The Woolworths Group recognized a total net profit after tax (NPAT) of 1.71 billion Australian dollars in the 2024 financial year. This represented a marginal decrease from the previous year, in which an NPAT of just over 1.72 billion Australian dollars was recorded. The highest NPAT recorded within the given period was in 2015.
As of 2023, Woolworths, Coles, and Aldi were the most popular supermarkets among Australian consumers. That same year, New South Wales was home to the highest number of operating supermarkets and grocery stores in Australia, followed by Victoria. Following year-on-year growth since 2004, the annual revenue of supermarkets and grocery stores climbed in 2023. Nonetheless, due to grocery price inflation, consumers are trying to cut back on grocery spending by changing to cheaper brands and shopping during sales. Grocery expenses were named as the most significant contributor to cost of living pressures among consumers across Australia.
Net profit after tax (NPAT) of Woolworths Group from financial year 2015 to 2024
(in billion Australian dollars)
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Woolworths Limited. (August 28, 2024). Net profit after tax (NPAT) of Woolworths Group from financial year 2015 to 2024 (in billion Australian dollars) [Graph]. In Statista. Retrieved December 14, 2024, from https://www.statista.com/statistics/1116200/australia-net-profit-after-tax-woolworths-group/
Woolworths Limited. "Net profit after tax (NPAT) of Woolworths Group from financial year 2015 to 2024 (in billion Australian dollars)." Chart. August 28, 2024. Statista. Accessed December 14, 2024. https://www.statista.com/statistics/1116200/australia-net-profit-after-tax-woolworths-group/
Woolworths Limited. (2024). Net profit after tax (NPAT) of Woolworths Group from financial year 2015 to 2024 (in billion Australian dollars). Statista. Statista Inc.. Accessed: December 14, 2024. https://www.statista.com/statistics/1116200/australia-net-profit-after-tax-woolworths-group/
Woolworths Limited. "Net Profit after Tax (Npat) of Woolworths Group from Financial Year 2015 to 2024 (in Billion Australian Dollars)." Statista, Statista Inc., 28 Aug 2024, https://www.statista.com/statistics/1116200/australia-net-profit-after-tax-woolworths-group/
Woolworths Limited, Net profit after tax (NPAT) of Woolworths Group from financial year 2015 to 2024 (in billion Australian dollars) Statista, https://www.statista.com/statistics/1116200/australia-net-profit-after-tax-woolworths-group/ (last visited December 14, 2024)
Net profit after tax (NPAT) of Woolworths Group from financial year 2015 to 2024 (in billion Australian dollars) [Graph], Woolworths Limited, August 28, 2024. [Online]. Available: https://www.statista.com/statistics/1116200/australia-net-profit-after-tax-woolworths-group/