Aurizon Holdings Limited has announced its financial results for the fiscal year 2025, reporting a group underlying EBITDA of $1.576 billion, which is a 3% decrease compared to the prior comparable period. The company's revenue increased by 3% to $3.952 billion, reflecting higher regulatory revenue despite a reduction in external construction works. However, EBIT decreased by 8% to $844 million. Net Profit After Tax (NPAT) saw a decline of 14% to $348 million, and statutory NPAT dropped by 25% to $303 million, primarily due to significant items including a goodwill impairment of $57 million allocated to the Bulk segment. Aurizon's Free Cash Flow decreased by 22% to $518 million, and Earnings Per Share $(EPS)$ declined by 12% to 19.5 cents per share. The company declared a final dividend of 6.5 cents per share, fully franked, contributing to a total dividend of 15.7 cents per share for FY2025. Key operational highlights include a 3% increase in Network EBITDA to $956 million due to higher regulatory revenue, while Coal EBITDA remained flat at $527 million. Bulk EBITDA experienced a significant decline of 26% to $169 million due to several factors including the cessation of a rail maintenance contract and lower South Australia grain volumes. Aurizon has also announced an on-market buy-back of up to $150 million for FY2026, following the completion of a $300 million buy-back in FY2025.