ASX Blue Chip Stocks for Long Term Holding

A few stocks have grown consistently for many years supported by solid business models, stable earnings and disciplined capital management. Even though matured, these continue to exhibit long term growth potential.

Wesfarmers Limited (ASX: WES)

had another solid year in FY25 with revenue going up 3.4% to A$45.7 billion and NPAT climbing 14.4% to A$2.93 billion. This performance was mainly supported by strong value offerings from Bunnings and Kmart along with growth in Wesfarmers Health. EBIT also went higher by 11.9% to A$4.47 billion while operating cash flow stayed steady at around A$4.6 billion, producing free cash flow of A$3.45 billion. The company’s balance sheet remained strong as net debt stood at A$4.2 billion and debt to EBITDA ratio was 1.7x.Shareholders received a fully franked ordinary dividend of A$2.06 per share which is up 4% from last year. Some major steps in strategy were the first lithium hydroxide production at Covalent refinery in July 2025, expansion of omni channel platforms and the A$770 million sale of Coregas. Looking forward to FY26 capex is expected between A$1.0–1.3 billion with earnings likely supported by lithium ramp up, retail media, health initiatives and productivity gains.

News Corporation (ASX: NWS)

had a strong FY25 with revenue going up 2% to about US$8.45 billion from continuing operations and net income jumping to US$1.18 billion compared to just US$266 million in FY24.This sharp turnaround was mainly from better performance in information services and digital real estate and also some cost saving moves after selling Foxtel. Net tangible assets per share more than doubled to US$5.46 showing a stronger balance sheet and also because of getting a 6% equity stake in DAZN. The company announced total dividends of US$0.20 per share with interim and final dividend of US$0.10 each both of which were unfranked. With a mix of media along with publishing and digital assets News Corp looks in a good position to give more returns to shareholders helped by rising digital platforms and its careful capital management.

Super Retail Group Limited (ASX: SUL)

reported steady FY25 numbers with total sales increasing 4.5% to A$4.07 billion but normalised NPAT slipped 4% to A$232.4 million due to weaker consumer spending. Segment EBITDA moved up 2.6% to A$758 million and operating cash flow stayed strong at A$577 million even with bigger working capital outflows. The balance sheet looks solid showing A$63 million net cash and no bank debt drawn at the end of the year. Growth momentum was seen with 23 new stores added taking total store count to 782 and 1 million more active club members joining which lifted total members to 12.5 million who made up 79.4% of sales. For FY26 the company plans capex of A$155 million mainly on new stores, omni retail upgrades and gradual rollout of its new Victorian distribution centre.

Commonwealth Bank of Australia (ASX: CBA)

had another strong performance in FY25 with statutory NPAT going up 6.9% to about A$10.1 billion. The operating income was up 4.8% to A$28.5 billion which came mainly from growth in home, business and institutional loans. Expenses also moved higher by 6.4% because of more spending on technology and frontline services. ROE stayed strong at 13.5% and net interest margin inched higher to 2.08%. The balance sheet looked healthy with total assets of around A$1.35 trillion. Shareholders received fully franked dividends of A$4.85 per share which is 20 cents higher than last year and the payout ratio at 79% close to the upper end of 70-80% range. The bank is also running a A$1 billion buyback in the market. Going ahead CBA is focusing on digital growth, AI solutions for customers and keeping earnings strong in a softer economy.
(Source: Company Announcements)