Here Are 7 Family Owned ASX Companies To Watch Eagerly

Family owned ASX companies are a rare breed. We’re not talking about companies who had one or two founders who are still involved today but the company is still controlled by the same generation. We’re talking about companies that have been in the same family for multiple decades, often multiple generations.

Such companies offer the advantage of long-term stability in leadership, something that can easily be taken for granted but can be vital for companies to operate. The families that own the companies often have a large stake, thus aligning their interests with those of fellow shareholders. And these companies have tended to perform well through several economic cycles – otherwise they wouldn’t still be around. Here’s a list of a handful of such ASX companies.

Here are 7 family owned ASX companies

Redox (ASX:RDX)

Redox is one of the newer ASX companies, listing mid-2023 with a $1.3bn valuation. It was founded nearly 6 decades prior, by Roland Coneliano, and it has stayed in family since.

This company sells chemicals, ingredients and other raw materials to over 6,000 manufacturers. These include food ingredients, pharmaceuticals, flavours, specialty chemicals, fertilisers, pigments, plastic polymers and many more, totalling over 500,000Mt sold per annum.

It is not a manufacturer, but it adds value through blending, mixing and technical support that goes well beyond basic logistics. It is the largest distributor of its kind in Australia, with operations in New Zealand, the United States and, from 2024, Canada.

The post‑listing journey has been uneven. Shares rallied more than 90% through CY24 before giving back ground in early CY25 as tariff uncertainty weighed on customer sentiment and margin pressure emerged from lower‑margin commodity business and acquisitions. FY25 revenue grew 9.4% to A$1.24bn, though gross margins contracted slightly.

The recovery since then has been encouraging. In the first half of FY26, revenue rose 6.6% to A$674m, gross margins held at 21.5%, its profit reached A$43.79m and operating cash flow surged to A$62.2m from A$12m a year earlier. The balance sheet remains strong with A$145m in net cash and no debt. Management continues to target roughly 10% revenue CAGR and 11% profit CAGR over the long term. To make a long story short, FY26 is shaping as a materially stronger year than FY25.

Beacon Lighting (ASX:BLX)

Beacon has been listed since 2014 and was founded in 1967 by Ian Robinson. Ian Robinson who remains Executive Chairman and his son Glen is now the CEO, having worked for the group since 1994 and having been in the top job since 2013. The company’s mission is ‘to brighten our customers’ lives with exciting products that are environmentally friendly and fashionable through expertise and unparalleled service’.

It sells lights and fans to retail and trade consumers and is the largest company in its industry. At its IPO just over a decade ago, the company generated A$150m in sales, A$17.2m in EBITDA and A$11.5m in NPAT, with a long history of 15–20% annual profit growth. Within ten years, saleswere over $320m, supported by more than 120 franchised stores. Vertical integration has helped Beacon maintain gross margins above 65% for five consecutive years and navigate supply chain disruptions that have affected peers. A loyalty program with 900,000 members adds further defensibility.

FY25 revenue rose 1.8% to A$329.4m, though earnings were broadly flat and slightly missed analyst expectations. In our view, this reflected a subdued consumer environment rather than any structural deterioration. Consensus points to a recovery in FY26, with revenue expected to reach roughly A$365m and NPAT around A$35.6m.

ARB Corporation (ASX:ARB)

ARB was named after the initials of Anthony Ronald Brown, who founded the company in 1975 after he was inspired by a 4WD trip through the top end of Australia. The family owns just over 5% of the business, which makes aftermarket gear for 4WDs. Initially, it just sold bars and racks, but has not looked back since it bought the rights to the Roberts Diff Lock and the Old Man Emu Suspension in the late 1980s. These days, ARB sells to more than 100 countries.

In FY25, group revenue rose 5.3% to A$729.9m, while NPAT declined around 5% to A$97.5m due to margin compression from a stronger Thai Baht, lower factory recoveries and softer domestic aftermarket conditions. Export sales were the standout, rising 16.4% with double‑digit growth across all regions. Exports now represent 36.6% of group sales. The US business delivered 21–24% revenue growth in the second half of FY25, and ARB has established a head office and distribution centre in Dubai to support Middle Eastern expansion.

The company ended FY25 with A$69.2m in cash and no debt and declared total dividends of A$1.19 per share, up 72.5%, including a 50‑cent special dividend funded from existing cash reserves.

Reece (ASX:REH)

Reece has been owned by the Wilson family since 1967, but its history dates back to the early 1920s. It services plumbing, bathroom, building, civil, pools and irrigation, heating, ventilation, air conditioning, fire protection and refrigeration industries.

In March 2025, Alan Wilson stepped down from the board after more than 50 years of service, becoming Chairman Emeritus. His son Peter Wilson now serves as both Chairman and CEO. FY25 was, in Peter’s words, “a turbulent year.” Group revenue fell 1% to A$9.0bn, US revenue declined 5% to US$3.3bn and ANZ revenue rose 1% to A$3.9bn.

EBIT fell 20% to A$548m, EPS declined 24% to 49 cents and the dividend was cut 29% to 18.36 cents. The US business continues to face headwinds from elevated mortgage rates and soft new construction activity, while competition in ANZ has intensified.

Results from the first half of FY26 showed revenue up 5.6% to A$4.65bn, though NPAT fell a further 20.3% to A$144m. The long‑term rationale for the US expansion remains intact, but investors will need patience and trust. It has not helped that several employees in the US quit the business, set up their own and staved off attempts by Reece to enforce non-compete clauses in their contracts.

SGH (ASX:SGH)

SGH is the primary investment vehicle of the Stokes family. Kerry Stokes built the group; his son Ryan Stokes now leads it as CEO and Managing Director. The family retains approximately 51% ownership through Australian Capital Equity.

Kerry Stokes’ entry into broadcasting began in 1987 with the acquisition of the Golden West Network. He established WesTrac in 1990 as the authorised Caterpillar dealer for Western Australia. These two pillars (media and heavy machinery) were merged in 2010 to form Seven Group Holdings, which rebranded as SGH in November 2024 to reflect its shift toward industrial and energy operations. Today, SGH owns WesTrac, Boral, Coates and a 30% stake in Beach Energy. It sits in the ASX Top 50 with a market capitalisation of around A$21bn.

In FY25, underlying NPAT grew roughly 9% to A$924m on revenue of about A$10.7bn. EBIT rose around 8% to A$1.54bn, operating cash flow surged approximately 49% and leverage fell below 2x net debt/EBITDA. The fully franked dividend increased 17% to 62 cents per share. The full acquisition of Boral has been the defining strategic decision of recent years and is already contributing to margin expansion and earnings growth.

Soul Pattinson (ASX:SOL)

Soul Pattinson is arguably the most venerable family‑controlled company on the ASX. Its origins date to 1886, and it has been listed since 1903 without missing a single dividend payment. The Millner family has stewarded the company for generations. Robert Millner, Lewy Pattinson’s great‑grandson, has been Chairman since 1999, following his uncle Jim Millner’s three‑decade tenure. Robert and his son Tom together control more than 15% of the company.

Soul Pattinson operates as a diversified investment house with exposure to listed equities, private equity, credit and real assets. Its mandate is deliberately unconstrained, allowing it to pursue opportunities wherever it sees the best risk‑adjusted returns.

In September 2025, Soul Pattinson and Brickworks completed a combination scheme, simplifying a longstanding cross‑shareholding and improving transparency for shareholders. For investors seeking a disciplined, value‑focused allocator with a multigenerational track record, and a dividend that has never been interrupted in more than 120 years, Soul Pattinson stands apart.

Nick Scali (ASX:NCK)

Nick Scali is one of Australia’s great migrant‑family success stories. Nicodemo Scali arrived from Italy in 1955 and opened his first furniture store in 1962. His son Anthony Scali became CEO when the company listed in 2004 at A$1 per share for an A$81m market capitalisation. Since listing, the company has compounded sales by more than 1,000%, profit by more than 1,400% and dividends by more than 1,200%.

The group now operates two brands — Nick Scali and Plush‑Think Sofas — with more than 100 stores across Australia and New Zealand. In April 2024, the company raised A$46m to acquire UK retailer Fabb Furniture, which is being rebranded under the Nick Scali name. Anthony Scali estimates the UK market at roughly A$24bn and has flagged North America as a potential next step if the UK rollout succeeds.

FY25 was a transitional year. Group revenue rose 11% to approximately A$251m in H1 FY25, partly driven by A$28.6m from the UK. Group NPAT fell 23% to A$33.2m as the company absorbed UK establishment costs. ANZ underlying NPAT declined 16% to A$36m in the half. The near‑term earnings headwinds are real, but the investment case remains anchored in Anthony Scali’s track record of disciplined expansion, a resilient ANZ base and a UK platform that could replicate the domestic model in a far larger market.