GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
S

South32 S32.AX · AUD

Materials · Metals & Mining · ASX · 🇦🇺 Australia

Compare

4.59

+3.38%

Close of 9 Nov 2026, in AUD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2026

Revenue

$5.82bn

FY2017FY2026

Net income

$1.09bn

FY2017FY2026

Free cash flow

$500.0m

FY2017FY2026

Shareholders' equity

$9.70bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue$5.82bn$5.78bn$3.82bn$3.94bn$9.27bn$5.48bn$5.01bn$7.27bn$7.55bn$7.20bn
Operating income$887.0m$554.0m−$512.9m−$325.2m$3.72bn$203.0m$438.0m$1.91bn$2.18bn$2.19bn
Net income$1.09bn$213.0m−$141.7m−$120.7m$2.67bn−$195.0m−$65.0m$389.0m$1.33bn$1.23bn
Diluted earnings per share0.240.05-0.03-0.030.58-0.04-0.010.080.260.23

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets$14.49bn$13.73bn$14.24bn$14.56bn$16.34bn$13.24bn$13.74bn$14.71bn$15.13bn$14.73bn
Cash and short-term investments$2.13bn$1.68bn$842.0m$1.26bn$2.37bn$1.61bn$1.31bn$1.41bn$2.97bn$2.71bn
Total liabilities$4.78bn$4.87bn$5.27bn$5.19bn$5.56bn$4.29bn$4.17bn$4.55bn$4.42bn$4.50bn
Debt$1.85bn$1.63bn$1.57bn$1.74bn$1.83bn$1.21bn$1.02bn$904.0m$929.0m$1.03bn
Shareholders' equity$9.70bn$8.85bn$8.96bn$9.38bn$10.78bn$8.96bn$9.56bn$10.17bn$10.71bn$10.24bn
Shares outstanding4,504m4,501m4,528m4,537m4,626m4,681m4,827m4,966m5,140m5,262m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations$1.63bn$1.33bn$1.12bn$831.1m$3.07bn$1.41bn$1.36bn$1.82bn$1.72bn$2.13bn
Capital spending−$1.13bn−$1.00bn−$1.12bn−$623.9m−$596.0m−$591.0m−$773.0m−$726.0m−$470.0m−$343.0m
Free cash flow$500.0m$332.0m−$2.0m$207.3m$2.47bn$814.0m$592.0m$1.09bn$1.25bn$1.79bn
Dividends paid−$292.0m−$294.0m−$163.0m−$702.7m−$660.0m−$115.0m−$246.0m−$657.0m−$708.0m−$244.0m

Latest quarters

By quarter end

Jun 2026Dec 2025Jun 2025Dec 2024Jun 2024Dec 2023Jun 2023Dec 2022
Revenue$2.96bn$2.86bn$2.60bn$2.22bn$1.59bn$2.23bn$3.79bn$3.75bn
Operating income$484.0m$364.6m$116.0m$305.7m−$570.8m$57.9m$532.0m$393.0m
Net income$619.0m$451.1m−$147.0m$251.2m−$178.6m$37.0m−$858.0m$685.0m
Diluted earnings per share0.140.10-0.030.06-0.040.01-0.190.15
Cash from operations$1.04bn$550.0m$887.0m$314.0m$639.0m$203.0m$599.0m$592.0m
Capital spending−$526.0m−$507.0m−$542.0m−$346.0m−$353.0m−$610.0m−$492.0m−$396.0m
Free cash flow$512.0m$43.0m$345.0m−$32.0m$286.0m−$407.0m$107.0m$196.0m
Total assets$14.48bn$13.80bn$13.73bn$9.67bn$14.24bn$14.40bn$10.16bn$11.01bn
Cash and short-term investments$2.13bn$1.66bn$1.68bn$1.12bn$842.0m$702.0m$877.9m$1.09bn
Debt$1.21bn$1.69bn$1.63bn$1.15bn$1.57bn$1.79bn$1.21bn$1.30bn
Shareholders' equity$9.70bn$9.24bn$8.85bn$6.40bn$8.96bn$9.23bn$6.54bn$7.35bn

Financial ratios

Data as of 1 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2014FY2013FY2012
Operating margin15.3%9.6%-9.2%-8.3%40.2%13.6%———
Net margin18.7%3.7%-3.7%-3.1%28.8%-3.6%———
Return on equity11.2%2.4%-2.3%-1.8%24.8%-2.2%———
Return on assets7.5%1.6%-1.4%-1.2%16.3%-1.5%———
Free cash flow yield12.5%10.6%10.1%9.4%16.1%8.7%———
Revenue growth0.6%5.5%-3.0%-39.1%69.3%9.3%———
Earnings growth410.3%-204.9%17.3%-106.5%-1468.7%200.0%———
Current ratio2.44x2.43x2.39x2.08x2.24x2.00x———
Debt to equity0.13x0.11x0.11x0.12x0.11x0.13x———
Equity ratio66.9%64.4%62.9%64.4%66.0%67.6%———
Interest coverage4.20x2.68x-2.06x-2.25x24.50x5.65x———
R&D as a share of sales——————0.2%0.1%0.1%
Buybacks as a share of market value-0.1%0.6%0.2%1.9%1.2%3.0%———

Growth per year

Compound annual rate

3 years5 years10 years
Revenue13.9%1.2%-0.5%
Operating income—34.3%—

Average margins

Over each period

1 year3 years5 years10 years
Operating margin12.4%3.1%13.3%14.6%
Net margin11.2%5.4%10.3%7.1%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Price to earnings13.254.5-78.8-90.75.0-69.8-133.0
Price to sales2.52.02.92.81.42.51.7

Dividends and splits

Per share, in the currency the company pays

Paid for 10 years. Last went ex-dividend on 17 Sept 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year0.0530.0560.1330.1040.1760.4660.0940.102

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.