South32 (S32.AX) Stock Price

South32 Price

🇦🇺ASX·CLOSED
3.07USD
Market closed
Today +/-
Today %

South32 (S32.AX) Stock | ISIN AU000000S320 | WKN A14QLH. The current South32 stock price is 3.07 USD (2026). Revenue is 6.51 B USD. Net income is 670.63 M USD. The P/E ratio is 20.71. Market capitalization is 13.89 B USD. South32 operates in the Commodities sector.

South32 stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of South32 over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how South32 stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing South32's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

South32 Stock Price History
DateSouth32 Price
Access this data via the Eulerpool API

South32 Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2012
13.84 B USD
1.93 B USD
1.4 B USD
Jan 1, 2013
12.09 B USD
1.13 B USD
-1.47 B USD
Jan 1, 2014
10.44 B USD
975 M USD
132 M USD
Jan 1, 2015
3.84 B USD
245 M USD
-919 M USD
Jan 1, 2016
5.81 B USD
404 M USD
-1.62 B USD
Jan 1, 2017
6.95 B USD
1.3 B USD
1.23 B USD
Jan 1, 2018
7.55 B USD
1.27 B USD
1.33 B USD
Jan 1, 2019
7.27 B USD
990 M USD
389 M USD
Jan 1, 2020
5.01 B USD
403 M USD
-65 M USD
Jan 1, 2021
5.48 B USD
876 M USD
-195 M USD
Jan 1, 2022
9.27 B USD
3.52 B USD
2.67 B USD
Jan 1, 2023
5.65 B USD
597 M USD
-173 M USD
Jan 1, 2024
4.92 B USD
126 M USD
-203 M USD
Jan 1, 2025
5.78 B USD
943 M USD
213 M USD
Invalid Date
6.51 B USD
956.28 M USD
670.63 M USD

South32 Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 11, 2026, 7:02 AM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales South32 generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue South32 retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare South32's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares South32 has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against South32's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

South32 stock margins

The South32 margin analysis displays the gross margin, EBIT margin, as well as the profit margin of South32. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for South32.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2012
63.67 %
13.93 %
10.13 %
Jan 1, 2013
57.32 %
9.33 %
-12.13 %
Jan 1, 2014
85.86 %
9.34 %
1.26 %
Jan 1, 2015
46.79 %
6.38 %
-23.91 %
Jan 1, 2016
44.22 %
6.95 %
-27.79 %
Jan 1, 2017
54.66 %
18.71 %
17.71 %
Jan 1, 2018
53.53 %
16.86 %
17.64 %
Jan 1, 2019
67.25 %
13.61 %
5.35 %
Jan 1, 2020
61.04 %
8.04 %
-1.3 %
Jan 1, 2021
66.05 %
16 %
-3.56 %
Jan 1, 2022
73.34 %
37.95 %
28.79 %
Jan 1, 2023
51.79 %
10.57 %
-3.06 %
Jan 1, 2024
52.73 %
2.56 %
-4.12 %
Jan 1, 2025
58.27 %
16.31 %
3.69 %
Invalid Date
58.27 %
14.7 %
10.31 %

South32 Stock Revenue, EBIT, Earnings per Share

The South32 earnings per share therefore indicates how much revenue South32 has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2012
2.6 USD
0.36 USD
0.26 USD
Jan 1, 2013
2.27 USD
0.21 USD
-0.28 USD
Jan 1, 2014
1.96 USD
0.18 USD
0.02 USD
Jan 1, 2015
1.12 USD
0.07 USD
-0.27 USD
Jan 1, 2016
1.09 USD
0.08 USD
-0.3 USD
Jan 1, 2017
1.29 USD
0.24 USD
0.23 USD
Jan 1, 2018
1.44 USD
0.24 USD
0.25 USD
Jan 1, 2019
1.42 USD
0.19 USD
0.08 USD
Jan 1, 2020
1.02 USD
0.08 USD
-0.01 USD
Jan 1, 2021
1.15 USD
0.18 USD
-0.04 USD
Jan 1, 2022
1.98 USD
0.75 USD
0.57 USD
Jan 1, 2023
1.23 USD
0.13 USD
-0.04 USD
Jan 1, 2024
1.09 USD
0.03 USD
-0.04 USD
Jan 1, 2025
1.28 USD
0.21 USD
0.05 USD
Invalid Date
1.44 USD
0.21 USD
0.15 USD

South32 business model & stock analysis

South32 Ltd is an Australian company specializing in the extraction and processing of raw materials such as aluminum, coal, and nickel. It was founded in 2015 as a result of the split of mining conglomerate BHP Billiton. South32's business model focuses on the efficient production of raw materials that are used in the manufacturing of products such as airplanes, vehicles, transportation, infrastructure projects, and household use. The company operates mines and production facilities in multiple countries worldwide, including Australia, South Africa, Brazil, and Colombia. The various divisions of South32 are aligned with specific raw materials, including aluminum, coal, and nickel. The company aims to produce high-quality raw materials while adhering to stringent safety and environmental standards. It prioritizes responsibility and sustainability to improve the quality of life and working conditions for local communities and minimize environmental impact. South32 offers products such as aluminum oxide, aluminum metal, coal-based energy solutions, and technology products containing nickel. These products are supplied directly to customers in industries such as aerospace, automotive, and construction. Overall, South32 is a modern and future-oriented company that focuses on long-term sustainable production of raw materials. Its history is characterized by strategic business direction and a strong emphasis on customer needs and environmental protection. With its wide portfolio of raw materials and products, South32 is an important player in the international raw materials industry and contributes significantly to global progress and prosperity.

South32 SWOT Analysis

Strengths

South32 Ltd possesses several strengths that contribute to its competitive advantage in the market.

South32 operates in multiple segments, including aluminum, coal, manganese, nickel, and silver. This diversification helps mitigate risks associated with fluctuations in any specific industry and provides stability to the company's overall performance.

With operations spanning across various countries, South32 has established a strong global presence. This allows the company to access different markets, benefit from diverse economies, and effectively manage geopolitical risks.

Weaknesses

South32 Ltd also faces certain weaknesses that may hinder its growth or performance.

As a natural resources company, South32 is susceptible to fluctuations in commodity prices. Volatile prices can impact its profitability, and the company may struggle during periods of low market demand or oversupply.

Some of South32's key inputs or raw materials may be sourced from a limited number of suppliers. Any disruptions in the supply chain or relationships with these suppliers can negatively affect the company's operations and profitability.

Opportunities

Several opportunities exist for South32 Ltd to capitalize on and further enhance its market position.

The growing focus on environmental sustainability and renewable energy presents an opportunity for South32 to diversify its product portfolio or invest in clean energy initiatives. This can help the company align with global trends and secure future growth.

South32 can explore strategic acquisitions or partnerships to expand its market reach, access new technologies or resources, and gain a competitive edge. Such moves can provide the company with opportunities for synergies and increased market share.

Threats

South32 Ltd faces certain threats that pose challenges to its business operations and financial performance.

The natural resources sector is highly competitive, with numerous global and local players. Increased competition can erode South32's market share, pricing power, and profitability if the company fails to differentiate itself or adapt to changing market dynamics.

Regulatory requirements, particularly related to environmental sustainability and safety standards, pose risks to South32's operations. Compliance costs and potential legal liabilities can impact the company's financial performance and reputation.

South32 Eulerpool Fair Value

South32 historical P/E ratio, EBIT multiple, and P/S ratio

South32 annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

South32 shares outstanding

The number of shares was South32 in 2025 — This indicates how many shares 4.524 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2012
5.32 B base_Shares
Jan 1, 2013
5.32 B base_Shares
Jan 1, 2014
5.32 B base_Shares
Jan 1, 2015
3.44 B base_Shares
Jan 1, 2016
5.32 B base_Shares
Jan 1, 2017
5.37 B base_Shares
Jan 1, 2018
5.24 B base_Shares
Jan 1, 2019
5.11 B base_Shares
Jan 1, 2020
4.89 B base_Shares
Jan 1, 2021
4.77 B base_Shares
Jan 1, 2022
4.68 B base_Shares
Jan 1, 2023
4.57 B base_Shares
Jan 1, 2024
4.52 B base_Shares
Jan 1, 2025
4.52 B base_Shares
Invalid Date
4.52 B base_Shares

South32 Dividend History

11 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.06USDYTD
Mar 5, 20260.06USD 0.7%1/1
20250.13USD 79.3%
Mar 6, 20250.08USD 17.4%1/2
Sep 18, 20250.06USD 27.3%2/2
20240.07USD 63.9%
20230.21USD 55.8%
20220.47USD 397.7%
20210.09USD 115.6%
20200.04USD 73.1%
20190.16USD 20.2%
20180.2USD 25.1%
20170.16USD 1125.0%

South32 dividend history and estimates

In 2025, South32 paid a dividend amounting to 0.13 USD. Dividend means that South32 distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Invalid Date
0 USD
0.01 USD
Jan 1, 2017
0.16 USD
0 USD
Jan 1, 2018
0.2 USD
0 USD
Jan 1, 2019
0.16 USD
0 USD
Jan 1, 2020
0.04 USD
0 USD
Jan 1, 2021
0.09 USD
0 USD
Jan 1, 2022
0.47 USD
0 USD
Jan 1, 2023
0.21 USD
0 USD
Jan 1, 2024
0.07 USD
0 USD
Jan 1, 2025
0.13 USD
0 USD
Invalid Date
0.06 USD
0.06 USD
Invalid Date
0 USD
0.28 USD
Invalid Date
0 USD
0.28 USD

South32 dividend payout ratio

In 2025, South32 had a payout ratio of 115.15%. The payout ratio indicates the percentage of the company's profits that South32 distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2012
124.38 %
Jan 1, 2013
124.38 %
Jan 1, 2014
124.38 %
Jan 1, 2015
124.38 %
Jan 1, 2016
-4.35 %
Jan 1, 2017
70.49 %
Jan 1, 2018
79.6 %
Jan 1, 2019
211.78 %
Jan 1, 2020
-434.65 %
Jan 1, 2021
-234.23 %
Jan 1, 2022
81.76 %
Jan 1, 2023
124.38 %
Jan 1, 2024
139.31 %
Jan 1, 2025
115.15 %
Invalid Date
126.28 %
Price targets and forecasts for South32 are not yet available.

South32 Earnings Estimates

South32 Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/14/20240.07USD3.68 BUSD2024 Q2
8/23/20230.17USD4.48 BUSD2023 Q4
2/14/20230.14USD4.13 BUSD2023 Q2
8/25/20220.36USD5.54 BUSD2022 Q4
2/17/20220.21USD4.58 BUSD2022 Q2
8/19/20210.08USD3.39 BUSD2021 Q4
2/18/20210.03USD3.03 BUSD2021 Q2
8/20/20200.01USD2.87 BUSD2020 Q4
2/13/20200.04USD3.34 BUSD2020 Q2
8/22/20190.08USD3.73 BUSD2019 Q4

EESG©

Eulerpool ESG Scorecard© for the South32 stock

71/100
62
Environment
64
Social
86
Governance
E

Environment

20
Scope 1 - Direct Emissions9,400,000
Scope 2 - Indirect emissions from purchased energy18,000,000
Scope 3 - Indirect emissions within the value chain54,200,000
Total CO₂ emissions27,400,000
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees20.6
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

South32 shareholder structure

% Name
6.10876%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
6.08862%
AustralianSuper
AustralianSuper
3.85195%
State Street Global Advisors Australia Ltd.
State Street Global Advisors Australia Ltd.
3.36301%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
2.62975%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
2.37112%
Vanguard Investments Australia Ltd.
Vanguard Investments Australia Ltd.
1.44278%
BlackRock Investment Management (Australia) Ltd.
BlackRock Investment Management (Australia) Ltd.
1.43273%
State Street Global Advisors (US)
State Street Global Advisors (US)
0.8254%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
0.73826%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
...

South32 Executives and Management Board

GK

Mr. Graham Kerr

(54)

Chief Executive Officer, Managing Director, Executive Director · since 2014

Compensation6.56 M USD
VT

Ms. Vanessa Torres

(55)

Chief Operating Officer, Australia

Compensation2.62 M USD
SS

Ms. Sandy Sibenaler

(43)

Chief Financial Officer

Compensation2.38 M USD
KT

Ms. Katie Tovich

(55)

Chief Human Resources Officer

Compensation2.21 M USD
NP

Mr. Noel Pillay

(57)

Chief Operating Officer - Southern Africa and Colombia

Compensation2.19 M USD

South32 Supply Chain

Frequently asked questions about South32

South32 Ltd has a diversified business model focused on the mining and production of various commodities. The company operates in multiple regions, including Australia, South Africa, and South America. South32 Ltd is involved in mining operations for aluminum, manganese, and silver, among other minerals. Additionally, the company engages in the production of energy coal, while also pursuing opportunities in the field of base metals. With a strong commitment to sustainable practices and responsible mining, South32 Ltd aims to deliver long-term value to its shareholders while contributing to the global demand for essential resources.

All fundamentals and in-depth analysis of South32

Our stock analysis for South32 Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of South32 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.