Last 24 quarters of trend data · Basic Materials · Gold
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has expanded 328.4% YoY to 0.5x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q2 '25 | Q4 '24 | Q2 '24 | Q4 '23 | Q2 '23 | Q4 '22 | Q2 '22 | Q4 '21 | Q2 '21 | Q4 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -31.87 | — | — | 3.44 | — | — | 0.15 | 0.29 | 0.15 | 0.27 | 0.13 | 0.14 | 0.17 |
| — | — | — | +1066.0% | — | — | +18.7% | +108.7% | -13.6% | -94.8% | — | — | -96.3% | |
| P/S Ratio | 1.28 | 0.04 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 | 0.05 | 0.03 | 0.04 | 0.04 | 0.03 |
| — | +95.3% | +28.0% | -63.1% | -72.2% | -29.3% | -49.6% | -37.1% | +100.4% | -45.2% | +89.8% | +179.1% | +83.1% | |
| P/B Ratio | 3.48 | 0.23 | 0.12 | 0.05 | 0.07 | 0.07 | 0.04 | 0.08 | 0.08 | 0.11 | 0.15 | 0.15 | 0.14 |
| — | +206.9% | +161.3% | -39.8% | -14.9% | -30.0% | -70.8% | -47.9% | -44.0% | -49.0% | +66.3% | +146.9% | +156.0% | |
| P/FCF | 90.99 | — | 0.35 | — | — | — | — | 0.34 | 0.49 | 0.11 | 0.18 | 0.32 | 0.15 |
| — | — | — | — | — | — | — | +7.4% | +219.8% | -80.3% | — | +368.3% | — | |
| EV / EBITDA | 5.68 | 0.49 | 0.34 | 0.54 | 0.57 | 0.11 | 0.15 | 0.06 | 0.02 | -0.01 | 0.03 | 0.10 | 0.23 |
| — | +328.4% | +120.1% | +787.5% | +2220.9% | +2032.3% | +412.9% | -38.9% | -89.2% | -100.8% | -96.5% | -99.0% | -98.1% | |
| EV / EBIT | 8.14 | 0.68 | — | — | 10.65 | — | 0.23 | 0.08 | 0.03 | -0.01 | 0.03 | 0.09 | 0.42 |
| — | — | — | — | +36865.6% | — | +786.1% | -9.5% | -93.1% | -101.4% | — | — | -97.1% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Sibanye Stillwater Limited's operating margin was 19.3% in Q4 2025, down 9.7 pp QoQ and up 22.8 pp YoY. Gross margin expanded 890.4% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q2 '25 | Q4 '24 | Q2 '24 | Q4 '23 | Q2 '23 | Q4 '22 | Q2 '22 | Q4 '21 | Q2 '21 | Q4 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.8% | 25.5% | 30.1% | 15.1% | 12.9% | -3.2% | 25.8% | 19.6% | 33.2% | 34.8% | 34.8% | 33.0% | 33.0% |
| — | +890.4% | +16.7% | -23.0% | -61.0% | -109.3% | -25.8% | -40.6% | +0.5% | +176.1% | +176.1% | +622.6% | +622.6% | |
| Operating Margin | 18.5% | 19.3% | 29.0% | 14.9% | 12.6% | -3.5% | 14.4% | 20.9% | 26.0% | 33.1% | 33.1% | 30.9% | 30.9% |
| — | +651.8% | +100.9% | -28.8% | -51.4% | -110.6% | -56.4% | -32.5% | -16.0% | +192.1% | +192.1% | +1336.3% | +1336.3% | |
| Net Margin | -4.0% | -2.1% | -6.6% | 0.3% | -13.5% | -85.1% | 12.3% | 9.4% | 17.1% | 19.2% | 19.2% | 23.0% | 23.0% |
| — | +97.5% | -153.5% | -96.7% | -179.3% | -543.3% | -36.2% | -59.2% | -25.8% | +22430.3% | +22430.3% | +566.3% | +566.3% |
| Metric | TTM | Q4 '25 | Q2 '25 | Q4 '24 | Q2 '24 | Q4 '23 | Q2 '23 | Q4 '22 | Q2 '22 | Q4 '21 | Q2 '21 | Q4 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -10.4% | -3.4% | -7.8% | 0.4% | -15.2% | -59.6% | 7.6% | 6.9% | 6.9% | 20.0% | 21.3% | 24.7% | 37.3% |
| — | +94.3% | -201.4% | -94.7% | -320.0% | -397.6% | -64.0% | -72.0% | -81.4% | +20277.5% | +19169.0% | +604.9% | +839.8% | |
| ROA | -3.3% | -1.0% | -2.5% | 0.1% | -5.4% | -28.0% | 4.3% | 3.9% | 3.9% | 11.0% | 11.8% | 11.5% | 13.2% |
| — | +96.3% | -159.4% | -96.7% | -239.5% | -353.2% | -63.7% | -66.0% | -70.9% | +35507.1% | +34859.6% | +865.5% | +932.8% | |
| ROIC | 22.9% | 15.0% | 16.9% | 8.9% | 7.7% | -1.6% | 6.7% | 12.1% | 8.7% | 29.1% | 29.4% | 22.4% | 26.5% |
| — | +1022.0% | +151.9% | -26.7% | -11.3% | -105.6% | -77.1% | -46.0% | -67.2% | +384.8% | +373.6% | +2628.8% | +3124.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Sibanye Stillwater Limited's Debt/EBITDA ratio is 2.3x, up from 2.1x last quarter — at a moderate level that warrants monitoring. Debt/Equity has risen for 8 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q4 '25 | Q2 '25 | Q4 '24 | Q2 '24 | Q4 '23 | Q2 '23 | Q4 '22 | Q2 '22 | Q4 '21 | Q2 '21 | Q4 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.00 | 1.00 | 0.97 | 0.87 | 0.81 | 0.79 | 0.26 | 0.25 | 0.23 | 0.25 | 0.21 | 0.26 | 0.58 |
| — | +26.5% | +273.0% | +254.9% | +247.1% | +219.6% | +22.2% | -4.3% | -59.8% | -66.4% | -76.4% | -73.1% | -48.3% | |
| Debt / EBITDA | 1.40 | 2.32 | 2.13 | 3.20 | 3.40 | 0.97 | 1.93 | 1.24 | 1.97 | 0.53 | 0.54 | 0.77 | 1.15 |
| — | +139.8% | +10.7% | +158.0% | +71.9% | +81.4% | +256.1% | +62.2% | +71.2% | -80.4% | -86.1% | -98.2% | -97.7% | |
| Current Ratio | 1.78 | 1.78 | 2.89 | 2.32 | 2.09 | 1.70 | 3.14 | 3.01 | 3.36 | 3.16 | 2.73 | 2.99 | 1.96 |
| — | +4.7% | -8.1% | -22.8% | -37.9% | -46.2% | +15.0% | +0.6% | +71.2% | +72.8% | +116.5% | +187.7% | +6.2% | |
| Quick Ratio | 0.86 | 0.86 | 1.53 | 1.10 | 1.04 | 0.97 | 1.72 | 1.70 | 1.92 | 1.94 | 1.47 | 1.56 | 0.98 |
| — | -12.0% | -10.7% | -35.5% | -46.0% | -49.7% | +16.6% | +9.0% | +95.7% | +160.1% | +158.8% | +130.6% | -24.1% | |
| Interest Coverage | 8.63 | 10.99 | 11.70 | 6.94 | — | — | — | 13.28 | 17.14 | 32.33 | 32.33 | 16.78 | 16.78 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 24 years · Updated daily
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Sibanye Stillwater Limited's current P/E is -31.9x. The average P/E over the last 1 quarters is 3.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Sibanye Stillwater Limited's current operating margin is 18.5%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Sibanye Stillwater Limited's business trajectory between earnings reports.