Sibanye Stillwater Limited (SBSW) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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SBSW Revenue Growth
Revenue Breakdown (FY 2024)
SBSW's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
SBSW Revenue Analysis (2014–2025)
As of May 7, 2026, Sibanye Stillwater Limited (SBSW) generated trailing twelve-month (TTM) revenue of $238.26 billion, reflecting exceptional growth of +25.4% year-over-year. The most recent quarter (Q4 2025) recorded $71.36 billion in revenue, up 30.3% sequentially.
Looking at the longer-term picture, SBSW's 5-year compound annual growth rate (CAGR) stands at -1.2%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $172.19 billion in 2021.
Revenue diversification analysis shows SBSW's business is primarily driven by Pgm Mining Activities (36%), Gold Mining Activities (22%), and Platinum Mining Activities (12%).
When compared to Basic Materials sector peers including PAL (+78.7% YoY), NEM (-11.7% YoY), and AEM (+44.2% YoY), SBSW has underperformed the peer group in terms of revenue growth. Compare SBSW vs PAL →
SBSW Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SBSWCurrent | $238.3B | +25.4% | -1.2% | 18.5% | |
 PAL | $430M | +78.7% | - | 3.8% | |
 NEM | $22.1B | -11.7% | +14.1% | 46.9% | |
 AEM | $11.9B | +44.2% | +29.2% | 53.1% | |
 KGC | $7.2B | +42.7% | +11.2% | 43.2% |
SBSW Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $120.10B | +7.1% | $28.61B | 23.8% | $22.19B | 18.5% |
| 2024 | $112.13B | -1.4% | $6.30B | 5.6% | $3.68B | 3.3% |
| 2023 | $113.68B | -17.8% | $12.78B | 11.2% | $13.62B | 12.0% |
| 2022 | $138.29B | -19.7% | $34.83B | 25.2% | $36.43B | 26.3% |
| 2021 | $172.19B | +35.2% | $60.17B | 34.9% | $62.49B | 36.3% |
| 2020 | $127.39B | +74.7% | $42.26B | 33.2% | $43.48B | 34.1% |
| 2019 | $72.93B | +44.0% | $9.18B | 12.6% | $8.26B | 11.3% |
| 2018 | $50.66B | +10.3% | $2.31B | 4.6% | $1.09B | 2.2% |
| 2017 | $45.91B | +47.0% | $3.33B | 7.3% | $1.63B | 3.6% |
| 2016 | $31.24B | +37.5% | $5.94B | 19.0% | $6.49B | 20.8% |
Full SBSW Stock Analysis
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Start ComparisonSBSW — Frequently Asked Questions
Quick answers to the most common questions about buying SBSW stock.
Is SBSW's revenue growth accelerating or slowing?
SBSW revenue is accelerating at +25.4% year-over-year, exceeding the 5-year CAGR of -1.2%. TTM revenue reached $238.3B. Growth momentum has increased versus prior periods.
What is SBSW's long-term revenue growth rate?
Sibanye Stillwater Limited's 5-year revenue CAGR of -1.2% reflects the sustained expansion pattern. Current YoY growth of +25.4% is above this long-term average.
How is SBSW's revenue distributed by segment?
SBSW reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.