SBSWNYSEGold and Silver OresFiscal year ends December 31Also trades as SBYSF
Sibanye Stillwater Ltd
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 24, 2026
$9.77−0.34 (-3.36%)
Close on Oct 19, 2026
Sibanye Stillwater Ltd revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Europe (Sandouville nickel refinery) | – | – | – | 3.14B ZAR | – | – | – | – | – | – | – |
| Battery metals | – | – | – | 3.14B ZAR | – | – | – | – | – | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PGMs | 68.95B ZAR | 59.55B ZAR | 71.09B ZAR | 111.07B ZAR | 137.96B ZAR | 95.57B ZAR | 51.51B ZAR | 27.55B ZAR | – | 53.2% | +15.8% |
| Gold | 47.69B ZAR | 37.14B ZAR | 30.26B ZAR | 18.81B ZAR | 29.53B ZAR | 28.93B ZAR | 18.88B ZAR | 21.43B ZAR | – | 36.8% | +28.4% |
| Platinum | 25.83B ZAR | 20.57B ZAR | 19.78B ZAR | 17.83B ZAR | 21.24B ZAR | 17.05B ZAR | 13.01B ZAR | 9.23B ZAR | – | 19.9% | +25.5% |
| Palladium | 19.11B ZAR | 19.92B ZAR | 25.27B ZAR | 42.28B ZAR | 52.86B ZAR | 47.28B ZAR | 28.03B ZAR | 15.28B ZAR | – | 14.7% | -4.0% |
| Rhodium | 17.97B ZAR | 14.75B ZAR | 21.99B ZAR | 47.17B ZAR | 59.83B ZAR | 29.87B ZAR | 9.34B ZAR | 2.24B ZAR | – | 13.9% | +21.9% |
| Chrome | 4.82B ZAR | 6.07B ZAR | 5.17B ZAR | 3.48B ZAR | 2.26B ZAR | 1.57B ZAR | 1.75B ZAR | 1.13B ZAR | – | 3.7% | -20.5% |
| Zinc | 4.33B ZAR | 3.77B ZAR | 2.13B ZAR | 0 ZAR | 0 ZAR | – | – | – | – | 3.3% | +14.9% |
| Iridium | 3.78B ZAR | 2.82B ZAR | 2.88B ZAR | 2.48B ZAR | 2.69B ZAR | 815.00M ZAR | 650.00M ZAR | 442.90M ZAR | – | 2.9% | +33.9% |
| Ruthenium | 2.25B ZAR | 1.48B ZAR | 1.17B ZAR | 1.32B ZAR | 1.34B ZAR | 558.00M ZAR | 473.00M ZAR | 350.60M ZAR | – | 1.7% | +51.5% |
| Silver | 2.15B ZAR | 1.01B ZAR | 152.00M ZAR | 20.00M ZAR | – | – | – | – | – | 1.7% | +112.9% |
| Nickel | 1.33B ZAR | 3.63B ZAR | 4.33B ZAR | 4.31B ZAR | 1.42B ZAR | 910.00M ZAR | 617.90M ZAR | 383.00M ZAR | – | 1.0% | -63.3% |
| Other | 413.00M ZAR | 976.00M ZAR | 560.00M ZAR | 600.00M ZAR | 1.02B ZAR | 406.00M ZAR | 789.00M ZAR | 547.60M ZAR | – | 0.3% | -57.7% |
| Nickel salts | – | – | 560.00M ZAR | 870.00M ZAR | – | – | – | – | – | – | – |
| Nickel metal | – | – | 2.34B ZAR | 2.02B ZAR | – | – | – | – | – | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Southern Africa (SA) | 97.94B ZAR | 82.40B ZAR | 84.74B ZAR | 89.51B ZAR | 113.51B ZAR | 82.78B ZAR | 46.22B ZAR | 34.81B ZAR | 36.75B ZAR | 75.5% | +18.9% |
| International Operations | 32.30B ZAR | 29.85B ZAR | 29.09B ZAR | – | – | – | – | – | – | 24.9% | +8.2% |
| United States | 27.11B ZAR | 23.09B ZAR | 23.81B ZAR | – | – | 45.15B ZAR | 26.86B ZAR | 15.87B ZAR | 9.16B ZAR | 20.9% | +17.4% |
| United States | 26.55B ZAR | 22.96B ZAR | 23.67B ZAR | 45.64B ZAR | 58.68B ZAR | 44.61B ZAR | 26.70B ZAR | 15.85B ZAR | 9.16B ZAR | 20.5% | +15.6% |
| Australia | 4.67B ZAR | 3.98B ZAR | 2.25B ZAR | 0 ZAR | 0 ZAR | – | – | – | – | 3.6% | +17.3% |
| European operations | 518.00M ZAR | 2.78B ZAR | 3.02B ZAR | 3.14B ZAR | 0 ZAR | 0 ZAR | – | – | – | 0.4% | -81.4% |
From the segment and revenue-disaggregation notes of Sibanye Stillwater's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.