SSLNYSECrude Petroleum & Natural GasFiscal year ends June 30Also trades as SASOF
SASOL LTD
Financials through fiscal 2026, year ended Jun 30, 2026Last filing: 20-F on Sep 1, 2026
$15.69−0.65 (-3.98%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2016 to 2026
Operating margin
9.4%+1.2 pts over 5 years
Net margin
4.5%−0.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.2% | -2.1% | +6.1% | +4.6% | |
| Operating income | +36.5% | +6.1% | +9.1% | +0.6% | |
| Net income | +79.5% | +11.4% | +6.1% | -0.8% | |
| EPS, diluted | +77.7% | +12.9% | +5.4% | -1.4% | |
| Free cash flow | -9.5% | +35.7% | -8.3% | -8.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | 6.1% | 7.7% | |
| Return on assets | – | 2.2% | 3.4% | |
| Current ratio | 1.69 | – | – | |
| Debt to equity | 0.40 | – | – | |
| Net debt to EBITDA | 1.14× | – | – | |
| Interest coverage | 9.7× | 2.5× | 2.7× | |
| Capex to revenue | 0.2% | 7.9% | 7.6% | |
| Diluted shares | 612M | 628M | 649M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Sasol generated 176.21B ZAR from operations and spent 153.18B ZAR on capital expenditure, dividends and share buybacks. 85% of that went back into the business.
Generated
176.21B ZAR
Used
153.18B ZAR
Capital expenditure129.49B ZAR85%Dividends23.69B ZAR15%Share buybacks0 ZAR0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin4.5%
×Asset turnover0.75×
×Equity multiplier2.29×
=Return on equity, FY20267.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 4.5% | 0.75× | 2.29× | 7.7% |
| FY2025 | 2.7% | 0.69× | 2.45× | 4.6% |
| FY2024 | -16.1% | 0.69× | 2.35× | -26.0% |
| FY2023 | 3.0% | 0.68× | 2.21× | 4.6% |
| FY2022 | 14.3% | 0.70× | 2.33× | 23.2% |
| FY2021 | 4.5% | 0.48× | 2.81× | 6.1% |
| FY2020 | -48.2% | 0.40× | 2.56× | -49.8% |
| FY2019 | 1.7% | 0.45× | 2.06× | 1.5% |
| FY2018 | 4.8% | 0.43× | 1.93× | 4.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
5of 6 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero12.15B ZAR
- Cash generatingOperating cash flow above zero32.48B ZAR
- Return on assets improvedROA up on the prior year1.9% → 3.4%
- Earnings backed by cashOperating cash flow above net income32.48B ZAR vs 12.15B ZAR
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise642M → 649M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.68 → 0.76