SBSW (SBSW) revenue breakdown

· Market cap $7.2B

By product, Gold is the largest at 37% of fiscal 2025 revenue; Rhodium grew fastest, 35% a year over 7 years.

By region, Southern Africa (SA) is the largest at 76% of fiscal 2025 revenue, growing 13% a year over 8 years.

Revenue by product

Fiscal years, as SBSW reports them in its 10-K filings; fiscal 2025 total $129.7B.

Products20182019202020212022202320242025Share
Gold$21.4B$18.9B$28.9B$29.5B$18.8B$30.3B$37.1B$47.7B 37%
Platinum$9.2B$13.0B$17.1B$21.2B$17.8B$19.8B$20.6B$25.8B 20%
Palladium$15.3B$28.0B$47.3B$52.9B$42.3B$25.3B$19.9B$19.1B 15%
Rhodium$2.2B$9.3B$29.9B$59.8B$47.2B$22.0B$14.7B$18.0B 14%
Chrome$1.1B$1.7B$1.6B$2.3B$3.5B$5.2B$6.1B$4.8B 4%
Zinc—————$2.1B$3.8B$4.3B 3%
Iridium————$2.5B$2.9B$2.8B$3.8B 3%
Ruthenium$351M$473M$558M$1.3B$1.3B$1.2B$1.5B$2.2B 2%
Silver————$20M$152M$1.0B$2.1B 2%
Nickel——$910M$1.4B$4.3B$4.3B$3.6B$1.3B 1%
Other$548M$789M$406M$1.0B$600M$560M$976M$413M 0%
Iridium$443M$650M$815M$2.7B———— —

Revenue by region

Fiscal years, as SBSW reports them in its 10-K filings; fiscal 2025 total $129.7B.

Regions201720182019202020212022202320242025Share
Southern Africa (SA)$36.8B$34.8B$46.2B$82.8B$113.5B$89.5B$84.7B$82.4B$97.9B 76%
United States————————$26.5B 20%
Australia——————$2.3B$4.0B$4.7B 4%
Europe (EU)—————$3.1B$3.0B$2.8B$518M 0%
US Region/ Stillwater——————$23.8B$23.1B— —
United States——$26.7B$44.6B$58.7B$45.6B——— —
US Region/ Stillwater—$15.9B——————— —
US Region/ Stillwater$9.2B———————— —
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Questions

Where does SBSW make its money?

In fiscal 2025, by product: Gold $47.7B, Platinum $25.8B, Palladium $19.1B, Rhodium $18.0B, Chrome $4.8B.

From SBSW's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.