Sasol Limited (SSL) Key Metrics
SSL key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · South African randSSL returns How much profit the business earns on the capital it uses.
SSL financial health Debt, liquidity and how easily interest is covered.
SSL efficiency & capital use Working capital cycle and where the cash goes.
SSL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SSL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SSL cash returned to shareholders
SSL key metrics in South African rand
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 7.6% | 4.6% | −26.0% | 11.2% | 23.2% | 6.1% | −49.8% | 1.5% | 4.0% | 9.7% |
| Return on invested capital (ROIC) | 19.3% | 10.6% | 14.8% | 6.0% | 15.2% | 9.1% | 3.2% | 5.7% | 6.1% | 9.3% |
| Return on assets (ROA) | 3.3% | 1.9% | −11.1% | 5.0% | 10.0% | 2.2% | −19.5% | 0.7% | 2.1% | 5.2% |
| Return on tangible assets | 3.3% | 1.9% | −12.2% | 5.0% | 9.4% | 2.5% | −19.5% | 0.7% | 2.0% | 5.1% |
| Free cash flow margin | 4.4% | 5.2% | 2.7% | 6.4% | 6.3% | 8.8% | −2.8% | −6.8% | −10.9% | −13.4% |
| Income quality (OCF / net income) | 2.72 | 5.66 | — | 2.29 | 1.03 | 3.77 | — | 12.36 | 3.85 | 1.82 |
| Financial health | ||||||||||
| Total debt | R 110.20B | R 120.67B | R 135.16B | R 138.69B | R 119.36B | R 116.85B | R 205.56B | R 138.64B | R 111.49B | R 84.15B |
| Cash & short-term investments | R 49.12B | R 46.66B | R 47.56B | R 53.93B | R 43.14B | R 31.23B | R 34.74B | R 16.51B | R 17.21B | R 27.64B |
| Net debt | R 61.08B | R 74.01B | R 87.60B | R 84.76B | R 76.22B | R 85.62B | R 170.82B | R 122.13B | R 94.28B | R 56.51B |
| Debt / equity | 0.68 | 0.79 | 0.95 | 0.70 | 0.63 | 0.80 | 1.36 | 0.64 | 0.50 | 0.40 |
| Debt / assets | 0.31 | 0.34 | 0.37 | 0.32 | 0.28 | 0.32 | 0.43 | 0.30 | 0.25 | 0.21 |
| Net debt / EBITDA | 0.88 | 2.08 | 1.45 | 2.23 | 1.92 | 2.77 | 3.35 | 2.68 | 1.91 | 1.09 |
| Current ratio | 1.79 | 1.87 | 2.33 | 1.52 | 1.44 | 1.83 | 1.91 | 1.59 | 1.36 | 1.69 |
| Quick ratio | 1.17 | 1.27 | 1.58 | 1.04 | 0.99 | 1.31 | 1.61 | 0.99 | 0.87 | 1.20 |
| Interest coverage | 6.1 | 4.1 | 4.7 | 2.4 | 7.3 | 3.9 | 1.9 | 54.3 | 7.4 | 10.1 |
| Working capital | R 63.80B | R 60.72B | R 72.23B | R 45.77B | R 40.48B | R 47.60B | R 84.85B | R 28.92B | R 21.30B | R 35.78B |
| Invested capital | R 222.83B | R 226.43B | R 230.60B | R 281.67B | R 264.84B | R 232.11B | R 321.79B | R 339.35B | R 317.26B | R 268.22B |
| Tangible asset value | R 166.20B | R 155.13B | R 144.97B | R 198.33B | R 190.15B | R 149.99B | R 153.12B | R 219.75B | R 225.92B | R 214.87B |
| Net current asset value | −R 47.42B | −R 71.79B | −R 90.83B | −R 97.78B | −R 94.09B | −R 103.11B | −R 140.65B | −R 165.11B | −R 129.37B | −R 93.75B |
| Capital allocation | ||||||||||
| Dividends paid | — | R 1.5M | R 7.63B | R 13.75B | R 49.0M | R 46.0M | R 31.0M | R 9.95B | R 7.95B | R 9.62B |
| Share buybacks (net) | — | — | — | — | — | — | — | R 0 | R 0 | R 0 |
| Dividend payout ratio | — | 0.0% | — | 63.9% | 0.1% | 0.5% | — | 293.7% | 91.1% | 47.2% |
| Dividends + buybacks / free cash flow | — | 0.0% | 104.4% | 74.5% | 0.3% | 0.3% | — | — | — | — |
| Capex / revenue | 7.7% | 10.2% | 11.0% | 10.6% | 8.5% | 8.1% | 18.5% | 27.4% | 29.4% | 35.0% |
| Capex / operating cash flow | 63.6% | 66.3% | 80.7% | 62.5% | 57.4% | 48.0% | 118.1% | 133.1% | 158.9% | 162.5% |
| Capex / depreciation | 1.54 | 1.81 | 1.93 | 1.77 | 1.64 | 0.93 | 1.57 | 3.13 | 3.25 | 3.72 |
| Stock-based compensation / revenue | 0.3% | 0.4% | 0.4% | 0.4% | 0.4% | 1.0% | 1.0% | 0.8% | 2.4% | 0.1% |
| R&D / revenue | 0.2% | — | — | — | — | — | — | — | — | — |
| SG&A / revenue | 17.9% | 17.3% | 16.7% | 11.6% | 15.8% | 20.2% | 23.8% | 22.3% | 20.6% | 17.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 59.9 | 50.6 | 39.6 | 35.1 | 27.7 | 42.0 | 50.3 | 40.5 | 42.6 | 45.2 |
| Days of inventory on hand | 90.8 | 105.2 | 98.7 | 90.1 | 94.2 | 107.7 | 104.2 | 106.8 | 116.5 | 112.0 |
| Days payables outstanding | 56.2 | 67.9 | 61.0 | 47.0 | 40.8 | 50.7 | 49.1 | 46.1 | 50.8 | 55.0 |
| Cash conversion cycle (days) | 94.5 | 87.9 | 77.3 | 78.2 | 81.0 | 99.1 | 105.5 | 101.2 | 108.3 | 102.3 |
| Receivables turnover | 6.10 | 7.21 | 9.21 | 10.39 | 13.19 | 8.69 | 7.25 | 9.02 | 8.57 | 8.08 |
| Payables turnover | 6.50 | 5.38 | 5.98 | 7.76 | 8.94 | 7.20 | 7.44 | 7.92 | 7.18 | 6.64 |
| Inventory turnover | 4.02 | 3.47 | 3.70 | 4.05 | 3.88 | 3.39 | 3.50 | 3.42 | 3.13 | 3.26 |
| Asset turnover | 0.74 | 0.69 | 0.69 | 0.68 | 0.70 | 0.48 | 0.40 | 0.45 | 0.43 | 0.44 |
| Average receivables | R 43.71B | R 34.54B | R 29.88B | R 27.88B | R 20.67B | R 23.24B | R 26.25B | R 22.58B | R 21.18B | R 21.34B |
| Average payables | R 28.37B | R 26.62B | R 25.64B | R 21.75B | R 15.37B | R 13.54B | R 13.52B | R 12.73B | R 11.94B | R 12.06B |
| Average inventory | R 45.86B | R 41.26B | R 41.46B | R 41.66B | R 35.43B | R 28.77B | R 28.72B | R 29.50B | R 27.37B | R 24.59B |
| Intangibles / total assets | 0.7% | 0.7% | 0.7% | 0.7% | 0.7% | 0.7% | 0.6% | 0.7% | 0.6% | 0.6% |
Computed from SSL's annual financial statements (latest annual report filed September 1, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in South African rand; data from EODHD. Averages use the opening and closing balance of each year.
SSL valuation and financial ratios
Sasol earned a return on equity of 7.6% and a return on invested capital of 19.3% in fiscal 2026. It ended the year with R 110.2 billion of debt and R 49.1 billion in cash and short-term investments, net debt of R 61.1 billion.
See the SSL income statement, the SSL chart for price history, or the SSL stock overview for the latest quote and news.
SSL key metrics FAQ
What is Sasol's return on equity?
Sasol's return on equity (ROE) was 7.6% in fiscal 2026: net income of R 11.9 billion on average shareholders' equity of R 157.1 billion.
What is Sasol's ROIC?
Sasol's return on invested capital was 19.3% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Sasol have?
Sasol had total debt of R 110.2 billion at the end of fiscal 2026, a debt-to-equity ratio of 0.68 and R 61.1 billion of net debt (0.88 times EBITDA).
What is Sasol's current ratio?
Sasol's current ratio was 1.79 at the end of fiscal 2026: current assets were 1.79 times current liabilities.