Santos has been growing earnings at an average annual rate of 14.3%, while the Oil and Gas industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 3.8% per year. Santos's return on equity is 5.2%, and it has net margins of 16.6%.
Key information
14.26%
Earnings growth rate
10.93%
EPS growth rate
Oil and Gas Industry Growth
37.29%
Revenue growth rate
3.78%
Return on equity
5.22%
Net Margin
16.56%
Last Earnings Update
31 Dec 2025
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Santos makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
DB:STS Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Dec 25
4,939
818
199
10
30 Sep 25
5,094
923
201
8
30 Jun 25
5,249
1,027
210
0
31 Mar 25
5,315
1,126
217
0
31 Dec 24
5,381
1,224
215
6
30 Sep 24
5,507
1,243
220
3
30 Jun 24
5,633
1,262
225
0
31 Mar 24
5,761
1,339
233
0
31 Dec 23
5,889
1,416
241
0
30 Sep 23
6,440
1,576
247
0
30 Jun 23
6,991
1,735
252
0
31 Mar 23
7,391
1,924
279
0
31 Dec 22
7,790
2,112
306
0
30 Sep 22
7,115
1,792
288
0
30 Jun 22
6,439
1,471
270
0
31 Mar 22
5,576
1,065
239
0
31 Dec 21
4,713
658
208
0
30 Sep 21
4,236
472
171
0
30 Jun 21
3,759
286
134
0
31 Mar 21
3,573
-35
143
0
31 Dec 20
3,387
-357
152
0
30 Sep 20
3,557
-180
158
0
30 Jun 20
3,727
-3
163
0
31 Mar 20
3,880
336
166
0
31 Dec 19
4,033
674
169
0
30 Sep 19
3,994
794
167
0
30 Jun 19
3,954
914
164
0
31 Mar 19
3,807
772
179
0
31 Dec 18
3,660
630
194
0
30 Sep 18
3,496
440
187
0
30 Jun 18
3,331
250
180
0
31 Mar 18
3,216
-55
187
0
31 Dec 17
3,100
-360
193
0
30 Sep 17
2,976
-404
217
0
30 Jun 17
2,852
-449
240
0
31 Mar 17
2,723
-748
243
0
31 Dec 16
2,594
-1,047
245
0
30 Sep 16
2,483
-2,067
239
0
30 Jun 16
2,372
-3,087
232
0
31 Mar 16
2,407
-2,520
284
0
31 Dec 15
2,442
-1,953
336
0
30 Sep 15
2,607
-1,363
350
0
Quality Earnings: STS has high quality earnings.
Growing Profit Margin: STS's current net profit margins (16.6%) are lower than last year (22.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: STS has become profitable over the past 5 years, growing earnings by 14.3% per year.
Accelerating Growth: STS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: STS had negative earnings growth (-33.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-0.6%).
Return on Equity
High ROE: STS's Return on Equity (5.2%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/14 18:53
End of Day Share Price
2026/07/14 00:00
Earnings
2025/12/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Santos Limited is covered by 19 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.