Santos Limited

SSLZYOTCEnergy● Active

$5.53

+$0.04(+0.73%)

Market Cap$18.0B

P/E Ratio—

52W High$5.92

52W Low$3.91

Avg Volume101K

Open$5.54

Beta-0.12

Free Cash Flow Financials Revenue

Santos Limited (SSLZY) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

SSLZY · free cash flow · updated Jun 9, 2026

Core FCF metrics

SSLZY · FCF · TTM · margin & CAGR

Free cash flow was $621.7M for FY2025 (fiscal year ending 2025-12-31), up 38.5% year-over-year The FCF margin was 12.2%. Five-year CAGR stands at -13.6%.

FY2025 Free Cash Flow$621.7M▲ +38.5% YoY

Trailing 12M (TTM)$1.16Btrailing 4 quarters sum

FCF Margin12.2%$621.7M ÷ revenue

3-Year CAGR-33.9%FY2022 → FY2025

5-Year CAGR-13.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

SSLZY · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.56B(1.94B)$621.7M▲ +38.5%12.2%

FY2024$2.85B(2.40B)$449.0M▼ 49.5%8.3%

FY2023$3.26B(2.37B)$889.0M▼ 58.7%15.1%

FY2022$4.56B(1.71B)$2.15B▲ +100.6%27.6%

FY2021$2.27B(1.07B)$1.07B▼ 16.8%22.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

SSLZY · P/FCF · FCF yield · FCF per share

Santos Limited (SSLZY) trades at a FCF yield of 3.91% and a price-to-free-cash-flow ratio of 15.4x. FCF per share stands at $0.36, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.91%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.36

TTM FCF ÷ Shares Outstanding

Price / FCF

x15.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x35.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

SSLZY · cash flow statement · operating / investing / financing

For FY2025, Santos Limited generated $2.56B in operating cash flow and spent 1.94B in capital expenditures, yielding $621.7M in free cash flow.

Operating Activities

+$2.56B

Cash from core business operations

2025-12-31

Investing Activities

−$1.92B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$791.8M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.56B) − |CapEx| (1.94B) = FCF ($621.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

SSLZY vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Santos LimitedYOU

SSLZY

$621.7M+38.5%12.2%

Exxon Mobil Corporation

Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Santos Limited (SSLZY) reported free cash flow of $621.7M for FY2025 (fiscal year ending 2025-12-31), up 38.5% year-over-year. The FCF margin was 12.2%.

Based on available data, Santos Limited has maintained positive free cash flow for at least 10 fiscal year(s). FCF peaked at $2.16B in FY2018. The 5-year CAGR stands at -13.6%.

Santos Limited's FCF yield is 3.91% and price-to-FCF ratio is 15.4x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

SSLZY free cash flow · 8 questions

Santos Limited free cash flow was $621.7M for FY2025, up 38.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.16B.

SSLZY free cash flowSSLZY FCFSSLZY FCF 2025SSLZY free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Santos Limited · Santos Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026