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Pretax income is the income that a company earns before paying income taxes. South32's pretax income for the
six
months ended in Dec. 2025 was $540 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was $605 Mil.
South32's pretax margin was 19.22%.
During the past 13 years, South32's highest Pretax Margin was 39.84%. The lowest was -26.58%. And the median was 8.79%.
During the past 13 years, South32's highest Pretax Margin was 39.84%. The lowest was -26.58%. And the median was 8.79%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
South32 Pre-Tax Income Related Terms
South32 Pre-Tax Income Historical Data
* Premium members only.
The historical data trend for South32's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Other Industrial Metals & Mining subindustry, South32's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
South32 Pre-Tax Income vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, South32's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where South32's Pre-Tax Income falls into.
Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $605 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
South32 (SHTLF) has a Pre-Tax Income of $605 Mil as of Dec. 2025. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on South32 and its competitors.
Is South32's Pre-Tax Income too high?
South32's current Pre-Tax Income is $605 Mil. Overall, South32 has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does South32's Pre-Tax Income compare to competitors?
South32's Pre-Tax Income of $605 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Metals & Mining company?
A good Pre-Tax Income depends on the Metals & Mining industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on South32 and its competitors. South32's current Pre-Tax Income is $605 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South32 stock overvalued right now?
Based on GuruFocus' analysis, South32 (SHTLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.51, compared to a current price of $3.40 — trading 35.5% above its estimated fair value. The current Pre-Tax Income is $605 Mil. South32's overall GF Score™ is 69/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For South32 (SHTLF), the current Pre-Tax Income is $605 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is South32 (SHTLF) Overvalued in 2026?
Based on GuruFocus' analysis, South32 stock appears to be overvalued.
The current stock price of $3.40 is trading 35.5% above its estimated GF Value™ of $2.51.
GuruFocus considers South32 to be Significantly Overvalued.
Key valuation signals for SHTLF:
Pre-Tax Income: $605 Mil
GF Value™: $2.51 vs. price of $3.40 (35.5% above fair value)
No single metric tells the full story. See the SHTLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
South32 was born of the demerger of noncore assets from BHP in 2015. Its major operations include alumina businesses in Australia and Brazil, aluminum in Brazil, South Africa, and Mozambique, and manganese businesses in Australia and South Africa. It sold New South Wales metallurgical coal in August 2024 and the Cerro Matoso nickel mine in Colombia in December 2025. It also owns the Cannington silver/lead/zinc mine in Queensland. Its Australian manganese operations deliver high returns, but have a relatively short reserve life. The company acquired Arizona Mining, which brings with it the high-grade and likely low-cost Taylor project in the US, and also entered the copper business in 2022 via the purchase of a 45% stake in the Sierra Gorda mine in Chile.
69GF Score
Get the complete analysis for SHTLF
Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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