Pilbara Minerals Ltd
Research Pilbara Minerals Ltd (PLS) on Bullrun: market cap AUD 11.94B, P/E 23.1. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerPLS
- ExchangeAU
- CountryAustralia
- SectorBasic Materials
- IndustryOther Industrial Metals & Mining
- CurrencyAUD
- Market capAUD 11.94B
- P/E23.1
- Financial periodFY2025
- RevenueAUD 890.21M
- Revenue growth-50.4%
- Net income-AUD 195.77M
- Free cash flow-AUD 508.13M
- Gross margin37.2%
Valuation Snapshot
latest market cap is AUD 11.94B; P/E is 23.1.
Peer valuation comparison
Latest P/E is 23.13x versus a Basic Materials sector median of 16.71x (38.4% above).
Latest P/E is 23.13x versus a Australia median of 15.64x (47.8% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | AUD 890.21M | -AUD 195.77M | -AUD 508.13M | 37.2% | -0.06 | AUD 974.54M | AUD 682.21M | AUD 3.53B |
| FY2024 | AUD 1.79B | AUD 256.88M | -AUD 1.25B | 67.7% | 0.08 | AUD 1.63B | AUD 555.74M | AUD 3.24B |
| FY2023 | AUD 4.32B | AUD 2.39B | AUD 3.07B | 84.4% | 0.79 | AUD 3.34B | AUD 471.95M | AUD 3.39B |
| FY2022 | AUD 1.16B | AUD 561.83M | AUD 519.28M | 71.0% | 0.18 | AUD 591.74M | AUD 291.96M | AUD 1.29B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-03 | AUD 11.94B | 23.1 | 1.4% | 0.05 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.05 AUD.
| Year | Dividends/share |
|---|---|
| FY2023 | 0.25 AUD |
About Pilbara Minerals Ltd
PLS Group Limited engages in the exploration, development, and operation of mineral resources in Australia. The company primarily explores for lithium. Its flagship projects is the 100% owned Pilgangoora project located in the Pilbara region of Western Australia. The company was formerly known as Pilbara Minerals Limited and changed its name to PLS Group Limited in November 2025. The company was incorporated in 2005 and is based in West Perth, Australia.
ETFs that hold Pilbara Minerals Ltd
Pilbara Minerals Ltd is one of the ten largest holdings of one ETF that investors in Europe can buy:
| ETF | Weight | TER |
|---|---|---|
| Sprott Energy Transition Materials UCITS ETF USD Acc | 3.95% | 0.75% |
Related stock research
Other Basic Materials stocks
Frequently asked questions
What is Pilbara Minerals Ltd's market cap?
Pilbara Minerals Ltd's market capitalization is AUD 11.94B.
What is Pilbara Minerals Ltd's P/E ratio?
Pilbara Minerals Ltd's price-to-earnings (P/E) ratio is 23.1.
What does Pilbara Minerals Ltd do?
PLS Group Limited engages in the exploration, development, and operation of mineral resources in Australia. The company primarily explores for lithium. Its flagship projects is the 100% owned Pilgangoora project located in the Pilbara region of Western Australia. The company was formerly known as Pilbara Minerals Limited and changed its name to PLS Group Limited in November 2025. The company was incorporated in 2005 and is based in West Perth, Australia.