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Bluescope Steel
(Sydney:BSL)
Bluescope Steel (BSL) vs. iShares MSCI Australia ETF (EWA)
Bluescope Steel Business Overview & Revenue Model
Bluescope Steel Earnings Call Summary
Bluescope Steel Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.29B | 16.25B | 17.06B | 18.17B | 18.99B | 12.87B |
| Gross Profit | 8.85B | 6.01B | 6.68B | 2.64B | 4.71B | 2.38B |
| EBITDA | 1.01B | 994.50M | 1.99B | 2.18B | 4.38B | 2.22B |
| Net Income | 83.80M | 83.80M | 805.70M | 1.01B | 2.81B | 1.19B |
Balance Sheet | ||||||
| Total Assets | 15.78B | 15.78B | 15.68B | 15.94B | 16.61B | 13.15B |
| Cash, Cash Equivalents and Short-Term Investments | 857.60M | 857.60M | 1.09B | 1.49B | 1.68B | 1.96B |
| Total Debt | 886.00M | 886.00M | 721.50M | 786.50M | 1.32B | 1.16B |
| Total Liabilities | 4.51B | 4.51B | 4.39B | 4.90B | 6.16B | 4.99B |
| Stockholders Equity | 10.67B | 10.67B | 10.72B | 10.47B | 9.78B | 7.63B |
Cash Flow | ||||||
| Free Cash Flow | 196.60M | 179.50M | 433.70M | 1.34B | 1.71B | 897.80M |
| Operating Cash Flow | 1.41B | 1.41B | 1.41B | 2.15B | 2.47B | 1.66B |
| Investing Cash Flow | -1.24B | -1.23B | -967.00M | -979.10M | -1.76B | -757.40M |
| Financing Cash Flow | -412.10M | -423.70M | -849.20M | -1.36B | -1.05B | -295.90M |
Bluescope Steel Technical Analysis
Bluescope Steel Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | AU$232.52M | 11.83 | 25.46% | 7.52% | -0.03% | 23.78% | |
71 Outperform | AU$3.22B | 23.46 | 8.25% | 3.74% | 0.40% | -53.09% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | AU$1.08B | 68.40 | 9.13% | 0.82% | -12.17% | -61.32% | |
58 Neutral | AU$3.46B | -204.79 | 0.14% | 1.28% | 3.98% | 70.79% | |
54 Neutral | AU$10.63B | 127.08 | 0.73% | 2.52% | -4.46% | -89.42% | |
52 Neutral | AU$507.58M | -6.20 | -16.34% | ― | -48.05% | -1394.34% |
Bluescope Steel Corporate Events
Bluescope Steel Limited has announced an update on its ongoing share buy-back program, reporting the acquisition of 50,323 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 65,460,609. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a strong financial position and confidence in its future prospects.
Bluescope Steel Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 65,418,759 securities bought back prior to the previous day and an additional 41,850 securities acquired on the previous day. This buy-back initiative reflects the company’s strategic focus on optimizing its capital structure and enhancing shareholder value.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in BlueScope Steel Limited as of November 28, 2025. The change in their substantial holding status is due to various transactions involving the purchase and sale of securities by entities controlled by First Sentier Group Limited and Morgan Stanley, affecting the voting securities and shares held by Mitsubishi UFJ Financial Group.
Citigroup Global Markets Australia Pty Limited and its related entities have ceased to be substantial holders of Bluescope Steel Ltd as of November 26, 2025. This change reflects a significant reduction in their relevant interest in Bluescope’s ordinary fully paid shares, which could impact the company’s shareholder composition and influence in the market.
BlueScope Steel Limited recently held a site visit in New Zealand, showcasing its COLORSTEEL® product featured in a property development. This event underscores BlueScope’s commitment to sustainability and innovation in the steel industry, potentially enhancing its market position and stakeholder confidence.
Bluescope Steel Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 65,375,492 securities bought back before the previous day and an additional 1,267 securities bought back on the previous day. This buy-back initiative is part of Bluescope’s strategy to optimize its capital structure and enhance shareholder value, reflecting the company’s robust financial position and commitment to returning capital to shareholders.
Bluescope Steel Limited has announced an update on its ongoing share buy-back program, with a total of 65,345,492 securities bought back prior to the previous day and an additional 30,000 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach in managing its financial resources.
BlueScope Steel Limited has announced an update regarding its ongoing on-market buy-back program. As of November 24, 2025, the company has repurchased a total of 65,345,492 ordinary fully paid securities, including 60,000 securities bought back on the previous day. This buy-back initiative is part of BlueScope’s strategy to manage its capital structure and enhance shareholder value.
Bluescope Steel Limited has announced a daily update on its ongoing on-market buy-back program, revealing that a total of 65,240,492 securities have been bought back before the previous day, with an additional 45,000 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
Bluescope Steel has announced significant changes in its operational strategy, focusing on enhancing its production capabilities and market presence. The company aims to strengthen its industry positioning through strategic investments and partnerships, which are expected to have a positive impact on its stakeholders and future growth prospects.
BlueScope Steel Limited announced that Ewen Crouch has ceased to be a director as of November 18, 2025. The announcement details Crouch’s relevant interests in securities, including holdings through trusts, which include 13,215 ordinary shares held by Pacific Custodian Pty Ltd as trustee of the BlueScope Steel Employee Share Plan Trust and 32,500 ordinary shares held by Wersley Pty Limited as trustee for Crouch Investment Trust. This change in directorship may impact the company’s governance and strategic direction.
Bluescope Steel Limited has announced an update regarding its ongoing on-market buy-back program. As of November 20, 2025, the company has repurchased a total of 65,196,391 ordinary fully paid securities, with 44,101 bought back on the previous day. This buy-back initiative is part of Bluescope’s strategy to manage its capital structure and potentially enhance shareholder value.
BlueScope Steel Limited announced that all resolutions at its 2025 Annual General Meeting were successfully passed by shareholders. This includes the re-election and election of several directors and the adoption of the remuneration report. The approval of these resolutions reflects shareholder confidence in the company’s leadership and strategic direction, potentially strengthening BlueScope’s position in the steel industry and positively impacting its stakeholders.
BlueScope Steel’s recent Annual General Meeting highlighted the company’s remuneration framework, which is designed to attract and retain talent while aligning with strategic priorities. The Board exercised discretion in adjusting the CEO’s short-term incentive due to performance and impairment impacts, while long-term incentives showed strong results with a high return on invested capital. The company plans no changes to the remuneration framework for FY26, emphasizing its alignment with market expectations and shareholder interests.
BlueScope Steel’s 2025 Annual General Meeting highlighted the company’s commitment to safety and sustainability, despite facing challenges such as cyclical soft conditions and cost escalations. The company reported an underlying EBIT of $738 million and shareholder returns of $293 million, supported by cost savings and a robust balance sheet. Key developments include the sale of its stake in the Tata BlueScope joint venture, progress in sustainability projects, and leadership changes with Tania Archibald stepping in as CEO. The company remains focused on growth and addressing energy cost challenges in Australia.
At its 2025 Annual General Meeting, BlueScope Steel reported a resilient performance despite global economic challenges, with an underlying EBIT of $738 million and a 60 cents per share dividend. The company is focusing on a strategy of transformation, growth, and delivery, with a $2.3 billion investment pipeline and initiatives aimed at cost improvements and growth. BlueScope is also committed to its 2030 emissions reduction targets and 2050 net zero goal, exploring innovative technologies for decarbonization. The company is undergoing leadership changes, with Tania Archibald set to succeed Mark Vassella as CEO, ensuring a seamless transition and continued focus on safety, sustainability, and operational excellence.
BlueScope Steel has announced the sale of its 50% stake in the Tata BlueScope Steel joint venture to Tata Steel. This transaction, expected to yield net proceeds of $179 million and a net profit of $70 million after taxes, allows BlueScope to focus on growth investments and initiatives within its strategic portfolio, while recognizing the value created over two decades of partnership.
BlueScope Steel has announced the appointment of Tania Archibald as the new Managing Director and Chief Executive Officer, succeeding Mark Vassella who will retire after eight years of leadership. Archibald, currently leading BlueScope’s Australian Steel Products business, brings a wealth of experience from her 30-year career at the company, including roles in finance, strategy, and business development. Her appointment is expected to drive the next phase of BlueScope’s strategy, focusing on sustainability, financial resilience, and operational excellence. The transition comes after a comprehensive global search and is seen as a positive step for the company’s future, with stakeholders expressing confidence in Archibald’s leadership capabilities.
BlueScope Steel Limited has announced the appointment of Cheri Marie Phyfer as a new director, effective October 1, 2025. This appointment is part of the company’s strategic efforts to strengthen its leadership team, potentially impacting its operational strategies and enhancing its industry positioning.
BlueScope Steel Limited has announced that its 2025 Annual General Meeting (AGM) will be held as a hybrid event on November 18, 2025. The company has provided shareholders with various documents related to the AGM, including a notice of the meeting, a sample proxy form, and a virtual meeting guide. These documents will be dispatched to shareholders on October 14, 2025, and are available on the company’s website. This announcement reflects BlueScope’s commitment to engaging with its shareholders and ensuring transparency in its operations.
BlueScope Steel has announced changes to its Board of Directors, with Peter Alexander retiring and John Nowlan standing for election as a non-independent non-executive director. Nowlan, who recently retired from a nearly 50-year career at BlueScope, is expected to bring valuable industry and operational experience to the Board, supporting the company’s growth and strategic execution while maintaining a majority of independent directors.
BlueScope Steel Limited has released its FY2025 Sustainability Report and Sustainability Data Supplement, highlighting the company’s ongoing commitment to sustainable practices. This release underscores BlueScope’s strategic focus on sustainability, which is expected to enhance its industry positioning and provide valuable insights for stakeholders regarding the company’s environmental and operational initiatives.
BlueScope Steel Limited announced the cessation of 129,243 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic decisions in managing its securities.
BlueScope Steel Limited announced a change in the director’s interest, specifically concerning Mark Vassella. The change involved the acquisition of 143,415 ordinary shares by Mr. Vassella’s family trust, Allessav Nominees Pty Ltd, increasing their total indirect holdings. This acquisition reflects the vesting of rights and suggests a strategic alignment with the company’s performance goals, potentially impacting the company’s governance and stakeholder confidence.