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Washington H. Soul Pattinson and Co.
(Sydney:SOL)
Washington H. Soul Pattinson and Co. (SOL) vs. iShares MSCI Australia ETF (EWA)
Washington H. Soul Pattinson and Co. Business Overview & Revenue Model
Washington H. Soul Pattinson and Co. Financial Statement Overview
| Breakdown | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.15B | 362.90M | 2.56B | 1.42B | 1.32B |
| Gross Profit | 186.50M | 126.87M | 1.53B | 535.38M | 294.76M |
| EBITDA | 568.40M | 237.82M | 1.45B | 471.69M | -127.01M |
| Net Income | 498.80M | 690.72M | -12.94M | 273.20M | 952.97M |
Balance Sheet | |||||
| Total Assets | 10.40B | 9.80B | 9.71B | 7.64B | 7.34B |
| Cash, Cash Equivalents and Short-Term Investments | 743.50M | 1.33B | 1.08B | 1.01B | 612.18M |
| Total Debt | 765.90M | 436.94M | 547.90M | 1.17B | 945.00M |
| Total Liabilities | 1.40B | 1.06B | 1.25B | 2.48B | 2.22B |
| Stockholders Equity | 8.99B | 8.72B | 8.45B | 4.09B | 4.24B |
Cash Flow | |||||
| Free Cash Flow | 255.70M | 596.24M | 1.01B | 333.16M | 118.70M |
| Operating Cash Flow | 429.30M | 773.54M | 1.19B | 514.72M | 341.77M |
| Investing Cash Flow | -301.80M | -454.80M | -485.72M | -413.71M | -302.94M |
| Financing Cash Flow | -178.20M | -513.51M | -814.52M | 162.93M | 178.36M |
Washington H. Soul Pattinson and Co. Technical Analysis
Washington H. Soul Pattinson and Co. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $17.84B | 12.03 | 10.32% | 3.73% | 9.70% | 0.76% | |
66 Neutral | $15.50B | 27.48 | 5.85% | 2.44% | 36.14% | -3.50% | |
| ― | $2.41B | 6.83 | 22.35% | 8.48% | ― | ― | |
| ― | $3.62B | 8.19 | 11.40% | 2.93% | ― | ― | |
| ― | $4.69B | 7.51 | 11.04% | 8.91% | ― | ― | |
60 Neutral | AU$695.73M | ― | -28.58% | 4.13% | -23.26% | -1008.87% | |
58 Neutral | AU$1.77B | 479.07 | 0.15% | 8.96% | -18.98% | -99.05% |
Washington H. Soul Pattinson and Co. Corporate Events
Soul Patts has announced a general meeting for shareholders to vote on an ordinary resolution concerning the long-term incentive for the proposed Managing Director and CEO of Topco for FY26. This meeting will occur alongside the SOL Share Scheme Meeting on 10 September 2025, emphasizing the company’s commitment to strategic leadership and governance. The outcomes of these meetings could significantly influence the company’s future direction and stakeholder interests.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited (Soul Patts) announced that it has ceased to be a substantial holder in Metallium Ltd (MTM) as of July 31, 2025. This change is due to Soul Patts holding more than 20% voting power in Pengana Capital Group Limited, which impacts its substantial holding status in MTM. The announcement reflects a strategic adjustment in Soul Patts’ investment portfolio, potentially affecting its influence in the associated companies and indicating a shift in its market positioning.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Brickworks Limited, in collaboration with Washington H. Soul Pattinson and Company Limited, is set to form a new ASX-listed entity, First Services Company Ltd, through a combination of inter-conditional schemes of arrangement. The Supreme Court of New South Wales has approved the convening of a shareholder meeting to vote on the proposed scheme, with a Combination Booklet detailing the scheme and an Independent Expert’s Report indicating the scheme is fair and reasonable. Shareholders are encouraged to review the materials and vote, with the scheme’s implementation contingent on receiving requisite approvals.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited announced that the Supreme Court of New South Wales has approved the convening of a shareholder meeting to vote on the proposed merger with Brickworks. This merger, if approved, will result in SOL Shareholders receiving one Topco Share for every SOL Share they hold. The company’s board unanimously recommends the merger, highlighting its potential benefits, and the meeting is scheduled for 10 September 2025. The release of the Combination Booklet, which includes the Independent Expert’s Report, is a crucial step in informing shareholders before the vote. This merger is expected to impact the company’s operations and industry positioning by potentially enhancing its market presence and investment portfolio.
The most recent analyst rating on (AU:SOL) stock is a Buy with a A$36.20 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson & Company Limited announced a dividend distribution of AUD 0.59 per ordinary fully paid share, covering the six-month period ending July 31, 2025. This announcement reflects the company’s commitment to providing consistent returns to its shareholders and may enhance its attractiveness in the investment community.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited (Soul Patts) announced its unaudited financial performance for the year ending 31 July 2025, reporting an expected Net Asset Value of $12.18 billion to $12.68 billion and Net Cash Flow From Investments between $485 million and $535 million. The company declared a fully franked final dividend of 59 cents per share, marking its 27th consecutive year of dividend increases. Despite market volatility, Soul Patts achieved a total shareholder return of 17.5%, outperforming the All Ords Accumulation Index by 5.7%. This performance underscores the strength of its diversified portfolio and strategic focus on private credit and equity, which are expected to support future growth and investment opportunities.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited, a substantial holder in Perpetual Limited, has increased its voting power from 5.36% to 6.49% by acquiring additional ordinary shares. This change, combined with an existing economic interest through cash-settled equity swaps, brings Soul Patts’ aggregate economic interest in Perpetual to 9.59%. This move could potentially strengthen Soul Patts’ influence within Perpetual Limited, impacting its strategic decisions and stakeholder engagements.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited (Soul Patts) has announced a change in its substantial holding in Pengana Capital Group Limited (PCG), increasing its voting power from 16.52% to 18.19%. This change signifies Soul Patts’ strategic interest in PCG, reflecting its ongoing investment approach and potentially impacting its influence within the company, which could have implications for stakeholders and the market.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited has announced the appointment of Mr. Vik Bansal as a non-executive director, effective August 15, 2025. Mr. Bansal brings over 30 years of experience in leading large-scale, publicly listed companies in the industrial sector, with expertise in operations, strategy, and business transformation. His appointment is expected to enhance the company’s strategic direction and growth, as highlighted by Chairman Rob Millner, who emphasized Mr. Bansal’s deep understanding of industrial markets and global leadership experience.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited and Brickworks Limited have announced that Topco, the new entity formed from their merger, is fully funded with commitments totaling approximately $1.4 billion. This funding will cover Brickworks’ outstanding debt, other liabilities, and transaction costs, marking a significant milestone in the merger process. The successful capitalization reflects strong investor support and positions the merged entity for strategic growth with a simplified balance sheet.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited (Soul Patts) has become a substantial holder in AMA Group Limited, acquiring a 4.48% voting power through 214,040,206 ordinary shares. Alongside Pengana Capital Group Limited, which holds a 0.71% voting power, the total voting power amounts to 5.19%. This acquisition marks a significant investment move by Soul Patts, potentially influencing AMA Group’s strategic direction and shareholder dynamics.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited announced that it has ceased to be a substantial holder in EQT Holdings Limited as of June 27, 2025. This change is due to the sale of shares by Pengana Capital Group Limited, in which Soul Patts holds more than 20% voting power, leading to a reduction in its indirect interest in EQT. Despite this change, Soul Patts’ direct interest in EQT remains unchanged. This development may impact Soul Patts’ strategic positioning and influence within EQT Holdings, potentially affecting stakeholders’ perceptions and future investment strategies.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited has announced the successful completion of a reverse bookbuilding process to repurchase approximately 97% of its $450 million Senior Unsecured Convertible Notes due 2030. The repurchase will occur in two tranches, with the first tranche settled on July 4, 2025, and the second tranche’s price determined by the closing price of Soul Patts’ ordinary shares post-shareholder approval. This move is expected to leave less than 15% of the notes outstanding, allowing Soul Patts to potentially redeem all remaining notes, thereby optimizing its capital structure and enhancing shareholder value.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited and Brickworks Limited have announced a strategic move involving a conditional forward share purchase transaction with UBS AG, referencing 14 million Topco shares, and a concurrent repurchase of up to 100% of outstanding $450 million Senior Unsecured Convertible Notes due 2030. This initiative is part of their proposed merger to create a newly capitalized ASX-listed company, aiming to strengthen their market position and enhance shareholder value through improved capital structure and potential growth opportunities.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson & Company Limited announced the cessation of 360 performance rights 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 but reflects the company’s adherence to performance-based incentives and shareholder interests.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited (Soul Patts) has announced that it ceased to be a substantial holder in AMA Group Limited as of June 19, 2025. This change in holding could impact Soul Patts’ influence over AMA Group’s voting decisions and may affect stakeholders’ perceptions of both companies’ strategic directions.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited (Soul Patts) has announced a change in its substantial holding interests, now holding more than 20% voting power in Pengana Capital Group Limited (PCG). This increase in voting power from 11.97% to 16.52% signifies a strategic move by Soul Patts to strengthen its influence in PCG, potentially impacting its operations and market positioning. This development may have implications for stakeholders, as it reflects Soul Patts’ ongoing strategy to enhance its investment portfolio and influence within the financial sector.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited has announced that it has ceased to be a substantial holder in Enlitic Inc. This change is due to a technical interest related to holding more than 20% voting power in Pengana Capital Group Limited, which has resulted in a change in Enlitic’s shares on issue. The announcement may impact the company’s operations and industry positioning, particularly in its investment strategies and stakeholder relations.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited (Soul Patts) has announced a change in its substantial holding in EQT Holdings Limited. The company’s voting power has decreased from 7.21% to 5.58%, primarily due to a reduction in shares held by Pengana Capital Group Limited, in which Soul Patts holds significant voting power. This change may impact Soul Patts’ influence over EQT Holdings and reflects a strategic adjustment in its investment portfolio.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Co. has reduced its voting power in Bailador Technology Investments Limited from 11.82% to 10.77%, reflecting a decrease in the number of ordinary shares held. This change in substantial holding could impact the company’s influence over Bailador Technology Investments, potentially affecting strategic decisions and stakeholder interests.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited has announced a change in the registry address for its Sydney office of Computershare Investor Services, effective from June 10, 2025. This change is part of the company’s operational updates and does not affect telephone numbers or postal addresses. The announcement reflects the company’s ongoing efforts to maintain efficient operations and could have implications for stakeholders involved in administrative and investor relations.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited has announced that it has ceased to be a substantial holder in Propel Funeral Partners Limited as of May 30, 2025. This change was due to the sale of shares by Pengana Capital Group Limited, in which Soul Patts holds more than 20% voting power, impacting the company’s relevant interests in Propel Funeral Partners.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited announced a binding Combination Deed for a merger with Brickworks Limited, aiming to form a newly capitalized ASX-listed company. This proposed merger, if implemented, would result in a change of control and delisting of ordinary shares, impacting holders of the company’s $450 million Senior Unsecured Convertible Notes. The merger is subject to court and shareholder approvals expected in the second half of 2025, which could significantly alter the company’s market positioning and stakeholder interests.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited (Soul Patts) announced a change in its substantial holding interests, specifically in Pengana Capital Group Limited (PCG) and Propel Funeral Partners Limited (PFP). The announcement highlights a technical interest due to Soul Patts holding more than 20% voting power in PCG. This change reflects a slight increase in voting power in PFP and a decrease in PCG, indicating strategic adjustments in their investment portfolio, which could impact their market positioning and stakeholder interests.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited has increased its voting power in Propel Funeral Partners Limited from 2.78% to 3.82%, reflecting a strategic move to strengthen its position in the company. This change signifies an increased influence in Propel Funeral Partners, potentially impacting the company’s future decisions and strategies, and indicating Soul Patts’ confidence in the funeral services sector.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited announced a change in the director’s interest, specifically for Bruce Ian MacDiarmid. The change involved the acquisition of 69 ordinary shares through the company’s Dividend Reinvestment Plan, increasing his total holdings to 5,914 shares. This update reflects the company’s ongoing commitment to shareholder engagement and the strategic use of dividend reinvestment to bolster director and shareholder alignment.
The most recent analyst rating on (AU:SOL) stock is a Buy with a A$36.20 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited announced a change in the director’s interest, with Robert Dobson Millner acquiring additional shares through the company’s Dividend Reinvestment Plan. This acquisition reflects a continued commitment to the company, potentially signaling confidence in its future performance. The transaction involved the acquisition of 5,395 ordinary shares, valued at $199,722.90, increasing Millner’s indirect holdings to 23,590,087 shares.
The most recent analyst rating on (AU:SOL) stock is a Buy with a A$36.20 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson & Company Limited has announced the quotation of 119,564 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code SOL, effective May 14, 2025. This move is part of a dividend or distribution plan, potentially enhancing the company’s liquidity and providing shareholders with additional value, reflecting its ongoing commitment to strategic growth and market presence.
The most recent analyst rating on (AU:SOL) stock is a Buy with a A$36.20 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson and Company Limited (Soul Patts) announced a change in their substantial holding interests in Pengana Capital Group Limited (PCG), with a current voting power of more than 20% in PCG. This change reflects Soul Patts’ strategic investment approach and could impact their influence within PCG, potentially affecting stakeholders and market dynamics.
The most recent analyst rating on (AU:SOL) stock is a Buy with a A$36.20 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
Washington H. Soul Pattinson & Company Limited announced an update regarding its dividend distribution for the period ending January 31, 2025. The update involves a change in the Dividend Reinvestment Plan (DRP) price, reflecting the company’s ongoing commitment to providing value to its shareholders. This announcement may impact investor decisions and reflects the company’s strategic financial management.
Washington H. Soul Pattinson and Company Limited has increased its voting power in AMA Group Limited from 5.27% to 6.02%, reflecting a strategic move to strengthen its influence within the company. Additionally, through its association with Pengana Capital Group Limited, Soul Patts has acquired a 0.42% voting power, bringing its total voting power in AMA Group to 6.44%. This change in substantial holding indicates a potential shift in the company’s investment strategy and could impact its market positioning and stakeholder relations.