JSE Limited (JSE:JSE)
South Africa · Delayed Price · Currency is ZAR · Price in ZAc 15,206
-230 (-1.49%)
Aug 11, 2026, 1:05 PM SAST
JSE Limited Financials Overview
Financials in millions ZAR. Fiscal year is January - December.
Millions ZAR. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 3,663 | 3,431 | 2,993 | 2,820 | 2,657 | 2,523 |
Revenue Growth | 6.76% | 14.64% | 6.12% | 6.12% | 5.33% | 3.04% |
Gross Profit Gross Profit Growth | 3,663 | 3,431 | 2,993 | 2,820 | 2,657 | 2,523 |
Operating Income Operating Income Growth | 1,273 | 1,109 | 866.97 | 818.01 | 792.4 | 783.82 |
Net Income Net Income Growth | 1,165 | 1,071 | 917.75 | 830.98 | 748.56 | 722.44 |
Earnings Per Share EPS Growth | 14.13 | 12.90 | 11.05 | 10.02 | 9.01 | 8.66 |
EPS Growth | 9.59% | 16.73% | 10.28% | 11.19% | 4.00% | -6.93% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Bond Electronic Trading Platform (ETP) Bond Electronic Trading Platform (ETP) Growth | 9.39 | 8.71 | 9.48 | 9.02 | 9.63 | 7.57 |
Collocation Fees Collocation Fees Growth | 60.29 | 53.95 | 46.87 | 42.61 | 33.07 | 28.25 |
Commodity Derivatives Fees Commodity Derivatives Fees Growth | 103.11 | 93.85 | 88.95 | 79.69 | 102.92 | 97.4 |
Issuer Services Fees Issuer Services Fees Growth | 13.74 | 13.1 | 11.01 | 10.82 | 7.28 | 6.11 |
Currency Derivatives Fees Currency Derivatives Fees Growth | 42.93 | 45.63 | 38.74 | 36.69 | 41.29 | 41.39 |
Equity Derivatives Fees Equity Derivatives Fees Growth | 145.19 | 130.09 | 114.6 | 116.9 | 163.34 | 149.85 |
Equity Market Fees Equity Market Fees Growth | 700.08 | 635.43 | 495.84 | 487.62 | 479.15 | 488.92 |
Interest Rate Market Fees Interest Rate Market Fees Growth | 109.49 | 105.92 | 91.22 | 85.44 | 72.86 | 63.66 |
Primary Market Fees Primary Market Fees Growth | 202.46 | 193.6 | 186.56 | 161.33 | 157.52 | 152.81 |
JSE Private Placement Fees JSE Private Placement Fees Growth | 0.31 | 0.33 | 0.83 | 1.19 | 0.28 | - |
SME Development SME Development Growth | 7.48 | 6.09 | 7.94 | 0.89 | - | - |
JSE Investor Services Fees JSE Investor Services Fees Growth | 206.57 | 212.57 | 228.72 | 190.1 | 159.06 | 124.62 |
Clearing and Settlement Fees Clearing and Settlement Fees Growth | 604.23 | 547.6 | 409.17 | 411.33 | 437.7 | 423.06 |
Back-Office Services (BDA) Back-Office Services (BDA) Growth | 441.86 | 432.31 | 415.19 | 368.34 | 351.37 | 350.59 |
Funds under Management Funds under Management Growth | 122.5 | 101.89 | 95.19 | 103.71 | 95.23 | 80.75 |
JSE Clear JSE Clear Growth | 140.71 | 130.16 | 118.18 | 111.94 | - | - |
Index Fees Index Fees Growth | 87.61 | 84.05 | 74.97 | 80.13 | 68.5 | 56.9 |
Market Data Fees Market Data Fees Growth | 429.19 | 414.17 | 379.07 | 368.29 | 319.51 | 293.07 |
Strate AD Valorem Fees - Cash Equities Strate AD Valorem Fees - Cash Equities Growth | 176.34 | 162.17 | 136.97 | 127.48 | 132.85 | 134.57 |
Strate AD Valorem Fees - Bonds Strate AD Valorem Fees - Bonds Growth | 29.76 | 29.56 | 21.86 | 20.96 | 18.42 | 17.93 |
Total Total Growth | 3,633 | 3,401 | 2,971 | 2,814 | 2,650 | 2,517 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 1,915 | 2,560 | 2,205 | 2,304 | 2,233 | 2,393 |
Total Debt Total Debt Growth | 170.15 | 184.81 | 208.92 | 124.48 | 190.27 | 252.71 |
Net Cash (Debt) Net Cash Growth | 1,745 | 2,375 | 1,996 | 2,179 | 2,043 | 2,140 |
Net Cash Growth | -26.52% | 18.99% | -8.42% | 6.66% | -4.54% | -1.16% |
Net Cash Per Share Net Cash Per Share Growth | 21.17 | 28.61 | 24.03 | 26.28 | 24.59 | 25.67 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 1,336 | 1,229 | 1,094 | 1,111 | 977.75 | 917.25 |
Capital Expenditures CapEx Growth | -68.64 | -34.68 | -50.63 | -78.15 | -58.52 | -99.65 |
Free Cash Flow Free Cash Flow Growth | 1,267 | 1,194 | 1,044 | 1,033 | 919.23 | 817.61 |
Free Cash Flow Growth | 6.08% | 14.42% | 1.05% | 12.38% | 12.43% | -16.66% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
Operating Margin | 34.75% | 32.32% | 28.97% | 29.01% | 29.82% | 31.07% |
Pretax Margin | 43.24% | 42.32% | 41.81% | 40.46% | 39.02% | 39.44% |
Profit Margin | 31.80% | 31.21% | 30.67% | 29.47% | 28.17% | 28.64% |
FCF Margin | 34.59% | 34.81% | 34.88% | 36.63% | 34.59% | 32.41% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 11, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 9.610 | 9.610 | 8.280 | 7.840 | 7.690 | 7.540 |
Dividend Per Share Growth | 28.14% | 16.06% | 5.61% | 1.95% | 1.99% | 4.00% |
Dividend Yield | 6.23% | 7.14% | 7.82% | 10.61% | 9.55% | 9.76% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 11, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 10.92 | 10.90 | 11.25 | 9.51 | 12.39 | 13.26 |
Forward PE | 11.01 | 11.36 | 10.46 | 10.30 | 10.30 | 10.84 |
P/FCF Ratio | 9.87 | 9.77 | 9.89 | 7.65 | 10.09 | 11.72 |
PS Ratio | 3.41 | 3.40 | 3.45 | 2.80 | 3.49 | 3.80 |