KPI data tables
Valterra Platinum operating metrics behind the KPI charts, newest period first (up to 24 periods per chart). Periods use each company's own fiscal labels where the source does; each table names its source.
| Period | M&C PGM (koz) |
|---|---|
| FY 2025 | 3,201 |
| FY 2024 | 3,364 |
| FY 2023 | 3,806 |
Source: Valterra Platinum Integrated Report 2025, operations review (https://reports.valterraplatinum.com/25/downloads/vp-iar-2025-operations-review.pdf) M&C 3,200,600 oz in 2025 versus 3,364,200 oz in 2024, restated to exclude Kroondal from purchase-of-concentrate volume. FY 2024 results booklet (https://minedocs.com/28/AngloAmerican-Platinum-AResult-2024.pdf) 3,806,100 oz in 2023 and 3,553,100 oz in 2024 as first reported.
| Period | Unit cost (R/PGM oz) |
|---|---|
| FY 2025 | 19,488 |
| FY 2024 | 17,540 |
| FY 2023 | 17,859 |
Source: Valterra FY 2025 SENS unit cost R19,488 in 2025 and R17,540 in 2024 (https://senspdf.jse.co.za/documents/SENS_20260225_S517516.pdf). Amplats FY 2024 results booklet R17,540 in 2024 and R17,859 in 2023 (https://minedocs.com/28/AngloAmerican-Platinum-AResult-2024.pdf).
| Period | Free cash flow |
|---|---|
| FY 2025 | 11.28 |
| FY 2024 | 7.86 |
| FY 2023 | -4.34 |
| FY 2022 | 28.46 |
| FY 2021 | 82.86 |
| FY 2020 | 13.73 |
| FY 2019 | 19.84 |
| FY 2018 | 8.62 |
| FY 2017 | 8.3 |
| FY 2016 | 6.38 |
Source: Financial Modeling Prep annual income statements and cash flow statements, as compiled in src/data/sectors/pm-financials.json (lastUpdated 2026-08-28).
| Period | Operating margin |
|---|---|
| FY 2025 | 22.5 |
| FY 2024 | 15.1 |
| FY 2023 | 15.3 |
| FY 2022 | 42.1 |
| FY 2021 | 48.4 |
| FY 2020 | 27.9 |
| FY 2019 | 25.6 |
| FY 2018 | 14.5 |
| FY 2017 | 10 |
| FY 2016 | 7.4 |
Source: Financial Modeling Prep annual income statements and cash flow statements, as compiled in src/data/sectors/pm-financials.json (lastUpdated 2026-08-28).