Santos Ltd Cash Flow Conversion Efficiency

Latest as of December 2025: 0.072x

Santos Ltd cash flow conversion efficiency. Based on the latest financial reports, Santos Ltd (STO) has a cash flow conversion efficiency ratio of 0.072x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$1.12 Billion ≈ $793.06 Million USD) by net assets (AU$15.68 Billion ≈ $11.09 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Santos Ltd market cap and net worth for the company's overall valuation and market capitalisation.

Cash Flow Conversion Efficiency of Santos Ltd (1991–2025)

Cash flow conversion efficiency of Santos Ltd from 1991 to 2025. This chart illustrates how Santos Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View STO stock price for real-time trading data and today's change.

Santos Ltd Cash Flow Conversion Ratio Explained

Santos Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Santos Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Santos Ltd ranked by their cash flow conversion efficiency. Review Santos Ltd (STO) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.

Company	Cash Flow Conversion Efficiency
Affirm Holdings Inc NASDAQ:AFRM	0.054x
Erste Bank Polska S.A. WAR:EBP	-0.077x
American Water Works Company Inc. F:AWC	0.028x
Tenet Healthcare Corporation NYSE:THC	0.067x
Uniper SE XETRA:UN0	0.032x
Bank of Nanjing Co Ltd SHG:601009	0.324x
CyberArk Software Ltd NASDAQ:CYBR	0.055x
Bombardier Inc Series B TO:BBD-B	-0.519x

Annual Cash Flow Conversion Efficiency for Santos Ltd (1991–2025)

The table below shows the annual cash flow conversion efficiency of Santos Ltd from 1991 to 2025. Also see STO total assets for a full breakdown of the balance sheet.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	AU$15.68 Billion ≈ $11.09 Billion	AU$2.65 Billion ≈ $1.87 Billion	0.169x	-8.01%
2024-12-31	AU$15.54 Billion ≈ $10.99 Billion	AU$2.85 Billion ≈ $2.02 Billion	0.183x	-14.00%
2023-12-31	AU$15.28 Billion ≈ $10.81 Billion	AU$3.26 Billion ≈ $2.31 Billion	0.213x	-17.96%
2022-12-31	AU$14.84 Billion ≈ $10.50 Billion	AU$3.86 Billion ≈ $2.73 Billion	0.260x	+55.26%
2021-12-31	AU$13.57 Billion ≈ $9.60 Billion	AU$2.27 Billion ≈ $1.61 Billion	0.167x	-18.01%
2020-12-31	AU$7.23 Billion ≈ $5.11 Billion	AU$1.48 Billion ≈ $1.04 Billion	0.204x	-23.38%
2019-12-31	AU$7.68 Billion ≈ $5.43 Billion	AU$2.05 Billion ≈ $1.45 Billion	0.267x	-13.22%
2018-12-31	AU$7.28 Billion ≈ $5.15 Billion	AU$2.24 Billion ≈ $1.58 Billion	0.307x	+114.54%
2017-12-31	AU$7.15 Billion ≈ $5.06 Billion	AU$1.02 Billion ≈ $724.38 Million	0.143x	-22.65%
2016-12-31	AU$7.08 Billion ≈ $5.01 Billion	AU$1.31 Billion ≈ $927.20 Million	0.185x	+52.83%
2015-12-31	AU$7.43 Billion ≈ $5.26 Billion	AU$899.59 Million ≈ $636.52 Million	0.121x	-39.11%
2014-12-31	AU$7.70 Billion ≈ $5.45 Billion	AU$1.53 Billion ≈ $1.08 Billion	0.199x	+40.48%
2013-12-31	AU$9.11 Billion ≈ $6.44 Billion	AU$1.29 Billion ≈ $912.36 Million	0.142x	-22.11%
2012-12-31	AU$9.73 Billion ≈ $6.88 Billion	AU$1.77 Billion ≈ $1.25 Billion	0.182x	+27.85%
2011-12-31	AU$9.16 Billion ≈ $6.48 Billion	AU$1.30 Billion ≈ $921.45 Million	0.142x	-12.48%
2010-12-31	AU$7.72 Billion ≈ $5.46 Billion	AU$1.25 Billion ≈ $887.52 Million	0.162x	-8.19%
2009-12-31	AU$6.26 Billion ≈ $4.43 Billion	AU$1.11 Billion ≈ $783.56 Million	0.177x	-61.44%
2008-12-31	AU$3.13 Billion ≈ $2.22 Billion	AU$1.44 Billion ≈ $1.02 Billion	0.459x	+25.13%
2007-12-31	AU$2.90 Billion ≈ $2.05 Billion	AU$1.06 Billion ≈ $753.18 Million	0.367x	-20.23%
2006-12-31	AU$2.65 Billion ≈ $1.87 Billion	AU$1.22 Billion ≈ $860.93 Million	0.460x	-8.90%
2005-12-31	AU$2.17 Billion ≈ $1.54 Billion	AU$1.10 Billion ≈ $774.87 Million	0.505x	+189.49%
2004-12-31	AU$2.73 Billion ≈ $1.93 Billion	AU$475.77 Million ≈ $336.63 Million	0.174x	-40.59%
2003-12-31	AU$2.32 Billion ≈ $1.64 Billion	AU$681.77 Million ≈ $482.39 Million	0.293x	+4.51%
2002-12-31	AU$1.61 Billion ≈ $1.14 Billion	AU$450.90 Million ≈ $319.04 Million	0.281x	+23.65%
2001-12-31	AU$1.39 Billion ≈ $984.78 Million	AU$315.98 Million ≈ $223.57 Million	0.227x	-51.88%
2000-12-31	AU$1.29 Billion ≈ $910.76 Million	AU$607.29 Million ≈ $429.70 Million	0.472x	+107.64%
1998-12-31	AU$1.18 Billion ≈ $836.71 Million	AU$268.69 Million ≈ $190.12 Million	0.227x	-0.46%
1997-12-31	AU$1.25 Billion ≈ $883.26 Million	AU$284.94 Million ≈ $201.61 Million	0.228x	-3.24%
1995-12-31	AU$1.13 Billion ≈ $800.22 Million	AU$266.78 Million ≈ $188.77 Million	0.236x	-1.63%
1994-12-31	AU$1.19 Billion ≈ $840.96 Million	AU$285.00 Million ≈ $201.65 Million	0.240x	-21.67%
1993-12-31	AU$935.07 Million ≈ $661.62 Million	AU$286.26 Million ≈ $202.55 Million	0.306x	+0.64%
1992-12-31	AU$847.65 Million ≈ $599.76 Million	AU$257.86 Million ≈ $182.45 Million	0.304x	+16.00%
1991-12-31	AU$923.83 Million ≈ $653.67 Million	AU$242.28 Million ≈ $171.43 Million	0.262x	--

About Santos Ltd

AU:STO Australia Oil & Gas E&P

Market Cap

$20.80 Billion

AU$29.39 Billion AUD

Market Cap Rank

#1225 Global

#24 in Australia

Share Price

AU$9.05

Change (1 day)

-1.52%

52-Week Range

AU$5.92 - AU$9.32

All Time High

AU$9.32