Washington H. Soul Pattinson

Washington H. Soul Pattinson and Company

FY26 full-year financial results, which showcased transformative growth following the integration of the Brickworks merger:


Key Drivers

  • Massive Statutory Profit Surge:
  • Statutory NPAT surged 502% to $2.19 billion (up from $364 million in FY25), driven by the full consolidation of Brickworks, day-one merger accounting gains, and a tax cost base reset.
  • Revenue from continuing operations jumped 96% to $1.87 billion.
  • Surge in Net Asset Value (NAV):
  • Post-tax NAV jumped 27.2% per share to $38.17

Soul Pattinson

Washington H. Soul Pattinson and Company Buy with a stop loss at $37.77

Update 17/3:

Brickworks Merger: In late 2025/early 2026, SOL simplified its corporate structure by merging with Brickworks (BKW) to eliminate a complex 56-year cross-shareholding arrangement. This was a massive $14 billion deal aimed at increasing transparency and unlocking value in their property and private capital portfolios.

Soul Pattinson

Washington H. Soul Pattinson and Company Buy with a stop loss at $37.77

Brickworks Merger: In late 2025/early 2026, SOL simplified its corporate structure by merging with Brickworks (BKW) to eliminate a complex 56-year cross-shareholding arrangement. This was a massive $14 billion deal aimed at increasing transparency and unlocking value in their property and private capital portfolios.