Vulcan Steel
Vulcan Steel is a steel distribution and processing company operating across Australia and New Zealand. They focus on delivering superior service and have grown to become a key supplier to the Australasian economy. Vulcan offers a diverse product range and operates through a network of warehousing, manufacturing, and processing facilities.
Short position
Vulcan Steel (ASX:VSL) has 0.50% of its shares on issue reported as short positions as of 5 Oct 2026, or about 733,493 shares. Over the past 30 days that figure has risen 0.07 percentage points, and over 90 days it has fallen 0.72 percentage points. Its highest recorded short interest was 1.71% in August 2026. VSL is classified in the Materials industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.
Price & short interest
Toggle series, zoom, and compare · ASIC daily, T+4Vulcan Steel (VSL) financials
Results, ratios and statements
Latest result
Year to 30 Jun 2026 (FY26) vs FY25, figures in NZD, the reporting currency
- Revenue
- 1.16Bvs 948.2M (FY25)
- Yahoo Finance, as at 29 Sep 2026
- NPAT
- 20.7Mvs 15.7M (FY25)
- Yahoo Finance, as at 29 Sep 2026
- EPS (diluted)
- 0.14vs 0.12 (FY25)
- Yahoo Finance, as at 29 Sep 2026
- Rev YoY
- +22.2%FY
- EPS YoY
- +17.8%FY
Key ratios
Year to 30 Jun 2026 (FY); balance sheet at 30 Jun 2026; prices to 9 Oct 2026
- Gross margin
- 33.2%
- Operating margin
- −3.0%
- Net margin
- 1.8%
- FCF margin
- 4.0%
- ROE
- 8.8%
- ROA
- 2.1%
- FCF conversion
- 2.25×
- Net debt (excl. leases)
- NZD 227.9M
- Net debt / EBITDA
- 1.5×
- Current ratio
- 2.6×
- Interest cover
- −2.3×
- Cash dividends paid / net profit
- 42.5%
- Market cap
- $801.5M
- P/E
- n/a (reports in NZD)
- P/B
- n/a (reports in NZD)
Ratios use the reporting currency (NZD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.
Financial statements
Figures in NZD, the reporting currency; Yahoo Finance unless marked
| Line item | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue | 1.16B | 948.2M | 1.06B | 1.24B |
| Gross profit | 385.3M | 324.6M | 374.9M | 443.9M |
| Operating income | −35.3M | 27.9M | 65.0M | 173.6M |
| EBITDA | 147.5M | 124.9M | 163.0M | 192.4M |
| EBIT | 46.7M | 40.7M | 82.3M | 147.1M |
| Interest expense | 15.1M | 18.3M | 23.4M | 22.2M |
| Pretax income | 31.6M | 22.4M | 58.9M | 124.9M |
| Tax | 9.8M | 6.6M | 18.9M | 37.0M |
| NPAT | 20.7M | 15.7M | 40.0M | 87.9M |
| Net interest income | −37.4M | −36.1M | −40.1M | −38.5M |
| EPS basic | 0.14 | 0.12 | 0.30 | 0.66 |
| EPS diluted | 0.14 | 0.12 | 0.30 | 0.66 |
| Shares | 146.5M | 133.1M | 132.7M | 132.7M |
Financial reports
The company's own filings, newest first
- FY26 Full year results announcementFull Year Results25 Aug 2026via asx_announcements
- FY26 Annual Report and Financial StatementsAnnual Report25 Aug 2026via asx_announcements
- FY26 ASX Appendix 4EAnnual Results25 Aug 2026via asx_announcements
- 1HFY26 Half Year results announcementHalf Year Results24 Feb 2026via asx_announcements
- Half Yearly Report and AccountsHalf Year Results24 Feb 2026via asx_announcements
- FY25 Annual Report and Financial StatementsAnnual Report26 Aug 2025via asx_announcements
- FY25 Full year results announcementFull Year Results26 Aug 2025via asx_announcements
- FY25 ASX Appendix 4EAnnual Results26 Aug 2025via asx_announcements
- Half Year Report 2025 Investor presentationHalf Year Results11 Feb 2025via asx_announcements
- Half Year 2025 results announcementHalf Year Results11 Feb 2025via asx_announcements
Showing 10 of 18 reports