profit from every £100 of sales.
£0£100
Old Mutual
£0.68+0.30% today
+12.3% in 1 year
1-year low £0.571-year high £0.78
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay £7.21 for every £1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Old Mutual sold, what it kept, and what it did with the cash.
Sales went from ZAR 65.4 billion in 2022 to ZAR 274 billion in 2025, with ZAR 8.41 billion of profit last year.
SalesProfit
Old Mutual vs. similar companies
Old Mutual grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from £100 of sales | Sales growth a year | Price per £1 of profit |
|---|---|---|---|
| Old Mutual | 7.2× · Cheap | ||
 ORIX | 16.7× · Fair price | ||
 Bajaj Finserv | 30.8× · Expensive | ||
 Yuanta Financial | 25.3× · Fair price | ||
 China Galaxy Securities | 10.1× · Cheap |
AI analysis
An AI analyst reads Old Mutual's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of ZAR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 65,365 | 182,064 | 201,934 | 273,624 | |
| – | – | – | – | |
| – | – | – | – | |
| 10,166 | 17,449 | 18,632 | 26,151 | |
| 5,231 | 7,065 | 7,669 | 8,408 | |
| 1.63 | 1.54 | – | 1.90 | |
| – | – | – | – | |
| – | – | – | – | |
| 8.0% | 3.9% | 3.8% | 3.1% |
Balance sheet
| In millions of ZAR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,064,745 | 1,157,026 | 1,234,755 | 1,367,923 |
| Cash | 37,467 | 38,121 | 38,612 | 40,185 |
| Total debt | 25,865 | 29,091 | 26,616 | 22,783 |
| Total liabilities | 1,004,545 | 1,098,451 | 1,172,990 | 1,304,865 |
| 57,585 | 56,060 | 58,775 | 60,138 | |
| 4,495 | 4,585 | – | 4,431 | |
| 7.2% | 13.9% | 15.1% | 21.6% | |
| 9.1% | 12.6% | 13.0% | 14.0% |
Cash flow
| In millions of ZAR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 27,795 | 13,938 | 24,102 | -2,471 | |
| 2,208 | 3,280 | 2,135 | 2,057 | |
| 25,587 | 10,658 | 21,967 | -4,528 | |
| Dividends paid | 3,424 | 3,704 | 3,377 | 3,797 |
| 46 | 2,630 | 1,396 | 1,844 | |
| 624 | 639 | 782 | 899 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 7.2×
- –
- 1.39
- 1.0×
- 0.2×
- 13.9%
- 6.3%
Profitability
- 3.1%
- 21.6%
- 14.5%
- –
- –
Growth
- +61.2%
- +5.2%
- –
- −0.3%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 7%of 827
Top 13%of 876
Top 6%of 879
Bottom 12%of 926
6.3%of the share price, paid each year
On $1,000 invested$63a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
45.2% of its profit
Room to growStretchedMore than it earnsNews
There are six stocks that hedge funds and mutual funds are both overweight — and SpaceX is oneMarketWatch · Aug 24, 2026Hedge funds and mutual funds split on the AI trade - GoldmanSeeking Alpha · Aug 23, 2026The six stocks both hedge funds and mutual funds love - GoldmanSeeking Alpha · Aug 23, 2026The newest story we have is from Aug 24, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
63Pass
Benjamin Graham
94Pass
Philip Fisher
52No pass
Peter Lynch
57No pass
Joel Greenblatt
75Pass
Charlie Munger
45No pass
Terry Smith
37No pass
Questions about Old Mutual
Is Old Mutual a good stock to buy?
A business with weak numbers, and the price looks low. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Old Mutual AI analysis
What does Old Mutual do?
Old Mutual Limited, together with its subsidiaries, provides financial solutions to retail and corporate customers in South Africa and rest of Africa. It is in Financial Conglomerates, based in Cape Town, South Africa.
Does Old Mutual pay a dividend?
Yes. At today's price the dividend is 6.3% a year, about 45% of its yearly profit. In 2025 it paid out £3.80 billion in dividends.
Is Old Mutual stock halal?
No. Old Mutual does not pass our halal screen: its main business, financial services, is not permitted. How we check
How has Old Mutual stock done over the past year?
Up 12.3% over the past twelve months, to £0.68. It traded between £0.57 and £0.78 and is 12.9% below its high.
Who are Old Mutual's competitors?
The largest listed companies in the same industry are ORIX, Bajaj Finserv, Yuanta Financial and China Galaxy Securities. The peers table on this page compares their profit, growth and price with Old Mutual's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.