Who are Washington H. Soul Pattinson and's main competitors?

Named competitors: Brickworks Limited (private or unlisted), Berkshire Hathaway (BRK-B), Wesfarmers (WES.AX). The cockpit's measured peer set (industry) also includes Bajaj Holdings & Investment (BAJAJHLDNG.NS), BitMine Immersion Technologies (BMNR), Ares Capital (ARCC), SBI (8473.T), Investment AB Latour (LATO-B.ST), M&G (MNG.L).

Is Washington H. Soul Pattinson and expensive compared with its peers?

On forward p/e it trades at 28.0× against a peer median of 11.8×, 2nd most expensive of 17 in its peer set.

How has Washington H. Soul Pattinson and stock performed?

Over six months to 6 Nov 2026 the shares returned +11.6% against +1.4% for the median peer; over one year +25.8%.

← CockpitCompetitor Analysis › SOL.AX Washington H. Soul Pattinson and Company LimitedOpen in the cockpit ↗

Washington H. Soul Pattinson and Company LimitedSOL.AXCompetitor analysis, valuation and peers

Australia · AUD·Financials›Financial Conglomerates

Diversified Australian investment house holding long-term stakes across telecoms, resources, building products and other businesses.

≈ Australia's Berkshire Hathaway-style holding companyMomentum strong 69

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$12.5B

US dollars, full cap

Free float

89%

of shares outstanding

$/day

$18.2M

20-day average traded

Fwd P/E

28.0×

forward earnings

ROIC−WACC

n/a

WACC 7.1%

Hurdle

n/a

no reverse DCF

Next earnings

138 days

24 Mar 2027

Close · AUDA$47.51

1D+0.1%

1W+3.8%

1M+3.5%

3M+1.3%

6M+11.6%

YTD+27.9%

1Y+25.8%

ATR %1.9%

52w lowhigh3.9% off high

What Washington H. Soul Pattinson and does

Diversified Australian investment house holding long-term stakes across telecoms, resources, building products and other businesses.

Works like a permanent investment fund: income comes as dividends and distributions from stakes it holds for many years, plus gains on sales, rather than from selling products. Cross-ownership with Brickworks, in which each held a large stake in the other, ran for decades and was a defining feature.

In one line: Australia's Berkshire Hathaway-style holding company.

Products and services

Telecommunications investment (TPG Telecom stake)
Resources (coal, New Hope)
Building products (Brickworks)
Agriculture/property/funds management

Customers

Shareholders (investment holding company)

Where it sits in the supply chain

Investments
Diversified holding company
Portfolio of listed/unlisted stakes

What could go right

Value of underlying listed/unlisted stakes appreciating
Diversification reduces single-sector risk

What could go wrong

Conglomerate discount to net asset value
Concentration in a few large cross-holdings

Moat: narrow (scale, brand). Long track record of capital allocation and cross-holdings (notably with Brickworks) built over a century.

Headquarters: Sydney, Australia · Founded: 1903 · Employees: 53

Named competitors

Brickworks Limited private or unlisted
Berkshire Hathaway BRK-B
Wesfarmers WES.AX

Washington H. Soul Pattinson and at a glance

Size Washington H. Soul Pattinson and (SOL.AX) is an Australia Financials company (Financial Conglomerates) with a market value of $12.5B, the 31st largest of 316 Australia companies the cockpit tracks. Shares closed at A$47.51 on 6 Nov 2026.

Performance Over six months the shares gained 11.6%, against +1.4% for the median peer and +4.1% for the Australia market (cap-weighted) — 4th highest of 20 in its peer set.

Growth Revenue grew 142.6% over the last twelve months (peer median +2.4%); the operating margin is -9.0% (peer median 40.3%).

Valuation It trades at 28.0× forward earnings against a peer median of 11.8× (2nd most expensive of 17).

Next results Next results expected around 24 Mar 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Washington H. Soul Pattinson and against the median of its 20 peers (local-currency closes).

Washington H. Soul Pattinson and financials

Reported figures in AUD; fiscal year ends 2026-07-31. TTM = trailing twelve months.
	TTM	FY2026	FY2025	FY2024	FY2023
Revenue	A$1.49B	A$1.49B	A$615M	A$558M	A$363M
Revenue growth	—	+143%	+10%	+54%	—
Gross profit	A$470M	A$470M	A$159M	A$155M	A$108M
EBITDA	n/a	-A$19.0M	-A$96.8M	-A$24.2M	-A$17.8M
Net income	A$2.19B	A$2.19B	A$364M	A$499M	A$700M
Free cash flow	-A$200M	-A$200M	A$206M	A$256M	A$596M
Capital expenditure	A$163M	A$163M	A$123M	A$174M	A$177M
Total debt	n/a	A$835M	A$1.01B	A$766M	A$437M

Quarterly statements and history in the cockpit →

Washington H. Soul Pattinson and competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Washington H. Soul Pattinson and is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Washington H. Soul Pattinson and is the large dot.

Washington H. Soul Pattinson and competitors and peer comparison

Head to head with its named competitors (SOL.AX vs BRK-B vs WES.AX)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Washington H. Soul Pattinson and SOL.AX	$12.5B	+12%	+143%	-9%	28.0×	n/a
Berkshire Hathaway BRK-B	$1.22T	+20%	+4%	16%	26.0×	n/a
Wesfarmers WES.AX	$64.0B	+14%	+3%	9%	30.5×	20.6%

How Washington H. Soul Pattinson and compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Washington H. Soul Pattinson and against its 20 peers (data as of 6 Nov 2026)
Measure	SOL.AX	Peer median	Rank in peer set
1-month return	+3.5%	+4.8%	9th lowest of 21
6-month return	+11.6%	+1.4%	4th highest of 20
Distance from 52-week high	-3.9%	-13.0%	2nd highest of 21
Revenue growth (TTM)	+142.6%	+2.4%	3rd highest of 21
Operating margin	-9.0%	40.3%	3rd lowest of 21
Forward P/E	28.0×	11.8×	2nd most expensive of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Washington H. Soul Pattinson and SOL.AX	Australia	$12.5B	+12%	+143%	-9%	28.0×	n/a	n/a
Bajaj Holdings & Investment BAJAJHLDNG.NS	India	$13.0B	+4%	-14%	80%	n/a	n/a	n/a
BitMine Immersion Technologies BMNR	United States	$11.3B	-15%	+1,022%	-485%	25.9×	n/a	n/a
Ares Capital ARCC	United States	$13.8B	+1%	-8%	61%	9.9×	n/a	n/a
SBI 8473.T	Japan	$11.2B	-13%	+20%	40%	5.9×	n/a	n/a
Investment AB Latour LATO-B.ST	Sweden	$14.2B	+19%	+3%	15%	n/a	n/a	n/a
M&G MNG.L	United Kingdom	$10.3B	+7%	+68%	8%	11.3×	n/a	n/a
L E Lundbergforetagen LUND-B.ST	Sweden	$15.3B	+16%	-4%	28%	n/a	n/a	n/a
Jio Financial Services JIOFIN.NS	India	$16.2B	-8%	+117%	40%	74.6×	n/a	n/a
Julius Baer Gruppe BAER.SW	Switzerland	$17.1B	+2%	0%	30%	11.3×	n/a	n/a
HAL Trust HAL.AS	Netherlands	$17.2B	+1%	-5%	14%	12.5×	n/a	n/a
Aker AKER.OL	Norway	$8.60B	-7%	-17%	226%	14.3×	n/a	n/a
China Resources New Energy 001248.SZ	China	$21.5B	n/a	0%	42%	n/a	n/a	n/a
Industrivarden INDU-A.ST	Sweden	$23.4B	+9%	-1%	569%	9.6×	n/a	n/a
Brookfield Business BBUC.TO	Canada	$6.15B	-9%	+106%	13%	5.4×	n/a	n/a
Exor EXO.AS	Netherlands	$26.2B	+10%	+59%	-384%	26.3×	n/a	n/a
Onex ONEX.TO	Canada	$5.91B	-7%	+2%	173%	22.3×	n/a	n/a
Azimut AZM.MI	Italy	$5.70B	-1%	+17%	46%	10.6×	n/a	n/a
Blue Owl Capital OBDC	United States	$5.39B	-4%	+1%	54%	8.2×	n/a	n/a
Ts Financial 2887.TW	Taiwan	$29.2B	+62%	+200%	19%	12.2×	n/a	n/a
Main Street Capital MAIN	United States	$5.33B	+6%	+3%	91%	15.0×	n/a	n/a

Questions

Who are Washington H. Soul Pattinson and's main competitors?: Named competitors: Brickworks Limited (private or unlisted), Berkshire Hathaway (BRK-B), Wesfarmers (WES.AX). The cockpit's measured peer set (industry) also includes Bajaj Holdings & Investment (BAJAJHLDNG.NS), BitMine Immersion Technologies (BMNR), Ares Capital (ARCC), SBI (8473.T), Investment AB Latour (LATO-B.ST), M&G (MNG.L).
Is Washington H. Soul Pattinson and expensive compared with its peers?: On forward p/e it trades at 28.0× against a peer median of 11.8×, 2nd most expensive of 17 in its peer set.
How has Washington H. Soul Pattinson and stock performed?: Over six months to 6 Nov 2026 the shares returned +11.6% against +1.4% for the median peer; over one year +25.8%.