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Johnson Matthey Plc JMAT.L

GB · London Stock Exchange · XLON · stock · Basic Materials · website

Johnson Matthey Plc statistics & valuation

Market cap£2.8B
P / S0.2×
P / B1.4×
P / FCF12.2×
Dividend yield4.67%
Net margin-0.8%
Return on equity-4.8%
FCF margin1.8%
Net debt£869.0M
Enterprise value USD$4.9B
Earnings yield EBIT/EV9.4%
Return on capital9.9%

Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
1.80% 0.80% 3.40% -0.80% 2023202420252026
Gross margin (%)
6.70% 7.20% 6.20% 5.00% 2023202420252026
Operating margin (%)
3.10% 3.20% 2.70% 2.70% 2023202420252026
Return on equity (%)
10.90% 4.50% 16.30% -4.80% 2023202420252026
Shares outstanding
125.9M 125.9M 125.9M 125.9M 2023202420252026
Net debt (£)
£1.02B £948.0M £806.0M £869.0M 2023202420252026
Share buybacks (£)
£45.0M £0 £251.0M £0 2023202420252026
Return on assets (%)
3.90% 1.70% 6.00% -1.60% 2023202420252026
Free cash flow margin (%)
-0.20% 1.70% 0.70% 1.80% 2023202420252026
Debt / equity (×)
0.66× 0.63× 0.74× 0.70× 2023202420252026
EPS (£)
£1.50 £0.58 £2.11 -£0.57 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin5.0%6.2%7.2%6.7%
Operating margin2.7%2.7%3.2%3.1%
Net margin-0.8%3.4%0.8%1.8%
FCF margin1.8%0.7%1.7%-0.2%
Return on assets-1.6%6.0%1.7%3.9%
Return on equity-4.8%16.3%4.5%10.9%
Debt / equity0.66×0.57×0.56×0.58×
Current ratio1.561.421.451.51

Computed from company filings · GB · as of 2026-03-31. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.