Anglogold Ashanti vs Harmony Gold Mining Co
Anglogold Ashanti is the larger business, with $9.89bn of revenue in fiscal 2025 against $5.88bn for Harmony Gold Mining Co (1.7 times as much). Anglogold Ashanti grew faster (70.8% against 44.4%). Anglogold Ashanti kept more of each dollar of sales as profit: a net margin of 32.1% against 29.6%. Harmony Gold Mining Co carries less debt relative to equity (12.6% against 25.3%).
| Latest fiscal year | Anglogold AshantiAU, 2025 | Harmony Gold Mining CoHMY, 2026 |
|---|---|---|
| Revenue | $9.89bn | $5.88bn |
| Revenue growth | 70.8% | 44.4% |
| Net income | $3.17bn | $1.74bn |
| Operating margin | — | 41.2% |
| Net margin | 32.1% | 29.6% |
| Return on equity | 43.1% | 48.1% |
| Free cash flow | — | $934m |
| Cash | $2.90bn | $526m |
| Total debt | $2.04bn | $578m |
| Debt to equity | 25.3% | 12.6% |
| Dividend per share | — | — |
| Dividend yield | 0.6% | 2.8% |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $41.32bn | $9.57bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 1 sales | 0 buys, 0 sales |