Anglogold Ashanti vs Newmont
Newmont is the larger business, with $22.67bn of revenue in fiscal 2025 against $9.89bn for Anglogold Ashanti (2.3 times as much). Anglogold Ashanti grew faster (70.8% against 21.3%). Anglogold Ashanti kept more of each dollar of sales as profit: a net margin of 32.1% against 31.3%. Newmont carries less debt relative to equity (15.8% against 25.3%).
| Latest fiscal year | Anglogold AshantiAU, 2025 | NewmontNEM, 2025 |
|---|---|---|
| Revenue | $9.89bn | $22.67bn |
| Revenue growth | 70.8% | 21.3% |
| Net income | $3.17bn | $7.08bn |
| Operating margin | — | — |
| Net margin | 32.1% | 31.3% |
| Return on equity | 43.1% | 22.2% |
| Free cash flow | — | $7.30bn |
| Cash | $2.90bn | $7.65bn |
| Total debt | $2.04bn | $5.34bn |
| Debt to equity | 25.3% | 15.8% |
| Dividend per share | — | $1.00 |
| Dividend yield | 0.6% | 1.0% |
| Share buybacks | — | $2.30bn |
| Employees | — | — |
| Market value | $41.32bn | $112.55bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | — | 44 (Weak) |
| Insider trades, 12 months | 0 buys, 1 sales | 0 buys, 25 sales |