Harmony Gold Mining Company Limited logo HMY - Harmony Gold Mining Company Limited

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STRONG
BUY
0
BUY 1
HOLD 7
SELL 2
STRONG
SELL
0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue
Revenue 73,896 61,379 49,275 42,645 41,733 29,245 26,928.5 21,854.3 18,430.3 18,692.7 16,537.8 16,079.4 17,897.6 15,955.9 12,160.3 11,284 11,496 9,910.9 9,489.1 9,028.6 8,412.2 8,671.4 9,019.5 7,866 4,889.6 2,976.3 2,255.2 1,151.6
Cost of Revenue 44,593 47,233 39,535 41,927 35,657 25,908 28,900.6 24,834.4 18,846.8 16,119.5 20,414.7 16,440.2 18,175.5 12,753.3 11,361.5 10,484 9,836 8,981.5 7,402.0 7,672.9 8,197.6 8,100.6 6,639.2 5,247.4 4,044.0 2,518.4 1,834.7 1,079.1
Gross Profit 29,303 14,146 9,740 718 6,076 3,337 (1,972.1) (2,980.1) (416.5) 2,573.2 (3,876.8) (360.9) (277.9) 3,202.6 798.9 800 1,660 929.4 2,087.0 1,355.7 214.6 570.7 2,380.2 2,618.6 845.6 457.9 420.5 72.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 2,562 1,294 1,550 984 1,245 611 737.8 869.2 494.6 414.1 404.9 445.8 526.1 441.2 430.2 381 362 242.1 322.3 403.6 881.0 282.3 276.9 227.7 127.4 29.5 68.2 67.2
Other Expenses 6,384 1,176 1,096 8,823 3,880 415.7 232 151.8 1,119.4 295.8 368.1 583.7 913.2 522.9 348.2 261.4 (627.3) 242.1 300.6 1,187.2 1,964.3 1,055.5 583.8 310.5 253.0 135.3 98.3 68.3
Operating Expenses 8,946 2,470 2,646 9,807 5,125 1,027 1,064.1 1,090.0 1,614.0 709.8 1,165.5 1,029.5 1,439.3 964.1 778.4 635 651 484.2 622.9 1,590.8 2,845.3 1,337.8 860.8 538.2 380.4 164.8 166.5 135.5
Operating Income
Operating Income 20,357 11,676 7,095 (755) 6,450 (358) (2,553.8) (4,622.0) (1,054.3) 1,611.9 (5,557.6) (1,549.6) (1,935.7) 2,254.9 27.3 165 1,873 570.1 1,032.0 (261.2) (3,311.9) (988.0) 1,474.6 1,635.3 310.5 347.0 254.0 (63.0)
Interest Expense 0 796 994 718 661 661 581.7 330 221.3 281.0 282.2 286.6 287.9 302.3 279.9 246 212 70 47.6 56.5 65.1 66 0 22 15.0 0 0 0
Interest Income 806 690 425 276 265 0.2 244 272 0 0 0 0 0 0 0 0 0 34 24.9 32.5 21.4 33 0 13 5.9 0 0 0
Profitability
EBITDA 26,265 16,523 11,054 3,343 10,920 3,621 1,883 (1,807) 364.4 1,863.4 (2,429.1) 987.1 645.2 4,370.9 1,754.7 1,822.0 3,322.2 1,405.8 2,043.5 400.2 714.2 717.5 2,103.3 2,390.8 716.7 428.4 352.5 5.3
EBIT 21,423 11,878 7,600 (340) 7,043 66 (2,171) (4,377) 86 1,892.9 (5,079.1) (1,252.4) (1,608.1) 2,303.9 484.8 430.5 2,028.9 445.2 894.9 (821.9) (296.3) (140.7) 1,519.5 2,080.3 467.0 293.1 254.1 (63.0)
Income Before Tax 21,206 11,770 6,606 (1,058) 6,382 (595) (2,766.6) (4,677.2) (260.3) 1,597.2 (5,606.7) (1,539.0) (1,915.8) 2,042.5 95.6 175 1,905 (304.6) (1,324.6) (1,030.0) (4,768.4) (822.3) 920.7 2,277 240.0 447.1 184.6 (19.4)
Income Tax Expense 6,658 3,082 1,723 (46) 1,258 255 (141.9) (248.3) (481.6) 650.7 (748.4) (286.6) 684.9 (130.7) (471.1) 335 196 507.6 241.0 (16.8) (669.5) (300.7) 276.9 590.0 117.8 85.4 13.9 (0.6)
Net Income 14,384 8,587 4,820 (1,052) 5,087 (878) (2,624.7) (4,428.8) 221.3 946.5 (4,858.3) (1,252.4) (2,243.4) 2,785.9 587.2 (192) 2,927 (234.3) (2,081.8) (1,112.9) (4,098.9) (515.5) 643.7 1,687.0 72.5 361.7 170.7 (18.8)
Per Share Data
EPS (Basic) 23.13 13.86 7.80 -1.72 8.42 -1.64 -5.01 -9.93 0.82 2.22 -11.18 -2.89 -5.19 6.37 1.37 -0.46 7.07 -0.58 -5.23 -2.83 -11.33 -2.03 4.42 7.66 0.71 4.34 2.53 -0.41
EPS (Diluted) 22.88 13.64 7.77 -1.72 8.25 -1.64 -5.01 -9.52 0.79 2.22 -11.09 -2.88 -5.18 6.37 1.37 -0.45 7.04 -0.58 -5.17 -2.83 -11.33 -2.02 4.27 7.14 0.68 4.20 2.53 -0.41
Shares Outstanding 628.7 619.4 617.6 612.5 604.3 535.3 523.8 445.9 438.4 435.7 434.4 433.2 431.9 430.8 429.3 417.4 414.0 400.8 397.9 393.7 361.8 253.6 178.0 153.5 102.2 83.6 67.4 45.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998
Current Assets
Cash & Cash Equivalents 13,101 4,693 2,867 2,448 2,819 6,357 993.1 703.6 1,236.5 1,257.0 1,950 413.9 1,331.7 1,691.6 1,449 1,160.3 524.7 273.3 49.5
Short-Term Investments 0 39 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 4,002 2,249 2,206 103.4 115.6 1,229 43.3 44.1 32.1 16.3 900 874.7 846.9 778.4 693.5 799.7 213.5 88.1 41.2
Inventory 3,825 3,603 3,265 2,818 2,542 2,421 1,972.1 1,752.2 1,119.4 1,168.3 1,035 695.1 521.6 456.6 455.4 301.8 187.6 105.6 81.9
Other Current Assets 378 558 151 546 1,538 159 353 577 1,535.9 384.5 45 1,624.5 0 (7.5) (10.3) 0 0.0 65.2 210.9
Total Current Assets 21,306 11,497 8,678 7,494 8,551 10,166 4,384.0 4,180.5 4,880.9 3,460.5 3,930 3,608.2 2,706.4 2,919.2 2,587.5 2,261.9 925.8 532.1 383.5
Non-Current Assets
Property, Plant & Equipment 48,269 41,348 41,507 32,872 34,366 29,186 27,864.9 30,974.1 29,832.1 30,065.1 27,912 27,577.1 21,951.5 10,000.0 9,501.3 5,419.2 3,713.9 2,009.7 1,415.5
Goodwill 0 0 0 0 333 520 520 496.7 585.7 842.9 2,163.4 2,163.4 0 0 0 0 0 0 0
Intangible Assets 6 19 33 48 32 16 13 13.8 13.0 29.6 46.9 46.9 2,240.0 0 0 0 0 0 0
Long-Term Investments 197 253 111 125 126 146 113.5 82.8 52.1 2,514.0 2,026 0 0 0 0 0 0 0 0
Other Non-Current Assets 7,725 7,203 6,722 6,066 5,892 4,127 3,788.1 3,407.8 2,746.3 2,617.6 (1,483.2) 1,905.6 2,767.7 2,275.4 2,090.7 611.6 517.8 102.6 75.4
Total Non-Current Assets 56,197 48,963 48,562 39,314 40,947 34,526 32,504.3 35,306.3 33,723.8 33,732.6 32,397 33,176.9 26,959.2 12,312.9 11,592 6,030.8 4,231.8 2,112.2 1,490.9
Total Assets 77,503 60,460 57,240 46,808 49,498 44,692 36,888.3 39,486.8 38,604.7 37,193.1 36,327 36,785.1 29,665.5 15,232.0 14,179.5 8,292.7 5,157.6 2,644.3 1,874.4
Current Liabilities
Account Payables 6,724 1,138 1,205 1,266 1,269 706 763 587 520.6 354.9 1,463.6 671.7 429.6 411.7 269.1 217.4 139.6 376.5 235.6
Short-Term Debt 59 9 103 25 387 255 85.1 739.5 1,822.2 295.8 255.6 3,858.1 650.5 209.6 476.1 77.6 350.5 0 0
Deferred Revenue 0 85 285 309 396 175 0 82.8 52.1 (1,242.2) 346.5 577.9 951.2 299.4 0 (10.7) 0 0 0
Other Current Liabilities 5,605 3,899 2,682 2,086 1,541 5,754 995.9 871.1 481.6 428.9 15.5 913.8 386.6 621.3 1,148.8 946.8 520.6 49.5 14.7
Total Current Liabilities 12,388 10,310 6,867 4,975 5,758 7,560 3,249.0 3,628.6 3,813.6 2,040.8 1,746 6,021.5 2,417.9 1,541.9 1,894.0 1,231.1 1,010.7 425.9 250.3
Non-Current Liabilities
Long-Term Debt 1,894 1,785 5,592 3,180 2,974 7,463 5,859.6 4,925.5 299.4 2,055.6 108.4 242.1 2,755.4 2,425.1 1,780.2 1,219.7 313.9 84.5 49.5
Deferred Tax Liabilities 0 2,951 2,294 1,586 2,202 996 695.2 1,145.1 1,692.0 2,425.3 3,251 4,475.1 2,626.6 1,579.3 776.2 378.9 327.7 171.9 130.2
Other Non-Current Liabilities 14,433 7,170 7,192 6,327 6,189 101 5 41.4 13.0 14.8 1,703.7 1,273.0 1,356.2 913.2 1,707.8 833.5 649.0 238.9 148.4
Total Non-Current Liabilities 16,603 12,152 15,493 11,716 12,060 13,757 10,938.8 10,540.8 5,713.9 6,847.1 6,791.4 5,990.3 6,738.3 4,917.7 4,264.2 2,437.6 1,290.5 495.3 328.1
Total Liabilities 28,991 19,511 22,360 16,691 17,818 21,317 14,187.8 14,169.4 9,527.5 8,887.9 1,746 12,011.8 9,156.2 6,459.6 6,158.2 3,668.7 2,301.3 921.3 578.4
Stockholders' Equity
Common Stock 32,934 32,934 32,934 32,934 32,934 32,937 29,666.7 56,774.3 52,531.6 28,467.9 28,091 249.9 159.6 89.8 82.8 110.7 48.4 34.4 26.5
Retained Earnings 14,584 2,238 (4,955) (9,639) (7,707) (12,583) (11,761.7) (12,113.7) (7,119.6) (4,436.6) 1,095 (3,272.4) 1,061.7 1,998.5 2,349.4 1,040.8 747.6 497.1 395.8
Accumulated Other Comprehensive Income 717 6,081 6,778 6,744 6,399 3,017 4,795.5 (19,343.3) (16,334.8) 4,273.9 0 (1,530.8) (1,172.1) (239.5) 93.2 (1,561.9) 52.1 72.4 67.2
Total Stockholders' Equity 48,235 40,774 34,757 30,039 31,626 23,371 22,700.5 25,317.3 29,077.2 28,305.2 34,581 24,773.3 20,509.4 8,652.7 8,021.2 4,621.3 2,856.3 1,723.1 1,295.9
Total Liabilities & Equity 77,503 60,460 57,240 46,808 49,498 44,692 36,888.3 39,486.8 38,604.7 37,193.1 36,327 36,785.1 29,665.5 15,232.0 14,179.5 8,292.7 5,157.6 2,644.3 1,874.4
Debt Metrics
Total Debt 2,229 2,291 6,221 3,647 3,361 7,718 5,944.7 5,665.0 2,121.6 2,351.4 362 4,100.2 3,406.0 2,634.7 2,256.3 1,297.3 664.4 84.5 49.5
Net Debt (10,872) (2,402) 2,828 1,199 542 1,361 4,951.5 4,961.4 885.1 1,094.4 (1,588) 3,686.3 2,074.3 943.1 807.3 137.0 139.7 (188.8) 0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998
Operating Activities
Net Income 14,384 8,587 6,606 (1,058) 6,382 (595) (2,746) (4,677.2) (260.3) 1,611.9 (4,768.3) (822.3) 920.7 2,297.7 363.0 361.7 170.7 (18.8)
Depreciation & Amortization 4,842 4,645 3,454 3,683 3,877 3,508 4,054 2,759.4 2,407.9 2,203.5 781.0 920.5 583.8 310.5 253.0 135.3 98.3 68.3
Stock-Based Compensation 699 250 112 145 160 180 230 386.3 377.5 340.1 0 0 0 0 0 0 0 0
Change in Working Capital (1,515) 24 (317) (159) 591 (548) (2) (138.0) (260.3) 266.2 (149.7) 398.9 (29.9) 82.8 7.9 (148.3) 159.9 (35.3)
Other Non-Cash Items 4,237 2,144 10,589 7,378 9,741 120.6 5,050.9 (262.1) (481.6) 4,747.1 2,733.6 (877.6) (157.2) (414) (229.0) (61.3) 76.6 (10.6)
Operating Cash Flow 22,647 15,650 9,948 6,924 9,179 272.1 4,682.0 4,180.5 3,644.4 4,599.2 (1,403.4) (380.5) 1,317.4 2,277 394.8 287.3 505.6 3.5
Investing Activities
Capital Expenditure (11,855) (8,398) (7,640) (6,214) (5,142) (208.0) (5,036.7) (4,911.7) (3,722.5) (2,484.5) (884.7) (871.4) (995.5) (734.9) (423.1) (157.4) (174.4) (41.2)
Acquisitions 0 4 (2,996) 24 (3,327) 59 28.4 (4,139.1) 429.5 0 138.9 196.4 (898.2) (2,546.1) (1,283.9) (352.4) 0 0
Purchases of Investments 0 (21) (138) (128) (48) (21) (15) 0 0 0 (99.8) (55.2) (22.5) (155.2) (67.6) 69.5 0 0
Sales/Maturities of Investments 0 120 58 53 70 64 219 0 0 44.4 2,529.0 1,006.4 935.6 155.2 92.9 64.5 10.9 33.0
Other Investing Activities (100) (71) 120 65 (17) (99.0) (5.4) (27.6) 52.1 (221.8) 1.5 (55.2) (29.9) (414) 157.0 33.7 (97.7) 34.8
Investing Cash Flow (11,955) (8,366) (10,596) (6,200) (8,464) (205.0) (4,809.7) (9,078.4) (3,240.9) (2,661.9) 1,684.9 220.9 (1,010.5) (3,694.9) (1,524.6) (342.1) (261.2) 26.5
Financing Activities
Net Debt Issuance (115) (3,747) 1,348 (721) (3,610) 0 169 209.5 (11) (1,685.9) 212.1 262.5 (479.0) 341.6 491.2 350.7 0 0
Stock Repurchased 0 0 0 0 0 (2,883.7) 0 0 0 0 (64.5) (79.8) 0 0 0 0 0 0
Dividends Paid (2,057) (1,437) (154) (430) (677) (3) 0 (165.6) (429.5) 0 (96.4) (392.8) (973.1) (227.7) (126.5) (80.3) (34.4) 0
Other Financing Activities (43) (246) 0 0 (12) 251.0 0 3,667.5 415.6 0 0 0 (44.9) 0 8.1 (0.0) 0 0.6
Financing Cash Flow (2,215) (5,430) 1,194 (1,151) (4,299) 248.0 383.1 4,415.0 (377.5) (1,774.6) 51.3 43.0 (172.2) 1,707.8 1,811.7 307.6 (21.1) 0.6
Cash Position
Net Change in Cash 8,408 1,826 419 (371) (3,538) 295.7 269.6 (607.1) 130.2 (44.4) 330.6 (331.4) 247.0 279.4 532.7 252.9 222.6 30.0
Cash at Beginning 4,693 2,867 2,448 2,819 6,357 70.5 723.6 1,310.7 1,106.3 1,301.4 1,443.0 1,663.1 1,444.6 1,169.5 627.6 271.8 50.7 19.4
Cash at End 13,101 4,693 2,867 2,448 2,819 366.2 993.1 703.6 1,236.5 1,257.0 1,773.6 1,331.7 1,691.6 1,449 1,160.3 524.7 273.3 49.5
Free Cash Flow 10,792 7,252 2,308 710 4,037 64.1 (354.7) (731.2) (78.1) 2,114.8 (2,288.2) (1,251.9) 321.9 1,542.2 (28.2) 130.0 331.2 (37.7)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Income Statement
Revenue 73,896 61,379 49,275 42,645 41,733 29,245 26,928.5 21,854.3 18,430.3 18,692.7 16,537.8 16,079.4 17,897.6 15,955.9 12,160.3 11,284 11,496 9,910.9 9,489.1 9,028.6 8,412.2 8,671.4 9,019.5 7,866 4,889.6 2,976.3 2,255.2 1,151.6
Gross Profit 29,303 14,146 9,740 718 6,076 3,337 (1,972.1) (2,980.1) (416.5) 2,573.2 (3,876.8) (360.9) (277.9) 3,202.6 798.9 800 1,660 929.4 2,087.0 1,355.7 214.6 570.7 2,380.2 2,618.6 845.6 457.9 420.5 72.5
Operating Income 20,357 11,676 7,095 (755) 6,450 (358) (2,553.8) (4,622.0) (1,054.3) 1,611.9 (5,557.6) (1,549.6) (1,935.7) 2,254.9 27.3 165 1,873 570.1 1,032.0 (261.2) (3,311.9) (988.0) 1,474.6 1,635.3 310.5 347.0 254.0 (63.0)
Net Income 14,384 8,587 4,820 (1,052) 5,087 (878) (2,624.7) (4,428.8) 221.3 946.5 (4,858.3) (1,252.4) (2,243.4) 2,785.9 587.2 (192) 2,927 (234.3) (2,081.8) (1,112.9) (4,098.9) (515.5) 643.7 1,687.0 72.5 361.7 170.7 (18.8)
EPS (Diluted) 22.88 13.64 7.77 -1.72 8.25 -1.64 -5.01 -9.52 0.79 2.22 -11.09 -2.88 -5.18 6.37 1.37 -0.45 7.04 -0.58 -5.17 -2.83 -11.33 -2.02 4.27 7.14 0.68 4.20 2.53 -0.41
Balance Sheet
Cash & Equivalents 13,101 4,693 2,867 2,448 2,819 6,357 993.1 703.6 1,236.5 1,257.0 1,950 413.9 1,331.7 1,691.6 1,449 1,160.3 524.7 273.3 49.5
Total Assets 77,503 60,460 57,240 46,808 49,498 44,692 36,888.3 39,486.8 38,604.7 37,193.1 36,327 36,785.1 29,665.5 15,232.0 14,179.5 8,292.7 5,157.6 2,644.3 1,874.4
Total Debt 2,229 2,291 6,221 3,647 3,361 7,718 5,944.7 5,665.0 2,121.6 2,351.4 362 4,100.2 3,406.0 2,634.7 2,256.3 1,297.3 664.4 84.5 49.5
Stockholders' Equity 48,235 40,774 34,757 30,039 31,626 23,371 22,700.5 25,317.3 29,077.2 28,305.2 34,581 24,773.3 20,509.4 8,652.7 8,021.2 4,621.3 2,856.3 1,723.1 1,295.9
Cash Flow
Operating Cash Flow 22,647 15,650 9,948 6,924 9,179 272.1 4,682.0 4,180.5 3,644.4 4,599.2 (1,403.4) (380.5) 1,317.4 2,277 394.8 287.3 505.6 3.5
Capital Expenditure (11,855) (8,398) (7,640) (6,214) (5,142) (208.0) (5,036.7) (4,911.7) (3,722.5) (2,484.5) (884.7) (871.4) (995.5) (734.9) (423.1) (157.4) (174.4) (41.2)
Free Cash Flow 10,792 7,252 2,308 710 4,037 64.1 (354.7) (731.2) (78.1) 2,114.8 (2,288.2) (1,251.9) 321.9 1,542.2 (28.2) 130.0 331.2 (37.7)