Harmony Gold Mining
HMY
16.49
-0.83
-4.79%
Harmony Gold Mining
US · HMY
#1398 by market cap
Listed 1970
16.49
-0.83
-4.79%
Live - 5344 symbols - heartbeat 229s ago
· 2026-10-08 08:36
Pre-market
16.39
-0.61%
After-hours
16.62
+0.79%
Overnight
16.40
-0.55%
- Market cap
- 10.32B
- P/E (TTM)i
- 5.91
- P/Bi
- 2.28
- EPSi
- 2.79
- Div yieldi
- 2.55%
- 52W posi
- 29%
Reader sentiment
Are you bullish or bearish on HMY?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 2.39, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +34.29% YoY
Margins
- Gross margin
- 44.92%
- Operating margin
- 41.88%
- Net margin
- 29.57%
Key ratios & quality
- PEG ratioi
- 0.07
- Altman Z-Scorei
- 2.39
PEG uses trailing P/E against the 3-year net income growth rate (82.61%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 26.91B | 29.25B | 41.73B | 42.65B | 49.28B | 61.38B | 73.90B | 99.24B |
| Gross profit | -1.96B | 3.34B | 6.24B | 718.00M | 9.74B | 14.15B | 24.26B | 44.58B |
| Selling & admin expenses | 731.00M | 611.00M | 1.07B | 984.00M | 1.04B | 1.29B | 1.65B | 1.97B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | -2.94B | 2.31B | 4.87B | -512.00M | 7.99B | 11.53B | 21.52B | 41.56B |
| Pretax profit | -2.75B | -595.00M | 6.38B | -1.06B | 6.61B | 11.77B | 21.21B | 38.36B |
| Tax | -139.00M | 255.00M | 1.26B | -46.00M | 1.72B | 3.08B | 6.66B | 8.91B |
| Net profit | -2.61B | -850.00M | 5.12B | -1.01B | 4.88B | 8.69B | 14.55B | 29.45B |
| Basic EPS | -5 | -2 | 8 | -2 | 8 | 14 | 23 | 47 |
| Diluted EPS | -5.00 | -1.66 | 8.25 | -1.72 | 7.77 | 13.64 | 22.88 | 46.32 |
| Line item | 2023-12 | 2024-06 | 2024-12 | 2025-06 | 2025-12 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | -- |
| Gross profit | -- | -- | -- | -- | -- | -- |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | -- | -- | -- | -- | -- | -- |
| Pretax profit | -- | -- | -- | -- | -- | -- |
| Tax | -- | -- | -- | -- | -- | -- |
| Net profit | -- | -- | -- | -- | -- | -- |
| Basic EPS | -- | -- | -- | -- | -- | -- |
| Diluted EPS | -- | -- | -- | -- | -- | -- |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 4.38B | 10.17B | 8.55B | 7.49B | 8.68B | 11.50B | 21.31B | 20.37B |
| Cash & ST investments | 993.00M | 6.36B | 2.82B | 2.45B | 2.87B | 4.69B | 13.10B | 8.62B |
| Inventory | 1.97B | 2.42B | 2.54B | 2.82B | 3.27B | 3.60B | 3.83B | 4.88B |
| Total assets | 36.74B | 44.69B | 48.80B | 46.81B | 57.24B | 60.46B | 77.50B | 125.99B |
| Total current liabilities | 3.23B | 7.56B | 5.55B | 4.98B | 6.87B | 7.36B | 12.39B | 24.31B |
| Short-term debt | 89.00M | 315.00M | 494.00M | 222.00M | 319.00M | 269.00M | 265.00M | 9.48B |
| Long-term debt | 5.83B | 7.46B | 2.97B | 3.18B | 5.59B | 1.79B | 1.89B | -- |
| Total liabilities | 14,122,000,000.00 | 21,317,000,000.00 | 17,589,000,000.00 | 16,691,000,000.00 | 22,360,000,000.00 | 19,511,000,000.00 | 28,991,000,000.00 | 50,614,000,000.00 |
| Total equity | 22.61B | 23.38B | 31.21B | 30.12B | 34.88B | 40.95B | 48.51B | 75.38B |
| Retained earnings | -11.71B | -12.58B | -8.17B | -9.64B | -4.96B | 2.24B | 14.58B | 38.28B |
| Line item | 2023-12 | 2024-06 | 2024-12 | 2025-06 | 2025-12 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 10.22B | 11.50B | 17.12B | 21.31B | 16.30B | 20.37B |
| Cash & ST investments | 3.44B | 4.69B | 9.40B | 13.10B | 7.35B | 8.62B |
| Inventory | 3.21B | 3.60B | 3.52B | 3.83B | 4.86B | 4.88B |
| Total assets | 59.79B | 60.46B | 68.90B | 77.50B | 114.63B | 125.99B |
| Total current liabilities | 6.33B | 7.36B | 9.31B | 12.39B | 30.07B | 24.31B |
| Short-term debt | 14.00M | 269.00M | 86.00M | 265.00M | 11.26B | 9.48B |
| Long-term debt | 3.35B | 1.79B | 2.03B | 1.89B | 1.63B | -- |
| Total liabilities | 19,811,000,000.00 | 19,511,000,000.00 | 22,852,000,000.00 | 28,991,000,000.00 | 62,424,000,000.00 | 50,614,000,000.00 |
| Total equity | 39.98B | 40.95B | 46.04B | 48.51B | 52.20B | 75.38B |
| Retained earnings | 500.00M | 2.24B | 9.50B | 14.58B | 23.35B | 38.28B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 4.68B | 4.72B | 9.18B | 6.92B | 9.95B | 15.65B | 22.65B | 33.61B |
| Depreciation & amortization | 4.05B | 3.51B | 3.88B | 3.68B | 3.45B | 4.64B | 4.84B | 7.34B |
| Free cash flow | -357.00M | 1.11B | 4.04B | 710.00M | 2.31B | 7.25B | 10.79B | 15.77B |
| Dividends paid | 0 | -3.00M | -684.00M | -430.00M | -154.00M | -1.44B | -2.10B | -4.46B |
| Stock buybacks / issuance | 211.00M | 3.47B | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 993.00M | 6.36B | 2.82B | 2.45B | 2.87B | 4.69B | 13.10B | 8.62B |
| Line item | 2023-12 | 2024-06 | 2024-12 | 2025-06 | 2025-12 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -- | -- | -- | -- | -- | -- |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- |
| Free cash flow | -- | -- | -- | -- | -- | -- |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | -- | -- | -- | -- | -- | -- |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -10.88 | -3.82 | 18.66 | -3.44 | 14.88 | 22.74 | 32.32 | 47.59 |
| ROA %i | -6.84 | -2.16 | 10.88 | -2.20 | 9.27 | 14.59 | 20.85 | 28.85 |
| ROIC %i | -7.70 | -1.97 | 16.37 | -1.83 | 14.04 | 20.62 | 29.93 | 46.03 |
| 5-year avg ROE %i | -7.66 | -5.26 | -2.24 | -3.18 | 3.08 | 9.80 | 17.03 | -- |
| EBIT margin %i | -8.07 | 0.23 | 16.88 | -0.80 | 15.42 | 20.47 | 29.64 | 40.33 |
| FCF / sales %i | -- | 3.81 | 9.67 | 1.66 | 4.68 | 11.82 | 14.60 | 15.89 |
| Current ratioi | 1.35 | 1.34 | 1.54 | 1.51 | 1.26 | 1.56 | 1.72 | 0.84 |
| Quick ratioi | 0.62 | 1.00 | 0.78 | 0.80 | 0.74 | 0.94 | 1.34 | 0.60 |
| Debt / assetsi | 16.10 | 17.58 | 7.42 | 7.79 | 10.87 | 3.80 | 3.08 | 7.52 |
| LT debt / equityi | 25.76 | 32.28 | 10.04 | 11.40 | 16.98 | 4.98 | 4.40 | -- |
| Interest coveragei | -3.78 | 0.10 | 10.66 | -0.47 | 7.65 | 15.79 | 31.38 | 24.07 |
| Revenue CAGR (3Y) %i | 12.92 | 14.48 | 26.84 | 16.58 | 18.99 | 13.72 | 20.11 | 26.28 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | 19.07 | -- | 82.61 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | 27.52 | 21.56 | 147.71 | 89.75 |
| Line item | 2023-12 | 2024-06 | 2024-12 | 2025-06 | 2025-12 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 24.89 | 22.74 | 24.57 | 32.32 | 33.31 | 47.59 |
| ROA %i | 15.74 | 14.59 | 16.36 | 20.85 | 17.74 | 28.85 |
| ROIC %i | 23.67 | 20.62 | 24.18 | 29.93 | 30.14 | 46.03 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 22.26 | 20.47 | 22.77 | 29.64 | 32.17 | 40.33 |
| FCF / sales %i | 10.48 | 11.82 | 14.16 | 14.60 | 13.73 | 15.89 |
| Current ratioi | 1.62 | 1.56 | 1.84 | 1.72 | 0.54 | 0.84 |
| Quick ratioi | 1.06 | 0.94 | 1.43 | 1.34 | 0.37 | 0.60 |
| Debt / assetsi | 5.62 | 3.80 | 3.07 | 3.08 | 11.25 | 7.52 |
| LT debt / equityi | 8.41 | 4.98 | 4.42 | 4.40 | 3.15 | -- |
| Interest coveragei | 12.49 | 15.79 | 22.60 | 31.38 | 24.11 | 24.07 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Diversified
- Mponeng is the largest reported line at 21.76% of revenue, across 10 reported segments.
- No single line clears half of revenue; Other is next at 13.61%, spreading the business across more than one real driver.
Revenue breakdown most recent period
Business
Mponeng21.76%
Other13.61%
Moab Khotsong12.80%
Hidden Valley10.72%
All other surface operations10.14%
Kusasalethu7.57%
Mine Waste Solutions6.03%
Tshepong North6.02%
Tshepong South5.73%
Doornkop5.63%
Region
South Africa85.00%
International10.72%
Reconciliation of the segment information to the consolidated income statement and balance sheet4.28%
Quote time 2026-10-08 08:36:11 · For reference only, not investment advice and not tailored to your situation.