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Stocks · Materials · Gold and Silver Ores

HARMONY GOLD MINING CO LTD

HMY Clue Score84
Fiscal year ends June CIK 0001023514
$16.88 +0.24% Close, 9 Oct 2026
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Price $16.88 +376.84% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue19.49Operating income−0.99Net income0.36EPS, diluted0.79Fiscal year 2018Revenue20.45 +4.9%Operating income−4.66Net income−4.47 −1,335.6%EPS, diluted−10.04 −1,370.9%Fiscal year 2019Revenue26.91 +31.6%Operating income−2.54Net income−2.61EPS, diluted−5.00Fiscal year 2020Revenue29.25 +8.7%Operating income−0.36Net income−0.88EPS, diluted−1.66Fiscal year 2021Revenue41.73 +42.7%Operating income6.45Net income5.09EPS, diluted8.25Fiscal year 2022Revenue42.65 +2.2%Operating income−0.76Net income−1.05 −120.7%EPS, diluted−1.72 −120.8%Fiscal year 2023Revenue49.28 +15.5%Operating income7.09Net income4.82EPS, diluted7.77Fiscal year 2024Revenue61.38 +24.6%Operating income11.68Net income8.59 +78.2%EPS, diluted13.64 +75.5%Fiscal year 2025Revenue73.90 +20.4%Operating income20.36Net income14.38 +67.5%EPS, diluted22.88 +67.7%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 19.49 20.45 26.91 29.25 41.73 42.65 49.28 61.38 73.90
Growth +4.9% +31.6% +8.7% +42.7% +2.2% +15.5% +24.6% +20.4%
Operating income −0.99 −4.66 −2.54 −0.36 6.45 −0.76 7.09 11.68 20.36
Net income 0.36 −4.47 −2.61 −0.88 5.09 −1.05 4.82 8.59 14.38
Growth −1,335.6% −120.7% +78.2% +67.5%
EPS, diluted 0.79 −10.04 −5.00 −1.66 8.25 −1.72 7.77 13.64 22.88
Growth −1,370.9% −120.8% +75.5% +67.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin−1.9%Operating margin−5.1%Net margin1.9%Free cash flow margin−0.4%Fiscal year 2018Gross margin−15.4%Operating margin−22.8%Net margin−21.9%Free cash flow margin−3.3%Fiscal year 2019Gross margin−7.3%Operating margin−9.4%Net margin−9.7%Free cash flow margin−1.3%Fiscal year 2020Gross margin11.4%Operating margin−1.2%Net margin−3.0%Free cash flow margin3.8%Fiscal year 2021Gross margin15.0%Operating margin15.5%Net margin12.2%Free cash flow margin9.7%Fiscal year 2022Gross margin1.7%Operating margin−1.8%Net margin−2.5%Free cash flow margin1.7%Fiscal year 2023Gross margin19.8%Operating margin14.4%Net margin9.8%Free cash flow margin4.7%Fiscal year 2024Gross margin23.0%Operating margin19.0%Net margin14.0%Free cash flow margin11.8%Fiscal year 2025Gross margin32.8%Operating margin27.5%Net margin19.5%Free cash flow margin14.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin −1.9% −15.4% −7.3% 11.4% 15.0% 1.7% 19.8% 23.0% 32.8%
Operating margin −5.1% −22.8% −9.4% −1.2% 15.5% −1.8% 14.4% 19.0% 27.5%
Net margin 1.9% −21.9% −9.7% −3.0% 12.2% −2.5% 9.8% 14.0% 19.5%
Free cash flow margin −0.4% −3.3% −1.3% 3.8% 9.7% 1.7% 4.7% 11.8% 14.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow3.80Capital expenditure−3.89Free cash flow−0.09Dividends paid−0.44Fiscal year 2018Operating cash flow3.88Capital expenditure−4.56Free cash flow−0.68Dividends paid−0.15Fiscal year 2019Operating cash flow4.68Capital expenditure−5.04Free cash flow−0.36Dividends paid0.00Fiscal year 2020Operating cash flow4.72Capital expenditure−3.61Free cash flow1.11Dividends paid−0.00Fiscal year 2021Operating cash flow9.18Capital expenditure−5.14Free cash flow4.04 +262.7%Dividends paid−0.68Fiscal year 2022Operating cash flow6.92Capital expenditure−6.21Free cash flow0.71 −82.4%Dividends paid−0.43Fiscal year 2023Operating cash flow9.95Capital expenditure−7.64Free cash flow2.31 +225.1%Dividends paid−0.15Fiscal year 2024Operating cash flow15.65Capital expenditure−8.40Free cash flow7.25 +214.2%Dividends paid−1.44Fiscal year 2025Operating cash flow22.65Capital expenditure−11.86Free cash flow10.79 +48.8%Dividends paid−2.10
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 3.80 3.88 4.68 4.72 9.18 6.92 9.95 15.65 22.65
Capital expenditure −3.89 −4.56 −5.04 −3.61 −5.14 −6.21 −7.64 −8.40 −11.86
Free cash flow −0.09 −0.68 −0.36 1.11 4.04 0.71 2.31 7.25 10.79
Growth +262.7% −82.4% +225.1% +214.2% +48.8%
Dividends paid −0.44 −0.15 0.00 −0.00 −0.68 −0.43 −0.15 −1.44 −2.10

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash1.25Shareholders’ equity29.29Fiscal year 2018Cash0.71Total debt4.92Net cash (debt)−4.22Shareholders’ equity25.38Debt to equity0.19Fiscal year 2019Cash0.99Total debt5.83Net cash (debt)−4.83Shareholders’ equity22.61Debt to equity0.26Fiscal year 2020Cash6.36Total debt7.46Net cash (debt)−1.11Shareholders’ equity23.37Debt to equity0.32Fiscal year 2021Cash2.82Total debt2.97Net cash (debt)−0.16Shareholders’ equity31.16Debt to equity0.10Fiscal year 2022Cash2.45Total debt3.18Net cash (debt)−0.73Shareholders’ equity30.04Debt to equity0.11Fiscal year 2023Cash2.87Total debt5.59Net cash (debt)−2.73Shareholders’ equity34.76Debt to equity0.16Fiscal year 2024Cash4.69Total debt1.79Net cash (debt)2.91Shareholders’ equity40.77Debt to equity0.04Fiscal year 2025Cash13.10Total debt1.89Net cash (debt)11.21Shareholders’ equity48.24Debt to equity0.04
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.25 0.71 0.99 6.36 2.82 2.45 2.87 4.69 13.10
Total debt n/a 4.92 5.83 7.46 2.97 3.18 5.59 1.79 1.89
Net cash (debt) n/a −4.22 −4.83 −1.11 −0.16 −0.73 −2.73 2.91 11.21
Shareholders’ equity 29.29 25.38 22.61 23.37 31.16 30.04 34.76 40.77 48.24
Debt to equity n/a 0.19 0.26 0.32 0.10 0.11 0.16 0.04 0.04

In billions of ZAR, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of ZAR, except per-share figures; shares in millions. Fiscal years ending June, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 30 Jun 2017 FY2018 30 Jun 2018 FY2019 30 Jun 2019 FY2020 30 Jun 2020 FY2021 30 Jun 2021 FY2022 30 Jun 2022 FY2023 30 Jun 2023 FY2024 30 Jun 2024 FY2025 30 Jun 2025
Revenue and profit
19.49 20.45 26.91 29.25 41.73 42.65 49.28 61.38 73.90
Growth +4.9% +31.6% +8.7% +42.7% +2.2% +15.5% +24.6% +20.4%
19.87 23.60 28.87 25.91 35.49 41.93 39.54 47.23 49.64
−0.38 −3.14 −1.96 3.34 6.24 0.72 9.74 14.15 24.26
Growth +87.1% −88.5% +1,256.5% +45.2% +71.5%
−0.99 −4.66 −2.54 −0.36 6.45 −0.76 7.09 11.68 20.36
Growth −111.7% +64.6% +74.3%
−0.15 −4.71 −2.75 −0.60 6.38 −1.06 6.61 11.77 21.21
−0.51 −0.23 −0.14 0.26 1.26 −0.05 1.72 3.08 6.66
0.36 −4.47 −2.61 −0.88 5.09 −1.05 4.82 8.59 14.38
Growth −1,335.6% −120.7% +78.2% +67.5%
Per share
0.82 −10.03 −4.98 −1.64 8.42 −1.72 7.80 13.86 23.13
0.79 −10.04 −5.00 −1.66 8.25 −1.72 7.77 13.64 22.88
Growth −1,370.9% −120.8% +75.5% +67.7%
438.4 445.9 523.8 535.3 604.3 612.5 617.6 619.4 621.8
459.2 465.3 533.3 547.2 616.4 614.6 620.5 629.7 628.7
Growth +1.3% +14.6% +2.6% +12.6% −0.3% +1.0% +1.5% −0.2%

Shown in ZAR as filed; the screener converts to dollars.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 20.4% a year over five years.
  • The diluted share count rose 14.9% in five years, which is dilution.
  • Operating margin is up 28.8 points on five years ago, at 27.5%.
  • A net loss in 4 of 9 years on file.