profit from every $100 of sales.
$0$100
Harmony Gold Mining
$15.09-2.27% today
-15.4% in 1 year
1-year low $13.321-year high $26.04
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2024.
0%20% a year
You pay $18.65 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Harmony Gold Mining sold, what it kept, and what it did with the cash.
Sales went from ZAR 41.7 billion in 2021 to ZAR 61.4 billion in 2024, with ZAR 8.59 billion of profit last year.
SalesProfit
Harmony Gold Mining handed back 20% of the cash it generated last year.
ZAR 1.4B
Free cash flow 2024ZAR 7.3B
Bought back its own shares–
Paid as dividendsZAR 1.4B
Cash vs. debtZAR 4.7B vs. ZAR 2.3B
Harmony Gold Mining vs. similar companies
Harmony Gold Mining grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Harmony Gold Mining | 18.6× · Fair price | ||
 Newmont | 16.6× · Fair price | ||
 Zijin Mining Group | 13.5× · Cheap | ||
 Agnico Eagle Mines | 20.2× · Fair price | ||
 Barrick Mining | 12.3× · Cheap |
AI analysis
An AI analyst reads Harmony Gold Mining's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of ZAR | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 41,733 | 42,645 | 49,275 | 61,379 | |
| 6,244 | 718 | 9,740 | 14,146 | |
| 4,872 | -512 | 7,985 | 11,533 | |
| 10,920 | 3,343 | 11,054 | 17,208 | |
| 5,087 | -1,052 | 4,820 | 8,587 | |
| 9.01 | -1.72 | 7.77 | 13.64 | |
| 15.0% | 1.7% | 19.8% | 23.0% | |
| 11.7% | -1.2% | 16.2% | 18.8% | |
| 12.2% | -2.5% | 9.8% | 14.0% |
Balance sheet
| In millions of ZAR | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 48,803 | 46,808 | 57,240 | 60,460 |
| Cash | 2,819 | 2,448 | 2,867 | 4,693 |
| Total debt | 3,622 | 3,647 | 6,221 | 2,300 |
| Total liabilities | 17,589 | 16,691 | 22,360 | 19,511 |
| 31,160 | 30,039 | 34,757 | 40,774 | |
| – | 615 | 620 | 630 | |
| 16.0% | -0.8% | 14.7% | 23.0% | |
| 16.3% | -3.5% | 13.9% | 21.1% |
Cash flow
| In millions of ZAR | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 9,179 | 6,924 | 9,948 | 15,650 | |
| 5,142 | 6,214 | 7,640 | 8,398 | |
| 4,037 | 710 | 2,308 | 7,252 | |
| Dividends paid | 684 | 430 | 154 | 1,437 |
| – | – | – | – | |
| 160 | 145 | 112 | 250 |
Valuation
- 18.6×
- 0.3×
- 1.26
- 3.7×
- 2.6×
- 22.1×
- 9.2×
- 4.5%
- 5.4%
- 0.9%
Profitability
- 23.0%
- 18.8%
- 14.0%
- 43.5%
- 23.6%
- 12.6%
- 32.5%
- 14.2%
- 36.3%
- –
Growth
- +13.7%
- +14.8%
- +48.8%
- –
- +0.7%
Financial health
- -0.1×
- 0.06
- 11.2%
- 15.8×
- 1.56
- 0.38
- 0.75
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 5%of 990
Top 27%of 950
Top 44%of 766
Top 24%of 929
Top 34%of 987
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 11, 2026 | 0.87 | 0.96 | −9.0% |
| Aug 28, 2025 | 0.58 | 0.57 | +2.3% |
| Mar 4, 2025 | 0.66 | – | – |
| Nov 28, 2024 | 6.29 | – | – |
| Sep 5, 2024 | 0.11 | – | – |
| Apr 30, 2024 | 2.09 | – | – |
| Feb 28, 2024 | 0.52 | – | – |
| Jan 25, 2024 | 4.80 | – | – |
0.9%of the share price, paid each year
On $1,000 invested$9a year at today's yield, before tax
–per share
Raised3 yearsin a row, in our data
Paid per share, each year
$0.04 in 2016 → $0.19 in 2025
How safe it looks
16.7% of its profit
Room to growStretchedMore than it earns: 19.8%
News
Harmony outlines $1.00B-$1.04B 2026 WAKIX net revenue as CEO transition beginsSeeking Alpha · Nov 4, 2026Why Harmony Biosciences Stock Got Mashed on MondayYahoo Finance · Oct 12, 2026Harmony Gold sees higher full-year earnings as rising metal prices boost revenueSeeking Alpha · Aug 21, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
59No pass
Benjamin Graham
42No pass
Philip Fisher
63Pass
Peter Lynch
67Pass
Joel Greenblatt
54No pass
Charlie Munger
61Pass
Terry Smith
52No pass
Questions about Harmony Gold Mining
Is Harmony Gold Mining a good stock to buy?
A solid business at a fair price. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Harmony Gold Mining AI analysis
What does Harmony Gold Mining do?
Harmony Gold Mining Company Limited engages in the exploration, extraction, processing, and sale of mineral products in South Africa, Papua New Guinea, and Australia. The company explores for gold, uranium, silver, and copper deposits. It is in Gold, based in Randfontein, South Africa, with 34,350 employees.
Does Harmony Gold Mining pay a dividend?
Yes. At today's price the dividend is 0.9% a year, about 17% of its yearly profit. In 2024 it paid out $1.44 billion in dividends.
Is Harmony Gold Mining stock halal?
Yes. Harmony Gold Mining passes our halal screen: its business is permitted and its debt is 1% of its market value, under the 30% limit. How we check
How has Harmony Gold Mining stock done over the past year?
Down 15.4% over the past twelve months, to $15.09. It traded between $13.32 and $26.04 and is 42.1% below its high.
Who are Harmony Gold Mining's competitors?
The largest listed companies in the same industry are Newmont, Zijin Mining Group, Agnico Eagle Mines and Barrick Mining. The peers table on this page compares their profit, growth and price with Harmony Gold Mining's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.