Harmony Gold Mining has been growing earnings at an average annual rate of 45%, while the Metals and Mining industry saw earnings growing at 5.9% annually. Revenues have been growing at an average rate of 16.2% per year. Harmony Gold Mining's return on equity is 31.5%, and it has net margins of 20.1%.
Key information
44.98%
Earnings growth rate
44.18%
EPS growth rate
Metals and Mining Industry Growth
19.58%
Revenue growth rate
16.19%
Return on equity
31.51%
Net Margin
20.06%
Next Earnings Update
27 Aug 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Harmony Gold Mining makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
LSE:0J39 Revenue, expenses and earnings (ZAR Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Dec 25
81,155
16,276
2,520
0
30 Sep 25
77,526
15,330
2,541
0
30 Jun 25
73,896
14,384
2,562
0
31 Mar 25
70,501
12,454
2,515
0
31 Dec 24
67,105
10,524
2,467
0
30 Sep 24
64,242
9,556
2,404
0
30 Jun 24
61,379
8,587
2,341
0
31 Mar 24
59,405
8,744
2,212
0
31 Dec 23
57,431
8,901
2,083
0
30 Sep 23
53,353
6,861
1,817
0
30 Jun 23
49,275
4,820
1,550
0
31 Mar 23
46,614
2,110
1,414
0
31 Dec 22
43,953
-600
1,331
0
30 Sep 22
43,299
-826
1,278
0
30 Jun 22
42,645
-1,052
1,198
0
31 Mar 22
42,371
425
1,245
0
31 Dec 21
42,096
1,901
1,265
0
30 Sep 21
41,915
3,494
1,255
0
30 Jun 21
41,733
5,087
1,245
0
31 Mar 21
38,545
3,725
1,111
0
31 Dec 20
35,356
2,363
976
0
30 Sep 20
32,301
743
904
0
30 Jun 20
29,245
-878
831
0
31 Mar 20
28,923
-1,067
854
0
31 Dec 19
28,600
-1,256
894
0
30 Sep 19
27,756
-1,931
891
0
30 Jun 19
26,912
-2,607
879
0
31 Mar 19
25,639
-3,998
934
0
31 Dec 18
24,366
-5,389
979
0
30 Sep 18
22,409
-4,931
941
0
30 Jun 18
20,452
-4,473
903
0
31 Mar 18
20,092
-2,376
846
0
31 Dec 17
19,271
-280
788
0
30 Sep 17
19,268
41
781
0
30 Jun 17
19,494
362
774
0
31 Mar 17
19,380
1,648
724
0
31 Dec 16
19,495
2,933
674
0
30 Sep 16
19,128
2,240
656
0
30 Jun 16
18,334
949
614
0
31 Mar 16
17,382
-2,899
629
0
31 Dec 15
15,996
-3,859
626
0
30 Sep 15
15,144
-4,791
652
0
30 Jun 15
15,435
-4,536
729
0
Quality Earnings: 0J39 has high quality earnings.
Growing Profit Margin: 0J39's current net profit margins (20.1%) are higher than last year (15.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0J39's earnings have grown significantly by 45% per year over the past 5 years.
Accelerating Growth: 0J39's earnings growth over the past year (54.7%) exceeds its 5-year average (45% per year).
Earnings vs Industry: 0J39 earnings growth over the past year (54.7%) did not outperform the Metals and Mining industry 108.1%.
Return on Equity
High ROE: 0J39's Return on Equity (31.5%) is considered high.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/21 08:05
End of Day Share Price
2026/05/21 00:00
Earnings
2025/12/31
Annual Earnings
2025/06/30
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Harmony Gold Mining Company Limited is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.