Harmony Gold Mining Company Limited

HMY Basic Materials Gold

Harmony Gold Mining Company Limited’s revenue for fiscal 2026 (year ended June 2026) was $5.9 billion, up 44.3% from fiscal 2025.

16.95 0.54 +3.29%
Market cap
$10.6B
P/E
52.0×
Fwd P/E
4.8×
Dividend yield
4.60%
F-score
6/9
Altman Z
4.14
Beneish M
−2.22
Dividend safety
70/100

Harmony Gold Mining Company Limited (HMY) Free cash flow margin

Alert me on Free cash flow margin

Harmony Gold Mining Company Limited's free cash flow margin over the twelve months to 31 December 2025 was 0.00%. Over the past ten years it has ranged from −5.19% (fiscal 2015) to 16.0% (fiscal 2026) — the current reading is the highest in ten years. That is in line with the Gold industry median of 0.00% and in line with the Basic Materials sector median of 0.00%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2026 16.0% 1.32
FY2025 14.6% 2.82
FY2024 11.8% 7.04
FY2023 4.78% 3.06
FY2022 1.72% (7.98)
FY2021 9.70% 5.89
FY2020 3.81% 5.12
FY2019 −1.31% 2.04
FY2018 −3.35% (3.14)
FY2017 −0.21% (11.60)

Against its own ten years

Low −5.19% High 16.0%
Ten-year median 4.30%
Current reading's percentile 100

Free cash flow margin against peers

Company Free cash flow margin
OR OR Royalties Inc. compare 83.6%
RGLD Royal Gold, Inc. compare 69.0%
CDE Coeur Mining, Inc. compare 44.8%
OGC Oceanagold Corp. compare 30.0%
AUGO Aura Minerals Inc. compare 16.3%
SSRM Silver Standard Resources Inc. compare 14.9%
BTG B2Gold Corp compare 12.1%
EQX Equinox Gold Corp. compare 9.05%
HMY Harmony Gold Mining Company Limited 0.00%
Gold industry median 0.00%
Basic Materials sector median 0.00%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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