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Buyback calculator for Harmony Gold Mining
Harmony Gold Mining stock: key metrics
HMYHarmony Gold Mining had an operating margin of 44.6% and a return on invested capital (ROIC) of 63.8% in fiscal 2026.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2007 | 22.0% | 10.9% | −21.9% |
| 2008 | 9.4% | 5.8% | −2.4% |
| 2009 | 14.4% | 16.3% | 25.5% |
| 2010 | 7.1% | 1.5% | −1.7% |
| 2011 | 6.6% | 0.2% | 4.8% |
| 2012 | 20.1% | 14.1% | 17.5% |
| 2013 | −1.6% | −10.8% | −12.5% |
| 2014 | −2.2% | −9.6% | −7.8% |
| 2015 | −23.4% | −33.6% | −29.4% |
| 2016 | 13.8% | 8.6% | 5.1% |
| 2017 | −2.3% | −5.7% | 1.2% |
| 2018 | −13.6% | −21.1% | −20.3% |
| 2019 | −7.3% | −9.5% | −9.7% |
| 2020 | 11.4% | −1.2% | −3.0% |
| 2021 | 14.6% | 15.5% | 12.2% |
| 2022 | 1.7% | −1.8% | −2.5% |
| 2023 | 19.8% | 14.4% | 9.8% |
| 2024 | 23.0% | 19.0% | 14.0% |
| 2025 | 39.7% | 27.5% | 19.5% |
| 2026 | 46.8% | 44.6% | 27.0% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2007 | −9.6% | 3.9% | −5.8% |
| 2008 | −0.9% | 1.8% | −0.6% |
| 2009 | 8.5% | 5.5% | 8.1% |
| 2010 | −0.7% | 0.3% | −0.5% |
| 2011 | 1.9% | 0.1% | 1.5% |
| 2012 | 8.2% | 6.9% | 6.5% |
| 2013 | −7.0% | −4.6% | −5.3% |
| 2014 | −4.0% | −3.8% | −3.1% |
| 2015 | −18.0% | −14.3% | −13.3% |
| 2016 | 3.3% | 3.3% | 2.5% |
| 2017 | 0.8% | −2.8% | 0.6% |
| 2018 | −17.5% | −12.1% | −11.2% |
| 2019 | −11.6% | −7.0% | −7.1% |
| 2020 | −3.8% | −1.1% | −2.0% |
| 2021 | 16.1% | 18.2% | 10.3% |
| 2022 | −3.5% | −1.9% | −2.2% |
| 2023 | 13.9% | 15.1% | 8.4% |
| 2024 | 21.1% | 22.5% | 14.2% |
| 2025 | 29.8% | 36.7% | 18.6% |
| 2026 | 37.9% | 63.8% | 22.6% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 30 Jun 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ZAR 16.7150)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 11 Nov 2026, previously Strong
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.