AngloGold Ashanti plc (AU) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 26	$2.24	$2.52	+12.5%	—	$3.2B	—
Q4 25	$1.94	$1.9	-2.1%	—	$3.1B	—
Q3 25	$1.37	$1.32	-3.6%	—	$2.4B	—
Q2 25	$1.29	$1.25	-3.1%	—	$2.4B	—
Q1 25	$0.95	$0.88	-7.4%	—	$2B	—
Q4 24	$0.99	$0.89	-10.1%	—	$1.8B	—
Q3 24	$0.81	$0.56	-30.9%	—	$1.5B	—
Q2 24	$0.81	$0.6	-25.9%	—	$1.4B	—
Q2 22	$0.3	$0.29	-3.3%	—	$1.1B	—
Q1 22	$0.32	$0.42	+31.2%	—	$1.1B	—
Q3 21	$0.35	$0.38	+8.6%	—	—	—
Q2 21	$0.9	$0.39	-56.7%	—	$986M	—
Q2 20	$0.95	$0.63	-33.7%	—	$1.1B	—
Q2 16	$0.18	$0.12	-33.3%	—	—	—
Q1 16	$0.17	-$0.23	-235.3%	—	—	—
Q4 15	—	$0.16	—	—	$1B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$5.19	—	—	$9.9B	—
FY24	—	$2.33	—	—	$5.8B	—
FY23	—	-$0.56	—	—	$4.6B	—
FY22	—	$0.71	—	—	$4.5B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$4.2B	$3.4B	$3.3B	$3.5B	$4.6B	$4B	$4.5B	$4.6B	$5.8B	$9.9B
YoY change	+5.18%	-19.6%	-1.71%	+5.67%	+30.4%	-12.3%	+11.7%	+1.8%	+26.4%	+70.8%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	4.2B	3.4B	3.3B	3.5B	4.6B	4B	4.5B	4.6B	5.8B	9.9B
Cost of revenue	3.4B	2.6B	2.6B	2.6B	2.8B	2.9B	3.4B	3.6B	3.7B	5B
Gross profit	841M	787M	750M	904M	1.7B	1.2B	1.1B	1B	2.1B	4.9B
Gross margin	19.9%	23.2%	22.5%	25.6%	38%	29%	25.1%	22.4%	35.7%	49.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	101M	162M	102M	102M	85M	90M	87M	99M	162M	151M
Operating expenses	234M	255M	210M	243M	227M	310M	285M	414M	473M	558M
Operating income	539M	468M	497M	611M	1.5B	797M	833M	575M	1.6B	4.3B
Operating margin	12.8%	13.8%	14.9%	17.3%	32.6%	19.8%	18.5%	12.5%	26.8%	43.2%
Non-operating income, net	-112M	-7M	108M	166M	280M	210M	-293M	-482M	126M	75M
Pretax income	269M	328M	445M	619M	1.6B	949M	472M	63M	1.7B	4.3B
Income tax	189M	163M	212M	250M	625M	311M	221M	285M	623M	1.1B
Net income	80M	-171M	150M	-7M	1B	638M	251M	-222M	1B	3.2B
Net margin	1.89%	-5.04%	4.5%	-0.2%	22%	15.8%	5.58%	-4.85%	18.1%	32.1%
EBITDA	1.3B	1.2B	1.2B	1.4B	2.4B	1.1B	1.1B	1.6B	2.6B	6B
EPS	0.15	-0.46	0.32	-0.03	2.27	1.48	0.71	-0.56	2.33	5.19
Diluted EPS	0.15	-0.46	0.32	-0.03	2.27	1.48	0.71	-0.56	2.33	5.19

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 23	Q3 23	Q4 23	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.2B	1.1B	1.3B	1.4B	1.5B	1.8B	2B	2.4B	2.4B	3.1B	3.2B	3.1B
Cost of revenue	905M	854M	950M	914M	950M	973M	1.1B	1.2B	1.2B	1.4B	1.3B	1.4B
Gross profit	253M	286M	306M	467M	541M	777M	839M	1.2B	1.2B	1.6B	1.9B	1.7B
Gross margin	21.8%	25.1%	24.4%	33.8%	36.3%	44.4%	42.7%	49%	49.3%	53.6%	60%	54.9%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	24M	19M	36M	35M	20M	76M	27M	34M	32M	58M	44M	45M
Operating expenses	149M	413M	-223M	98M	138M	92M	92M	198M	166M	102M	129M	120M
Operating income	104M	-127M	491M	369M	403M	644M	747M	999M	1B	1.5B	1.8B	1.6B
Operating margin	8.98%	-11.1%	39.1%	26.7%	27%	36.8%	38.1%	40.9%	42.4%	48.8%	56.1%	51%
Non-operating income, net	-118M	-27M	-338M	46M	—	57M	-9M	52M	69M	-37M	188M	79M
Pretax income	-16M	-157M	144M	413M	394M	698M	729M	1B	1.1B	1.4B	1.9B	1.7B
Income tax	65M	65M	109M	151M	160M	204M	187M	240M	242M	433M	487M	468M
Net income	-81M	-222M	35M	262M	234M	494M	542M	806M	815M	1B	1.5B	1.2B
Net margin	-6.99%	-19.5%	2.79%	19%	15.7%	28.2%	27.6%	33%	33.7%	33%	45.2%	38.4%
EBITDA	188M	-37M	588M	473M	470M	702M	810M	1.1B	1.2B	1.6B	2.1B	1.7B
EPS	-0.2	-0.53	—	0.6	0.53	1.03	0.88	1.32	1.32	1.68	2.52	1.97
Diluted EPS	-0.2	-0.53	—	0.6	0.53	1.03	0.88	1.32	1.31	1.68	2.51	1.96

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	4.3B	4.2B	5.2B	9.3B	9.5B	8.8B	8.2B	7.9B	9.9B	—	46.9B
Enterprise value	6.3B	6.3B	6.9B	11.1B	10.2B	9.7B	9.2B	9.3B	10.7B	—	51.3B
Shares outstanding	412.6M	415.4M	417.1M	418.3M	419M	419.8M	420.2M	421.1M	430.9M	507.9M	507.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	54.2	—	34.9	—	9.39	13.8	32.5	—	9.48	—	12.5
P/S	1.03	1.25	1.57	2.65	2.06	2.19	1.81	1.72	1.72	—	3.99
P/B	1.57	1.57	1.94	3.49	2.51	2.15	2	2.1	1.17	—	5.32
EV/EBITDA	4.84	5.34	5.92	8.08	4.35	8.91	8.64	5.97	4.08	—	7.16
EV/Sales	1.49	1.85	2.08	3.14	2.23	2.42	2.05	2.04	1.84	—	4.34
Earnings yield	1.84%	—	2.87%	—	10.6%	7.24%	3.08%	—	10.5%	—	8%
FCF yield	11%	7.61%	5.39%	3.68%	10%	2.73%	9.51%	-0.9%	8.83%	—	8.43%
PEG	—	—	—	—	—	—	—	—	—	—	0.25

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	19.9%	23.2%	22.5%	25.6%	38%	29%	25.1%	22.4%	35.7%	49.2%	54.9%
Operating margin	12.8%	13.8%	14.9%	17.3%	32.6%	19.8%	18.5%	12.5%	26.8%	43.2%	51.2%
Net margin	1.89%	-5.04%	4.5%	-0.2%	22%	15.8%	5.58%	-4.85%	18.1%	32.1%	32.2%
ROE	2.9%	-6.32%	5.57%	-0.26%	26.7%	15.6%	6.16%	-5.94%	12.3%	32%	44.7%
ROA	1.12%	-2.37%	2.26%	-0.1%	13.1%	7.97%	3.13%	-2.72%	7.97%	21.1%	24.9%
ROIC	3.4%	4.95%	5.9%	8.25%	20.4%	10.6%	8.62%	0%	10.5%	34.1%	44.5%
Return on tangible assets	1.17%	-2.46%	2.34%	-0.11%	13.6%	8.22%	3.22%	-2.79%	8.09%	21.4%	29%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.53	2.05	1.55	1.38	2.43	2.59	2.43	2.1	2.19	2.87	2.71
Quick ratio	0.65	1.11	0.73	0.94	1.67	1.74	1.55	1.41	1.45	2.21	2.07
Debt / equity	0.79	0.84	0.76	0.82	0.55	0.51	0.53	0.65	0.25	0.23	0.17
Debt / assets	0.3	0.31	0.31	0.32	0.27	0.26	0.27	0.3	0.16	0.15	0.12
Net debt / EBITDA	1.5	1.75	1.46	1.27	0.32	0.86	1	0.93	0.28	-0.1	-0.15
Interest coverage	2.58	3.5	3.85	4.68	11.6	9.63	4.35	1.42	11.4	20.9	24.7
Effective tax rate	70.3%	49.7%	47.6%	40.4%	38.4%	32.8%	46.8%	100%	37.3%	25.8%	26.7%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	10.2	8.17	8	8.43	11	9.6	10.7	10.9	13.4	19.5	23.2
EPS (basic)	0.15	-0.46	0.32	-0.03	2.27	1.48	0.71	-0.56	2.33	5.19	5.19
EPS (diluted)	0.15	-0.46	0.32	-0.03	2.27	1.48	0.71	-0.56	2.33	5.19	7.46
Book value per share	6.67	6.51	6.46	6.4	9	9.77	9.7	8.88	19.8	19.5	17.5
FCF per share	1.15	0.78	0.68	0.82	2.27	0.57	1.85	-0.17	2.04	6.57	8.75
Cash per share	0.53	0.51	0.8	1.11	3.17	2.75	2.64	2.29	3.31	5.72	5.45
Capex per share	0.01	0.01	0.02	0.01	0.01	0.06	0.02	0.03	0.04	2.85	3.35

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.09%	0.09%	0.3%	0.09%	0.07%	0.62%	0.18%	0.31%	0.28%	14.6%	14.5%
Capex / operating cash flow	0.34%	0.28%	0.96%	0.24%	0.14%	0.88%	0.36%	1.85%	0.69%	30.3%	27.7%
Payout ratio	18.8%	-33.9%	26%	-614.3%	4.66%	37.6%	80.9%	-48.2%	23.3%	58.9%	61.7%
Dividend yield	0.35%	1.37%	0.75%	0.46%	0.5%	2.73%	2.49%	1.36%	2.45%	—	3.11%

Yield

3.11%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.72

ex-dividend Aug 21, 2026

Payout ratio

62%

of earnings

Dividend growth

2 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 21, 2026	$0.72
May 29, 2026	$1.16
Mar 13, 2026	$1.73

Period	Q2 23	Q3 23	Q4 23	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.2B	$1.1B	$1.3B	$1.4B	$1.5B	$1.8B	$2B	$2.4B	$2.4B	$3.1B	$3.2B	$3.1B
YoY change	+4.99%	—	—	+19.3%	+30.8%	+39.3%	—	+77%	+62.1%	+75.3%	+64.8%	+27%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	220M	212M	335M	466M	1.3B	1.2B	1.1B	964M	1.4B	2.9B
Receivables	35M	27M	33M	47M	56M	50M	20M	25M	47M	122M
Inventory	672M	683M	652M	632M	733M	703M	773M	829M	1.1B	1.1B
Total current assets	1.2B	1.5B	1.2B	2B	2.3B	2.1B	2.1B	2.5B	3.1B	4.7B
Property, plant & equipment	-7.3B	-7B	-7.4B	-7.1B	-5.6B	-5.1B	-6B	-7.1B	-7.2B	-8.2B
Goodwill & intangibles	290M	276M	246M	246M	262M	244M	212M	214M	196M	212M
Total assets	7.2B	7.2B	6.6B	6.9B	7.7B	8B	8B	8.2B	13.2B	15.1B
Accounts payable	381M	358M	350M	365M	403M	406M	391M	432M	566M	558M
Short-term debt	34M	38M	139M	779M	179M	112M	91M	289M	187M	101M
Total current liabilities	760M	729M	793M	1.4B	959M	827M	884M	1.2B	1.4B	1.6B
Long-term debt	2.1B	2.2B	1.9B	1.4B	1.9B	2B	2.1B	2.1B	2B	2.2B
Total liabilities	4.4B	4.5B	3.9B	4.2B	3.9B	3.9B	3.9B	4.4B	4.6B	5.2B
Shareholders' equity	2.8B	2.7B	2.7B	2.7B	3.8B	4.1B	4.1B	3.7B	8.5B	9.9B
Total debt	2.2B	2.3B	2B	2.2B	2.1B	2.1B	2.2B	2.4B	2.2B	2.3B
Net debt	2B	2.1B	1.7B	1.7B	754M	940M	1.1B	1.5B	728M	-624M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 23	Q2 23	Q4 23	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	813M	722M	964M	998M	1.2B	1.4B	1.5B	2B	2.5B	2.9B	3.2B	2.8B
Receivables	237M	317M	25M	280M	258M	47M	369M	435M	404M	122M	467M	557M
Inventory	792M	800M	829M	774M	832M	1.1B	1.1B	1B	1.1B	1.1B	1.1B	1.1B
Total current assets	1.9B	1.9B	2.5B	2.2B	2.4B	3.1B	3.2B	4B	4.5B	4.7B	4.8B	4.5B
Property, plant & equipment	4.5B	4.4B	-7.1B	4.7B	4.9B	-7.2B	8.8B	8.6B	8.6B	-7.2B	8.9B	9.1B
Goodwill & intangibles	104M	104M	214M	105M	109M	196M	99M	104M	105M	212M	110M	111M
Total assets	7.9B	7.9B	8.2B	8.4B	8.8B	13.2B	13.4B	14.1B	14.8B	15.1B	15.7B	15.6B
Accounts payable	603M	672M	432M	720M	822M	566M	822M	786M	925M	558M	966M	1B
Short-term debt	103M	94M	289M	293M	287M	187M	191M	167M	164M	101M	112M	76M
Total current liabilities	769M	857M	1.2B	1.2B	1.4B	1.4B	1.4B	1.3B	1.8B	1.6B	1.8B	1.7B
Long-term debt	2B	2B	2.1B	2B	2B	2B	2.1B	2.1B	2.2B	2.2B	2.2B	1.7B
Total liabilities	3.8B	3.9B	4.4B	4.4B	4.6B	4.6B	4.7B	4.8B	5.3B	5.2B	5.3B	4.8B
Shareholders' equity	4.1B	4.1B	3.7B	4B	4.2B	8.5B	8.7B	9.3B	9.6B	9.9B	10.4B	10.7B
Total debt	2.1B	2.1B	2.4B	2.3B	2.3B	2.2B	2.2B	2.3B	2.3B	2.3B	2.3B	1.8B
Net debt	1.3B	1.4B	1.5B	1.3B	1.1B	728M	755M	311M	-231M	-624M	-868M	-991M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	269M	328M	445M	619M	1.6B	958M	489M	63M	1.7B	4.3B
Depreciation & amortization	809M	690M	558M	583M	575M	477M	633M	658M	752M	1.3B
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	-179M	-153M	-122M	-165M	-238M	53M	-137M	-93M	-254M	-174M
Operating cash flow	1.2B	1.1B	1B	1.3B	2.2B	2.8B	2.2B	756M	2.3B	4.8B
Capital expenditure	4M	3M	10M	3M	3M	25M	8M	14M	16M	-1.4B
Investing cash flow	-1M	-43M	7M	6M	238M	22M	-530M	24M	210M	-1.3B
Dividends paid	-15M	-58M	-39M	-43M	-47M	-240M	-203M	-107M	-244M	-1.9B
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-763M	-148M	-393M	-177M	-329M	-456M	-323M	35M	-590M	-1.9B
Net change in cash	414M	882M	656M	1.1B	2.1B	2.4B	1.4B	815M	1.9B	1.6B
Free cash flow	475M	322M	282M	344M	952M	240M	776M	-71M	878M	3.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 23	Q3 23	Q4 23	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	-15M	—	—	—	—	—	—	—	—	—	—	—
Depreciation & amortization	160M	—	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-110M	—	—	—	—	—	—	—	—	—	—	—
Operating cash flow	259M	249M	306M	484M	615M	-1.2B	813M	1B	1.4B	1.6B	1.7B	1.4B
Capital expenditure	—	—	9M	—	0	15M	0	-350M	-342M	-454M	-428M	-487M
Investing cash flow	6M	-8M	9M	47M	37M	14M	78M	-303M	-283M	-475M	-428M	-462M
Dividends paid	-1M	-29M	-2M	0	-99M	-65M	-427M	-212M	-562M	-670M	-1B	-827M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-79M	-2M	202M	93M	-121M	-246M	-431M	-149M	-585M	-758M	-1B	-1.3B
Net change in cash	186M	239M	517M	624M	531M	-1.4B	460M	566M	551M	389M	235M	-336M
Free cash flow	-27M	18M	70M	170M	339M	357M	422M	668M	1.1B	1.2B	1.3B	945M

AngloGold Ashanti plc Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement