Harmony Gold Mining (HMY) Return on Equity (ROE)

Price: $14.06
Market Cap: $8.83B
Avg Volume: 7.14M
Country: ZA
Industry: Gold
Sector: Basic Materials
Beta: 1.345
52W Range: $7.97-14.38
Website: Harmony Gold Mining

Return on Equity (ROE) Summary

Harmony Gold Mining's ROE measures the return generated on shareholders' equity:

  • Annual: 21.06%
  • Quarterly: 6.54%
  • TTM: 28.75%

What is Return on Equity (ROE)?

Return on Equity measures a company's ability to generate profits from its shareholders' equity. It indicates how effectively the management is using the company’s assets to create profits. A higher ROE generally reflects well on the company’s management and its ability to generate profits without needing as much capital.

Related Metrics

Other important metrics to assess Harmony Gold Mining's profitability include:

  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 17.10%
    • Quarterly: 8.53%
    • TTM: 26.82%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 14.20%
    • Quarterly: 4.41%
    • TTM: 19.13%
  • Profit Margin - indicates the profitability of the company relative to its revenue:
    • Annual: 13.99%
    • Quarterly: 8.95%
    • TTM: 14.93%

These metrics provide insights into Harmony Gold Mining's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROE

21.06%

Quarterly ROE

6.54%

TTM ROE

28.75%

Harmony Gold Mining Historical ROE
28.87%28.87%21.06%21.06%13.25%13.25%5.44%5.44%-2.38%-2.38%-10.19%-10.19%-18.00%-18.00%ROE201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROIC
17.10%17.10%10.91%10.91%4.72%4.72%-1.47%-1.47%-7.66%-7.66%-13.85%-13.85%ROIC201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROA
19.71%19.71%14.20%14.20%8.70%8.70%3.19%3.19%-2.31%-2.31%-7.82%-7.82%-13.32%-13.32%ROA201620162017201720182018201920192020202020212021202220222023202320242024

Harmony Gold Mining Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROE ROIC ROA Profit Margin
2024 21.06% 17.10% 14.20% 13.99%
2023 13.87% 10.37% 8.42% 9.78%
2022 -3.50% -1.72% -2.25% -2.47%
2021 16.08% 11.20% 10.28% 12.19%
2020 -3.76% -1.37% -1.96% -3.00%
2019 -11.56% -7.18% -7.12% -9.75%
2018 -17.49% -11.96% -11.22% -20.27%
2017 0.76% 2.45% 0.57% 1.20%
2016 3.34% 2.69% 2.54% 5.06%
2015 -18.00% -13.85% -13.32% -29.38%

Related Metrics

Explore detailed financial metrics and analysis for HMY.