AngloGold Ashanti reported a gross margin of 54.86% and a net margin of 32.28% for the quarter ended Jun 2026. These financial ratios cover 16 quarters of results from Dec 2021 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Dec2021 | Jun2022 | Dec2022 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||
| Gross Margin | 24.25% | 21.85% | 25.09% | 24.71% | 25.79% | 33.82% | 36.28% | 40.40% | 42.74% | 48.96% | 49.32% | 53.55% | 60.04% | 54.86% | ||
| EBT Margin | -2.77% | -1.38% | -13.77% | -7.80% | 14.26% | 29.91% | 26.43% | 39.89% | 37.14% | 42.78% | 43.73% | 47.07% | 60.23% | 53.48% | ||
| EBIT Margin | 29.41% | 27.46% | -37.54% | -6.18% | -31.26% | 37.94% | -12.01% | -6.17% | 0.31% | 51.17% | 12.33% | 21.41% | 29.17% | 56.06% | ||
| EBITDA Margin | 29.41% | 27.46% | 109.91% | 52.92% | 112.89% | 37.94% | 50.03% | 50.51% | 50.74% | 51.17% | 64.38% | 70.89% | 70.80% | 56.06% | ||
| Operating Margin | 29.41% | 27.46% | -37.54% | -6.18% | -31.26% | 37.94% | -12.01% | -6.17% | 0.31% | 51.17% | 12.33% | 21.41% | 29.17% | 56.06% | ||
| Net Margin | -2.94% | -7.17% | -19.65% | -8.18% | 4.95% | 18.32% | 14.96% | 26.86% | 22.57% | 27.36% | 27.68% | 27.87% | 39.59% | 32.28% | ||
| FCF Margin | 22.74% | 24.04% | 18.42% | 21.52% | 30.41% | 40.64% | 39.43% | 36.93% | 41.64% | 58.71% | 52.87% | 52.81% | 46.13% | |||
| Efficiency | ||||||||||||||||
| Inventory AverageInventory Avg. | 0.37B | 0.36B | 0.40B | 0.40B | 0.00B | 0.02B | 0.09B | 0.15B | 0.15B | 0.16B | 0.17B | 0.19B | 0.21B | |||
| Assets AverageAssets Avg. | 8.12B | 7.86B | 8.12B | 8.61B | 11.04B | 13.35B | 13.80B | 14.48B | 14.96B | 15.39B | 15.63B | |||||
| Invested CapitalInvested Cap. | 6.01B | 6.26B | 6.06B | 5.83B | 5.68B | 5.99B | 5.70B | 6.14B | 6.32B | 10.53B | 10.72B | 11.41B | 11.59B | 11.98B | 12.46B | 12.32B |
| Asset Utilization RatioAsset Util. | 0.75 | 0.75 | 0.52 | 0.49 | 0.55 | 0.59 | 0.66 | 0.73 | 0.76 | |||||||
| Leverage & Solvency | ||||||||||||||||
| Interest Coverage RatioInterest Cover | 5.55 | 3.89 | 4.15 | -0.43 | -4.81 | -10.60 | -37.76 | |||||||||
| Debt Ratio | 0.24 | 0.24 | 0.24 | 0.25 | 0.25 | 0.26 | 0.24 | 0.15 | 0.15 | 0.15 | 0.14 | 0.14 | 0.13 | 0.10 | ||
| Times Interest Earned | 5.55 | 3.89 | 4.15 | -0.43 | -4.81 | -10.60 | -37.76 | |||||||||
| Dividends & Payouts | ||||||||||||||||
| Dividend Coverage RatioDiv. Cover | 0.51 | 7.72 | 6.32 | -0.73 | -2.25 | -7.23 | -1.04 | 0.63 | -1.19 | -1.28 | -1.25 | 0.35 | ||||
| FCF Payout RatioFCF Cover | -0.25 | -0.11 | -0.07 | -0.32 | -0.16 | -0.09 | -0.59 | 1.05 | -0.40 | -0.41 | -0.60 | 2.01 | ||||
| Dividend YieldDiv. Yield | -1.64% | -0.44% | -0.40% | -0.86% | -0.89% | -0.56% | -2.28% | 4.65% | -1.59% | -1.56% | -2.09% | 7.05% | ||||
| Payout Ratio | 1.94 | 0.13 | 0.16 | -1.38 | -0.44 | -0.14 | -0.96 | 1.59 | -0.84 | -0.78 | -0.80 | 2.87 | ||||
| Valuation | ||||||||||||||||
| Price to EarningsP/E | -118.26 | -106.77 | -29.64 | -40.02 | 160.66 | 41.69 | 50.12 | 24.73 | 42.19 | 34.30 | 52.93 | 50.37 | 38.38 | 40.77 | ||
| Price to SalesP/S | 3.48 | 7.65 | 5.82 | 3.27 | 7.96 | 7.64 | 7.50 | 6.64 | 9.52 | 9.38 | 14.65 | 14.04 | 15.19 | 13.16 | ||
| Price to BookP/B | 2.15 | 1.46 | 2.00 | 2.27 | 1.81 | 2.10 | 2.52 | 2.64 | 2.68 | 1.37 | 2.15 | 2.47 | 3.71 | 4.34 | 4.74 | 3.80 |
| Enterprise Value | 7.71B | 4.94B | 7.09B | 8.15B | 5.91B | 6.55B | 8.32B | 9.30B | 9.70B | 11.88B | 18.96B | 22.63B | 34.59B | 41.79B | 47.65B | 39.68B |
| EV to EBIT | 10.27 | 25.62 | -13.80 | -44.27 | -22.73 | 17.75 | -54.20 | -109.98 | 0.00B | 18.09 | 116.07 | 63.60 | 50.47 | 22.80 | ||
| EV to EBITDA | 10.27 | 25.62 | 4.71 | 5.17 | 6.29 | 17.75 | 13.00 | 13.44 | 19.04 | 18.09 | 22.23 | 19.21 | 20.80 | 22.80 | ||
| Market Capitalization | 8.81B | 6.21B | 8.16B | 8.86B | 6.64B | 7.84B | 9.32B | 10.55B | 11.18B | 11.62B | 18.69B | 22.95B | 35.41B | 43.07B | 49.17B | 40.85B |
| Price to FCFP/FCF | 15.30 | 24.23 | 17.77 | 36.98 | 25.11 | 18.44 | 16.84 | 25.78 | 22.54 | 24.96 | 26.55 | 28.77 | 28.53 | |||
| EV to FCF | 13.28 | 21.56 | 14.84 | 33.02 | 22.14 | 16.01 | 17.21 | 26.15 | 22.23 | 24.38 | 25.76 | 27.88 | 27.71 | |||
| EV to CFO | 13.28 | 21.56 | 16.22 | 33.02 | 22.14 | 16.01 | 17.21 | 26.15 | 22.23 | 24.38 | 25.76 | 27.88 | 27.71 | |||
| Return Ratios | ||||||||||||||||
| Return on Sales [ROS]ROS | 29.41% | 27.46% | -37.54% | -6.18% | -31.26% | 37.94% | -12.01% | -6.17% | 0.31% | 51.17% | 12.33% | 21.41% | 29.17% | 56.06% | ||
| Return on Capital Employed [ROCE]ROCE | -5.28% | -2.02% | -1.36% | 1.83% | 7.79% | 10.31% | 16.59% | 20.51% | 26.07% | |||||||
| Return on Invested Capital [ROIC]ROIC | -0.10% | 12.11% | -21.95% | -4.76% | -2.10% | 3.01% | 11.18% | 15.69% | 23.60% | 32.35% | 37.20% | |||||
| Return on Assets [ROA]ROA | 9.04% | 16.02% | 20.78% | 22.00% | 26.51% | 30.40% | 35.96% | 44.82% | 49.52% |