Harmony Gold Mining Net Income
| HMY Stock | USD 20.99 1.28 6.49% |
As of the 14th of February 2026, Harmony Gold retains the Risk Adjusted Performance of 0.08, downside deviation of 4.48, and Market Risk Adjusted Performance of 0.1829. Harmony Gold technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.
Harmony Gold Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 2.6561 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 16.5 B | 17.4 B | |
| Net Income Applicable To Common Shares | 16.5 B | 17.4 B | |
| Net Income From Continuing Ops | 10 B | 10.5 B | |
| Net Income Per Share | 20.59 | 21.62 | |
| Net Income Per E B T | 0.78 | 1.07 |
Harmony | Net Income | Build AI portfolio with Harmony Stock |
The evolution of Net Income for Harmony Gold Mining provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Harmony Gold compares to historical norms and industry peers.
Latest Harmony Gold's Net Income Growth Pattern
Below is the plot of the Net Income of Harmony Gold Mining over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Harmony Gold Mining financial statement analysis. It represents the amount of money remaining after all of Harmony Gold Mining operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Harmony Gold's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Harmony Gold's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 14.38 B | 10 Years Trend |
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Net Income |
| Timeline |
Harmony Net Income Regression Statistics
| Arithmetic Mean | 3,140,321,974 | |
| Geometric Mean | 2,299,225,441 | |
| Coefficient Of Variation | 225.83 | |
| Mean Deviation | 5,640,746,842 | |
| Median | 221,267,750 | |
| Standard Deviation | 7,091,747,923 | |
| Sample Variance | 50292888.6T | |
| Range | 22.2B | |
| R-Value | 0.75 | |
| Mean Square Error | 23383959.2T | |
| R-Squared | 0.56 | |
| Significance | 0.0005 | |
| Slope | 1,054,782,327 | |
| Total Sum of Squares | 804686217.7T |
Harmony Net Income History
Other Fundumenentals of Harmony Gold Mining
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Harmony Gold Net Income component correlations
Harmony Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Harmony Gold is extremely important. It helps to project a fair market value of Harmony Stock properly, considering its historical fundamentals such as Net Income. Since Harmony Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Harmony Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Harmony Gold's interrelated accounts and indicators.
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Harmony Gold. Market participants price Harmony higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Harmony Gold assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 1.467 | Dividend Share 3.82 | Earnings Share 1.44 | Revenue Per Share | Quarterly Revenue Growth 0.227 |
Harmony Gold Mining's market price often diverges from its book value, the accounting figure shown on Harmony's balance sheet. Smart investors calculate Harmony Gold's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Harmony Gold's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Harmony Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harmony Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harmony Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Harmony Gold 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Harmony Gold's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Harmony Gold.
| 11/16/2025 |
| 02/14/2026 |
If you would invest 0.00 in Harmony Gold on November 16, 2025 and sell it all today you would earn a total of 0.00 from holding Harmony Gold Mining or generate 0.0% return on investment in Harmony Gold over 90 days. Harmony Gold is related to or competes with Coeur Mining, Royal Gold, Alcoa Corp, Hecla Mining, IAMGold, Equinox Gold, and Suzano Papel. Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of gold More
Harmony Gold Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Harmony Gold's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Harmony Gold Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.48 | |||
| Information Ratio | 0.0719 | |||
| Maximum Drawdown | 20.68 | |||
| Value At Risk | (8.23) | |||
| Potential Upside | 6.49 |
Harmony Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harmony Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Harmony Gold's standard deviation. In reality, there are many statistical measures that can use Harmony Gold historical prices to predict the future Harmony Gold's volatility.| Risk Adjusted Performance | 0.08 | |||
| Jensen Alpha | 0.2286 | |||
| Total Risk Alpha | 0.0505 | |||
| Sortino Ratio | 0.0647 | |||
| Treynor Ratio | 0.1729 |
Harmony Gold February 14, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.08 | |||
| Market Risk Adjusted Performance | 0.1829 | |||
| Mean Deviation | 2.98 | |||
| Semi Deviation | 4.28 | |||
| Downside Deviation | 4.48 | |||
| Coefficient Of Variation | 1120.06 | |||
| Standard Deviation | 4.03 | |||
| Variance | 16.25 | |||
| Information Ratio | 0.0719 | |||
| Jensen Alpha | 0.2286 | |||
| Total Risk Alpha | 0.0505 | |||
| Sortino Ratio | 0.0647 | |||
| Treynor Ratio | 0.1729 | |||
| Maximum Drawdown | 20.68 | |||
| Value At Risk | (8.23) | |||
| Potential Upside | 6.49 | |||
| Downside Variance | 20.1 | |||
| Semi Variance | 18.34 | |||
| Expected Short fall | (3.01) | |||
| Skewness | (0.69) | |||
| Kurtosis | 1.27 |
Harmony Gold Mining Backtested Returns
Harmony Gold appears to be not too volatile, given 3 months investment horizon. Harmony Gold Mining holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Harmony Gold Mining, which you can use to evaluate the volatility of the firm. Please utilize Harmony Gold's Risk Adjusted Performance of 0.08, market risk adjusted performance of 0.1829, and Downside Deviation of 4.48 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Harmony Gold holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 2.02, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Harmony Gold will likely underperform. Please check Harmony Gold's potential upside, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Harmony Gold's current trending patterns will revert.
Auto-correlation | 0.24 |
Weak predictability
Harmony Gold Mining has weak predictability. Overlapping area represents the amount of predictability between Harmony Gold time series from 16th of November 2025 to 31st of December 2025 and 31st of December 2025 to 14th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Harmony Gold Mining price movement. The serial correlation of 0.24 indicates that over 24.0% of current Harmony Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 2.25 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Harmony Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Harmony Gold Mining reported net income of 14.38 B. This is 119623.93% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The net income for all United States stocks is significantly lower than that of the firm.
Harmony Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Harmony Gold's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Harmony Gold could also be used in its relative valuation, which is a method of valuing Harmony Gold by comparing valuation metrics of similar companies.Harmony Gold is currently under evaluation in net income category among its peers.
Harmony Gold ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Harmony Gold's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Harmony Gold's managers, analysts, and investors.Environmental | Governance | Social |
Harmony Gold Institutional Holders
Institutional Holdings refers to the ownership stake in Harmony Gold that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Harmony Gold's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Harmony Gold's value.| Shares | Jpmorgan Chase & Co | 2025-06-30 | 2.1 M | Man Group Plc | 2025-06-30 | 2 M | Lazard Asset Management Llc | 2025-06-30 | 1.8 M | Mackenzie Investments | 2025-06-30 | 1.6 M | Voloridge Investment Management, Llc | 2025-06-30 | 1.3 M | Qube Research & Technologies | 2025-06-30 | 1.1 M | Alps Advisors Inc | 2025-06-30 | 1 M | Marshall Wace Asset Management Ltd | 2025-06-30 | 1 M | Connor Clark & Lunn Inv Mgmt Ltd | 2025-06-30 | 1 M | Van Eck Associates Corporation | 2025-06-30 | 46.4 M | Exor Investments (uk) Llp | 2025-06-30 | 18.2 M |
Harmony Fundamentals
| Return On Equity | 0.33 | ||||
| Return On Asset | 0.19 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.30 % | ||||
| Current Valuation | 12.27 B | ||||
| Shares Outstanding | 624.58 M | ||||
| Shares Owned By Institutions | 21.70 % | ||||
| Number Of Shares Shorted | 7.45 M | ||||
| Price To Earning | 8.21 X | ||||
| Price To Book | 4.32 X | ||||
| Price To Sales | 0.18 X | ||||
| Revenue | 73.9 B | ||||
| Gross Profit | 29.3 B | ||||
| EBITDA | 26.27 B | ||||
| Net Income | 14.38 B | ||||
| Cash And Equivalents | 13.1 B | ||||
| Cash Per Share | 3.97 X | ||||
| Total Debt | 2.23 B | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 1.51 X | ||||
| Book Value Per Share | 4.85 X | ||||
| Cash Flow From Operations | 22.65 B | ||||
| Short Ratio | 1.57 X | ||||
| Earnings Per Share | 1.44 X | ||||
| Target Price | 24.14 | ||||
| Number Of Employees | 34.35 K | ||||
| Beta | 0.58 | ||||
| Market Capitalization | 13.11 B | ||||
| Total Asset | 77.5 B | ||||
| Retained Earnings | 14.58 B | ||||
| Working Capital | 4.14 B | ||||
| Current Asset | 3.47 B | ||||
| Current Liabilities | 2.03 B | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 77.5 B | ||||
| Last Dividend Paid | 3.82 |
About Harmony Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Harmony Gold Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Harmony Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Harmony Gold Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Harmony Gold's price analysis, check to measure Harmony Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harmony Gold is operating at the current time. Most of Harmony Gold's value examination focuses on studying past and present price action to predict the probability of Harmony Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmony Gold's price. Additionally, you may evaluate how the addition of Harmony Gold to your portfolios can decrease your overall portfolio volatility.