AngloGold Ashanti Plc (AU) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
AngloGold Ashanti Plc (AU) stock price & volume — 10-year historical chart
AngloGold Ashanti Plc (AU) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
AngloGold Ashanti Plc (AU) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 20, 2026 | $1.90vs $1.98-4.0% | $3.0Bvs $3.0B-0.7% |
| Q4 2025 | Nov 11, 2025 | $1.32vs $1.34-1.5% | $2.4Bvs $2.8B-15.0% |
| Q3 2025 | Aug 1, 2025 | $1.25vs $1.31-4.6% | $2.4Bvs $2.4B+1.2% |
| Q2 2025 | May 9, 2025 | $0.88vs $0.84+4.8% | $2.0Bvs $1.8B+6.7% |
AngloGold Ashanti Plc (AU) competitors in Large and mid-tier gold producers — business model, growth, and fundamentals comparison
AngloGold Ashanti Plc (AU) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AngloGold Ashanti Plc (AU) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 3.39B | 3.34B | 3.52B | 4.59B | 4.03B | 4.5B | 4.58B | 5.79B | 9.89B |
| Revenue Growth % | -19.63% | -1.71% | 5.67% | 30.35% | -12.32% | 11.72% | 1.8% | 26.43% | 70.78% |
| Cost of Goods Sold | 2.6B | 2.58B | 2.62B | 2.85B | 2.86B | 3.37B | 3.56B | 3.73B | 5.29B |
| COGS % of Revenue | 76.64% | 77.34% | 74.35% | 61.98% | 70.91% | 74.92% | 77.59% | 64.32% | 53.46% |
| Gross Profit | 793M▲ 0% | 756M▼ 4.7% | 904M▲ 19.6% | 1.75B▲ 93.3% | 1.17B▼ 32.9% | 1.13B▼ 3.7% | 1.03B▼ 9.0% | 2.07B▲ 101.3% | 4.6B▲ 122.7% |
| Gross Margin % | 23.36% | 22.66% | 25.65% | 38.02% | 29.09% | 25.08% | 22.41% | 35.68% | 46.54% |
| Gross Profit Growth % | -5.14% | -4.67% | 19.58% | 93.25% | -32.91% | -3.67% | -9.03% | 101.27% | 122.74% |
| Operating Expenses | 336M | 188M | 283M | 250M | 237M | 610M | 452M | 514M | 138M |
| OpEx % of Revenue | 9.9% | 5.64% | 8.03% | 5.44% | 5.88% | 13.55% | 9.86% | 8.87% | 1.39% |
| Selling, General & Admin | 169M | 174M | 102M | 85M | 0 | 87M | 99M | 162M | 138M |
| SG&A % of Revenue | 4.98% | 5.22% | 2.89% | 1.85% | - | 1.93% | 2.16% | 2.8% | 1.39% |
| Research & Development | 11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 0.32% | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -76M | -53M | 181M | 165M | 237M | 523M | 353M | 352M | 0 |
| Operating Income | 542M▲ 0% | 493M▼ 9.0% | 621M▲ 26.0% | 1.5B▲ 141.1% | 935M▼ 37.5% | 519M▼ 44.5% | 575M▲ 10.8% | 1.55B▲ 170.1% | 4.47B▲ 187.6% |
| Operating Margin % | 15.97% | 14.78% | 17.62% | 32.58% | 23.21% | 11.53% | 12.55% | 26.81% | 45.14% |
| Operating Income Growth % | -0.37% | -9.04% | 25.96% | 141.06% | -37.54% | -44.49% | 10.79% | 170.09% | 187.57% |
| EBITDA | 1.36B | 1.07B | 1.2B | 2.07B | 1.35B | 1.16B | 1.23B | 2.31B | 5.48B |
| EBITDA Margin % | 40.22% | 32.22% | 34.16% | 45.09% | 33.53% | 25.68% | 26.91% | 39.79% | 55.4% |
| EBITDA Growth % | 0.89% | -21.25% | 12% | 72.09% | -34.8% | -14.43% | 6.66% | 86.94% | 137.79% |
| D&A (Non-Cash Add-back) | 823M | 582M | 583M | 575M | 416M | 637M | 658M | 752M | 1.01B |
| EBIT | 542M | 493M | 787M | 1.78B | 811M | 613M | 214M | 1.83B | 4.47B |
| Net Interest Income | -127M | -160M | -129M | -111M | -58M | -64M | -4M | -7M | -68M |
| Interest Income | 15M | 123M | 14M | 27M | 52M | 77M | 127M | 154M | 152M |
| Interest Expense | 142M | 166M | 143M | 138M | 110M | 141M | 131M | 161M | 220M |
| Other Income/Expense | -138M | -45M | -2M | 130M | 14M | -47M | -512M | 119M | -190M |
| Pretax Income | 328M▲ 0% | 445M▲ 35.7% | 619M▲ 39.1% | 1.63B▲ 162.8% | 949M▼ 41.7% | 472M▼ 50.3% | 63M▼ 86.7% | 1.67B▲ 2554.0% | 4.28B▲ 155.7% |
| Pretax Margin % | 9.66% | 13.34% | 17.56% | 35.41% | 23.55% | 10.49% | 1.37% | 28.86% | 43.22% |
| Income Tax | 163M | 212M | 250M | 625M | 311M | 221M | 285M | 623M | 1.1B |
| Effective Tax Rate % | 49.7% | 47.64% | 40.39% | 38.41% | 32.77% | 46.82% | 452.38% | 37.26% | 25.77% |
| Net Income | 145M▲ 0% | 216M▲ 49.0% | -7M▼ 103.2% | 1.01B▲ 14514.3% | 614M▼ 39.1% | 233M▼ 62.1% | -235M▼ 200.9% | 1B▲ 527.2% | 2.64B▲ 162.5% |
| Net Margin % | 4.27% | 6.47% | -0.2% | 21.96% | 15.24% | 5.18% | -5.13% | 17.33% | 26.65% |
| Net Income Growth % | 130.16% | 48.97% | -103.24% | 14514.29% | -39.15% | -62.05% | -200.86% | 527.23% | 162.55% |
| Net Income (Continuing) | 165M | 233M | 369M | 1B | 638M | 251M | -222M | 1.05B | 3.17B |
| Discontinued Operations | 0 | 0 | -376M | 7M | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 41M | 42M | 36M | 45M | 54M | 35M | 29M | 1.88B | 1.82B |
| EPS (Diluted) | 0.35▲ 0% | 0.52▲ 48.6% | 0.87▲ 67.3% | 2.34▲ 169.0% | 1.46▼ 37.6% | 0.55▼ 62.3% | -0.56▼ 201.8% | 2.33▲ 516.1% | 5.19▲ 122.7% |
| EPS Growth % | 133.33% | 48.57% | 67.31% | 168.97% | -37.61% | -62.33% | -201.82% | 516.07% | 122.75% |
| EPS (Basic) | 0.35 | 0.52 | 0.87 | 2.35 | 1.46 | 0.55 | -0.56 | 2.33 | 5.19 |
| Diluted Shares Outstanding | 415.44M | 417.38M | 418.35M | 419.48M | 420.06M | 420.87M | 421.11M | 430.92M | 507.9M |
| Basic Shares Outstanding | 415.44M | 417.12M | 418.35M | 419.48M | 420.06M | 420.87M | 419.64M | 430.13M | 507.9M |
| Dividend Payout Ratio | 26.9% | 11.11% | - | 4.66% | 39.09% | 87.12% | - | 24.3% | 70.98% |
AngloGold Ashanti Plc (AU) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.49B | 1.23B | 1.98B | 2.33B | 2.14B | 2.15B | 2.17B | 3.15B | 4.65B |
| Cash & Short-Term Investments | 212M | 335M | 466M | 1.37B | 1.15B | 1.11B | 964M | 1.43B | 2.93B |
| Cash Only | 205M | 329M | 456M | 1.37B | 1.15B | 1.11B | 964M | 1.43B | 2.93B |
| Short-Term Investments | 7M | 6M | 10M | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 222M | 209M | 250M | 173M | 216M | 179M | 300M | 571M | 136M |
| Days Sales Outstanding | 23.87 | 22.87 | 25.89 | 13.74 | 19.57 | 14.52 | 23.9 | 35.98 | 5.02 |
| Inventory | 683M | 652M | 632M | 733M | 703M | 773M | 829M | 1.05B | 1.08B |
| Days Inventory Outstanding | 95.85 | 92.24 | 88.01 | 93.94 | 89.81 | 83.67 | 85.12 | 103.35 | 74.26 |
| Other Current Assets | 314M | -11M | 573M | 0 | 26M | 27M | 40M | 38M | 507M |
| Total Non-Current Assets | 5.73B | 5.42B | 4.88B | 5.34B | 5.87B | 5.87B | 6B | 10.01B | 10.43B |
| Property, Plant & Equipment | 3.74B | 3.38B | 2.75B | 3.03B | 3.68B | 4.36B | 4.56B | 8.63B | 8.7B |
| Fixed Asset Turnover | 0.91x | 0.99x | 1.28x | 1.52x | 1.09x | 1.03x | 1.00x | 0.67x | 1.14x |
| Goodwill | 127M | 116M | 116M | 126M | 119M | 105M | 105M | 95M | 0 |
| Intangible Assets | 11M | 7M | 7M | 5M | 3M | 1M | 2M | 3M | 106M |
| Long-Term Investments | 1.58B | 1.67B | 1.66B | 1.87B | 1.76B | 1.09B | 600M | 584M | 982M |
| Other Non-Current Assets | 257M | 243M | 246M | 304M | 296M | 281M | 683M | 680M | 535M |
| Total Assets | 7.22B▲ 0% | 6.64B▼ 8.0% | 6.86B▲ 3.3% | 7.67B▲ 11.8% | 8.01B▲ 4.4% | 8.01B▲ 0.1% | 8.18B▲ 2.0% | 13.16B▲ 60.9% | 15.08B▲ 14.6% |
| Asset Turnover | 0.47x | 0.50x | 0.51x | 0.60x | 0.50x | 0.56x | 0.56x | 0.44x | 0.66x |
| Asset Growth % | 0.92% | -7.98% | 3.31% | 11.79% | 4.37% | 0.07% | 2.02% | 60.94% | 14.6% |
| Total Current Liabilities | 855M | 793M | 1.71B | 959M | 827M | 884M | 1.21B | 1.44B | 1.62B |
| Accounts Payable | 358M | 350M | 365M | 403M | 406M | 356M | 432M | 566M | 1B |
| Days Payables Outstanding | 50.24 | 49.52 | 50.83 | 51.65 | 51.87 | 38.53 | 44.35 | 55.45 | 69.08 |
| Short-Term Debt | 38M | 139M | 734M | 179M | 51M | 20M | 216M | 111M | 101M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 22M | 29M | 53M | 224M | 76M | 87M | 95M | 129M | 141M |
| Current Ratio | 1.75x | 1.55x | 1.16x | 2.43x | 2.59x | 2.43x | 1.80x | 2.19x | 2.87x |
| Quick Ratio | 0.95x | 0.73x | 0.79x | 1.67x | 1.74x | 1.55x | 1.12x | 1.45x | 2.20x |
| Cash Conversion Cycle | 69.48 | 65.59 | 63.07 | 56.03 | 57.51 | 59.65 | 64.66 | 83.88 | 10.19 |
| Total Non-Current Liabilities | 3.79B | 3.16B | 2.75B | 2.97B | 3.08B | 3.05B | 3.23B | 3.2B | 3.54B |
| Long-Term Debt | 2.16B | 1.91B | 1.3B | 1.79B | 1.86B | 1.97B | 2.03B | 1.9B | 2.18B |
| Capital Lease Obligations | 0 | 0 | 126M | 116M | 124M | 115M | 98M | 65M | 155M |
| Deferred Tax Liabilities | 363M | 315M | 241M | 246M | 313M | 300M | 395M | 519M | 600M |
| Other Non-Current Liabilities | 1.19B | 930M | 1.08B | 822M | 784M | 674M | 705M | 719M | 607M |
| Total Liabilities | 4.51B | 3.95B | 4.19B | 3.93B | 3.91B | 3.94B | 4.43B | 4.64B | 5.16B |
| Total Debt | 2.27B | 2.05B | 2.2B | 2.08B | 2.09B | 2.17B | 2.42B | 2.15B | 2.44B |
| Net Debt | 2.06B | 1.72B | 1.75B | 712M | 940M | 1.06B | 1.46B | 728M | -492M |
| Debt / Equity | 0.84x | 0.76x | 0.82x | 0.56x | 0.51x | 0.53x | 0.65x | 0.25x | 0.25x |
| Debt / EBITDA | 1.66x | 1.91x | 1.83x | 1.01x | 1.55x | 1.88x | 1.96x | 0.93x | 0.44x |
| Net Debt / EBITDA | 1.51x | 1.60x | 1.45x | 0.34x | 0.70x | 0.92x | 1.18x | 0.32x | -0.09x |
| Interest Coverage | 3.82x | 2.97x | 4.34x | 10.85x | 8.50x | 3.68x | 4.39x | 9.65x | 20.30x |
| Total Equity | 2.7B▲ 0% | 2.69B▼ 0.4% | 2.68B▼ 0.7% | 3.74B▲ 39.8% | 4.1B▲ 9.7% | 4.08B▼ 0.6% | 3.74B▼ 8.2% | 8.51B▲ 127.6% | 9.92B▲ 16.5% |
| Equity Growth % | -1.82% | -0.37% | -0.67% | 39.76% | 9.65% | -0.63% | -8.22% | 127.62% | 16.48% |
| Book Value per Share | 6.51 | 6.45 | 6.40 | 8.92 | 9.76 | 9.68 | 8.88 | 19.76 | 19.52 |
| Total Shareholders' Equity | 2.66B | 2.65B | 2.64B | 3.69B | 4.05B | 4.04B | 3.71B | 6.63B | 8.09B |
| Common Stock | 16M | 16M | 17M | 17M | 0 | 0 | 420M | 526M | 554M |
| Retained Earnings | 0 | 0 | 0 | -2.34B | 0 | -1.77B | -2.15B | -1.32B | 7.54B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -4.47B | -4.52B | -4.56B | -1.18B | 4.05B | 5.81B | 5.44B | 7.42B | 0 |
| Minority Interest | 41M | 42M | 36M | 45M | 54M | 35M | 29M | 1.88B | 1.82B |
AngloGold Ashanti Plc (AU) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 997M | 857M | 927M | 1.69B | 1.22B | 1.8B | 971M | 1.97B | 4.71B |
| Operating CF Margin % | 29.38% | 25.69% | 26.3% | 36.82% | 30.35% | 40.04% | 21.19% | 33.97% | 47.63% |
| Operating CF Growth % | -15.94% | -14.04% | 8.17% | 82.52% | -27.72% | 47.34% | -46.12% | 102.68% | 139.43% |
| Net Income | -191M | 133M | 364M | 1.63B | 622M | 233M | -235M | 1B | 2.64B |
| Depreciation & Amortization | 712M | 582M | 602M | 575M | 477M | 637M | 681M | 784M | 1.01B |
| Stock-Based Compensation | 33M | 35M | 0 | 0 | 0 | 0 | 15M | 28M | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 596M | 183M | 126M | -272M | 71M | 1.07B | 685M | 412M | 1.06B |
| Working Capital Changes | -153M | -76M | -165M | -238M | 53M | -140M | -175M | -260M | 0 |
| Change in Receivables | -86M | -74M | -138M | -163M | -49M | -152M | 0 | -182M | 0 |
| Change in Inventory | -67M | -2M | -67M | -83M | 58M | -54M | 0 | -78M | 0 |
| Change in Payables | -3M | -46M | 40M | 8M | 44M | 66M | 0 | 0 | 0 |
| Cash from Investing | -862M | -335M | -751M | -514M | -1.01B | -1.56B | -897M | -762M | -1.27B |
| Capital Expenditures | -675M | -575M | -703M | -740M | -1.03B | -1.54B | -1.04B | -1.09B | -1.61B |
| CapEx % of Revenue | 19.89% | 17.24% | 19.94% | 16.1% | 25.52% | 34.33% | 22.74% | 18.82% | 16.24% |
| Acquisitions | 7M | 10M | 3M | 29M | 25M | 8M | 14M | 66M | 91M |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -187M | 240M | -60M | 196M | -15M | -1M | 111M | 292M | 19M |
| Cash from Financing | -148M | -393M | -49M | -329M | -345M | -224M | -87M | -727M | -1.94B |
| Debt Issued (Net) | 48M | -214M | 45M | -131M | -33M | 71M | 162M | -345M | 40M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 0 |
| Dividends Paid | -39M | -24M | -27M | -47M | -240M | -203M | -107M | -244M | -1.87B |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | -19M | 0 | 0 |
| Other Financing | -157M | -155M | -67M | -151M | -72M | -92M | -123M | -138M | -109M |
| Net Change in Cash | -10M▲ 0% | 124M▲ 1340.0% | 129M▲ 4.0% | 874M▲ 577.5% | -192M▼ 122.0% | -45M▲ 76.6% | -151M▼ 235.6% | 442M▲ 392.7% | 1.48B▲ 235.5% |
| Free Cash Flow | 322M▲ 0% | 282M▼ 12.4% | 224M▼ 20.6% | 952M▲ 325.0% | 196M▼ 79.4% | 257M▲ 31.1% | -71M▼ 127.6% | 878M▲ 1336.6% | 3.1B▲ 253.6% |
| FCF Margin % | 9.49% | 8.45% | 6.35% | 20.72% | 4.86% | 5.71% | -1.55% | 15.16% | 31.39% |
| FCF Growth % | -32.21% | -12.42% | -20.57% | 325% | -79.41% | 31.12% | -127.63% | 1336.62% | 253.64% |
| FCF per Share | 0.78 | 0.68 | 0.54 | 2.27 | 0.47 | 0.61 | -0.17 | 2.04 | 6.11 |
| FCF Conversion (FCF/Net Income) | 6.88x | 3.97x | -132.43x | 1.68x | 1.99x | 7.73x | -4.13x | 1.96x | 1.79x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
AngloGold Ashanti Plc (AU) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 2.41% | 5.31% | 8% | -0.26% | 31.45% | 15.66% | 5.7% | -6.01% | 16.39% | 28.61% |
| Return on Invested Capital (ROIC) | 8.65% | 8.57% | 8.05% | 10.54% | 25.3% | 14.77% | 7.65% | 8.35% | 16.14% | 35.89% |
| Gross Margin | 19.8% | 23.36% | 22.66% | 25.65% | 38.02% | 29.09% | 25.08% | 22.41% | 35.68% | 46.54% |
| Net Margin | 1.49% | 4.27% | 6.47% | -0.2% | 21.96% | 15.24% | 5.18% | -5.13% | 17.33% | 26.65% |
| Debt / Equity | 0.79x | 0.84x | 0.76x | 0.82x | 0.56x | 0.51x | 0.53x | 0.65x | 0.25x | 0.25x |
| Interest Coverage | 24.73x | 3.82x | 2.97x | 4.34x | 10.85x | 8.50x | 3.68x | 4.39x | 9.65x | 20.30x |
| FCF Conversion | 18.83x | 6.88x | 3.97x | -132.43x | 1.68x | 1.99x | 7.73x | -4.13x | 1.96x | 1.79x |
| Revenue Growth | 5.18% | -19.63% | -1.71% | 5.67% | 30.35% | -12.32% | 11.72% | 1.8% | 26.43% | 70.78% |
AngloGold Ashanti Plc (AU) stock FAQ — growth, dividends, profitability & financials explained
AngloGold Ashanti Plc (AU) reported $10.38B in revenue for fiscal year 2025. This represents a 1188% increase from $805.4M in 1997.
AngloGold Ashanti Plc (AU) grew revenue by 70.8% over the past year. This is strong growth.
Yes, AngloGold Ashanti Plc (AU) is profitable, generating $2.86B in net income for fiscal year 2025 (26.6% net margin).
Yes, AngloGold Ashanti Plc (AU) pays a dividend with a yield of 3.74%. This makes it attractive for income-focused investors.
AngloGold Ashanti Plc (AU) has a return on equity (ROE) of 28.6%. This is excellent, indicating efficient use of shareholder capital.
AngloGold Ashanti Plc (AU) generated $3.38B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
AngloGold Ashanti Plc (AU) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates