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MARKETS / COMPARE / AU VS NEM

AU vs NEM

AngloGold Ashanti PLC and Newmont Corp., side by side — 5 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

AU vs NEM, at a glance
Metric AU NEM
Revenue$9.9B$22.7B
Net income$3.2B$7.1B
Gross margin49.2%64.3%
Net margin32.1%31.6%
Return on equity·22.2%
Diluted EPS$5.18$6.39
Dividend / share·$1.00
Payout ratio·15.6%
Free cash flow·$7.3B
Equity$8.1B$33.9B
Net debt / equity−0.11×−0.07×
Current ratio2.87×2.29×
Revenue CAGR 5y·14.5%
Profit CAGR 5y·20.2%

NEM bills 2.3× the revenue of AU, and AU keeps more of each dollar of revenue as profit (32.1% against 31.6%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.

Revenue by year

5 years side by side

AU vs NEM, revenue by year
Fiscal year AU NEM
FY2025$9.9B$22.7B
FY2024$5.8B$18.7B
FY2023$4.6B$11.8B
FY2022$4.5B$11.9B
FY2021$4.0B$12.2B
Net income by year

Bottom line

AU vs NEM, net income by year
Fiscal year AU NEM
FY2025$3.2B$7.1B
FY2024$1.0B$3.3B
FY2023$-222.0M$-2.5B
FY2022$251.0M$-429.0M
FY2021$638.0M$1.2B
Revenue gap over time

5 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025−$12,776,000,000NEM
FY2024−$12,889,000,000NEM
FY2023−$7,230,000,000NEM
FY2022−$7,414,000,000NEM
FY2021−$8,193,000,000NEM

NEM has reported the higher revenue in every one of these 5 fiscal years. The gap has widened since the earliest year compared.

5 of 14 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

5 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025+0.5 ppAU
FY2024+0.0 ppAU
FY2023+16.0 ppAU
FY2022+8.7 ppAU
FY2021+13.9 ppAU

AU has kept the higher net margin in every one of these 5 fiscal years.

5 of 14 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

NEM's net margin has been more volatile than AU's over the 5 comparable fiscal years — 18.0 percentage points of standard deviation against 12.4.

5 of 14 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

AU led in net margin in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.

5 of 14 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

AU's return on equity has been more volatile than NEM's over the 3 comparable fiscal years — 8.8 percentage points of standard deviation against 6.3.

3 of 18 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

AU led in return on equity in every one of the 3 comparable fiscal years — a structural lead, not a recent swing.

3 of 18 comparable fiscal years — a year missing data on either side is not counted.

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