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Harmony Gold Mining Co (Harmony Gold Mining Co) Pretax Margin % : 23.92% (As of Dec. 2023)


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What is Harmony Gold Mining Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Harmony Gold Mining Co's Pre-Tax Income for the six months ended in Dec. 2023 was $403 Mil. Harmony Gold Mining Co's Revenue for the six months ended in Dec. 2023 was $1,686 Mil. Therefore, Harmony Gold Mining Co's pretax margin for the quarter that ended in Dec. 2023 was 23.92%.

The historical rank and industry rank for Harmony Gold Mining Co's Pretax Margin % or its related term are showing as below:

HMY' s Pretax Margin % Range Over the Past 10 Years
Min: -32.34   Med: -2.26   Max: 20.48
Current: 20.48


HMY's Pretax Margin % is ranked better than
83.04% of 861 companies
in the Metals & Mining industry
Industry Median: 0.72 vs HMY: 20.48

Harmony Gold Mining Co Pretax Margin % Historical Data

The historical data trend for Harmony Gold Mining Co's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Harmony Gold Mining Co Pretax Margin % Chart

Harmony Gold Mining Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.20 -2.03 15.29 -2.48 13.41

Harmony Gold Mining Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.46 -13.03 10.15 16.32 23.92

Competitive Comparison of Harmony Gold Mining Co's Pretax Margin %

For the Gold subindustry, Harmony Gold Mining Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Harmony Gold Mining Co's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Harmony Gold Mining Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Harmony Gold Mining Co's Pretax Margin % falls into.



Harmony Gold Mining Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Harmony Gold Mining Co's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=352.418/2628.729
=13.41 %

Harmony Gold Mining Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=403.375/1686.005
=23.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Harmony Gold Mining Co  (NYSE:HMY) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Harmony Gold Mining Co Pretax Margin % Related Terms

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Harmony Gold Mining Co (Harmony Gold Mining Co) Business Description

Address
Corner Main Reef Road and Ward Avenue, Randfontein Office Park, Randfontein, ZAF, 1759
Harmony Gold Mining Co Ltd is a gold mining and exploration company having operations in South Africa and Papua New Guinea (PNG). Its projects include Bambanani, Joel, Masimong, Phakisa, Target 1, Tshepong, Unisel, Doornkop, and Kusasalethu. The group's segments are Tshepong Operations, Bambanani, Joel, Doornkop, Moab Khotsong, Hidden Valley, Target 1, Kusasalethu, Masimong, Unisel, and all other surface operations.

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