Anglogold Ashanti (HAM:HT3) Retained Earnings: €6,891 Mil (As of Mar. 2026)


HAM:HT3 Anglogold Ashanti PLC HAM:HT3
78 GF Score
Price €74.66
GF Value €48.38
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Anglogold Ashanti Retained Earnings?

Anglogold Ashanti HAM:HT3 +1.36% 78 Retained Earnings is €6,891 Mil as of Mar. 2026. GuruFocus rates HAM:HT3 with a GF Score™ of 78/100 and a GF Value™ of €48.38 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Anglogold Ashanti's retained earnings for the quarter that ended in Mar. 2026 was €6,891 Mil.

Anglogold Ashanti's quarterly retained earnings declined from Sep. 2025 (€6,082 Mil) to Dec. 2025 (€65 Mil) but then increased from Dec. 2025 (€65 Mil) to Mar. 2026 (€6,891 Mil).

Anglogold Ashanti's annual retained earnings increased from Dec. 2023 (€-1,970 Mil) to Dec. 2024 (€-1,257 Mil) and increased from Dec. 2024 (€-1,257 Mil) to Dec. 2025 (€65 Mil).


Anglogold Ashanti  (HAM:HT3) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Anglogold Ashanti Retained Earnings Historical Data

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The historical data trend for Anglogold Ashanti's Retained Earnings 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.

Anglogold Ashanti Retained Earnings Chart

Anglogold Ashanti Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -1,674.66 -1,969.72 -1,256.78 64.90

Anglogold Ashanti Quarterly Data
Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 5,769.23 5,953.69 6,081.58 64.90 6,891.46
HAM:HT3
78GF Score
Anglogold Ashanti PLC HAM:HT3
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Anglogold Ashanti Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of €6,891 Mil mean?
Anglogold Ashanti (HAM:HT3) has a Retained Earnings of €6,891 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Anglogold Ashanti and its competitors.
Is Anglogold Ashanti's Retained Earnings too high?
Anglogold Ashanti's current Retained Earnings is €6,891 Mil. Overall, Anglogold Ashanti has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anglogold Ashanti's Retained Earnings compare to RGLD and CDE?
Anglogold Ashanti's Retained Earnings of €6,891 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Anglogold Ashanti and its competitors. Anglogold Ashanti's current Retained Earnings is €6,891 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anglogold Ashanti stock overvalued right now?
Based on GuruFocus' analysis, Anglogold Ashanti (HAM:HT3) is currently considered Significantly Overvalued. The stock's GF Value™ is €48.38, compared to a current price of €74.66 — trading 54.3% above its estimated fair value. The current Retained Earnings is €6,891 Mil. Anglogold Ashanti's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Anglogold Ashanti (HAM:HT3), the current Retained Earnings is €6,891 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Anglogold Ashanti (HAM:HT3) Overvalued in 2026?

Based on GuruFocus' analysis, Anglogold Ashanti stock appears to be overvalued. The current stock price of €74.66 is trading 54.3% above its estimated GF Value™ of €48.38. GuruFocus considers Anglogold Ashanti to be Significantly Overvalued.

Key valuation signals for HAM:HT3:

  • Retained Earnings: €6,891 Mil
  • GF Value™: €48.38 vs. price of €74.66 (54.3% above fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the HAM:HT3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anglogold Ashanti Business Description

Address 6363 S Fiddlers Green Circle, Suite 1000, Greenwood Village, Denver, CO, USA, 80111
Anglogold Ashanti PLC is an independent gold mining company. It has a diversified asset portfolio, including production from operations in eight countries (Argentina, Australia, Brazil, Egypt, Ghana, Guinea, the DRC, and Tanzania), supported by greenfield projects in the United States and Colombia. The company's main product is gold, which once mined, is processed into dore (unrefined gold bars) on site and then dispatched to precious metals refineries. Geographically, Anglogold generates maximum revenue from its operations in Africa (comprising operations at Kibali, Iduapriem, Obuasi, Siguiri, Geita, and Sukari mines), followed by Australia (including Sunrise Dam and Tropicana), and the Americas (comprising Cerro Vanguardia, AngloGold Ashanti Mineracao, and Serra Grande operations).
78GF Score

Get the complete analysis for HAM:HT3

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€74.66
Price
€48.38
GF Value