AngloGold Ashanti (AU) financial statements
AngloGold Ashanti reported revenue of $9.9B in fiscal 2025, up 25.2% a year over 4 years.
Net income was $3.2B.
Free cash flow was $3.3B.
The diluted share count rose 21% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from AngloGold Ashanti's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $4.0B | $4.5B | $4.6B | $5.8B | $9.9B |
| Cost of revenue | $2.9B | $3.4B | $3.5B | $3.7B | $5.0B |
| Gross profit | $1.2B | $1.1B | $1.0B | $2.1B | $4.9B |
| Selling, general and admin | $73M | $79M | $94M | $118M | $138M |
| Interest expense | $109M | $102M | $113M | $121M | $116M |
| Pre-tax income | $949M | $472M | $63M | $1.7B | $4.3B |
| Income tax | $311M | $221M | $285M | $623M | $1.1B |
| Net income | $638M | $233M | -$222M | $1.0B | $3.2B |
| EPS (diluted) | $1.46 | $0.55 | -$0.56 | $2.33 | $5.18 |
| Diluted shares | 420M | 421M | 421M | 431M | 509M |
| Gross margin | 29.0% | 25.1% | 22.4% | 35.7% | 49.2% |
| Net margin | 15.8% | 5.2% | -4.8% | 18.1% | 32.1% |
Balance sheet
Fiscal years, from AngloGold Ashanti's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash and short-term investments | $1.2B | $1.1B | $964M | $1.4B | $2.9B |
| Receivables | $257M | $237M | $193M | $356M | $426M |
| Inventory | $703M | $773M | $829M | $1.1B | $1.1B |
| Total current assets | $2.1B | $2.1B | $2.2B | $3.1B | $4.6B |
| Property, plant and equipment | $3.5B | $4.2B | $4.4B | $8.5B | $8.5B |
| Total assets | $8.0B | $8.0B | $8.3B | $13.2B | $15.1B |
| Total current liabilities | $827M | $884M | $1.3B | $1.5B | $1.6B |
| Long-term debt | $1.9B | $2.0B | $2.0B | $1.9B | $2.0B |
| Total liabilities | $3.9B | $3.9B | $4.5B | $4.7B | $5.2B |
| Shareholders' equity | $4.0B | $4.0B | $3.7B | $6.6B | $8.1B |
| Net debt | $755M | $875M | $1.3B | $559M | -$861M |
Cash flow
Fiscal years, from AngloGold Ashanti's 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $1.3B | $1.8B | $971M | $2.0B | $4.8B |
| Capital spending | $1.0B | $1.0B | $1.0B | $1.1B | $1.4B |
| Free cash flow | $240M | $776M | -$71M | $878M | $3.3B |
| Dividends paid | $240M | $203M | $107M | $244M | — |
| Net borrowing | $2M | $82M | $256M | -$254M | $40M |
| Free cash flow margin | 6.0% | 17.2% | -1.5% | 15.2% | 33.7% |
| Dividends per share | $0.57 | $0.48 | $0.25 | $0.57 | — |
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What was AngloGold Ashanti's revenue in 2025?
$9.9B in fiscal 2025, from its 10-K filing.
How much free cash flow does AngloGold Ashanti generate?
$3.3B in fiscal 2025 (operating cash flow minus capital spending).
From AngloGold Ashanti's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.