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AngloGold Ashanti vs Barrick Mining: revenue, profit, margins and growth compared

AngloGold Ashanti brought in $9.9B of revenue in fiscal 2025, Barrick Mining $17B in fiscal 2025. Revenue changed by +70.8% at AngloGold Ashanti and +31.2% at Barrick Mining on the year before, so AngloGold Ashanti grew faster. AngloGold Ashanti kept 32.1% of its revenue as net profit, Barrick Mining 29.4%.

Side by side, latest fiscal year

AUB
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$9.9B$17B
Revenue growth+70.8%+31.2%
Net income$3.2B$5B
Net margin32.1%29.4%
Free cash flown/a$3.9B
Free cash flow marginn/a22.8%
Earnings per share (diluted)$5.18$2.93
Cash$2.9B$6.7B
Debt$2Bn/a
Price to earningsn/an/a
Market value$50.1B$70.6B
Dividend yieldn/an/a
Rank by revenue in sector#9 of 71 · Basic materials#5 of 71 · Basic materials

Over the years

Revenue
AU FY2021: $4BAU FY2023: $4.5BAU FY2023: $4.6BAU FY2024: $5.8BAU FY2025: $9.9BB FY2018: $7.2BB FY2019: $9.7BB FY2020: $12.6BB FY2021: $12BB FY2022: $11BB FY2023: $11.4BB FY2024: $12.9BB FY2025: $17BFY18FY19FY20FY21FY22FY23FY24FY25
AU $9.9BB $17B
Net income
AU FY2021: $638MAU FY2023: $251MAU FY2023: -$222MAU FY2024: $1BAU FY2025: $3.2BB FY2018: -$1.5BB FY2019: $4BB FY2020: $2.3BB FY2021: $2BB FY2022: $432MB FY2023: $1.3BB FY2024: $2.1BB FY2025: $5BFY18FY19FY20FY21FY22FY23FY24FY25
AU $3.2BB $5B
Net margin
AU FY2021: 15.8%AU FY2023: 5.6%AU FY2023: -4.8%AU FY2024: 18.1%AU FY2025: 32.1%B FY2018: -21.3%B FY2019: 40.8%B FY2020: 18.5%B FY2021: 16.9%B FY2022: 3.9%B FY2023: 11.2%B FY2024: 16.6%B FY2025: 29.4%FY18FY19FY20FY21FY22FY23FY24FY25
AU 32.1%B 29.4%
Revenue growth
AU FY2023: +11.7%AU FY2023: +1.8%AU FY2024: +26.4%AU FY2025: +70.8%B FY2019: +34.2%B FY2020: +29.6%B FY2021: -4.8%B FY2022: -8.1%B FY2023: +3.5%B FY2024: +13.4%B FY2025: +31.2%FY19FY20FY21FY22FY23FY24FY25
AU +70.8%B +31.2%
Free cash flow
B FY2018: $365MB FY2019: $1.1BB FY2020: $3.4BB FY2021: $1.9BB FY2022: $432MB FY2023: $646MB FY2024: $1.3BB FY2025: $3.9BFY18FY19FY20FY21FY22FY23FY24FY25
AUB $3.9B

Fiscal years as each company reports them; the two may end in different months.

Questions about AngloGold Ashanti and Barrick Mining

Which is bigger by revenue, AngloGold Ashanti or Barrick Mining?

Barrick Mining is bigger by revenue: $17B in fiscal 2025, against $9.9B for AngloGold Ashanti in fiscal 2025.

Which keeps more of its revenue as profit, AngloGold Ashanti or Barrick Mining?

AngloGold Ashanti had a net margin of 32.1% in fiscal 2025; Barrick Mining had 29.4% in fiscal 2025.

Which grew revenue faster, AngloGold Ashanti or Barrick Mining?

In their latest fiscal years revenue changed by +70.8% at AngloGold Ashanti and +31.2% at Barrick Mining.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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