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AngloGold Ashanti vs Wheaton Precious Metals: revenue, profit, margins and growth compared

AngloGold Ashanti brought in $9.9B of revenue in fiscal 2025, Wheaton Precious Metals $2.3B in fiscal 2025. Revenue changed by +70.8% at AngloGold Ashanti and +80.2% at Wheaton Precious Metals on the year before, so Wheaton Precious Metals grew faster. AngloGold Ashanti kept 32.1% of its revenue as net profit, Wheaton Precious Metals 63.6%.

Side by side, latest fiscal year

AUWPM
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$9.9B$2.3B
Revenue growth+70.8%+80.2%
Net income$3.2B$1.5B
Net margin32.1%63.6%
Free cash flown/an/a
Free cash flow marginn/an/a
Earnings per share (diluted)$5.18$3.24
Cash$2.9B$1.2B
Debt$2Bn/a
Price to earningsn/an/a
Market value$50.1B$64.9B
Dividend yieldn/an/a
Rank by revenue in sector#9 of 71 · Basic materials#20 of 71 · Basic materials

Over the years

Revenue
AU FY2021: $4BAU FY2023: $4.5BAU FY2023: $4.6BAU FY2024: $5.8BAU FY2025: $9.9BWPM FY2018: $794MWPM FY2019: $861.3MWPM FY2020: $1.1BWPM FY2021: $1.2BWPM FY2022: $1.1BWPM FY2023: $1BWPM FY2024: $1.3BWPM FY2025: $2.3BFY18FY19FY20FY21FY22FY23FY24FY25
AU $9.9BWPM $2.3B
Net income
AU FY2021: $638MAU FY2023: $251MAU FY2023: -$222MAU FY2024: $1BAU FY2025: $3.2BWPM FY2018: $427.1MWPM FY2019: $86.1MWPM FY2020: $507.8MWPM FY2021: $754.9MWPM FY2022: $669.1MWPM FY2023: $537.6MWPM FY2024: $529.1MWPM FY2025: $1.5BFY18FY19FY20FY21FY22FY23FY24FY25
AU $3.2BWPM $1.5B
Net margin
AU FY2021: 15.8%AU FY2023: 5.6%AU FY2023: -4.8%AU FY2024: 18.1%AU FY2025: 32.1%WPM FY2018: 53.8%WPM FY2019: 10.0%WPM FY2020: 46.3%WPM FY2021: 62.8%WPM FY2022: 62.8%WPM FY2023: 52.9%WPM FY2024: 41.2%WPM FY2025: 63.6%FY18FY19FY20FY21FY22FY23FY24FY25
AU 32.1%WPM 63.6%
Revenue growth
AU FY2023: +11.7%AU FY2023: +1.8%AU FY2024: +26.4%AU FY2025: +70.8%WPM FY2019: +8.5%WPM FY2020: +27.3%WPM FY2021: +9.6%WPM FY2022: -11.4%WPM FY2023: -4.6%WPM FY2024: +26.4%WPM FY2025: +80.2%FY19FY20FY21FY22FY23FY24FY25
AU +70.8%WPM +80.2%

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

Questions about AngloGold Ashanti and Wheaton Precious Metals

Which is bigger by revenue, AngloGold Ashanti or Wheaton Precious Metals?

AngloGold Ashanti is bigger by revenue: $9.9B in fiscal 2025, against $2.3B for Wheaton Precious Metals in fiscal 2025.

Which keeps more of its revenue as profit, AngloGold Ashanti or Wheaton Precious Metals?

AngloGold Ashanti had a net margin of 32.1% in fiscal 2025; Wheaton Precious Metals had 63.6% in fiscal 2025.

Which grew revenue faster, AngloGold Ashanti or Wheaton Precious Metals?

In their latest fiscal years revenue changed by +70.8% at AngloGold Ashanti and +80.2% at Wheaton Precious Metals.

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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