NYSE : DRD
DRDGOLD Limited — Financial statements
Materials · Gold · South Africa
Last price 22.63 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.96B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
DRDGOLD Limited (DRD) reported revenue of 11.16B ZAR (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in ZAR.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 11.16B | 11.16B | 7.88B | 6.24B | 5.50B | 5.12B |
| Cost of Revenue | 5.19B | 5.19B | 4.75B | 4.43B | 3.91B | 3.74B |
| Gross Profit | 5.97B | 5.97B | 3.13B | 1.81B | 1.59B | 1.38B |
| Selling, General & Admin | 232.70M | 232.70M | 213.80M | 199.30M | 168.30M | 146.00M |
| Other Operating Expenses | 41.60M | 41.60M | 58.60M | 56.60M | 46.10M | 45.00M |
| Operating Expenses | 274.30M | 274.30M | 272.40M | 255.90M | 219.00M | 206.20M |
| Operating Income | 5.69B | 5.69B | 2.86B | 1.55B | 1.37B | 1.17B |
| Interest Expense | -2.80M | -2.80M | -3.80M | -4.50M | -5.20M | -6.80M |
| Interest & Investment Income | 136.50M | 136.50M | 124.60M | 177.80M | 268.50M | 183.30M |
| Currency Exchange Gain (Loss) | 700.00K | 700.00K | 200.00K | 8.80M | 9.00M | 7.00M |
| Other Non Operating Income (Expenses) | -35.70M | -35.70M | -2.30M | -3.60M | -13.00M | -17.20M |
| EBT Excluding Unusual Items | 5.79B | 5.79B | 2.98B | 1.73B | 1.63B | 1.34B |
| Gain (Loss) on Sale of Investments | 97.80M | 97.80M | 90.30M | 84.50M | 50.50M | 29.70M |
| Gain (Loss) on Sale of Assets | -4.80M | -4.80M | 10.30M | 6.60M | ||
| Pretax Income | 5.88B | 5.88B | 3.07B | 1.82B | 1.69B | 1.46B |
| Income Tax Expense | 1.63B | 1.63B | 824.40M | 488.20M | 405.00M | 334.30M |
| Net Income | 4.26B | 4.26B | 2.24B | 1.33B | 1.28B | 1.12B |
| Net Income to Common | 4.26B | 4.26B | 2.24B | 1.33B | 1.28B | 1.12B |
| Shares Outstanding (Basic) | 86.47M | 86.47M | 86.21M | 86.12M | 85.95M | 85.68M |
| Shares Outstanding (Diluted) | 86.98M | 86.98M | 86.64M | 86.55M | 86.50M | 86.10M |
| EPS (Basic) | 49.21 | 49.21 | 26.01 | 15.43 | 14.91 | 13.12 |
| EPS (Diluted) | 48.92 | 48.92 | 25.89 | 15.35 | 14.82 | 13.06 |
| Free Cash Flow | 2.14B | 2.14B | 1.26B | -1.14B | 510.40M | 913.70M |
| Free Cash Flow Per Share | 24.64 | 24.64 | 14.50 | -13.18 | 5.90 | 10.61 |
| Dividend Per Share | 17.00 | 17.00 | 7.00 | 4.00 | 8.50 | 6.00 |
| Gross Margin | 53.46% | 53.46% | 39.74% | 29.00% | 28.84% | 26.90% |
| Operating Margin | 51.00% | 51.00% | 36.28% | 24.90% | 24.86% | 22.87% |
| Profit Margin | 38.14% | 38.14% | 28.47% | 21.29% | 23.31% | 21.96% |
| Free Cash Flow Margin | 19.21% | 19.21% | 15.95% | -18.28% | 9.29% | 17.85% |
| EBITDA | 6.20B | 6.20B | 3.36B | 1.88B | 1.61B | 1.48B |
| EBITDA Margin | 55.59% | 55.59% | 42.60% | 30.14% | 29.34% | 28.98% |
| D&A For EBITDA | 512.80M | 512.80M | 497.80M | 326.70M | 246.30M | 312.60M |
| EBIT | 5.69B | 5.69B | 2.86B | 1.55B | 1.37B | 1.17B |
| EBIT Margin | 51.00% | 51.00% | 36.28% | 24.90% | 24.86% | 22.87% |
| Effective Tax Rate | 27.66% | 27.66% | 26.88% | 26.87% | 24.02% | 22.93% |
Balance sheet
Fiscal year July - June; amounts in ZAR.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.77B | 2.77B | 1.31B | 521.50M | 2.47B | 2.53B |
| Cash & Short-Term Investments | 2.77B | 2.77B | 1.31B | 521.50M | 2.47B | 2.53B |
| Other Receivables | 351.20M | 351.20M | 145.60M | 353.00M | 130.10M | 142.90M |
| Receivables | 351.20M | 351.20M | 145.60M | 353.00M | 130.10M | 142.90M |
| Inventory | 580.10M | 580.10M | 522.60M | 460.00M | 413.60M | 389.30M |
| Prepaid Expenses | 103.10M | 103.10M | 135.30M | 35.60M | 13.60M | 19.20M |
| Other Current Assets | 11.50M | 11.50M | 173.80M | 123.50M | 185.50M | |
| Total Current Assets | 3.82B | 3.82B | 2.28B | 1.49B | 3.21B | 3.08B |
| Property, Plant & Equipment | 11.92B | 11.92B | 8.54B | 6.79B | 3.91B | 3.08B |
| Long-Term Investments | 567.00M | 567.00M | 322.50M | 180.40M | 168.60M | 151.40M |
| Long-Term Deferred Tax Assets | 9.10M | 9.10M | 38.30M | 23.40M | 32.80M | 14.50M |
| Other Long-Term Assets | 1.13B | 1.13B | 1.06B | 958.10M | 829.40M | 751.20M |
| Total Assets | 17.44B | 17.44B | 12.25B | 9.45B | 8.15B | 7.08B |
| Accounts Payable | 797.70M | 797.70M | 753.90M | 720.60M | 525.10M | 429.10M |
| Accrued Expenses | 215.10M | 215.10M | 200.50M | 196.80M | 175.40M | 169.30M |
| Current Portion of Leases | 5.10M | 5.10M | 7.40M | 6.90M | 11.30M | 19.50M |
| Current Income Taxes Payable | 37.20M | 37.20M | 29.50M | 29.20M | 6.90M | 7.60M |
| Other Current Liabilities | 9.90M | |||||
| Total Current Liabilities | 1.06B | 1.06B | 1.00B | 953.50M | 718.70M | 625.50M |
| Long-Term Leases | 6.30M | 6.30M | 10.00M | 22.30M | 28.40M | 32.80M |
| Pension & Post-Retirement Benefits | 11.30M | 11.30M | 11.30M | 10.40M | 10.50M | 10.40M |
| Long-Term Deferred Tax Liabilities | 2.90B | 2.90B | 1.78B | 958.00M | 560.70M | 451.90M |
| Other Long-Term Liabilities | 721.40M | 721.40M | 558.70M | 616.80M | 562.10M | 517.70M |
| Total Liabilities | 4.69B | 4.69B | 3.36B | 2.56B | 1.88B | 1.64B |
| Common Stock | 6.31B | 6.31B | 6.20B | 6.21B | 6.21B | 6.21B |
| Retained Earnings | 6.44B | 6.44B | 2.69B | 697.20M | 86.20M | -733.40M |
| Treasury Stock | -16.70M | -21.00M | -35.60M | |||
| Total Common Equity | 12.75B | 12.75B | 8.88B | 6.89B | 6.27B | 5.44B |
| Shareholders' Equity | 12.75B | 12.75B | 8.88B | 6.89B | 6.27B | 5.44B |
| Total Liabilities & Equity | 17.44B | 17.44B | 12.25B | 9.45B | 8.15B | 7.08B |
| Total Debt | 11.40M | 11.40M | 17.40M | 29.20M | 39.70M | 52.30M |
| Net Cash (Debt) | 2.76B | 2.76B | 1.29B | 492.30M | 2.43B | 2.47B |
| Net Cash Per Share | 31.71 | 31.71 | 14.88 | 5.69 | 28.11 | 28.73 |
| Filing Date Shares Outstanding | 86.74M | 86.74M | 86.52M | 86.15M | 86.07M | 85.80M |
| Total Common Shares Outstanding | 86.74M | 86.74M | 86.24M | 86.15M | 86.07M | 85.80M |
| Working Capital | 2.76B | 2.76B | 1.28B | 540.10M | 2.50B | 2.45B |
| Book Value Per Share | 146.96 | 146.96 | 103.00 | 79.96 | 72.89 | 63.40 |
| Tangible Book Value | 12.75B | 12.75B | 8.88B | 6.89B | 6.27B | 5.44B |
| Tangible Book Value Per Share | 146.96 | 146.96 | 103.00 | 79.96 | 72.89 | 63.40 |
| Construction In Progress | 5.63B | 5.63B | 2.16B | 3.22B | 498.00M |
Cash flow statement
Fiscal year July - June; amounts in ZAR.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 4.26B | 4.26B | 2.24B | 1.33B | 1.28B | 1.12B |
| Depreciation & Amortization | 528.20M | 528.20M | 517.80M | 326.70M | 263.70M | 312.60M |
| Loss (Gain) From Sale of Assets | 4.50M | 4.50M | 3.70M | -600.00K | -10.30M | -6.60M |
| Loss (Gain) From Sale of Investments | -97.80M | -97.80M | -90.30M | -84.50M | -50.50M | -29.70M |
| Stock-Based Compensation | 41.70M | 41.70M | 30.10M | 26.40M | 22.00M | 18.40M |
| Other Operating Activities | 1.16B | 1.16B | 728.10M | 372.30M | 105.10M | 16.40M |
| Change in Accounts Receivable | -53.80M | -53.80M | 110.40M | -296.20M | 19.90M | 25.70M |
| Change in Inventory | -53.70M | -53.70M | -48.30M | -12.90M | -13.60M | -18.90M |
| Change in Accounts Payable | -109.60M | -109.60M | 23.50M | 198.10M | 50.50M | 71.30M |
| Change in Other Net Operating Assets | -2.70M | -2.70M | -6.60M | -12.80M | -12.60M | -15.20M |
| Operating Cash Flow | 5.68B | 5.68B | 3.51B | 1.85B | 1.66B | 1.50B |
| Capital Expenditures | -3.53B | -3.53B | -2.25B | -2.99B | -1.15B | -584.10M |
| Sale of Property, Plant & Equipment | 300.00K | 900.00K | 12.20M | |||
| Divestitures | 147.50M | 147.50M | ||||
| Investment in Securities | -2.30M | -33.80M | -28.40M | -28.90M | ||
| Other Investing Activities | -24.80M | -24.80M | -26.10M | -23.40M | -13.80M | -25.40M |
| Investing Cash Flow | -3.41B | -3.41B | -2.28B | -3.04B | -1.19B | -626.20M |
| Long-Term Debt Repaid | -8.10M | -8.10M | -12.10M | -19.00M | -16.90M | -19.70M |
| Lease Payments | -8.10M | -8.10M | -12.10M | -19.00M | -16.90M | -19.70M |
| Total Debt Repaid | -8.10M | -8.10M | -12.10M | -19.00M | -16.90M | -19.70M |
| Net Debt Issued (Repaid) | -8.10M | -8.10M | -12.10M | -19.00M | -16.90M | -19.70M |
| Common Dividends Paid | -779.30M | -779.30M | -431.00M | -731.70M | -515.30M | -513.30M |
| Other Financing Activities | -15.20M | -15.20M | ||||
| Financing Cash Flow | -802.60M | -802.60M | -443.10M | -750.70M | -532.20M | -533.00M |
| Foreign Exchange Rate Adjustments | -1.80M | 8.90M | 7.00M | |||
| Net Cash Flow | 1.46B | 1.46B | 784.70M | -1.95B | -54.20M | 345.60M |
| Free Cash Flow | 2.14B | 2.14B | 1.26B | -1.14B | 510.40M | 913.70M |
| Free Cash Flow Margin | 19.21% | 19.21% | 15.95% | -18.28% | 9.29% | 17.85% |
| Free Cash Flow Per Share | 24.64 | 24.64 | 14.50 | -13.18 | 5.90 | 10.61 |
| Levered Free Cash Flow | 580.90M | 580.90M | 118.94M | -1.65B | -98.81M | 507.10M |
| Unlevered Free Cash Flow | 582.65M | 582.65M | 121.31M | -1.65B | -95.56M | 511.35M |
| Free Cash Flow After Leases | 2.14B | 2.14B | 1.24B | -1.16B | 493.50M | 894.00M |
| Cash Interest Paid | 11.00M | 11.00M | 11.50M | 4.50M | 5.20M | 7.70M |
| Cash Income Tax Paid | 489.10M | 489.10M | -25.70M | 72.50M | 314.80M | 262.70M |
| Change in Working Capital | -219.80M | -219.80M | 79.00M | -123.80M | 44.20M | 62.90M |
Ratios
Fiscal year July - June; amounts in ZAR.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.99B | 1.85B | 1.15B | 741.75M | 914.05M | 503.63M |
| Enterprise Value | 1.82B | 1.74B | 1.12B | 660.02M | 775.83M | 366.30M |
| Last Close Price | 22.96 | 20.84 | 12.84 | 8.14 | 9.66 | 5.12 |
| PE Ratio | 0.78 | 7.12 | 9.10 | 10.19 | 13.44 | 7.34 |
| Forward PE | 8.41 | 19.79 | 14.15 | 9.23 | 11.06 | 7.54 |
| PS Ratio | 2.93 | 2.71 | 2.59 | 2.17 | 3.13 | 1.61 |
| PB Ratio | 2.56 | 2.38 | 2.30 | 1.97 | 2.74 | 1.52 |
| P/TBV Ratio | 2.56 | 2.38 | 2.30 | 1.97 | 2.74 | 1.52 |
| P/FCF Ratio | 15.43 | 14.13 | 16.25 | 33.73 | 9.02 | |
| P/OCF Ratio | 5.83 | 5.34 | 5.81 | 7.34 | 10.40 | 5.50 |
| PEG Ratio | 0.88 | 0.88 | 0.88 | 0.88 | 0.88 | |
| EV/Sales Ratio | 2.68 | 2.56 | 2.52 | 1.93 | 2.66 | 1.17 |
| EV/EBITDA Ratio | 4.82 | 4.61 | 5.90 | 6.41 | 9.06 | 4.04 |
| EV/EBIT Ratio | 5.25 | 5.02 | 6.93 | 7.75 | 10.70 | 5.12 |
| EV/FCF Ratio | 14.12 | 13.34 | 15.77 | 28.63 | 6.56 | |
| Debt / Equity Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Debt / EBITDA Ratio | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.04 |
| Debt / FCF Ratio | 0.01 | 0.01 | 0.01 | 0.08 | 0.06 | |
| Net Debt / Equity Ratio | -0.22 | -0.22 | -0.14 | -0.07 | -0.39 | -0.46 |
| Net Debt / EBITDA Ratio | -0.45 | -0.45 | -0.38 | -0.26 | -1.51 | -1.67 |
| Net Debt / FCF Ratio | -1.29 | -1.29 | -1.03 | 0.43 | -4.76 | -2.71 |
| Asset Turnover | 0.75 | 0.75 | 0.73 | 0.71 | 0.72 | 0.76 |
| Inventory Turnover | 9.42 | 9.42 | 9.66 | 10.14 | 9.74 | 10.26 |
| Quick Ratio | 2.96 | 2.96 | 1.45 | 0.92 | 3.62 | 4.27 |
| Current Ratio | 3.62 | 3.62 | 2.28 | 1.57 | 4.47 | 4.92 |
| Return on Equity (ROE) | 39.35% | 39.35% | 28.44% | 20.19% | 21.88% | 21.91% |
| Return on Assets (ROA) | 23.96% | 23.96% | 16.47% | 11.03% | 11.21% | 10.90% |
| Return on Invested Capital (ROIC) | 41.21% | 46.83% | 29.87% | 22.20% | 30.49% | 31.88% |
| Return on Capital Employed (ROCE) | 34.70% | 34.70% | 25.40% | 18.30% | 18.40% | 18.10% |
| Earnings Yield | 128.33% | 14.05% | 10.99% | 9.81% | 7.44% | 13.63% |
| FCF Yield | 6.48% | 7.08% | 6.15% | -8.42% | 2.96% | 11.08% |
| Dividend Yield | 4.45% | 4.87% | 2.96% | 2.54% | 4.25% | 6.24% |
| Payout Ratio | 2.81% | 18.31% | 19.22% | 55.07% | 40.21% | 45.67% |
| Buyback Yield / Dilution | -0.40% | -0.40% | -0.09% | -0.07% | -0.46% | 0.01% |
| Total Shareholder Return | 4.04% | 4.46% | 2.86% | 2.48% | 3.79% | 6.25% |