AROC vs. HMY
AROC (Archrock, Inc.) and HMY (Harmony Gold Mining Company Limited) are both stocks. AROC operates in Oil & Gas Equipment & Services (Energy), while HMY operates in Gold (Basic Materials). Over the past 10 years, AROC returned 22.34%/yr vs 17.57%/yr for HMY. At a 0.08 correlation, their price movements are largely independent.
Performance
AROC vs. HMY - Performance Comparison
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Returns By Period
In the year-to-date period, AROC achieves a 48.24% return, which is significantly higher than HMY's -17.33% return. Over the past 10 years, AROC has outperformed HMY with an annualized return of 22.34%, while HMY has yielded a comparatively lower 17.57% annualized return.
AROC
- 1D
- 3.00%
- 1M
- 2.23%
- YTD
- 48.24%
- 6M
- 50.79%
- 1Y
- 57.38%
- 3Y*
- 62.01%
- 5Y*
- 40.48%
- 10Y*
- 22.34%
HMY
- 1D
- -5.11%
- 1M
- -3.70%
- YTD
- -17.33%
- 6M
- -23.38%
- 1Y
- 16.59%
- 3Y*
- 59.14%
- 5Y*
- 34.93%
- 10Y*
- 17.57%
AROC vs. HMY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AROC Archrock, Inc. | 48.24% | 7.96% | 67.59% | 80.96% | 28.83% | -7.83% | -5.58% | 41.84% | -25.29% | -17.11% |
HMY Harmony Gold Mining Company Limited | -17.33% | 145.47% | 35.39% | 82.51% | -16.42% | -10.25% | 28.93% | 102.79% | -4.28% | -12.94% |
Correlation
The correlation between AROC and HMY is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Nov 4, 2015 | 0.08 |
The correlation between AROC and HMY shifts across timeframes, from 0.04 (1 year) to 0.17 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AROC:
$6.64B
HMY:
$10.20B
AROC:
$1.86
HMY:
ZAR 41.64
AROC:
20.46
HMY:
6.36
AROC:
0.25
HMY:
0.02
AROC:
4.39
HMY:
1.11
AROC:
4.38
HMY:
3.23
AROC:
$1.52B
HMY:
ZAR 150.28B
AROC:
$689.41M
HMY:
ZAR 57.55B
AROC:
$875.89M
HMY:
ZAR 55.56B
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Return for Risk
AROC vs. HMY — Risk / Return Rank
AROC
HMY
AROC vs. HMY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Archrock, Inc. (AROC) and Harmony Gold Mining Company Limited (HMY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AROC | HMY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.71 | ||
| Sortino ratioReturn per unit of downside risk | +1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.10 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.42 | 0.34 | +3.08 |
| Martin ratioReturn relative to average drawdown | 10.08 | 0.74 | +9.34 |
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Drawdowns
AROC vs. HMY - Drawdown Comparison
The maximum AROC drawdown since its inception was -84.90%, smaller than the maximum HMY drawdown of -97.04%. Use the drawdown chart below to compare losses from any high point for AROC and HMY.
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Drawdown Indicators
| AROC | HMY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.90% | -97.04% | +12.14% |
Max Drawdown (1Y)Largest decline over 1 year | -16.85% | -48.85% | +32.00% |
Max Drawdown (3Y)Largest decline over 3 years | -30.31% | -48.85% | +18.54% |
Max Drawdown (5Y)Largest decline over 5 years | -37.60% | -62.48% | +24.88% |
Max Drawdown (10Y)Largest decline over 10 years | -84.90% | -71.05% | -13.85% |
Current DrawdownCurrent decline from peak | -3.82% | -36.82% | +33.00% |
Average DrawdownAverage peak-to-trough decline | -24.77% | -52.73% | +27.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.71% | 22.43% | -16.72% |
Volatility
AROC vs. HMY - Volatility Comparison
The current volatility for Archrock, Inc. (AROC) is 10.67%, while Harmony Gold Mining Company Limited (HMY) has a volatility of 20.93%. This indicates that AROC experiences smaller price fluctuations and is considered to be less risky than HMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AROC | HMY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.67% | 20.93% | -10.26% |
Volatility (6M)Calculated over the trailing 6-month period | 20.13% | 49.96% | -29.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.41% | 65.75% | -36.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.37% | 58.74% | -22.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.63% | 61.19% | -10.56% |
Dividends
AROC vs. HMY - Dividend Comparison
AROC's dividend yield for the trailing twelve months is around 2.26%, less than HMY's 2.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AROC Archrock, Inc. | 2.26% | 3.07% | 2.69% | 3.96% | 6.46% | 7.75% | 6.70% | 5.52% | 6.73% | 4.57% | 3.77% |
HMY Harmony Gold Mining Company Limited | 2.49% | 1.07% | 1.59% | 0.66% | 1.14% | 2.23% | 0.00% | 0.00% | 0.00% | 3.13% | 1.37% |
Financials
AROC vs. HMY - Financials Comparison
This section allows you to compare key financial metrics between Archrock, Inc. and Harmony Gold Mining Company Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AROC vs. HMY - Profitability Comparison
AROC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Archrock, Inc. reported a gross profit of 0.00 and revenue of 373.77M. Therefore, the gross margin over that period was 0.0%.
HMY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Harmony Gold Mining Company Limited reported a gross profit of 20.53B and revenue of 46.57B. Therefore, the gross margin over that period was 44.1%.
AROC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Archrock, Inc. reported an operating income of 0.00 and revenue of 373.77M, resulting in an operating margin of 0.0%.
HMY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Harmony Gold Mining Company Limited reported an operating income of 19.36B and revenue of 46.57B, resulting in an operating margin of 41.6%.
AROC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Archrock, Inc. reported a net income of 73.79M and revenue of 373.77M, resulting in a net margin of 19.7%.
HMY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Harmony Gold Mining Company Limited reported a net income of 9.29B and revenue of 46.57B, resulting in a net margin of 19.9%.
Frequently Asked Questions
AROC and HMY have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HMY has higher volatility (20.93%) compared to AROC (10.67%). In terms of maximum drawdown, AROC dropped -84.90% vs HMY's -97.04%.
AROC currently has the higher Sharpe Ratio (1.97 vs 0.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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