GFI

MKT CAP:$41B

Gold Fields Limited

Market Cap

$41B

Basic Materials·Gold·🇿🇦 South Africa·NYSE

Materials·Gold·🇿🇦·NYSE

Stock Price

$45.76+$2.20 (+5.05%)

Apr 24, 2026

Company Details

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annu...

CEO

Michael John Fraser

IPO Date

Mar 17, 1980

Website

www.goldfields.com

Key Metrics TTM

Revenue

$14.0B

+60.7% YoY

Net Income

$4.8B

EPS (Diluted)

$5.36

Free Cash Flow

$3.8B

Revenue / Share

$15.63

Gross Margin

52.5%

Operating Margin

48.3%

Net Margin

34.5%

FCF Margin

27.5%

P/S

2.9x

P/E

8.5x

Earnings Reports

FY 2025

Mar 30, 2026

$8.8B+68.8%EPS $3.96

Q4 2025

Mar 30, 2026

$5.3B+71.8%EPS $2.83

Q2 2025

Aug 22, 2025

$3.5B+64.2%EPS $1.14

FY 2024

Mar 27, 2025

$5.2B+15.6%EPS $1.38

Q4 2024

Mar 27, 2025

$3.1BEPS $0.96

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 15	$1.3B	$483M	$139M
Q4 15	$1.3B	-$79M	$105M
Q2 18	$1.4B	$630M	$175M
Q4 18	$1.2B	-$157M	$96M
Q2 19	$1.4B	$650M	$262M
Q4 19	$1.6B	$210M	$423M
Q2 20	$1.8B	$939M	$539M
Q4 20	$2.1B	$698M	$922M
Q2 21	$2.0B	$1.1B	$712M
Q4 21	$2.2B	$610M	$838M
Q2 22	$2.2B	$1.3B	$811M
Q2 23	$2.3B	$1.3B	$745M
Q2 24	$2.1B	$735M	$653M
Q4 24	$3.1B	$1.8B	$1.8B
Q2 25	$3.5B	$1.8B	$1.6B
Q4 25	$5.3B	$3.0B	$2.7B

Valuation

Quarter	P/S	P/E
Q2 15	—	—
Q4 15	0.4x	—
Q2 18	0.6x	—
Q4 18	0.6x	—
Q2 19	0.8x	—
Q4 19	1.0x	—
Q2 20	1.3x	23.9x
Q4 20	1.2x	9.6x
Q2 21	1.1x	6.7x
Q4 21	1.2x	6.3x
Q2 22	1.0x	4.7x
Q2 23	1.4x	7.1x
Q2 24	1.5x	7.6x
Q4 24	1.2x	5.4x
Q2 25	1.9x	7.8x
Q4 25	2.8x	8.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 15	$337M	$4M
Q4 15	$422M	$121M
Q2 18	$263M	-$148M
Q4 18	$351M	-$52M
Q2 19	$456M	$100M
Q4 19	$434M	$178M
Q2 20	$549M	$310M
Q4 20	$701M	$356M
Q2 21	$667M	$198M
Q4 21	$886M	$266M
Q2 22	$856M	$311M
Q2 23	$727M	$219M
Q2 24	$645M	$44M
Q4 24	$1.3B	$681M
Q2 25	$1.7B	$1.0B
Q4 25	$2.9B	$2.1B

Capital Expenditures

Quarter	CapEx
Q2 15	$333M
Q4 15	$301M
Q2 18	$411M
Q4 18	$403M
Q2 19	$356M
Q4 19	$256M
Q2 20	$239M
Q4 20	$345M
Q2 21	$469M
Q4 21	$619M
Q2 22	$545M
Q2 23	$508M
Q2 24	$601M
Q4 24	$648M
Q2 25	$671M
Q4 25	$756M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 18	-7.6%	-8.3%
Q4 18	-12.8%	-13.9%
Q2 19	+8.5%	-1.3%
Q4 19	+24.6%	-0.4%
Q2 20	+29.9%	+3.4%
Q4 20	+74.2%	+7.4%
Q2 21	+43.9%	+13.9%
Q4 21	+39.2%	+17.8%
Q2 22	+27.4%	+17.2%
Q2 23	+6.0%	+25.2%
Q2 24	+7.1%	+15.7%
Q4 24	+39.2%	-4.7%
Q2 25	+56.0%	+31.1%
Q4 25	+133.3%	+69.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 15	$6M	0.5%
Q4 15	$5M	0.4%
Q2 18	$20M	1.5%
Q4 18	$17M	1.4%
Q2 19	$11M	0.8%
Q4 19	$9M	0.6%
Q2 20	$7M	0.4%
Q4 20	$8M	0.4%
Q2 21	$6M	0.3%
Q4 21	$6M	0.3%
Q2 22	$4M	0.2%
Q2 23	$5M	0.2%
Q2 24	$0	0.0%
Q4 24	$900.0K	0.0%
Q2 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q2 15	$42M
Q4 15	$600.0K
Q2 18	$78M
Q4 18	$30M
Q2 19	$61M
Q4 19	$24M
Q2 20	$68M
Q4 20	$60M
Q2 21	$51M
Q4 21	$29M
Q2 22	$48M
Q2 23	$66M
Q2 24	$82M
Q4 24	$81M
Q2 25	$139M
Q4 25	$285M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 18	$498M	$0	$498M
Q4 18	$400M	$0	$400M
Q2 19	$535M	$0	$535M
Q4 19	$515M	$0	$515M
Q2 20	$941M	$0	$941M
Q4 20	$887M	$0	$887M
Q2 21	$704M	$0	$704M
Q4 21	$525M	$0	$525M
Q2 22	$724M	$0	$724M
Q4 22	$769M	$0	$769M
Q2 23	$651M	$0	$651M
Q4 23	$649M	$0	$649M
Q2 24	$528M	$0	$528M
Q4 24	$860M	$0	$860M
Q2 25	$1.1B	$0	$1.1B
Q4 25	$1.8B	$0	$1.8B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 15	774M	+0.5%	—
Q4 15	776M	+0.3%	—
Q2 18	821M	+5.8%	-14.5%
Q4 18	844M	+2.9%	+9.7%
Q2 19	881M	+4.4%	+13.9%
Q4 19	829M	-6.0%	+6.8%
Q2 20	874M	+5.4%	+6.5%
Q4 20	906M	+3.7%	+7.3%
Q2 21	892M	-1.5%	+1.3%
Q4 21	895M	+0.2%	+7.9%
Q2 22	895M	+0.0%	+2.4%
Q2 23	895M	-0.0%	-1.2%
Q2 24	895M	+0.1%	+0.3%
Q4 24	896M	+0.0%	+0.1%
Q2 25	896M	+0.0%	+0.1%
Q4 25	894M	-0.1%	-0.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 15	$141.1K	9K
Q4 15	$140.1K	9K
Q2 18	$150.1K	9K
Q4 18	$219.1K	6K
Q2 19	$246.1K	6K
Q4 19	$280.9K	6K
Q2 20	$310.2K	6K
Q4 20	$379.0K	6K
Q2 21	$351.6K	6K
Q4 21	$371.3K	6K
Q2 22	$375.2K	6K
Q2 23	$355.7K	6K
Q2 24	$92.3K	23K
Q4 24	$469.2K	7K
Q2 25	$531.5K	7K
Q4 25	$227.6K	23K

Revenue / Employee