NYSE : GFI
Gold Fields Limited — Financial statements
Materials · Gold · South Africa
Last price 32.92 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 29.47B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Gold Fields Limited (GFI) reported revenue of 11.37B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 11.37B | 8.75B | 5.20B | 4.50B | 4.29B | 4.20B |
| Cost of Revenue | 4.80B | 3.91B | 2.99B | 2.86B | 2.72B | 2.49B |
| Gross Profit | 6.57B | 4.84B | 2.21B | 1.64B | 1.57B | 1.71B |
| Selling, General & Admin | 34.70M | 43.20M | 14.50M | 55.80M | 29.00M | 28.50M |
| Other Operating Expenses | 116.50M | 126.30M | 96.10M | 66.60M | 36.00M | 47.00M |
| Operating Expenses | 531.80M | 492.70M | 213.40M | 215.50M | 166.50M | 158.80M |
| Operating Income | 6.04B | 4.35B | 2.00B | 1.42B | 1.40B | 1.55B |
| Interest Expense | -158.10M | -91.00M | -25.00M | -40.20M | -59.70M | -91.20M |
| Interest & Investment Income | 67.90M | 53.30M | 28.70M | 24.90M | 13.30M | 8.30M |
| Earnings From Equity Investments | -2.30M | -53.60M | -32.60M | -2.90M | -2.60M | |
| Currency Exchange Gain (Loss) | -67.00M | 6.60M | -6.60M | -5.60M | 6.70M | -1.90M |
| Other Non Operating Income (Expenses) | -900.00K | -900.00K | -600.00K | -900.00K | 23.00M | -101.50M |
| EBT Excluding Unusual Items | 5.88B | 4.31B | 1.94B | 1.37B | 1.38B | 1.36B |
| Merger & Restructuring Charges | -8.50M | -10.30M | -6.60M | -7.80M | -44.30M | -1.30M |
| Gain (Loss) on Sale of Investments | 808.20M | 808.20M | -113.60M | -30.80M | ||
| Gain (Loss) on Sale of Assets | 1.10M | 1.10M | 68.50M | 32.40M | 10.40M | 8.50M |
| Asset Writedown | 280.90M | 281.30M | -3.50M | -156.40M | -391.40M | -1.60M |
| Legal Settlements | -700.00K | -700.00K | 300.00K | 4.10M | 2.20M | 700.00K |
| Other Unusual Items | -153.20M | -96.60M | -10.80M | -29.40M | 305.00M | -51.90M |
| Pretax Income | 6.81B | 5.29B | 1.99B | 1.21B | 1.15B | 1.28B |
| Income Tax Expense | 2.27B | 1.65B | 697.10M | 465.10M | 442.10M | 424.90M |
| Earnings From Continuing Operations | 4.54B | 3.65B | 1.29B | 745.20M | 708.70M | 858.90M |
| Earnings From Discontinued Operations | -42.60M | -18.90M | 13.00M | -29.40M | ||
| Net Income to Company | 4.50B | 3.65B | 1.29B | 726.30M | 721.70M | 829.50M |
| Minority Interest in Earnings | -100.90M | -78.00M | -45.50M | -23.00M | -10.70M | -40.20M |
| Net Income | 4.40B | 3.57B | 1.25B | 703.30M | 711.00M | 789.30M |
| Net Income to Common | 4.40B | 3.57B | 1.25B | 703.30M | 711.00M | 789.30M |
| Shares Outstanding (Basic) | 894.35M | 894.97M | 894.88M | 893.32M | 890.97M | 887.31M |
| Shares Outstanding (Diluted) | 897.61M | 897.34M | 895.50M | 895.04M | 893.92M | 893.50M |
| EPS (Basic) | 4.91 | 3.99 | 1.39 | 0.79 | 0.80 | 0.89 |
| EPS (Diluted) | 4.87 | 3.94 | 1.38 | 0.77 | 0.78 | 0.88 |
| Free Cash Flow | 4.43B | 3.09B | 774.50M | 506.70M | 614.30M | 463.80M |
| Free Cash Flow Per Share | 4.93 | 3.44 | 0.86 | 0.57 | 0.69 | 0.52 |
| Dividend Per Share | 2.14 | 1.54 | 0.53 | 0.41 | 0.44 | 0.29 |
| Gross Margin | 57.77% | 55.29% | 42.49% | 36.38% | 36.59% | 40.71% |
| Operating Margin | 53.09% | 49.66% | 38.39% | 31.59% | 32.71% | 36.93% |
| Profit Margin | 38.66% | 40.76% | 23.94% | 15.63% | 16.59% | 18.81% |
| Free Cash Flow Margin | 38.93% | 35.30% | 14.89% | 11.26% | 14.33% | 11.05% |
| EBITDA | 7.13B | 5.17B | 2.54B | 2.22B | 2.25B | 2.29B |
| EBITDA Margin | 62.70% | 59.09% | 48.74% | 49.26% | 52.40% | 54.67% |
| D&A For EBITDA | 1.09B | 824.90M | 538.70M | 795.30M | 844.30M | 744.50M |
| EBIT | 6.04B | 4.35B | 2.00B | 1.42B | 1.40B | 1.55B |
| EBIT Margin | 53.09% | 49.66% | 38.39% | 31.59% | 32.71% | 36.93% |
| Effective Tax Rate | 33.32% | 31.15% | 35.07% | 38.43% | 38.42% | 33.10% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.20B | 1.78B | 860.20M | 648.70M | 769.40M | 524.70M |
| Short-Term Investments | 100.00K | |||||
| Cash & Short-Term Investments | 2.20B | 1.78B | 860.20M | 648.70M | 769.40M | 524.80M |
| Accounts Receivable | 144.10M | 152.70M | 68.70M | 55.80M | 76.60M | |
| Other Receivables | 155.30M | 140.40M | 129.80M | 151.90M | 78.80M | |
| Receivables | 299.40M | 293.10M | 198.50M | 207.70M | 155.40M | |
| Inventory | 782.60M | 699.30M | 827.90M | 759.00M | 627.60M | |
| Prepaid Expenses | 81.60M | 50.80M | 59.30M | 66.30M | 108.20M | |
| Other Current Assets | 1.02B | 105.60M | 44.40M | 153.30M | 5.10M | |
| Total Current Assets | 3.22B | 3.05B | 1.95B | 1.89B | 1.80B | 1.42B |
| Property, Plant & Equipment | 11.57B | 11.34B | 7.30B | 5.07B | 4.82B | 5.08B |
| Long-Term Investments | 178.40M | 192.40M | 152.50M | 654.80M | 197.00M | 317.40M |
| Long-Term Deferred Tax Assets | 53.60M | 38.20M | 154.90M | 172.20M | 195.50M | 260.60M |
| Other Long-Term Assets | 581.60M | 609.40M | 589.30M | 437.20M | 304.10M | 243.30M |
| Total Assets | 15.60B | 15.23B | 10.14B | 8.23B | 7.34B | 7.35B |
| Accounts Payable | 225.00M | 151.70M | 161.80M | 133.10M | 165.00M | |
| Accrued Expenses | 25.30M | 772.50M | 561.10M | 541.50M | 505.90M | 451.50M |
| Short-Term Debt | 178.70M | 719.10M | ||||
| Current Portion of Long-Term Debt | 583.10M | |||||
| Current Portion of Leases | 103.80M | 103.90M | 86.90M | 76.70M | 64.10M | 60.40M |
| Current Income Taxes Payable | 311.50M | 112.40M | 95.70M | 53.60M | 115.90M | |
| Other Current Liabilities | 1.59B | 108.30M | 79.20M | 47.00M | 28.70M | 29.60M |
| Total Current Liabilities | 1.72B | 1.70B | 1.71B | 1.51B | 785.40M | 822.40M |
| Long-Term Debt | 2.17B | 2.56B | 1.78B | 653.40M | 1.08B | 1.08B |
| Long-Term Leases | 356.00M | 379.10M | 363.30M | 359.70M | 330.10M | 355.10M |
| Long-Term Deferred Tax Liabilities | 1.62B | 1.40B | 503.80M | 389.30M | 399.80M | 500.90M |
| Other Long-Term Liabilities | 511.00M | 512.60M | 422.00M | 698.30M | 404.00M | 462.20M |
| Total Liabilities | 6.38B | 6.55B | 4.78B | 3.61B | 3.00B | 3.22B |
| Common Stock | 3.72B | 3.84B | 3.87B | 3.87B | 3.87B | 3.87B |
| Retained Earnings | 7.30B | 6.68B | 3.86B | 2.96B | 2.63B | 2.22B |
| Comprehensive Income & Other | -2.04B | -2.09B | -2.53B | -2.36B | -2.29B | -2.12B |
| Total Common Equity | 8.97B | 8.43B | 5.20B | 4.48B | 4.21B | 3.98B |
| Minority Interest | 249.10M | 239.80M | 165.50M | 143.70M | 131.90M | 152.30M |
| Shareholders' Equity | 9.22B | 8.67B | 5.37B | 4.62B | 4.34B | 4.13B |
| Total Liabilities & Equity | 15.60B | 15.23B | 10.14B | 8.23B | 7.34B | 7.35B |
| Total Debt | 2.63B | 3.22B | 2.95B | 1.67B | 1.47B | 1.49B |
| Net Cash (Debt) | -437.40M | -1.44B | -2.09B | -1.02B | -704.10M | -968.80M |
| Net Cash Per Share | -0.49 | -1.61 | -2.33 | -1.14 | -0.79 | -1.08 |
| Filing Date Shares Outstanding | 890.90M | 894.42M | 895.02M | 893.54M | 891.38M | 887.72M |
| Total Common Shares Outstanding | 890.90M | 894.42M | 895.02M | 893.54M | 891.38M | 887.72M |
| Working Capital | 1.50B | 1.35B | 237.40M | 381.90M | 1.02B | 598.70M |
| Book Value Per Share | 10.07 | 9.43 | 5.81 | 5.01 | 4.72 | 4.48 |
| Tangible Book Value | 8.97B | 8.43B | 5.20B | 4.48B | 4.21B | 3.98B |
| Tangible Book Value Per Share | 10.07 | 9.43 | 5.81 | 5.01 | 4.72 | 4.48 |
| Land | 4.37B | 1.77B | 480.00M | 432.00M | 466.90M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 4.40B | 3.57B | 1.25B | 703.30M | 711.00M | 789.30M |
| Depreciation & Amortization | 1.19B | 920.40M | 627.40M | 795.30M | 844.30M | 744.50M |
| Loss (Gain) From Sale of Assets | -700.00K | -1.10M | -68.50M | -32.40M | -10.40M | -8.50M |
| Asset Writedown & Restructuring Costs | -280.90M | -281.30M | 3.50M | 156.40M | 391.40M | 1.60M |
| Loss (Gain) From Sale of Investments | -808.20M | -808.20M | 113.60M | 30.80M | ||
| Loss (Gain) on Equity Investments | 2.30M | 52.10M | 31.30M | 1.90M | 1.00M | |
| Stock-Based Compensation | 57.10M | 68.60M | 18.90M | 64.90M | 35.90M | 41.20M |
| Provision & Write-off of Bad Debts | 66.00M | 66.00M | 33.20M | 17.50M | 41.10M | |
| Other Operating Activities | 1.09B | 811.90M | 93.20M | 22.00M | -257.10M | 47.60M |
| Change in Accounts Receivable | -61.60M | -61.60M | -96.80M | -61.40M | 38.50M | 47.70M |
| Change in Inventory | 42.60M | 42.60M | 15.30M | -153.10M | -195.10M | -132.10M |
| Change in Accounts Payable | 206.40M | 206.40M | 95.40M | 15.40M | 22.40M | -5.00M |
| Operating Cash Flow | 5.85B | 4.48B | 1.96B | 1.56B | 1.68B | 1.55B |
| Capital Expenditures | -1.43B | -1.39B | -1.18B | -1.05B | -1.07B | -1.09B |
| Sale of Property, Plant & Equipment | 900.00K | 2.20M | 2.70M | 2.00M | 2.00M | 2.80M |
| Cash Acquisitions | -2.12B | -2.12B | -1.45B | |||
| Investment in Securities | 775.70M | 788.60M | 61.00M | -341.80M | -20.10M | -3.20M |
| Other Investing Activities | -34.70M | -42.10M | -18.40M | 24.80M | 15.20M | 18.60M |
| Investing Cash Flow | -2.70B | -2.77B | -2.59B | -1.37B | -1.07B | -1.07B |
| Long-Term Debt Issued | 4.09B | 2.29B | 804.80M | 206.50M | 207.50M | |
| Long-Term Debt Repaid | -4.22B | -1.08B | -722.40M | -263.40M | -718.00M | |
| Lease Payments | -121.90M | -103.20M | -92.20M | -71.50M | -65.50M | -73.80M |
| Net Debt Issued (Repaid) | -318.80M | -137.00M | 1.21B | 82.40M | -56.90M | -510.50M |
| Repurchase of Common Stock | -146.90M | -36.30M | ||||
| Common Dividends Paid | -1.60B | -707.10M | -350.90M | -368.60M | -304.40M | -322.30M |
| Financing Cash Flow | -2.06B | -880.40M | 861.70M | -286.20M | -361.30M | -832.80M |
| Foreign Exchange Rate Adjustments | 29.10M | 85.90M | -17.50M | -26.20M | -5.40M | -11.30M |
| Net Cash Flow | 1.13B | 919.00M | 211.50M | -120.70M | 244.70M | -362.10M |
| Free Cash Flow | 4.43B | 3.09B | 774.50M | 506.70M | 614.30M | 463.80M |
| Free Cash Flow Margin | 38.93% | 35.30% | 14.89% | 11.26% | 14.33% | 11.05% |
| Free Cash Flow Per Share | 4.93 | 3.44 | 0.86 | 0.57 | 0.69 | 0.52 |
| Levered Free Cash Flow | 4.18B | 2.55B | 890.58M | 531.90M | 443.50M | 549.49M |
| Unlevered Free Cash Flow | 4.27B | 2.60B | 906.20M | 557.02M | 480.81M | 606.49M |
| Free Cash Flow After Leases | 4.30B | 2.99B | 682.30M | 435.20M | 548.80M | 390.00M |
| Cash Interest Paid | 174.30M | 159.90M | 130.40M | 104.80M | 97.20M | 103.20M |
| Cash Income Tax Paid | 789.70M | 789.70M | 525.50M | 421.80M | 611.70M | 448.80M |
| Change in Working Capital | 304.10M | 187.40M | 13.90M | -199.10M | -134.20M | -89.40M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 29.58B | 39.23B | 11.71B | 13.57B | 9.24B | 9.69B |
| Enterprise Value | 30.26B | 41.00B | 12.97B | 14.77B | 10.21B | 10.81B |
| Last Close Price | 35.12 | 41.98 | 12.40 | 13.30 | 9.25 | 9.57 |
| PE Ratio | 6.87 | 11.00 | 9.41 | 19.29 | 12.99 | 12.27 |
| PS Ratio | 2.79 | 4.48 | 2.25 | 3.02 | 2.15 | 2.31 |
| PB Ratio | 3.43 | 4.52 | 2.18 | 2.94 | 2.13 | 2.35 |
| P/TBV Ratio | 3.53 | 4.65 | 2.25 | 3.03 | 2.19 | 2.44 |
| P/FCF Ratio | 7.16 | 12.70 | 15.12 | 26.78 | 15.03 | 20.88 |
| P/OCF Ratio | 5.41 | 8.76 | 5.98 | 8.69 | 5.49 | 6.24 |
| EV/Sales Ratio | 2.85 | 4.68 | 2.49 | 3.28 | 2.38 | 2.58 |
| EV/EBITDA Ratio | 4.54 | 7.93 | 5.11 | 6.66 | 4.54 | 4.71 |
| EV/EBIT Ratio | 5.36 | 9.43 | 6.49 | 10.39 | 7.28 | 6.98 |
| EV/FCF Ratio | 7.31 | 13.27 | 16.74 | 29.15 | 16.62 | 23.32 |
| Debt / Equity Ratio | 0.29 | 0.37 | 0.55 | 0.36 | 0.34 | 0.36 |
| Debt / EBITDA Ratio | 0.36 | 0.61 | 1.12 | 0.75 | 0.66 | 0.65 |
| Debt / FCF Ratio | 0.59 | 1.04 | 3.80 | 3.30 | 2.40 | 3.22 |
| Net Debt / Equity Ratio | 0.05 | 0.17 | 0.39 | 0.22 | 0.16 | 0.23 |
| Net Debt / EBITDA Ratio | 0.06 | 0.28 | 0.82 | 0.46 | 0.31 | 0.42 |
| Net Debt / FCF Ratio | 0.10 | 0.47 | 2.69 | 2.02 | 1.15 | 2.09 |
| Asset Turnover | 0.86 | 0.69 | 0.57 | 0.58 | 0.58 | 0.57 |
| Inventory Turnover | 5.28 | 3.92 | 3.61 | 3.92 | 4.33 | |
| Quick Ratio | 1.28 | 1.22 | 0.67 | 0.56 | 1.24 | 0.83 |
| Current Ratio | 1.87 | 1.79 | 1.14 | 1.25 | 2.29 | 1.73 |
| Return on Equity (ROE) | 58.68% | 51.93% | 25.84% | 16.63% | 16.73% | 21.58% |
| Return on Assets (ROA) | 28.52% | 21.41% | 13.59% | 11.42% | 11.93% | 13.06% |
| Return on Invested Capital (ROIC) | 41.67% | 34.07% | 19.80% | 16.38% | 17.03% | 20.74% |
| Return on Capital Employed (ROCE) | 43.50% | 32.10% | 23.70% | 21.20% | 21.40% | 23.70% |
| Earnings Yield | 14.55% | 9.09% | 10.63% | 5.18% | 7.70% | 8.15% |
| FCF Yield | 13.97% | 7.87% | 6.61% | 3.73% | 6.65% | 4.79% |
| Dividend Yield | 5.75% | 3.51% | 4.05% | 2.68% | 4.23% | 2.70% |
| Payout Ratio | 39.32% | 19.82% | 28.18% | 52.41% | 42.81% | 40.83% |
| Buyback Yield / Dilution | -0.22% | -0.21% | -0.05% | -0.12% | -0.05% | -0.41% |
| Total Shareholder Return | 5.48% | 3.31% | 4.00% | 2.56% | 4.18% | 2.29% |