Gold Fields Limited

GFI Basic Materials Gold

Gold Fields Limited’s revenue for fiscal 2025 (year ended December 2025) was $8.8 billion, up 68.2% from fiscal 2024. Revenue growth for five consecutive years; insiders bought in the last twelve months.

37.60 0.51 +1.38%
Market cap
$32.9B
P/E
22.3×
Fwd P/E
6.2×
Dividend yield
6.33%
F-score
8/9
Altman Z
5.81
Beneish M
−2.62
Dividend safety
70/100

Insider Decisions trades per month

Total buys 0.04
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — 2 — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 32,890.00
Revenue 8,463.47
Net Income 7,913.10
Free Cash Flow 4,495.90
Net Debt 333.60
Current Ratio 1.87 (at or above 1.5: strong)
Debt/Equity 0.27 (at or below 0.5: strong)
P/E ratio 22.25
Fwd P/E 6.16
P/S ratio 3.45
P/B ratio 3.37
Past 5Y EPS Growth 37.56% (at or above 15%: strong)
This Y EPS Growth 54.02% (at or above 15%: strong)
Next Y EPS Growth 8.44%
Next Y revenue growth 31.69% (at or above 10%: strong)
Next 5Y EPS Growth 20.66% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 78.40%
10-year low 10-year high
P/S against its own 10 years 91.89%
10-year low 10-year high
P/B against its own 10 years 88.91%
10-year low 10-year high
EV/Sales against its own 10 years 91.63%
10-year low 10-year high
EV/FCF against its own 10 years 2.14%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate 2.38
Annual Dividend Yield 6.33%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.96
1.37
1.01
2025 1.22
0.39
0.40
2024 0.39
0.22
0.17
2023 0.41
0.24
0.17
2022 0.34
0.17
0.17
2021 0.36
0.21
0.15
2020 0.16
0.06
0.10
2019 0.05
0.01
0.04
2018 0.06
0.04
0.01
2017 0.08
0.05
0.03
2016 0.05
0.01
0.03
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 649 860 1,779 2,197
Receivables 258 344 381 —
Inventory 828 699 783 —
Other 153 44 106 1,019
1,888 1,948 3,048 3,216
2023 2024 2025 Q'26
Payables 644 651 908 —
ST’ Debt 583 719 179 —
Other 106 141 198 1,615
1,506 1,710 1,700 1,719

Compound Annual Growth %

10y 5y 3y
Sales 13.14% 17.59% 26.86%
Cash Flow 17.63% 27.69% 39.85%
Earnings 0.00% 37.61% 71.20%
Book Value 12.10% 17.77% 25.96%

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 8,751
’24 — — — — 5,202
’23 — — — — 4,501
’22 — — — — 4,287
’21 — — — — 4,195
’20 — — — — 3,892
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — 1,793 — — —
’25 — 1,306 — 3,772 3,772
’24 — 430 — 1,607 1,607
’23 — — — — 1,193
’22 — — — — 1,379
’21 — — — — 1,230
’20 — — — — 1,111
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — 1,084 — — —
’25 — 639 — 2,352 2,352
’24 — (166) — 421 421
’23 — (502) — (1,017) 176
’22 — (520) — (1,041) 338
’21 — (467) — (1,057) 173
’20 — (238) — (590) 521
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 3.99
’24 — — — — 1.38
’23 — — — — 0.77
’22 — — — — 0.78
’21 — — — — 0.88
’20 — — — — 0.81
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 2.60 2.86 2.20 3.46 3.79 7.75 7.03 8.89 12.19 13.78

Analyst estimates 2026–2028

Powerpack
High 6.60 4.70 4.54 6.83 14.90 12.53 17.20 17.78 18.97 47.60
People
People Employees 9,000 8,856 5,601 5,655 5,641 5,957 6,372 6,297 6,560 6,628
Revenue/emp, $m 0.30 0.31 0.46 0.52 0.69 0.70 0.67 0.71 0.79 1.32
Income, $m
Income, $m Revenue 2,666 2,762 2,578 2,967 3,892 4,195 4,287 4,501 5,202 8,751
Gross margin, % 24.95 23.78 20.75 31.47 44.75 43.39 39.17 38.97 45.33 57.94
EBT 357 152 (411) 350 1,178 1,254 1,151 1,210 1,988 5,295
EBT margin, % 13.40 5.52 (15.93) 11.81 30.26 29.90 26.85 26.89 38.21 60.50
Net income 168 (21) (345) 175 745 830 709 745 1,291 3,645
Depreciation 671 748 668 610 661 713 844 795 627 920
Per share, $
Per share, $ Revenue 3.29 3.37 3.14 3.59 4.43 4.73 4.81 5.04 5.81 9.78
Earnings 0.20 (0.04) (0.42) 0.20 0.82 0.89 0.80 0.79 1.39 3.99
Cash flow 1.13 0.93 0.69 1.02 1.26 1.39 1.55 1.34 1.80 4.21
Capex (0.77) (0.99) (0.89) (0.74) (0.67) (1.19) (1.17) (1.14) (1.33) (1.59)
Free cash flow 0.36 (0.06) (0.20) 0.29 0.59 0.20 0.38 0.20 0.47 2.63
Book value 3.92 4.15 3.29 3.52 4.36 4.65 4.87 5.17 6.00 9.69
Shares, m 810 821 822 827 879 887 891 893 895 895
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 8.56 6.27 6.60 8.32 7.81 25.84
P/S 0.99 1.35 0.87 1.05 1.01 1.05 1.01 1.29 1.21 4.01
P/B 0.79 1.01 1.01 1.76 1.88 2.07 1.94 2.36 1.91 3.91
EV/Sales 1.44 1.86 1.43 1.38 1.14 1.17 1.10 1.40 1.45 4.16
EV/FCF 8.21 31.07 (9.76) 586.32 7.56 9.88 12.93 16.77 (11.95) 10.86
Cash, $m
Cash, $m Operating cash flow 918 762 569 845 1,111 1,230 1,379 1,193 1,607 3,772
Capex (626) (810) (735) (609) (590) (1,057) (1,041) (1,017) (1,186) (1,420)
Free cash flow 291 (48) (167) 236 521 173 338 176 421 2,352
Balance, $m
Balance, $m Working capital 193 260 195 (267) 843 599 1,017 382 237 1,349
Total debt 1,693 1,782 1,987 2,134 1,892 1,494 1,474 1,596 2,859 3,117
Net debt 1,166 1,303 1,767 1,617 923 964 704 948 1,999 1,338
Shareholders’ equity 3,173 3,403 2,707 2,909 3,828 4,130 4,340 4,620 5,367 8,672
Returns, %
Returns, % ROA 2.60 (0.29) (5.56) 2.59 10.30 10.65 9.68 9.04 13.56 28.13
ROIC 6.69 5.90 3.01 10.29 19.60 19.19 20.94 16.34 17.70 27.12
ROE 5.33 (0.57) (11.40) 5.76 21.46 19.84 16.79 15.70 24.93 50.82
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Dec 2015

Charts ten years each

Gold Fields Limited vs peers in Gold (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NEM Newmont Corporation $122.0B 14.9× 9.4× +15.06% (above 0%: growing) +11.29% (above 0%: growing) −18.03% (below 0%: shrinking) 65.87% 50.60% Compare
WPM Wheaton Precious Metals Corp. $60.5B 29.6× 22.9× +84.65% (above 0%: growing) +87.50% (above 0%: growing) −5,847.95% (below 0%: shrinking) 74.03% 71.79% Compare
FNV Franco-Nevada Corporation $46.5B 31.7× 24.5× +57.26% (above 0%: growing) +43.75% (above 0%: growing) +143.18% (above 0%: growing) 77.64% 76.73% Compare
AU AngloGold Ashanti PLC $46.2B 12.4× 8.7× +26.95% (above 0%: growing) +49.24% (above 0%: growing) +41.62% (above 0%: growing) 54.86% 50.77% Compare
GFI Gold Fields Limited $32.9B 22.3× 6.2× +8.27% (above 0%: growing) n/m +754.13% (above 0%: growing) 37.73% 0.00%
RGLD Royal Gold, Inc. $19.7B 26.0× 16.3× +114.91% (above 0%: growing) +38.31% (above 0%: growing) +119.34% (above 0%: growing) 86.66% 62.13% Compare
CDE Coeur Mining, Inc. $15.8B 13.0× 9.8× +125.86% (above 0%: growing) +9.09% (above 0%: growing) +165.48% (above 0%: growing) 49.36% 19.94% Compare
EQX Equinox Gold Corp. $13.0B 10.7× 8.0× +169.33% (above 0%: growing) +480.00% (above 0%: growing) −103.64% (below 0%: shrinking) 39.20% 32.14% Compare
HMY Harmony Gold Mining Company Limited $10.7B 52.5× 3.6× −3.10% (below 0%: shrinking) n/m +265.24% (above 0%: growing) 26.37% 0.00% Compare
Median of peers $33.0B 20.5× 9.6× +70.96% +43.75% +80.48% 60.37% 50.69%

All 37 Gold stocks →

Gold Fields Limited (GFI) key facts

  • Strength: Gold Fields Limited’s revenue for fiscal 2025 (year ended December 2025) was $8.8 billion, up 68.2% from fiscal 2024.
  • Strength: Net income was $3.6 billion, or $3.99 per share (basic), a net margin of 40.8%.
  • Gold Fields Limited (GFI) is a Gold company in the Basic Materials sector, traded in the US as an ADR.
  • As of October 16, 2026, GFI traded at $37.60, a market capitalization of $32.9 billion.
  • At that price the stock trades at 22.3× trailing-twelve-month earnings and 3.5× sales; its P/E is higher than 78% of its own readings over the past ten years.
  • Gold Fields Limited pays an annual dividend of $2.38 per share, a yield of 6.33%.
  • Return on equity was 50.8% and debt-to-equity 0.27.
  • Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 5.81 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Gold Fields Limited (GFI) Latest News

25 Aug

4 Jun

10 May

23 Feb

stockrow.com/GFI · Data as of Dec 31, 2015 · For information only; not investment advice. · © 2026 stockrow.com