GFINYSEGold and Silver OresFiscal year ends December 31Also trades as GFIOF
GOLD FIELDS LTD
Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 20-F on Mar 30, 2026
$36.67−0.93 (-2.47%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 26.6
- Dividend yield
- 1.06%
Margins
Share of revenue, fiscal years 2009 to 2024
Gross margin
45.3%+13.9 pts over 5 years
Net margin
23.9%+18.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2024
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +15.6% | +7.4% | +11.9% | – | |
| Gross profit | +34.5% | +9.0% | +20.4% | – | |
| Net income | +77.0% | +16.4% | +50.4% | – | |
| EPS, diluted | +79.2% | +16.2% | +48.7% | – | |
| Free cash flow | +206.7% | +44.1% | +12.7% | +4.9% | |
| Dividend per share | -4.9% | +2.7% | +50.8% | +25.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2015 | FY2019 | FY2024 | Trend |
|---|---|---|---|---|
| Return on equity | -8.0% | 6.0% | 25.7% | |
| Return on assets | -3.9% | 2.6% | 13.6% | |
| Current ratio | 1.73 | 0.78 | – | |
| Debt to equity | 0.71 | 0.66 | 0.48 | |
| Inventory turnover | 6.0× | 5.2× | 3.7× | |
| Capex to revenue | 25.0% | 20.6% | 22.8% | |
| Diluted shares | 775M | 839M | 896M |
Where the cash went
Fiscal 2020 to 2024, five years combined
Gold Fields generated $6.52B from operations and spent $6.46B on capital expenditure, dividends and share buybacks. 77% of that went back into the business.
Generated
$6.52B
Used
$6.46B
Capital expenditure$4.98B77%Dividends$1.48B23%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin23.9%
×Asset turnover0.57×
×Equity multiplier1.90×
=Return on equity, FY202425.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 23.9% | 0.57× | 1.90× | 25.7% |
| FY2023 | 15.6% | 0.58× | 1.79× | 16.2% |
| FY2022 | 16.6% | 0.58× | 1.79× | 17.4% |
| FY2021 | 18.8% | 0.57× | 1.94× | 20.7% |
| FY2020 | 18.6% | 0.55× | 2.18× | 22.4% |
| FY2019 | 5.4% | 0.48× | 2.33× | 6.0% |
| FY2018 | -13.5% | 0.42× | 2.12× | -11.9% |
| FY2017 | -0.7% | 0.43× | 2.03× | -0.6% |
| FY2016 | 5.9% | 0.44× | 2.17× | 5.6% |
| FY2015 | -10.1% | 0.39× | 2.05× | -8.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2024 against fiscal 2023
6of 8 tests passed in fiscal 2024. Some tests lack the figures they need.
- ProfitableNet income above zero$1.25B
- Cash generatingOperating cash flow above zero$1.61B
- Return on assets improvedROA up on the prior year9.6% → 15.1%
- Earnings backed by cashOperating cash flow above net income$1.61B vs $1.25B
- Less leverageLong-term debt to assets fell7.9% → 17.5%
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise895M → 896M
- Gross margin improvedGross margin up on the prior year38.97% → 45.33%
- More efficientAsset turnover rose0.61 → 0.63