Is the business good?
How good a business is GFI?
Gold Fields Limited earns 26% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
26%
Return on invested capital · cost of capital 9.0% · 17 points above what the capital costs: growth creates value
- Operating margin
- 44%
Operating margin · Gold median 39% · fiscal year to FY2024
- Cash conversion
- 0.34×
Cash conversion · 0.20× a year ago · some of the reported profit has not turned into cash yet
- Share count, year on year
- +0.05%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2019 | 29% |
| FY2020 | 44% |
| FY2021 | 42% |
| FY2022 | 39% |
| FY2023 | 38% |
| FY2024 | 44% |
Details›
- Gross marginfiscal year to FY2024
- 45%
- Operating marginfiscal year to FY2024
- 44%
- Net marginfiscal year to FY2024
- 24%
- Free cash flow margin
- 8.1%
- Revenue, trailing twelve months
- $5.20B
- Free cash flow, trailing twelve months
- $424M
- Net income, trailing twelve months
- $1.25B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 26%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Gold
The closest names by size in the same industry