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Gold Fields vs Kinross Gold: revenue, profit, margins and growth compared

Gold Fields brought in $5.2B of revenue in fiscal 2024, Kinross Gold $7.1B in fiscal 2025. Revenue changed by +15.6% at Gold Fields and +36.9% at Kinross Gold on the year before, so Kinross Gold grew faster. Gold Fields kept 23.9% of its revenue as net profit, Kinross Gold 33.9%. Free cash flow was $423.6M at Gold Fields and $2.6B at Kinross Gold.

Side by side, latest fiscal year

GFIKGC
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$5.2B$7.1B
Revenue growth+15.6%+36.9%
Net income$1.2B$2.4B
Net margin23.9%33.9%
Free cash flow$423.6M$2.6B
Free cash flow margin8.1%36.4%
Earnings per share (diluted)$1.38$1.95
Cash$860.2M$1.7B
Debt$2.5B$738.2M
Price to earningsn/an/a
Market value$31.5B$28.8B
Dividend yieldn/an/a
Rank by revenue in sector#16 of 99 · Basic materials#13 of 99 · Basic materials

Over the years

Revenue
GFI FY2017: $2.8BGFI FY2018: $2.6BGFI FY2019: $3BGFI FY2020: $3.9BGFI FY2021: $4.2BGFI FY2022: $4.3BGFI FY2023: $4.5BGFI FY2024: $5.2BKGC FY2018: $3.2BKGC FY2019: $3.5BKGC FY2020: $4.2BKGC FY2021: $2.6BKGC FY2022: $3.5BKGC FY2023: $4.2BKGC FY2024: $5.1BKGC FY2025: $7.1BFY17FY18FY19FY20FY21FY22FY23FY24FY25
GFI $5.2BKGC $7.1B
Net income
GFI FY2017: -$18.7MGFI FY2018: -$348.2MGFI FY2019: $161.6MGFI FY2020: $723MGFI FY2021: $789.3MGFI FY2022: $711MGFI FY2023: $703.3MGFI FY2024: $1.2BKGC FY2018: -$23.6MKGC FY2019: $718.6MKGC FY2020: $1.3BKGC FY2021: $221.2MKGC FY2022: -$605.2MKGC FY2023: $416.3MKGC FY2024: $948.8MKGC FY2025: $2.4BFY17FY18FY19FY20FY21FY22FY23FY24FY25
GFI $1.2BKGC $2.4B
Net margin
GFI FY2017: -0.7%GFI FY2018: -13.5%GFI FY2019: 5.4%GFI FY2020: 18.6%GFI FY2021: 18.8%GFI FY2022: 16.6%GFI FY2023: 15.6%GFI FY2024: 23.9%KGC FY2018: -0.7%KGC FY2019: 20.5%KGC FY2020: 31.9%KGC FY2021: 8.5%KGC FY2022: -17.5%KGC FY2023: 9.8%KGC FY2024: 18.4%KGC FY2025: 33.9%FY17FY18FY19FY20FY21FY22FY23FY24FY25
GFI 23.9%KGC 33.9%
Revenue growth
GFI FY2018: -6.7%GFI FY2019: +15.1%GFI FY2020: +31.2%GFI FY2021: +7.8%GFI FY2022: +2.2%GFI FY2023: +5.0%GFI FY2024: +15.6%KGC FY2019: +8.9%KGC FY2020: +20.5%KGC FY2021: -38.3%KGC FY2022: +32.9%KGC FY2023: +22.7%KGC FY2024: +21.4%KGC FY2025: +36.9%FY18FY19FY20FY21FY22FY23FY24FY25
GFI +15.6%KGC +36.9%
Free cash flow
GFI FY2017: -$101.6MGFI FY2018: -$245.5MGFI FY2019: $232.5MGFI FY2020: $527.7MGFI FY2021: $141.5MGFI FY2022: $309.9MGFI FY2023: $138.1MGFI FY2024: $423.6MKGC FY2018: -$254.7MKGC FY2019: $164.7MKGC FY2020: $1BKGC FY2021: $313.5MKGC FY2023: $507MKGC FY2024: $1.4BKGC FY2025: $2.6BFY17FY18FY19FY20FY21FY22FY23FY24FY25
GFI $423.6MKGC $2.6B

Fiscal years as each company reports them; the two may end in different months.

Questions about Gold Fields and Kinross Gold

Which is bigger by revenue, Gold Fields or Kinross Gold?

Kinross Gold is bigger by revenue: $7.1B in fiscal 2025, against $5.2B for Gold Fields in fiscal 2024.

Which keeps more of its revenue as profit, Gold Fields or Kinross Gold?

Gold Fields had a net margin of 23.9% in fiscal 2024; Kinross Gold had 33.9% in fiscal 2025.

Which grew revenue faster, Gold Fields or Kinross Gold?

In their latest fiscal years revenue changed by +15.6% at Gold Fields and +36.9% at Kinross Gold.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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