Gold Fields reports $3.57 billion profit, announces $1.7 billion shareholder payout

Gold Fields, one of Africa’s most valuable mining companies, delivered a record 2025 performance, with net profit surging to $3.57 billion, as elevated gold prices and disciplined capital allocation boosted margins.

According to its full year report, annual profit nearly tripled, surging 182% to $3.65 billion in 2025 from $1.29 billion a year earlier. Earnings per share rose to $3.99, reflecting stronger bullion markets and improved operational efficiency across its global portfolio. The sharp increase in profitability was driven by solid operational performance and improved margins.

Production and revenue expand
Gold-equivalent production rose to 2.44 million ounces, up from 2.07 million ounces a year earlier, while revenue per ounce increased significantly to $3,496, reflecting favorable market conditions. Adjusted free cash flow reached $2.97 billion, providing the foundation for substantial capital returns.

$1.7 billion returned to shareholders
In line with its dividend policy, the board declared a final dividend of R18.50 per share, bringing total base dividends to R25.50 for 2025, more than double the prior year’s payout.

Gold Fields also announced $353 million in additional distributions, including $253 million in special dividends and $100 million in share buybacks. Total shareholder returns reached approximately $1.7 billion, representing 54 percent of adjusted free cash flow.

Net debt falls sharply
Net debt declined to $1.44 billion from $2.09 billion, reducing the net debt-to-EBITDA ratio to 0.26 and reinforcing financial resilience.

With nine operating mines across Australia, Ghana, Peru, Chile and South Africa, Gold Fields remains one of Africa’s most globally diversified gold producers.

As geopolitical uncertainty and central bank demand keep gold prices elevated, Gold Fields’ disciplined cost structure and strong cash generation position it to sustain robust shareholder returns.