Gold Fields vs Harmony Gold Mining Co
Gold Fields is the larger business, with $8.75bn of revenue in fiscal 2025 against $5.88bn for Harmony Gold Mining Co (1.5 times as much). Gold Fields grew faster (68.2% against 44.4%). Gold Fields kept more of each dollar of sales as profit: a net margin of 40.8% against 29.6%. Harmony Gold Mining Co carries less debt relative to equity (12.6% against 32.5%).
| Latest fiscal year | Gold FieldsGFI, 2025 | Harmony Gold Mining CoHMY, 2026 |
|---|---|---|
| Revenue | $8.75bn | $5.88bn |
| Revenue growth | 68.2% | 44.4% |
| Net income | $3.57bn | $1.74bn |
| Operating margin | — | 41.2% |
| Net margin | 40.8% | 29.6% |
| Return on equity | 52.3% | 48.1% |
| Free cash flow | $2.37bn | $934m |
| Cash | $1.78bn | $526m |
| Total debt | $2.74bn | $578m |
| Debt to equity | 32.5% | 12.6% |
| Dividend per share | — | — |
| Dividend yield | — | 2.8% |
| Share buybacks | $36.3m | — |
| Employees | — | — |
| Market value | $30.85bn | $9.57bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | — | — |
| Insider trades, 12 months | 2 buys, 0 sales | 0 buys, 0 sales |