B vs GFI: Barrick Mining and Gold Fields Ltd ADR compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Barrick Mining is the larger company, worth $62.4B, about 2.2 times Gold Fields Ltd ADR.
- Barrick Mining grew revenue faster over the last year (+31.2% vs +15.6%).
- On earnings, Barrick Mining is the cheaper stock (14.0x vs 26.7x).
- Gold Fields Ltd ADR's price assumes faster free cash flow growth: about 21% a year, against 2% for Barrick Mining (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | B | GFI |
|---|---|---|
| Market cap | $62.4B | $28.8B |
| Share price | $41.06 | $36.82 |
| Revenue (last fiscal year) | $17.0B | $5.2B |
| Free cash flow (last fiscal year) | $3.9B | $424M |
| Revenue growth, last year | +31.2% | +15.6% |
| Revenue growth per year, last 5 fiscal years | +9.1% | +7.5% |
| Operating margin | — | — |
| Net margin | 29.4% | 23.9% |
| Return on equity | 20.1% | 23.9% |
| P/E (trailing) | 14.0x | 26.7x |
| Price / free cash flow | 16.9x | 9.23x |
| EV / EBITDA | 5.86x | 12.8x |
| FCF growth the price implies | 2.2% | 21.1% |
| Dividend yield | 1.5% | 7.2% |
| Debt / equity | 0.56x | 0.92x |
| Fundamental grade | A | B |
| Superinvestors holding it | 10 | 4 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Barrick Mining
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $12.0B | $1.9B | — |
| 2022 | $11.0B | $432M | — |
| 2023 | $11.4B | $646M | — |
| 2024 | $12.9B | $1.3B | — |
| 2025 | $17.0B | $3.9B | — |
Gold Fields Ltd ADR
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2020 | $3.9B | $528M | — |
| 2021 | $4.2B | $142M | — |
| 2022 | $4.3B | $310M | — |
| 2023 | $4.5B | $138M | — |
| 2024 | $5.2B | $424M | — |
Where the revenue comes from
Barrick Mining · by segments, 2025
Carlin$4.0B22%
Cortez$2.7B15%
Other Mines$2.4B13%
Pueblo Viejo$2.3B13%
Turquoise Ridge$2.0B11%
Lumwana$1.5B8%
Gold Fields Ltd ADR · by products, 2025
Gold$8.4B96%
Copper$228M3%
Silver$117M1%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open B in InvestinglyQuestions
Which is bigger, Barrick Mining or Gold Fields Ltd ADR?
Barrick Mining (B), at $62.4B against $28.8B.
Is B or GFI cheaper?
By trailing P/E, Barrick Mining (14.0x) is cheaper than Gold Fields Ltd ADR (26.7x). A lower multiple can also mean the market expects less growth.
Which grows faster, B or GFI?
Barrick Mining: revenue grew +31.2% over the last year, against +15.6%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.