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Gold Fields (Gold Fields) Operating Margin % : 30.89% (As of Dec. 2023)


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What is Gold Fields Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Gold Fields's Operating Income for the six months ended in Dec. 2023 was $690 Mil. Gold Fields's Revenue for the six months ended in Dec. 2023 was $2,234 Mil. Therefore, Gold Fields's Operating Margin % for the quarter that ended in Dec. 2023 was 30.89%.

Good Sign:

Gold Fields Ltd operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Gold Fields's Operating Margin % or its related term are showing as below:

GFI' s Operating Margin % Range Over the Past 10 Years
Min: 12.96   Med: 21.53   Max: 38.33
Current: 32.6


GFI's Operating Margin % is ranked better than
91.5% of 859 companies
in the Metals & Mining industry
Industry Median: 2 vs GFI: 32.60

Gold Fields's 5-Year Average Operating Margin % Growth Rate was 16.80% per year.

Gold Fields's Operating Income for the six months ended in Dec. 2023 was $690 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,467 Mil.


Gold Fields Operating Margin % Historical Data

The historical data trend for Gold Fields's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gold Fields Operating Margin % Chart

Gold Fields Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.19 38.33 37.32 33.51 32.60

Gold Fields Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.71 37.04 29.66 34.28 30.89

Competitive Comparison of Gold Fields's Operating Margin %

For the Gold subindustry, Gold Fields's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gold Fields's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gold Fields's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Gold Fields's Operating Margin % falls into.



Gold Fields Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Gold Fields's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1467.1 / 4500.7
=32.60 %

Gold Fields's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=690.1 / 2234.4
=30.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gold Fields  (NYSE:GFI) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Gold Fields Operating Margin % Related Terms

Thank you for viewing the detailed overview of Gold Fields's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gold Fields (Gold Fields) Business Description

Address
150 Helen Road, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Gold Fields Ltd is a producer of gold and is a holder of gold reserves and resources in South Africa, Ghana, Australia and Peru. In Peru, the company also produces copper. The company is primarily involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing and smelting. It conducts underground and surface mining operations at St. Ives, underground-only operations at Agnew, Granny Smith and South Deep and surface-only open pit mining at Damang, Tarkwa and Cerro Corona. The company's revenues are derived from the sale of gold that it produces.

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