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Side-by-side financial comparison of GOLD FIELDS LTD (GFI) and Vistra Corp. (VST). Click either name above to swap in a different company.

GOLD FIELDS LTD is the larger business by last-quarter revenue ($5.2B vs $4.8B, roughly 1.1× Vistra Corp.). GOLD FIELDS LTD runs the higher net margin — 24.8% vs 4.8%, a 20.0% gap on every dollar of revenue. On growth, Vistra Corp. posted the faster year-over-year revenue change (31.2% vs 15.6%). Vistra Corp. produced more free cash flow last quarter ($596.0M vs $423.6M).

Gold Fields Limited is one of the world's largest gold mining firms. Headquartered in Johannesburg, South Africa, the company is listed on both the Johannesburg Stock Exchange (JSE) and the New York Stock Exchange (NYSE). The firm was formed in 1998 with the amalgamation of the gold assets of Gold Fields of South Africa Limited and Gencor Limited. The company traces its roots back to 1887, when Cecil Rhodes founded Gold Fields of South Africa Limited. As of 2019, Gold Fields was the world's e...

Vistra may refer to either of two companies:Vistra, a corporate services company based in Hong Kong Vistra Corp, an energy company based in Texas

GFI vs VST — Head-to-Head

Bigger by revenue
GFI
GFI
1.1× larger
GFI
$5.2B
$4.8B
VST
Growing faster (revenue YoY)
VST
VST
+15.6% gap
VST
31.2%
15.6%
GFI
Higher net margin
GFI
GFI
20.0% more per $
GFI
24.8%
4.8%
VST
More free cash flow
VST
VST
$172.4M more FCF
VST
$596.0M
$423.6M
GFI

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
GFI
GFI
VST
VST
Revenue
$5.2B
$4.8B
Net Profit
$1.3B
$233.0M
Gross Margin
45.3%
Operating Margin
9.9%
Net Margin
24.8%
4.8%
Revenue YoY
15.6%
31.2%
Net Profit YoY
77.7%
-47.2%
EPS (diluted)
$1.38
$0.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GFI
GFI
VST
VST
Q4 25
$4.8B
Q3 25
$4.8B
Q2 25
$3.8B
Q1 25
$4.3B
Q4 24
$5.2B
$3.7B
Q3 24
$4.3B
Q2 24
$3.6B
Q1 24
$3.2B
Net Profit
GFI
GFI
VST
VST
Q4 25
$233.0M
Q3 25
$652.0M
Q2 25
$327.0M
Q1 25
$-268.0M
Q4 24
$1.3B
$441.0M
Q3 24
$1.9B
Q2 24
$365.0M
Q1 24
$-35.0M
Gross Margin
GFI
GFI
VST
VST
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
45.3%
Q3 24
Q2 24
Q1 24
Operating Margin
GFI
GFI
VST
VST
Q4 25
9.9%
Q3 25
21.7%
Q2 25
13.7%
Q1 25
-2.8%
Q4 24
16.4%
Q3 24
59.6%
Q2 24
22.5%
Q1 24
2.7%
Net Margin
GFI
GFI
VST
VST
Q4 25
4.8%
Q3 25
13.6%
Q2 25
8.7%
Q1 25
-6.3%
Q4 24
24.8%
12.0%
Q3 24
43.5%
Q2 24
10.1%
Q1 24
-1.1%
EPS (diluted)
GFI
GFI
VST
VST
Q4 25
$0.55
Q3 25
$1.75
Q2 25
$0.81
Q1 25
$-0.93
Q4 24
$1.38
$1.09
Q3 24
$5.25
Q2 24
$0.90
Q1 24
$-0.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GFI
GFI
VST
VST
Cash + ST InvestmentsLiquidity on hand
$860.2M
$785.0M
Total DebtLower is stronger
$2.5B
$15.8B
Stockholders' EquityBook value
$5.4B
$5.1B
Total Assets
$10.1B
$41.5B
Debt / EquityLower = less leverage
0.46×
3.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFI
GFI
VST
VST
Q4 25
$785.0M
Q3 25
$602.0M
Q2 25
$458.0M
Q1 25
$561.0M
Q4 24
$860.2M
$1.2B
Q3 24
$905.0M
Q2 24
$1.6B
Q1 24
$1.1B
Total Debt
GFI
GFI
VST
VST
Q4 25
$15.8B
Q3 25
$15.8B
Q2 25
$15.5B
Q1 25
$15.4B
Q4 24
$2.5B
$15.4B
Q3 24
$13.9B
Q2 24
$13.9B
Q1 24
$14.7B
Stockholders' Equity
GFI
GFI
VST
VST
Q4 25
$5.1B
Q3 25
$5.2B
Q2 25
$4.8B
Q1 25
$4.8B
Q4 24
$5.4B
$5.6B
Q3 24
$5.4B
Q2 24
$5.6B
Q1 24
$5.7B
Total Assets
GFI
GFI
VST
VST
Q4 25
$41.5B
Q3 25
$38.0B
Q2 25
$38.1B
Q1 25
$38.2B
Q4 24
$10.1B
$37.8B
Q3 24
$37.9B
Q2 24
$39.1B
Q1 24
$38.2B
Debt / Equity
GFI
GFI
VST
VST
Q4 25
3.11×
Q3 25
3.02×
Q2 25
3.22×
Q1 25
3.20×
Q4 24
0.46×
2.77×
Q3 24
2.56×
Q2 24
2.49×
Q1 24
2.60×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GFI
GFI
VST
VST
Operating Cash FlowLast quarter
$1.6B
$1.4B
Free Cash FlowOCF − Capex
$423.6M
$596.0M
FCF MarginFCF / Revenue
8.1%
12.4%
Capex IntensityCapex / Revenue
22.8%
17.4%
Cash ConversionOCF / Net Profit
1.25×
6.15×
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFI
GFI
VST
VST
Q4 25
$1.4B
Q3 25
$1.5B
Q2 25
$572.0M
Q1 25
$599.0M
Q4 24
$1.6B
$1.4B
Q3 24
$1.7B
Q2 24
$1.2B
Q1 24
$312.0M
Free Cash Flow
GFI
GFI
VST
VST
Q4 25
$596.0M
Q3 25
$1.0B
Q2 25
$-118.0M
Q1 25
$-169.0M
Q4 24
$423.6M
$923.0M
Q3 24
$1.0B
Q2 24
$698.0M
Q1 24
$-153.0M
FCF Margin
GFI
GFI
VST
VST
Q4 25
12.4%
Q3 25
21.1%
Q2 25
-3.1%
Q1 25
-4.0%
Q4 24
8.1%
25.2%
Q3 24
23.4%
Q2 24
19.4%
Q1 24
-4.8%
Capex Intensity
GFI
GFI
VST
VST
Q4 25
17.4%
Q3 25
9.6%
Q2 25
18.4%
Q1 25
18.1%
Q4 24
22.8%
11.7%
Q3 24
15.8%
Q2 24
13.8%
Q1 24
14.7%
Cash Conversion
GFI
GFI
VST
VST
Q4 25
6.15×
Q3 25
2.25×
Q2 25
1.75×
Q1 25
Q4 24
1.25×
3.07×
Q3 24
0.90×
Q2 24
3.28×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GFI
GFI

Segment breakdown not available.

VST
VST

Retail Energy Charge In ERCOT$2.1B43%
Retail Energy Charge In Northeast Midwest$1.2B24%
East Segment$1.1B24%
Hedging Revenue Realized$170.0M4%
Revenue From Other Wholesale Contracts$116.0M2%
Transferable Production Tax Credit Revenues$78.0M2%
West Segment$77.0M2%
Intersegment Sales$25.0M1%

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