Equinox Gold (EQX) vs Gold Fields (GFI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Equinox Gold (EQX) has outperformed Gold Fields (GFI) over the past year, losing 7.9% versus a loss of 17.4%. Over five years, GFI leads with a +282.7% price change compared with +40.6% for EQX. Gold Fields is the larger company by market cap ($32.71 billion vs $13.28 billion), about 2.5 times the size, while Equinox Gold is growing revenue faster (+99.1% vs +15.6%).
On valuation, Gold Fields trades at a lower forward P/E (7.3x vs 7.7x for Equinox Gold). Gold Fields offers the higher dividend yield (5.82% vs 0.26%). Gold Fields converts more of its revenue into profit, with a net margin of 23.9% versus 12.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EQX | GFI |
|---|---|---|
| Share price | $11.38 | $36.72 |
| Market cap | $13.28B | $32.71B |
| 1-day change | +2.29% | +2.38% |
| YTD return | -20.80% | -17.87% |
| 1-year return | -7.87% | -17.35% |
| 5-year return | +40.58% | +282.71% |
| P/E ratio (TTM) | 23.70 | 7.52 |
| Forward P/E | 7.71 | 7.29 |
| EPS (TTM) | $0.48 | $4.88 |
| Dividend yield | 0.26% | 5.82% |
| Annual dividend | $0.03 | $2.14 |
| Revenue (latest FY) | $1.82B | $5.20B |
| Revenue growth (YoY) | +99.07% | +15.57% |
| Net income (latest FY) | $221.47M | $1.25B |
| Gross margin | 35.38% | 45.33% |
| Operating margin | 23.79% | — |
| Net margin | 12.19% | 23.93% |
| 52-week high | $18.96 | $61.64 |
| 52-week low | $8.49 | $31.11 |
| Distance from 52-week high | -40.01% | -40.44% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +23.08% | +32.56% |
| Average volume | 13.48M | 3.74M |
| Shares outstanding | 1.17B | 890.90M |
| Sector | Basic Materials | Basic Materials |
| Industry | Precious Metals | Precious Metals |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Gold Fields is about 2.5 times larger than Equinox Gold by market value ($32.71B vs $13.28B).
- Equinox Gold trades at a higher earnings multiple (23.7x vs 7.5x trailing P/E).
- Gold Fields offers a meaningfully higher dividend yield (5.82% vs 0.26%).
- Gold Fields is more profitable, keeping 23.9 cents of every revenue dollar as net income versus 12.2 cents for Equinox Gold.
- Equinox Gold grew revenue faster in its latest fiscal year (+99.07% vs +15.57%).
About Equinox Gold
EQX stock →Equinox Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in the Americas.
Basic Materials · Precious Metals
About Gold Fields
GFI stock →Gold Fields Limited operates as a gold producer with reserves and resources in South Africa, Ghana, Australia, Peru, Canada, and Chile. It also explores for gold, copper and silver deposits.
Basic Materials · Precious Metals
EQX vs GFI FAQ
Which is bigger, Equinox Gold or Gold Fields?
Gold Fields (GFI) is larger, with a market capitalization of $32.71B compared with $13.28B for Equinox Gold (EQX).
Which stock has performed better over the past year, EQX or GFI?
EQX returned -7.87% over the past 12 months, compared with -17.35% for GFI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EQX or GFI?
GFI has the lower trailing P/E at 7.5, versus 23.7 for EQX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Equinox Gold or Gold Fields?
Gold Fields has the higher yield at 5.82%, compared with 0.26% for Equinox Gold.
Are Equinox Gold and Gold Fields in the same industry?
Yes. Both are classified in the Precious Metals industry within the Basic Materials sector.