B2Gold Corp

BTG Basic Materials Gold

B2Gold Corp’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 60.9% from fiscal 2024.

Revenue
+14.0%
EPS
+158.3%
Free cash flow
+462.5%
Total debt
+9.12%

Quarter to June 2026, against a year earlier

5.32 0.21 +4.11%
Market cap
$7.0B
P/E
8.8×
Fwd P/E
6.0×
Dividend yield
1.50%
F-score
6/9
Altman Z
2.86
Beneish M
−2.50
Dividend safety
41/100

B2Gold Corp (BTG) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, B2Gold Corp (BTG) trades at a EV/FCF of 15.9×. Over the past ten years it has ranged from −193× (August 2016) to 257× (February 2026); the current reading is higher than 73% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 188× —
FY2024 −99.0× —
FY2023 −38.7× —
FY2022 13.1× 55.83%
FY2021 8.4× (8.20%)
FY2020 9.2× (49.56%)
FY2019 18.1× 27.53%
FY2018 14.2× —
FY2017 −80.3× —
FY2016 114× —

Quarterly newest first

Period EV/FCF Change
Jun 2026 11.3× (25.93%)
Mar 2026 15.3× (91.88%)
Dec 2025 188× —
Sep 2025 −34.2× —
42 more quarters

Against its own ten years

Low −193× High 257×
Ten-year median 10.5×
Current reading's percentile 60

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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