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) Free cash flow

Alert me on Free cash flow

B2Gold Corp's free cash flow for fiscal 2025 was $33.0M, compared with −$33.3M in fiscal 2024. Over the twelve months to 30 June 2026 it was $457.1M. Over the past ten years it has ranged from −$114.4M (fiscal 2015) to $598.1M (fiscal 2020); the current reading is higher than 55% of that period. B2Gold Corp ranks 8th of 44 Gold companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $33.0M —
FY2024 −$33.3M —
FY2023 −$96.4M —
FY2022 $253.7M (39.85%)
FY2021 $421.8M (29.47%)
FY2020 $598.1M 159.12%
FY2019 $230.8M 0.79%
FY2018 $229.0M —
FY2017 −$44.3M —
FY2016 $23.8M —

Quarterly newest first

Period Free cash flow Change
Jun 2026 $67.4M (81.38%)
Mar 2026 $361.8M 212.16%
Dec 2025 $115.9M —
Sep 2025 −$87.9M —
42 more quarters

Against its own ten years

Low −$114.4M High $598.1M
Ten-year median $33.0M
Current reading's percentile 55

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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