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) Net margin

Alert me on Net margin

B2Gold Corp's net margin over the twelve months to 30 June 2026 was 21.3%, up 8.2 percentage points from fiscal 2025 (13.1%). Over the past ten years it has ranged from −33.1% (fiscal 2024) to 35.1% (fiscal 2020); the current reading is higher than 64% of that period. That is above the Gold industry median of 9.65% and above the Basic Materials sector median of 1.42%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 13.1% 46.25
FY2024 −33.1% (33.64)
FY2023 0.52% (14.08)
FY2022 14.6% (9.24)
FY2021 23.8% (11.27)
FY2020 35.1% 9.72
FY2019 25.4% 22.64
FY2018 2.75% (6.15)
FY2017 8.90% 3.17
FY2016 5.73% 32.81

Quarterly newest first

Period Net margin Change (points)
Jun 2026 52.9% 35.61
Mar 2026 17.3% 1.08
Dec 2025 16.2% 13.71
Sep 2025 2.47% (19.84)
42 more quarters

Against its own ten years

Low −33.1% High 35.1%
Ten-year median 8.90%
Current reading's percentile 76

Net margin against peers

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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