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) Return on equity

Alert me on Return on equity

B2Gold Corp's return on equity over the twelve months to 30 June 2026 was 22.1%, up 10.0 percentage points from fiscal 2025 (12.0%). Over the past ten years it has ranged from −18.1% (fiscal 2024) to 26.7% (fiscal 2020); the current reading is higher than 73% of that period. That is above the Gold industry median of 0.12% and above the Basic Materials sector median of 0.00%.

Return on equity, annual

Embed this chart

Annual newest first

Period Return on equity Change (points)
FY2025 12.0% 30.18
FY2024 −18.1% (18.43)
FY2023 0.29% (8.04)
FY2022 8.33% (6.61)
FY2021 14.9% (11.72)
FY2020 26.7% 10.82
FY2019 15.8% 14.04
FY2018 1.80% (1.96)
FY2017 3.76% 0.93
FY2016 2.83% 13.40

Against its own ten years

Low −18.1% High 26.7%
Ten-year median 3.76%
Current reading's percentile 73

Return on equity against peers

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

More on BTG