stockrowB2Gold 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
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B2Gold Corp (BTG) Return on invested capital
B2Gold Corp's return on invested capital over the twelve months to 30 June 2026 was 28.8%, up 6.4 percentage points from fiscal 2025 (22.4%). Over the past ten years it has ranged from −4.95% (fiscal 2024) to 24.0% (fiscal 2020); the current reading is higher than 91% of that period. That is above the Gold industry median of 0.26% and above the Basic Materials sector median of 0.96%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 22.4% | 27.33 |
| FY2024 | −4.95% | (10.34) |
| FY2023 | 5.39% | (7.08) |
| FY2022 | 12.5% | (6.40) |
| FY2021 | 18.9% | (5.10) |
| FY2020 | 24.0% | 9.36 |
| FY2019 | 14.6% | 5.24 |
| FY2018 | 9.37% | 7.01 |
| FY2017 | 2.36% | (2.03) |
| FY2016 | 4.39% | 7.89 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| AUGO Aura Minerals Inc. compare | 66.0% |
| OGC Oceanagold Corp. compare | 33.7% |
| BTG B2Gold Corp | 28.8% |
| SSRM Silver Standard Resources Inc. compare | 25.6% |
| ARIS Aris Mining Corporation compare | 19.3% |
| OR OR Royalties Inc. compare | 10.8% |
| EQX Equinox Gold Corp. compare | 10.1% |
| CDE Coeur Mining, Inc. compare | 7.22% |
| HMY Harmony Gold Mining Company Limited compare | 0.00% |
| Gold industry median | 0.26% |
| Basic Materials sector median | 0.96% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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