B2Gold Corp
BTG NYSE· Gold And Silver Ores
Last close · Oct 30, 2026
$4.60
KIRA · Stoqly’s AI analyst, in plain words
- B2Gold Corp made $402M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 24.1% a year.
- B2Gold Corp returned $113M to shareholders in fiscal 2025. The diluted share count rose 13.1%.
- B2Gold Corp owes $218M more than it holds in cash, about 0.1 years of operating profit.
Market cap
$6.8B
P/E
16.4x
Revenue
—
Net income
$402M
Free cash flow
—
Operating margin
—
B2Gold Corp in 30 seconds · fiscal 2025
Does it make a profit?
$402M
Yes. It made $402M of profit last year.
Is debt under control?
0.1x
Yes. It could repay its debt with 0.1 years of operating profit.
How healthy are the accounts?
4 / 7
Mixed. It passes 4 of 7 health tests.
How is the share priced?
16.4x
One share costs 16.4 times its yearly profit per share.
What B2Gold Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 40-F · Mar 11, 2026
- Legal name
- B2GOLD CORP
- CIK
- 0001429937
B2Gold Corp · BTG · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Net income | $420M | $253M | $10.1M | −$630M | $402M |
| Diluted EPS | $0.40 | $0.24 | $0.01 | −$0.48 | $0.28 |
| Cash | |||||
| Cash from operations | $724M | $596M | $714M | $878M | $896M |
| Dividends paid | $168M | $171M | $187M | $185M | $103M |
| Share buybacks | — | — | — | $0.0M | $9.8M |
| Share count change | 0.5% | 0.9% | 15.5% | 5.8% | 13.1% |
| Debt and strength | |||||
| Cash and short-term investments | $673M | $652M | $307M | $337M | $380M |
| Debt incl. finance leases | $75.1M | $57.2M | $192M | $438M | $598M |
| Shareholders' equity | $2.9B | $3.0B | $3.8B | $3.0B | $3.6B |
| Net debt / EBITDA | −0.5x | −0.7x | −0.2x | 0.8x | 0.1x |
| Current ratio | 4.5x | 4.4x | 2.3x | 1.6x | 1.1x |
| Interest coverage | 60.5x | 46.3x | 23.5x | −17.7x | 197.5x |
| Returns and quality | |||||
| Return on capital | 20.5% | 13.5% | 5.8% | −6.4% | 23.6% |
| Return on equity | 15.5% | 8.6% | 0.3% | −18.5% | 12.2% |
| Return on tangible equity | 14.7% | 8.4% | 0.3% | −21.1% | 11.2% |
| Piotroski F-score | 5 | 4 | 3 | 2 | 4 |
| Altman Z'' | 8.3 | 8.4 | 5.4 | 1.5 | 3.2 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
B2Gold Corp · BTG · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $4.60 a share, the company is worth $6.8B: 16.4 times its earnings of the last four quarters.
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001429937). Latest version: stoqly.net/companies/btg. Data updated November 1, 2026. For information only — not investment advice. Check the original filings before relying on any figure.