B2Gold Corp.

B2Gold Corp.

98.00
MXN
0.00
(0.00%)
9.70EPS
6.34P/E
88.58BMarket Cap
Nov 04Next Earn

Total Valuation

MXN

As of June 30, 2026, B2Gold Corp. carries a market capitalization of 88.58B, placing it among publicly traded companies globally. Its enterprise value stands at 92.05B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap88.58B
Enterprise Value92.05B

Important Dates

B2Gold Corp.'s next confirmed earnings release is scheduled for November 4, 2026.

Earnings Date11/4/2026

Share Statistics

As of June 30, 2026, B2Gold Corp. has 1.32B shares outstanding.

Shares Outstanding1.32B

Valuation Ratios

As of June 30, 2026, B2Gold Corp. trades at a trailing price-to-earnings ratio of 6.34. The price-to-sales ratio is 1.35, and the price-to-book ratio stands at 1.28.

PE Ratio6.34
PS Ratio1.35
PB Ratio1.28
P/TBV Ratio1.28
P/FCF Ratio6.21
P/OCF Ratio5.55

Enterprise Valuation

As of June 30, 2026, B2Gold Corp. trades at an EV/EBITDA multiple of 2.14 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.39 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 2.73 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. B2Gold Corp. trades at an EV/FCF ratio of 5.53, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 92.05B versus a market cap of 88.58B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.39
EV / EBITDA2.14
EV / EBIT2.73
EV / FCF5.53

Financial Position

As of June 30, 2026, B2Gold Corp. maintains a current ratio of 1.58, meaning it holds 1.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 11.39, indicating elevated leverage, while an interest coverage ratio of 40.45 demonstrates strong ability to service its debt obligations.

Current Ratio1.58
Quick Ratio0.50
Debt / Equity11.39
Debt / EBITDA0.19
Interest Coverage40.45

Financial Efficiency

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Over the twelve months ended June 30, 2026, B2Gold Corp. posted a return on equity (ROE) of 22.29, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 21.89 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 14.60, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 19.85, useful for judging operating efficiency across full business cycles. The company generates approximately 10.39M in revenue per employee across its workforce of 6,364.75, a quick read on workforce productivity versus industry peers. Inventory turnover of 3.06 indicates how many times B2Gold Corp. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)22.29
Return on Assets (ROA)14.60
Return on Invested Capital (ROIC)21.89
Return on Capital Employed (ROCE)19.85
Revenue Per Employee10.39M
Employee Count6,364.75
Inventory Turnover3.06

Taxes

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Over the twelve months ended June 30, 2026, B2Gold Corp. recorded 14.99B in income tax expense. That works out to an effective tax rate of 50.88, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 29.47B, leaving 14.10B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax14.99B
Effective Tax Rate50.88

Stock Price Statistics

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As of the close on October 21, 2026, B2Gold Corp.'s stock has declined approximately 4.46% over the past 52 weeks. The 50-day moving average sits at 87.64, while the 200-day moving average is 84.89.

52-Week Price Change-4.46%
50-Day Moving Average87.64
200-Day Moving Average84.89

Income Statement

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Over the twelve months ended June 30, 2026, B2Gold Corp. generated 66.13B in revenue and converted that into 14.10B in net income, yielding earnings per share of 9.70. EBITDA reached 43.05B, while operating income came in at 30.35B.

Revenue66.13B
Gross Profit32.49B
Operating Income30.35B
Pretax Income29.47B
Net Income14.10B
EBITDA43.05B
EBIT33.78B
Earnings Per Share (EPS)9.70

Balance Sheet

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As of June 30, 2026, B2Gold Corp. holds 5.07B in cash and equivalents against 7.97B in total debt, resulting in a net debt position of 2.10B. Total book value stands at 69.40B, with working capital of 7.08B providing operational flexibility.

Cash & Cash Equivalents5.07B
Total Debt7.97B
Net Debt2.10B
Equity (Book Value)69.40B
Book Value Per Share52.53
Working Capital7.08B

Cash Flow

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B2Gold Corp. produced 16.12B in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow16.12B
Free Cash Flow16.12B
FCF Per Share12.09

Margins

Over the twelve months ended June 30, 2026, B2Gold Corp. posted a gross margin of 49.13, reflecting its pricing power and cost economics. The operating margin of 45.90 and net profit margin of 21.33 provide insight into operational efficiency.

Gross Margin49.13
Operating Margin45.90
Pretax Margin44.56
Profit Margin21.33
EBITDA Margin65.10

Dividends & Yields

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Over the twelve months ended June 30, 2026, B2Gold Corp. paid dividends of 1.37 per share. The dividend payout ratio of 12.26 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 16.11, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 8.46, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to B2Gold Corp. shareholders.

Dividend Per Share1.37
Payout Ratio12.26
Shareholder Yield8.46
FCF Yield16.11

Scores

As of June 30, 2026, B2Gold Corp. has an Altman Z-Score of 3.55, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score3.55