B2Gold (BTG) EBIT Margin (2012 - 2026)
B2Gold (BTG) posted quarterly EBIT Margin of 54.07% for Q1 2026, up 717.0% year-over-year from 6.62% in Q1 2025, and up 11.52% quarter-over-quarter from 48.49% in Q4 2025.
B2Gold (BTG) EBIT Margin (2012 - 2026) Analysis & Trends
B2Gold's EBIT Margin history runs 15 years deep, the most recent figure standing at 54.07% for Q1 2026.
- In Q1 2026, EBIT Margin rose 717.0% year-over-year to 54.07%; the TTM figure through Mar 2026 stood at 49.83% (up 4770.0% YoY), while the FY2025 annual figure was 45.15%, up 5821.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 54.07%, up from 48.49% in the prior quarter.
- The five-year high for EBIT Margin was 34152.13% in Q2 2022, with the low at 125.42% in Q3 2024.
- The 5-year median for EBIT Margin is 42.99% (2024), against an average of 2034.3%.
- The sharpest annual moves came in 2022 and 2023: EBIT Margin jumped 3411391 bps in 2022, then slumped 3410725 bps in 2023.
- B2Gold's EBIT Margin stood at 39.15% in 2022, then sank by 118 bps to 6.87% in 2023, then surged by 474 bps to 25.69% in 2024, then surged by 89 bps to 48.49% in 2025, then gained by 12 bps to 54.07% in 2026.
- Business Quant data shows BTG's EBIT Margin at 54.07% in Q1 2026, 48.49% in Q4 2025, and 42.51% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 16.48% |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 60.65% |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 51.63% |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 71.79% |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | 20.62% |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | 44.22% |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 19.94% |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 62.13% |
| 10 | B2Gold | 7.18 Bn | 7.18 Bn | 308.29 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.07% |
| Dec 31, 2025 | 48.49% |
| Sep 30, 2025 | 42.51% |
| Jun 30, 2025 | 53.05% |
| Mar 31, 2025 | 46.90% |
| Dec 31, 2024 | 25.69% |
| Sep 30, 2024 | -125.42% |
| Jun 30, 2024 | 45.91% |
| Mar 31, 2024 | 42.99% |
| Dec 31, 2023 | -6.87% |
| Sep 30, 2023 | 5.76% |
| Jun 30, 2023 | 44.88% |
| Mar 31, 2023 | 48.11% |
| Dec 31, 2022 | 39.15% |
| Sep 30, 2022 | 24.55% |
| Jun 30, 2022 | 34,152.13% |
| Mar 31, 2022 | 41.17% |
| Dec 31, 2021 | 11.48% |
| Sep 30, 2021 | 48.07% |
| Jun 30, 2021 | 38.22% |