B2Gold (BTG) Enterprise Value (2014 - 2026)
B2Gold (BTG) posted Enterprise Value of $6.73 billion for Q3 2026, up 8.5% from $6.2 billion a year earlier and up 41.3% from the prior quarter.
Powered by 
Analysis
B2Gold (BTG) Enterprise Value (2014 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Enterprise Value at B2Gold was $5.58 billion, up 6.8% year-over-year; for FY2025, it was $5.71 billion, up 94.9% from FY2024.
- Annual Enterprise Value shows a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- In prior years, B2Gold's Enterprise Value was $2.93 billion in FY2024 (-25.0%), $3.91 billion in FY2023 (+18.9%), $3.29 billion in FY2022 (-8.1%) and $3.58 billion in FY2021 (-34.9%).
- The Q3 2026 figure stands as the highest quarterly Enterprise Value in data going back to Q4 2014.
- On a year-over-year basis, Enterprise Value has increased in each of the last seven quarters, with growth averaging 34.3% over the last eight quarters.
- The strongest year-over-year quarter for Enterprise Value in the past five years was Q4 2025, with growth of 94.9%; the weakest was Q4 2021, with a decline of 34.9%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $4.76 billion (Q2 2026), $5.64 billion (Q1 2026) and $5.71 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn |
| 10 | B2Gold | 7.09 Bn | 5.69 Bn | 365.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.73 Bn |
| Jun 30, 2026 | 4.76 Bn |
| Mar 31, 2026 | 5.64 Bn |
| Dec 31, 2025 | 5.71 Bn |
| Sep 30, 2025 | 6.20 Bn |
| Jun 30, 2025 | 4.50 Bn |
| Mar 31, 2025 | 3.48 Bn |
| Dec 31, 2024 | 2.93 Bn |
| Sep 30, 2024 | 3.73 Bn |
| Jun 30, 2024 | 3.14 Bn |
| Mar 31, 2024 | 2.93 Bn |
| Dec 31, 2023 | 3.91 Bn |
| Sep 30, 2023 | 2.91 Bn |
| Jun 30, 2023 | 3.45 Bn |
| Mar 31, 2023 | 3.68 Bn |
| Dec 31, 2022 | 3.29 Bn |
| Sep 30, 2022 | 2.94 Bn |
| Jun 30, 2022 | 3.08 Bn |
| Mar 31, 2022 | 4.31 Bn |
| Dec 31, 2021 | 3.58 Bn |
API Access
B2Gold Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=BTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "BTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=BTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();