B2Gold BTG
NYSE BTG
$5.53 +0.09 (+1.56%)
As of: Sep 9, 2026 · 3:59 PM EDT

B2Gold (BTG) EV to CFO (2014 - 2026)

B2Gold (BTG) posted EV to CFO of 10.45 for Q1 2026, down 47.64% on a QoQ basis from 19.95 in Q4 2025, and down 46.26% year-over-year from 19.44 in Q1 2025.

Analysis

B2Gold (BTG) EV to CFO (2014 - 2026) Analysis & Trends

B2Gold has reported EV to CFO for 13 years, with the latest figure at 10.45 in Q1 2026.

  • On a quarterly basis, EV to CFO fell 46.26% year-over-year to 10.45 in Q1 2026; TTM through Mar 2026 was 4.47, a 38.05% increase from a year earlier, with the FY2025 full-year figure at 6.38, up 90.93% from the prior year.
  • EV to CFO was 10.45 for Q1 2026 at B2Gold, down from 19.95 in the prior quarter.
  • The five-year high for EV to CFO was 50.27 in Q2 2024, with the low at 4.13 in Q1 2024.
  • Average EV to CFO over 5 years is 21.1, with a median of 19.23 recorded in 2023.
  • The sharpest annual moves came in 2024 and 2025: EV to CFO sank 77.04% in 2024, then surged 370.8% in 2025.
  • Over 5 years, EV to CFO stood at 12.11 in 2022, then soared by 57.09% to 19.02 in 2023, then rose by 27.84% to 24.32 in 2024, then retreated by 17.96% to 19.95 in 2025, then tumbled by 47.64% to 10.45 in 2026.
  • The last three EV to CFO figures came in at 10.45 (Q1 2026), 19.95 (Q4 2025), and 17.63 (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Newmont 134.87 Bn 126.03 Bn 4.03 Bn
2 Barrick Mining 76.06 Bn 70.13 Bn 2.90 Bn
3 AngloGold Ashanti 55.29 Bn 52.34 Bn 1.70 Bn
4 Alamos Gold 15.55 Bn 14.87 Bn 587.30 Mn
5 Iamgold 11.83 Bn 11.33 Bn 415.10 Mn
6 Eldorado Gold 9.03 Bn 8.47 Bn 302.67 Mn
7 Buenaventura Mining 8.95 Bn 7.99 Bn -
8 Equinox Gold 8.08 Bn 8.24 Bn 428.20 Mn
9 B2Gold 7.32 Bn 7.32 Bn 308.29 Mn
10 Centerra Gold 6.52 Bn 6.06 Bn 433.81 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 10.45
Dec 31, 2025 19.95
Jun 30, 2025 17.63
Mar 31, 2025 19.44
Dec 31, 2024 24.32
Jun 30, 2024 50.27
Mar 31, 2024 4.13
Dec 31, 2023 19.02
Sep 30, 2023 26.37
Jun 30, 2023 17.68
Mar 31, 2023 17.98
Dec 31, 2022 12.11
Sep 30, 2022 31.42
Jun 30, 2022 24.66
Dec 31, 2021 13.41
Sep 30, 2021 9.78
Dec 31, 2020 27.94
Sep 30, 2020 21.45
Jun 30, 2020 22.34
Mar 31, 2020 13.95