B2Gold (BTG) EV to EBITDA (2016 - 2026)
B2Gold's EV to EBITDA came in at 3.39 for the quarter ended Jun 30, 2026, down 26.0% from the prior quarter.
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Analysis
B2Gold (BTG) EV to EBITDA (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, B2Gold reported EV to EBITDA of 2.48; for the year ended Dec 31, 2025, it was 6.01.
- Going back by year, EV to EBITDA was 27.74 in the year ended Dec 31, 2022 (+748.6%) and 3.27 in the year ended Dec 31, 2021 (-19.3%).
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly EV to EBITDA in data going back to the quarter ended Dec 31, 2016.
- The fastest year-over-year change in EV to EBITDA over five years came in the quarter ended Dec 31, 2022 (growth of 550.8%), and the weakest in the quarter ended Sep 30, 2022 (a decline of 21.0%).
- Business Quant data shows BTG's EV to EBITDA at 4.59 (quarter ended Mar 31, 2026), 6.01 (quarter ended Dec 31, 2025) and 10.19 (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - |
| 10 | B2Gold | 7.07 Bn | 7.10 Bn | 308.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.39 |
| Mar 31, 2026 | 4.59 |
| Dec 31, 2025 | 6.01 |
| Sep 30, 2025 | 10.19 |
| Sep 30, 2023 | 17.03 |
| Jun 30, 2023 | 16.82 |
| Mar 31, 2023 | 23.51 |
| Dec 31, 2022 | 27.74 |
| Sep 30, 2022 | 4.62 |
| Jun 30, 2022 | 3.94 |
| Mar 30, 2022 | 6.14 |
| Dec 31, 2021 | 4.26 |
| Sep 30, 2021 | 5.85 |
| Jun 30, 2021 | 4.42 |
| Mar 30, 2021 | 4.27 |
| Dec 31, 2020 | 5.17 |
| Sep 30, 2020 | 7.00 |
| Jun 30, 2020 | 11.41 |
| Mar 31, 2020 | 8.57 |
| Dec 31, 2019 | 15.79 |
API Access
B2Gold EV to EBITDA 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=ev-to-ebitda&ticker=BTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=BTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();