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

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

B2Gold (BTG) posted EV to EBITDA of 11.89 for Q2 2026, down 14.26% on a QoQ basis from 13.87 in Q1 2026, and down 40.03% year-over-year from 19.82 in Q2 2025.

Analysis

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

B2Gold has reported EV to EBITDA for 13 years, with the latest figure at 11.89 in Q2 2026.

  • On a quarterly basis, EV to EBITDA fell 40.03% year-over-year to 11.89 in Q2 2026; TTM through Jun 2026 was 3.39, a 120.36% increase from a year earlier, with the FY2025 full-year figure at 6.07, up 227.47% from the prior year.
  • EV to EBITDA was 11.89 for Q2 2026 at B2Gold, down from 13.87 in the prior quarter.
  • The five-year high for EV to EBITDA was 193.16 in Q2 2022, with the low at 73.73 in Q3 2022.
  • Average EV to EBITDA over 5 years is 27.7, with a median of 23.5 recorded in 2025.
  • The sharpest annual moves came in 2022 and 2025: EV to EBITDA slumped 351.17% in 2022, then surged 573.56% in 2025.
  • Over 5 years, EV to EBITDA stood at 32.29 in 2022, then tumbled by 183.96% to 27.11 in 2023, then jumped by 413.35% to 84.95 in 2024, then slumped by 81.68% to 15.56 in 2025, then slipped by 23.61% to 11.89 in 2026.
  • The last three EV to EBITDA figures came in at 11.89 (Q2 2026), 13.87 (Q1 2026), and 15.56 (Q4 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
Jun 30, 2026 11.89
Mar 31, 2026 13.87
Dec 31, 2025 15.56
Sep 30, 2025 27.18
Jun 30, 2025 19.82
Mar 31, 2025 29.14
Dec 31, 2024 84.95
Sep 30, 2024 -5.74
Jun 30, 2024 -48.89
Mar 31, 2024 45.73
Dec 31, 2023 -27.11
Sep 30, 2023 -39.24
Jun 30, 2023 53.47
Mar 31, 2023 46.54
Dec 31, 2022 32.29
Sep 30, 2022 -73.73
Jun 30, 2022 193.16
Mar 30, 2022 119.76
Dec 31, 2021 31.11
Sep 30, 2021 29.35