B2Gold (BTG) FCF Margin (2013 - 2026)
B2Gold (BTG) posted quarterly FCF Margin of 46.56% for Q1 2026, up 1296.0% year-over-year from 3.34% in Q1 2025, and up 71.37% quarter-over-quarter from 27.17% in Q4 2025.
B2Gold (BTG) FCF Margin (2013 - 2026) Analysis & Trends
B2Gold's FCF Margin history runs 14 years deep, the most recent figure standing at 46.56% for Q1 2026.
- In Q1 2026, FCF Margin rose 1296.0% year-over-year to 46.56%; the TTM figure through Mar 2026 stood at 29.31% (up 1097.0% YoY), while the FY2025 annual figure was 21.99%, down 2263.0% from the prior year.
- FCF Margin for Q1 2026 stood at 46.56%, up from 27.17% in the prior quarter.
- The five-year high for FCF Margin was 32692.12% in Q2 2022, with the low at 12.67% in Q2 2024.
- The 5-year median for FCF Margin is 36.85% (2025), against an average of 2218.23%.
- The sharpest annual moves came in 2023 and 2024: FCF Margin plunged 3265071 bps in 2023, then surged 11098 bps in 2024.
- B2Gold's FCF Margin stood at 45.65% in 2022, then fell by 12 bps to 40.13% in 2023, then tumbled by 40 bps to 24.12% in 2024, then gained by 13 bps to 27.17% in 2025, then soared by 71 bps to 46.56% in 2026.
- Business Quant data shows BTG's FCF Margin at 46.56% in Q1 2026, 27.17% in Q4 2025, and 36.85% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 139.73 Bn | 130.72 Bn | 4.03 Bn | 36.04% |
| 2 | Agnico Eagle Mines | 108.52 Bn | 105.05 Bn | 2.43 Bn | 77.66% |
| 3 | Barrick Mining | 79.22 Bn | 73.29 Bn | 2.90 Bn | 9.73% |
| 4 | Wheaton Precious Metals | 71.48 Bn | 71.38 Bn | 687.86 Mn | 69.90% |
| 5 | AngloGold Ashanti | 61.24 Bn | 58.41 Bn | 1.70 Bn | 46.13% |
| 6 | Gold Fields | 42.67 Bn | 40.89 Bn | - | - |
| 7 | Pan American Silver | 22.20 Bn | 20.64 Bn | 457,000.00 | 37,277.58% |
| 8 | Royal Gold | 21.93 Bn | 21.75 Bn | 390.45 Mn | 74.39% |
| 9 | Coeur Mining | 21.79 Bn | 20.73 Bn | 535.85 Mn | 35.70% |
| 10 | B2Gold | 7.37 Bn | 7.37 Bn | 308.29 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.56% |
| Dec 31, 2025 | 27.17% |
| Jun 30, 2025 | 36.85% |
| Mar 31, 2025 | 33.60% |
| Dec 31, 2024 | 24.12% |
| Jun 30, 2024 | 12.67% |
| Mar 31, 2024 | 154.02% |
| Dec 31, 2023 | 40.13% |
| Sep 30, 2023 | 23.06% |
| Jun 30, 2023 | 41.41% |
| Mar 31, 2023 | 43.04% |
| Dec 31, 2022 | 45.65% |
| Sep 30, 2022 | 23.72% |
| Jun 30, 2022 | 32,692.12% |
| Mar 31, 2022 | 29.35% |
| Dec 31, 2021 | 11.45% |
| Sep 30, 2021 | 62.69% |
| Mar 31, 2021 | 40.26% |
| Dec 31, 2020 | 9.58% |
| Sep 30, 2020 | 61.74% |