B2Gold (BTG) FCF Payout Ratio (2015 - 2026)

B2Gold (BTG) recorded quarterly FCF Payout Ratio of 0.05 in Q1 2026, up 46.32% quarter-over-quarter from 0.09 in Q4 2025, and up 65.88% on a YoY basis from 0.03 in Q1 2025.

B2Gold (BTG) FCF Payout Ratio (2015 - 2026) Analysis & Trends

B2Gold's FCF Payout Ratio history runs 12 years deep, the most recent figure standing at 0.05 for Q1 2026.

  • In Q1 2026, FCF Payout Ratio rose 65.88% year-over-year to 0.05; the TTM figure through Mar 2026 stood at 0.1 (up 78.76% YoY), while the FY2025 annual figure was 0.12, down 76.26% from the prior year.
  • FCF Payout Ratio was 0.05 for Q1 2026 at B2Gold, up from 0.09 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 0.05 in Q1 2026 to a low of 0.73 in Q2 2024.
  • Historically, FCF Payout Ratio has averaged 0.27 across 5 years, with a median of 0.23 in 2023.
  • The sharpest annual moves came in 2022 and 2025: FCF Payout Ratio slumped 250.17% in 2022, then soared 86.15% in 2025.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.16 in 2022, then slumped by 43.01% to 0.23 in 2023, then slumped by 70.51% to 0.39 in 2024, then surged by 76.53% to 0.09 in 2025, then soared by 46.32% to 0.05 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.05 (Q1 2026), 0.09 (Q4 2025), and 0.1 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn -0.20
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn -
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn -
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn -0.03
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 0.09
8 Equinox Gold 47.64 Bn 47.14 Bn - -0.06
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn -
10 B2Gold 13.96 Bn 13.25 Bn 609.77 Mn -0.05

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.05
Dec 31, 2025 -0.09
Jun 30, 2025 -0.10
Mar 31, 2025 -0.14
Dec 31, 2024 -0.39
Jun 30, 2024 -0.73
Mar 31, 2024 -0.06
Dec 31, 2023 -0.23
Sep 30, 2023 -0.41
Jun 30, 2023 -0.27
Mar 31, 2023 -0.21
Dec 31, 2022 -0.16
Sep 30, 2022 -0.46
Jun 30, 2022 -0.34
Mar 31, 2022 -0.39
Dec 31, 2021 -0.16
Sep 30, 2021 -0.13
Mar 31, 2021 -0.29
Dec 31, 2020 -0.21
Sep 30, 2020 -0.21