B2Gold (BTG) FCF Payout Ratio (2019 - 2026)
B2Gold (BTG) posted quarterly FCF Payout Ratio of 0.05 for Q1 2026, up 65.88% year-over-year from 0.03 in Q1 2025, and up 46.32% on a QoQ basis from 0.09 in Q4 2025.
B2Gold (BTG) FCF Payout Ratio (2019 - 2026) Analysis & Trends
B2Gold (BTG) has reported FCF Payout Ratio for 8 consecutive years, with 0.05 the latest figure, recorded in 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 came in at 0.05 for Q1 2026 at B2Gold, up from 0.09 in the prior quarter.
- The five-year high for FCF Payout Ratio was 0.05 in Q1 2026, with the low at 0.73 in Q2 2024.
- Average FCF Payout Ratio over 5 years is 0.27, with a median of 0.23 recorded in 2023.
- Across the five-year window, FCF Payout Ratio slumped 250.13% in 2022 and soared 86.15% in 2025, its largest moves.
- Year by year, FCF Payout Ratio stood at 0.16 in 2022, then tumbled by 43.01% to 0.23 in 2023, then tumbled 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.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.05, 0.09, and 0.1 for Q1 2026, Q4 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -0.20 |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 0.09 |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -0.13 |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | - |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -1.25 |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | -0.15 |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -0.04 |
| 10 | B2Gold | 5.12 Bn | 5.16 Bn | 609.77 Mn | -0.05 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |