B2Gold (BTG) Free Cash Flow (2013 - 2026)
B2Gold (BTG) recorded Free Cash Flow of -$78.76 million in the quarter ended Jun 30, 2026, compared with $255.08 million a year earlier.
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Analysis
B2Gold (BTG) Free Cash Flow (2013 - 2026) Analysis & Trends
On a TTM basis, B2Gold's Free Cash Flow came in at $918.48 million as of Jun 30, 2026, up 70.6% year-over-year; for the year ended Dec 31, 2025, it came in at $424.38 million, up 17.2% from the prior year.
- Annual Free Cash Flow has a five-year compound annual growth rate of -6.6% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Free Cash Flow came in at $362.21 million in the year ended Dec 31, 2024 (-12.8%), $415.51 million in the year ended Dec 31, 2023 (-13.1%), $478.18 million in the year ended Dec 31, 2022 (+13.8%) and $420.14 million in the year ended Dec 31, 2021 (-29.6%).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Free Cash Flow in data going back to the quarter ended Mar 31, 2013.
- On a year-over-year basis, Free Cash Flow rose in three of the last five quarters, with growth averaging 106.3%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 308.6% in the quarter ended Jun 30, 2025, against a decline of 74.8% in the quarter ended Mar 31, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $539.48 million (quarter ended Mar 31, 2026), $286.36 million (quarter ended Dec 31, 2025) and $171.39 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 1.57 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 2.21 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 687.28 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 944.00 Mn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 2.14 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 2.89 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 829.00 Mn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 2.06 Bn |
| 10 | B2Gold | 6.98 Bn | 7.02 Bn | 308.29 Mn | -78.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -78.76 Mn |
| Mar 31, 2026 | 539.48 Mn |
| Dec 31, 2025 | 286.36 Mn |
| Sep 30, 2025 | 171.39 Mn |
| Jun 30, 2025 | 255.08 Mn |
| Mar 31, 2025 | 178.79 Mn |
| Dec 31, 2024 | 120.54 Mn |
| Sep 30, 2024 | -16.10 Mn |
| Jun 30, 2024 | 62.43 Mn |
| Mar 31, 2024 | 710.73 Mn |
| Dec 31, 2023 | 205.44 Mn |
| Sep 30, 2023 | 110.20 Mn |
| Jun 30, 2023 | 194.98 Mn |
| Mar 31, 2023 | 203.82 Mn |
| Dec 31, 2022 | 270.49 Mn |
| Sep 30, 2022 | 93.12 Mn |
| Jun 30, 2022 | 124.88 Mn |
| Dec 31, 2021 | -37.68 Mn |
| Sep 30, 2021 | 320.28 Mn |
| Jun 30, 2021 | -8.32 Mn |
API Access
B2Gold Free Cash Flow 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=free-cash-flow&ticker=BTG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=BTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();