B2Gold (BTG) Minority Interest (2012 - 2026)
B2Gold (BTG) recorded Minority Interest of $32.72 million in the quarter ended Jun 30, 2026, down 29.8% from $46.6 million a year earlier and down 23.1% from the prior quarter.
B2Gold (BTG) Minority Interest (2012 - 2026) Analysis & Trends
As of Dec 31, 2025, B2Gold reported Minority Interest of $47.95 million, down 8.9% from the prior year.
- Annual Minority Interest has declined for three straight years, with a five-year compound annual growth rate of -11.5% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Minority Interest came in at $52.63 million in the year ended Dec 31, 2024 (-47.2%), $99.6 million in the year ended Dec 31, 2023 (-3.9%), $103.66 million in the year ended Dec 31, 2022 (+2.9%) and $100.71 million in the year ended Dec 31, 2021 (+13.7%).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Minority Interest since the quarter ended Jun 30, 2018.
- On a year-over-year basis, Minority Interest has declined for seven consecutive quarters, with an average decline of 28.8% over the last eight quarters.
- Peak year-over-year performance for Minority Interest in the last five years was growth of 38.9% in the quarter ended Sep 30, 2024, against a decline of 69.9% in the quarter ended Sep 30, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $42.55 million (quarter ended Mar 31, 2026), $47.95 million (quarter ended Dec 31, 2025) and $45.71 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - |
| 2 | Southern Copper | 163.09 Bn | 141.88 Bn | 2.90 Bn |
| 3 | Rio Tinto | 141.43 Bn | 101.93 Bn | - |
| 4 | Newmont | 124.04 Bn | 92.04 Bn | 4.03 Bn |
| 5 | Freeport-Mcmoran | 98.82 Bn | 82.86 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 93.56 Bn | 83.19 Bn | 2.43 Bn |
| 7 | Barrick Mining | 69.41 Bn | 44.61 Bn | 2.90 Bn |
| 8 | Nucor | 60.64 Bn | 50.02 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 48.59 Bn | 27.61 Bn | - |
| 10 | B2Gold | 6.93 Bn | 5.41 Bn | 308.29 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.72 Mn |
| Mar 31, 2026 | 42.55 Mn |
| Dec 31, 2025 | 47.95 Mn |
| Sep 30, 2025 | 45.71 Mn |
| Jun 30, 2025 | 46.60 Mn |
| Mar 31, 2025 | 49.60 Mn |
| Dec 31, 2024 | 52.63 Mn |
| Sep 30, 2024 | 151.89 Mn |
| Jun 30, 2024 | 88.95 Mn |
| Mar 31, 2024 | 103.47 Mn |
| Dec 31, 2023 | 99.60 Mn |
| Sep 30, 2023 | 109.34 Mn |
| Jun 30, 2023 | 117.03 Mn |
| Mar 31, 2023 | 118.26 Mn |
| Dec 31, 2022 | 103.66 Mn |
| Sep 30, 2022 | 87.67 Mn |
| Jun 30, 2022 | 84.92 Mn |
| Mar 31, 2022 | 108.83 Mn |
| Dec 31, 2021 | 100.71 Mn |
| Sep 30, 2021 | 83.89 Mn |
B2Gold Minority Interest 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=minority-interest&ticker=BTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=BTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();