B2Gold (BTG) Net Margin (2012 - 2026)
B2Gold (BTG) posted quarterly Net Margin of 24.34% for Q1 2026, up 1650.0% year-over-year from 1.39% in Q1 2025, and up 461.04% quarter-over-quarter from 4.34% in Q4 2025.
B2Gold (BTG) Net Margin (2012 - 2026) Analysis & Trends
B2Gold's Net Margin history runs 15 years deep, the most recent figure standing at 24.34% for Q1 2026.
- In Q1 2026, Net Margin rose 1650.0% year-over-year to 24.34%; the TTM figure through Mar 2026 stood at 13.49% (down 1900.0% YoY), while the FY2025 annual figure was 14.4%, up 4629.0% from the prior year.
- Net Margin for Q1 2026 stood at 24.34%, up from 4.34% in the prior quarter.
- The five-year high for Net Margin was 11199.92% in Q2 2022, with the low at 12.56% in Q2 2024.
- The 5-year median for Net Margin is 16.31% (2023), against an average of 677.78%.
- The sharpest annual moves came in 2022 and 2023: Net Margin surged 1118353 bps in 2022, then plunged 1118361 bps in 2023.
- B2Gold's Net Margin stood at 20.5% in 2022, then slipped by 5 bps to 19.57% in 2023, then plunged by 56 bps to 8.58% in 2024, then slumped by 49 bps to 4.34% in 2025, then surged by 461 bps to 24.34% in 2026.
- Business Quant data shows BTG's Net Margin at 24.34% in Q1 2026, 4.34% in Q4 2025, and 6.39% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 33.46% |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 42.09% |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 23.00% |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 58.46% |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | 0.00% |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | 27.05% |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 11.22% |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 52.73% |
| 10 | B2Gold | 7.18 Bn | 7.18 Bn | 308.29 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.34% |
| Dec 31, 2025 | 4.34% |
| Sep 30, 2025 | 6.39% |
| Jun 30, 2025 | 17.32% |
| Mar 31, 2025 | 7.84% |
| Dec 31, 2024 | 8.58% |
| Sep 30, 2024 | 137.94% |
| Jun 30, 2024 | -12.56% |
| Mar 31, 2024 | 12.96% |
| Dec 31, 2023 | 19.57% |
| Sep 30, 2023 | 10.50% |
| Jun 30, 2023 | 16.31% |
| Mar 31, 2023 | 22.35% |
| Dec 31, 2022 | 20.50% |
| Sep 30, 2022 | 8.15% |
| Jun 30, 2022 | 11,199.92% |
| Mar 31, 2022 | 17.81% |
| Dec 31, 2021 | 4.85% |
| Sep 30, 2021 | 24.03% |
| Jun 30, 2021 | 16.39% |