B2Gold BTG
NYSE BTG
$5.52 +0.14 (+2.60%)
At close: Aug 21, 2026 · 4:00 PM EDT

B2Gold (BTG) Return on Invested Capital (2014 - 2026)

B2Gold (BTG) posted quarterly Return on Invested Capital of 0.02% for Q1 2026, up 2.0% year-over-year from 0.02% in Q1 2025, and up 58.5% quarter-over-quarter from 0.02% in Q4 2025.

B2Gold (BTG) Return on Invested Capital (2014 - 2026) Analysis & Trends

B2Gold's Return on Invested Capital history runs 13 years deep, the most recent figure standing at 0.02% for Q1 2026.

  • In Q1 2026, Return on Invested Capital rose 2.0% year-over-year to 0.02%; the TTM figure through Mar 2026 stood at 0.02% (up 2.0% YoY), while the FY2025 annual figure was 0.02%, up 3.0% from the prior year.
  • Return on Invested Capital for Q1 2026 stood at 0.02%, up from 0.02% in the prior quarter.
  • The five-year high for Return on Invested Capital was 0.07% in Q2 2023, with the low at 0.01% in Q3 2024.
  • The 5-year median for Return on Invested Capital is 0.02% (2023), against an average of 0.03%.
  • The sharpest annual moves came in 2024 and 2025: Return on Invested Capital dropped 6 bps in 2024, then grew 3 bps in 2025.
  • B2Gold's Return on Invested Capital stood at 0.05% in 2022, then slumped by 49 bps to 0.02% in 2023, then slumped by 101 bps to 0.0% in 2024, then soared by 6172 bps to 0.02% in 2025, then soared by 58 bps to 0.02% in 2026.
  • Business Quant data shows BTG's Return on Invested Capital at 0.02% in Q1 2026, 0.02% in Q4 2025, and 0.02% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Newmont 140.45 Bn 131.44 Bn 4.03 Bn -
2 Agnico Eagle Mines 108.80 Bn 105.34 Bn 2.43 Bn -
3 Barrick Mining 79.45 Bn 73.52 Bn 2.90 Bn 0.00%
4 Wheaton Precious Metals 71.58 Bn 71.48 Bn 687.86 Mn 0.01%
5 AngloGold Ashanti 61.94 Bn 59.11 Bn 1.70 Bn 0.01%
6 Gold Fields 42.71 Bn 40.93 Bn - -
7 Pan American Silver 22.35 Bn 20.78 Bn 457,000.00 0.00%
8 Royal Gold 21.96 Bn 21.77 Bn 390.45 Mn -
9 Coeur Mining 21.68 Bn 20.62 Bn 535.85 Mn 0.08%
10 B2Gold 7.38 Bn 7.38 Bn 308.29 Mn 0.02%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.02%
Dec 31, 2025 0.02%
Sep 30, 2025 0.02%
Jun 30, 2025 0.00%
Mar 31, 2025 0.00%
Dec 31, 2024 0.00%
Sep 30, 2024 -0.01%
Jun 30, 2024 0.01%
Mar 31, 2024 0.02%
Dec 31, 2023 0.02%
Sep 30, 2023 0.06%
Jun 30, 2023 0.07%
Mar 31, 2023 0.06%
Dec 31, 2022 0.05%
Sep 30, 2022 0.05%
Jun 30, 2022 0.05%
Mar 31, 2022 0.05%
Dec 31, 2021 0.04%
Sep 30, 2021 0.04%
Jun 30, 2021 0.05%