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| Date | Value |
|---|---|
| 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% |