B2Gold (BTG) Tax Rate (2012 - 2025)
B2Gold's Tax Rate was -5.12% in the quarter ended Jun 30, 2026, down 15.36 percentage points from 10.24% a year earlier but up 8.81 percentage points from the prior quarter.
B2Gold (BTG) Tax Rate (2012 - 2025) Analysis & Trends
On a trailing twelve-month basis, B2Gold's Tax Rate was -0.92% through Jun 30, 2026, down 39.00 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 14.80%, up 15.54 percentage points from the prior year.
- Tax Rate shows a five-year change of +19.84 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Tax Rate was -0.74% in the year ended Dec 31, 2024 (-4.28 pp), 3.54% in the year ended Dec 31, 2023 (+2.80 pp), 0.74% in the year ended Dec 31, 2022 (+0.02 pp) and 0.72% in the year ended Dec 31, 2021 (+5.76 pp).
- Quarterly Tax Rate has moved between -58.61% (the quarter ended Sep 30, 2022) and 82.38% (the quarter ended Jun 30, 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in three of the last eight quarters, with an average year-over-year change of -3.74 percentage points.
- The best year-over-year quarter for Tax Rate over five years was the quarter ended Jun 30, 2024 (a gain of 80.21 percentage points); the worst was the quarter ended Jun 30, 2025 (a drop of 72.14 percentage points).
- Per Business Quant data, BTG's Tax Rate in the three quarters before the quarter ended Jun 30, 2026 was -13.93% (quarter ended Mar 31, 2026), 34.70% (quarter ended Dec 31, 2025) and -15.53% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - | - |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn | 31.74% |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 27.90% |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | - |
| 10 | B2Gold | 6.95 Bn | 5.44 Bn | 308.29 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 34.70% |
| Jun 30, 2025 | 12.06% |
| Mar 31, 2025 | 11.96% |
| Jun 30, 2024 | 157.25% |
| Jun 30, 2023 | 2.28% |
| Mar 31, 2023 | 1.01% |
| Dec 31, 2022 | 20.55% |
| Dec 31, 2021 | 6.10% |
| Jun 30, 2021 | 7.77% |
| Dec 31, 2020 | 5.97% |
| Jun 30, 2020 | 4.40% |
| Jun 30, 2019 | 1.42% |
| Mar 31, 2018 | 10.17% |
| Dec 31, 2017 | 96.65% |
| Jun 30, 2017 | 14.53% |
| Mar 31, 2016 | 353.82% |
| Sep 30, 2013 | 1.87% |
| Dec 31, 2012 | 3.29% |
B2Gold Tax Rate 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=tax-rate&ticker=BTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=BTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();