EBITDA Margin (Annual)

EBITDA Margin: Earnings before interest, taxes, depreciation and amortization as a portion of total revenue. Calculated as: EBITDA / Total Revenues

B2Gold Corp (BTG) had EBITDA Margin of 59.55% for the most recently reported fiscal year, ending 2025-12-31.

Quarterly Annual

Figures for fiscal year ending 2025-12-31

Income Statement Financials
Revenue	$3.06B
Net Income	$401.91M
Cost of Goods Sold	$1.53B
Gross Profit	$1.53B
Operating Expenses	$1.68B
Operating Income	$1.38B
Non-Operating Income/Expense	$-405.46M
Pre-Tax Income	$976.80M
Normalized Pre-Tax Income	$1.24B
Income after Taxes	$426.70M
Income from Continuous Operations	$426.70M
Consolidated Net Income/Loss	$426.70M
Normalized Income after Taxes	$843.74M
EBIT	$1.38B
EBITDA	$1.82B
Weighted-Average Shares Outstanding (Basic)	1.33B
Weighted-Average Shares Outstanding (Diluted)	1.48B
Earnings per Share (EPS) (Basic)	$0.30
Earnings per Share (EPS) (Diluted)	$0.28
Balance Sheet Financials
Current Assets	$1.13B
Property, Plant, and Equipment	$3.76B
Long-Term Assets	$4.75B
Total Assets	$5.88B
Current Liabilities	$1.06B
Long-Term Debt	$564.44M
Long-Term Liabilities	$1.18B
Total Liabilities	$2.24B
Common Equity	$3.64B
Tangible Shareholders Equity	$3.64B
Shareholders Equity	$3.64B
Common Shares Outstanding	1.34B
Cash Flow Statement Financials
Cash Flow from Operating Activities	$895.84M
Cash Flow from Investing Activities	$-892.74M
Cash Flow from Financial Activities	$58.65M
Beginning Cash	$336.97M
End Cash	$380.42M
Increase/Decrease in Cash	$43.45M
Stock-Based Compensation	$22.93M
Common Stock Dividends Paid	$-133.36M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.06
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.13
Debt to Equity Ratio	0.16
Gross Margin	50.01%
Operating Margin	45.15%
EBIT Margin	45.15%
EBITDA Margin	59.55%
Pre-Tax Profit Margin	31.91%
Profit Margin	13.13%
Free Cash Flow	$33.01M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.52
Inventory Turnover	2.44
Receiveable Turnover	25.09
Days Sales in Receivables	14.55
Return on Equity	11.72%
Return on Tangible Equity	11.72%
Return on Assets	7.26%
Return on Investments	10.15%
Book Value Per Share	$2.72
Free Cash Flow per Share	$0.02
Operating Cash Flow per Share	$0.60

Data from Zacks Investment Research, Inc.