Barrick Mining Corporation (B) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.82	$0.82	0.0%	—	$5.3B	—
Q1 26	$0.81	$0.98	+21.0%	—	$5.2B	—
Q2 25	$0.46	$0.47	+2.2%	—	$3.7B	—
Q4 24	$0.41	$0.46	+12.2%	—	$3.6B	—
Q3 24	$0.32	$0.3	-6.3%	—	$3.4B	—
Q2 24	$0.27	$0.32	+18.5%	—	$3.2B	—
Q1 24	$0.36	$0.38	+5.6%	—	$430.6M	—
Q4 23	$0.21	$0.27	+28.6%	—	$415.5M	—
Q3 23	$0.48	$0.19	-60.4%	—	$361M	—
Q2 23	$0.17	$0.19	+11.8%	—	$339M	—
Q1 23	$0.39	$0.47	+20.5%	—	$335.4M	—
Q4 22	$0.12	$0.13	+8.3%	—	$313.5M	—
Q3 22	$0.49	$0.49	0.0%	—	$314.7M	—
Q2 22	$0.22	$0.24	+9.1%	—	$321.3M	—
Q1 22	$0.4	$0.41	+2.5%	—	$312.4M	—
Q4 21	$0.3	$0.35	+16.7%	—	$311M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.93	—	—	$17B	—
FY24	—	$1.22	—	—	$12.9B	—
FY23	—	$0.31	—	—	$1.5B	—
FY22	—	$0.26	—	—	$1.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.2B	$1.4B	$1.5B	$1.5B	$1.1B	$1.3B	$1.3B	$1.5B	$12.9B	$17B
YoY change	+3.08%	+16.7%	+4.13%	-0.32%	-24.6%	+12%	+0.24%	+15%	+790.6%	+31.2%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.2B	1.4B	1.5B	1.5B	1.1B	1.3B	1.3B	1.5B	12.9B	17B
Cost of revenue	788.7M	943.8M	963.5M	944.2M	721.2M	803.9M	840M	1B	8B	8.3B
Gross profit	442M	492.7M	532.4M	547M	403.2M	455M	421.9M	442.1M	5B	8.7B
Gross margin	35.9%	34.3%	35.6%	36.7%	35.9%	36.1%	33.4%	30.5%	38.4%	51.3%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	245.5M	286.3M	300.6M	310.5M	279.8M	305M	296.6M	353.1M	115M	222M
Operating expenses	245.5M	286.3M	300.6M	310.5M	279.8M	305M	296.6M	353.1M	655M	686M
Operating income	196.5M	206.5M	231.8M	236.4M	123.4M	150M	125.3M	89M	4.2B	8B
Operating margin	16%	14.4%	15.5%	15.9%	11%	11.9%	9.93%	6.13%	32.4%	47.2%
Non-operating income, net	-2M	3.8M	-7.4M	-9M	-5.9M	-6M	-72.5M	2.4M	553M	898M
Pretax income	182.6M	195.7M	207.5M	206.8M	101.5M	127.8M	38.2M	33.3M	4.6B	8.8B
Income tax	47M	136.3M	41.3M	48.5M	38.1M	27.9M	24.7M	17.3M	1.5B	1.7B
Net income	135.6M	59.4M	166.2M	158.3M	63.4M	99.9M	13.5M	16M	3.1B	7.2B
Net margin	11%	4.14%	11.1%	10.6%	5.64%	7.93%	1.07%	1.1%	23.9%	42.2%
EBITDA	276.9M	300.4M	318.6M	326.5M	205.1M	235.1M	213.2M	207.3M	6.6B	10.6B
EPS	2.5	1.1	3.18	3.09	1.25	1.96	0.26	0.31	1.22	2.93
Diluted EPS	2.48	1.09	3.15	3.07	1.24	1.96	0.26	0.31	1.22	2.93

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	361M	415.5M	430.6M	3.2B	3.4B	3.6B	3.1B	3.7B	4.1B	6B	5.2B	5.3B
Cost of revenue	253.5M	304.4M	300.1M	2B	2.1B	2B	1.8B	1.9B	1.9B	2.7B	2.1B	2.4B
Gross profit	107.5M	111.1M	130.5M	1.2B	1.3B	1.6B	1.3B	1.8B	2.3B	3.3B	3.1B	2.9B
Gross margin	29.8%	26.7%	30.3%	37.4%	39.1%	45.3%	43%	49%	54.4%	54.8%	59.8%	54.7%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	97.5M	81.4M	90.9M	32M	46M	9M	42M	39M	77M	64M	39M	31M
Operating expenses	97.5M	81.4M	90.9M	120M	209M	205M	115M	113M	173M	285M	152M	180M
Operating income	10M	29.7M	39.7M	1.1B	1.1B	1.3B	1.2B	1.7B	2.1B	3B	3B	2.7B
Operating margin	2.77%	7.15%	9.21%	33.6%	32.9%	36.3%	39.3%	45.9%	50.3%	50%	56.9%	51.3%
Non-operating income, net	874K	16K	-1.7M	88M	-5M	472M	-119M	-284M	330M	971M	291M	-73M
Pretax income	-11.9M	6.2M	13.2M	1B	1B	1.9B	1.1B	1.4B	2.4B	4B	3.2B	2.6B
Income tax	9.8M	-1.1M	11.2M	407M	245M	694M	278M	102M	477M	794M	747M	732M
Net income	-21.7M	7.2M	1.9M	634M	780M	1.2B	781M	1.3B	1.9B	3.2B	2.5B	1.9B
Net margin	-6.02%	1.74%	0.45%	20.1%	23.2%	32.6%	25%	34.1%	45.9%	53.6%	47.5%	35.8%
EBITDA	43.1M	66.3M	69M	1.6B	1.7B	1.9B	1.7B	2.2B	2.7B	3.8B	3.8B	3.4B
EPS	-0.43	—	0.04	0.21	0.28	—	0.27	0.47	0.76	—	0.96	0.73
Diluted EPS	-0.43	—	0.04	0.21	0.28	—	0.27	0.47	0.76	—	0.96	0.73

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	866M	782.4M	708.2M	952.1M	1.2B	967.6M	875.5M	923.5M	—	74.3B	67.6B
Enterprise value	1.3B	1.2B	1.6B	1.7B	1.8B	1.5B	1.4B	2.1B	—	72.8B	78.9B
Shares outstanding	54.2M	54.1M	52.3M	51.2M	50.9M	50.9M	51M	51.1M	1.8B	1.7B	1.7B

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	6.39	13.2	4.26	6.01	18.3	9.69	65	57.7	—	10.4	11.1
P/S	0.7	0.54	0.47	0.64	1.03	0.77	0.69	0.64	—	4.38	3.42
P/B	0.74	0.62	0.59	0.75	0.84	0.68	0.65	0.68	—	2.07	2.58
EV/EBITDA	4.7	3.89	4.87	5.22	8.76	6.29	6.47	10.3	—	6.88	6.11
EV/Sales	1.06	0.81	1.04	1.14	1.6	1.18	1.09	1.47	—	4.3	3.82
Earnings yield	15.7%	7.59%	23.5%	16.6%	5.47%	10.3%	1.54%	1.73%	—	9.62%	9.03%
FCF yield	19.6%	18.6%	24.6%	20.5%	15.1%	13.8%	4.62%	6.14%	—	5.2%	7.52%
PEG	—	—	—	—	—	—	—	—	—	—	0.2

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	35.9%	34.3%	35.6%	36.7%	35.9%	36.1%	33.4%	30.5%	38.4%	51.3%	54.7%
Operating margin	16%	14.4%	15.5%	15.9%	11%	11.9%	9.93%	6.13%	32.4%	47.2%	51.3%
Net margin	11%	4.14%	11.1%	10.6%	5.64%	7.93%	1.07%	1.1%	23.9%	42.2%	31.6%
ROE	11.6%	4.71%	13.8%	12.5%	4.58%	6.99%	1%	1.17%	9.29%	19.9%	27%
ROA	6.34%	2.51%	5.92%	5.78%	2.37%	3.88%	0.56%	0.48%	6.48%	13.9%	13.4%
ROIC	9.1%	3.8%	9.07%	8.95%	3.81%	6.04%	2.39%	1.66%	8.14%	18.9%	23.5%
Return on tangible assets	-78%	-206.2%	-44.3%	-54.6%	-13.3%	-29.9%	-9.48%	-3.39%	7.48%	15.8%	20.6%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.02	2.43	2.25	2.23	2.17	2.19	2.4	2.29	2.89	2.92	3.01
Quick ratio	1.26	1.67	1.51	1.55	1.37	1.42	1.47	1.37	2.15	2.33	2.36
Debt / equity	0.43	0.42	0.78	0.67	0.52	0.43	0.43	0.96	0.16	0.15	0.13
Debt / assets	0.23	0.23	0.34	0.31	0.27	0.24	0.24	0.39	0.11	0.1	0.09
Net debt / EBITDA	1.57	1.29	2.65	2.3	3.11	2.18	2.37	5.85	0.18	-0.14	-0.09
Interest coverage	16.4	14.4	13.3	11	7.37	8.89	3.61	1.57	11.9	25.6	61.9
Effective tax rate	25.7%	69.6%	19.9%	23.4%	37.6%	21.9%	64.7%	51.9%	33%	18.8%	22.5%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	22.7	26.6	28.6	29.1	22.1	24.7	24.8	28.4	7.38	9.93	12.3
EPS (basic)	2.5	1.1	3.18	3.09	1.25	1.96	0.26	0.31	1.22	2.93	2.93
EPS (diluted)	2.48	1.09	3.15	3.07	1.24	1.96	0.26	0.31	1.22	2.93	3.87
Book value per share	21.6	23.3	23	24.8	27.2	28.1	26.4	26.7	19	21	16.6
FCF per share	3.14	2.69	3.33	3.81	3.43	2.63	0.79	1.11	0.75	2.27	3.11
Cash per share	1.23	2.69	1.93	1.83	1.56	2.02	1.51	1.76	2.33	3.93	3.6
Capex per share	0.01	0.05	0.03	0.01	0.01	0.06	0.04	0.16	0.01	2.24	2.53

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.06%	0.18%	0.09%	0.04%	0.04%	0.24%	0.14%	0.55%	0.15%	22.5%	20.4%
Capex / operating cash flow	0.39%	2.27%	0.56%	0.22%	0.17%	1.65%	3.65%	7.72%	0.31%	49.7%	44.8%
Payout ratio	20.2%	49.7%	19.4%	20.6%	51.1%	32.4%	240.2%	202.6%	22.5%	12.4%	23.8%
Dividend yield	3.17%	3.78%	4.55%	3.42%	2.8%	3.35%	3.7%	3.51%	—	1.2%	1.7%

Yield

1.7%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.175

ex-dividend Aug 31, 2026

Payout ratio

24%

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 31, 2026	$0.175
May 29, 2026	$0.175
Feb 27, 2026	$0.42

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$361M	$415.5M	$430.6M	$3.2B	$3.4B	$3.6B	$3.1B	$3.7B	$4.1B	$6B	$5.2B	$5.3B
YoY change	+14.7%	+32.6%	+28.4%	+832.8%	+833%	+777.2%	+626.8%	+16.4%	+23.2%	+64.5%	+66.7%	+43.8%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	66.4M	145.3M	100.7M	93.8M	79.1M	102.9M	76.9M	89.8M	4.1B	6.7B
Receivables	287.1M	348.9M	382.3M	349M	251.5M	262.3M	291.9M	353.9M	204M	250M
Inventory	227.8M	242M	266M	232.7M	238M	239.7M	283.4M	365.2M	1.9B	2.1B
Total current assets	608.5M	768.7M	806.1M	764.4M	642.3M	680.2M	732.3M	906.7M	7.6B	10.2B
Property, plant & equipment	164.8M	177.1M	187M	177.9M	176M	154.4M	135.2M	204.5M	-45.6B	-44.8B
Goodwill & intangibles	2.3B	2.4B	3.2B	3B	3.2B	2.9B	2.6B	3.8B	6.3B	6.2B
Total assets	2.1B	2.4B	2.8B	2.7B	2.7B	2.6B	2.4B	3.3B	47.6B	51.6B
Accounts payable	112M	127.5M	143.4M	118.5M	112.4M	131.1M	145.1M	164.3M	655M	646M
Short-term debt	32.9M	7M	7.7M	20.5M	16.1M	14.9M	11.7M	21.8M	84M	108M
Total current liabilities	301.9M	315.8M	357.9M	342.9M	295.4M	310.4M	305.1M	396.6M	2.6B	3.5B
Long-term debt	468.1M	525.6M	936.4M	825M	699.9M	599.9M	569.6M	1.3B	5.2B	5.1B
Total liabilities	969.2M	1.1B	1.6B	1.5B	1.3B	1.1B	1.1B	1.9B	14.4B	15.7B
Shareholders' equity	1.2B	1.3B	1.2B	1.3B	1.4B	1.4B	1.3B	1.4B	33.3B	35.9B
Total debt	501M	532.6M	944M	845.5M	716M	614.8M	581.3M	1.3B	5.3B	5.2B
Net debt	434.5M	387.3M	843.3M	751.7M	636.8M	511.9M	504.4M	1.2B	1.2B	-1.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	90M	89.8M	81.6M	4B	4.2B	4.1B	4.1B	4.8B	5B	6.7B	7.1B	5.9B
Receivables	348.5M	353.9M	308.7M	566M	684M	204M	736M	910M	551M	250M	718M	856M
Inventory	370.7M	365.2M	336.2M	1.7B	1.8B	1.9B	2B	1.7B	1.9B	2.1B	2.1B	2.1B
Total current assets	903.4M	906.7M	915M	7.2B	8B	7.6B	8B	8.1B	8.9B	10.2B	10.6B	9.7B
Property, plant & equipment	-614.3M	204.5M	-468.9M	—	—	-45.6B	—	—	—	-44.8B	—	—
Goodwill & intangibles	3.7B	3.8B	3.6B	7.5B	7.5B	6.3B	6.5B	6.5B	6.4B	6.2B	6.4B	6.4B
Total assets	3.3B	3.3B	3.3B	46.2B	47.4B	47.6B	48.1B	47.3B	48.4B	51.6B	52.6B	52.3B
Accounts payable	156.1M	164.3M	145.7M	1.4B	1.5B	655M	1.6B	1.5B	1.4B	646M	1.6B	2.1B
Short-term debt	4.4M	21.8M	20.9M	11M	13M	84M	24M	73M	71M	108M	61M	15M
Total current liabilities	380.6M	396.6M	379.2M	2.4B	3B	2.6B	2.8B	2.5B	3B	3.5B	3.5B	3.2B
Long-term debt	1.3B	1.3B	1.3B	4.7B	4.7B	5.2B	4.7B	4.7B	4.6B	5.1B	4.7B	4.7B
Total liabilities	1.9B	1.9B	1.9B	13.7B	14.5B	14.4B	14.6B	13.9B	14.4B	15.7B	15.8B	15.5B
Shareholders' equity	1.3B	1.4B	1.3B	32.5B	32.9B	33.3B	33.6B	33.4B	33.9B	35.9B	36.8B	36.9B
Total debt	1.3B	1.3B	1.3B	4.7B	4.7B	5.3B	4.7B	4.7B	4.7B	5.2B	4.7B	4.7B
Net debt	1.2B	1.2B	1.2B	688M	500M	1.2B	623M	-73M	-323M	-1.5B	-2.4B	-1.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	135.6M	59.4M	166.2M	158.3M	63.4M	99.9M	13.5M	16M	3.1B	7.2B
Depreciation & amortization	80.2M	90.2M	94.2M	99.1M	87.7M	91.1M	92.2M	115.8M	1.9B	1.9B
Stock-based compensation	11.5M	12.3M	12.2M	13.3M	10.3M	11.5M	12.8M	10.2M	65M	270M
Change in working capital	-27M	-51M	-28.1M	-10.1M	92.3M	-19.2M	-70.9M	-44.3M	-382M	-23M
Operating cash flow	201.6M	114.2M	247.4M	263.3M	259M	182.6M	50M	102.6M	6.1B	7.7B
Capital expenditure	780K	2.6M	1.4M	577K	449K	3M	1.8M	7.9M	19M	-3.8B
Investing cash flow	-131.9M	-9.3M	-430.1M	-8.9M	36.5M	4.3M	-904K	-711.8M	115M	-1.5B
Dividends paid	-27.4M	-29.6M	-32.2M	-32.5M	-32.4M	-32.4M	-32.4M	-32.4M	-696M	-890M
Share repurchases	-20.5M	-40.8M	-138.3M	-50.3M	-15.6M	-5.2M	-6.7M	0	-498M	-1.5B
Financing cash flow	-53.3M	-63.8M	215.6M	-192M	-219.7M	-114.7M	-64.8M	666.6M	-1.8B	-3.8B
Net change in cash	16.4M	41.1M	32.9M	62.4M	75.8M	72.3M	-15.7M	57.4M	4.4B	2.3B
Free cash flow	170.1M	145.2M	174.1M	195M	174.8M	133.7M	40.5M	56.7M	1.3B	3.9B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	-21.7M	7.2M	1.9M	634M	780M	1.2B	781M	1.3B	1.9B	3.2B	2.5B	1.9B
Depreciation & amortization	32.3M	36.6M	31M	480M	477M	484M	411M	436M	460M	599M	500M	555M
Stock-based compensation	3.3M	2.1M	3.4M	5M	50M	-3M	42M	27M	98M	103M	38M	24M
Change in working capital	-2.2M	-2M	-3.5M	112M	-251M	-2M	-105M	-129M	184M	27M	-302M	-379M
Operating cash flow	12.3M	46.2M	32M	1.6B	1.4B	2.2B	1.4B	1.3B	2.4B	2.7B	2.6B	1.7B
Capital expenditure	6.8M	931K	20K	7M	2M	10M	—	-934M	-943M	-1.1B	-979M	-1.2B
Investing cash flow	-712.1M	931K	179K	41M	51M	22M	60M	31M	-924M	133M	-836M	-1.1B
Dividends paid	-8.1M	-8.1M	-8.1M	-175M	-174M	-172M	-172M	-170M	-254M	-294M	-697M	-288M
Share repurchases	0	0	—	-49M	-95M	-354M	-143M	-268M	-589M	-500M	0	-1.2B
Financing cash flow	716.5M	-25.8M	8.6M	-367M	-387M	-814M	-443M	-721M	-1.3B	-1.4B	-1.5B	-2B
Net change in cash	16.6M	21.3M	40.8M	1.3B	1B	1.4B	1B	639M	203M	1.5B	212M	-1.4B
Free cash flow	12.7M	23.1M	-15.2M	340M	444M	501M	375M	395M	1.5B	1.6B	1.6B	515M

Date	Ratio
Jun 12, 2006	2:1
Apr 28, 1997	3:1

Barrick Mining Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history