Centerra Gold Inc. (CGAU) 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	$0.38	$0.39	+2.6%	—	$442.7M	—
Q1 26	$0.43	$0.44	+2.3%	—	$484.7M	—
Q4 25	$0.37	$0.41	+10.8%	—	$401.6M	—
Q2 25	$0.18	$0.26	+44.4%	—	$288.3M	—
Q1 25	$0.13	$0.12	-7.7%	—	$299.5M	—
Q4 24	$0.18	$0.17	-5.6%	—	$302.4M	—
Q3 24	$0.2	$0.19	-5.0%	—	$323.9M	—
Q2 24	$0.16	$0.23	+43.8%	—	$282.3M	—
Q1 24	$0.13	$0.14	+7.7%	—	$305.9M	—
Q4 23	$0.28	$0.28	0.0%	—	$340M	—
Q3 23	$0.16	$0.2	+25.0%	—	$343.9M	—
Q2 23	-$0.2	-$0.2	0.0%	—	$184.5M	—
Q1 23	-$0.08	-$0.24	-200.0%	—	$226.5M	—
Q4 22	-$0.04	-$0.06	-50.0%	—	$208.3M	—
Q3 22	-$0.06	-$0.06	0.0%	—	$179M	—
Q2 22	-$0.02	-$0.12	-500.0%	—	$167.7M	—

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	—	$2.85	—	—	$1.4B	—
FY24	—	$0.38	—	—	$1.2B	—
FY23	—	-$0.37	—	—	$1.1B	—
FY22	—	-$0.29	—	—	$850.2M

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	$757.7M	$1.2B	$1.1B	$1.4B	$721.3M	$900.1M	$850.2M	$1.1B	$1.2B	$1.4B
YoY change	+21.4%	+58.2%	-5.81%	+21.8%	-47.6%	+24.8%	-5.55%	+28.8%	+10.9%	+14%

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	757.7M	1.2B	1.1B	1.4B	721.3M	900.1M	850.2M	1.1B	1.2B	1.4B
Cost of revenue	411.9M	682.1M	786M	925.2M	505.8M	608.2M	671.7M	830.9M	836.5M	920.8M
Gross profit	345.9M	516.9M	343.4M	450.1M	215.5M	292M	178.5M	264M	378M	463.8M
Gross margin	45.6%	43.1%	30.4%	32.7%	29.9%	32.4%	21%	24.1%	31.1%	33.5%
Research & development	10.7M	4.8M	12.4M	3M	—	—	—	—	—	—
Selling, general & administrative	43M	62.5M	36.9M	55.9M	55.8M	38.5M	60.1M	57.1M	48.6M	71.6M
Operating expenses	69.8M	87.3M	133.8M	167.7M	144.7M	90.9M	42M	192.6M	117M	130.3M
Operating income	177.1M	319.7M	99.7M	140.4M	41.7M	172.3M	103.5M	43M	238.8M	314.4M
Operating margin	23.4%	26.7%	8.83%	10.2%	5.78%	19.1%	12.2%	3.93%	19.7%	22.7%
Non-operating income, net	-14.3M	-60.8M	25.9M	-229.1M	-6.2M	231M	-153.4M	-42.5M	-90.4M	399.6M
Pretax income	156M	232M	98.8M	-100.6M	23.8M	402.9M	-44.4M	13.6M	174.1M	731M
Income tax	4.5M	-19.8M	-14.6M	-7.1M	7.7M	-44M	32.8M	94.9M	93.7M	147M
Net income	151.5M	209.5M	107.5M	-93.5M	408.5M	-381.8M	-77.2M	-81.3M	80.4M	584M
Net margin	20%	17.5%	9.52%	-6.8%	56.6%	-42.4%	-9.08%	-7.42%	6.62%	42.2%
EBITDA	382M	457M	319.9M	382.6M	130.4M	301.2M	211.4M	185.4M	394.2M	445.3M
EPS	0.6	0.72	0.37	-0.32	1.39	-1.29	-0.29	-0.37	0.38	2.85
Diluted EPS	0.6	0.72	0.36	-0.32	1.37	-1.29	-0.31	-0.38	0.35	2.84

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	343.9M	340M	305.9M	282.3M	323.9M	302.4M	299.5M	288.3M	395.2M	401.6M	484.7M	442.7M
Cost of revenue	229.3M	201.9M	207.2M	190M	216.6M	222.7M	223M	200.9M	258.7M	238.2M	287.1M	283.7M
Gross profit	114.6M	138.1M	98.7M	92.3M	107.4M	79.7M	76.5M	87.4M	136.4M	163.4M	197.6M	159M
Gross margin	33.3%	40.6%	32.3%	32.7%	33.1%	26.3%	25.6%	30.3%	34.5%	40.7%	40.8%	35.9%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	10.7M	14.7M	12.4M	13.1M	12.9M	10.2M	13.1M	12.4M	18.2M	27.8M	27.3M	13.4M
Operating expenses	7.2M	92M	5.1M	32.1M	45M	34.9M	26.2M	15.3M	39.8M	49.1M	45.7M	35.2M
Operating income	99.9M	39.6M	87.7M	55M	56.4M	39.7M	44.3M	68.6M	92M	109.6M	147.3M	118.4M
Operating margin	29%	11.7%	28.7%	19.5%	17.4%	13.1%	14.8%	23.8%	23.3%	27.3%	30.4%	26.7%
Non-operating income, net	2.6M	-40.9M	3.9M	-3.7M	-3.4M	-87.2M	9.5M	-3.8M	257.5M	136.4M	-14.1M	9M
Pretax income	102.1M	10.2M	96.3M	55.4M	56.6M	-34.3M	55.3M	66.4M	351.8M	257.5M	132.6M	126.3M
Income tax	41.5M	38.9M	29.9M	17.8M	27.9M	18.2M	24.8M	-2.2M	59.6M	64.8M	53.2M	54.2M
Net income	60.6M	-28.8M	66.4M	37.7M	28.8M	-52.5M	30.5M	68.6M	292.2M	192.8M	79.4M	72.1M
Net margin	17.6%	-8.46%	21.7%	13.3%	8.89%	-17.4%	10.2%	23.8%	73.9%	48%	16.4%	16.3%
EBITDA	148M	83.4M	129.5M	91.9M	98.3M	74.5M	74.7M	99.9M	132.9M	137.8M	184M	157.4M
EPS	0.28	—	0.31	0.18	0.14	—	0.15	0.33	1.44	—	0.4	0.37
Diluted EPS	0.27	—	0.3	0.18	0.13	—	0.13	0.32	1.43	—	0.39	0.35

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	1.2B	—	1.2B	2.3B	3.4B	2.3B	—	—	1.2B	2.9B	4.3B
Enterprise value	1.5B	—	1.3B	2.4B	2.9B	1.3B	—	—	607.1M	2.4B	4B
Shares outstanding	251.5M	291.4M	291.9M	293M	294.7M	296.6M	265.1M	217.2M	213.5M	204.7M	204.7M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	7.72	—	11.5	—	8.36	—	—	—	15.1	5.04	6.98
P/S	1.54	—	1.09	1.69	4.74	2.53	—	—	1	2.12	2.48
P/B	0.64	—	0.57	1.13	1.39	1.11	—	—	0.73	1.43	1.98
EV/EBITDA	3.94	—	3.98	6.21	22.1	4.48	—	—	1.54	5.43	4.66
EV/Sales	1.99	—	1.13	1.73	4	1.5	—	—	0.5	1.75	2.32
Earnings yield	13%	—	8.71%	—	12%	—	—	—	6.62%	19.9%	14.3%
FCF yield	13.6%	—	-5.54%	1.49%	24.2%	14.1%	—	—	9.39%	1.77%	0.08%
PEG	—	—	—	—	—	—	—	—	—	—	0.58

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	45.6%	43.1%	30.4%	32.7%	29.9%	32.4%	21%	24.1%	31.1%	33.5%	35.9%
Operating margin	23.4%	26.7%	8.83%	10.2%	5.78%	19.1%	12.2%	3.93%	19.7%	22.7%	27.2%
Net margin	20%	17.5%	9.52%	-6.8%	56.6%	-42.4%	-9.08%	-7.42%	6.62%	42.2%	36.9%
ROE	8.31%	10.3%	5.01%	-4.53%	16.6%	-18.7%	-4.27%	-4.85%	4.85%	28.4%	32.9%
ROA	5.71%	7.56%	3.8%	-3.46%	13%	-14.3%	-3.31%	-3.56%	3.55%	19.7%	16.8%
ROIC	7.96%	16.8%	4.56%	6.64%	1.46%	15.5%	8.01%	0%	10.5%	16.3%	19.5%
Return on tangible assets	5.78%	7.65%	3.85%	-3.46%	13%	-14.3%	-3.31%	-3.56%	3.55%	19.7%	20.6%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	4.48	2.83	3.47	3.81	5.32	5.59	3.6	3.25	3.5	2.39	2.42
Quick ratio	2.09	1.41	1.01	0.65	3.07	4.62	2.45	2.38	2.67	1.65	1.49
Debt / equity	0.27	0.14	0.09	0.04	0.01	0.01	0.01	0.01	0.01	0.01	0.02
Debt / assets	0.19	0.11	0.07	0.03	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Net debt / EBITDA	0.88	-0.27	0.12	0.13	-4.06	-3.09	-2.45	-3.19	-1.54	-1.17	-0.67
Interest coverage	22.9	11.4	7.27	-13.5	6.26	564.5	-64.4	21.8	160.7	506.5	39
Effective tax rate	2.89%	0%	0%	0%	32.3%	0%	0%	100%	53.8%	20.1%	26.7%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	3.01	4.11	3.87	4.69	2.45	3.03	3.21	5.04	5.69	6.77	8.62
EPS (basic)	0.6	0.72	0.37	-0.32	1.39	-1.29	-0.29	-0.37	0.38	2.85	2.85
EPS (diluted)	0.6	0.72	0.36	-0.32	1.37	-1.29	-0.31	-0.38	0.35	2.84	3.13
Book value per share	7.25	6.95	7.36	7.05	8.37	6.89	6.83	7.71	7.76	10.1	11.1
FCF per share	0.63	0.77	-0.23	0.12	2.8	1.09	-0.31	0.74	0.53	0.25	0.46
Cash per share	0.64	1.43	0.52	0.15	1.86	3.2	2.01	2.83	2.94	2.64	2.32
Capex per share	0.85	0.94	0.98	1.02	0.35	0.27	0.3	0.39	0.86	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	28.1%	23%	25.3%	21.8%	14.4%	8.96%	9.28%	7.65%	15.1%	—	—
Capex / operating cash flow	53.5%	52.7%	104.4%	310%	38.9%	14.8%	-85.1%	32.9%	57.7%	—	—
Payout ratio	15.1%	0%	0%	0%	9.73%	-11.8%	-61.7%	-55.3%	54.1%	7.04%	6.45%
Dividend yield	1.96%	—	0%	0%	1.16%	1.98%	—	—	3.58%	1.4%	0.92%

Yield

0.92%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.05

ex-dividend Aug 19, 2026

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

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

Recent payouts

Ex-dividend	Amount
Aug 19, 2026	$0.05
May 21, 2026	$0.051
Mar 12, 2026	$0.052
May 22, 2025	$0.051
Mar 13, 2025	$0.0486
Nov 13, 2024	$0.0504
Aug 15, 2024	$0.0509
May 29, 2024	$0.0511

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	$343.9M	$340M	$305.9M	$282.3M	$323.9M	$302.4M	$299.5M	$288.3M	$395.2M	$401.6M	$484.7M	$442.7M
YoY change	+92.1%	+63.2%	+35%	+53%	-5.81%	-11.1%	-2.09%	+2.14%	+22%	+32.8%	+61.8%	+53.5%

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	160.2M	415.9M	151.7M	44.5M	548.7M	949.4M	532.7M	615.8M	627.8M	540.9M
Receivables	39.9M	57.6M	48.4M	68M	44.6M	61.3M	82.3M	64.9M	70.7M	128M
Inventory	540.8M	506.2M	577.4M	774.1M	580.6M	221.2M	316.8M	257.3M	234.2M	333.7M
Total current assets	1B	1B	814.5M	932.7M	1.4B	1.3B	990.7M	966M	993.1M	1.1B
Property, plant & equipment	-32M	83.3M	266.5M	-122.3M	-896.5M	-172.4M	-454.8M	-551.2M	-797.5M	-416.2M
Goodwill & intangibles	32.1M	32.1M	32.1M	0	—	—	—	—	—	—
Total assets	2.7B	2.8B	2.8B	2.7B	3.1B	2.7B	2.3B	2.3B	2.3B	3B
Accounts payable	92.7M	122.1M	122M	166.2M	113.5M	67M	111.2M	77.9M	79.6M	150.8M
Short-term debt	72.3M	80.5M	5.8M	4.3M	4.6M	6.1M	5.2M	6.1M	6.4M	7.9M
Total current liabilities	226.6M	357.8M	234.8M	244.8M	257.8M	227.4M	274.9M	297.4M	283.9M	446.9M
Long-term debt	422.8M	211.6M	183.5M	88.3M	14.3M	14.1M	8.7M	18.1M	13.7M	10.9M
Total liabilities	830.5M	746.7M	678.7M	635.8M	670M	633M	525.6M	606.5M	609.2M	898.9M
Shareholders' equity	1.8B	2B	2.1B	2.1B	2.5B	2B	1.8B	1.7B	1.7B	2.1B
Total debt	495M	292.1M	189.3M	92.6M	18.9M	20.2M	14M	24.2M	20.1M	18.8M
Net debt	334.9M	-123.8M	37.6M	49.9M	-526.3M	-927M	-517.9M	-588.7M	-604.6M	-510.1M

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	492.1M	612.9M	647.6M	592.4M	604.3M	624.7M	608.2M	522.3M	568.2M	540.9M	554.5M	457.2M
Receivables	—	—	—	—	—	—	—	—	115M	128M	134.2M	119.2M
Inventory	—	—	—	—	—	—	—	—	293.8M	333.7M	381.3M	423.6M
Total current assets	—	—	—	—	—	—	—	—	1.1B	1.1B	1.1B	1.1B
Property, plant & equipment	—	—	—	—	—	—	—	—	672.5M	-416.2M	333.6M	421.7M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	—	—	—	—	—	—	—	—	2.7B	3B	3.1B	3.1B
Accounts payable	—	—	—	—	—	—	—	—	319.8M	150.8M	369.5M	365.5M
Short-term debt	—	—	—	—	—	—	—	—	6.2M	7.9M	8.2M	8.9M
Total current liabilities	—	—	—	—	—	—	—	—	370.8M	446.9M	470.8M	457M
Long-term debt	—	—	—	—	—	—	—	—	11.5M	10.9M	35.5M	36.9M
Total liabilities	—	—	—	—	—	—	—	—	750.5M	898.9M	978M	927.7M
Shareholders' equity	—	—	—	—	—	—	—	—	1.9B	2.1B	2.1B	2.2B
Total debt	—	—	—	—	—	—	—	—	17.6M	18.8M	43.7M	45.8M
Net debt	—	—	—	—	—	—	—	—	-544.2M	-510.1M	-499.8M	-405.1M

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	151.5M	251.8M	113.5M	-93.5M	16.1M	446.9M	-77.2M	-81.3M	80.4M	584M
Depreciation & amortization	205.2M	198.6M	200.8M	245.7M	102M	126.4M	103.4M	129.7M	130.7M	115.6M
Stock-based compensation	1.8M	7.5M	3.8M	19.8M	20.3M	1.4M	770K	10M	5.2M	21.7M
Change in working capital	23.6M	-6.6M	-100.9M	-64.3M	48.5M	-12.9M	-59.2M	45.6M	27M	-40.3M
Operating cash flow	397.7M	522M	273.9M	96.6M	266.3M	545.3M	-92.7M	254.4M	317.5M	348.6M
Capital expenditure	-212.8M	-275.2M	-285.9M	-299.4M	-103.6M	-80.6M	-78.9M	-83.8M	-183.3M	—
Investing cash flow	-1.3B	-18.4M	-351.5M	-309.6M	-74.6M	132.5M	-255.6M	-90.3M	-193.2M	-48.5M
Dividends paid	-22.9M	0	0	0	-39.8M	-45M	-47.7M	-44.9M	-43.5M	-41.1M
Share repurchases	—	—	—	—	—	0	-104.5M	-20.4M	-44.1M	-93.7M
Financing cash flow	516.8M	-236.7M	-130.2M	-133.5M	-115.5M	-49.1M	-157.7M	-74.3M	-93.5M	-140.5M
Net change in cash	-339.2M	266.9M	-207.8M	-346.5M	76.2M	628.6M	-506.1M	89.8M	30.8M	159.6M
Free cash flow	158.6M	225.4M	-68.4M	34.7M	826.5M	322.3M	-82.9M	160.3M	114.1M	51.9M

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	60.6M	-28.8M	66.4M	37.7M	28.8M	-52.5M	30.5M	68.6M	292.2M	192.8M	79.4M	72.1M
Depreciation & amortization	43.4M	41.6M	34.7M	29M	35.1M	31.8M	24.9M	26.9M	36.1M	27.8M	34.1M	34.7M
Stock-based compensation	2.2M	3.3M	1.2M	1.5M	3.3M	-782K	826K	2M	8.1M	10.7M	-5.2M	1.1M
Change in working capital	45M	27.9M	-2.5M	-13.1M	6M	35.8M	-26.8M	-32.4M	31.3M	-24.9M	-45.8M	-27.3M
Operating cash flow	198.5M	124M	110.7M	68.5M	101.4M	5.9M	62.5M	56.5M	161.7M	103.1M	120.1M	66.2M
Capital expenditure	-22.1M	-34.2M	-42.7M	-28.8M	-66.2M	-45.7M	-48.6M	-50.6M	—	—	—	—
Investing cash flow	-50.2M	-9.2M	-42.7M	-35.6M	-67.4M	-47.5M	-48.6M	-72.6M	-24.9M	-1.7M	709K	-6M
Dividends paid	-11.1M	-11.1M	-11.1M	-10.9M	-11M	-10.5M	-10.3M	-10.6M	-10.3M	-10M	-10.1M	-10M
Share repurchases	-11M	-2.1M	-10M	-9.8M	-12M	-12.2M	-14.9M	-27M	-22.1M	-29.7M	-22.5M	-49.7M
Financing cash flow	-23.6M	-14.7M	-22.1M	-22.2M	-23.7M	-26.6M	-26.5M	-38.5M	-33.9M	-42M	-35.2M	-63.9M
Net change in cash	124.7M	100.1M	45.9M	10.8M	10.3M	-68.2M	-12.7M	-54.7M	102.9M	59.3M	85.6M	-3.7M
Free cash flow	144.4M	111.2M	56.7M	-27.1M	37.5M	47M	10M	-25.6M	98.6M	-31.2M	49M	-23M

Centerra Gold Inc. 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