NASDAQ : SSRM
SSR Mining Inc. — Financial statements
Materials · Gold · United States
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Financial statements
SSR Mining Inc. (SSRM) reported revenue of 1.93B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.93B | 1.63B | 995.62M | 1.43B | 1.15B | 1.47B |
| Cost of Revenue | 870.57M | 802.38M | 634.31M | 804.15M | 649.74M | 595.85M |
| Gross Profit | 1.06B | 827.25M | 361.31M | 622.78M | 498.29M | 878.35M |
| Selling, General & Admin | 123.42M | 107.82M | 61.19M | 67.46M | 71.66M | 56.59M |
| Other Operating Expenses | 36.04M | 31.05M | 32.65M | 8.80M | 8.85M | 923.00K |
| Operating Expenses | 319.39M | 292.18M | 265.83M | 340.46M | 308.77M | 329.58M |
| Operating Income | 743.18M | 535.07M | 95.47M | 282.32M | 189.52M | 548.77M |
| Interest Expense | -11.86M | -14.57M | -13.03M | -16.62M | -19.12M | -19.10M |
| Interest & Investment Income | 14.77M | 12.80M | 16.73M | 22.61M | 16.31M | 1.94M |
| Earnings From Equity Investments | -486.00K | -486.00K | -546.00K | -351.00K | -339.00K | -2.95M |
| Currency Exchange Gain (Loss) | -27.79M | -30.07M | -9.69M | -105.70M | -32.46M | 3.63M |
| Other Non Operating Income (Expenses) | -1.16M | -4.13M | 3.99M | -4.51M | -11.84M | -19.64M |
| EBT Excluding Unusual Items | 716.65M | 498.62M | 92.93M | 177.76M | 142.08M | 512.65M |
| Merger & Restructuring Charges | -10.42M | -22.18M | -1.70M | -406.00K | -74.53M | |
| Impairment of Goodwill | -49.79M | |||||
| Gain (Loss) on Sale of Investments | 20.80M | 17.68M | 5.54M | 33.38M | 17.95M | 3.14M |
| Gain (Loss) on Sale of Assets | -6.51M | -2.77M | 3.25M | -2.09M | -1.38M | 412.00K |
| Asset Writedown | -2.69M | -2.69M | -114.23M | -361.61M | -20.27M | |
| Other Unusual Items | -89.29M | -90.40M | -305.07M | 81.85M | -9.59M | |
| Pretax Income | 672.95M | 442.66M | -319.28M | -202.76M | 240.50M | 411.81M |
| Income Tax Expense | 139.38M | 80.25M | 33.30M | -82.53M | 30.07M | -14.12M |
| Earnings From Continuing Operations | 533.57M | 362.42M | -352.58M | -120.22M | 210.43M | 425.92M |
| Minority Interest in Earnings | 33.34M | 33.34M | 91.31M | 22.22M | -16.29M | -57.85M |
| Net Income | 237.73M | 395.75M | -261.28M | -98.01M | 194.14M | 368.08M |
| Net Income to Common | 237.73M | 395.75M | -261.28M | -98.01M | 194.14M | 368.08M |
| Shares Outstanding (Basic) | 204.86M | 202.75M | 202.26M | 204.71M | 209.88M | 215.99M |
| Shares Outstanding (Diluted) | 215.29M | 217.03M | 202.26M | 204.71M | 222.48M | 228.24M |
| EPS (Basic) | 1.16 | 1.95 | -1.29 | -0.48 | 0.92 | 1.70 |
| EPS (Diluted) | 1.12 | 1.85 | -1.29 | -0.48 | 0.89 | 1.63 |
| Free Cash Flow | 320.69M | 241.65M | -103.40M | 198.30M | 23.38M | 444.18M |
| Free Cash Flow Per Share | 1.49 | 1.11 | -0.51 | 0.97 | 0.10 | 1.95 |
| Dividend Per Share | 0.03 | 0.28 | 0.28 | 0.20 | ||
| Gross Margin | 54.97% | 50.76% | 36.29% | 43.65% | 43.40% | 59.58% |
| Operating Margin | 38.44% | 32.83% | 9.59% | 19.79% | 16.51% | 37.23% |
| Profit Margin | 12.30% | 24.29% | -26.24% | -6.87% | 16.91% | 24.97% |
| Free Cash Flow Margin | 16.59% | 14.83% | -10.39% | 13.90% | 2.04% | 30.13% |
| EBITDA | 863.73M | 651.25M | 225.66M | 496.33M | 370.97M | 776.73M |
| EBITDA Margin | 44.68% | 39.96% | 22.67% | 34.78% | 32.31% | 52.69% |
| D&A For EBITDA | 120.55M | 116.18M | 130.19M | 214.01M | 181.45M | 227.96M |
| EBIT | 743.18M | 535.07M | 95.47M | 282.32M | 189.52M | 548.77M |
| EBIT Margin | 38.44% | 32.83% | 9.59% | 19.79% | 16.51% | 37.23% |
| Effective Tax Rate | 20.71% | 18.13% | 12.50% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.78B | 534.83M | 387.88M | 492.39M | 655.45M | 1.02B |
| Short-Term Investments | 50.92M | 40.78M | 29.46M | 20.94M | 40.28M | 40.43M |
| Cash & Short-Term Investments | 1.83B | 575.61M | 417.35M | 513.34M | 695.73M | 1.06B |
| Accounts Receivable | 46.28M | 94.03M | 84.24M | 91.34M | 62.56M | 86.12M |
| Other Receivables | 49.50M | 42.69M | 40.20M | 50.84M | 55.11M | 35.23M |
| Receivables | 95.77M | 136.72M | 124.44M | 142.18M | 117.67M | 121.36M |
| Inventory | 510.51M | 516.32M | 464.07M | 515.14M | 501.61M | 389.42M |
| Prepaid Expenses | 29.05M | 58.47M | 23.18M | 25.82M | 27.77M | 31.55M |
| Restricted Cash | 33.65M | |||||
| Total Current Assets | 2.47B | 1.29B | 1.03B | 1.20B | 1.38B | 1.60B |
| Property, Plant & Equipment | 1.08B | 4.15B | 3.80B | 3.89B | 3.57B | 3.26B |
| Long-Term Investments | 5.17M | 7.53M | 4.96M | 4.92M | ||
| Goodwill | 49.79M | 49.79M | ||||
| Long-Term Deferred Tax Assets | 4.72M | 4.86M | 7.60M | 22.31M | 1.92M | 8.50M |
| Other Long-Term Assets | 723.69M | 651.76M | 345.90M | 265.53M | 254.17M | 290.62M |
| Total Assets | 4.28B | 6.09B | 5.19B | 5.39B | 5.25B | 5.21B |
| Accounts Payable | 32.81M | 40.85M | 30.54M | 37.09M | 78.93M | 34.84M |
| Accrued Expenses | 164.37M | 138.53M | 95.26M | 104.08M | 94.76M | 106.58M |
| Current Portion of Long-Term Debt | 240.64M | 11.00M | 920.00K | 71.80M | 71.49M | |
| Current Portion of Leases | 2.30M | 9.42M | 6.45M | 6.10M | 5.85M | 14.68M |
| Current Income Taxes Payable | 42.72M | 65.35M | 41.08M | 16.39M | 16.37M | 52.21M |
| Other Current Liabilities | 10.04M | 123.57M | 34.55M | 5.99M | 11.54M | 4.08M |
| Total Current Liabilities | 252.24M | 618.36M | 218.88M | 170.57M | 279.25M | 283.88M |
| Long-Term Debt | 51.42M | 246.36M | 234.06M | 226.51M | 295.49M | |
| Long-Term Leases | 93.75M | 100.72M | 107.15M | 119.40M | 111.49M | |
| Long-Term Deferred Tax Liabilities | 129.92M | 287.49M | 327.28M | 363.85M | 342.40M | 338.79M |
| Other Long-Term Liabilities | 505.56M | 728.63M | 348.92M | 205.94M | 160.89M | 129.27M |
| Total Liabilities | 887.72M | 1.78B | 1.24B | 1.08B | 1.13B | 1.16B |
| Common Stock | 3.08B | 3.00B | 2.99B | 3.01B | 3.06B | 3.14B |
| Retained Earnings | 315.11M | 509.12M | 113.36M | 368.06M | 521.82M | 397.67M |
| Total Common Equity | 3.39B | 3.51B | 3.11B | 3.37B | 3.58B | 3.54B |
| Minority Interest | 806.48M | 839.82M | 931.12M | 546.46M | 514.66M | |
| Shareholders' Equity | 3.39B | 4.31B | 3.95B | 4.30B | 4.13B | 4.05B |
| Total Liabilities & Equity | 4.28B | 6.09B | 5.19B | 5.39B | 5.25B | 5.21B |
| Total Debt | 2.30M | 395.23M | 364.53M | 348.23M | 423.56M | 493.15M |
| Net Cash (Debt) | 1.83B | 180.38M | 57.98M | 172.51M | 276.74M | 564.84M |
| Net Cash Per Share | 8.51 | 0.83 | 0.29 | 0.84 | 1.24 | 2.47 |
| Filing Date Shares Outstanding | 203.91M | 203.33M | 202.39M | 202.46M | 206.76M | 212.38M |
| Total Common Shares Outstanding | 206.40M | 203.00M | 202.37M | 202.95M | 206.65M | 211.88M |
| Working Capital | 2.22B | 668.76M | 810.16M | 1.03B | 1.10B | 1.32B |
| Book Value Per Share | 16.43 | 17.28 | 15.35 | 16.62 | 17.32 | 16.70 |
| Tangible Book Value | 3.39B | 3.51B | 3.11B | 3.37B | 3.53B | 3.49B |
| Tangible Book Value Per Share | 16.43 | 17.28 | 15.35 | 16.62 | 17.08 | 16.46 |
| Machinery | 1.15B | 2.02B | 1.80B | 1.80B | 1.69B | 1.76B |
| Construction In Progress | 85.90M | 232.65M | 135.59M | 86.30M | 58.70M | 36.84M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 237.73M | 395.75M | -261.28M | -98.01M | 194.14M | 368.08M |
| Depreciation & Amortization | 120.55M | 116.18M | 130.19M | 214.01M | 181.45M | 227.96M |
| Other Amortization | 948.00K | |||||
| Loss (Gain) From Sale of Assets | 6.62M | 2.13M | -3.25M | 1.37M | 1.50M | -412.00K |
| Asset Writedown & Restructuring Costs | 38.60M | 411.40M | 20.27M | |||
| Loss (Gain) From Sale of Investments | -10.66M | -9.50M | -7.68M | -4.22M | -602.00K | 10.74M |
| Loss (Gain) on Equity Investments | 2.95M | |||||
| Stock-Based Compensation | 59.54M | 44.56M | 4.72M | 5.17M | 6.47M | 14.80M |
| Other Operating Activities | 83.28M | 95.38M | 211.08M | 24.68M | -76.01M | -7.06M |
| Change in Accounts Receivable | 5.69M | -24.28M | 2.89M | -42.17M | -11.70M | -38.14M |
| Change in Inventory | -170.84M | -147.93M | -80.29M | -33.34M | -108.18M | -20.85M |
| Change in Accounts Payable | 10.99M | -1.05M | -6.49M | -41.87M | 40.81M | -6.88M |
| Change in Other Net Operating Assets | -49.20M | 598.00K | 11.62M | -15.30M | -66.98M | 36.57M |
| Operating Cash Flow | 596.75M | 471.85M | 40.13M | 421.73M | 160.90M | 608.99M |
| Capital Expenditures | -276.06M | -230.20M | -143.53M | -223.42M | -137.51M | -164.81M |
| Sale of Property, Plant & Equipment | 4.85M | 35.07M | 2.50M | |||
| Cash Acquisitions | 2.78M | -105.96M | -119.92M | -170.06M | ||
| Sale (Purchase) of Intangibles | 32.60M | |||||
| Investment in Securities | -2.88M | -4.19M | -3.98M | 4.17M | 26.63M | 1.31M |
| Other Investing Activities | -25.34M | 656.00K | -454.00K | -83.00K | 9.60M | -742.00K |
| Investing Cash Flow | 1.19B | -339.70M | -143.12M | -339.26M | -236.28M | -129.14M |
| Long-Term Debt Issued | 33.63M | 22.24M | 6.54M | |||
| Long-Term Debt Repaid | -4.94M | -5.50M | -75.02M | -81.25M | -80.44M | |
| Net Debt Issued (Repaid) | 26.85M | 28.69M | 16.74M | -68.48M | -81.25M | -80.44M |
| Issuance of Common Stock | 578.00K | 2.63M | 8.78M | |||
| Repurchase of Common Stock | -342.61M | -9.82M | -56.31M | -100.04M | -148.07M | |
| Common Dividends Paid | -57.67M | -58.80M | -43.23M | |||
| Other Financing Activities | -87.92M | -2.52M | 208.00K | -34.33M | -56.80M | |
| Financing Cash Flow | -403.10M | 26.17M | 6.92M | -182.26M | -271.78M | -319.77M |
| Foreign Exchange Rate Adjustments | -6.39M | -11.37M | -8.54M | -96.82M | -16.59M | -3.14M |
| Net Cash Flow | 1.39B | 146.95M | -104.61M | -196.61M | -363.76M | 156.94M |
| Free Cash Flow | 320.69M | 241.65M | -103.40M | 198.30M | 23.38M | 444.18M |
| Free Cash Flow Margin | 16.59% | 14.83% | -10.39% | 13.90% | 2.04% | 30.13% |
| Free Cash Flow Per Share | 1.49 | 1.11 | -0.51 | 0.97 | 0.10 | 1.95 |
| Levered Free Cash Flow | 450.82M | 322.89M | 152.24M | 121.34M | 22.32M | 461.60M |
| Unlevered Free Cash Flow | 458.24M | 332.00M | 160.38M | 131.72M | 34.27M | 472.59M |
| Cash Interest Paid | 8.95M | 9.04M | 7.42M | 16.46M | 22.58M | 12.51M |
| Cash Income Tax Paid | 191.68M | 101.27M | 25.54M | 33.59M | 145.55M | 58.00M |
| Change in Working Capital | -203.36M | -172.66M | -72.27M | -132.68M | -146.05M | -29.30M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.47B | 4.45B | 1.41B | 2.20B | 3.23B | 3.75B |
| Enterprise Value | 3.60B | 5.21B | 2.19B | 3.06B | 3.35B | 3.79B |
| Last Close Price | 26.74 | 21.90 | 6.95 | 10.75 | 15.34 | 17.05 |
| PE Ratio | 23.48 | 11.26 | 16.66 | 10.18 | ||
| PS Ratio | 2.83 | 2.73 | 1.42 | 1.54 | 2.82 | 2.54 |
| PB Ratio | 1.61 | 1.03 | 0.36 | 0.51 | 0.78 | 0.93 |
| P/TBV Ratio | 1.61 | 1.27 | 0.45 | 0.65 | 0.92 | 1.07 |
| P/FCF Ratio | 17.04 | 18.44 | 11.07 | 138.35 | 8.44 | |
| P/OCF Ratio | 9.16 | 9.44 | 35.19 | 5.21 | 20.11 | 6.16 |
| EV/Sales Ratio | 1.86 | 3.19 | 2.20 | 2.14 | 2.92 | 2.57 |
| EV/EBITDA Ratio | 4.17 | 7.99 | 9.69 | 6.17 | 9.04 | 4.88 |
| EV/EBIT Ratio | 4.85 | 9.73 | 22.90 | 10.84 | 17.70 | 6.91 |
| EV/FCF Ratio | 11.24 | 21.55 | 15.43 | 143.46 | 8.54 | |
| Debt / Equity Ratio | 0.00 | 0.09 | 0.09 | 0.08 | 0.10 | 0.12 |
| Debt / EBITDA Ratio | 0.00 | 0.60 | 1.60 | 0.70 | 1.13 | 0.63 |
| Debt / FCF Ratio | 0.01 | 1.64 | 1.76 | 18.11 | 1.11 | |
| Net Debt / Equity Ratio | -0.54 | -0.04 | -0.01 | -0.04 | -0.07 | -0.14 |
| Net Debt / EBITDA Ratio | -2.12 | -0.28 | -0.26 | -0.35 | -0.75 | -0.73 |
| Net Debt / FCF Ratio | -5.71 | -0.75 | 0.56 | -0.87 | -11.84 | -1.27 |
| Asset Turnover | 0.38 | 0.29 | 0.19 | 0.27 | 0.22 | 0.28 |
| Inventory Turnover | 1.61 | 1.64 | 1.30 | 1.58 | 1.46 | 1.44 |
| Quick Ratio | 7.65 | 1.15 | 2.48 | 3.84 | 2.91 | 4.15 |
| Current Ratio | 9.79 | 2.08 | 4.70 | 7.01 | 4.93 | 5.64 |
| Return on Equity (ROE) | 14.27% | 8.77% | -8.55% | -2.85% | 5.15% | 10.78% |
| Return on Assets (ROA) | 9.22% | 5.93% | 1.13% | 3.32% | 2.26% | 6.60% |
| Return on Invested Capital (ROIC) | 21.89% | 10.91% | 2.38% | 7.06% | 4.52% | 15.66% |
| Return on Capital Employed (ROCE) | 18.50% | 9.80% | 1.90% | 5.40% | 3.80% | 11.10% |
| Earnings Yield | 4.26% | 8.88% | -18.50% | -4.46% | 6.00% | 9.82% |
| FCF Yield | 5.87% | 5.42% | -7.32% | 9.03% | 0.72% | 11.85% |
| Dividend Yield | 0.11% | 2.59% | 1.79% | 1.13% | ||
| Payout Ratio | 2.64% | 30.29% | 11.75% | |||
| Buyback Yield / Dilution | -2.77% | -7.30% | 1.20% | 7.99% | 2.52% | -39.43% |
| Total Shareholder Return | -2.66% | -7.30% | 1.20% | 10.57% | 4.31% | -38.30% |