NYSE : B
Barrick Mining Corporation — Financial statements
Materials · Gold · Canada
Last price 38.67 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 63.69B
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Financial statements
Barrick Mining Corporation (B) reported revenue of 20.66B 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 | 20.66B | 16.96B | 12.92B | 11.40B | 11.01B | 11.98B |
| Cost of Revenue | 9.03B | 8.27B | 7.96B | 7.93B | 7.54B | 7.11B |
| Gross Profit | 11.62B | 8.69B | 4.96B | 3.46B | 3.47B | 4.88B |
| Selling, General & Admin | 211.00M | 222.00M | 115.00M | 126.00M | 174.00M | 167.00M |
| Other Operating Expenses | 209.00M | 178.00M | 336.00M | -158.00M | -84.00M | 140.00M |
| Operating Expenses | 909.00M | 775.00M | 249.00M | 597.00M | 879.00M | 590.00M |
| Operating Income | 10.71B | 7.92B | 4.71B | 2.87B | 2.59B | 4.29B |
| Interest Expense | -328.00M | -359.00M | -424.00M | -350.00M | -342.00M | -347.00M |
| Interest & Investment Income | 281.00M | 266.00M | 298.00M | 290.00M | 111.00M | 57.00M |
| Earnings From Equity Investments | 771.00M | 444.00M | 241.00M | 232.00M | 258.00M | 446.00M |
| Currency Exchange Gain (Loss) | -37.00M | -3.00M | -39.00M | -93.00M | -16.00M | -29.00M |
| Other Non Operating Income (Expenses) | -1.00M | -89.00M | -1.00M | -2.00M | ||
| EBT Excluding Unusual Items | 11.40B | 8.26B | 4.79B | 2.86B | 2.60B | 4.41B |
| Merger & Restructuring Charges | -186.00M | -186.00M | ||||
| Impairment of Goodwill | -484.00M | -1.19B | ||||
| Gain (Loss) on Sale of Investments | 1.00M | -4.00M | 304.00M | 189.00M | ||
| Gain (Loss) on Sale of Assets | 941.00M | 852.00M | -60.00M | |||
| Asset Writedown | -62.00M | -4.00M | 347.00M | -44.00M | -29.00M | 75.00M |
| Legal Settlements | -60.00M | -163.00M | -25.00M | -41.00M | -42.00M | |
| Other Unusual Items | 208.00M | 41.00M | 14.00M | |||
| Pretax Income | 12.24B | 8.80B | 4.61B | 2.81B | 1.68B | 4.63B |
| Income Tax Expense | 2.75B | 1.65B | 1.52B | 861.00M | 664.00M | 1.34B |
| Earnings From Continuing Operations | 9.49B | 7.15B | 3.09B | 1.95B | 1.02B | 3.29B |
| Minority Interest in Earnings | -2.96B | -2.16B | -944.00M | -681.00M | -585.00M | -1.27B |
| Net Income | 6.53B | 4.99B | 2.14B | 1.27B | 432.00M | 2.02B |
| Net Income to Common | 6.53B | 4.99B | 2.14B | 1.27B | 432.00M | 2.02B |
| Shares Outstanding (Basic) | 1.68B | 1.71B | 1.75B | 1.75B | 1.77B | 1.78B |
| Shares Outstanding (Diluted) | 1.68B | 1.71B | 1.75B | 1.75B | 1.77B | 1.78B |
| EPS (Basic) | 3.88 | 2.93 | 1.22 | 0.72 | 0.24 | 1.14 |
| EPS (Diluted) | 3.88 | 2.93 | 1.22 | 0.72 | 0.24 | 1.14 |
| Free Cash Flow | 5.19B | 3.87B | 1.32B | 646.00M | 432.00M | 1.94B |
| Free Cash Flow Per Share | 3.08 | 2.27 | 0.75 | 0.37 | 0.24 | 1.09 |
| Dividend Per Share | 0.65 | 0.50 | 0.40 | 0.40 | 0.40 | 0.37 |
| Gross Margin | 56.27% | 51.26% | 38.39% | 30.40% | 31.49% | 40.68% |
| Operating Margin | 51.87% | 46.69% | 36.46% | 25.16% | 23.51% | 35.75% |
| Profit Margin | 31.60% | 29.45% | 16.59% | 11.16% | 3.92% | 16.87% |
| Free Cash Flow Margin | 25.12% | 22.81% | 10.19% | 5.67% | 3.92% | 16.21% |
| EBITDA | 12.90B | 9.90B | 6.11B | 5.25B | 5.09B | 6.43B |
| EBITDA Margin | 62.47% | 58.41% | 47.24% | 46.06% | 46.18% | 53.64% |
| D&A For EBITDA | 2.19B | 1.99B | 1.39B | 2.38B | 2.50B | 2.14B |
| EBIT | 10.71B | 7.92B | 4.71B | 2.87B | 2.59B | 4.29B |
| EBIT Margin | 51.87% | 46.69% | 36.46% | 25.16% | 23.51% | 35.75% |
| Effective Tax Rate | 22.47% | 18.75% | 32.99% | 30.60% | 39.50% | 29.02% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 5.93B | 6.71B | 4.07B | 4.15B | 4.44B | 5.28B |
| Cash & Short-Term Investments | 5.93B | 6.71B | 4.07B | 4.15B | 4.44B | 5.28B |
| Accounts Receivable | 856.00M | 250.00M | 204.00M | 246.00M | 188.00M | 242.00M |
| Other Receivables | 873.00M | 1.16B | 932.00M | 718.00M | 700.00M | |
| Receivables | 856.00M | 1.12B | 1.36B | 1.18B | 906.00M | 942.00M |
| Inventory | 2.09B | 2.07B | 1.94B | 1.78B | 1.78B | 1.73B |
| Prepaid Expenses | 192.00M | 150.00M | 203.00M | 243.00M | 206.00M | |
| Restricted Cash | 945.00M | |||||
| Other Current Assets | 781.00M | 128.00M | 103.00M | 127.00M | 150.00M | 87.00M |
| Total Current Assets | 9.65B | 10.22B | 7.63B | 7.44B | 8.46B | 8.25B |
| Property, Plant & Equipment | 30.47B | 29.35B | 28.56B | 26.42B | 25.82B | 24.95B |
| Long-Term Investments | 4.24B | 4.35B | 4.15B | 4.26B | 4.09B | 5.01B |
| Goodwill | 3.03B | 3.03B | 3.10B | 3.58B | 3.58B | 4.77B |
| Other Intangible Assets | 148.00M | 148.00M | 148.00M | 149.00M | 149.00M | 150.00M |
| Long-Term Deferred Tax Assets | 32.00M | 43.00M | 19.00M | 29.00M | ||
| Other Long-Term Assets | 4.77B | 4.19B | 3.82B | 3.78B | 3.67B | 3.61B |
| Total Assets | 52.35B | 51.58B | 47.63B | 45.81B | 45.97B | 46.89B |
| Accounts Payable | 2.08B | 646.00M | 655.00M | 678.00M | 1.69B | 539.00M |
| Accrued Expenses | 1.41B | 1.01B | 875.00M | 865.00M | 966.00M | |
| Current Portion of Long-Term Debt | 8.00M | 99.00M | 71.00M | 32.00M | 32.00M | 9.00M |
| Current Portion of Leases | 7.00M | 9.00M | 13.00M | 11.00M | 13.00M | 15.00M |
| Current Income Taxes Payable | 571.00M | 866.00M | 545.00M | 303.00M | 163.00M | 285.00M |
| Current Unearned Revenue | 36.00M | 40.00M | 58.00M | 54.00M | 43.00M | |
| Other Current Liabilities | 533.00M | 436.00M | 306.00M | 399.00M | 307.00M | 229.00M |
| Total Current Liabilities | 3.20B | 3.50B | 2.64B | 2.36B | 3.12B | 2.09B |
| Long-Term Debt | 4.60B | 5.07B | 5.13B | 5.12B | 5.15B | 5.40B |
| Long-Term Leases | 64.00M | 38.00M | 46.00M | 59.00M | 57.00M | 53.00M |
| Long-Term Unearned Revenue | 543.00M | 575.00M | 560.00M | 573.00M | 592.00M | |
| Pension & Post-Retirement Benefits | 63.00M | 66.00M | 72.00M | 82.00M | 90.00M | |
| Long-Term Deferred Tax Liabilities | 4.38B | 3.98B | 3.89B | 3.44B | 3.25B | 3.29B |
| Other Long-Term Liabilities | 3.25B | 2.47B | 2.03B | 2.20B | 2.45B | 3.07B |
| Total Liabilities | 15.50B | 15.66B | 14.37B | 13.81B | 14.68B | 14.58B |
| Common Stock | 26.37B | 26.83B | 27.66B | 28.12B | 28.11B | 28.50B |
| Additional Paid-In Capital | 371.00M | 1.13B | 1.83B | 1.88B | 1.88B | 1.91B |
| Retained Earnings | 582.00M | -1.17B | -5.27B | -6.71B | -7.28B | -6.57B |
| Comprehensive Income & Other | -14.00M | -235.00M | 71.00M | 62.00M | 64.00M | 15.00M |
| Total Common Equity | 27.31B | 26.56B | 24.29B | 23.34B | 22.77B | 23.86B |
| Minority Interest | 9.54B | 9.36B | 8.97B | 8.66B | 8.52B | 8.45B |
| Shareholders' Equity | 36.85B | 35.92B | 33.26B | 32.00B | 31.29B | 32.31B |
| Total Liabilities & Equity | 52.35B | 51.58B | 47.63B | 45.81B | 45.97B | 46.89B |
| Total Debt | 4.68B | 5.21B | 5.26B | 5.22B | 5.25B | 5.47B |
| Net Cash (Debt) | 1.25B | 1.50B | -1.18B | -1.07B | -810.00M | -193.00M |
| Net Cash Per Share | 0.74 | 0.88 | -0.68 | -0.61 | -0.46 | -0.11 |
| Filing Date Shares Outstanding | 1.65B | 1.68B | 1.73B | 1.76B | 1.76B | 1.78B |
| Total Common Shares Outstanding | 1.65B | 1.68B | 1.73B | 1.76B | 1.76B | 1.78B |
| Working Capital | 6.45B | 6.72B | 4.99B | 5.08B | 5.34B | 6.16B |
| Book Value Per Share | 16.59 | 15.85 | 14.06 | 13.30 | 12.97 | 13.41 |
| Tangible Book Value | 24.12B | 23.38B | 21.05B | 19.61B | 19.04B | 18.94B |
| Tangible Book Value Per Share | 14.66 | 13.95 | 12.19 | 11.17 | 10.85 | 10.64 |
| Buildings | 21.68B | 35.74B | 34.62B | 18.47B | 17.24B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 6.53B | 4.99B | 2.14B | 1.27B | 432.00M | 2.02B |
| Depreciation & Amortization | 2.21B | 2.00B | 1.41B | 2.40B | 2.52B | 2.16B |
| Other Amortization | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M |
| Loss (Gain) From Sale of Assets | -941.00M | -852.00M | -24.00M | -12.00M | -105.00M | -8.00M |
| Asset Writedown & Restructuring Costs | -1.00M | 4.00M | 137.00M | 44.00M | 1.22B | -75.00M |
| Loss (Gain) From Sale of Investments | 1.00M | 5.00M | -347.00M | -303.00M | -189.00M | |
| Loss (Gain) on Equity Investments | -771.00M | -444.00M | -241.00M | -232.00M | -258.00M | -446.00M |
| Stock-Based Compensation | 263.00M | 270.00M | 65.00M | 66.00M | 55.00M | 81.00M |
| Other Operating Activities | 2.59B | 1.74B | 1.38B | 946.00M | 247.00M | 1.10B |
| Change in Accounts Receivable | 140.00M | -45.00M | -4.00M | -155.00M | 89.00M | -46.00M |
| Change in Inventory | 169.00M | 214.00M | -172.00M | -97.00M | -219.00M | -163.00M |
| Change in Accounts Payable | -229.00M | -53.00M | 48.00M | -37.00M | 93.00M | 140.00M |
| Change in Other Net Operating Assets | -550.00M | -139.00M | -254.00M | -115.00M | -285.00M | -204.00M |
| Operating Cash Flow | 9.41B | 7.69B | 4.49B | 3.73B | 3.48B | 4.38B |
| Capital Expenditures | -4.22B | -3.82B | -3.17B | -3.09B | -3.05B | -2.44B |
| Sale of Property, Plant & Equipment | 10.00M | 4.00M | 19.00M | 13.00M | 88.00M | 35.00M |
| Divestitures | 1.20B | 2.16B | 27.00M | |||
| Investment in Securities | 150.00M | 42.00M | 38.00M | -23.00M | 381.00M | 474.00M |
| Other Investing Activities | 761.00M | 377.00M | 353.00M | 280.00M | 869.00M | 2.00M |
| Investing Cash Flow | -2.10B | -1.24B | -2.76B | -2.82B | -1.71B | -1.90B |
| Short-Term Debt Issued | 52.00M | 65.00M | 177.00M | 131.00M | ||
| Total Debt Issued | 6.00M | 52.00M | 65.00M | 177.00M | 131.00M | |
| Short-Term Debt Repaid | -9.00M | |||||
| Long-Term Debt Repaid | -26.00M | -14.00M | -56.00M | -395.00M | -27.00M | |
| Lease Payments | -5.00M | -12.00M | -14.00M | -13.00M | -20.00M | -20.00M |
| Total Debt Repaid | -73.00M | -35.00M | -14.00M | -56.00M | -395.00M | -27.00M |
| Net Debt Issued (Repaid) | -67.00M | -35.00M | 38.00M | 9.00M | -218.00M | 104.00M |
| Repurchase of Common Stock | -2.30B | -1.50B | -498.00M | -424.00M | -750.00M | |
| Common Dividends Paid | -1.53B | -890.00M | -696.00M | -700.00M | -1.14B | -634.00M |
| Other Financing Activities | -2.29B | -1.40B | -639.00M | -514.00M | -819.00M | -1.11B |
| Financing Cash Flow | -6.19B | -3.82B | -1.79B | -1.21B | -2.60B | -2.39B |
| Foreign Exchange Rate Adjustments | 2.00M | 2.00M | -6.00M | -3.00M | -6.00M | -1.00M |
| Net Cash Flow | 1.12B | 2.63B | -74.00M | -292.00M | -840.00M | 92.00M |
| Free Cash Flow | 5.19B | 3.87B | 1.32B | 646.00M | 432.00M | 1.94B |
| Free Cash Flow Margin | 25.12% | 22.81% | 10.19% | 5.67% | 3.92% | 16.21% |
| Free Cash Flow Per Share | 3.08 | 2.27 | 0.75 | 0.37 | 0.24 | 1.09 |
| Levered Free Cash Flow | 5.09B | 4.05B | 959.00M | 925.75M | 885.38M | 2.12B |
| Unlevered Free Cash Flow | 5.29B | 4.28B | 1.22B | 1.14B | 1.10B | 2.33B |
| Free Cash Flow After Leases | 5.18B | 3.86B | 1.30B | 633.00M | 412.00M | 1.92B |
| Cash Interest Paid | 293.00M | 291.00M | 380.00M | 300.00M | 305.00M | 303.00M |
| Cash Income Tax Paid | 2.36B | 1.64B | 776.00M | 524.00M | 767.00M | 1.27B |
| Change in Working Capital | -470.00M | -23.00M | -382.00M | -404.00M | -322.00M | -273.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 60.91B | 73.58B | 27.08B | 31.82B | 30.15B | 33.81B |
| Enterprise Value | 69.36B | 82.16B | 36.06B | 41.24B | 38.57B | 42.39B |
| Last Close Price | 37.01 | 42.84 | 14.93 | 17.02 | 15.78 | 16.83 |
| PE Ratio | 9.38 | 14.74 | 12.63 | 25.02 | 69.80 | 16.72 |
| PS Ratio | 2.95 | 4.34 | 2.10 | 2.79 | 2.74 | 2.82 |
| PB Ratio | 1.65 | 2.05 | 0.81 | 0.99 | 0.96 | 1.05 |
| P/TBV Ratio | 2.53 | 3.15 | 1.29 | 1.62 | 1.58 | 1.79 |
| P/FCF Ratio | 11.74 | 19.02 | 20.56 | 49.26 | 69.80 | 17.40 |
| P/OCF Ratio | 6.48 | 9.57 | 6.03 | 8.53 | 8.66 | 7.72 |
| EV/Sales Ratio | 3.36 | 4.85 | 2.79 | 3.62 | 3.50 | 3.54 |
| EV/EBITDA Ratio | 5.38 | 8.30 | 5.91 | 7.86 | 7.58 | 6.59 |
| EV/EBIT Ratio | 6.47 | 10.38 | 7.65 | 14.38 | 14.90 | 9.89 |
| EV/FCF Ratio | 13.37 | 21.24 | 27.38 | 63.84 | 89.28 | 21.82 |
| Debt / Equity Ratio | 0.13 | 0.14 | 0.16 | 0.16 | 0.17 | 0.17 |
| Debt / EBITDA Ratio | 0.36 | 0.53 | 0.86 | 0.99 | 1.03 | 0.85 |
| Debt / FCF Ratio | 0.90 | 1.35 | 3.99 | 8.09 | 12.15 | 2.82 |
| Net Debt / Equity Ratio | -0.03 | -0.04 | 0.04 | 0.03 | 0.03 | 0.01 |
| Net Debt / EBITDA Ratio | -0.10 | -0.15 | 0.19 | 0.20 | 0.16 | 0.03 |
| Net Debt / FCF Ratio | -0.24 | -0.39 | 0.90 | 1.66 | 1.88 | 0.10 |
| Asset Turnover | 0.41 | 0.34 | 0.28 | 0.25 | 0.24 | 0.26 |
| Inventory Turnover | 4.71 | 4.12 | 4.28 | 4.45 | 4.29 | 3.94 |
| Quick Ratio | 2.12 | 2.24 | 2.06 | 2.26 | 1.71 | 2.98 |
| Current Ratio | 3.01 | 2.92 | 2.89 | 3.16 | 2.71 | 3.95 |
| Return on Equity (ROE) | 27.01% | 20.69% | 9.46% | 6.17% | 3.20% | 10.27% |
| Return on Assets (ROA) | 13.44% | 9.97% | 6.30% | 3.91% | 3.48% | 5.73% |
| Return on Invested Capital (ROIC) | 23.74% | 18.68% | 9.35% | 6.11% | 4.85% | 9.45% |
| Return on Capital Employed (ROCE) | 21.80% | 16.50% | 10.50% | 6.60% | 6.00% | 9.60% |
| Earnings Yield | 10.66% | 6.78% | 7.92% | 4.00% | 1.43% | 5.98% |
| FCF Yield | 8.52% | 5.26% | 4.86% | 2.03% | 1.43% | 5.75% |
| Dividend Yield | 2.55% | 1.14% | 2.55% | 2.21% | 2.33% | 1.95% |
| Payout Ratio | 23.95% | 17.82% | 32.46% | 55.03% | 264.58% | 31.36% |
| Buyback Yield / Dilution | 3.00% | 2.51% | 0.23% | 0.90% | 0.45% | -0.06% |
| Total Shareholder Return | 5.55% | 3.65% | 2.78% | 3.11% | 2.78% | 1.89% |