NYSE : CGAU
Centerra Gold Inc. — Financial statements
Materials · Gold · Canada
Last price 20.43 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 3.99B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Centerra Gold Inc. (CGAU) reported revenue of 1.83B 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 | 1.83B | 1.38B | 1.21B | 1.09B | 850.19M | 900.14M |
| Cost of Revenue | 1.03B | 827.60M | 732.52M | 734.39M | 607.63M | 516.40M |
| Gross Profit | 799.34M | 556.97M | 481.98M | 360.51M | 242.57M | 383.74M |
| Selling, General & Admin | 38.92M | 32.37M | 32.69M | 35.64M | 47.25M | 27.13M |
| Other Operating Expenses | 32.54M | 16.32M | -12.55M | 72.92M | -71.74M | 37.73M |
| Operating Expenses | 31.77M | -38.90M | 410.05M | 351.63M | 188.02M | 177.23M |
| Operating Income | 767.57M | 595.87M | 71.94M | 8.88M | 54.54M | 206.51M |
| Interest Expense | -9.17M | -1.45M | -1.09M | -657.00K | -679.00K | -715.00K |
| Interest & Investment Income | 15.49M | 20.80M | 30.05M | 19.53M | 9.42M | 2.78M |
| Currency Exchange Gain (Loss) | 16.34M | -853.00K | 21.81M | -1.82M | 4.93M | -900.00K |
| Other Non Operating Income (Expenses) | -4.81M | -5.61M | -5.53M | -9.71M | -4.96M | -1.14M |
| EBT Excluding Unusual Items | 785.44M | 608.75M | 117.18M | 16.23M | 63.26M | 206.53M |
| Gain (Loss) on Sale of Investments | -30.36M | 59.38M | 61.98M | -1.08M | -1.38M | 97.27M |
| Gain (Loss) on Sale of Assets | 188.00K | 200.00K | 603.00K | -1.51M | 1.43M | 900.00K |
| Asset Writedown | -130.85M | 62.67M | -5.71M | -96.95M | 125.77M | |
| Legal Settlements | -3.92M | -15.04M | -27.55M | |||
| Other Unusual Items | 4.25M | |||||
| Pretax Income | 620.49M | 731.01M | 174.06M | 13.63M | -44.43M | 402.93M |
| Income Tax Expense | 187.48M | 147.02M | 93.66M | 94.91M | 32.78M | -44.02M |
| Earnings From Continuing Operations | 433.01M | 583.99M | 80.39M | -81.28M | -77.21M | 446.95M |
| Earnings From Discontinued Operations | -828.72M | |||||
| Net Income | 433.01M | 583.99M | 80.39M | -81.28M | -77.21M | -381.77M |
| Net Income to Common | 433.01M | 583.99M | 80.39M | -81.28M | -77.21M | -381.77M |
| Shares Outstanding (Basic) | 198.12M | 204.66M | 213.49M | 217.25M | 265.09M | 296.63M |
| Shares Outstanding (Diluted) | 198.52M | 205.59M | 216.28M | 218.41M | 266.30M | 298.29M |
| EPS (Basic) | 2.19 | 2.85 | 0.38 | -0.37 | -0.29 | -1.29 |
| EPS (Diluted) | 2.19 | 2.84 | 0.35 | -0.38 | -0.31 | -1.30 |
| Free Cash Flow | 55.08M | 95.02M | 138.61M | 128.79M | -259.65M | 322.26M |
| Free Cash Flow Per Share | 0.28 | 0.46 | 0.64 | 0.59 | -0.97 | 1.08 |
| Dividend Per Share | 0.20 | 0.20 | 0.19 | 0.21 | 0.21 | 0.19 |
| Gross Margin | 43.70% | 40.23% | 39.69% | 32.93% | 28.53% | 42.63% |
| Operating Margin | 41.96% | 43.04% | 5.92% | 0.81% | 6.42% | 22.94% |
| Profit Margin | 23.67% | 42.18% | 6.62% | -7.42% | -9.08% | -42.41% |
| Free Cash Flow Margin | 3.01% | 6.86% | 11.41% | 11.76% | -30.54% | 35.80% |
| EBITDA | 899.95M | 712.99M | 393.10M | 174.85M | 206.16M | 300.29M |
| EBITDA Margin | 49.20% | 51.50% | 32.37% | 15.97% | 24.25% | 33.36% |
| D&A For EBITDA | 132.37M | 117.12M | 321.16M | 165.98M | 151.61M | 93.77M |
| EBIT | 767.57M | 595.87M | 71.94M | 8.88M | 54.54M | 206.51M |
| EBIT Margin | 41.96% | 43.04% | 5.92% | 0.81% | 6.42% | 22.94% |
| Effective Tax Rate | 30.21% | 20.11% | 53.81% | 696.14% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 397.89M | 528.93M | 624.67M | 612.94M | 531.92M | 947.23M |
| Short-Term Investments | 229.00K | 11.97M | 3.13M | 2.83M | 830.00K | 2.17M |
| Cash & Short-Term Investments | 398.12M | 540.90M | 627.80M | 615.77M | 532.75M | 949.40M |
| Accounts Receivable | 143.00M | 127.98M | 70.70M | 64.90M | 82.33M | 61.28M |
| Other Receivables | 100.08M | 47.05M | 46.98M | 5.87M | 34.83M | 15.56M |
| Receivables | 243.08M | 175.03M | 117.68M | 70.76M | 117.16M | 76.84M |
| Inventory | 436.69M | 335.64M | 236.90M | 260.93M | 318.49M | 225.06M |
| Prepaid Expenses | 9.07M | 15.38M | 9.50M | 6.56M | 7.21M | 6.87M |
| Other Current Assets | 8.73M | 3.12M | 1.18M | 12.00M | 15.05M | 12.93M |
| Total Current Assets | 1.10B | 1.07B | 993.06M | 966.03M | 990.66M | 1.27B |
| Property, Plant & Equipment | 1.86B | 1.60B | 1.10B | 1.24B | 1.27B | 1.27B |
| Long-Term Investments | 176.80M | 105.87M | 9.79M | |||
| Long-Term Deferred Tax Assets | 730.00K | 24.90M | 60.13M | 57.90M | 61.90M | 101.30M |
| Other Long-Term Assets | 81.40M | 157.40M | 100.62M | 19.33M | 10.56M | 32.08M |
| Total Assets | 3.21B | 2.96B | 2.27B | 2.28B | 2.34B | 2.68B |
| Accounts Payable | 444.00M | 247.87M | 149.47M | 131.71M | 164.97M | 131.23M |
| Accrued Expenses | 121.78M | 83.54M | 64.78M | 34.46M | 42.71M | |
| Current Portion of Leases | 9.05M | 7.92M | 6.39M | 6.11M | 5.25M | 6.14M |
| Current Income Taxes Payable | 42.93M | 28.88M | 18.73M | 40.95M | 1.89M | 25.25M |
| Current Unearned Revenue | 9.54M | 12.28M | ||||
| Other Current Liabilities | 34.28M | 40.45M | 25.75M | 44.34M | 56.00M | 22.02M |
| Total Current Liabilities | 530.27M | 446.90M | 283.88M | 297.44M | 274.85M | 227.35M |
| Long-Term Leases | 33.98M | 10.87M | 13.71M | 18.10M | 8.73M | 14.05M |
| Long-Term Unearned Revenue | 24.88M | 24.36M | 20.19M | |||
| Pension & Post-Retirement Benefits | 2.81M | 2.31M | 1.63M | 1.24M | 862.00K | 4.38M |
| Long-Term Deferred Tax Liabilities | 37.40M | 37.90M | 18.40M | 16.81M | 8.72M | 54.86M |
| Other Long-Term Liabilities | 363.57M | 376.55M | 271.40M | 272.93M | 232.46M | 332.30M |
| Total Liabilities | 992.90M | 898.89M | 609.22M | 606.52M | 525.62M | 632.95M |
| Common Stock | 612.51M | 727.04M | 826.69M | 861.54M | 886.48M | 984.10M |
| Additional Paid-In Capital | 31.30M | 30.95M | 32.15M | 33.87M | 29.56M | 30.81M |
| Retained Earnings | 1.56B | 1.35B | 808.27M | 771.39M | 897.57M | 1.02B |
| Comprehensive Income & Other | 12.29M | -49.36M | -11.20M | 7.45M | -3.32M | 6.83M |
| Shareholders' Equity | 2.22B | 2.06B | 1.66B | 1.67B | 1.81B | 2.04B |
| Total Liabilities & Equity | 3.21B | 2.96B | 2.27B | 2.28B | 2.34B | 2.68B |
| Total Debt | 43.04M | 18.79M | 20.11M | 24.21M | 13.97M | 20.20M |
| Net Cash (Debt) | 355.08M | 522.11M | 607.70M | 591.57M | 518.77M | 929.20M |
| Net Cash Per Share | 1.79 | 2.54 | 2.81 | 2.71 | 1.95 | 3.12 |
| Filing Date Shares Outstanding | 193.50M | 200.09M | 210.21M | 215.56M | 218.49M | 297.23M |
| Total Common Shares Outstanding | 193.67M | 199.81M | 210.03M | 215.50M | 218.43M | 297.06M |
| Working Capital | 565.41M | 623.17M | 709.18M | 668.59M | 715.81M | 1.04B |
| Book Value Per Share | 11.45 | 10.31 | 7.88 | 7.77 | 8.29 | 6.88 |
| Tangible Book Value | 2.22B | 2.06B | 1.66B | 1.67B | 1.81B | 2.04B |
| Tangible Book Value Per Share | 11.45 | 10.31 | 7.88 | 7.77 | 8.29 | 6.88 |
| Buildings | 816.00M | 1.39B | 1.29B | 1.19B | 1.14B | 1.06B |
| Construction In Progress | 485.65M | 257.38M | 108.31M | 53.75M | 30.93M | 57.81M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 433.01M | 583.99M | 80.39M | -81.28M | -77.21M | -381.77M |
| Depreciation & Amortization | -136.34M | -151.59M | 328.81M | 172.76M | 158.00M | 93.77M |
| Asset Writedown & Restructuring Costs | 130.85M | -62.67M | 5.71M | 96.95M | -125.77M | |
| Loss (Gain) From Sale of Investments | 36.03M | -53.54M | -86.59M | -97.27M | ||
| Stock-Based Compensation | 27.07M | 21.66M | 5.20M | 10.00M | 770.00K | 1.36M |
| Other Operating Activities | 38.48M | 51.09M | -62.14M | 100.88M | -116.46M | 793.36M |
| Change in Accounts Receivable | -61.33M | -74.28M | 739.00K | 6.77M | -13.65M | -6.52M |
| Change in Inventory | -137.96M | -90.49M | 7.33M | 40.23M | -76.40M | -21.40M |
| Change in Accounts Payable | 89.79M | 117.20M | 26.95M | -8.58M | 30.95M | 15.06M |
| Change in Income Taxes | -2.35M | -4.80M | ||||
| Change in Other Net Operating Assets | 12.87M | 7.27M | -8.02M | 7.17M | -134.00K | 90.00K |
| Operating Cash Flow | 432.47M | 348.63M | 298.40M | 245.60M | -1.98M | 414.76M |
| Capital Expenditures | -377.39M | -253.61M | -159.79M | -116.81M | -257.67M | -92.50M |
| Sale of Property, Plant & Equipment | 207.00K | 287.00K | 959.00K | 1.52M | 2.02M | 11.87M |
| Investment in Securities | 34.05M | -7.49M | -7.35M | 25.00M | 210.29M | |
| Other Investing Activities | -43.10M | -43.10M | -27.02M | -93.23M | ||
| Investing Cash Flow | -386.24M | -303.92M | -193.20M | -90.29M | -255.64M | 36.43M |
| Long-Term Debt Repaid | -9.03M | -7.67M | -6.80M | -6.75M | -6.48M | |
| Lease Payments | -14.22M | -9.03M | -7.67M | -6.80M | -6.75M | -6.48M |
| Net Debt Issued (Repaid) | -14.22M | -9.03M | -7.67M | -6.80M | -6.75M | -6.48M |
| Issuance of Common Stock | 5.15M | 5.41M | 3.89M | 2.06M | 3.48M | 5.04M |
| Repurchase of Common Stock | -154.89M | -93.69M | -44.05M | -20.42M | -104.50M | |
| Common Dividends Paid | -39.90M | -41.12M | -43.51M | -44.91M | -47.67M | -45.04M |
| Other Financing Activities | -6.27M | -2.03M | -2.12M | -4.21M | -2.25M | -2.65M |
| Financing Cash Flow | -210.13M | -140.46M | -93.47M | -74.28M | -157.69M | -49.14M |
| Net Cash Flow | -163.90M | -95.74M | 11.73M | 81.03M | -415.31M | 402.05M |
| Free Cash Flow | 55.08M | 95.02M | 138.61M | 128.79M | -259.65M | 322.26M |
| Free Cash Flow Margin | 3.01% | 6.86% | 11.41% | 11.76% | -30.54% | 35.80% |
| Free Cash Flow Per Share | 0.28 | 0.46 | 0.64 | 0.59 | -0.97 | 1.08 |
| Levered Free Cash Flow | -27.45M | -8.26M | 189.69M | 200.48M | -152.92M | 602.23M |
| Unlevered Free Cash Flow | -21.72M | -7.35M | 190.37M | 200.89M | -152.49M | 602.68M |
| Free Cash Flow After Leases | 40.85M | 85.99M | 130.94M | 121.99M | -266.40M | 315.79M |
| Cash Interest Paid | 6.27M | 2.03M | 2.12M | 4.21M | 2.25M | 2.65M |
| Cash Income Tax Paid | 136.21M | 88.91M | 109.11M | 44.20M | 55.63M | 17.18M |
| Change in Working Capital | -96.63M | -40.29M | 27.01M | 43.24M | -64.03M | -12.77M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.91B | 2.91B | 1.20B | 1.29B | 1.14B | 2.29B |
| Enterprise Value | 3.55B | 2.35B | 643.83M | 790.27M | 557.11M | 1.39B |
| Last Close Price | 20.20 | 14.25 | 5.49 | 5.57 | 4.67 | 6.69 |
| PE Ratio | 9.10 | 4.98 | 14.94 | |||
| PS Ratio | 2.14 | 2.10 | 0.99 | 1.18 | 1.34 | 2.54 |
| PB Ratio | 1.77 | 1.41 | 0.73 | 0.77 | 0.63 | 1.12 |
| P/TBV Ratio | 1.77 | 1.41 | 0.73 | 0.77 | 0.63 | 1.12 |
| P/FCF Ratio | 71.08 | 30.60 | 8.67 | 10.03 | 7.10 | |
| P/OCF Ratio | 9.05 | 8.34 | 4.03 | 5.26 | 5.52 | |
| EV/Sales Ratio | 1.94 | 1.70 | 0.53 | 0.72 | 0.66 | 1.54 |
| EV/EBITDA Ratio | 3.95 | 3.29 | 1.64 | 4.52 | 2.70 | 4.63 |
| EV/EBIT Ratio | 4.63 | 3.94 | 8.95 | 89.02 | 10.21 | 6.74 |
| EV/FCF Ratio | 64.52 | 24.71 | 4.64 | 6.14 | 4.32 | |
| Debt / Equity Ratio | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Debt / EBITDA Ratio | 0.05 | 0.03 | 0.05 | 0.13 | 0.07 | 0.07 |
| Debt / FCF Ratio | 0.78 | 0.20 | 0.14 | 0.19 | 0.06 | |
| Net Debt / Equity Ratio | -0.16 | -0.25 | -0.37 | -0.35 | -0.29 | -0.46 |
| Net Debt / EBITDA Ratio | -0.40 | -0.73 | -1.55 | -3.38 | -2.52 | -3.09 |
| Net Debt / FCF Ratio | -6.45 | -5.50 | -4.38 | -4.59 | 2.00 | -2.88 |
| Asset Turnover | 0.62 | 0.53 | 0.53 | 0.47 | 0.34 | 0.31 |
| Inventory Turnover | 2.80 | 2.89 | 2.94 | 2.54 | 2.24 | 1.27 |
| Quick Ratio | 1.21 | 1.60 | 2.63 | 2.31 | 2.37 | 4.51 |
| Current Ratio | 2.07 | 2.39 | 3.50 | 3.25 | 3.60 | 5.59 |
| Return on Equity (ROE) | 20.83% | 31.43% | 4.83% | -4.67% | -4.01% | 19.82% |
| Return on Assets (ROA) | 16.26% | 14.26% | 1.98% | 0.24% | 1.36% | 4.44% |
| Return on Invested Capital (ROIC) | 29.57% | 36.82% | 3.12% | -4.46% | 4.53% | 13.54% |
| Return on Capital Employed (ROCE) | 28.60% | 23.70% | 3.60% | 0.40% | 2.60% | 8.40% |
| Earnings Yield | 10.99% | 20.08% | 6.69% | -6.29% | -6.77% | -16.69% |
| FCF Yield | 1.41% | 3.27% | 11.54% | 9.97% | -22.75% | 14.09% |
| Dividend Yield | 1.00% | 1.40% | 3.40% | 3.54% | 3.96% | 2.46% |
| Payout Ratio | 9.14% | 7.04% | 54.12% | |||
| Buyback Yield / Dilution | 5.34% | 4.94% | 0.98% | 17.98% | 10.72% | -1.21% |
| Total Shareholder Return | 6.35% | 6.35% | 4.38% | 21.52% | 14.68% | 1.25% |