Barrick Mining (B) financial statements
Barrick Mining reported revenue of $17.0B in fiscal 2025, up 7.9% a year over 9 years.
Net income was $5.0B.
Free cash flow was $3.9B, and the company returned $890M in dividends and $1.5B in net buybacks.
The diluted share count rose 47% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Barrick Mining's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.6B | $8.4B | $7.2B | $9.7B | $12.6B | $12.0B | $11.0B | $11.4B | $12.9B | $17.0B |
| Cost of revenue | $5.4B | $5.3B | $5.2B | $6.9B | $7.4B | $7.1B | $7.5B | $7.9B | $8.0B | $8.3B |
| Gross profit | $3.2B | $3.1B | $2.0B | $2.8B | $5.2B | $4.9B | $3.5B | $3.5B | $5.0B | $8.7B |
| Selling, general and admin | $256M | $248M | $265M | $212M | $118M | $118M | $125M | $101M | $95M | $103M |
| Interest expense | $591M | $511M | $452M | $435M | $342M | $357M | $366M | $387M | $452M | $409M |
| Pre-tax income | $1.8B | $2.7B | -$237M | $6.4B | $4.9B | $4.6B | $1.7B | $2.8B | $4.6B | $8.8B |
| Income tax | $917M | $1.2B | $1.2B | $1.8B | $1.3B | $1.3B | $664M | $861M | $1.5B | $1.7B |
| Net income | $655M | $1.4B | -$1.5B | $4.0B | $2.3B | $2.0B | $432M | $1.3B | $2.1B | $5.0B |
| EPS (diluted) | $0.56 | $1.23 | -$1.32 | $2.26 | $1.31 | $1.14 | $0.24 | $0.72 | $1.22 | $2.93 |
| Diluted shares | 1.17B | 1.17B | 1.17B | 1.76B | 1.78B | 1.78B | 1.77B | 1.75B | 1.75B | 1.71B |
| Gross margin | 36.8% | 36.7% | 27.9% | 28.9% | 41.1% | 40.9% | 31.9% | 30.4% | 38.4% | 51.3% |
| Net margin | 7.7% | 17.2% | -21.3% | 40.8% | 18.5% | 16.9% | 3.9% | 11.2% | 16.6% | 29.4% |
Balance sheet
Fiscal years, from Barrick Mining's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $2.4B | $2.2B | $1.6B | $3.3B | $5.2B | $5.3B | $4.4B | $4.1B | $4.1B | $6.7B |
| Receivables | $249M | $239M | $248M | $363M | $558M | $623M | $554M | $693M | $763M | $791M |
| Inventory | $1.9B | $1.9B | $1.9B | $2.3B | $1.9B | $1.7B | $1.8B | $1.8B | $1.9B | $2.1B |
| Total current assets | $4.9B | $4.7B | $4.0B | $6.9B | $8.1B | $8.2B | $8.5B | $7.4B | $7.6B | $10.2B |
| Property, plant and equipment | $14.1B | $13.8B | $12.8B | $24.1B | $24.6B | $25.0B | $25.8B | $26.4B | $28.6B | $29.4B |
| Goodwill | $1.4B | $1.3B | $1.2B | $4.8B | $4.8B | $4.8B | $3.6B | $3.6B | $3.1B | $3.0B |
| Total assets | $25.3B | $25.3B | $22.6B | $44.4B | $46.5B | $46.9B | $46.0B | $45.8B | $47.6B | $51.6B |
| Total current liabilities | $1.8B | $1.7B | $1.7B | $2.4B | $2.2B | $2.1B | $3.1B | $2.4B | $2.6B | $3.5B |
| Long-term debt | $7.8B | $6.4B | $5.7B | $5.2B | $5.1B | $5.1B | $4.8B | $4.7B | $4.7B | $4.6B |
| Total liabilities | $15.0B | $14.2B | $13.2B | $14.6B | $14.8B | $14.6B | $14.7B | $13.8B | $14.4B | $15.7B |
| Shareholders' equity | $7.9B | $9.3B | $7.6B | $21.4B | $23.3B | $23.9B | $22.8B | $23.3B | $24.3B | $26.6B |
| Net debt | $5.3B | $4.1B | $4.2B | $2.2B | -$33M | -$130M | $342M | $578M | $655M | -$2.0B |
Cash flow
Fiscal years, from Barrick Mining's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.6B | $2.1B | $1.8B | $2.8B | $5.4B | $4.4B | $3.5B | $3.7B | $4.5B | $7.7B |
| Capital spending | $1.1B | $1.4B | $1.4B | $1.7B | $2.1B | $2.4B | $3.0B | $3.1B | $3.2B | $3.8B |
| Free cash flow | $1.5B | $669M | $365M | $1.1B | $3.4B | $1.9B | $432M | $646M | $1.3B | $3.9B |
| Stock-based compensation | $82M | $80M | $33M | $71M | $87M | $81M | $55M | $66M | $65M | $270M |
| Dividends paid | $86M | $125M | $125M | $548M | $547M | $634M | $1.1B | $700M | $696M | $890M |
| Share buybacks (net) | — | — | — | — | — | $0 | -$424M | $0 | -$498M | -$1.5B |
| Net borrowing | -$2.1B | -$1.5B | -$687M | -$281M | -$353M | -$7M | -$375M | -$43M | $0 | -$14M |
| Free cash flow margin | 17.7% | 8.0% | 5.0% | 11.6% | 26.7% | 16.2% | 3.9% | 5.7% | 10.2% | 22.8% |
| Dividends per share | $0.07 | $0.11 | $0.11 | $0.31 | $0.31 | $0.36 | $0.65 | $0.40 | $0.40 | $0.52 |
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Open B in InvestinglyQuestions
What was Barrick Mining's revenue in 2025?
$17.0B in fiscal 2025, from its 10-K filing.
How much free cash flow does Barrick Mining generate?
$3.9B in fiscal 2025 (operating cash flow minus capital spending).
From Barrick Mining's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.