Barrick Mining Corporation (B) Key Metrics

NYSE: BValuation, returns, debt and efficiency ratios over 10 years.

B valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$67.19B
Enterprise value
$68.78B
P/E (TTM)
10.5
10-yr median 16.7
Forward P/E
10.8
PEG ratio
2.04
Price / sales
3.3
10-yr median 2.8
Price / book
2.6
10-yr median 1.6
EV / EBITDA
4.7
10-yr median 6.3
Dividend yield
1.71%
$0.70 a year
Beta
1.14

B key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

B valuation Price multiples at each fiscal year-end price.

P/E ratio+17.6%
14.9
2025 · hover or tap a bar for each year
2016: 28.42017: 11.7 (−58.7%)2019: 8.22020: 17.4 (+111.7%)2021: 16.7 (−4.1%)2022: 70.4 (+321.3%)2023: 25.0 (−64.6%)2024: 12.7 (−49.3%)2025: 14.9 (+17.6%)
20162025
Price / sales+108.7%
4.4
2025 · hover or tap a bar for each year
2016: 2.2 (+128.4%)2017: 2.0 (−7.4%)2018: 2.2 (+8.3%)2019: 3.4 (+54.2%)2020: 3.2 (−4.4%)2021: 2.8 (−12.3%)2022: 2.8 (−2.0%)2023: 2.8 (+0.8%)2024: 2.1 (−24.6%)2025: 4.4 (+108.7%)
20162025
Price / book+151.0%
2.8
2025 · hover or tap a bar for each year
2016: 2.3 (+95.9%)2017: 1.8 (−22.6%)2018: 2.1 (+14.5%)2019: 1.5 (−26.7%)2020: 1.7 (+13.8%)2021: 1.4 (−18.4%)2022: 1.3 (−5.7%)2023: 1.4 (+1.8%)2024: 1.1 (−17.9%)2025: 2.8 (+151.0%)
20162025
EV / EBITDA+72.4%
7.4
2025 · hover or tap a bar for each year
2016: 5.8 (+4.5%)2017: 5.2 (−10.6%)2018: 6.6 (+26.8%)2019: 7.7 (+16.2%)2020: 6.0 (−21.3%)2021: 5.3 (−12.5%)2022: 6.8 (+28.8%)2023: 6.7 (−1.9%)2024: 4.3 (−36.1%)2025: 7.4 (+72.4%)
20162025
Price / free cash flow−14.0%
17.7
2025 · hover or tap a bar for each year
2016: 12.3 (+54.6%)2017: 25.2 (+105.1%)2018: 43.3 (+71.7%)2019: 28.9 (−33.3%)2020: 12.0 (−58.3%)2021: 17.4 (+44.4%)2022: 70.4 (+304.9%)2023: 49.2 (−30.1%)2024: 20.6 (−58.1%)2025: 17.7 (−14.0%)
20162025
Free cash flow yield+0.8 pts
5.6%
2025 · hover or tap a bar for each year
2016: 8.1% (−4.4 pts)2017: 4.0% (−4.2 pts)2018: 2.3% (−1.7 pts)2019: 3.5% (+1.2 pts)2020: 8.3% (+4.8 pts)2021: 5.7% (−2.6 pts)2022: 1.4% (−4.3 pts)2023: 2.0% (+0.6 pts)2024: 4.9% (+2.8 pts)2025: 5.6% (+0.8 pts)
20162025

B valuation history

Fiscal year-endToday10-year median

B returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

B debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

B cash returned to shareholders

DividendsBuybacksFree cash flow

B price vs earnings per share

Share price at year-endEPS (right axis)

B key metrics

2016–2025
Barrick Mining Corporation key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$74.34B$27.14B$31.75B$30.43B$33.80B$40.50B$32.68B$15.80B$16.87B$18.62B
Enterprise value$72.39B$28.32B$32.82B$31.24B$33.99B$40.68B$34.90B$19.97B$21.06B$24.16B
P/E ratio14.912.725.070.416.717.48.2—11.728.4
Price / sales4.42.12.82.82.83.23.42.22.02.2
Price / book2.81.11.41.31.41.71.52.11.82.3
Price / free cash flow17.720.649.270.417.412.028.943.325.212.3
Price / operating cash flow9.26.08.58.77.77.511.59.08.27.1
EV / sales4.32.22.92.82.83.23.62.82.52.8
EV / EBITDA7.44.36.76.85.36.07.76.65.25.8
EV / free cash flow17.321.550.972.317.512.130.854.731.516.0
Earnings yield6.7%7.9%4.0%1.4%6.0%5.7%12.1%−9.8%8.5%3.5%
Free cash flow yield5.6%4.9%2.0%1.4%5.7%8.3%3.5%2.3%4.0%8.1%
Dividend yield1.2%2.6%2.2%3.8%1.9%1.4%1.7%0.8%0.7%0.5%
Shareholder yield (dividends + buybacks)3.3%4.4%2.2%5.2%4.1%1.4%1.9%1.7%1.0%0.6%
Share price at fiscal year-end$43.55$15.50$18.09$17.18$19.00$22.78$18.59$13.54$14.47$15.98
Per share
Revenue per share$9.93$7.38$6.49$6.22$6.74$7.08$5.53$6.21$7.18$7.35
Earnings per share$2.93$1.22$0.72$0.24$1.14$1.31$2.26−$1.32$1.23$0.56
Operating cash flow per share$4.73$2.56$2.13$1.97$2.46$3.05$1.61$1.51$1.77$2.27
Free cash flow per share$2.46$0.75$0.37$0.24$1.09$1.89$0.64$0.31$0.57$1.30
Cash per share$3.92$2.33$2.36$2.51$2.97$2.92$1.89$1.35$1.92$2.05
Book value per share$15.53$13.87$13.30$12.86$13.41$13.13$12.19$6.51$7.96$6.81
Tangible book value per share$13.72$12.07$11.22$10.80$10.69$10.40$9.43$5.42$6.75$5.54
Dividends per share$0.53$0.40$0.40$0.65$0.35$0.31$0.32$0.11$0.11$0.07
Capex per share$2.28$1.81$1.76$1.72$1.37$1.16$0.97$1.20$1.20$0.97
Debt per share$2.78$3.00$2.98$2.96$3.08$3.02$3.15$4.92$5.51$6.81
Shares outstanding1.71B1.75B1.75B1.77B1.78B1.78B1.76B1.17B1.17B1.17B
Change in shares outstanding−2.5%−0.2%−0.9%−0.4%+0.1%+1.1%+50.6%+0.1%+0.1%0.0%
Returns & profitability
Return on equity (ROE)19.7%9.0%5.5%1.9%8.6%10.4%27.3%−18.3%16.7%8.7%
Return on invested capital (ROIC)26.3%12.0%8.6%7.5%13.2%14.5%9.6%10.3%10.2%9.6%
Return on assets (ROA)10.1%4.6%2.8%0.9%4.3%5.1%11.8%−6.4%5.7%2.5%
Return on tangible assets10.3%4.8%3.0%1.0%4.8%5.6%10.0%−7.2%6.0%2.8%
Free cash flow margin24.7%10.2%5.7%3.9%16.2%26.7%11.6%5.0%8.0%17.7%
Income quality (OCF / net income)1.622.092.938.062.172.330.71—1.444.03
Financial health
Total debt$4.74B$5.26B$5.22B$5.25B$5.47B$5.36B$5.54B$5.74B$6.42B$7.93B
Cash & short-term investments$6.69B$4.07B$4.15B$4.44B$5.28B$5.19B$3.31B$1.57B$2.23B$2.39B
Net debt−$1.95B$1.18B$1.07B$810.0M$193.0M$176.0M$2.22B$4.17B$4.19B$5.54B
Debt / equity0.180.220.220.230.230.230.260.760.691.00
Debt / assets0.090.110.110.110.120.120.120.250.250.31
Net debt / EBITDA−0.200.180.220.180.030.030.491.381.041.34
Current ratio2.922.893.162.713.953.672.902.382.682.68
Quick ratio2.332.152.402.143.122.821.941.271.601.62
Interest coverage22.610.58.58.712.813.15.33.74.54.4
Working capital$6.71B$4.99B$5.08B$5.34B$6.16B$5.92B$4.51B$2.31B$2.94B$3.06B
Invested capital$24.56B$25.47B$24.42B$23.58B$24.05B$23.52B$23.65B$11.76B$13.47B$13.48B
Tangible asset value$32.76B$30.09B$28.35B$27.64B$27.47B$26.86B$24.97B$8.12B$9.65B$8.83B
Net current asset value−$5.43B−$6.74B−$6.37B−$6.21B−$6.33B−$6.65B−$7.68B−$9.27B−$9.56B−$10.08B
Graham number$31.97$19.55$14.73$8.40$18.52$19.65$24.89—$14.87$9.28
Graham net-net per share−$4.14−$4.72−$4.50−$4.89−$4.35−$4.76−$5.47−$8.93−$9.23−$9.64
Capital allocation
Dividends paid$905.6M$696.0M$700.0M$1.14B$628.4M$547.0M$560.7M$125.0M$125.0M$86.0M
Share buybacks (net)$1.53B$498.0M$0$424.0M$750.0M$15.6M$50.3M$138.3M$40.8M$20.5M
Dividend payout ratio18.1%32.5%55.0%264.6%31.1%23.5%14.1%—8.7%13.1%
Dividends + buybacks / free cash flow58.0%90.7%108.5%362.7%70.9%16.7%54.0%72.1%24.8%7.0%
Capex / revenue22.9%24.6%27.1%27.7%20.3%16.3%17.5%19.3%16.7%13.2%
Capex / operating cash flow48.1%70.7%82.7%87.6%55.6%37.9%60.0%79.3%67.6%42.7%
Capex / depreciation2.041.661.511.531.160.930.840.960.850.72
Stock-based compensation / revenue1.6%0.5%0.6%0.5%0.7%0.7%0.7%0.5%1.0%1.0%
R&D / revenue—0.0%0.1%0.1%0.1%0.0%0.0%0.0%0.2%0.2%
SG&A / revenue3.5%3.9%1.1%1.4%1.3%1.5%2.2%3.9%3.0%3.0%
Efficiency
Days sales outstanding27.336.533.330.618.413.520.621.119.520.1
Days of inventory on hand88.585.482.085.092.7102.5110.2135.3132.1124.2
Days payables outstanding28.730.632.631.037.740.438.854.452.250.6
Cash conversion cycle (days)87.091.382.684.773.475.592.0102.099.493.7
Receivables turnover13.3810.0010.9711.9319.8827.0917.7517.3318.7318.17
Payables turnover12.7211.9411.1811.799.699.029.406.717.007.22
Inventory turnover4.134.284.454.293.943.563.312.702.762.94
Asset turnover0.340.280.250.240.260.280.290.300.330.33
Average receivables$1.27B$1.29B$1.04B$923.2M$602.9M$465.0M$547.5M$418.0M$447.0M$471.0M
Average payables$649.9M$666.5M$709.5M$640.0M$734.0M$822.0M$729.5M$752.0M$754.5M$742.5M
Average inventory$2.00B$1.86B$1.78B$1.76B$1.81B$2.08B$2.07B$1.87B$1.91B$1.82B
Intangibles / total assets6.0%6.6%8.0%7.9%10.3%10.4%10.9%5.6%5.6%5.9%

Computed from B's annual financial statements (latest annual report filed December 31, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

B valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Barrick Mining traded at 14.9 times earnings, against a 10-year median of 16.7. Based on the latest twelve months, the trailing P/E is 10.5 and the forward P/E is 10.8. Barrick Mining earned a return on equity of 19.7% and a return on invested capital of 26.3% in fiscal 2025. It ended the year with $4.7 billion of debt and $6.7 billion in cash and short-term investments, a net cash position of $2.0 billion. It returned $2.4 billion to shareholders: $905.6 million in dividends and $1.5 billion in share buybacks, 58% of free cash flow. The share count rose 46.5% from 1.17B to 1.71B over 9 years.

See the B income statement, the B chart for price history, or the B stock overview for the latest quote and news.

B key metrics FAQ

What is Barrick Mining's P/E ratio?

Barrick Mining's trailing P/E ratio is 10.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 10.8. At the end of fiscal 2025 it was 14.9, compared with a 10-year median of 16.7.

What is Barrick Mining's EV/EBITDA?

Barrick Mining's enterprise value was 7.4 times EBITDA at the end of fiscal 2025 (enterprise value $72.4 billion, EBITDA $9.8 billion); the current EV/EBITDA is 4.7.

What is Barrick Mining's return on equity?

Barrick Mining's return on equity (ROE) was 19.7% in fiscal 2025: net income of $5.0 billion on average shareholders' equity of $25.4 billion.

What is Barrick Mining's ROIC?

Barrick Mining's return on invested capital was 26.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Barrick Mining have?

Barrick Mining had total debt of $4.7 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.18 and more cash than debt.

What is Barrick Mining's dividend yield?

Barrick Mining's forward dividend yield is 1.71%. Barrick Mining paid $905.6 million in dividends in fiscal 2025 ($0.53 per share), a payout ratio of 18.1%.

Does Barrick Mining buy back its shares?

Yes. Barrick Mining spent $1.5 billion on net share repurchases in fiscal 2025 Shares outstanding changed −2.5% over the year, to 1.71B..

What is Barrick Mining's free cash flow yield?

Barrick Mining generated $4.2 billion of free cash flow in fiscal 2025, a free cash flow yield of 5.6% on its market value at year-end ($74.3 billion).

What is Barrick Mining's current ratio?

Barrick Mining's current ratio was 2.92 at the end of fiscal 2025: current assets were 2.92 times current liabilities.

Gold key metrics