Barrick Mining Corporation (B) financials

NYSE · Basic Materials · Gold · 27,000 employees · CEO Mark F. Hill

Price: $37.01 -4.29%
Market cap: $60.9B
Enterprise value: $59.6B
Last report: Q2 '26 filed 2026-06-30
Next report: 2026-11-09 EPS est. $0.78

Revenue (TTM)$20.7B+49.4% vs a year agoLast 4 quarters; bars = each quarter

Operating margin (TTM)52.4%+11.8 pp vs a year agoOperating income $10.8B

Net income (TTM)$6.53B+136.1% vs a year agoAfter tax, incl. non-operating gains

Free cash flow (TTM)$5.55B+223.8% vs a year agoCapex $4.19B

Diluted EPS (TTM)$3.91+145.9% vs a year agoSum of the last 4 quarters

Net cash$1.24B+1,603.4% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap: $60.9B
Revenue: $20.7B
Revenue growth: +27%
Profit margin: 31.6%
P/E: 9.5×
P/S: 2.9×
EV / EBITDA: 4.6×
Free cash flow: $5.55B
Net income: $6.53B
Revenue estimate: $21.5B
Earnings: 2026-11-09
Dividend: $0.95

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

Last report (2026-08-10): revenue beat by 1.9%, EPS beat by 1.2%Revenue $5.19B vs $5.1B expected (+1.9%); EPS $0.82 vs $0.81 (+1.2%).
Revenue growth accelerating: 43.8% year on yearQ2 '26 revenue $5.29B, against an average of 42.7% over the four quarters before.
Operating margin 52.4% (TTM), +11.8 pp on a year agoOperating income grew 92.8% while revenue grew 49.4%.
11.6% of pre-tax profit is non-operatingPre-tax income $12.2B vs operating income $10.8B (TTM). Gains on equity stakes and other one-off items lift net income and EPS - operating income is the cleaner measure of the business.
Capex 20.3% of revenue (a year ago 24.6%)$4.19B invested in the last 4 quarters (+23.3% on a year earlier). Free cash flow $5.55B = 85.1% of net income.
Returned $3.79B to shareholders = 68.3% of free cash flowBuybacks $2.27B (a year earlier $860M), dividends $1.52B, stock-based pay $136M (TTM).
Diluted share count down 2.9% in a year1.67B diluted shares in Q2 '26, 1.72B a year earlier.
Net cash $1.24BCash + short-term investments $5.92B, debt incl. leases $4.68B; a year ago net cash $73M.

Last quarter: Q2 '26

Quarter ended 2026-06-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

	Q2 '26	Year ago	Change
Revenue	$5.29B	$3.68B	+43.8%
Gross margin	54.7%	49.0%	+5.8 pp
Operating income	$2.65B	$1.68B	+57.6%
Operating margin	50.1%	45.7%	+4.4 pp
Net income	$1.22B	$811M	+50.1%
Diluted EPS	$0.73	$0.47	+55.3%
Operating cash flow	$1.83B	$1.33B	+37.5%
Capex	$1.16B	$934M	+24.0%
Free cash flow	$669M	$395M	+69.4%
R&D	$0	$0	–
Stock-based compensation	$0	$27M	-100.0%

Reported vs consensus

2026-08-10

	Actual	Consensus	vs consensus
Revenue	$5.19B	$5.1B	+1.9%
EPS (as estimated)	$0.82	$0.81	+1.2%

From the report of 2026-08-10 for Q2 '26: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.

EPS vs consensus

last 8 reports

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Revenue by business line

stacked, quarterly

Segment	Q3 '24	y/y	Share	TTM	TTM y/y
Aerospace Original Equipment Manufacturing Products	$138M	+40.6%	35.5%	$541M	+74.0%
Molding Solutions Products	$102M	+2.3%	26.2%	$416M	+2.8%
Force & Motion Control Products	$40.3M	-55.9%	10.4%	$258M	-22.6%
Aerospace Aftermarket Products and Services	$94.1M	+62.0%	24.3%	$343M	+77.8%
Automation Products	$13.8M	-1.4%	3.6%	$58.2M	-5.9%

Revenue by region

share of total

Segment	Q3 '24	y/y	Share	TTM	TTM y/y
Americas	$205M	+4.7%	53.0%	$889M	+23.5%
Europe	$113M	+7.8%	29.0%	$477M	+18.8%
Asia	$65.2M	+16.6%	16.8%	$240M	+12.7%
Other Geographic Market	$4.49M	+2.7%	1.2%	$12.3M	-19.6%

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement

Operating cash flow: $9.74B
Capex: -$4.19B
Buybacks: -$2.27B
Dividends: -$1.52B
Acquisitions: $1.55B
Net debt issued: -$82M
Stock-based compensation: $136M
Free cash flow: $5.55B
Returned to shareholders / FCF: 68.3%

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years

	Now	5y average	Where today sits in the 5-year range
P/E (TTM)	9.5×	28.8×	12.7× – 74.7×
EV / EBITDA	4.6×	6.1×	4.3× – 7.4×
EV / Sales	2.9×	3.0×	2.2× – 4.3×
Price / FCF	11.0×	35.1×	17.4× – 70.4×
Price / Book	2.3×	1.6×	1.1× – 2.8×
FCF yield	9.1%	3.9%	1.4% – 5.7%
Return on invested capital	17.3%	7.3%	4.2% – 13.7%
Return on equity	24.6%	8.7%	1.9% – 18.8%

Analysts

Consensus target $50.92 (+37.6%)
range $42.00 – $56.50 · rating Buy

Strong buy0

Buy15

Hold10

Sell0

Strong sell0

Outlook

Analyst consensus for the coming fiscal years and what it implies at today's price.

Consensus estimates

Fiscal year	Revenue	Growth	EPS	Growth	P/E at today's price	Analysts (EPS)
FY2026	$21.5B	+26.6%	$3.52	+18.1%	10.5×	10
FY2027	$24.2B	+12.9%	$4.05	+15.1%	9.1×	10
FY2028	$25.9B	+7.0%	$4.71	+16.3%	7.9×	5
FY2029	$25.5B	-1.7%	$4.74	+0.6%	7.8×	4
FY2030	$19.4B	-23.9%	$4.83	+1.8%	7.7×	4

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates: Financial Modeling Prep.

Data as of 2026-11-01