Barrick Gold Corporation

TSX:ABX Stock Report

Market Cap: CA$39.5b

Barrick Gold Past Earnings Performance

Past criteria checks 5/6

Barrick Gold's earnings have been declining at an average annual rate of -29.4%, while the Metals and Mining industry saw earnings growing at 23.8% annually. Revenues have been growing at an average rate of 1.6% per year. Barrick Gold's return on equity is 7.6%, and it has net margins of 13.2%.

Key information

-29.4%

Earnings growth rate

-29.6%

EPS growth rate

Metals and Mining Industry Growth27.4%
Revenue growth rate1.6%
Return on equity7.6%
Net Margin13.2%
Next Earnings Update12 Feb 2025

Recent past performance updates

Barrick Gold's (TSE:ABX) Earnings Are Of Questionable Quality

Aug 22
Barrick Gold's (TSE:ABX) Earnings Are Of Questionable Quality

Recent updates

Here's Why Barrick Gold (TSE:ABX) Can Manage Its Debt Responsibly

Dec 30
Here's Why Barrick Gold (TSE:ABX) Can Manage Its Debt Responsibly

There's Been No Shortage Of Growth Recently For Barrick Gold's (TSE:ABX) Returns On Capital

Nov 08
There's Been No Shortage Of Growth Recently For Barrick Gold's (TSE:ABX) Returns On Capital

Investor Optimism Abounds Barrick Gold Corporation (TSE:ABX) But Growth Is Lacking

Oct 25
Investor Optimism Abounds Barrick Gold Corporation (TSE:ABX) But Growth Is Lacking

Does Barrick Gold (TSE:ABX) Have A Healthy Balance Sheet?

Sep 24
Does Barrick Gold (TSE:ABX) Have A Healthy Balance Sheet?

Barrick Gold's (TSE:ABX) Earnings Are Of Questionable Quality

Aug 22
Barrick Gold's (TSE:ABX) Earnings Are Of Questionable Quality

We Like These Underlying Return On Capital Trends At Barrick Gold (TSE:ABX)

Aug 09
We Like These Underlying Return On Capital Trends At Barrick Gold (TSE:ABX)

Barrick Gold Corporation's (TSE:ABX) Popularity With Investors Is Under Threat From Overpricing

Jul 25
Barrick Gold Corporation's (TSE:ABX) Popularity With Investors Is Under Threat From Overpricing

Is There An Opportunity With Barrick Gold Corporation's (TSE:ABX) 40% Undervaluation?

Jun 23
Is There An Opportunity With Barrick Gold Corporation's (TSE:ABX) 40% Undervaluation?

It Looks Like Barrick Gold Corporation's (TSE:ABX) CEO May Expect Their Salary To Be Put Under The Microscope

Apr 25
It Looks Like Barrick Gold Corporation's (TSE:ABX) CEO May Expect Their Salary To Be Put Under The Microscope

These 4 Measures Indicate That Barrick Gold (TSE:ABX) Is Using Debt Reasonably Well

Mar 28
These 4 Measures Indicate That Barrick Gold (TSE:ABX) Is Using Debt Reasonably Well

Barrick Gold's (TSE:ABX) Promising Earnings May Rest On Soft Foundations

Feb 21
Barrick Gold's (TSE:ABX) Promising Earnings May Rest On Soft Foundations

Pinning Down Barrick Gold Corporation's (TSE:ABX) P/S Is Difficult Right Now

Feb 08
Pinning Down Barrick Gold Corporation's (TSE:ABX) P/S Is Difficult Right Now

Revenue & Expenses Breakdown

How Barrick Gold makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:ABX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2412,3361,6275340
30 Jun 2411,8301,5125000
31 Mar 2411,5011,4475000
31 Dec 2311,3971,2724870
30 Sep 2311,112585100
30 Jun 2310,777-694970
31 Mar 2310,8031144980
31 Dec 2211,0134325090
30 Sep 2211,5491,8934750
30 Jun 2211,8481,9994660
31 Mar 2211,8821,9224600
31 Dec 2111,9852,0224380
30 Sep 2111,9541,9814150
30 Jun 2112,6682,5164430
31 Mar 2112,8302,4624680
31 Dec 2012,5952,3244800
30 Sep 2012,1993,0264530
30 Jun 2011,3374,4214820
31 Mar 2010,3454,2584800
31 Dec 199,7173,9694920
30 Sep 198,7381,3855340
30 Jun 197,897-1,3045350
31 Mar 197,546-1,5925530
31 Dec 187,243-1,5455480
30 Sep 187,567-6625920
30 Jun 187,723-2616110
31 Mar 188,1719175720
31 Dec 178,3741,4385990
30 Sep 178,4652,1775600
30 Jun 178,7692,3635000
31 Mar 178,6211,4175170
31 Dec 168,5586554840
30 Sep 168,477-2,3925030
30 Jun 168,495-2,8315070
31 Mar 168,714-2,9785240
31 Dec 159,029-2,8385590
30 Sep 159,301-3,0675910
30 Jun 159,610-2,6786620
31 Mar 159,837-2,9386890
31 Dec 1410,239-2,9077440
30 Sep 1410,671-2,8861,1800
30 Jun 1411,032-2,8301,1410
31 Mar 1411,775-10,6111,0940
31 Dec 1312,527-9,8601,0380

Quality Earnings: ABX has high quality earnings.

Growing Profit Margin: ABX's current net profit margins (13.2%) are higher than last year (0.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ABX has become profitable over the past 5 years, growing earnings by -29.4% per year.

Accelerating Growth: ABX's earnings growth over the past year (2705.2%) exceeds its 5-year average (-29.4% per year).

Earnings vs Industry: ABX earnings growth over the past year (2705.2%) exceeded the Metals and Mining industry 35.7%.

Return on Equity

High ROE: ABX's Return on Equity (7.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 10:13
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Barrick Gold Corporation is covered by 58 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
David ColemanArgus Research Company
Fabrizio SpagnaAxia Financial Research