Barrick Gold Past Earnings Performance

Past criteria checks 5/6

Barrick Gold's earnings have been declining at an average annual rate of -0.8%, while the Metals and Mining industry saw earnings growing at 28.6% annually. Revenues have been growing at an average rate of 5.9% per year. Barrick Gold's return on equity is 6.1%, and it has net margins of 11.2%.

Key information

-0.8%

Earnings growth rate

2.8%

EPS growth rate

Metals and Mining Industry Growth	27.4%
Revenue growth rate	5.9%
Return on equity	6.1%
Net Margin	11.2%
Next Earnings Update	01 May 2024

Recent past performance updates

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

Feb 21

Recent updates

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

Apr 25

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

Mar 28

Is Barrick Gold Corporation (TSE:ABX) Expensive For A Reason? A Look At Its Intrinsic Value

Aug 07

Barrick Gold (TSE:ABX) Has A Somewhat Strained Balance Sheet

Jul 17

Is Barrick Gold Corporation (TSE:ABX) Expensive For A Reason? A Look At Its Intrinsic Value

May 08

Is Barrick Gold (TSE:ABX) Using Too Much Debt?

Apr 18

Barrick Gold Corporation's (TSE:ABX) Intrinsic Value Is Potentially 20% Below Its Share Price

Jan 10

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

Dec 09

Revenue & Expenses Breakdown
Beta

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)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	11,397	1,272	487
30 Sep 23	11,112	58	510
30 Jun 23	10,777	-69	497
31 Mar 23	10,803	114	498
31 Dec 22	11,013	432	509
30 Sep 22	11,549	1,893	475
30 Jun 22	11,848	1,999	466
31 Mar 22	11,882	1,922	460
31 Dec 21	11,985	2,022	438
30 Sep 21	11,954	1,981	415
30 Jun 21	12,668	2,516	443
31 Mar 21	12,830	2,462	468
31 Dec 20	12,595	2,324	480
30 Sep 20	12,199	3,026	453
30 Jun 20	11,337	4,421	482
31 Mar 20	10,345	4,258	480
31 Dec 19	9,717	3,969	492
30 Sep 19	8,738	1,385	534
30 Jun 19	7,897	-1,304	535
31 Mar 19	7,546	-1,592	553
31 Dec 18	7,243	-1,545	548
30 Sep 18	7,567	-662	592
30 Jun 18	7,723	-261	611
31 Mar 18	8,171	917	572
31 Dec 17	8,374	1,438	599
30 Sep 17	8,465	2,177	560
30 Jun 17	8,769	2,363	500
31 Mar 17	8,621	1,417	517
31 Dec 16	8,558	655	484
30 Sep 16	8,477	-2,392	503
30 Jun 16	8,495	-2,831	507
31 Mar 16	8,714	-2,978	524
31 Dec 15	9,029	-2,838	559
30 Sep 15	9,301	-3,067	591
30 Jun 15	9,610	-2,678	662
31 Mar 15	9,837	-2,938	689
31 Dec 14	10,239	-2,907	744
30 Sep 14	10,671	-2,886	1,180
30 Jun 14	11,032	-2,830	1,141
31 Mar 14	11,775	-10,611	1,094
31 Dec 13	12,527	-9,860	1,038
30 Sep 13	13,734	-9,882	908
30 Jun 13	14,148	-9,404	870

Quality Earnings: ABX has high quality earnings.

Growing Profit Margin: ABX's current net profit margins (11.2%) are higher than last year (3.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ABX has become profitable over the past 5 years, growing earnings by -0.8% per year.

Accelerating Growth: ABX's earnings growth over the past year (194.4%) exceeds its 5-year average (-0.8% per year).

Earnings vs Industry: ABX earnings growth over the past year (194.4%) exceeded the Metals and Mining industry -22.5%.

Return on Equity

High ROE: ABX's Return on Equity (6.1%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Barrick Gold Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Barrick Gold Corporation to Report Q1, 2024 Results on May 01, 2024

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

Full year 2023 earnings: EPS misses analyst expectations

Barrick Gold Corporation Reports Impairment Charges for the Fourth Quarter Ended December 31, 2023

Barrick Gold Corporation to Report Q4, 2023 Results on Feb 14, 2024

Barrick Gold Corporation to Report Q3, 2023 Results on Nov 02, 2023

Recent updates

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

Barrick Gold Corporation to Report Q1, 2024 Results on May 01, 2024

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

President recently bought CA$3.9m worth of stock

New minor risk - Insider selling

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

Consensus EPS estimates fall by 18%

Fourth quarter dividend of US$0.10 announced

Full year 2023 earnings: EPS misses analyst expectations

Barrick Gold Corporation (TSX:ABX) announces an Equity Buyback for $1,000 million worth of its shares.

Barrick Gold Corporation Reports Impairment Charges for the Fourth Quarter Ended December 31, 2023

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

Barrick Gold Corporation, Annual General Meeting, Apr 30, 2024

Barrick's Lumwana Super Pit Project on Track for First Production in 2028

Barrick Gold Corporation's North Mara and Bulyanhulu Gold Mines Achieves Their Production Guidance for 2023

Barrick Gold Corporation Reportedly Sounds Out First Quantum Holders on Possible Bid

A Look At The Fair Value Of Barrick Gold Corporation (TSE:ABX)

The Quebec Court of Appeal Authorizes A Class Action Under the Securities Act Against Barrick Gold Corporation and Two of Its Former Officers

Barrick Gold Corporation to Report Q4, 2023 Results on Feb 14, 2024

Barrick Gold Corporation Approves Nevada Gold Mines' Plan of Operations for Its New Goldrush Underground Mine At the Cortez Complex Near Beowawe, Nevada

Barrick Gold Corporation Announces Porgera Mine Set to Restate Production

Senior EVP & CFO recently sold CA$2.9m worth of stock

President recently bought CA$2.4m worth of stock

Upcoming dividend of US$0.10 per share at 2.5% yield

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

Consensus EPS estimates fall by 12%

Insufficient new directors

Barrick Gold Corporation Declares A Dividend for the Third Quarter of 2023, Payable on December 15, 2023

Barrick Gold Corporation Commences Phase Two Drilling At Precipitate's Pueblo Grande Project, Dominican Republic

Barrick Gold Corporation Declares a Dividend for the Second Quarter of 2023, Payable on September 15, 2023

Is Barrick Gold Corporation (TSE:ABX) Expensive For A Reason? A Look At Its Intrinsic Value

Barrick Gold Corporation Targets 2028 for First Production from Reko Diq

Barrick Gold (TSE:ABX) Has A Somewhat Strained Balance Sheet

Alexco Resource Corp. completed the acquisition of ATAC Resources Ltd. (TSXV:ATC) from Barrick Gold Corporation (TSX:ABX) and others.

Barrick Gold Corporation Set to Roll Out New 10-Year Plan on Back of Production Ramp-Up and Reserve Replacement

Senior EVP & CFO recently sold CA$2.7m worth of stock

Latin Metals Inc. Provides Update on Barrick Gold Exploration Activities, Cerro Bayo Project, Argentina

New minor risk - Insider selling

President recently sold CA$4.9m worth of stock

Barrick Gold Corporation to Report Q3, 2023 Results on Nov 02, 2023

Upcoming dividend of US$0.10 per share at 3.6% yield

Is Barrick Gold Corporation (TSE:ABX) Expensive For A Reason? A Look At Its Intrinsic Value

Barrick Gold Corporation Declares First Quarter Dividend of 2023, to Be Paid on June 15, 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates increase by 13%

Is Barrick Gold (TSE:ABX) Using Too Much Debt?

Consensus EPS estimates increase by 17%

Consensus EPS estimates increase by 14%

Now 20% undervalued after recent price drop

President recently bought CA$4.4m worth of stock

Consensus EPS estimates fall by 11%

Upcoming dividend of US$0.10 per share at 3.9% yield

Barrick Gold Corporation (TSX:ABX) announces an Equity Buyback for $1,000 million worth of its shares.

Full year 2022 earnings: EPS misses analyst expectations

Barrick Gold Corporation Grows Attributable Proven and Probable Gold Mineral Reserves by 6.7 Million Ounces Net of Depletion in 2022

Barrick Gold Corporation, Annual General Meeting, May 02, 2023

Barrick’S Tanzanian Assets Deliver Record Production and Create Long-Term Value

Barrick Gold Corporation Explores for Both High Sulphidation Epithermal Gold and Concealed Copper-Gold Porphyry Style Mineralization At Precipitate's Pueblo Grande Project, Dominican Republic

Barrick Gold Corporation to Report Q4, 2022 Results on Feb 15, 2023

Barrick Gold Corporation's (TSE:ABX) Intrinsic Value Is Potentially 20% Below Its Share Price

Insider recently bought CA$704k worth of stock

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

President recently bought CA$4.0m worth of stock

Montage Gold Corp. (TSXV:MAU) completed the acquisition of Mankono-Sissédougou Joint Venture Project from Barrick Gold Corporation (TSX:ABX) and Endeavour Mining plc (TSX:EDV).

Upcoming dividend of US$0.15 per share

Insufficient new directors

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Revenue & Expenses BreakdownBeta

Revenue & Expenses Breakdown
Beta