Barrick Gold (TSX:ABX) 3-Year FCF Growth Rate : -41.10% (As of Dec. 2023)

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What is Barrick Gold 3-Year FCF Growth Rate?

Barrick Gold's Free Cash Flow per Share for the three months ended in Dec. 2023 was C$0.10.

During the past 12 months, Barrick Gold's average Free Cash Flow per Share Growth Rate was 49.20% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -41.10% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Barrick Gold was 58.50% per year. The lowest was -41.10% per year. And the median was 7.55% per year.

Competitive Comparison of Barrick Gold's 3-Year FCF Growth Rate

For the Gold subindustry, Barrick Gold's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Barrick Gold's 3-Year FCF Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Barrick Gold's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Barrick Gold's 3-Year FCF Growth Rate falls into.

Barrick Gold 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

Barrick Gold (TSX:ABX) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

Barrick Gold 3-Year FCF Growth Rate Related Terms

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Barrick Gold (TSX:ABX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Barrick Gold Corp (TSX:ABX) » Definitions » 3-Year FCF Growth Rate

Comparable Companies

Traded in Other Exchanges

GOLD:USA ABX:Peru ABX.N:Mexico 0R22:UK ABR:Germany

Address

161 Bay Street, Brookfield Place, Suite 3700, P.O. Box 212, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1

Website

https://www.barrick.com

Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2022, the firm produced nearly 4.1 million attributable ounces of gold and about 440 million pounds of copper. At end 2022, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.

Barrick Gold (TSX:ABX) Headlines

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