Barrick Gold (Barrick Gold) Net Margin %

: 15.66% (As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. Barrick Gold's Net Income for the three months ended in Dec. 2023 was $479 Mil. Barrick Gold's Revenue for the three months ended in Dec. 2023 was $3,059 Mil. Therefore, Barrick Gold's net margin for the quarter that ended in Dec. 2023 was 15.66%.

The historical rank and industry rank for Barrick Gold's Net Margin % or its related term are showing as below:

GOLD' s Net Margin % Range Over the Past 10 Years
Min: -31.43 Med: 9.41 Max: 40.85
Current: 11.14

GOLD's Net Margin % is ranked better than
79.81% of 862 companies
in the Metals & Mining industry
Industry Median: 0.28 vs GOLD: 11.14

Barrick Gold Net Margin % Historical Data

The historical data trend for Barrick Gold's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Barrick Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

40.85

18.45

16.87

3.92

11.16

Barrick Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															-26.50	4.54	10.77	12.86	15.66

Competitive Comparison

For the Gold subindustry, Barrick Gold's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

For the Metals & Mining industry and Basic Materials sector, Barrick Gold's Net Margin % distribution charts can be found below:

* The bar in red indicates where Barrick Gold's Net Margin % falls into.

Barrick Gold Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Barrick Gold's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	1272	/	11397
	=	11.16 %

Barrick Gold's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	479	/	3059
	=	15.66 %

Barrick Gold (NYSE:GOLD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Barrick Gold Net Margin % Related Terms

Thank you for viewing the detailed overview of Barrick Gold's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Barrick Gold (Barrick Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Barrick Gold Corp (NYSE:GOLD) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

ABX:Peru ABX.N:Mexico 0R22:UK ABR:Germany ABR:Germany ABR:Germany ABR:Germany ABX:Canada

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.