GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » B2Gold Corp (AMEX:BTG) » Definitions » Pretax Margin %

B2Gold (B2Gold) Pretax Margin % : 28.19% (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is B2Gold Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. B2Gold's Pre-Tax Income for the three months ended in Mar. 2024 was $130 Mil. B2Gold's Revenue for the three months ended in Mar. 2024 was $461 Mil. Therefore, B2Gold's pretax margin for the quarter that ended in Mar. 2024 was 28.19%.

The historical rank and industry rank for B2Gold's Pretax Margin % or its related term are showing as below:

BTG' s Pretax Margin % Range Over the Past 10 Years
Min: -154.42   Med: 20.99   Max: 57.82
Current: 14.2


BTG's Pretax Margin % is ranked better than
79.51% of 859 companies
in the Metals & Mining industry
Industry Median: 0.42 vs BTG: 14.20

B2Gold Pretax Margin % Historical Data

The historical data trend for B2Gold's Pretax 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.

B2Gold Pretax Margin % Chart

B2Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.74 57.82 41.21 30.63 16.56

B2Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.35 33.86 8.48 -11.03 28.19

Competitive Comparison of B2Gold's Pretax Margin %

For the Gold subindustry, B2Gold's Pretax Margin %, along with its competitors' market caps and Pretax 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.


B2Gold's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, B2Gold's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where B2Gold's Pretax Margin % falls into.



B2Gold Pretax Margin % Calculation

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

B2Gold's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=320.333/1934.272
=16.56 %

B2Gold's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=130.095/461.444
=28.19 %

* 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.


B2Gold  (AMEX:BTG) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


B2Gold Pretax Margin % Related Terms

Thank you for viewing the detailed overview of B2Gold's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


B2Gold (B2Gold) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8
B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; other mineral properties; and corporate and other. It generates maximum revenue from the Fekola mine segment in Mali.