B2Gold (AMEX:BTG) Pretax Margin %

: 37.35% (As of Mar. 2023)

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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. 2023 was $177 Mil. B2Gold's Revenue for the three months ended in Mar. 2023 was $474 Mil. Therefore, B2Gold's pretax margin for the quarter that ended in Mar. 2023 was 37.35%.

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: 20.71 Max: 57.82
Current: 30.81

BTG's Pretax Margin % is ranked better than
87.13% of 847 companies
in the Metals & Mining industry
Industry Median: 1.73 vs BTG: 30.81

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 Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Pretax Margin %

25.41

41.74

57.82

41.21

30.63

B2Gold Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Pretax Margin %																39.00	27.70	11.89	39.76	37.35

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. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	530.617	/	1732.59
	=	30.63 %

B2Gold's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	176.855	/	473.556
	=	37.35 %

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

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B2Gold (AMEX:BTG) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

5BG:Germany BTO:Canada

Address

666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8

Website

https://www.b2gold.com

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.