Financials Barrick Gold Corporation

Equities

ABX

CA0679011084

Gold

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-12-10 pm EST			5-day change	1st Jan Change
24.31 ^CAD	+0.33%		+0.33%	+1.55%

Dec. 10	TSX Closer: The Market Closes With Another Loss as 'a Jumbo' Rate Cut Anticipated and Tariff Fears Rise	MT
Dec. 10	Barrick Gold Seeks Buyers for Ivory Coast Gold Mine	MT

Projected Income Statement: Barrick Gold Corporation

income-statement-evolution-chart BARRICK-GOLD-CORPORATION

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	9,717	12,595	11,985	11,013	11,397	13,197	15,828	16,363
Change	-	29.62%	-4.84%	-8.11%	3.49%	15.8%	19.93%	3.38%
EBITDA ¹	4,833	7,492	7,258	5,613	5,474	6,438	8,617	9,136
Change	-	55.02%	-3.12%	-22.66%	-2.48%	17.61%	33.84%	6.03%
EBIT ¹	2,801	5,284	5,156	3,616	3,431	4,614	6,856	6,525
Change	-	88.65%	-2.42%	-29.87%	-5.12%	34.48%	48.59%	-4.83%
Interest Paid ¹	-469	-347	-355	-301	-170	-231	-241.4	-238.7
Earnings before Tax (EBT) ¹	6,357	4,946	4,632	1,681	2,814	4,245	6,237	6,355
Change	-	-22.2%	-6.35%	-63.71%	67.4%	50.84%	46.95%	1.88%
Net income ¹	3,969	2,324	2,022	432	1,272	1,972	3,030	3,334
Change	-	-41.45%	-12.99%	-78.64%	194.44%	55%	53.69%	10.03%
Announcement Date	2/12/20	2/18/21	2/16/22	2/15/23	2/14/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	2,883	2,721	3,055	3,540	3,279	2,956	2,893	2,826	3,310	2,853	2,859	2,527	2,774	2,643	2,833	2,862	3,059	2,747	3,162	3,368	4,182	3,972	4,147	4,311	4,395	4,317	4,317	4,181
Change	-	-5.62%	12.27%	15.88%	-7.37%	-9.85%	-2.13%	-2.32%	17.13%	-13.81%	0.21%	-11.61%	9.77%	-4.72%	7.19%	1.02%	6.88%	-10.2%	15.11%	6.51%	24.16%	-5.02%	4.41%	3.96%	1.94%	-1.76%	0%	-3.15%
EBITDA ¹	1,562	1,467	1,697	2,223	2,106	1,800	1,719	1,669	2,070	1,645	1,527	1,155	1,286	1,183	1,368	1,464	1,459	1,266	1,717	1,773	2,400	2,310	2,431	2,496	2,658	2,625	2,614	2,471
Change	-	-6.08%	15.68%	31%	-5.26%	-14.53%	-4.5%	-2.91%	24.03%	-20.53%	-7.17%	-24.36%	11.34%	-8.01%	15.64%	7.02%	-0.34%	-13.23%	35.62%	3.26%	35.35%	-3.75%	5.23%	2.69%	6.51%	-1.23%	-0.42%	-5.5%
EBIT ¹	990	943	1,131	1,649	1,562	1,293	1,219	1,131	1,513	1,185	1,051	698	682	688	888	960	895	792	1,237	1,296	1,853	1,703	1,862	2,044	2,116	2,056	2,042	1,894
Change	-	-4.75%	19.94%	45.8%	-5.28%	-17.22%	-5.72%	-7.22%	33.78%	-21.68%	-11.31%	-33.59%	-2.29%	0.88%	29.07%	8.11%	-6.77%	-11.51%	56.19%	4.77%	42.96%	-8.07%	9.31%	9.81%	3.51%	-2.82%	-0.71%	-7.22%
Charge d'intérêts ¹	-	-	-	-	-80	-87	-91	-93	-84	-88	-89	-	-	-58	-44	-52	-16	-31	-51	-82	-54	-70	-75	-75	-81	-	-	-
Earnings before Tax (EBT) ¹	2,560	1,049	880	1,555	1,462	1,204	1,128	935	1,456	1,007	996	625	-947	474	766	803	771	661	1,041	1,025	1,765	1,509	1,654	1,931	2,001	1,907	1,894	1,748
Change	-	-59.02%	-16.11%	76.7%	-5.98%	-17.65%	-6.31%	-17.11%	55.72%	-30.84%	-1.09%	-37.25%	-	-	61.6%	4.83%	-3.99%	-14.27%	57.49%	-1.54%	72.18%	-14.5%	9.6%	16.78%	3.59%	-4.66%	-0.68%	-7.7%
Net income ¹	1,387	400	357	882	685	538	411	347	726	-	-	-	-735	120	305	368	479	295	370	483	828.6	655.7	708.3	835.9	864.7	906.8	900.1	824.7
Change	-	-71.16%	-10.75%	147.06%	-22.34%	-21.46%	-23.61%	-15.57%	109.22%	-100%	-	-	-	-	154.17%	20.66%	30.16%	-38.41%	25.42%	30.54%	71.56%	-20.86%	8.01%	18.02%	3.44%	4.88%	-0.75%	-8.37%
Announcement Date	2/12/20	5/6/20	8/10/20	11/5/20	2/18/21	5/5/21	8/9/21	11/4/21	2/16/22	5/4/22	8/8/22	11/3/22	2/15/23	5/3/23	8/8/23	11/2/23	2/14/24	5/1/24	8/12/24	11/7/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Barrick Gold Corporation

balance-sheet-analysis-chart BARRICK-GOLD-CORPORATION

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	2,222	-33	-130	342	578	303	-108	-1,180
Change	-	-101.49%	-493.94%	163.08%	69.01%	-47.58%	-135.64%	-1,192.59%
Announcement Date	2/12/20	2/18/21	2/16/22	2/15/23	2/14/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Barrick Gold Corporation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	1,701	2,054	2,435	3,049	3,086	3,048	4,214	4,419
Change	-	20.75%	18.55%	25.22%	1.21%	-1.24%	38.28%	4.86%
Free Cash Flow (FCF) ¹	1,132	3,363	1,943	432	646	1,496	1,734	2,269
Change	-	197.08%	-42.22%	-77.77%	49.54%	131.64%	15.87%	30.84%
Announcement Date	2/12/20	2/18/21	2/16/22	2/15/23	2/14/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Barrick Gold Corporation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	49.74%	59.48%	60.56%	50.97%	48.03%	48.78%	54.44%	55.84%
EBIT Margin (%)	28.83%	41.95%	43.02%	32.83%	30.1%	34.96%	43.32%	39.87%
EBT Margin (%)	65.42%	39.27%	38.65%	15.26%	24.69%	32.16%	39.41%	38.84%
Net margin (%)	40.85%	18.45%	16.87%	3.92%	11.16%	14.94%	19.14%	20.38%
FCF margin (%)	11.65%	26.7%	16.21%	3.92%	5.67%	11.34%	10.95%	13.86%
FCF / Net Income (%)	28.52%	144.71%	96.09%	100%	50.79%	75.9%	57.22%	68.05%
Profitability
ROA	11.84%	5.11%	4.42%	2.86%	2.77%	4.1%	5.63%	6%
ROE	6.22%	9.12%	8.75%	5.69%	5.52%	8.41%	12.48%	12.79%
Financial Health
Leverage (Debt/EBITDA)	0.46x	-	-	0.06x	0.11x	0.05x	-	-
Debt / Free cash flow	1.96x	-	-	0.79x	0.89x	0.2x	-	-
Capital Intensity
CAPEX / Current Assets (%)	17.51%	16.31%	20.32%	27.69%	27.08%	23.09%	26.63%	27.01%
CAPEX / EBITDA (%)	35.2%	27.42%	33.55%	54.32%	56.38%	47.34%	48.91%	48.37%
CAPEX / FCF (%)	150.27%	61.08%	125.32%	705.79%	477.71%	203.66%	243.06%	194.78%
Items per share
Cash flow per share ¹	1.612	3.047	2.461	1.966	2.126	2.575	3.34	3.537
Change	-	89.06%	-19.23%	-20.13%	8.16%	21.13%	29.7%	5.89%
Dividend per Share ¹	0.2	0.33	0.37	0.65	0.4	0.4017	0.408	0.428
Change	-	65%	12.12%	75.68%	-38.46%	0.42%	1.58%	4.9%
Book Value Per Share ¹	12.19	13.13	13.41	12.97	13.3	13.99	15.2	16.54
Change	-	7.68%	2.15%	-3.27%	2.49%	5.21%	8.66%	8.83%
EPS ¹	2.26	1.31	1.14	0.24	0.72	1.148	1.659	1.916
Change	-	-42.04%	-12.98%	-78.95%	200%	59.45%	44.53%	15.45%
Nbr of stocks (in thousands)	1,777,782	1,778,126	1,779,286	1,758,285	1,755,523	1,748,049	1,748,049	1,748,049
Announcement Date	2/12/20	2/18/21	2/16/22	2/15/23	2/14/24	-	-	-