Based in Toronto, Barrick is one of the world's largest gold miners. In 2025, the firm sold about 3.3 million attributable ounces of gold and about 220,000 metric tons of copper.
It is a $67.5B materials company. Revenue grew 9.2% over the last year, it keeps 32¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 10.1× earnings — near the lowest of its own history.
- Website
- barrick.com
- Employees
- 27 000
- Sector
- Basic Materials
- Founded
- 1857
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation, growth, profitability and health.
Valuation90
- P/E vs own history8th pct · 25/25
- FCF yield7.7% · 20/25
- P/S3.2x · 20/25
- EV/EBITDA4.4x · 25/25
Growth75
- Revenue CAGR91.6% · 25/25
- Net income CAGR165.9% · 25/25
- EPS CAGR ~5Y135.3% · 25/25
- Fwd implied growth-5.3% · 0/25
Profitability82
- ROIC14.5% · 12/25
- ROE24.6% · 20/25
- Net margin31.6% · 25/25
- Operating margin60.1% · 25/25
Health100
- Altman Z3.33 · 25/25
- Current ratio3.01 · 25/25
- Interest coverage354.3x · 25/25
- Net cash / debtNet cash · 25/25
Quality65
- Piotroski F9/9 · 25/25
- Beneish M-2.78 · 25/25
- FCF conversion79% · 15/25
- Margin stabilityσ 99.7% · 0/25
Moat63
- ROIC >12% years5/10 yrs · 13/25
- Median gross margin35.8% · 13/25
- FCF-positive years10/10 yrs · 25/25
- Worst-year net marginworst 1.1% · 12/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2025FinancialBest year on record$4.99B net income
- 2025AcquisitionThe merger was successfully completed
- FY2024FinancialRevenue crossed $10B$12.9B for the year
- 2024AcquisitionBarnes Group announced that it had entered into a definitive agreement to be acquired by funds…
- FY2019FinancialBecame debt-freecash now exceeds total debt
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $1B$1.23B in first reported year
- FY2016FinancialPositive free cash flow every year since10-year streak
- 1857FoundedIt was founded in 1857 by the great-grandfather of Wallace Barnes, who was appointed president in 1964, the same…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (56.0%)
- Strongly profitable — 31.6% net margin
- Strong cash conversion — FCF is 25.1% of revenue
- Net cash position after subtracting debt from cash
- Interest covered 354.3× by operating earnings
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+9.2% YoY
- Profitable — makes more than it spends$6.53B TTM
- Profit growing — earnings are higher than last year+128.9% YoY
- Generates cash — cash left after running and investing$5.19B TTM
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$67.5B market cap
- Not printing shares — share count not ballooning — you keep your slice+9.3% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 3.3 — safe
- Pays a dividend — returns cash to shareholdersyield 2.34%
- Valuation not extreme — price not wildly above earningsP/E 10.1
Peer comparisonBarrick Mining Corporation vs 6 largest basic materials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| B this company | $67.5B | 10.1 | +9.2% | 31.6% | Strong |
| LIN Linde plc Ordinary Share | $223.2B | 30.8 | +6.6% | 20.4% | Solid |
| SCCO Southern Copper Corporation | $176.8B | 31.2 | +32.8% | 35.9% | Strong |
| NEM Newmont Corporation | $124.2B | 14.4 | +25.2% | 33.4% | Strong |
| FCX Freeport-McMoran Inc. | $105.8B | 35.9 | +0.2% | 11.4% | Strong |
| AEM Agnico Eagle Mines Ltd. | $95.8B | 15.9 | +43.7% | 37.5% | Strong |
| WPM Wheaton Precious Metals Corp. | $63.0B | 30.2 | +80.2% | 63.6% | Solid |
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/B
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Deeper analysis of B on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $41.03 · market cap $67.5B.