B2gold annual return on equity
2017
2018
2019
2020
2021
2022
2023
2024
2025
B2gold Return on Equity (ROE) Growth & History (BTG)
B2gold's return on equity was 12.98% for fiscal 2025.
View full B2gold company overviewB2gold annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.98% | +31.42 pp |
| 2024 | 2024-12-31 | −18.45% | −19.67 pp |
| 2023 | 2023-12-31 | 1.22% | −8.55 pp |
| 2022 | 2022-12-31 | 9.77% | −7.19 pp |
| 2021 | 2021-12-31 | 16.97% | −12.51 pp |
| 2020 | 2020-12-31 | 29.48% | +11.94 pp |
| 2019 | 2019-12-31 | 17.54% | +14.69 pp |
| 2018 | 2018-12-31 | 2.85% | −1.26 pp |
| 2017 | 2017-12-31 | 4.11% | — |
B2gold quarterly return on equity
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 10.92% | +5.98 pp |
| Q1 2026 | 2026-03-31 | 5.50% | — |
| Q4 2025 | 2025-12-31 | 4.93% | — |
| Q3 2025 | 2025-09-30 | 0.59% | — |
| Q2 2025 | 2025-06-30 | 4.94% | — |
B2gold return on equity trends
Over the last five fiscal years, B2gold's return on equity decreased from 29.48% to 12.98%, a change of −16.50 percentage points. The latest reported quarter, Q2 2026, shows 10.92%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review B2gold source filings ↗