BVN

MKT CAP:$8B

Compañía de Minas Buenaventura S.A.A.

Market Cap

$8B

Basic Materials·Other Precious Metals· Peru·NYSE

Materials·Other·NYSE

Stock Price

$31.82+$3.23 (+11.30%)

Apr 22, 2026

Company Details

Compañía de Minas Buenaventura S.A.A. engages in the exploration, mining development, processing, and trading of precious and base metals. The company explores for gold, silver, lead, zinc, and copper metals. It operates operating mining un...

CEO

Leandro Luis Martin Garcia Raggio

IPO Date

May 15, 1996

Website

www.buenaventura.com

Key Metrics TTM

Revenue

$1.3B

+63.4% YoY

Net Income

$412M

EPS (Diluted)

$1.62

Free Cash Flow

$90M

Revenue / Share

$5.18

Gross Margin

45.4%

Operating Margin

27.3%

Net Margin

31.3%

FCF Margin

6.9%

P/S

6.2x

P/E

19.9x

Earnings Reports

Q4 2025

Apr 29, 2026

PENDING

Q3 2025

Sep 29, 2025

$432MEPS $0.66

Q1 2025

Mar 31, 2025

$308M+24.7%EPS $0.55

FY 2024

Apr 30, 2025

$1.2B+40.1%EPS $1.59

Q4 2024

Apr 30, 2025

$300MEPS $0.13

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 16	$227M	$38M	$13M
Q2 16	$285M	$85M	$61M
Q1 17	$278M	$67M	$23M
Q1 18	$317M	$83M	$41M
Q2 18	$323M	$68M	$20M
Q2 20	$98M	$59M	-$18M
Q3 20	$228M	$38M	$13M
Q1 22	$233M	$55M	$32M
Q1 24	$247M	$70M	$47M
Q2 24	$277M	$98M	$67M
Q4 24	$300M	$155M	$46M
Q1 25	$308M	$159M	$94M
Q3 25	$432M	$185M	$152M

Valuation

Quarter	P/S	P/E
Q1 16	—	—
Q2 16	—	—
Q1 17	—	—
Q1 18	7.4x	39.7x
Q2 18	6.8x	41.8x
Q2 20	8.1x	65.5x
Q3 20	8.5x	118.5x
Q1 22	9.3x	12.7x
Q1 24	10.2x	12.3x
Q2 24	8.3x	10.9x
Q4 24	7.7x	10.6x
Q1 25	7.2x	26.7x
Q3 25	6.2x	19.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 16	$52M	-$356.0K
Q2 16	$55M	-$12M
Q1 17	$71M	-$4M
Q1 18	$28M	$7M
Q2 18	$41M	$11M
Q2 20	-$9M	-$20M
Q3 20	$94M	$82M
Q1 22	-$61M	-$81M
Q1 24	$17M	-$41M
Q2 24	$110M	$25M
Q4 24	$178M	$77M
Q1 25	$21M	-$61M
Q3 25	$187M	$49M

Capital Expenditures

Quarter	CapEx
Q1 16	$52M
Q2 16	$67M
Q1 17	$75M
Q1 18	$21M
Q2 18	$30M
Q2 20	$11M
Q3 20	$13M
Q1 22	$20M
Q1 24	$58M
Q2 24	$85M
Q4 24	$101M
Q1 25	$83M
Q3 25	$137M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 18	+41.9%	+41.4%
Q2 20	-65.7%	-48.5%
Q3 20	-18.0%	-15.5%
Q1 22	-26.5%	-27.2%
Q1 24	-23.5%	-34.0%
Q2 24	+183.4%	+82.0%
Q4 24	+31.3%	+17.7%
Q1 25	+32.1%	+6.6%
Q3 25	+75.0%	+39.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 16	$0	0.0%
Q2 16	$0	0.0%
Q1 17	$0	0.0%
Q1 18	$0	0.0%
Q2 18	$0	0.0%
Q2 20	$0	0.0%
Q3 20	$0	0.0%
Q1 22	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q3 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q1 16	$21M	$5M	—
Q2 16	$20M	$5M	—
Q1 17	$22M	$4M	—
Q1 18	$25M	$6M	—
Q2 18	$21M	$7M	—
Q2 20	$15M	$2M	—
Q3 20	$17M	$5M	—
Q1 22	$18M	$5M	—
Q1 24	$10M	$5M	—
Q2 24	$19M	$6M	—
Q4 24	$15M	$6M	—
Q1 25	$17M	$5M	—
Q3 25	—	—	$25M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$337M	$0	$337M
Q2 22	$326M	$0	$326M
Q3 22	$288M	$0	$288M
Q4 22	$254M	$0	$254M
Q1 23	$173M	$0	$173M
Q2 23	$202M	$0	$202M
Q3 23	$222M	$0	$222M
Q4 23	$220M	$0	$220M
Q1 24	$174M	$0	$174M
Q2 24	$172M	$0	$172M
Q3 24	$458M	$0	$458M
Q4 24	$478M	$0	$478M
Q1 25	$648M	$0	$648M
Q2 25	$589M	$0	$589M
Q3 25	$486M	$0	$486M
Q4 25	$530M	$0	$530M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 16	254M	—	—
Q2 16	254M	0.0%	—
Q1 17	254M	+0.2%	—
Q1 18	254M	-0.1%	—
Q2 18	254M	0.0%	+0.1%
Q2 20	259M	+2.2%	+2.3%
Q3 20	254M	-2.1%	-0.1%
Q1 22	254M	0.0%	0.0%
Q1 24	254M	0.0%	0.0%
Q2 24	254M	0.0%	-2.1%
Q4 24	254M	+0.0%	+0.0%
Q1 25	254M	0.0%	+0.0%
Q3 25	254M	-0.0%	0.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 16	$19.5K	12K
Q2 16	$24.5K	12K
Q1 17	$19.0K	15K
Q1 18	$23.4K	14K
Q2 18	$23.9K	14K
Q2 20	$10.4K	9K
Q3 20	$24.2K	9K
Q1 22	$25.2K	9K
Q1 24	$17.9K	14K
Q2 24	$20.1K	14K
Q4 24	$101.3K	3K
Q1 25	$104.0K	3K
Q3 25	$146.0K	3K

Revenue / Employee