KGC (Kinross Gold Corporation) Stock Financials & Earnings | Market Cap Arena

KGC (Kinross Gold Corporation) Stock Financials & Earnings | Market Cap Arena

KGCKinross Gold Corporation

Mkt Cap$40B

Basic Materials·Gold·🇨🇦 Canada·NYSE

Revenue (TTM)$7.1B

Net Income (TTM)$2.4B

EPS (TTM)$1.96

Free Cash Flow (TTM)$2.6B

Gross Margin49.3%

Op. Margin43.8%

Net Margin33.9%

FCF Margin36.4%

P/S Ratio (TTM)5.7x

P/E Ratio (TTM)16.8x

YoY Rev Growth+37.2%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$929M	$234M	$144M
Q2 23	$1.1B	$355M	$238M
Q3 23	$1.1B	$318M	$226M
Q4 23	$1.1B	$253M	$194M
Q1 24	$1.1B	$298M	$193M
Q2 24	$1.2B	$388M	$298M
Q3 24	$1.4B	$646M	$548M
Q4 24	$1.4B	$547M	$501M
Q1 25	$1.5B	$662M	$570M
Q2 25	$1.7B	$897M	$775M
Q3 25	$1.8B	$845M	$763M
Q4 25	$2.1B	$1.1B	$985M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	10.9x	4570.8x
Q2 23	10.2x	201.0x
Q3 23	9.6x	164.2x
Q4 23	9.5x	96.6x
Q1 24	9.2x	92.9x
Q2 24	8.9x	81.6x
Q3 24	8.3x	54.5x
Q4 24	7.8x	42.4x
Q1 25	7.2x	33.2x
Q2 25	6.6x	26.3x
Q3 25	6.3x	22.9x
Q4 25	5.7x	16.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$259M	$38M
Q2 23	$529M	$247M
Q3 23	$407M	$123M
Q4 23	$411M	$100M
Q1 24	$374M	$133M
Q2 24	$604M	$330M
Q3 24	$734M	$455M
Q4 24	$735M	$454M
Q1 25	$597M	$389M
Q2 25	$992M	$686M
Q3 25	$981M	$675M
Q4 25	$1.2B	$819M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$221M
Q2 23	$282M
Q3 23	$284M
Q4 23	$311M
Q1 24	$242M
Q2 24	$274M
Q3 24	$279M
Q4 24	$281M
Q1 25	$208M
Q2 25	$306M
Q3 25	$306M
Q4 25	$384M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+32.6%	+31.3%
Q2 23	+33.0%	+12.8%
Q3 23	+28.7%	+17.6%
Q4 23	+3.7%	-25.4%
Q1 24	+16.4%	+13.1%
Q2 24	+11.6%	+7.8%
Q3 24	+29.9%	+0.9%
Q4 24	+26.9%	-0.8%
Q1 25	+38.5%	+4.4%
Q2 25	+41.7%	+3.5%
Q3 25	+24.4%	+15.3%
Q4 25	+45.1%	+16.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$2M	0.2%
Q3 23	$3M	0.3%
Q4 23	$2M	0.2%
Q1 24	$0	0.0%
Q2 24	$3M	0.2%
Q3 24	$1M	0.1%
Q4 24	$28M	2.0%
Q1 25	$5M	0.3%
Q2 25	$3M	0.2%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	SG&A
Q1 23	$24M	—
Q2 23	$32M	—
Q3 23	$26M	—
Q4 23	$27M	—
Q1 24	$35M	—
Q2 24	$32M	—
Q3 24	$27M	—
Q4 24	$32M	—
Q1 25	$36M	—
Q2 25	$30M	—
Q3 25	—	$57M
Q4 25	—	$69M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$482M	$0	$482M
Q2 23	$486M	$0	$486M
Q3 23	$472M	$0	$472M
Q4 23	$360M	$0	$360M
Q1 24	$417M	$0	$417M
Q2 24	$489M	$0	$489M
Q3 24	$483M	$0	$483M
Q4 24	$621M	$0	$621M
Q1 25	$707M	$0	$707M
Q2 25	$1.2B	$0	$1.2B
Q3 25	$1.7B	$0	$1.7B
Q4 25	$1.8B	$0	$1.8B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	1.24B	-1.7%
Q2 23	1.24B	+0.1%
Q3 23	1.24B	-0.0%
Q4 23	1.24B	-0.2%
Q1 24	1.24B	+0.3%
Q2 24	1.23B	-0.4%
Q3 24	1.23B	+0.0%
Q4 24	1.23B	-0.4%
Q1 25	1.23B	+0.4%
Q2 25	1.23B	-0.3%
Q3 25	1.22B	-0.8%
Q4 25	1.21B	-0.9%