Barrick Gross Profit from 2010 to 2024

GOLD Stock  USD 16.57  0.09  0.55%   
Barrick Gold's Gross Profit is decreasing over the years with stable fluctuation. Gross Profit is expected to dwindle to about 2.4 B. Gross Profit is the profit Barrick Gold Corp makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1986-03-31
Previous Quarter
893 M
Current Value
811 M
Quarterly Volatility
566.9 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Barrick Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Barrick Gold's main balance sheet or income statement drivers, such as Interest Expense of 423.4 M, Total Revenue of 5.7 B or Gross Profit of 2.4 B, as well as many indicators such as Price To Sales Ratio of 4.72, Dividend Yield of 0.0234 or PTB Ratio of 1.37. Barrick financial statements analysis is a perfect complement when working with Barrick Gold Valuation or Volatility modules.
  
Check out the analysis of Barrick Gold Correlation against competitors.

Latest Barrick Gold's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Barrick Gold Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of Barrick Gold Corp minus its cost of goods sold. It is profit before Barrick Gold operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Barrick Gold's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Barrick Gold's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.47 B10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

Barrick Gross Profit Regression Statistics

Arithmetic Mean3,728,457,592
Geometric Mean2,868,115,272
Coefficient Of Variation52.47
Mean Deviation1,499,028,272
Median3,409,000,000
Standard Deviation1,956,506,606
Sample Variance3827918.1T
Range7.6B
R-Value(0.18)
Mean Square Error3990875.1T
R-Squared0.03
Significance0.52
Slope(78,136,260)
Total Sum of Squares53590853.4T

Barrick Gross Profit History

20242.4 B
20233.5 B
20223.5 B
20214.9 B
20205.2 B
20192.8 B
2018B

Other Fundumenentals of Barrick Gold Corp

Barrick Gold Gross Profit component correlations

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0.18-0.050.210.65-0.240.120.780.030.570.93-0.220.18-0.060.820.39-0.74-0.720.120.710.79-0.73-0.71-0.7-0.72
0.230.350.21-0.060.04-0.210.11-0.070.470.19-0.380.380.520.60.92-0.2-0.01-0.470.340.34-0.030.00.02-0.04
0.680.480.65-0.060.340.440.920.640.330.80.50.61-0.680.60.17-0.09-0.120.110.10.11-0.12-0.11-0.1-0.11
0.640.68-0.240.040.340.360.250.67-0.080.070.650.67-0.630.060.050.680.6-0.1-0.46-0.570.790.750.720.75
0.360.270.12-0.210.440.360.360.46-0.190.30.420.32-0.410.250.00.230.150.07-0.05-0.110.20.240.230.2
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0.970.960.180.380.610.670.320.670.860.310.390.67-0.470.470.510.460.48-0.06-0.12-0.230.430.490.470.41
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0.390.270.820.60.60.060.250.720.130.580.83-0.180.470.050.76-0.51-0.41-0.090.560.61-0.38-0.38-0.38-0.38
0.40.450.390.920.170.050.00.340.10.520.39-0.230.510.390.76-0.220.0-0.240.430.42-0.06-0.010.01-0.04
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0.510.67-0.72-0.01-0.120.60.15-0.210.58-0.26-0.530.690.48-0.31-0.410.00.93-0.01-0.65-0.810.910.950.930.93
0.03-0.090.12-0.470.11-0.10.070.130.110.030.10.25-0.06-0.22-0.09-0.240.05-0.010.040.020.00.0-0.10.05
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0.420.58-0.73-0.03-0.120.790.2-0.250.5-0.3-0.480.610.43-0.36-0.38-0.060.920.910.0-0.66-0.810.980.940.99
0.490.65-0.710.0-0.110.750.24-0.20.58-0.28-0.470.660.49-0.34-0.38-0.010.940.950.0-0.62-0.780.980.980.98
0.480.64-0.70.02-0.10.720.23-0.180.59-0.29-0.440.630.47-0.32-0.380.010.910.93-0.1-0.59-0.730.940.980.94
0.420.58-0.72-0.04-0.110.750.2-0.240.5-0.29-0.480.620.41-0.36-0.38-0.040.90.930.05-0.66-0.810.990.980.94
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About Barrick Gold Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Barrick Gold income statement, its balance sheet, and the statement of cash flows. Barrick Gold investors use historical funamental indicators, such as Barrick Gold's Gross Profit, to determine how well the company is positioned to perform in the future. Although Barrick Gold investors may use each financial statement separately, they are all related. The changes in Barrick Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Barrick Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Barrick Gold Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Barrick Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit3.5 B2.4 B
Gross Profit Margin 0.30  0.47 

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Additional Information and Resources on Investing in Barrick Stock

When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:
Check out the analysis of Barrick Gold Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barrick Gold. If investors know Barrick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barrick Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.457
Dividend Share
0.4
Earnings Share
0.82
Revenue Per Share
6.552
Quarterly Revenue Growth
0.039
The market value of Barrick Gold Corp is measured differently than its book value, which is the value of Barrick that is recorded on the company's balance sheet. Investors also form their own opinion of Barrick Gold's value that differs from its market value or its book value, called intrinsic value, which is Barrick Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barrick Gold's market value can be influenced by many factors that don't directly affect Barrick Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barrick Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.