B2Gold Corp (BTO) — Free Cash Flow Generation Index
B2Gold Corp (BTO) has a Free Cash Flow Generation Index of 0.69x as of March 2026. Free cash flow of CA$358.77 Million represents 1% of operating cash flow (CA$522.04 Million). Explore BTO capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
B2Gold Corp Free Cash Flow Generation Index (2010–2025)
Historical FCF Generation Index trend for B2Gold Corp across 16 annual periods. For the full cash flow conversion analysis, see B2Gold Corp cash conversion from operations.
Annual Free Cash Flow Generation for B2Gold Corp (2010–2025)
Year-by-year Free Cash Flow Generation Index for B2Gold Corp. Check BTO capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.07x | CA$66.38 Million | CA$892.75 Million | CA$826.37 Million | ▲ +32920.4% |
| 2024 | 0.00x | CA$185.63K | CA$824.38 Million | CA$824.19 Million | ▲ +100.6% |
| 2023 | -0.04x | CA$-25.37 Million | CA$721.38 Million | CA$746.75 Million | ▼ -106.6% |
| 2022 | 0.53x | CA$303.59 Million | CA$573.74 Million | CA$270.15 Million | ▼ -19.5% |
| 2021 | 0.66x | CA$463.76 Million | CA$705.83 Million | CA$242.07 Million | ▼ -2.7% |
| 2020 | 0.68x | CA$665.94 Million | CA$985.77 Million | CA$319.83 Million | ▲ +52.2% |
| 2019 | 0.44x | CA$207.73 Million | CA$467.99 Million | CA$260.27 Million | ▼ -4.4% |
| 2018 | 0.46x | CA$182.91 Million | CA$394.09 Million | CA$211.18 Million | ▲ +126.2% |
| 2017 | -1.77x | CA$-242.91 Million | CA$137.14 Million | CA$380.05 Million | ▼ -1738.9% |
| 2016 | 0.11x | CA$41.68 Million | CA$385.62 Million | CA$343.94 Million | ▲ +119.1% |
| 2015 | -0.57x | CA$-84.04 Million | CA$148.51 Million | CA$232.55 Million | ▲ +73.3% |
| 2014 | -2.12x | CA$-211.67 Million | CA$99.72 Million | CA$311.39 Million | ▼ -71.8% |
| 2013 | -1.24x | CA$-182.97 Million | CA$148.12 Million | CA$331.09 Million | ▼ -258.6% |
| 2012 | -0.34x | CA$-36.19 Million | CA$105.04 Million | CA$141.23 Million | ▼ -539.2% |
| 2011 | 0.08x | CA$7.79 Million | CA$99.31 Million | CA$91.52 Million | ▲ +134.1% |
| 2010 | -0.23x | CA$-8.14 Million | CA$35.35 Million | CA$43.48 Million | — |