Barrick Historical Income Statement

ABX Stock

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Historical analysis of Barrick Gold income statement accounts such as Total Revenue of 5.7 B, Gross Profit of 2.4 B or Operating Income of 1.9 B can show how well Barrick Gold Corp performed in making a profits. Evaluating Barrick Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Barrick Gold's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Barrick Gold Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Barrick Gold Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Barrick Income Statement Analysis

Barrick Gold Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Barrick Gold shareholders. The income statement also shows Barrick investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Barrick Gold Income Statement Chart

At this time, Barrick Gold's Net Income From Continuing Ops is very stable compared to the past year. As of the 11th of December 2024, Net Income Applicable To Common Shares is likely to grow to about 521.6 M, while Total Revenue is likely to drop about 5.7 B.

Gross Profit Operating Income Ebitda

Gross Profit

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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Barrick Gold Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Barrick Gold Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Barrick Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Barrick Gold Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Gross Profit	4.9B	3.5B	3.5B	2.4B
Total Revenue	12.0B	11.0B	11.4B	5.7B

Gross Profit Total Revenue

Barrick Gold income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Operating Income	Ebitda	Total Other Income Expense Net	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Other Operating Expenses	Ebit	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Selling And Marketing Expenses	Research Development	Discontinued Operations	Net Income From Continuing Ops	Minority Interest	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Interest Expense		0.11	-0.13	-0.17	-0.06	-0.27	-0.36	0.02	0.38	0.39	0.31	-0.16	0.31	0.35	-0.33	-0.5	-0.54	-0.44	0.23	0.18	0.01	0.04	0.32	-0.41	-0.31	0.39
Total Revenue	0.11		0.9	0.86	0.91	-0.32	0.03	0.33	0.79	0.57	0.92	0.86	0.91	0.56	0.08	-0.01	-0.7	-0.05	-0.03	0.1	0.07	-0.08	-0.02	0.01	0.17	0.23
Gross Profit	-0.13	0.9		0.92	0.89	-0.3	0.09	0.35	0.49	0.6	0.68	0.91	0.65	0.53	0.14	0.05	-0.5	-0.13	-0.28	0.08	0.23	-0.2	0.11	-0.11	0.08	0.19
Operating Income	-0.17	0.86	0.92		0.97	-0.12	0.28	0.51	0.53	0.45	0.65	1.0	0.64	0.34	0.33	0.01	-0.44	-0.16	-0.13	0.28	0.11	-0.02	0.02	-0.04	0.25	0.22
Ebitda	-0.06	0.91	0.89	0.97		-0.07	0.3	0.55	0.7	0.4	0.77	0.98	0.77	0.35	0.36	-0.02	-0.54	-0.11	0.04	0.27	-0.02	0.1	-0.09	0.05	0.33	0.24
Total Other Income Expense Net	-0.27	-0.32	-0.3	-0.12	-0.07		0.91	0.46	-0.07	-0.65	-0.32	-0.07	-0.27	-0.4	0.89	0.24	0.23	0.2	0.61	0.07	-0.63	0.63	-0.53	0.43	0.43	-0.2
Net Income	-0.36	0.03	0.09	0.28	0.3	0.91		0.54	0.11	-0.44	-0.06	0.32	-0.03	-0.25	0.98	0.23	0.08	0.12	0.49	0.15	-0.5	0.54	-0.47	0.38	0.51	-0.12
Income Tax Expense	0.02	0.33	0.35	0.51	0.55	0.46	0.54		0.35	-0.02	0.22	0.55	0.25	0.03	0.66	0.1	-0.32	-0.08	0.34	0.28	-0.42	0.53	-0.25	0.12	0.23	0.15
Depreciation And Amortization	0.38	0.79	0.49	0.53	0.7	-0.07	0.11	0.35		0.25	0.92	0.57	0.94	0.45	0.17	-0.07	-0.77	0.07	0.53	0.15	-0.4	0.37	-0.37	0.3	0.42	0.13
Selling General Administrative	0.39	0.57	0.6	0.45	0.4	-0.65	-0.44	-0.02	0.25		0.51	0.42	0.46	0.8	-0.39	-0.14	-0.68	-0.3	-0.43	0.12	0.48	-0.4	0.53	-0.51	-0.5	0.21
Other Operating Expenses	0.31	0.92	0.68	0.65	0.77	-0.32	-0.06	0.22	0.92	0.51		0.67	1.0	0.6	0.0	0.01	-0.81	0.08	0.21	0.07	-0.08	0.04	-0.16	0.16	0.24	0.12
Ebit	-0.16	0.86	0.91	1.0	0.98	-0.07	0.32	0.55	0.57	0.42	0.67		0.67	0.36	0.39	0.06	-0.48	-0.11	-0.05	0.25	0.04	0.04	-0.04	0.03	0.3	0.17
Cost Of Revenue	0.31	0.91	0.65	0.64	0.77	-0.27	-0.03	0.25	0.94	0.46	1.0	0.67		0.55	0.03	0.0	-0.8	0.08	0.25	0.08	-0.12	0.08	-0.18	0.18	0.27	0.14
Total Operating Expenses	0.35	0.56	0.53	0.34	0.35	-0.4	-0.25	0.03	0.45	0.8	0.6	0.36	0.55		-0.18	0.18	-0.82	0.02	0.01	-0.1	0.02	-0.02	-0.01	-0.01	-0.11	-0.22
Income Before Tax	-0.33	0.08	0.14	0.33	0.36	0.89	0.98	0.66	0.17	-0.39	0.0	0.39	0.03	-0.18		0.29	-0.01	0.15	0.53	0.17	-0.56	0.61	-0.51	0.42	0.53	-0.15
Selling And Marketing Expenses	-0.5	-0.01	0.05	0.01	-0.02	0.24	0.23	0.1	-0.07	-0.14	0.01	0.06	0.0	0.18	0.29		-0.06	0.88	0.12	-0.42	-0.18	0.06	-0.52	0.65	0.36	-0.88
Research Development	-0.54	-0.7	-0.5	-0.44	-0.54	0.23	0.08	-0.32	-0.77	-0.68	-0.81	-0.48	-0.8	-0.82	-0.01	-0.06		-0.01	-0.27	-0.1	0.19	-0.21	0.07	-0.01	0.02	0.01
Discontinued Operations	-0.44	-0.05	-0.13	-0.16	-0.11	0.2	0.12	-0.08	0.07	-0.3	0.08	-0.11	0.08	0.02	0.15	0.88	-0.01		0.27	-0.4	-0.3	0.15	-0.62	0.73	0.42	-0.8
Net Income From Continuing Ops	0.23	-0.03	-0.28	-0.13	0.04	0.61	0.49	0.34	0.53	-0.43	0.21	-0.05	0.25	0.01	0.53	0.12	-0.27	0.27		0.07	-0.89	0.86	-0.77	0.64	0.66	-0.27
Minority Interest	0.18	0.1	0.08	0.28	0.27	0.07	0.15	0.28	0.15	0.12	0.07	0.25	0.08	-0.1	0.17	-0.42	-0.1	-0.4	0.07		0.05	0.18	0.1	-0.31	0.07	0.4
Non Recurring	0.01	0.07	0.23	0.11	-0.02	-0.63	-0.5	-0.42	-0.4	0.48	-0.08	0.04	-0.12	0.02	-0.56	-0.18	0.19	-0.3	-0.89	0.05		-0.92	0.81	-0.68	-0.56	0.3
Tax Provision	0.04	-0.08	-0.2	-0.02	0.1	0.63	0.54	0.53	0.37	-0.4	0.04	0.04	0.08	-0.02	0.61	0.06	-0.21	0.15	0.86	0.18	-0.92		-0.69	0.52	0.53	-0.2
Interest Income	0.32	-0.02	0.11	0.02	-0.09	-0.53	-0.47	-0.25	-0.37	0.53	-0.16	-0.04	-0.18	-0.01	-0.51	-0.52	0.07	-0.62	-0.77	0.1	0.81	-0.69		-0.95	-0.83	0.61
Net Interest Income	-0.41	0.01	-0.11	-0.04	0.05	0.43	0.38	0.12	0.3	-0.51	0.16	0.03	0.18	-0.01	0.42	0.65	-0.01	0.73	0.64	-0.31	-0.68	0.52	-0.95		0.82	-0.72
Reconciled Depreciation	-0.31	0.17	0.08	0.25	0.33	0.43	0.51	0.23	0.42	-0.5	0.24	0.3	0.27	-0.11	0.53	0.36	0.02	0.42	0.66	0.07	-0.56	0.53	-0.83	0.82		-0.45
Extraordinary Items	0.39	0.23	0.19	0.22	0.24	-0.2	-0.12	0.15	0.13	0.21	0.12	0.17	0.14	-0.22	-0.15	-0.88	0.01	-0.8	-0.27	0.4	0.3	-0.2	0.61	-0.72	-0.45

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Barrick Gold Account Relationship Matchups

Barrick Gold income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	427M	323M	346M	341M	85M	158.6M
Total Revenue	9.7B	12.6B	12.0B	11.0B	11.4B	5.7B
Gross Profit	2.8B	5.2B	4.9B	3.5B	3.5B	2.4B
Operating Income	5.1B	4.9B	4.8B	3.4B	3.0B	1.9B
Ebitda	7.1B	7.1B	7.1B	5.4B	5.2B	2.7B
Total Other Income Expense Net	1.3B	430M	(191M)	(1.3B)	(164M)	(172.2M)
Net Income	4.0B	3.6B	3.3B	1.0B	1.3B	1.3B
Income Tax Expense	1.8B	1.3B	1.3B	664M	861M	437.4M
Depreciation And Amortization	2.0B	2.2B	2.1B	2.0B	2.0B	1.1B
Selling General Administrative	212M	185M	151M	159M	126M	215.5M
Other Operating Expenses	7.3B	8.1B	7.6B	8.0B	8.4B	5.1B
Ebit	5.1B	4.9B	5.0B	3.4B	3.2B	2.1B
Cost Of Revenue	6.9B	7.4B	7.1B	7.5B	7.9B	4.1B
Total Operating Expenses	400M	669M	555M	492M	487M	935.8M
Income Before Tax	6.4B	4.9B	4.6B	1.7B	2.8B	3.0B
Net Income From Continuing Ops	4.6B	3.6B	3.3B	1.0B	2.0B	2.1B
Net Income Applicable To Common Shares	4.0B	2.3B	2.0B	432M	496.8M	521.6M
Minority Interest	8.4B	8.4B	(1.3B)	(585M)	(681M)	(647.0M)
Tax Provision	1.8B	1.3B	1.3B	664M	861M	1.2B
Interest Income	392M	49M	308M	249M	21M	20.0M
Net Interest Income	(468M)	(332M)	(344M)	(236M)	(64M)	(67.2M)
Reconciled Depreciation	2.0B	2.2B	2.1B	2.0B	2.0B	2.1B

Pair Trading with Barrick Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barrick Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barrick Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Barrick Stock

0.78

ORE

Orezone Gold Corp

Pair Corr

Moving against Barrick Stock

0.83	FFH	Fairfax Financial	Pair Corr
0.76	WCN	Waste Connections	Pair Corr
0.67	CSU	Constellation Software	Pair Corr
0.62	FSV	FirstService Corp	Pair Corr
0.47	IFC	Intact Financial	Pair Corr

The ability to find closely correlated positions to Barrick Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barrick Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barrick Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barrick Gold Corp to buy it.

The correlation of Barrick Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barrick Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barrick Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Barrick Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Barrick

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Is Barrick Stock a good investment?

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What is Barrick Gold's Net Worth?

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You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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.

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Barrick Historical Income Statement

About Barrick Income Statement Analysis

Barrick Gold Income Statement Chart

Gross Profit

Operating Income

Barrick Gold income statement Correlations

Barrick Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Barrick Gold income statement Accounts

Pair Trading with Barrick Gold

Moving together with Barrick Stock

Moving against Barrick Stock

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Ebit	+ 1.0	Operating Income
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 0.98	Ebitda
Income Before Tax	+ 0.98	Net Income
Ebitda	+ 0.97	Operating Income
Cost Of Revenue	+ 0.94	Depreciation And Amortization

Net Interest Income	- 0.95	Interest Income
Tax Provision	- 0.92	Non Recurring
Non Recurring	- 0.89	Net Income From Continuing Ops
Extraordinary Items	- 0.88	Selling And Marketing Expenses
Reconciled Depreciation	- 0.83	Interest Income
Research Development	- 0.82	Total Operating Expenses