Barrick Mining Valuation Multiples

Barrick Mining Overview

About Barrick Mining

Based in Toronto, Barrick is one of the world's largest gold miners. In 2025, the firm sold about 3.3 million attributable ounces of gold and about 220,000 metric tons of copper. At end-2025, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure, driven by the expansion of its Lumwana mine in Zambia and the development of its Reko Diq copper and gold project in Pakistan. It intends to undertake an IPO of its joint venture stakes in Nevada Gold Mines and Pueblo Viejo along with its Fourmile deposit later in 2026.

Founded

1984

HQ

Employees

26.8K

Website

barrick.com

Sectors

MachineryAircraft & Space SystemsIndustrial Parts

Financials (LTM)

Revenue: $18B

EBITDA: $12B

EV

$83B

Valuation Multiples

Multiples.vc

Start free trial

Barrick Mining Financials

Barrick Mining reported last 12-month revenue of $18B and EBITDA of $12B.

In the same LTM period, Barrick Mining generated $12B in gross profit, $12B in EBITDA, and $5B in net income.

Barrick Mining P&L

In the most recent fiscal year, Barrick Mining reported revenue of $17B and EBITDA of $11B.

Barrick Mining expects next 12-month revenue of XXX and NTM EBITDA of XXX

Barrick Mining Stock Performance

Barrick Mining has current market cap of $85B, and enterprise value of $83B.

Barrick Mining's stock price is $50.60.

Barrick Mining Valuation Multiples

Barrick Mining trades at 4.5x EV/Revenue multiple, and 6.8x EV/EBITDA.

Barrick Mining Financial Valuation Multiples

As of April 4, 2026, Barrick Mining has market cap of $85B and EV of $83B.

Equity research analysts estimate Barrick Mining's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Barrick Mining has a P/E ratio of 18.0x.

Barrick Mining Margins & Growth Rates

Barrick Mining's revenue in the last 12 month grew by 28%.

Barrick Mining's revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.0M for the same period.

Barrick Mining's rule of 40 is 103% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Barrick Mining's rule of X is 155% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Barrick Mining Public Comps

See public comps and valuation multiples for other Machinery and Aircraft & Space Systems comps.

Barrick Mining M&A Activity

Barrick Mining acquired XXX companies to date.

Last acquisition by Barrick Mining was on XXXXXXXX, XXXXX. Barrick Mining acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Barrick Mining Investment Activity

Barrick Mining invested in XXX companies to date.

Barrick Mining made its latest investment on XXXXXXXX, XXXXX. Barrick Mining invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).