Stocks · Materials · Gold and Silver Ores

KINROSS GOLD CORP

KGC Clue Score89
Fiscal year ends December CIK 0000701818
$23.74 +1.71% Close, 9 Oct 2026
Price $23.74 +318.69% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Operating income0.05Net income−0.10EPS, diluted−0.08Fiscal year 2017Revenue3.30Operating income0.34Net income0.45EPS, diluted0.35Fiscal year 2018Revenue3.21 −2.7%Operating income0.20Net income−0.02 −105.3%EPS, diluted−0.02 −105.7%Fiscal year 2019Revenue3.50 +8.9%Operating income0.99Net income0.72EPS, diluted0.57Fiscal year 2020Revenue4.21 +20.5%Operating income1.90Net income1.34 +86.8%EPS, diluted1.06 +86.0%Fiscal year 2021Revenue2.60 −38.3%Operating income0.07Net income0.22 −83.5%EPS, diluted0.17 −84.0%Fiscal year 2022Revenue3.46 +32.9%Operating income0.12Net income−0.61 −373.6%EPS, diluted−0.47 −376.5%Fiscal year 2023Revenue4.24 +22.7%Operating income0.80Net income0.42EPS, diluted0.34Fiscal year 2024Revenue5.15 +21.4%Operating income1.54Net income0.95 +127.9%EPS, diluted0.77 +126.5%Fiscal year 2025Revenue7.05 +36.9%Operating income3.28Net income2.39 +151.9%EPS, diluted1.95 +153.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue n/a 3.30 3.21 3.50 4.21 2.60 3.46 4.24 5.15 7.05
Growth −2.7% +8.9% +20.5% −38.3% +32.9% +22.7% +21.4% +36.9%
Operating income 0.05 0.34 0.20 0.99 1.90 0.07 0.12 0.80 1.54 3.28
Net income −0.10 0.45 −0.02 0.72 1.34 0.22 −0.61 0.42 0.95 2.39
Growth −105.3% +86.8% −83.5% −373.6% +127.9% +151.9%
EPS, diluted −0.08 0.35 −0.02 0.57 1.06 0.17 −0.47 0.34 0.77 1.95
Growth −105.7% +86.0% −84.0% −376.5% +126.5% +153.2%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Fiscal year 2017Gross margin21.3%Operating margin10.2%Net margin13.5%Free cash flow margin1.6%Fiscal year 2018Gross margin18.0%Operating margin6.2%Net margin−0.7%Free cash flow margin−7.9%Fiscal year 2019Gross margin38.6%Operating margin28.3%Net margin20.5%Free cash flow margin4.7%Fiscal year 2020Gross margin54.5%Operating margin45.1%Net margin31.9%Free cash flow margin24.7%Fiscal year 2021Gross margin20.8%Operating margin2.8%Net margin8.5%Free cash flow margin12.1%Fiscal year 2022Gross margin14.9%Operating margin3.4%Net margin−17.5%Fiscal year 2023Gross margin27.4%Operating margin18.9%Net margin9.8%Free cash flow margin12.0%Fiscal year 2024Gross margin36.5%Operating margin29.9%Net margin18.4%Free cash flow margin26.6%Fiscal year 2025Gross margin52.7%Operating margin46.5%Net margin33.9%Free cash flow margin36.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin n/a 21.3% 18.0% 38.6% 54.5% 20.8% 14.9% 27.4% 36.5% 52.7%
Operating margin n/a 10.2% 6.2% 28.3% 45.1% 2.8% 3.4% 18.9% 29.9% 46.5%
Net margin n/a 13.5% −0.7% 20.5% 31.9% 8.5% −17.5% 9.8% 18.4% 33.9%
Free cash flow margin n/a 1.6% −7.9% 4.7% 24.7% 12.1% n/a 12.0% 26.6% 36.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow1.10Capital expenditure−0.63Free cash flow0.47Fiscal year 2017Operating cash flow0.95Capital expenditure−0.90Free cash flow0.05 −88.4%Fiscal year 2018Operating cash flow0.79Capital expenditure−1.04Free cash flow−0.25 −571.7%Fiscal year 2019Operating cash flow1.22Capital expenditure−1.06Free cash flow0.16Fiscal year 2020Operating cash flow1.96Capital expenditure−0.92Free cash flow1.04 +532.4%Fiscal year 2021Operating cash flow1.14Capital expenditure−0.82Free cash flow0.31 −69.9%Buybacks−0.10Fiscal year 2022Capital expenditure−0.76Buybacks−0.30Fiscal year 2023Operating cash flow1.61Capital expenditure−1.10Free cash flow0.51Fiscal year 2024Operating cash flow2.45Capital expenditure−1.08Free cash flow1.37 +170.4%Fiscal year 2025Operating cash flow3.76Capital expenditure−1.19Free cash flow2.57 +87.2%Buybacks−0.60
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 1.10 0.95 0.79 1.22 1.96 1.14 n/a 1.61 2.45 3.76
Capital expenditure −0.63 −0.90 −1.04 −1.06 −0.92 −0.82 −0.76 −1.10 −1.08 −1.19
Free cash flow 0.47 0.05 −0.25 0.16 1.04 0.31 n/a 0.51 1.37 2.57
Growth −88.4% −571.7% +532.4% −69.9% +170.4% +87.2%
Buybacks n/a n/a n/a n/a n/a −0.10 −0.30 n/a n/a −0.60

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.83Total debt1.73Net cash (debt)−0.91Shareholders’ equity4.15Debt to equity0.42Fiscal year 2017Cash1.03Total debt1.73Net cash (debt)−0.71Shareholders’ equity4.58Debt to equity0.38Fiscal year 2018Cash0.35Total debt1.74Net cash (debt)−1.39Shareholders’ equity4.51Debt to equity0.38Fiscal year 2019Cash0.58Total debt1.84Net cash (debt)−1.26Shareholders’ equity5.32Debt to equity0.35Fiscal year 2020Cash1.21Total debt1.92Net cash (debt)−0.71Shareholders’ equity6.60Debt to equity0.29Fiscal year 2021Cash0.53Total debt1.63Net cash (debt)−1.10Shareholders’ equity6.58Debt to equity0.25Fiscal year 2022Cash0.42Total debt2.59Net cash (debt)−2.17Shareholders’ equity5.82Debt to equity0.45Fiscal year 2023Cash0.35Total debt2.23Net cash (debt)−1.88Shareholders’ equity6.08Debt to equity0.37Fiscal year 2024Cash0.61Total debt1.44Net cash (debt)−0.82Shareholders’ equity6.86Debt to equity0.21Fiscal year 2025Cash1.74Total debt0.74Net cash (debt)1.00Shareholders’ equity8.58Debt to equity0.09
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.83 1.03 0.35 0.58 1.21 0.53 0.42 0.35 0.61 1.74
Total debt 1.73 1.73 1.74 1.84 1.92 1.63 2.59 2.23 1.44 0.74
Net cash (debt) −0.91 −0.71 −1.39 −1.26 −0.71 −1.10 −2.17 −1.88 −0.82 1.00
Shareholders’ equity 4.15 4.58 4.51 5.32 6.60 6.58 5.82 6.08 6.86 8.58
Debt to equity 0.42 0.38 0.38 0.35 0.29 0.25 0.45 0.37 0.21 0.09

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
1.10 0.95 0.79 1.22 1.96 1.14 n/a 1.61 2.45 3.76
Growth −13.4% −17.1% +55.3% +59.8% −42.0% +52.4% +53.7%
0.86 0.82 0.77 0.73 0.84 0.70 0.78 0.99 1.15 1.11
Investment
−0.63 −0.90 −1.04 −1.06 −0.92 −0.82 −0.76 −1.10 −1.08 −1.19
calc 0.47 0.05 −0.25 0.16 1.04 0.31 n/a 0.51 1.37 2.57
Growth −88.4% −571.7% +532.4% −69.9% +170.4% +87.2%
calc 0.38 0.04 −0.20 0.13 0.82 0.25 n/a 0.41 1.11 2.10
−1.27 −0.69 −1.39 −1.03 −1.25 −1.19 n/a n/a n/a n/a
Financing
−0.05 −0.07 −0.07 0.03 −0.07 −0.62 n/a −0.55 −1.01 −1.63
n/a n/a n/a n/a n/a −0.10 −0.30 n/a n/a −0.60

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.