Kinross Gold Corporation (TSX:K)

Kinross Gold Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	6,074	5,149	4,240	3,455	2,600	4,213
Revenue Growth (YoY)	34.40%	21.44%	22.71%	32.91%	-38.30%	20.48%
Cost of Revenue	2,263	2,197	2,093	1,913	1,314	1,764
Gross Profit	3,811	2,952	2,146	1,543	1,286	2,450
Selling, General & Admin	124.4	126.2	108.7	116.8	114.4	117.9
Other Operating Expenses	75.3	54.9	101.5	139.3	256.2	137.1
Operating Expenses	1,536	1,526	1,382	1,194	1,155	661.3
Operating Income	2,274	1,425	764.4	348.4	131.6	1,788
Interest Expense	-70.5	-50.5	-69	-68.2	-71.6	-89.6
Interest & Investment Income	21.4	18.2	40.5	18.3	10.8	4.3
Currency Exchange Gain (Loss)	-	-	-	-1.1	-	-7.3
Other Non Operating Income (Expenses)	-24.5	14.3	-27.3	-	2.3	2.7
EBT Excluding Unusual Items	2,201	1,407	708.6	297.4	73.1	1,698
Merger & Restructuring Charges	-	-	-	-13	-	-
Gain (Loss) on Sale of Assets	-	-	-	-14.3	-9.8	1.2
Asset Writedown	74.1	74.1	-	-243.2	-49.3	160.5
Other Unusual Items	-	-	-	-	-20.8	-72.4
Pretax Income	2,275	1,481	708.6	106.7	84.3	1,799
Income Tax Expense	648.2	487.4	293.2	76.1	115	439.8
Earnings From Continuing Operations	1,627	994	415.4	30.6	-30.7	1,359
Earnings From Discontinued Operations	-	-	-	-636.3	249.4	-
Net Income to Company	1,627	994	415.4	-605.7	218.7	1,359
Minority Interest in Earnings	-96.9	-45.2	0.9	0.5	2.5	-16.3
Net Income	1,530	948.8	416.3	-605.2	221.2	1,342
Net Income to Common	1,530	948.8	416.3	-605.2	221.2	1,342
Net Income Growth	210.26%	127.91%	-	-	-83.52%	86.81%
Shares Outstanding (Basic)	1,229	1,229	1,227	1,281	1,259	1,257
Shares Outstanding (Diluted)	1,234	1,235	1,237	1,293	1,259	1,268
Shares Change (YoY)	-0.05%	-0.18%	-4.34%	2.68%	-0.70%	0.45%
EPS (Basic)	1.25	0.77	0.34	-0.47	0.18	1.07
EPS (Diluted)	1.24	0.77	0.34	-0.47	0.18	1.06
EPS Growth	210.01%	126.95%	-	-	-83.43%	85.97%
Free Cash Flow	1,930	1,278	392.9	242.2	265.7	993.6
Free Cash Flow Per Share	1.56	1.03	0.32	0.19	0.21	0.78
Dividend Per Share	0.120	0.120	0.120	0.120	0.120	0.090
Dividend Growth	-	-	-	-	33.33%	-
Gross Margin	62.74%	57.33%	50.63%	44.65%	49.47%	58.14%
Operating Margin	37.44%	27.68%	18.03%	10.08%	5.06%	42.44%
Profit Margin	25.18%	18.43%	9.82%	-17.52%	8.51%	31.86%
Free Cash Flow Margin	31.78%	24.83%	9.27%	7.01%	10.22%	23.58%
EBITDA	3,440	2,601	1,774	1,138	805.7	2,109
EBITDA Margin	56.63%	50.52%	41.84%	32.93%	30.99%	50.06%
D&A For EBITDA	1,165	1,176	1,010	789.4	674.1	320.7
EBIT	2,274	1,425	764.4	348.4	131.6	1,788
EBIT Margin	37.44%	27.68%	18.03%	10.08%	5.06%	42.44%
Effective Tax Rate	28.50%	32.90%	41.38%	71.32%	136.42%	24.45%

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.