KGC financial statements

The full income statement, balance sheet, and cash-flow statement for Kinross Gold Corporation (KGC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2018-12 1.25B2019-12 1.25B2020-12 1.26B2021-12 1.24B2022-12 1.22B2023-12 1.23B2024-12 1.23B2025-09 1.20B2025-12 1.20B-4.0% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	7.05B YoY+36.9%	5.15B YoY+21.4%	4.24B YoY+22.7%	3.46B YoY+32.9%	2.60B YoY-38.3%
	3.72B YoY+97.8%	1.88B YoY+62.0%	1.16B YoY+125.0%	515M YoY-4.7%	541M YoY-76.4%
Cost of revenue	3.34B YoY+2.0%	3.27B YoY+6.2%	3.08B YoY+4.8%	2.94B YoY+42.8%	2.06B YoY+7.4%
Operating income	3.28B YoY+112.8%	1.54B YoY+92.2%	801M YoY+580.9%	118M YoY+63.2%	72.1M YoY-96.2%
Interest expense	131M YoY+43.7%	91.4M YoY-13.8%	106M YoY+13.1%	93.7M YoY+14.0%	82.2M YoY-27.0%
Pre-tax income	3.19B YoY+115.7%	1.48B YoY+109.1%	709M YoY+564.1%	107M YoY+26.6%	84.3M YoY-95.3%
Income tax	725M YoY+48.7%	487M YoY+66.2%	293M YoY+285.3%	76.1M YoY-33.8%	115M YoY-73.9%
	2.47B YoY+148.5%	994M YoY+139.3%	415M YoY+168.6%	-606M YoY-377.0%	219M YoY-83.9%
Net income to common	2.39B YoY+151.9%	949M YoY+127.9%	416M YoY+168.8%	-605M YoY-373.6%	221M YoY-83.5%
	$1.95 YoY+153.2%	$0.77 YoY+126.5%	$0.34 YoY+172.3%	-$0.47 YoY-376.5%	$0.17 YoY-84.0%
EPS (basic)	$1.96 YoY+154.5%	$0.77 YoY+126.5%	$0.34 YoY+172.3%	-$0.47 YoY-361.1%	$0.18 YoY-83.2%
	1.22B YoY-0.8%	1.23B YoY+0.2%	1.23B YoY-4.2%	1.28B YoY+1.7%	1.26B YoY+0.2%
	1.22B YoY-0.8%	1.23B YoY-0.2%	1.24B YoY-4.3%	1.29B YoY+2.7%	1.26B YoY-0.7%
Dividends per share	$0.13 YoY+5.6%	$0.12 YoY+0.0%	$0.12 YoY-4.8%	$0.13 YoY+5.0%	$0.12 YoY+300.0%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.29B YoY+54.6%	2.13B YoY+18.0%	1.80B YoY-2.7%	1.85B YoY-4.9%	1.95B YoY-20.4%
Cash & equivalents	1.74B YoY+184.9%	612M YoY+73.5%	352M YoY-15.7%	418M YoY-21.3%	532M YoY-56.1%
Accounts receivable	30.5M YoY-42.0%	52.6M YoY-10.1%	58.5M YoY-81.6%	318M YoY+48.3%	215M YoY+85.2%
Inventory	1.37B YoY+10.2%	1.24B YoY+7.8%	1.15B YoY+7.5%	1.07B YoY-6.9%	1.15B YoY+7.3%
	12.4B YoY+14.2%	10.9B YoY+3.1%	10.5B YoY+1.4%	10.4B YoY-0.3%	10.4B YoY-4.6%
Property, plant & equipment	8.29B YoY+4.0%	7.97B YoY+0.1%	7.96B YoY+2.9%	7.74B YoY+1.6%	7.62B YoY-0.5%
Goodwill	—	—	—	—	159M YoY+0.0%
	1.40B YoY+32.0%	1.06B YoY+54.6%	686M YoY-8.8%	752M YoY+1.4%	741M YoY-45.0%
Short-term & current debt	—	200M	—	36.0M YoY-10.0%	40.0M YoY-92.0%
	3.72B YoY-3.8%	3.87B YoY-11.3%	4.36B YoY-3.5%	4.51B YoY+19.5%	3.78B YoY-11.5%
Long-term debt	738M YoY-40.3%	1.24B YoY-44.7%	2.23B YoY-12.7%	2.56B YoY+60.8%	1.59B YoY+11.6%
	8.58B YoY+25.0%	6.86B YoY+12.8%	6.08B YoY+4.5%	5.82B YoY-11.5%	6.58B YoY-0.2%
Total equity incl. non-controlling	8.69B YoY+24.2%	7.00B YoY+13.2%	6.19B YoY+5.2%	5.88B YoY-11.5%	6.65B YoY-0.2%
	1.20B YoY-2.4%	1.23B YoY+0.1%	1.23B YoY+0.5%	1.22B YoY-1.8%	1.24B YoY-1.1%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.76B YoY+53.7%	2.45B YoY+52.4%	1.61B	—	1.14B YoY-42.0%
Depreciation & amortization	1.10B YoY-3.7%	1.15B YoY+16.3%	987M YoY+25.9%	784M YoY+12.7%	696M YoY-17.4%
Acquisitions	0.00	0.00	0.00	—	0.00
Long-term debt issued	0.00	0.00 YoY-100.0%	588M YoY-54.7%	1.30B YoY+548.8%	200M YoY-78.9%
Long-term debt repaid	700M YoY-12.5%	800M YoY-16.7%	960M YoY+182.4%	340M YoY-32.0%	500M YoY-41.2%
Common stock issued	0.00	0.00	0.00	—	0.00
Common stock repurchased	0.00	0.00	0.00	—	0.00
Dividends paid	152M YoY+3.1%	148M YoY+0.1%	147M YoY-4.4%	154M YoY+1.9%	151M YoY+100.1%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	33.8B YoY+196.5%	11.4B YoY+54.1%	7.39B YoY+45.3%	5.09B YoY-29.6%	7.23B YoY-21.7%
P/E	13.7× YoY+19.3%	11.5×	—	23.3× YoY-29.6%	33.1× YoY+386.3%
P/S	4.8× YoY+116.5%	2.2× YoY+3.4%	2.1× YoY+9.3%	2.0× YoY-29.6%	2.8× YoY+26.9%
P/B	3.9× YoY+137.3%	1.7× YoY+30.8%	1.3× YoY+64.1%	0.8× YoY-29.6%	1.1× YoY-21.5%
	7.3% YoY-16.2%	8.7%	—	4.3% YoY+42.1%	3.0% YoY-79.4%
	0.45% YoY-65.2%	1.3% YoY-34.7%	2.0% YoY-35.7%	3.1% YoY+49.2%	2.1% YoY+405.3%
Source filing	40-F	40-F	40-F	40-F	40-F

About this data

Source: KGC's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all KGC filings on SEC EDGAR → Not investment advice.