Last 48 quarters of trend data · Basic Materials · Gold
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Kinross Gold Corporation's quarterly P/E stands at 11.1x, up 5.3% year-over-year. EV/EBITDA has expanded 18.4% YoY to 5.5x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 13.40 | 11.07 | 9.26 | 13.22 | 9.09 | 10.51 | 10.53 | 8.07 | 12.24 | 17.84 | 27.65 | 13.03 | 9.94 |
| — | +5.3% | -12.1% | +63.8% | -25.7% | -41.1% | -61.9% | -38.1% | +23.1% | +10.5% | — | -31.5% | — | |
| P/S Ratio | 4.45 | 3.87 | 4.14 | 4.25 | 2.78 | 2.60 | 2.01 | 2.02 | 2.11 | 1.76 | 1.67 | 1.28 | 1.35 |
| — | +49.0% | +105.9% | +110.8% | +32.1% | +48.0% | +20.2% | +57.6% | +55.7% | +12.0% | +40.1% | -11.1% | -4.5% | |
| P/B Ratio | 3.76 | 3.98 | 3.92 | 3.75 | 2.50 | 2.12 | 1.63 | 1.70 | 1.59 | 1.21 | 1.21 | 0.92 | 0.97 |
| — | +87.4% | +140.8% | +120.4% | +56.7% | +74.9% | +34.1% | +85.2% | +64.0% | +24.1% | +38.7% | +15.4% | +32.4% | |
| P/FCF | 12.44 | 11.01 | 10.39 | 11.23 | 7.00 | 9.99 | 6.28 | 6.35 | 7.78 | 14.33 | 18.76 | 11.48 | 5.99 |
| — | +10.1% | +65.5% | +76.8% | -10.0% | -30.3% | -66.5% | -44.7% | +30.0% | -62.8% | +129.6% | — | -69.9% | |
| EV / EBITDA | 7.25 | 5.55 | 6.51 | 7.06 | 4.65 | 4.69 | 3.89 | 3.78 | 4.98 | 5.08 | 5.03 | 3.88 | 4.15 |
| — | +18.4% | +67.5% | +86.5% | -6.5% | -7.8% | -22.7% | -2.5% | +19.8% | -10.5% | -74.9% | -34.0% | -38.3% | |
| EV / EBIT | 9.99 | 6.75 | 8.39 | 8.78 | 6.44 | 7.33 | 6.01 | 5.94 | 9.92 | 12.60 | 13.75 | 8.22 | 8.72 |
| — | -8.0% | +39.7% | +47.9% | -35.0% | -41.8% | -56.3% | -27.8% | +13.7% | -7.3% | — | -45.2% | -68.0% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Kinross Gold Corporation's operating margin was 55.1% in Q1 2026, up 7.1 pp QoQ and up 17.0 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 47.7% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 30.7% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 47.5% | 57.8% | 52.4% | 47.4% | 51.9% | 44.2% | 38.6% | 45.1% | 31.8% | 27.5% | 22.7% | 28.8% | 32.5% |
| — | +30.7% | +35.7% | +5.2% | +63.3% | +60.6% | +70.4% | +56.3% | -2.2% | +9.6% | +567.7% | +19.8% | +40.4% | |
| Operating Margin | 43.2% | 55.1% | 48.0% | 42.8% | 44.8% | 38.1% | 35.4% | 38.2% | 24.5% | 17.9% | 17.3% | 20.5% | 21.8% |
| — | +44.6% | +35.5% | +11.9% | +83.3% | +113.2% | +104.1% | +86.4% | +12.4% | +15.4% | +216.6% | +57.9% | +179.4% | |
| Net Margin | 33.9% | 35.0% | 44.8% | 32.5% | 30.7% | 24.6% | 19.5% | 24.8% | 17.3% | 9.9% | 5.9% | 10.0% | 13.8% |
| — | +42.5% | +130.2% | +30.8% | +77.5% | +148.4% | +232.1% | +149.3% | +25.1% | +1.9% | +159.5% | +31.3% | +381.8% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 31.0% | 9.3% | 11.0% | 7.3% | 7.1% | 5.1% | 4.0% | 5.4% | 3.3% | 1.7% | 1.1% | 1.8% | 2.5% |
| — | +80.6% | +174.7% | +36.5% | +112.6% | +197.9% | +275.9% | +199.1% | +32.3% | +13.1% | +160.6% | +73.3% | +497.2% | |
| ROA | 20.9% | 6.6% | 7.5% | 4.9% | 4.7% | 3.4% | 2.6% | 3.3% | 2.0% | 1.0% | 0.6% | 1.0% | 1.4% |
| — | +94.7% | +194.4% | +47.4% | +137.5% | +231.6% | +310.3% | +219.2% | +38.7% | +17.9% | +161.2% | +71.8% | +492.8% | |
| ROIC | 29.9% | 12.7% | 9.7% | 7.4% | 7.4% | 5.5% | 4.8% | 5.1% | 2.8% | 1.8% | 1.8% | 2.1% | 2.2% |
| — | +132.4% | +103.3% | +44.8% | +167.0% | +203.5% | +164.2% | +145.2% | +27.1% | +35.7% | +222.2% | +107.0% | +287.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Kinross Gold Corporation's Debt/EBITDA ratio is 0.5x, down from 0.6x last quarter — comfortably within a safe range. The current ratio has improved 5.2% YoY to 2.84x, strengthening the short-term liquidity position. Debt/Equity has declined for 12 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.09 | 0.08 | 0.09 | 0.16 | 0.16 | 0.17 | 0.21 | 0.25 | 0.32 | 0.36 | 0.37 | 0.40 | 0.41 |
| — | -52.4% | -56.8% | -37.8% | -49.4% | -53.1% | -43.2% | -37.0% | -22.9% | -21.8% | -18.6% | -3.0% | -1.8% | |
| Debt / EBITDA | 0.18 | 0.47 | 0.61 | 1.19 | 1.19 | 1.44 | 1.85 | 2.01 | 3.45 | 4.84 | 4.83 | 4.97 | 5.26 |
| — | -67.7% | -66.8% | -40.9% | -65.4% | -70.3% | -61.8% | -59.6% | -34.4% | -37.0% | -83.2% | -41.8% | -51.7% | |
| Current Ratio | 2.35 | 2.84 | 2.35 | 2.83 | 2.74 | 2.70 | 1.91 | 1.52 | 1.20 | 1.08 | 2.47 | 2.54 | 1.50 |
| — | +5.2% | +22.9% | +86.1% | +128.5% | +149.9% | -22.7% | -40.0% | -20.2% | -32.9% | +7.6% | -9.0% | -49.9% | |
| Quick Ratio | 1.37 | 1.83 | 1.37 | 1.68 | 1.35 | 1.10 | 0.74 | 0.54 | 0.44 | 0.38 | 0.79 | 0.89 | 0.54 |
| — | +66.1% | +85.4% | +209.3% | +203.2% | +189.3% | -6.4% | -39.0% | -17.2% | -36.8% | -9.3% | -17.9% | -68.0% | |
| Interest Coverage | 37.23 | 184.21 | 46.42 | 47.49 | 37.11 | 24.28 | 35.34 | 40.44 | 25.93 | 16.55 | 10.64 | 11.46 | 15.78 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying KGC stock.
Kinross Gold Corporation's current P/E is 13.4x. The average P/E over the last 4 quarters is 10.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Kinross Gold Corporation's current operating margin is 43.2%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Kinross Gold Corporation's business trajectory between earnings reports.