KINROSS GOLD CVR 02/24/32 (KGCRF) Financials

KGCRF

FY2025 annual

Revenue $7.1B +36.9% YoY

Net Income $2.5B +148.5% YoY

Free Cash Flow $2.6B +87.2% YoY

Operating Cash Flow $3.8B +53.7% YoY

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Mar 26, 2026 Currency USD FYE December

Newest figures come from the 10-K for FY2025, filed Mar 26, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KGCRF SEC filings page.

KINROSS GOLD CVR 02/24/32 (KGCRF) reported $7.1B in revenue for fiscal year 2025, up 36.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI KGCRF FY2025 2026-09-05

Kinross’s dominant mechanic is a rising cash harvest: stronger profitability is funding reinvestment while reducing financial leverage.

FY2025 paired a 35.0% net margin with a 36.4% free-cash-flow margin, indicating that reported earnings were translating into cash rather than being trapped in working capital. Operating cash flow was 1.5x net income, while free cash flow remained positive after capital spending; together, those measures point to cash generation funding the business, not merely reflecting non-cash accounting gains.

Balance-sheet expansion was equity-led: total assets reached $12.4B while total liabilities stood at $3.7B, leaving liabilities smaller relative to the enlarged equity base. Debt-to-equity fell from 0.2x in FY2024 to 0.1x in FY2025, showing that stronger earnings coincided with deleveraging rather than balance-sheet-funded growth.

Reinvestment is meaningful but not consuming the cash engine: FY2025 capital expenditures were $1.2B, equivalent to 31.8% of operating cash flow. After that spending, free cash flow represented 36.4% of revenue, allowing asset investment alongside dividends and financing outflows.

Financial Health Signals

Financial health score not available

KINROSS GOLD CVR 02/24/32 does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

8/8

KINROSS GOLD CVR 02/24/32 passes 8 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.52x

For every $1 of reported earnings, KINROSS GOLD CVR 02/24/32 generates $1.52 in operating cash flow ($3.8B OCF vs $2.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt

$1.7B

YoY+184.9%

QoQ+184.9%

KINROSS GOLD CVR 02/24/32 held $1.7B in cash against $738.2M in long-term debt as of Q4 2025.

Shares Outstanding

1.20B

YoY-2.4%

QoQ-2.4%

KINROSS GOLD CVR 02/24/32 had 1.20B shares outstanding in Q4 2025. This represents a decrease of 2.4% from the same quarter a year earlier. Against the prior quarter it is down 2.4%.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

KGCRF Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KGCRF quarterly income statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Revenue	$7.1B+36.9%	$5.1B+21.4%	$4.2B+22.7%	$3.5B+32.9%	$2.6B-38.3%	$4.2B+20.5%	$3.5B+8.9%	$3.2B-2.7%	$3.3B	N/A
Interest Expense	$81.8M+62.0%	$50.5M-26.8%	$69.0M+1.2%	$68.2M-4.7%	$71.6M-20.1%	$89.6M+16.5%	$76.9M+6.7%	$72.1M-16.6%	$86.5M-13.8%	$100.4M
Income Tax	$724.7M+48.7%	$487.4M+66.2%	$293.2M+285.3%	$76.1M-33.8%	$115.0M-73.9%	$439.8M+78.3%	$246.7M+77.7%	$138.8M+698.3%	-$23.2M-146.8%	$49.6M
Net Income	$2.5B+148.5%	$994.0M+139.3%	$415.4M+168.6%	-$605.7M-377.0%	$218.7M-83.9%	$1.4B+89.5%	$717.1M+2901.2%	-$25.6M-105.8%	$442.2M+505.3%	-$109.1M
EPS (Basic)	N/A	N/A	$0.34+1600.0%	$0.02+200.0%	-$0.02	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	$0.34+1600.0%	$0.02+200.0%	-$0.02	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	1.22B-0.8%	1.23B-0.2%	1.24B-4.3%	1.29B+2.7%	1.26B-0.7%	1.27B+0.4%	1.26B+1.0%	1.25B-0.6%	1.26B+2.4%	1.23B

Metric	Q4'2510-K	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q4'1910-K	Q4'1810-K

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

KGCRF Balance Sheet

KGCRF quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Total Assets	$12.4B+14.2%	$10.9B+3.1%	$10.5B+1.4%	$10.4B-0.3%	$10.4B-4.6%	$10.9B+20.5%	$9.1B+12.6%	$8.1B-1.1%	$8.2B+2.2%	$8.0B
Current Assets	$3.3B+54.6%	$2.1B+18.0%	$1.8B-2.7%	$1.9B-4.9%	$1.9B-20.4%	$2.4B+34.3%	$1.8B+14.2%	$1.6B-30.1%	$2.3B+9.8%	$2.1B
Cash & Equivalents	$1.7B+184.9%	$611.5M+73.5%	$352.4M-15.7%	$418.1M-21.3%	$531.5M-56.1%	$1.2B+110.6%	$575.1M+64.8%	$349.0M-66.0%	$1.0B+24.0%	$827.0M
Inventory	$1.4B+10.2%	$1.2B+7.8%	$1.2B+7.5%	$1.1B-6.9%	$1.2B+7.3%	$1.1B+1.8%	$1.1B+0.2%	$1.1B-3.9%	$1.1B+10.9%	$986.8M
Accounts Receivable	$30.5M-42.0%	$52.6M-10.1%	$58.5M-81.6%	$318.2M+48.3%	$214.5M+85.2%	$115.8M-15.7%	$137.4M+35.5%	$101.4M+11.1%	$91.3M-28.3%	$127.3M
Goodwill	N/A	N/A	N/A	N/A	$158.8M0.0%	$158.8M0.0%	$158.8M-2.4%	$162.7M0.0%	$162.7M0.0%	$162.7M
Total Liabilities	$3.7B-3.8%	$3.9B-11.3%	$4.4B-3.5%	$4.5B+19.5%	$3.8B-11.5%	$4.3B+14.1%	$3.7B+5.9%	$3.5B0.0%	$3.5B-6.8%	$3.8B
Current Liabilities	$1.4B+32.0%	$1.1B+54.6%	$685.5M-8.8%	$751.5M+1.4%	$741.4M-45.0%	$1.3B+119.1%	$615.5M+0.5%	$612.4M+4.6%	$585.3M-8.2%	$637.7M
Non-Current Liabilities	$2.3B-17.4%	$2.8B-23.6%	$3.7B-2.4%	$3.8B+23.9%	$3.0B+3.9%	$2.9B-6.6%	$3.1B+7.0%	$2.9B-1.0%	$3.0B-6.5%	$3.2B
Long-Term Debt	$738.2M-48.6%	$1.4B+8102.3%	$17.5M-24.2%	$23.1M-34.2%	$35.1M-24.2%	$46.3M+19.0%	$38.9M+9.3%	$35.6M-97.9%	$1.7B0.0%	$1.7B
Total Equity	$8.7B+24.2%	$7.0B+13.2%	$6.2B+5.2%	$5.9B-11.5%	$6.6B-0.2%	$6.7B+24.9%	$5.3B+17.8%	$4.5B-2.0%	$4.6B+10.4%	$4.2B
Retained Earnings	-$5.9B+27.4%	-$8.2B+8.9%	-$9.0B+2.9%	-$9.3B-8.9%	-$8.5B+0.8%	-$8.6B+12.9%	-$9.8B+6.8%	-$10.5B+0.3%	-$10.6B+4.0%	-$11.0B

Metric	Q4'2510-K	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q4'1910-K	Q4'1810-K
Total Assets	$12.4B+14.2%	$10.9B+3.1%	$10.5B+1.4%	$10.4B-0.3%	$10.4B-4.6%	$10.9B+20.5%	$9.1B+12.6%	$8.1B-1.1%
Current Assets	$3.3B+54.6%	$2.1B+18.0%	$1.8B-2.7%	$1.9B-4.9%	$1.9B-20.4%	$2.4B+34.3%	$1.8B+14.2%	$1.6B-30.1%
Cash & Equivalents	$1.7B+184.9%	$611.5M+73.5%	$352.4M-15.7%	$418.1M-21.3%	$531.5M-56.1%	$1.2B+110.6%	$575.1M+64.8%	$349.0M-66.0%
Inventory	$1.4B+10.2%	$1.2B+7.8%	$1.2B+7.5%	$1.1B-6.9%	$1.2B+7.3%	$1.1B+1.8%	$1.1B+0.2%	$1.1B-3.9%
Accounts Receivable	$30.5M-42.0%	$52.6M-10.1%	$58.5M-81.6%	$318.2M+48.3%	$214.5M+85.2%	$115.8M-15.7%	$137.4M+35.5%	$101.4M+11.1%
Goodwill	N/A	N/A	N/A	N/A	$158.8M0.0%	$158.8M0.0%	$158.8M-2.4%	$162.7M0.0%
Total Liabilities	$3.7B-3.8%	$3.9B-11.3%	$4.4B-3.5%	$4.5B+19.5%	$3.8B-11.5%	$4.3B+14.1%	$3.7B+5.9%	$3.5B0.0%
Current Liabilities	$1.4B+32.0%	$1.1B+54.6%	$685.5M-8.8%	$751.5M+1.4%	$741.4M-45.0%	$1.3B+119.1%	$615.5M+0.5%	$612.4M+4.6%
Non-Current Liabilities	$2.3B-17.4%	$2.8B-23.6%	$3.7B-2.4%	$3.8B+23.9%	$3.0B+3.9%	$2.9B-6.6%	$3.1B+7.0%	$2.9B-1.0%
Long-Term Debt	$738.2M-48.6%	$1.4B+8102.3%	$17.5M-24.2%	$23.1M-34.2%	$35.1M-24.2%	$46.3M+19.0%	$38.9M+9.3%	$35.6M-97.9%
Total Equity	$8.7B+24.2%	$7.0B+13.2%	$6.2B+5.2%	$5.9B-11.5%	$6.6B-0.2%	$6.7B+24.9%	$5.3B+17.8%	$4.5B-2.0%
Retained Earnings	-$5.9B+27.4%	-$8.2B+8.9%	-$9.0B+2.9%	-$9.3B-8.9%	-$8.5B+0.8%	-$8.6B+12.9%	-$9.8B+6.8%	-$10.5B+0.3%

Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.

KGCRF Cash Flow Statement

KGCRF quarterly cash flow statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Operating Cash Flow	$3.8B+53.7%	$2.4B+52.4%	$1.6B	N/A	$1.1B-42.0%	$2.0B+59.8%	$1.2B+55.3%	$788.7M-17.1%	$951.6M-13.4%	$1.1B
Depreciation & Amortization	$1.1B-3.7%	$1.1B+16.3%	$986.8M+25.9%	$784.0M+12.7%	$695.7M-17.4%	$842.3M+15.2%	$731.3M-5.3%	$772.4M-5.7%	$819.4M-4.2%	$855.0M
Capital Expenditures	$1.2B+11.0%	$1.1B-2.1%	$1.1B+43.7%	$764.2M-7.0%	$821.7M-10.3%	$916.1M-13.6%	$1.1B+1.6%	$1.0B+16.2%	$897.6M+41.6%	$633.8M
Free Cash Flow	$2.6B+87.2%	$1.4B+170.4%	$507.0M	N/A	$313.5M-69.9%	$1.0B+532.4%	$164.7M+164.7%	-$254.7M-571.7%	$54.0M-88.4%	$465.4M
Investing Cash Flow	N/A	N/A	N/A	N/A	-$1.2B+4.5%	-$1.2B-21.7%	-$1.0B+26.0%	-$1.4B-101.8%	-$687.2M+45.9%	-$1.3B
Financing Cash Flow	-$1.6B-61.8%	-$1.0B-83.2%	-$549.0M	N/A	-$623.2M-820.5%	-$67.7M-369.7%	$25.1M+134.6%	-$72.6M-5.2%	-$69.0M-42.9%	-$48.3M
Dividends Paid	$152.1M+3.1%	$147.5M+0.1%	$147.3M-4.4%	$154.0M+1.9%	$151.1M+100.1%	$75.5M	N/A	N/A	N/A	N/A

Metric	Q4'2510-K	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q4'1910-K	Q4'1810-K

Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.

KGCRF Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KGCRF quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Net Margin	35.0%+15.7pp	19.3%+9.5pp	9.8%+27.3pp	-17.5%-25.9pp	8.4%-23.8pp	32.3%+11.8pp	20.5%+21.3pp	-0.8%-14.2pp	13.4%	N/A
Return on Equity	28.4%+14.2pp	14.2%+7.5pp	6.7%+17.0pp	-10.3%-13.6pp	3.3%-17.1pp	20.4%+6.9pp	13.5%+14.0pp	-0.6%-10.1pp	9.6%+12.2pp	-2.6%
Return on Assets	19.9%+10.8pp	9.2%+5.2pp	3.9%+9.8pp	-5.8%-7.9pp	2.1%-10.3pp	12.4%+4.5pp	7.9%+8.2pp	-0.3%-5.7pp	5.4%+6.8pp	-1.4%
Current Ratio	2.35+0.3x	2.01-0.6x	2.63+0.2x	2.47-0.2x	2.63+0.8x	1.82-1.1x	2.96+0.4x	2.61-1.3x	3.90+0.6x	3.26
Debt-to-Equity	0.08-0.1x	0.20+0.2x	0.000.0x	0.000.0x	0.010.0x	0.010.0x	0.010.0x	0.01-0.4x	0.380.0x	0.41
Asset Turnover	0.57+0.1x	0.47+0.1x	0.40+0.1x	0.33+0.1x	0.25-0.1x	0.390.0x	0.390.0x	0.400.0x	0.40	N/A
FCF Margin	36.4%+9.8pp	26.6%+14.7pp	12.0%	N/A	12.1%-12.7pp	24.7%+20.0pp	4.7%+12.6pp	-7.9%-9.6pp	1.6%	N/A

Metric	Q4'2510-K	Q4'2410-K	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q4'2010-K	Q4'1910-K	Q4'1810-K
Current Ratio	2.35+0.3x	2.01-0.6x	2.63+0.2x	2.47-0.2x	2.63+0.8x	1.82-1.1x	2.96+0.4x	2.61-1.3x
Debt-to-Equity	0.08-0.1x	0.20+0.2x	0.000.0x	0.000.0x	0.010.0x	0.010.0x	0.010.0x	0.01-0.4x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

Where KINROSS GOLD CVR 02/24/32 Ranks

Frequently Asked Questions

What is KINROSS GOLD CVR 02/24/32's annual revenue?

KINROSS GOLD CVR 02/24/32 (KGCRF) reported $7.1B in total revenue for fiscal year 2025. This represents a 36.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is KINROSS GOLD CVR 02/24/32's revenue growing?

KINROSS GOLD CVR 02/24/32 (KGCRF) revenue grew by 36.9% year-over-year, from $5.1B to $7.1B in fiscal year 2025.

Is KINROSS GOLD CVR 02/24/32 profitable?

Yes, KINROSS GOLD CVR 02/24/32 (KGCRF) reported a net income of $2.5B in fiscal year 2025, with a net profit margin of 35.0%.

How much debt does KINROSS GOLD CVR 02/24/32 have?

As of fiscal year 2025, KINROSS GOLD CVR 02/24/32 (KGCRF) had $1.7B in cash and equivalents against $738.2M in long-term debt.

What is KINROSS GOLD CVR 02/24/32's net profit margin?

KINROSS GOLD CVR 02/24/32 (KGCRF) had a net profit margin of 35.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is KINROSS GOLD CVR 02/24/32's return on equity (ROE)?

KINROSS GOLD CVR 02/24/32 (KGCRF) has a return on equity of 28.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is KINROSS GOLD CVR 02/24/32's free cash flow?

KINROSS GOLD CVR 02/24/32 (KGCRF) generated $2.6B in free cash flow during fiscal year 2025. This represents a 87.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is KINROSS GOLD CVR 02/24/32's operating cash flow?

KINROSS GOLD CVR 02/24/32 (KGCRF) generated $3.8B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are KINROSS GOLD CVR 02/24/32's total assets?

KINROSS GOLD CVR 02/24/32 (KGCRF) had $12.4B in total assets as of fiscal year 2025, including both current and long-term assets.

What are KINROSS GOLD CVR 02/24/32's capital expenditures?

KINROSS GOLD CVR 02/24/32 (KGCRF) invested $1.2B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does KINROSS GOLD CVR 02/24/32 have outstanding?

KINROSS GOLD CVR 02/24/32 (KGCRF) had 1.20B shares outstanding as of fiscal year 2025.

What is KINROSS GOLD CVR 02/24/32's current ratio?

KINROSS GOLD CVR 02/24/32 (KGCRF) had a current ratio of 2.35 as of fiscal year 2025, which is generally considered healthy.

What is KINROSS GOLD CVR 02/24/32's debt-to-equity ratio?

KINROSS GOLD CVR 02/24/32 (KGCRF) had a debt-to-equity ratio of 0.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is KINROSS GOLD CVR 02/24/32's return on assets (ROA)?

KINROSS GOLD CVR 02/24/32 (KGCRF) had a return on assets of 19.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is KINROSS GOLD CVR 02/24/32's Piotroski F-Score?

KINROSS GOLD CVR 02/24/32 (KGCRF) has a Piotroski F-Score of 8 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are KINROSS GOLD CVR 02/24/32's earnings high quality?

KINROSS GOLD CVR 02/24/32 (KGCRF) has an earnings quality ratio of 1.52x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.