Kinross Gold Corporation, along with its various affiliates, is dedicated to acquiring, exploring, and developing gold deposits primarily across regions such as ...
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Est. EPS $0.68 · Revenue $2.20B · 6 analysts
Est. EPS $0.76 · Revenue $2.45B · 5 analysts
Est. EPS $2.81 · Revenue $9.53B · 11 analysts
Est. EPS $0.86 · Revenue $2.57B · 3 analysts
$0.15 per share
$0.15 per share
EPS $0.69 · Revenue $2.18B
EPS $0.69 · Revenue $2.37B
EPS $1.99 · Revenue $7.17B
EPS $0.47 · Revenue $1.78B
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $7.2B | +39.3% | -8.1% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $2.4B | +156.3% | -1.0% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +47.5% | +30.1% | -4.4% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +43.2% | +44.4% | -4.7% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +33.9% | +83.9% | +7.7% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $2.6B | +87.2% | -14.2% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +35.8% | +34.3% | -6.6% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 9.1% | -57.1% | -5.7% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.35x | +22.9% | +1.8% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $12.4B | +14.1% | +5.1% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 1.99 vs 1.74 | +14.4% | 0.69 vs 0.68 | +1.2% |
| Revenue Surprise | $7.2B vs $7.1B | +0.8% | $2.2B vs $2.2B | -0.9% |
Operator: Thank you for standing by, and welcome to the Kinross Gold Second Quarter 2026 Results Conference Call and Webcast. [Operator Instructions] Thank you. I'd now like to turn the call over to David Shaver, Executive Vice President. You may begin. David Shaver: Thank you, and good morning. In the room with us today on the call, we have Paul Rollinson, CEO; and from the Kinross senior leadership team, Andrea Freeborough; Claude Schimper; Will Dunford; Geoff Gold; and Bernard Wessels, our incoming Chief Operating Officer. For a complete discussion of the risks and uncertainties which may lead to actual results differing from estimates contained in our forward-looking information, please refer to: Page 3 of this presentation; our news release dated July 29, 2026; the MD&A for the period ending June 30, 2026; and our most recently filed AIF, all of which are available on our website. I will now turn the call over to Paul. J. Rollinson: Thanks, David, and thank you all for joining us. This morning, I will discuss our second quarter results, provide high-level updates from across our portfolio, comment on sustainability achievements and confirm our outlook. I will then hand the call back over to the team to provide further details. Before we begin discussing the quarter, I would like to highlight some changes to our senior leadership team. I'm pleased to announce the appointment of Bernard Wessels as Chief Operating Officer, succeeding Claude Schimper, who will be retiring later this year. Claude has been an integral part of Kinross for more than 16 years, including the past 5 years on our senior leadership team and 4 years as COO. During his tenure, he has led our operations with a steadfast commitment to safety, operational excellence and continuous improvement, helping to deliver meaningful and lasting benefits across the business. To ensure a seamless transition, Claude will remain with the company for a period of time, working closely with Bernard. On behalf of the Board and the entire Kinross team, I would like to thank Claude for his outstanding leadership and many contributions to the company and wish him all the best in his retirement. Bernard brings more than 25 years of mining experience, having held increasing senior operational and leadership roles at Sibanye-Stillwater, Harmony Gold, Anglo American Platinum JV, and most recently, Newmont. We are excited to welcome Bernard to Kinross and look forward to leveraging his extensive operational leadership. Turning now to our second quarter results. Following a strong Q1, we delivered a strong Q2, establishing an excellent first half and positioning us well to achieve our full year guidance. We continue to hold the line on costs and delivered strong operating margins. As a result, we delivered free cash flow of over $725 million in Q2 and over $1.5 billion in the first half of this year. Our business is in excellent shape, and our pipeline of growth projects, including Great Bear and …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
J. Paul Rollinson | Chief Executive Officer & Director | USD 3,843,628 | Male | 1962 | Active |
Geoffrey Gold | President | USD 1,901,341 | Male | — | Active |
Claude J. S. Schimper | Executive Vice President | USD 1,109,801 | Male | — | Active |
Andrea Susan Freeborough | Executive Vice President & Chief Financial Officer | USD 1,103,636 | Female | — | Active |
Ryan Latinovich | Executive Vice President of Corporate Development | USD 1,062,720 | Male | — | Active |
William D. Dunford | Executive VP & Chief Technical Officer | USD 782,531 | Male | — | Active |
Bernard Wessels | Chief Operating Officer | — | Male | — | Active |
Nicos Pfeiffer | Vice-President of Geology & Technical Evaluations | — | Male | — | Active |
Lucas R. Crosby | Senior Vice-President & General Counsel | — | Male | — | Active |
Laurence Davies | Senior Vice-President of Finance Operations | — | Male | — | Active |
Kathleen Grandy | Executive Vice President of Global Human Resources | — | Female | — | Active |
David C. Shaver | Executive VP of Investor Relations & Communications | — | Male | — | Active |
Kinross Gold NYSE: KGC reported second-quarter production of 492,000 gold equivalent ounces and attributable free cash flow of $727 million, as the company said it remains on track to meet its 2026 production, cost and capital-spending guidance.
Kinross Gold (KGC) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.44 per share a year ago.
Expected to contribute ~350,000 oz. of average annual productionLow AISC of ~$1,000/oz. and robust economics with estimated NPV of $4.3 billionPermitting, detailed engineering and execution planning advancing on plan
Disciplined cost management supports robust margins and over $725 million in free cash flowReturned ~40% of free cash flow to shareholders totalling over $600 million year-to-date Development pipeline on track and compelling Lobo-Marte update
TORONTO, July 29, 2026 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) (the “Company”) today announced that the Company's Board of Directors has declared a dividend of US$0.04 per common share for the second quarter of 2026.
