BUENAVENTURA MINING CO INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data BUENAVENTURA MINING CO INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2015	FY2017	FY2017	FY2018	FY2019	FY2019	FY2021	FY2022	FY2023	FY2024
Revenue	930	1,069	1,239	1,157	868	677	961	825	827	1,161
Cost of revenue	923	825	948	968	800	653	813	763	733	795
Gross profit	6.95	244	290	183	68.3	23.9	87.3	61.3	91.2	359
General and administrative	84.4	81.7	80.7	77.1	76.3	67.2	67.6	67.7	69.2	61.3
Operating income	-137	132	106	58.3	-54.4	-81.3	-66	-39	21.1	446
Interest expense	27.6	31.6	34.6	38.4	42.2	37.8	60.6	54.1	119	65.4
Interest income	11	6.83	5.52	9.69	6.05	2.41	5.95	14.4	9.06	12.5
Pre-tax income	-341	-255	92.7	27	-1.96	-58.1	101	124	82.5	573
Income tax	14.8	-53.5	-17.9	26.9	-25.6	25.4	-23.7	0.04	43	156
Income from continuing operations	-355	-309	74.8	0.15	23.6	-83.5	125	124	39.5	417
Net income to minority interests	-58.3	-4.32	3.61	1.79	-16.3	-14.6	1.27	0.39	12.8	13.6
Net income	-317	-323	60.8	-13.4	-12.2	-136	-264	603	19.9	403
EBITDA	-370	325	316	297	172	108	121	138	202	596
EPS, basic	-1.25	-1.27	0.24	-0.05	-0.05	-0.53	-1.04	2.37	0.08	1.59
EPS, diluted	-1.25	-1.27	0.24	-0.05	-0.05	-0.53	-1.04	2.37	0.08	1.59

Balance sheet

	FY2015	FY2017	FY2017	FY2018	FY2019	FY2019	FY2021	FY2022	FY2023	FY2024
Cash and equivalents	78.5	80.5	215	369	210	235	377	254	220	478
Receivables		269	314	212	288	231	240	222	240	257
Inventory		121	132	136	98	77.3	86.3	88.3	76.5	79.6
Total current assets		502	702	761	649	589	740	620	578	838
Property, plant and equipment	1,748	1,960	1,950	1,848	1,754	1,650	1,538	1,535
Lease right-of-use assets					6.19	7.18	5.34	12.8	11.8	6.57
Total assets	4,547	4,266	4,333	4,217	4,107	3,980	4,562	4,503	4,534	5,048
Accounts payable		273	233	188	166	196	260	248	294	367
Total current liabilities		445	521	399	565	360	845	380	442	480
Lease liabilities					3.81	4.23	1.68	9.31	8.23	5.65
Total liabilities	1,158	1,219	1,269	1,188	1,139	1,180	2,023	1,340	1,365	1,488
Total debt		272	273	271
Paid-in capital						0.79	0.79	0.79	0.79	0.79
Retained earnings		1,690	1,729	1,676	1,640	1,504	1,240	1,842	1,842	2,226
Shareholders' equity		2,821	2,848	2,808	2,772	2,627	2,368	3,009	3,006	3,391
Minority interests	228	226	216	221	197	172	170	154	163	169
Total equity	3,389	3,047	3,064	3,028	2,968	2,800	2,539	3,163	3,169	3,560
Total liabilities and equity	4,547	4,266	4,333	4,217	4,107	3,980	4,562	4,503	4,534	5,048

Cash flow statement

	FY2015	FY2017	FY2017	FY2018	FY2019	FY2019	FY2021	FY2022	FY2023	FY2024
Net income	-376	-328	64.4	-11.7	-28.5	-150	-263	603	32.7	416
Depreciation and amortization	-233	193	210	239	226	190	187	177	181	151
Cash from operations	127	391	213	346	69.1	123	-233	41.7	227	486
Capital expenditures	-211	-367	-260	-111	-103	-71.5	-90.3	-152	-239	-338
Cash from investing	-342	-365	-138	-118	-106	-62.2	-86.3	206	-206	-118
Debt issued	345	201	341	95	55	18	50	0	49	0
Debt repaid	-90	-443	-300	-95	-95	-7.2	-65.8	-50	-49	0
Share buybacks	0	-1.21	0	0
Dividends paid	10.5	-15	-28.1	-28.4	-28.6	-5.14	-6.16	-21.2	-20.1	-25.8
Cash from financing	214	-24.5	59.6	-74.1	-123	-35.3	461	-371	-55.6	-109
Net change in cash	0.01	2.03	134	155	-159	25.4	142	-123	-34.1	259
Free cash flow	-84	24.6	-46.9	235	-33.6	51.3	-324	-110	-11.6	148
Interest paid	21.5	34.1	30.4	27.7	28.3	21.7	14.5	41.1	39.6	38.2
Income taxes paid	22.3	35.4	38.1	30.9	24.9

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $33.17 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	30.9%	Gross profit / revenue.
Operating margin	38.4%	Operating income / revenue.
EBITDA margin	51.4%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	49.4%	Pre-tax income / revenue.
Net margin	34.7%	Net income / revenue.
FCF margin	12.8%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	41.9%	Cash from operations / revenue.
Effective tax rate	27.2%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	12.6%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	8.4%	Net income / average total assets.
Return on invested capital (ROIC)	11.4%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Capex / revenue	29.1%	Capital expenditures / revenue.
D&A / revenue	13.0%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	40.4%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	6.5%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	6.0%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	293.7%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	60.2%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	39.4%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	2,010.0%	Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y	195.1%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	70.1%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	28.2%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	1,928.0%	Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y	1,888.0%	EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y	114.1%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 5y	47.7%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	12.8%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	12.7%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	4.1%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	11.3%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	3.4%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	4.2%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.75x	Current assets / current liabilities.
Quick ratio	1.53x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	1.00x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	29.5%	Total liabilities / total assets.
Interest coverage	6.81x	Operating income / interest expense.
Working capital	$358.6M	Current assets - current liabilities.
Tangible book value	$3.39B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.24x	Revenue / average total assets.
Inventory turnover	10.2x	Cost of revenue / average inventory.
Days inventory	36 days	365 x average inventory / cost of revenue.
Receivables turnover	4.67x	Revenue / average receivables.
Days sales outstanding	78 days	365 x average receivables / revenue.
Days payables	152 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	-38 days	Days inventory + days sales outstanding - days payables.
FCF conversion	36.8%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	69.5%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$1.59	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	$1.59	Net income per basic share, as reported (split-adjusted).
Payout ratio	6.4%	Dividends paid / net income, when net income is positive.
Dividends / FCF	17.4%	Dividends paid / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$8.42B	Share price x shares outstanding.
Enterprise value	$7.95B	Market cap + total debt - cash - short-term investments.
P/E	20.9x	Market cap / net income. Only when net income is positive.
P/S	7.26x	Market cap / revenue.
P/B	2.48x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	2.48x	Market cap / tangible book value, when positive.
P/FCF	56.8x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	17.3x	Market cap / cash from operations, when positive.
EV/Sales	6.84x	Enterprise value / revenue.
EV/EBIT	17.8x	Enterprise value / operating income, when both are positive.
EV/EBITDA	13.3x	Enterprise value / EBITDA, when both are positive.
EV/FCF	53.6x	Enterprise value / free cash flow, when both are positive.
FCF yield	1.8%	Free cash flow / market cap.
Earnings yield	4.8%	Net income / market cap (the inverse of P/E).
Dividend yield	0.3%	Dividends paid over the period / market cap.
Shareholder yield	0.3%	(Dividends paid + share buybacks) / market cap.

What was BUENAVENTURA MINING CO INC's revenue in fiscal 2024?

BUENAVENTURA MINING CO INC reported revenue of $1.16B for fiscal 2024, 40.4% higher than the year before.

Was BUENAVENTURA MINING CO INC profitable in fiscal 2024?

Yes. Net income was $402.7M, a net margin of 34.7%.

How much free cash flow did BUENAVENTURA MINING CO INC generate in fiscal 2024?

Cash from operations of $486.1M minus capital expenditures of $337.7M left free cash flow of $148.3M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

Open interactive statements, quarterly figures and charts

Back to BUENAVENTURA MINING CO INC