Companies: 10,795·Total market cap: $144.5T
Kinross Gold Corporation

Kinross Gold Corporation

K.TOTSXBasic Materials● Active
$36.50
$-3.25(-8.18%)
Market Cap$43.6B
P/E Ratio
52W High$53.57
52W Low$20.13

Kinross Gold Corporation (K.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

K.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $2.57B for FY2025 (fiscal year ending 2025-12-31), up 100.9% year-over-year The FCF margin was 35.8%. Five-year CAGR stands at +20.9%.

FY2025 Free Cash Flow$2.57B▲ +100.9% YoY
Trailing 12M (TTM)$2.35Btrailing 4 quarters sum
FCF Margin35.8%$2.57B ÷ revenue
3-Year CAGR+119.7%FY2022 → FY2025
5-Year CAGR+20.9%FY2020 → FY2025
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
k.to free cash flow history · k.to free cash flow chart · k.to free cash flow growth rate · k.to free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$2.57B▲ +100.9%35.8%
FY2024$1.28B▲ +152.1%24.8%
FY2023$507.0M▲ +109.3%12.0%
FY2022$242.2M▼ 22.7%7.0%
FY2021$313.5M▼ 68.4%8.4%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
k.to free cash flow 2025 · k.to free cash flow 2024 · k.to free cash flow 2023 · k.to operating cash flow

FCF valuation metrics

Kinross Gold Corporation (K.TO) trades at a FCF yield of 9.63% and a price-to-free-cash-flow ratio of 18.9x. FCF per share stands at $1.93, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
9.63%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$1.93
TTM FCF ÷ Shares Outstanding
Price / FCF
x18.9
Share Price ÷ FCF per Share
EV / FCF (TTM)
x9.9
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
k.to price to free cash flow · k.to free cash flow yield · k.to free cash flow per share · k.to price to cash flow ratio

Cash flow statement summary

For FY2025, Kinross Gold Corporation generated $3.78B in operating cash flow and spent 1.22B in capital expenditures, yielding $2.57B in free cash flow.

Operating Activities
+$3.78B
Cash from core business operations
2025-12-31
Investing Activities
−$1.04B
CapEx, acquisitions & investments
2025-12-31
Financing Activities
−$1.59B
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($3.78B) − |CapEx| (1.22B) = FCF ($2.57B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement
k.to cash flow statement · k.to cash flow statement 2025 · k.to operating cash flow · k.to cash flow from operations

Free cash flow vs peers (Basic Materials)

#CompanyFree Cash FlowYoY
#1
Kinross Gold Corporation
Kinross Gold CorporationYOU
K.TO
$2.57B+100.9%
#2
BHP Group Limited
BHP Group Limited
BHP
$9.28B-21.7%
#3
Linde plc
Linde plc
LIN
$5.09B+3.3%
#4
Rio Tinto Group
Rio Tinto Group
RIO
$4.82B-19.3%
#5
Southern Copper Corporation
Southern Copper Corporation
SCCO
$3.43B+1.0%
#6
Newmont Corporation
Newmont Corporation
NGT.TO
$2.96B+2952.6%
Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Kinross Gold Corporation (K.TO) reported free cash flow of $2.57B for FY2025 (fiscal year ending 2025-12-31), up 100.9% year-over-year. The FCF margin was 35.8%.

Based on available data, Kinross Gold Corporation has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $2.57B in FY2025. The 5-year CAGR stands at +20.9%.

Kinross Gold Corporation's FCF yield is 9.63% and price-to-FCF ratio is 18.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Frequently asked questions

K.TO free cash flow · 8 questions

Kinross Gold Corporation free cash flow was $2.57B for FY2025, up 100.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $2.35B.

K.TO free cash flowK.TO FCFK.TO FCF 2025K.TO free cash flow TTM

Source: FMP /cash-flow-statement · US GAAP · Kinross Gold Corporation · Kinross Gold Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026