Kinross Historical Income Statement

K Stock

CAD 17.42 0.13 0.74%

Historical analysis of Kinross Gold income statement accounts such as Operating Income of 967.7 M can show how well Kinross Gold Corp performed in making a profits. Evaluating Kinross Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kinross Gold's future profits or losses.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

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Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Kinross Gold Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kinross Gold Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinross Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Kinross Stock, please use our How to Invest in Kinross Gold guide.

About Kinross Income Statement Analysis

Kinross Gold Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kinross Gold shareholders. The income statement also shows Kinross investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Kinross Gold Income Statement Chart

At this time, Kinross Gold's Net Income is very stable compared to the past year. As of the 27th of March 2025, Income Tax Expense is likely to grow to about 354 M, while Total Other Income Expense Net is likely to drop (87.7 M).

Total Revenue Selling General Administrative Cost Of Revenue Research Development

Total Revenue

Total revenue comprises all receipts Kinross Gold Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Cost Of Revenue

Cost of Revenue is found on Kinross Gold Corp income statement and represents the costs associated with goods and services Kinross Gold provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from Kinross Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kinross Gold Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinross Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Kinross Stock, please use our How to Invest in Kinross Gold guide.At this time, Kinross Gold's Net Income is very stable compared to the past year. As of the 27th of March 2025, Income Tax Expense is likely to grow to about 354 M, while Total Other Income Expense Net is likely to drop (87.7 M).

	2024	2025 (projected)
Non Recurring	95.4M	82.8M
Minority Interest	810K	769.5K

Non Recurring Minority Interest

Kinross Gold income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Operating Income	Ebit	Ebitda	Total Other Income Expense Net	Net Income	Income Tax Expense	Depreciation And Amortization	Other Operating Expenses	Total Operating Expenses	Selling General Administrative	Cost Of Revenue	Income Before Tax	Research Development	Discontinued Operations	Net Income From Continuing Ops	Minority Interest	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Interest Expense		0.58	0.73	0.68	0.69	0.77	0.17	0.63	0.29	0.67	-0.26	0.35	0.04	-0.31	0.67	-0.5	0.34	0.85	-0.62	-0.55	0.23	-0.55	0.37	0.09	-0.34
Total Revenue	0.58		0.17	0.1	0.09	0.25	-0.18	-0.02	0.61	0.86	0.52	0.71	0.54	0.48	0.07	-0.47	-0.09	0.39	-0.37	-0.42	0.36	-0.44	0.42	0.43	-0.4
Gross Profit	0.73	0.17		1.0	0.99	0.99	0.36	0.97	0.24	0.3	-0.71	-0.06	-0.49	-0.75	0.99	-0.32	0.35	0.91	-0.65	-0.3	0.51	-0.76	0.48	0.29	-0.44
Operating Income	0.68	0.1	1.0		1.0	0.98	0.38	0.98	0.21	0.24	-0.76	-0.15	-0.55	-0.8	1.0	-0.31	0.32	0.88	-0.62	-0.28	0.49	-0.75	0.46	0.28	-0.41
Ebit	0.69	0.09	0.99	1.0		0.98	0.39	0.98	0.21	0.23	-0.77	-0.17	-0.55	-0.8	1.0	-0.3	0.32	0.87	-0.6	-0.28	0.47	-0.74	0.45	0.27	-0.38
Ebitda	0.77	0.25	0.99	0.98	0.98		0.31	0.95	0.25	0.41	-0.66	-0.05	-0.43	-0.7	0.97	-0.39	0.31	0.93	-0.67	-0.36	0.49	-0.77	0.52	0.35	-0.44
Total Other Income Expense Net	0.17	-0.18	0.36	0.38	0.39	0.31		0.47	0.09	-0.33	-0.41	-0.16	-0.39	-0.42	0.45	0.03	0.01	0.22	-0.22	0.07	-0.14	-0.11	0.18	-0.07	-0.18
Net Income	0.63	-0.02	0.97	0.98	0.98	0.95	0.47		0.09	0.14	-0.81	-0.18	-0.57	-0.84	0.98	-0.22	0.39	0.85	-0.61	-0.22	0.36	-0.64	0.41	0.2	-0.36
Income Tax Expense	0.29	0.61	0.24	0.21	0.21	0.25	0.09	0.09		0.29	0.19	0.2	0.15	0.18	0.21	-0.34	-0.23	0.15	-0.05	-0.2	0.7	-0.52	0.21	0.36	-0.24
Depreciation And Amortization	0.67	0.86	0.3	0.24	0.23	0.41	-0.33	0.14	0.29		0.3	0.59	0.45	0.26	0.2	-0.53	0.09	0.57	-0.55	-0.5	0.24	-0.42	0.51	0.49	-0.42
Other Operating Expenses	-0.26	0.52	-0.71	-0.76	-0.77	-0.66	-0.41	-0.81	0.19	0.3		0.64	0.86	1.0	-0.77	0.15	-0.24	-0.46	0.3	0.15	-0.15	0.33	-0.18	0.03	0.13
Total Operating Expenses	0.35	0.71	-0.06	-0.15	-0.17	-0.05	-0.16	-0.18	0.2	0.59	0.64		0.76	0.58	-0.16	0.07	0.34	0.26	-0.24	-0.02	0.02	-0.04	0.06	0.02	-0.17
Selling General Administrative	0.04	0.54	-0.49	-0.55	-0.55	-0.43	-0.39	-0.57	0.15	0.45	0.86	0.76		0.83	-0.57	0.21	0.21	-0.16	0.16	0.19	-0.18	0.29	-0.26	-0.17	0.25
Cost Of Revenue	-0.31	0.48	-0.75	-0.8	-0.8	-0.7	-0.42	-0.84	0.18	0.26	1.0	0.58	0.83		-0.81	0.15	-0.29	-0.51	0.34	0.15	-0.17	0.35	-0.2	0.03	0.15
Income Before Tax	0.67	0.07	0.99	1.0	1.0	0.97	0.45	0.98	0.21	0.2	-0.77	-0.16	-0.57	-0.81		-0.29	0.32	0.87	-0.61	-0.27	0.47	-0.73	0.45	0.26	-0.41
Research Development	-0.5	-0.47	-0.32	-0.31	-0.3	-0.39	0.03	-0.22	-0.34	-0.53	0.15	0.07	0.21	0.15	-0.29		0.36	-0.27	0.42	0.89	-0.21	0.32	-0.6	-0.53	0.47
Discontinued Operations	0.34	-0.09	0.35	0.32	0.32	0.31	0.01	0.39	-0.23	0.09	-0.24	0.34	0.21	-0.29	0.32	0.36		0.48	-0.11	0.25	-0.05	0.03	-0.25	-0.43	0.36
Net Income From Continuing Ops	0.85	0.39	0.91	0.88	0.87	0.93	0.22	0.85	0.15	0.57	-0.46	0.26	-0.16	-0.51	0.87	-0.27	0.48		-0.75	-0.27	0.38	-0.71	0.5	0.24	-0.44
Minority Interest	-0.62	-0.37	-0.65	-0.62	-0.6	-0.67	-0.22	-0.61	-0.05	-0.55	0.3	-0.24	0.16	0.34	-0.61	0.42	-0.11	-0.75		0.36	-0.17	0.46	-0.83	-0.37	0.79
Non Recurring	-0.55	-0.42	-0.3	-0.28	-0.28	-0.36	0.07	-0.22	-0.2	-0.5	0.15	-0.02	0.19	0.15	-0.27	0.89	0.25	-0.27	0.36		-0.05	0.15	-0.46	-0.44	0.36
Tax Provision	0.23	0.36	0.51	0.49	0.47	0.49	-0.14	0.36	0.7	0.24	-0.15	0.02	-0.18	-0.17	0.47	-0.21	-0.05	0.38	-0.17	-0.05		-0.77	0.26	0.48	-0.31
Interest Income	-0.55	-0.44	-0.76	-0.75	-0.74	-0.77	-0.11	-0.64	-0.52	-0.42	0.33	-0.04	0.29	0.35	-0.73	0.32	0.03	-0.71	0.46	0.15	-0.77		-0.43	-0.45	0.53
Net Interest Income	0.37	0.42	0.48	0.46	0.45	0.52	0.18	0.41	0.21	0.51	-0.18	0.06	-0.26	-0.2	0.45	-0.6	-0.25	0.5	-0.83	-0.46	0.26	-0.43		0.64	-0.77
Reconciled Depreciation	0.09	0.43	0.29	0.28	0.27	0.35	-0.07	0.2	0.36	0.49	0.03	0.02	-0.17	0.03	0.26	-0.53	-0.43	0.24	-0.37	-0.44	0.48	-0.45	0.64		-0.59
Extraordinary Items	-0.34	-0.4	-0.44	-0.41	-0.38	-0.44	-0.18	-0.36	-0.24	-0.42	0.13	-0.17	0.25	0.15	-0.41	0.47	0.36	-0.44	0.79	0.36	-0.31	0.53	-0.77	-0.59

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Kinross Gold Account Relationship Matchups

Kinross Gold income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Interest Expense	112.6M	71.5M	93.7M	69M	79.4M	142.7M
Total Revenue	4.2B	3.7B	3.5B	4.2B	4.9B	5.1B
Gross Profit	2.3B	1.0B	515.4M	1.2B	1.3B	1.4B
Operating Income	1.9B	463.6M	200.4M	801.4M	921.6M	967.7M
Ebit	1.9B	155.9M	174.9M	777.6M	894.2M	939.0M
Ebitda	2.7B	851.6M	958.9M	1.8B	2.0B	2.1B
Total Other Income Expense Net	(100.9M)	12.2M	(11M)	(92.8M)	(83.5M)	(87.7M)
Net Income	1.3B	221.2M	30.6M	416.3M	374.7M	393.4M
Income Tax Expense	439.8M	250.7M	76.1M	293.2M	337.2M	354.0M
Depreciation And Amortization	842.3M	695.7M	784M	986.8M	1.1B	1.2B
Other Operating Expenses	2.3B	3.3B	3.3B	3.4B	4.0B	2.4B
Total Operating Expenses	396.9M	568.5M	397.7M	358.2M	411.9M	347.7M
Selling General Administrative	117.9M	126.6M	129.8M	108.7M	125.0M	100.9M
Cost Of Revenue	1.9B	2.7B	2.9B	3.1B	3.5B	2.1B
Income Before Tax	1.8B	469.4M	106.7M	708.6M	814.9M	855.6M
Net Income From Continuing Ops	1.4B	218.7M	30.6M	415.4M	477.7M	501.6M
Net Income Applicable To Common Shares	718.6M	1.3B	221.2M	(605.2M)	(696.0M)	(730.8M)
Minority Interest	66.5M	2.5M	500K	900K	810K	769.5K
Tax Provision	439.8M	250.7M	76.1M	293.2M	337.2M	197.2M
Interest Income	4.3M	64.9M	49.9M	40.5M	36.5M	50.1M
Net Interest Income	(108.3M)	(59.2M)	(75.4M)	(28.5M)	(32.8M)	(34.4M)
Reconciled Depreciation	842.3M	840.9M	784M	986.8M	1.1B	907.8M

Pair Trading with Kinross Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kinross Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kinross Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kinross Stock

0.62	FDR	Flinders Resources	Pair Corr
0.84	ORE	Orezone Gold Corp	Pair Corr

Moving against Kinross Stock

0.7	AAPL	Apple Inc CDR	Pair Corr
0.64	IE	Ivanhoe Energy	Pair Corr
0.61	MSFT	Microsoft Corp CDR	Pair Corr
0.33	GOOG	Alphabet CDR	Pair Corr

The ability to find closely correlated positions to Kinross Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kinross Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kinross Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kinross Gold Corp to buy it.

The correlation of Kinross Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kinross Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kinross Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Kinross Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Kinross Stock

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Kinross Historical Income Statement

About Kinross Income Statement Analysis

Kinross Gold Income Statement Chart

Total Revenue

Cost Of Revenue

Kinross Gold income statement Correlations

Kinross Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kinross Gold income statement Accounts

Pair Trading with Kinross Gold

Moving together with Kinross Stock

Moving against Kinross Stock

Other Information on Investing in Kinross Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Operating Income	+ 1.0	Gross Profit
Ebit	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Ebit
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 0.99	Gross Profit

Cost Of Revenue	- 0.84	Net Income
Net Interest Income	- 0.83	Minority Interest
Income Before Tax	- 0.81	Cost Of Revenue
Other Operating Expenses	- 0.81	Net Income
Cost Of Revenue	- 0.8	Ebit
Cost Of Revenue	- 0.8	Operating Income