Equinox Gold Corp.(EQX)Earnings, Financials & Key Ratios
EQX•AMEX
29.2× P/E·Price updated Jun 19, 2026
AboutEquinox Gold Corp. engages in the operation, acquisition, exploration, and development of mineral properties. The company primarily explores for gold and silver deposits. Its properties include the Aurizona gold mine located in Maranhão State; the RDM gold mine located in Minas Gerais State; and Fazenda gold mine and the Santa Luz gold mine located in Bahia State, Brazil. The company also hold interests in the Mesquite gold mine and the Castle Mountain property situated in California, the United States; and the Los Filos Gold Mine located in Guerrero State, Mexico. In addition, it holds a 60% interest in the Greenstone project located in Ontario, Canada. The company was formerly known as Trek Mining Inc. and changed its name to Equinox Gold Corp. in December 2017. Equinox Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.Show more
- Revenue$1.85B+22.1%
- EBITDA$966M+109.8%
- Net Income$225M-33.6%
- EPS (Diluted)0.36-47.1%
- Gross Margin24.99%+24.5%
- EBITDA Margin52.27%+71.8%
- Operating Margin23.79%+51.4%
- Net Margin12.19%-45.6%
- ROE4.91%-57.8%
EQX Key Insights
Equinox Gold Corp. (EQX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 58.8%
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 16.9%
- ✓Healthy 5Y average net margin of 15.5%
- ✓Trading at only 1.1x book value
✗Weaknesses
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 18 (bottom 18%)
- ✗Shares diluted 33.1% in last year
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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EQX Price & Volume
Equinox Gold Corp. (EQX) stock price & volume — 10-year historical chart
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EQX Growth Metrics
Equinox Gold Corp. (EQX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years16.94%
3 Years24.76%
TTM34.8%
Profit CAGR
10 Years-
5 Years58.84%
3 Years-
TTM62.37%
EPS CAGR
10 Years-
5 Years29.2%
3 Years-
TTM62.67%
Return on Capital
10 Years1.1%
5 Years3.41%
3 Years3.97%
Last Year5.76%
EQX Recent Earnings
Equinox Gold Corp. (EQX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.28-3.4%
$0.29
Rev
$862M-3.9%
$897M
Q1 2026
Feb 18, 2026Metric
Actual
Est
EPS
$0.34+58.9%
$0.21
Rev
$988M+3.8%
$951M
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$0.11+0.0%
$0.11
Rev
$819M+12.0%
$732M
Q3 2025
Aug 13, 2025Metric
Actual
Est
EPS
$0.11+280.9%
$0.03
Rev
$479M-1.6%
$487M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.28vs $0.29-3.4% | $862Mvs $897M-3.9% |
| Q1 2026 | Feb 18, 2026 | $0.34vs $0.21+58.9% | $988Mvs $951M+3.8% |
| Q4 2025 | Nov 5, 2025 | $0.11vs $0.11+0.0% | $819Mvs $732M+12.0% |
| Q3 2025 | Aug 13, 2025 | $0.11vs $0.03+280.9% | $479Mvs $487M-1.6% |
Based on last 12 quarters of dataView full earnings history →
EQX Peer Comparison
Equinox Gold Corp. (EQX) competitors in Large and mid-tier gold producers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 KGC | 31.94B | 26.67 | 13.40 | 39.34% | 36.04% | 33.95% | 0.09 | |
 IAG | 9.94B | 16.88 | 14.55 | 77.75% | 29.53% | 25.78% | 0.20 | |
 CDE | 11.4B | 17.51 | 19.46 | 96.41% | 31.15% | 15.17% | 0.11 | |
 NGD | 7.19B | 9.08 | 64.86 | 59.66% | 58.55% | 64.78% | 0.21 | |
 BTG | 5.78B | 4.30 | 15.36 | 60.95% | 14.75% | 15.42% | 0.17 | |
 EGO | 6.53B | 33.05 | 13.17 | 39.93% | 28% | 12.42% | 0.30 | |
 NEM | 115B | 103.79 | 16.19 | 19.08% | 30.54% | 15.58% | 0.01 | |
 AEM | 83.49B | 166.66 | 18.81 | 43.71% | 37.48% | 19.25% | 0.01 |
Compare EQX vs Peers
Equinox Gold Corp. (EQX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
EQX Income Statement
Equinox Gold Corp. (EQX) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 15.47M | 30.16M | 281.7M | 845.39M | 1.08B | 952.2M | 1.09B | 1.51B | 1.85B | 2.29B |
Revenue Growth % | 1346.96% | 94.98% | 834.04% | 200.11% | 28.02% | -12.02% | 14.28% | 39.14% | 22.12% | 34.8% |
Cost of Goods Sold | 27.65M | 22.13M | 197.84M | 555.21M | 851.7M | 867.23M | 979.21M | 1.21B | 1.39B | 1.42B |
COGS % of Revenue | 178.78% | 73.36% | 70.23% | 65.67% | 78.69% | 91.08% | 89.98% | 79.92% | 75.01% | - |
Gross Profit | -12.19M▲ 0% | 8.03M▲ 165.9% | 83.85M▲ 943.7% | 290.18M▲ 246.1% | 230.59M▼ 20.5% | 84.97M▼ 63.2% | 108.98M▲ 28.3% | 304.05M▲ 179.0% | 462.16M▲ 52.0% | 866.94M▲ 0% |
Gross Margin % | -78.78% | 26.64% | 29.77% | 34.33% | 21.31% | 8.92% | 10.02% | 20.08% | 24.99% | 37.91% |
Gross Profit Growth % | -895.59% | 165.93% | 943.74% | 246.06% | -20.54% | -63.15% | 28.26% | 178.98% | 52% | - |
Operating Expenses | 19.03M | 28.69M | 28.73M | 117.23M | 84.12M | 74.58M | 59.36M | 66.08M | 22.25M | 41.05M |
OpEx % of Revenue | 123.01% | 95.14% | 10.2% | 13.87% | 7.77% | 7.83% | 5.46% | 4.36% | 1.2% | - |
Selling, General & Admin | 10.44M | 16.38M | 19.49M | 39.7M | 51.35M | 45.65M | 45.17M | 50.91M | 16.06M | 19.69M |
SG&A % of Revenue | 67.46% | 54.33% | 6.92% | 4.7% | 4.74% | 4.79% | 4.15% | 3.36% | 0.87% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | -19K | -2.99M | 9.24M | 77.53M | 32.77M | 28.93M | 14.19M | 15.18M | 6.19M | 2M |
Operating Income | -31.21M▲ 0% | -33.94M▼ 8.7% | 55.12M▲ 262.4% | 172.96M▲ 213.8% | 146.47M▼ 15.3% | 10.39M▼ 92.9% | 49.62M▲ 377.5% | 237.96M▲ 379.6% | 439.91M▲ 84.9% | 825.88M▲ 0% |
Operating Margin % | -201.79% | -112.54% | 19.57% | 20.46% | 13.53% | 1.09% | 4.56% | 15.72% | 23.79% | 36.11% |
Operating Income Growth % | -818.84% | -8.74% | 262.41% | 213.76% | -15.31% | -92.91% | 377.48% | 379.57% | 84.86% | - |
EBITDA | -30.89M | -29.88M | 94.25M | 325.14M | 344.61M | 199.23M | 265.74M | 460.58M | 966.48M | 1.37B |
EBITDA Margin % | -199.69% | -99.08% | 33.46% | 38.46% | 31.84% | 20.92% | 24.42% | 30.42% | 52.27% | 59.95% |
EBITDA Growth % | -849.62% | 3.26% | 415.42% | 244.97% | 5.99% | -42.19% | 33.38% | 73.32% | 109.84% | 165.8% |
D&A (Non-Cash Add-back) | 324.26K | 4.06M | 39.13M | 152.19M | 198.13M | 188.84M | 216.12M | 222.62M | 526.58M | 545.11M |
EBIT | -6.79M | -30.37M | 4.35M | 82.85M | 576.59M | -58.05M | 74.97M | 725.46M | 439.91M | 678.32M |
Net Interest Income | -6.4M | -2.26M | -15.59M | -37.93M | -38.73M | -34.74M | -48.51M | -87.32M | -171.29M | -152.54M |
Interest Income | 771K | 4.44M | 1.95M | 1.82M | 2.82M | 5.61M | 11.69M | 7.67M | 11.14M | 13.24M |
Interest Expense | 7.17M | 6.7M | 17.54M | 39.75M | 41.55M | 40.35M | 60.2M | 95.38M | 182.43M | 165.79M |
Other Income/Expense | 18.18M | -5.02M | -68.31M | -129.86M | 388.56M | -108.8M | -34.85M | 392.12M | -306.24M | -313.35M |
Pretax Income | -17.12M▲ 0% | -21.38M▼ 24.9% | -13.19M▲ 38.3% | 43.1M▲ 426.9% | 535.03M▲ 1141.4% | -98.41M▼ 118.4% | 14.77M▲ 115.0% | 630.08M▲ 4166.5% | 133.67M▼ 78.8% | 512.53M▲ 0% |
Pretax Margin % | -110.69% | -70.9% | -4.68% | 5.1% | 49.44% | -10.33% | 1.36% | 41.61% | 7.23% | 22.41% |
Income Tax | 308K | 2.33M | 7.14M | 20.81M | -19.85M | 7.62M | -14.12M | 290.79M | 152.86M | 269.07M |
Effective Tax Rate % | -1.8% | -10.92% | -54.13% | 48.29% | -3.71% | -7.74% | -95.59% | 46.15% | 114.36% | 52.5% |
Net Income | -16.73M▲ 0% | -49.85M▼ 198.0% | -18.36M▲ 63.2% | 22.29M▲ 221.4% | 554.89M▲ 2389.6% | -106.03M▼ 119.1% | 28.88M▲ 127.2% | 339.29M▲ 1074.7% | 225.35M▼ 33.6% | 610.94M▲ 0% |
Net Margin % | -108.15% | -165.28% | -6.52% | 2.64% | 51.27% | -11.13% | 2.65% | 22.41% | 12.19% | 26.71% |
Net Income Growth % | -595.84% | -197.98% | 63.17% | 221.39% | 2389.63% | -119.11% | 127.24% | 1074.65% | -33.58% | 62.37% |
Net Income (Continuing) | -13.35M | -39.41M | -20.32M | 22.29M | 554.89M | -106.03M | 28.88M | 339.29M | -19.19M | 243.46M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 244.54M | 2M |
Minority Interest | 8.13M | 14.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -0.19▲ 0% | -0.54▼ 184.2% | -0.18▲ 66.7% | 0.10▲ 155.6% | 1.67▲ 1570.0% | -0.35▼ 121.0% | 0.09▲ 126.1% | 0.68▲ 644.8% | 0.36▼ 47.1% | 0.74▲ 0% |
EPS Growth % | -595.97% | -184.21% | 66.67% | 155.56% | 1570% | -120.96% | 126.09% | 644.8% | -47.06% | 62.67% |
EPS (Basic) | -0.19 | -0.54 | -0.18 | 0.11 | 1.93 | -0.35 | 0.09 | 0.81 | 0.36 | - |
Diluted Shares Outstanding | 89.23M | 92.34M | 112M | 218.41M | 333.73M | 304M | 316.3M | 473.55M | 630.31M | 825.75M |
Basic Shares Outstanding | 89.23M | 92.34M | 112M | 212.49M | 284.93M | 304M | 312.77M | 400.11M | 630.31M | 788.6M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
EQX Balance Sheet
Equinox Gold Corp. (EQX) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 86.27M | 136.32M | 148.66M | 646.02M | 1.16B | 655.1M | 833.96M | 784.11M | 1.97B | 988.31M |
Cash & Short-Term Investments | 71.28M | 62.6M | 68.7M | 348.05M | 546.03M | 237.64M | 284.66M | 245.47M | 569M | 499.62M |
Cash Only | 67.96M | 60.82M | 67.72M | 344.93M | 305.5M | 200.77M | 192M | 239.33M | 406.61M | 362.96M |
Short-Term Investments | 3.33M | 1.78M | 988K | 3.12M | 240.53M | 36.87M | 92.67M | 6.14M | 162.39M | 136.65M |
Accounts Receivable | 11.25M | 18.58M | 27.39M | 55.87M | 50.26M | 76.1M | 82.31M | 70.03M | 65.35M | 61.15M |
Days Sales Outstanding | 265.42 | 224.82 | 35.49 | 24.12 | 16.95 | 29.17 | 27.61 | 16.88 | 12.9 | 13.71 |
Inventory | 3.16M | 49.67M | 46.26M | 208.29M | 201.62M | 265.11M | 412M | 417.54M | 369.09M | 392.05M |
Days Inventory Outstanding | 41.68 | 819.43 | 85.35 | 136.93 | 86.41 | 111.58 | 153.58 | 125.94 | 97.14 | 111.88 |
Other Current Assets | 0 | 633K | 1.91M | 0 | 331.77M | 76.25M | 19.84M | 6.53M | 937.23M | 2.02M |
Total Non-Current Assets | 400.05M | 617.36M | 690.69M | 2.03B | 2.8B | 3.2B | 3.52B | 5.93B | 8.55B | 8.67B |
Property, Plant & Equipment | 345.3M | 537.87M | 511.69M | 1.86B | 2.5B | 2.84B | 3.23B | 5.56B | 7.9B | 7.95B |
Fixed Asset Turnover | 0.04x | 0.06x | 0.55x | 0.45x | 0.43x | 0.34x | 0.34x | 0.27x | 0.23x | 0.28x |
Goodwill | 22.58M | 18.58M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long-Term Investments | 253K | 253K | 7.16M | 22.29M | 127.61M | 153.13M | 29.26M | 32.32M | 7.55M | 19.94M |
Other Non-Current Assets | 2.98M | 66.47M | 171.84M | 146.37M | 168.03M | 207.68M | 261.94M | 330.12M | 645.76M | 718.92M |
Total Assets | 486.32M▲ 0% | 753.68M▲ 55.0% | 839.35M▲ 11.4% | 2.67B▲ 218.5% | 3.97B▲ 48.4% | 3.86B▼ 2.8% | 4.35B▲ 12.8% | 6.71B▲ 54.3% | 10.52B▲ 56.6% | 9.66B▲ 0% |
Asset Turnover | 0.03x | 0.04x | 0.34x | 0.32x | 0.27x | 0.25x | 0.25x | 0.23x | 0.18x | 0.23x |
Asset Growth % | 440.8% | 54.97% | 11.37% | 218.51% | 48.4% | -2.8% | 12.81% | 54.32% | 56.64% | 201.94% |
Total Current Liabilities | 30.5M | 106.28M | 131.92M | 222.66M | 402.57M | 271.72M | 479.6M | 689.09M | 1.26B | 797.82M |
Accounts Payable | 5.71M | 21.23M | 45.06M | 99.2M | 109.3M | 122.51M | 112.77M | 128.46M | 301.87M | 335.52M |
Days Payables Outstanding | 75.4 | 350.19 | 83.13 | 65.21 | 46.84 | 51.56 | 42.03 | 38.75 | 79.45 | 74.53 |
Short-Term Debt | 14.82M | 54.7M | 61.57M | 13.33M | 26.67M | 0 | 138.6M | 135.59M | 181M | 29.08M |
Deferred Revenue (Current) | 529K | 0 | 22.15M | 0 | 0 | 0 | 39.6M | 116.26M | 127.36M | 610.69M |
Other Current Liabilities | 0 | 396K | 3.15M | 78.79M | 185.78M | 31.92M | 54.88M | 281.36M | 496.6M | 238.48M |
Current Ratio | 2.83x | 1.28x | 1.13x | 2.90x | 2.89x | 2.41x | 1.74x | 1.14x | 1.56x | 1.24x |
Quick Ratio | 2.72x | 0.82x | 0.78x | 1.97x | 2.39x | 1.44x | 0.88x | 0.53x | 1.27x | 0.75x |
Cash Conversion Cycle | 231.7 | 694.06 | 37.71 | 95.84 | 56.52 | 89.19 | 139.15 | 104.08 | 30.59 | 51.06 |
Total Non-Current Liabilities | 90.14M | 222.41M | 304.37M | 1B | 979.45M | 1.23B | 1.43B | 2.63B | 3.47B | 2.73B |
Long-Term Debt | 28.64M | 161.56M | 202.47M | 531.91M | 514.01M | 828.02M | 786.38M | 1.21B | 1.37B | 585.65M |
Capital Lease Obligations | 0 | 0 | 848K | 9.95M | 26.94M | 14.08M | 20.39M | 60.53M | 0 | 234.93M |
Deferred Tax Liabilities | 7.68M | 13.31M | 10.71M | 243.1M | 323.85M | 271.22M | 244.7M | 799.97M | 1.41B | 5.48B |
Other Non-Current Liabilities | 61.5M | 55.87M | 90.33M | 217.25M | 114.65M | 119.57M | 182.31M | 287.49M | 526.82M | 533.58M |
Total Liabilities | 120.65M | 328.69M | 436.29M | 1.22B | 1.38B | 1.5B | 1.91B | 3.32B | 4.73B | 3.53B |
Total Debt | 43.46M | 216.26M | 264.05M | 555.19M | 567.63M | 842.1M | 945.37M | 1.41B | 1.55B | 614.73M |
Net Debt | -24.5M | 155.44M | 196.33M | 210.26M | 262.13M | 641.33M | 753.37M | 1.17B | 1.15B | 251.76M |
Debt / Equity | 0.12x | 0.51x | 0.66x | 0.38x | 0.22x | 0.36x | 0.39x | 0.41x | 0.27x | 0.10x |
Debt / EBITDA | - | - | 2.80x | 1.71x | 1.65x | 4.23x | 3.56x | 3.06x | 1.61x | 0.45x |
Net Debt / EBITDA | - | - | 2.08x | 0.65x | 0.76x | 3.22x | 2.83x | 2.54x | 1.18x | 0.18x |
Interest Coverage | -0.95x | -4.53x | 0.25x | 2.08x | 13.88x | -1.44x | 1.25x | 7.61x | 2.41x | 4.09x |
Total Equity | 365.68M▲ 0% | 424.99M▲ 16.2% | 403.06M▼ 5.2% | 1.45B▲ 259.4% | 2.59B▲ 78.5% | 2.35B▼ 9.0% | 2.44B▲ 3.9% | 3.4B▲ 39.1% | 5.78B▲ 70.3% | 6.13B▲ 0% |
Equity Growth % | 442.6% | 16.22% | -5.16% | 259.38% | 78.48% | -9.03% | 3.86% | 39.1% | 70.26% | 290.68% |
Book Value per Share | 4.10 | 4.60 | 3.60 | 6.63 | 7.75 | 7.74 | 7.72 | 7.17 | 9.18 | 7.42 |
Total Shareholders' Equity | 357.55M | 410.47M | 403.06M | 1.45B | 2.59B | 2.35B | 2.44B | 3.4B | 5.78B | 6.13B |
Common Stock | 383.3M | 491.1M | 505.69M | 1.52B | 2.01B | 2.04B | 2.09B | 2.8B | 4.87B | 4.9B |
Retained Earnings | -38.37M | -96.03M | -130.59M | -108.3M | 446.59M | 326.26M | 348.55M | 613.66M | 818.51M | 1.13B |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | 12.62M | 15.4M | 27.96M | 38.78M | 131.98M | -10.46M | 8.35M | -14.93M | 100.41M | 95.03M |
Minority Interest | 8.13M | 14.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EQX Cash Flow Statement
Equinox Gold Corp. (EQX) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | -25.63M | -23.01M | 59.72M | 255.78M | 320.78M | 56.47M | 358.46M | 372.18M | 697.77M | 860.36M |
Operating CF Margin % | -165.72% | -76.29% | 21.2% | 30.26% | 29.64% | 5.93% | 32.94% | 24.58% | 37.74% | - |
Operating CF Growth % | -266.57% | 10.25% | 359.58% | 328.28% | 25.41% | -82.39% | 534.75% | 3.83% | 87.48% | 828.97% |
Net Income | -17.43M | -26.53M | -20.32M | 22.29M | 554.89M | -106.03M | 28.88M | 339.29M | -19.19M | 610.94M |
Depreciation & Amortization | 894K | 10.64M | 0 | 0 | -269.88M | 188.84M | 220.01M | 211.9M | 526.58M | 637.22M |
Stock-Based Compensation | 1.59M | 5.65M | 5.63M | 8.14M | 7.33M | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes | 308K | 2.33M | 7.14M | 20.81M | -19.85M | 7.62M | -14.12M | 243.04M | 0 | -10.63M |
Other Non-Cash Items | -13.04M | -8.32M | 83.69M | 219.73M | -8.37M | 53.86M | 295.77M | -364.03M | 288.84M | 175.26M |
Working Capital Changes | 2.05M | -5.57M | -16.42M | -15.19M | 56.66M | -87.82M | -172.09M | -58.01M | -98.45M | -182.44M |
Change in Receivables | -3.52M | 3.16M | -4.2M | 157K | -3.78M | -14.42M | -27.59M | 6.96M | 0 | 13.22M |
Change in Inventory | -1.17M | -5.55M | -36.49M | 20.55M | 20.22M | -69.61M | -168.74M | -72.37M | 0 | -104.48M |
Change in Payables | 6.58M | -3.02M | 0 | 0 | 37.08M | 1.13M | 20.45M | 18.74M | 0 | 22.63M |
Cash from Investing | -530K | -240.67M | -111.29M | -131.17M | -347.57M | -419M | -462.67M | -1.11B | -466.7M | 365.94M |
Capital Expenditures | -21.48M | -5.14M | -97.58M | -174.75M | -344.22M | -557.07M | -523.3M | -412.07M | -704.47M | -792.95M |
CapEx % of Revenue | 138.84% | 17.03% | 34.64% | 20.67% | 31.81% | 58.5% | 48.09% | 27.22% | 38.1% | 34.67% |
Acquisitions | 19.24M | -144.34M | -14.59M | 42.77M | -83.5M | -3.34M | 22.85M | -744.11M | 240.48M | 1.07B |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 196K | -91.2M | 870K | 13.29M | 80.16M | 56.81M | -6.65M | -3.73M | -5.79M | -718.41K |
Cash from Financing | 53.46M | 268.32M | 57M | 152.66M | -1.59M | 254.31M | 92.5M | 792.48M | -40M | -1.03B |
Debt Issued (Net) | -5.83M | 191.18M | 52.34M | -33.98M | -55.29M | 262.62M | 98.45M | 530.51M | 3.58M | -979.23M |
Equity Issued (Net) | 61.44M | 87.04M | 0 | 42.79M | 59.5M | 7.22M | 40.77M | 321.79M | 0 | -5.57M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11.67M |
Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.64M |
Other Financing | -2.15M | -9.9M | 4.66M | 143.85M | -5.8M | -15.53M | -46.72M | -59.82M | -43.58M | -33.88M |
Net Change in Cash | 27.33M▲ 0% | -2.14M▼ 107.8% | 6.89M▲ 422.8% | 277.21M▲ 3921.0% | -34.85M▼ 112.6% | -109.3M▼ 213.6% | -8.77M▲ 92.0% | 47.33M▲ 639.5% | 167.43M▲ 253.7% | 191.26M▲ 0% |
Free Cash Flow | -47.11M▲ 0% | -28.14M▲ 40.3% | -37.85M▼ 34.5% | 81.03M▲ 314.0% | -23.45M▼ 128.9% | -500.6M▼ 2035.1% | -164.84M▲ 67.1% | -39.89M▲ 75.8% | -6.7M▲ 83.2% | 67.42M▲ 0% |
FCF Margin % | -304.56% | -93.32% | -13.44% | 9.58% | -2.17% | -52.57% | -15.15% | -2.63% | -0.36% | 2.95% |
FCF Growth % | -568.59% | 40.26% | -34.5% | 314.04% | -128.94% | -2035.12% | 67.07% | 75.8% | 83.21% | 255.09% |
FCF per Share | -0.53 | -0.30 | -0.34 | 0.37 | -0.07 | -1.65 | -0.52 | -0.08 | -0.01 | 0.08 |
FCF Conversion (FCF/Net Income) | 1.53x | 0.46x | -3.25x | 11.48x | 0.58x | -0.53x | 12.41x | 1.10x | 3.10x | 0.11x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EQX Key Ratios
Equinox Gold Corp. (EQX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | -7.73% | -12.61% | -4.43% | 2.41% | 27.51% | -4.3% | 1.2% | 11.62% | 4.91% | 10.73% |
Return on Invested Capital (ROIC) | -12.72% | -5.52% | 7.01% | 11.49% | 4.88% | 0.27% | 1.2% | 4.6% | 5.74% | 9.13% |
Gross Margin | -78.78% | 26.64% | 29.77% | 34.33% | 21.31% | 8.92% | 10.02% | 20.08% | 24.99% | 37.91% |
Net Margin | -108.15% | -165.28% | -6.52% | 2.64% | 51.27% | -11.13% | 2.65% | 22.41% | 12.19% | 26.71% |
Debt / Equity | 0.12x | 0.51x | 0.66x | 0.38x | 0.22x | 0.36x | 0.39x | 0.41x | 0.27x | 0.10x |
Interest Coverage | -0.95x | -4.53x | 0.25x | 2.08x | 13.88x | -1.44x | 1.25x | 7.61x | 2.41x | 4.09x |
FCF Conversion | 1.53x | 0.46x | -3.25x | 11.48x | 0.58x | -0.53x | 12.41x | 1.10x | 3.10x | 0.11x |
Revenue Growth | 1346.96% | 94.98% | 834.04% | 200.11% | 28.02% | -12.02% | 14.28% | 39.14% | 22.12% | 34.8% |
Related:EQX Dividend History·EQX Revenue History·EQX Price History·EQX P/E History·EQX Financial Ratios·EQX Institutional Holders
EQX Frequently Asked Questions
Equinox Gold Corp. (EQX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Equinox Gold Corp. (EQX) reported $2.29B in revenue for fiscal year 2025.
Equinox Gold Corp. (EQX) grew revenue by 22.1% over the past year. This is strong growth.
Yes, Equinox Gold Corp. (EQX) is profitable, generating $610.9M in net income for fiscal year 2025 (12.2% net margin).
Dividend & Returns
Equinox Gold Corp. (EQX) has a return on equity (ROE) of 4.9%. This is below average, suggesting room for improvement.
Equinox Gold Corp. (EQX) generated $67.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.