Equinox Gold (EQX) Asset Utilization Ratio (2020 - 2025)

Equinox Gold (EQX) recorded quarterly Asset Utilization Ratio of 0.11 in Q3 2025, up 3.23% quarter-over-quarter from 0.1 in Q2 2025, and up 14.18% on a YoY basis from 0.09 in Q3 2024.

Equinox Gold (EQX) Asset Utilization Ratio (2020 - 2025) Analysis & Trends

Equinox Gold's Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.11 for Q3 2025.

  • In Q3 2025, Asset Utilization Ratio rose 14.18% year-over-year to 0.11; the TTM figure through Sep 2025 stood at 0.11 (up 14.18% YoY), while the FY2025 annual figure was 0.21, up 27.69% from the prior year.
  • Asset Utilization Ratio was 0.11 for Q3 2025 at Equinox Gold, up from 0.1 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.23 in Q2 2021 to a low of 0.01 in Q1 2022.
  • Historically, Asset Utilization Ratio has averaged 0.16 across 5 years, with a median of 0.19 in 2023.
  • The sharpest annual moves came in 2021 and 2024: Asset Utilization Ratio surged 53.27% in 2021, then slumped 50.41% in 2024.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.22 in 2021, then grew by 4.03% to 0.23 in 2022, then decreased by 17.19% to 0.19 in 2023, then plunged by 50.41% to 0.09 in 2024, then advanced by 14.18% to 0.11 in 2025.
  • The last three Asset Utilization Ratio figures came in at 0.11 (Q3 2025), 0.1 (Q2 2025), and 0.09 (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn 0.26
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn 0.24
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn 0.32
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn 0.63
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 0.43
8 Equinox Gold 51.34 Bn 50.84 Bn - -
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn 0.73
10 Aura Minerals 47.46 Bn 47.17 Bn 19.58 Mn 0.09

Historic Data

Download Data
DateValue
Sep 30, 2025 0.11
Jun 30, 2025 0.10
Sep 30, 2024 0.09
Jun 30, 2024 0.12
Sep 30, 2023 0.19
Jun 30, 2023 0.19
Sep 30, 2022 0.23
Jun 30, 2022 0.23
Mar 31, 2022 0.01
Sep 30, 2021 0.22
Jun 30, 2021 0.23
Sep 30, 2020 0.19
Jun 30, 2020 0.15