Equinox Gold (EQX) EBIT Margin (2019 - 2026)
Equinox Gold (EQX) reported EBIT Margin of 61.76% for the quarter ended Mar 31, 2026, up 85.86 percentage points from -24.10% a year earlier and up 21.71 percentage points from the prior quarter.
Equinox Gold (EQX) EBIT Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Equinox Gold's EBIT Margin came in at 29.23%, up 13.83 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -13.08%, down 73.01 percentage points from the prior year.
- EBIT Margin has a five-year change of -47.40 percentage points (years ended Dec 2020 to Dec 2025).
- By year, EBIT Margin came in at 59.93% in the year ended Dec 31, 2024 (+49.92 pp), 10.02% in the year ended Dec 31, 2023 (+1.09 pp), 8.92% in the year ended Dec 31, 2022 (-12.38 pp) and 21.31% in the year ended Dec 31, 2021 (-13.02 pp).
- The figure for the quarter ended Mar 31, 2026 ranks as the highest quarterly EBIT Margin in data going back to the quarter ended Dec 31, 2018.
- Year over year, EBIT Margin gained in five of the last eight quarters, with an average year-over-year change of +11.24 percentage points.
- The high point for year-over-year EBIT Margin in five years was the quarter ended Mar 31, 2026 (a gain of 85.86 percentage points); the low point was the quarter ended Mar 31, 2025 (a drop of 28.81 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Mar 31, 2026 came in at 40.05% (quarter ended Dec 31, 2025), 17.08% (quarter ended Sep 30, 2025) and 8.88% (quarter ended Jun 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 2 | Southern Copper | 145.61 Bn | 120.34 Bn | 3.10 Bn | 59.94% |
| 3 | Rio Tinto | 138.54 Bn | 138.54 Bn | - | - |
| 4 | Newmont | 127.15 Bn | 92.29 Bn | 4.22 Bn | 16.03% |
| 5 | Ternium | 100.63 Bn | 93.91 Bn | - | - |
| 6 | Agnico Eagle Mines | 97.48 Bn | 92.69 Bn | - | - |
| 7 | Freeport-Mcmoran | 88.12 Bn | 72.16 Bn | 2.19 Bn | 28.50% |
| 8 | Barrick Mining | 69.35 Bn | 47.84 Bn | 2.90 Bn | 51.63% |
| 9 | Nucor | 59.10 Bn | 48.48 Bn | 2.03 Bn | 15.67% |
| 10 | Equinox Gold | 7.43 Bn | 6.07 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.02% |
| Mar 31, 2026 | 61.76% |
| Dec 31, 2025 | 40.05% |
| Sep 30, 2025 | 17.08% |
| Jun 30, 2025 | 14.87% |
| Mar 31, 2025 | -24.10% |
| Dec 31, 2024 | 18.61% |
| Sep 30, 2024 | 19.65% |
| Jun 30, 2024 | 2.19% |
| Mar 31, 2024 | -2.18% |
| Dec 31, 2023 | 21,300.00% |
| Sep 30, 2023 | 3.03% |
| Jun 30, 2023 | 5.18% |
| Mar 31, 2023 | 0.70% |
| Dec 31, 2022 | 5.13% |
| Sep 30, 2022 | -5.14% |
| Jun 30, 2022 | -1.49% |
| Mar 31, 2022 | 5.86% |
| Dec 31, 2021 | 20.72% |
| Sep 30, 2021 | 8.81% |
Equinox Gold EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=EQX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "EQX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=EQX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();