Equinox Gold (EQX) EBIT Margin (2019 - 2025)

Equinox Gold (EQX) recorded quarterly EBIT Margin of 1.15% in Q4 2025, down 93.91% quarter-over-quarter from 18.95% in Q3 2025, and down 2177.0% on a YoY basis from 0.06% in Q4 2024.

Equinox Gold (EQX) EBIT Margin (2019 - 2025) Analysis & Trends

Equinox Gold's EBIT Margin history runs 7 years deep, the most recent figure standing at 1.15% for Q4 2025.

  • In Q4 2025, EBIT Margin fell 2177.0% year-over-year to 1.15%; the TTM figure through Dec 2025 stood at 132.6% (up 11607.0% YoY), while the FY2025 annual figure was 11.54%, down 750.0% from the prior year.
  • EBIT Margin was 1.15% for Q4 2025 at Equinox Gold, down from 18.95% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 23.47% in Q3 2024 to a low of 5.14% in Q3 2022.
  • Historically, EBIT Margin has averaged 6.89% across 5 years, with a median of 5.15% in 2022.
  • The sharpest annual moves came in 2024 and 2025: EBIT Margin surged 2045 bps in 2024, then sank 2177 bps in 2025.
  • A 5-year view of EBIT Margin shows it stood at 10.24% in 2021, then plunged by 50 bps to 5.13% in 2022, then surged by 244 bps to 17.65% in 2023, then gained by 30 bps to 22.93% in 2024, then tumbled by 95 bps to 1.15% in 2025.
  • The last three EBIT Margin figures came in at 1.15% (Q4 2025), 18.95% (Q3 2025), and 13.44% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (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 58.20%
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn 74.85%
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn 57.78%
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn 55.58%
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 60.86%
8 Equinox Gold 51.34 Bn 50.84 Bn - -
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn 29.17%
10 Aura Minerals 47.46 Bn 47.17 Bn 19.58 Mn 51.44%

Historic Data

Download Data
DateValue
Dec 31, 2025 1.15%
Sep 30, 2025 18.95%
Jun 30, 2025 13.44%
Mar 31, 2025 -3.46%
Dec 31, 2024 22.93%
Sep 30, 2024 23.47%
Jun 30, 2024 5.16%
Mar 31, 2024 -4.06%
Dec 31, 2023 17.65%
Sep 30, 2023 3.02%
Jun 30, 2023 5.19%
Mar 31, 2023 0.68%
Dec 31, 2022 5.13%
Sep 30, 2022 -5.14%
Jun 30, 2022 -1.49%
Mar 31, 2022 4.63%
Sep 30, 2021 10.24%
Jun 30, 2021 6.54%
Dec 31, 2020 19.08%
Sep 30, 2020 26.42%