Equinox Gold (EQX) EBITDA Margin (2019 - 2026)

Equinox Gold (EQX) posted quarterly EBITDA Margin of 45.29% for Q1 2026, up 4416.0% year-over-year from 1.0% in Q1 2025, and up 5.5% on a QoQ basis from 42.93% in Q4 2025.

Equinox Gold (EQX) EBITDA Margin (2019 - 2026) Analysis & Trends

Equinox Gold (EQX) has reported EBITDA Margin for 8 consecutive years, with 45.29% the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA Margin rose 4416.0% year-over-year to 45.29%; the TTM figure through Mar 2026 stood at 33.16% (down 276.0% YoY), while the FY2025 annual figure was 23.79%, down 4494.0% from the prior year.
  • EBITDA Margin came in at 45.29% for Q1 2026 at Equinox Gold, up from 42.93% in the prior quarter.
  • The five-year high for EBITDA Margin was 84.81% in Q4 2024, with the low at 2.2% in Q1 2024.
  • Average EBITDA Margin over 5 years is 20.28%, with a median of 10.48% recorded in 2022.
  • Across the five-year window, EBITDA Margin slumped 4189 bps in 2025 and surged 4416 bps in 2026, its largest moves.
  • Year by year, EBITDA Margin stood at 5.12% in 2022, then surged by 752 bps to 43.57% in 2023, then surged by 95 bps to 84.81% in 2024, then slumped by 49 bps to 42.93% in 2025, then advanced by 6 bps to 45.29% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 45.29%, 42.93%, and 18.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 58.20%
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -40.43%
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 60.86%
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn 94.75%
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 83.38%
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn 67.78%
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 84.59%
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 55.58%
10 Equinox Gold 7.68 Bn 8.27 Bn 319.98 Mn 45.29%

Historic Data

Download Data
DateValue
Mar 31, 2026 45.29%
Dec 31, 2025 42.93%
Sep 30, 2025 18.95%
Jun 30, 2025 19.87%
Mar 31, 2025 1.13%
Dec 31, 2024 84.81%
Sep 30, 2024 45.19%
Jun 30, 2024 4.19%
Mar 31, 2024 -2.20%
Dec 31, 2023 43.57%
Sep 30, 2023 3.02%
Jun 30, 2023 5.19%
Mar 31, 2023 0.68%
Dec 31, 2022 5.12%
Sep 30, 2022 10.48%
Jun 30, 2022 10.73%
Mar 31, 2022 5.86%
Sep 30, 2021 32.30%
Jun 30, 2021 0.00%
Mar 31, 2021 0.00%