Equinox Gold (EQX) EBITDA Margin (2018 - 2026)
Equinox Gold (EQX) posted EBITDA Margin of 32.94% for Q2 2026, down 64.35% on a QoQ basis from 92.4% in Q1 2026, and down 260.0% year-over-year from 20.59% in Q2 2025.
Analysis
Equinox Gold (EQX) EBITDA Margin (2018 - 2026) Analysis & Trends
Equinox Gold has reported EBITDA Margin for 9 years, with the latest figure at 32.94% in Q2 2026.
- On a quarterly basis, EBITDA Margin fell 260.0% year-over-year to 32.94% in Q2 2026; TTM through Jun 2026 was 36.02%, a 1229.0% increase from a year earlier, with the FY2025 full-year figure at 40.82%, up 3623.0% from the prior year.
- EBITDA Margin was 32.94% for Q2 2026 at Equinox Gold, down from 92.4% in the prior quarter.
- The five-year high for EBITDA Margin was 92.4% in Q1 2026, with the low at 25.08% in Q3 2022.
- Average EBITDA Margin over 5 years is 9.49%, with a median of 12.82% recorded in 2022.
- The sharpest annual moves came in 2022 and 2026: EBITDA Margin slumped 4110 bps in 2022, then jumped 11659 bps in 2026.
- Over 5 years, EBITDA Margin stood at 17.62% in 2022, then soared by 558 bps to 80.68% in 2023, then tumbled by 33 bps to 54.27% in 2024, then gained by 2 bps to 55.43% in 2025, then sank by 41 bps to 32.94% in 2026.
- The last three EBITDA Margin figures came in at 32.94% (Q2 2026), 92.4% (Q1 2026), and 55.43% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 16.48% |
| 2 | Barrick Mining | 74.96 Bn | 78.57 Bn | 2.90 Bn | 51.63% |
| 3 | AngloGold Ashanti | 55.10 Bn | 53.93 Bn | 1.70 Bn | 56.06% |
| 4 | Alamos Gold | 15.53 Bn | 14.85 Bn | 587.30 Mn | 60.14% |
| 5 | Iamgold | 12.11 Bn | 11.65 Bn | 415.10 Mn | 44.17% |
| 6 | Buenaventura Mining | 8.61 Bn | 7.86 Bn | - | 47.67% |
| 7 | Eldorado Gold | 8.54 Bn | 7.99 Bn | 302.67 Mn | 0.00% |
| 8 | Equinox Gold | 8.07 Bn | 8.23 Bn | 428.20 Mn | 32.94% |
| 9 | B2Gold | 7.49 Bn | 7.53 Bn | 308.29 Mn | - |
| 10 | Centerra Gold | 6.42 Bn | 5.96 Bn | 433.81 Mn | 34.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.94% |
| Mar 31, 2026 | 92.40% |
| Dec 31, 2025 | 55.43% |
| Sep 30, 2025 | -3.31% |
| Jun 30, 2025 | 35.55% |
| Mar 31, 2025 | -24.18% |
| Dec 31, 2024 | 54.27% |
| Sep 30, 2024 | 5.96% |
| Jun 30, 2024 | -14.21% |
| Mar 31, 2024 | -21.32% |
| Dec 31, 2023 | 80.68% |
| Sep 30, 2023 | -17.49% |
| Jun 30, 2023 | -12.55% |
| Mar 31, 2023 | -19.57% |
| Dec 31, 2022 | -17.62% |
| Sep 30, 2022 | -25.08% |
| Jun 30, 2022 | -17.94% |
| Mar 31, 2022 | -13.08% |
| Dec 31, 2021 | 3.31% |
| Sep 30, 2021 | -10.28% |