Equinox Gold (EQX) EBITDA Margin (2019 - 2026)
Equinox Gold (EQX) posted quarterly EBITDA Margin of 45.29% for Q1 2026, up 3253.0% year-over-year from 1.35% in Q1 2025, and up 5.5% quarter-over-quarter from 42.93% in Q4 2025.
Equinox Gold (EQX) EBITDA Margin (2019 - 2026) Analysis & Trends
Equinox Gold's EBITDA Margin history runs 8 years deep, the most recent figure standing at 45.29% for Q1 2026.
- In Q1 2026, EBITDA Margin rose 3253.0% year-over-year to 45.29%; the TTM figure through Mar 2026 stood at 32.91% (up 1678.0% YoY), while the FY2025 annual figure was 23.79%, up 717.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 45.29%, up from 42.93% in the prior quarter.
- The five-year high for EBITDA Margin was 45.29% in Q1 2026, with the low at 2.2% in Q1 2024.
- The 5-year median for EBITDA Margin is 8.5% (2023), against an average of 14.14%.
- The sharpest annual moves came in 2023 and 2026: EBITDA Margin tumbled 517 bps in 2023, then soared 3253 bps in 2026.
- Equinox Gold's EBITDA Margin stood at 1.49% in 2022, then surged by 670 bps to 8.5% in 2023, then jumped by 170 bps to 22.9% in 2024, then soared by 87 bps to 42.93% in 2025, then grew by 6 bps to 45.29% in 2026.
- Business Quant data shows EQX's EBITDA Margin at 45.29% in Q1 2026, 42.93% in Q4 2025, and 25.05% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 16.48% |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 60.65% |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 51.63% |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 71.79% |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | 63.60% |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | 44.22% |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 19.94% |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 62.13% |
| 10 | Equinox Gold | 10.18 Bn | -317,789.98 Bn | 301.70 | 16.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 45.29% |
| Dec 31, 2025 | 42.93% |
| Sep 30, 2025 | 25.05% |
| Jun 30, 2025 | 19.87% |
| Mar 31, 2025 | 12.76% |
| Dec 31, 2024 | 22.90% |
| Sep 30, 2024 | 19.65% |
| Jun 30, 2024 | 4.16% |
| Mar 31, 2024 | -2.20% |
| Dec 31, 2023 | 8.50% |
| Sep 30, 2023 | 3.02% |
| Jun 30, 2023 | 5.19% |
| Mar 31, 2023 | 0.68% |
| Jun 30, 2022 | -1.49% |
| Mar 31, 2022 | 5.86% |
| Sep 30, 2021 | 8.81% |
| Jun 30, 2021 | 0.00% |
| Mar 31, 2021 | 0.00% |
| Dec 31, 2020 | 19.08% |
| Sep 30, 2020 | 26.42% |