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| Date | Value |
|---|---|
| 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% |