Equinox Gold (EQX) EBT Margin (2019 - 2025)
Equinox Gold (EQX) recorded quarterly EBT Margin of 7.34% in Q4 2025, down 286.38% quarter-over-quarter from 3.94% in Q3 2025, and down 867.0% on a YoY basis from 0.96% in Q4 2024.
Equinox Gold (EQX) EBT Margin (2019 - 2025) Analysis & Trends
Equinox Gold's EBT Margin history runs 7 years deep, the most recent figure standing at 7.34% for Q4 2025.
- In Q4 2025, EBT Margin fell 867.0% year-over-year to 7.34%; the TTM figure through Dec 2025 stood at 7.71% (down 6639.0% YoY), while the FY2025 annual figure was 7.23%, down 5119.0% from the prior year.
- EBT Margin was 7.34% for Q4 2025 at Equinox Gold, down from 3.94% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 338.62% in Q2 2024 to a low of 42.39% in Q1 2025.
- Historically, EBT Margin has averaged 18.84% across 5 years, with a median of 0.56% in 2022.
- The sharpest annual moves came in 2024 and 2025: EBT Margin jumped 33696 bps in 2024, then plunged 33781 bps in 2025.
- A 5-year view of EBT Margin shows it stood at 5.8% in 2021, then soared by 67 bps to 1.93% in 2022, then surged by 245 bps to 2.79% in 2023, then slumped by 52 bps to 1.34% in 2024, then sank by 649 bps to 7.34% in 2025.
- The last three EBT Margin figures came in at 7.34% (Q4 2025), 3.94% (Q3 2025), and 0.8% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT 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 | 61.86% |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | 76.67% |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | 52.82% |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | 54.87% |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 62.72% |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | - |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | 60.23% |
| 10 | Aura Minerals | 47.46 Bn | 47.17 Bn | 19.58 Mn | 45.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -7.34% |
| Sep 30, 2025 | 3.94% |
| Jun 30, 2025 | 0.80% |
| Mar 31, 2025 | -42.39% |
| Dec 31, 2024 | 1.34% |
| Sep 30, 2024 | 7.41% |
| Jun 30, 2024 | 338.62% |
| Mar 31, 2024 | -32.42% |
| Dec 31, 2023 | 2.79% |
| Sep 30, 2023 | -2.07% |
| Jun 30, 2023 | 1.66% |
| Mar 31, 2023 | 3.33% |
| Dec 31, 2022 | -1.93% |
| Sep 30, 2022 | -11.42% |
| Jun 30, 2022 | -21.91% |
| Mar 31, 2022 | -7.22% |
| Sep 30, 2021 | -5.80% |
| Jun 30, 2021 | 111.73% |
| Dec 31, 2020 | 26.01% |
| Sep 30, 2020 | 5.32% |