Equinox Gold (EQX) FCF Margin (2019 - 2025)
Equinox Gold (EQX) posted quarterly FCF Margin of 40.53% for Q4 2025, down 1179.0% year-over-year from 3.76% in Q4 2024, and down 240.98% quarter-over-quarter from 28.75% in Q3 2025.
Equinox Gold (EQX) FCF Margin (2019 - 2025) Analysis & Trends
Equinox Gold's FCF Margin history runs 6 years deep, the most recent figure standing at 40.53% for Q4 2025.
- In Q4 2025, FCF Margin fell 1179.0% year-over-year to 40.53%; the TTM figure through Mar 2026 stood at 5.53% (up 150.0% YoY), while the FY2025 annual figure was 41.49%, up 1588.0% from the prior year.
- FCF Margin for Q4 2025 stood at 40.53%, down from 28.75% in the prior quarter.
- The five-year high for FCF Margin was 69.5% in Q3 2023, with the low at 40.53% in Q4 2025.
- The 4-year median for FCF Margin is 29.05% (2024), against an average of 24.13%.
- Peak annual rise in FCF Margin reached 30 bps in 2025, while the deepest fall reached 9339 bps in 2025.
- Equinox Gold's FCF Margin stood at 63.31% in 2022, then grew by 10 bps to 69.5% in 2023, then plunged by 141 bps to 28.74% in 2024, then slumped by 41 bps to 40.53% in 2025.
- Business Quant data shows EQX's FCF Margin at 40.53% in Q4 2025, 28.75% in Q3 2025, and 20.05% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 139.31 Bn | 130.30 Bn | 4.03 Bn | 36.04% |
| 2 | Agnico Eagle Mines | 107.93 Bn | 104.47 Bn | 2.43 Bn | 77.66% |
| 3 | Barrick Mining | 78.50 Bn | 72.57 Bn | 2.90 Bn | 9.73% |
| 4 | Wheaton Precious Metals | 70.53 Bn | 70.43 Bn | 687.86 Mn | 69.90% |
| 5 | AngloGold Ashanti | 61.03 Bn | 58.20 Bn | 1.70 Bn | 46.13% |
| 6 | Gold Fields | 42.67 Bn | 40.89 Bn | - | - |
| 7 | Pan American Silver | 22.06 Bn | 20.49 Bn | 457,000.00 | 37,277.58% |
| 8 | Royal Gold | 21.66 Bn | 21.48 Bn | 390.45 Mn | 74.39% |
| 9 | Coeur Mining | 21.66 Bn | 20.60 Bn | 535.85 Mn | 35.70% |
| 10 | Equinox Gold | 10.41 Bn | -317,789.76 Bn | 301.70 | -25,656,014.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -40.53% |
| Sep 30, 2025 | 28.75% |
| Jun 30, 2025 | 20.05% |
| Mar 31, 2025 | -34.89% |
| Dec 31, 2024 | -28.74% |
| Sep 30, 2024 | 29.05% |
| Jun 30, 2024 | 44.90% |
| Mar 31, 2024 | 58.51% |
| Sep 30, 2023 | 69.50% |
| Jun 30, 2022 | 63.31% |
| Mar 31, 2022 | 55.51% |
| Sep 30, 2020 | 25.98% |
| Jun 30, 2020 | -0.10% |
| Jun 30, 2019 | 87.45% |
| Mar 31, 2019 | 94.24% |