Equinox Gold (EQX) FCF Margin (2019 - 2025)

Equinox Gold (EQX) recorded quarterly FCF Margin of 55.46% in Q3 2025, up 19.18% quarter-over-quarter from 46.54% in Q2 2025, and down 527.0% on a YoY basis from 12.99% in Q3 2024.

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 55.46% for Q3 2025.

  • In Q3 2025, FCF Margin fell 527.0% year-over-year to 55.46%; the TTM figure through Dec 2025 stood at 471.91% (up 45413.0% YoY), while the FY2018 annual figure was 12.49%, changed N/A from the prior year.
  • FCF Margin was 55.46% for Q3 2025 at Equinox Gold, up from 46.54% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 160.17% in Q4 2024 to a low of 239.23% in Q4 2023.
  • Historically, FCF Margin has averaged 45.83% across 4 years, with a median of 62.02% in 2022.
  • Biggest YoY gain for FCF Margin was 39940 bps in 2024; the steepest drop was 5531 bps in 2024.
  • A 4-year view of FCF Margin shows it stood at 80.61% in 2022, then slumped by 397 bps to 239.23% in 2023, then surged by 167 bps to 160.17% in 2024, then sank by 65 bps to 55.46% in 2025.
  • The last three FCF Margin figures came in at 55.46% (Q3 2025), 46.54% (Q2 2025), and 160.17% (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF 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 67.71%
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn 84.95%
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn -
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn 77.72%
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 43.03%
8 Equinox Gold 51.34 Bn 50.84 Bn - -
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn -
10 Aura Minerals 47.46 Bn 47.17 Bn 19.58 Mn 123.16%

Historic Data

Download Data
DateValue
Sep 30, 2025 55.46%
Jun 30, 2025 46.54%
Dec 31, 2024 160.17%
Sep 30, 2024 60.74%
Jun 30, 2024 -0.48%
Mar 31, 2024 124.71%
Dec 31, 2023 -239.23%
Sep 30, 2023 69.50%
Jun 30, 2023 54.83%
Mar 31, 2023 73.86%
Sep 30, 2022 80.61%
Jun 30, 2022 63.31%
Sep 30, 2020 25.98%
Jun 30, 2020 25.68%
Dec 31, 2019 -198.94%
Mar 31, 2019 94.24%