Equinox Gold (EQX) Invested Capital (2018 - 2025)
Equinox Gold (EQX) posted quarterly Invested Capital of $1.1 billion for Q4 2025, up 15.55% year-over-year from $964.8 million in Q4 2024, and down 5.68% on a QoQ basis from $1.2 billion in Q3 2025.
Equinox Gold (EQX) Invested Capital (2018 - 2025) Analysis & Trends
Equinox Gold (EQX) has reported Invested Capital for 7 consecutive years, with $1.1 billion the latest figure, recorded in Q4 2025.
- In Q4 2025, Invested Capital rose 15.55% year-over-year to $1.1 billion; the TTM figure through Mar 2026 stood at $2.5 billion (up 3.11% YoY), while the FY2025 annual figure was $1.1 billion, up 13.03% from the prior year.
- Invested Capital came in at $1.1 billion for Q4 2025 at Equinox Gold, down from $1.2 billion in the prior quarter.
- The five-year high for Invested Capital was $1.5 billion in Q2 2024, with the low at -$31.7 billion in Q4 2021.
- Average Invested Capital over 5 years is -$1.8 billion, with a median of $734.1 million recorded in 2022.
- Across the five-year window, Invested Capital slumped 311047.6% in 2021 and soared 979.45% in 2024, its largest moves.
- Year by year, Invested Capital stood at -$31.7 billion in 2021, then soared by 102.61% to $828.0 million in 2022, then sank by 83.37% to $137.7 million in 2023, then soared by 600.77% to $964.8 million in 2024, then grew by 15.55% to $1.1 billion in 2025.
- According to Business Quant data, Invested Capital over the past three periods registered $1.1 billion, $1.2 billion, and $220.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 36.77 Bn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 540,000.00 |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 40.18 Bn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | - |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 9.26 Bn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | - |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 8.11 Bn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | 11.17 Bn |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 9.10 Bn |
| 10 | Equinox Gold | 7.68 Bn | 8.27 Bn | 319.98 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.11 Bn |
| Sep 30, 2025 | 1.18 Bn |
| Jun 30, 2025 | 220.31 Mn |
| Dec 31, 2024 | 964.82 Mn |
| Sep 30, 2024 | 1.48 Bn |
| Mar 31, 2024 | 929.10 Mn |
| Sep 30, 2023 | 137.68 Mn |
| Jun 30, 2023 | 136.77 Mn |
| Dec 31, 2022 | 828.02 Mn |
| Sep 30, 2022 | 734.09 Mn |
| Jun 30, 2022 | 26.67 Mn |
| Mar 31, 2022 | 26.67 Mn |
| Dec 31, 2021 | -31.72 Bn |
| Dec 31, 2020 | 10.20 Mn |
| Sep 30, 2020 | 25.23 Mn |
| Jun 30, 2020 | 116.29 Mn |
| Dec 31, 2018 | 609.34 Mn |