Equinox Gold Corp.
EQX NYSE· Gold And Silver Ores
Last close · Nov 6, 2026
$11.52
Key numbers, fiscal 2025
Market cap
$7.3B
P/E
32.9x
Revenue
$1.8B
Net income
$221M
Free cash flow
$126M
Operating margin
23.8%
Equinox Gold Corp. in 30 seconds fiscal 2025
Are sales growing?
+99.1%
Yes. Sales grew 99.1% last year.
Does it make a profit?
12.2%
Yes. It keeps 12.2% of every sale as profit.
Does profit turn into cash?
6.9%
Partly. 6.9% of sales ends up as free cash.
Is debt under control?
1.5x
Keep an eye on it. Repaying its debt would take 1.5 years of operating profit.
How healthy are the accounts?
6 / 8
Mixed. It passes 6 of 8 health tests.
How is the share priced?
32.9x
One share costs 32.9 times its yearly profit per share.
What Equinox Gold Corp. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 40-F · Mar 31, 2026
- Legal name
- Equinox Gold Corp.
- CIK
- 0001756607
Equinox Gold Corp. · EQX · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.1B | $952M | $1.1B | $913M | $1.8B |
| Revenue growth | 28.0% | −12.0% | 14.3% | −16.1% | 99.1% |
| Gross margin | 21.3% | 8.9% | 10.0% | 22.6% | 35.4% |
| Operating margin | 13.5% | 1.1% | 4.6% | 16.6% | 23.8% |
| Net income | $555M | −$106M | $28.9M | $339M | $221M |
| Net margin | 51.3% | −11.1% | 2.7% | 37.2% | 12.2% |
| Diluted EPS | $1.69 | −$0.35 | $0.09 | $0.75 | $0.35 |
| Cash | |||||
| Cash from operations | $321M | $56.5M | $358M | $372M | $818M |
| Capital expenditure | $344M | $557M | $523M | $412M | $692M |
| Free cash flow | −$23.4M | −$501M | −$165M | −$39.9M | $126M |
| FCF margin | −2.2% | −52.6% | −15.1% | −4.4% | 6.9% |
| Share count change | 52.8% | −8.9% | 4.0% | 49.7% | 33.1% |
| Debt and strength | |||||
| Cash and short-term investments | $310M | $201M | $192M | $239M | $430M |
| Debt incl. finance leases | $541M | $828M | $925M | $1.3B | $1.6B |
| Shareholders' equity | $2.6B | $2.4B | $2.4B | $3.4B | $5.8B |
| Net debt / EBITDA | 0.7x | 3.2x | 2.8x | 4.2x | 1.5x |
| Interest coverage | 3.5x | 0.3x | 0.8x | 1.7x | 2.4x |
| Returns and quality | |||||
| Return on capital | 5.2% | 0.3% | 1.6% | 2.2% | 4.1% |
| Return on equity | 27.5% | −4.3% | 1.2% | 11.6% | 4.8% |
| Return on tangible equity | 21.5% | −4.5% | 1.2% | 10.0% | 3.8% |
| Piotroski F-score | 4 | 3 | 7 | 6 | 6 |
Insider trades 12 months
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Equinox Gold Corp. · EQX · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001756607). Latest version: stoqly.net/companies/eqx. Data updated November 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.