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Friday 6 November 2026 Export EQX’s income statement to Excel — free account

Equinox Gold Corp.

EQX Basic Materials Gold

Equinox Gold Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 99.1% from fiscal 2024.

Revenue
+169.3%
EPS
+480.0%
Free cash flow
−103.6%
Total debt
−67.3%

Quarter to June 2026, against a year earlier

11.35 0.07 +0.62%
Market cap
$13.2B
P/E
10.9×
Fwd P/E
9.3×
Dividend yield
0.46%
F-score
7/9
Altman Z
1.62
Beneish M
−2.57
Dividend safety
66/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Equinox Gold Corp. (EQX) Debt to equity

Alert me on Debt to equity

Equinox Gold Corp.'s debt to equity at the end of the quarter to 30 June 2026 was 0.1×, down 0.2× from fiscal 2025 (0.3×). Over the past ten years it has ranged from 0.0× (fiscal 2016) to 0.7× (fiscal 2019); the current reading is higher than 40% of that period. That is above the Gold industry median of 0.0× and below the Basic Materials sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.3× (32.37%)
FY2024 0.4× 4.75%
FY2023 0.4× 4.84%
FY2022 0.4× 72.74%
FY2021 0.2× (44.45%)
FY2020 0.4× (42.54%)
FY2019 0.7× 19.28%
FY2018 0.5× 347.23%
FY2017 0.1× —
FY2016 0.0× —

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.1× (8.86%)
Mar 2026 0.1× (62.58%)
Dec 2025 0.3× (8.02%)
Sep 2025 0.3× (13.29%)
23 more quarters

Against its own ten years

Low 0.0× High 0.7×
Ten-year median 0.4×
Current reading's percentile 40

Debt to equity against peers

Company Debt to equity
SSRM Silver Standard Resources Inc. compare 0.0×
CDE Coeur Mining, Inc. compare 0.0×
OGC Oceanagold Corp. compare 0.0×
RGLD Royal Gold, Inc. compare 0.0×
EQX Equinox Gold Corp. 0.1×
BTG B2Gold Corp compare 0.1×
OR OR Royalties Inc. compare 0.1×
HMY Harmony Gold Mining Company Limited compare 0.2×
AUGO Aura Minerals Inc. compare 1.0×
Gold industry median 0.0×
Basic Materials sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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