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

Equinox Gold Corp. (EQX) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Equinox Gold Corp. (EQX) trades at a EV/EBITDA of 6.4×. Over the past ten years it has ranged from 0.0× (June 2020) to 20.0× (December 2025); the current reading is higher than 30% of that period. That is below the Gold industry median of 6.7× and below the Basic Materials sector median of 9.2×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 12.4× 43.72%
FY2024 8.6× 9.74%
FY2023 7.9× (5.72%)
FY2022 8.4× 60.20%
FY2021 5.2× (37.85%)
FY2020 8.4× —
FY2019 0.0× —
FY2018 0.0× —
FY2016 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 5.5× (43.24%)
Mar 2026 9.6× (22.33%)
Dec 2025 12.4× (20.01%)
Sep 2025 15.5× 64.64%
24 more quarters

Against its own ten years

Low 0.0× High 20.0×
Ten-year median 8.4×
Current reading's percentile 30

EV/EBITDA against peers

Company EV/EBITDA
BTG B2Gold Corp compare 3.0×
OGC Oceanagold Corp. compare 3.9×
SSRM Silver Standard Resources Inc. compare 5.5×
EQX Equinox Gold Corp. 6.4×
HMY Harmony Gold Mining Company Limited compare 6.8×
AUGO Aura Minerals Inc. compare 8.0×
CDE Coeur Mining, Inc. compare 8.1×
RGLD Royal Gold, Inc. compare 15.4×
OR OR Royalties Inc. compare 21.6×
Gold industry median 6.7×
Basic Materials sector median 9.2×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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