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) Free cash flow margin

Alert me on Free cash flow margin

Equinox Gold Corp.'s free cash flow margin over the twelve months to 30 June 2026 was 9.05%, down 2.5 percentage points from fiscal 2025 (11.5%). Over the past ten years it has ranged from −926.5% (fiscal 2016) to 16.9% (fiscal 2020); the current reading is higher than 90% of that period. That is above the Gold industry median of 0.00% and above the Basic Materials sector median of 0.00%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 11.5% 97.40
FY2024 −85.9% (70.74)
FY2023 −15.2% 31.83
FY2022 −47.0% (53.17)
FY2021 6.19% (10.70)
FY2020 16.9% 30.05
FY2019 −13.2% 63.30
FY2018 −76.5% (76.46)
FY2017 0.00% 926.52
FY2016 −926.5% —

Against its own ten years

Low −926.5% High 16.9%
Ten-year median −14.2%
Current reading's percentile 90

Free cash flow margin against peers

Company Free cash flow margin
OR OR Royalties Inc. compare 83.6%
RGLD Royal Gold, Inc. compare 69.0%
CDE Coeur Mining, Inc. compare 44.8%
OGC Oceanagold Corp. compare 30.0%
AUGO Aura Minerals Inc. compare 16.3%
SSRM Silver Standard Resources Inc. compare 14.9%
BTG B2Gold Corp compare 12.1%
EQX Equinox Gold Corp. 9.05%
HMY Harmony Gold Mining Company Limited compare 0.00%
Gold industry median 0.00%
Basic Materials sector median 0.00%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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