Equinox Gold (EQX) | Financial Analysis & Statements

Equinox Gold Corp. | Mid-cap | Basic Materials

$5.87

-0.51%

Equinox Gold vs Agnico Eagle Mines Equinox Gold vs Newmont Equinox Gold vs Coeur Mining Equinox Gold vs Osisko Gold Equinox Gold vs B2Gold Equinox Gold vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.5B

Gross Profit 304.0M 20.08%

Operating Income 238.0M 15.72%

Net Income 339.3M 22.41%

EPS (Diluted) $0.75

Balance Sheet Metrics

Total Assets 6.7B

Total Liabilities 3.3B

Shareholders Equity 3.4B

Debt to Equity 0.98

Cash Flow Metrics

Operating Cash Flow 302.0M

Free Cash Flow -39.9M

Revenue & Profitability Trend

Interactive Financial Charts Not Available

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Available Financial Data:

Income statements (annual and quarterly)
Balance sheets with asset and liability details
Cash flow statements and free cash flow analysis
Key financial ratios and performance metrics
Peer comparison and industry benchmarking

All financial data is displayed in accessible table format below. Use the table headers and structure to analyze trends and compare metrics across different periods.

Equinox Gold Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	1.5B	1.1B	952.2M	1.1B	845.4M
Cost of Goods Sold	1.2B	979.2M	867.2M	851.7M	555.2M
Gross Profit	304.0M	109.0M	85.0M	230.6M	290.2M
Operating Expenses	63.4M	56.9M	64.1M	67.6M	51.5M
Operating Income	238.0M	35.8M	9.9M	146.5M	166.9M
Pre-tax Income	630.1M	14.8M	-98.4M	535.0M	43.1M
Income Tax	290.8M	-14.1M	7.6M	-19.9M	20.8M
Net Income	339.3M	28.9M	-106.0M	554.9M	22.3M
EPS (Diluted)	$0.75	$0.09	-$0.35	$1.69	$0.09

Income Statement Trend

Equinox Gold Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	784.1M	834.0M	655.1M	1.2B	646.0M
Non-Current Assets	5.9B	3.5B	3.2B	2.8B	2.0B
Total Assets	6.7B	4.4B	3.9B	4.0B	2.7B
Liabilities
Current Liabilities	689.1M	479.6M	271.7M	402.6M	222.7M
Non-Current Liabilities	2.6B	1.4B	1.2B	979.4M	1.0B
Total Liabilities	3.3B	1.9B	1.5B	1.4B	1.2B
Equity
Total Shareholders Equity	3.4B	2.4B	2.4B	2.6B	1.4B

Balance Sheet Composition

Equinox Gold Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	339.3M	28.9M	-106.0M	554.9M	22.3M
Operating Cash Flow	302.0M	393.3M	2.0M	755.9M	234.9M
Investing Activities
Capital Expenditures	-	-	-557.1M	-344.2M	-174.8M
Investing Cash Flow	-699.6M	60.6M	-419.0M	-347.6M	-143.7M
Financing Activities
Dividends Paid	0	0	0	0	0
Financing Cash Flow	902.7M	407.5M	576.2M	2.9M	387.4M
Free Cash Flow	-39.9M	-164.8M	-500.6M	-23.4M	81.0M

Cash Flow Trend

Equinox Gold Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 8.62

Forward P/E 5.61

Price to Book 0.84

Price to Sales 2.77

PEG Ratio 5.61

Profitability Ratios

Profit Margin 18.07%

Operating Margin 1.00%

Return on Equity 10.70%

Return on Assets 2.83%

Financial Health

Current Ratio 0.85

Debt to Equity 45.14

Beta 1.42

Per Share Data

EPS (TTM) $0.71

Book Value per Share $7.29

Revenue per Share $3.92

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
eqx	4.7B	8.62	0.84	10.70%	18.07%	45.14
Agnico Eagle Mines	61.8B	26.03	2.84	11.45%	26.48%	5.92
Newmont	66.2B	13.54	2.13	16.66%	25.77%	25.41
Coeur Mining	5.8B	31.24	2.11	6.44%	10.11%	18.56
Osisko Gold	4.8B	149.47	3.92	2.51%	15.29%	6.59
B2Gold	4.8B	262.00	1.54	-17.24%	-31.03%	13.39

Financial data is updated regularly. All figures are in the company's reporting currency.