EQX (Equinox Gold) EBITDA Margin %: 53.60% (As of Mar. 2026) — 100% Above Median


EQX Equinox Gold Corp EQX
75 GF Score
Price $9.41
GF Value $5.91
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Equinox Gold EBITDA Margin %?

Equinox Gold EQX +0.43% 75 EBITDA Margin % is 53.60% as of Mar. 2026, which is 100% above its 10-year median of 26.75. GuruFocus rates EQX with a GF Score™ of 75/100 and a GF Value™ of $5.91 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 841 Metals & Mining companies, Equinox Gold ranks better than 86.21% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Equinox Gold's EBITDA for the three months ended in Mar. 2026 was $462 Mil. Equinox Gold's Revenue for the three months ended in Mar. 2026 was $862 Mil. Therefore, Equinox Gold's EBITDA margin for the quarter that ended in Mar. 2026 was 53.60%.


Equinox Gold  (AMEX:EQX) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Equinox Gold EBITDA Margin % Related Terms


Equinox Gold EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Equinox Gold's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Equinox Gold EBITDA Margin % Chart

Equinox Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.58 13.73 26.75 92.81 45.57

Equinox Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.02 33.39 41.31 228.06 53.60

EQX vs NEM, AU: EBITDA Margin % Comparison

For the Gold subindustry, Equinox Gold's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equinox Gold EBITDA Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Equinox Gold's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Equinox Gold's EBITDA Margin % falls into.


EQX
75GF Score
Equinox Gold Corp EQX
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Equinox Gold EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Equinox Gold's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=828.171/1817.195
=45.57 %

Equinox Gold's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=461.804/861.593
=53.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 53.60% mean?
Equinox Gold (EQX) has a EBITDA Margin % of 53.60% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Equinox Gold and its competitors. This is 100% above median its historical median of 26.75. According to the industry distribution chart, Equinox Gold ranks #116 out of 841 companies in the Metals & Mining industry, placing it in the top 13.8%.
Is Equinox Gold's EBITDA Margin % too high?
Equinox Gold's current EBITDA Margin % of 53.60% is 100% above median its 10-year median of 26.75. The Metals & Mining industry median EBITDA Margin % is 8.89. Equinox Gold's value of 53.60% is 502.9% above this industry median. Based on the distribution chart, Equinox Gold ranks #116 out of 841 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Equinox Gold has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equinox Gold's EBITDA Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Equinox Gold ranks #116 out of 841 companies for EBITDA Margin %. This places Equinox Gold in the top 14% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.89. Equinox Gold's value of 53.60% is 502.9% above this benchmark. While the company's 10-year median is 26.75 vs. the industry median of 8.89, Equinox Gold has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Metals & Mining company?
The median EBITDA Margin % among Metals & Mining companies is 8.89, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equinox Gold's current EBITDA Margin % of 53.60% is 502.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Equinox Gold and its competitors. For the Metals & Mining industry, the median EBITDA Margin % is 8.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equinox Gold's current EBITDA Margin % is 53.60%, which is 100% above median its own 10-year median of 26.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equinox Gold stock overvalued right now?
Based on GuruFocus' analysis, Equinox Gold (EQX) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.91, compared to a current price of $9.41 — trading 59.2% above its estimated fair value. The current EBITDA Margin % is 53.60%, which is 100% above median its 10-year median of 26.75 and 502.9% above the Metals & Mining industry median of 8.89. Equinox Gold's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Equinox Gold (EQX), the current EBITDA Margin % is 53.60% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Equinox Gold (EQX) Overvalued in 2026?

Based on GuruFocus' analysis, Equinox Gold stock appears to be overvalued. The current stock price of $9.41 is trading 59.2% above its estimated GF Value™ of $5.91. GuruFocus considers Equinox Gold to be Significantly Overvalued.

Key valuation signals for EQX:

  • EBITDA Margin %: 53.60% (100% above median its 10-year median of 26.75)
  • GF Value™: $5.91 vs. price of $9.41 (59.2% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 502.9% above the Metals & Mining median (#116 of 841)

No single metric tells the full story. See the EQX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Equinox Gold Business Description

Other Exchanges 1LRC:GermanyEQX:Canada
Address 700 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6C 1G8
Equinox Gold Corp is a mining company engaged in the operation, acquisition, exploration, and development of mineral properties, with a focus on gold. The company operates gold mines and a clear plan to increase production by advancing the pipeline of growth projects. Geographically, the company operates in the Canada, United States, Mexico, and others. The majority of its revenue is generated from Canada.
75GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.41
Price
$5.91
GF Value