EQX (Equinox Gold) FCF Margin %: 6.04% (As of Mar. 2026)


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 FCF Margin %?

Equinox Gold EQX +0.43% 75 FCF Margin % is 6.04% as of Mar. 2026. 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 847 Metals & Mining companies, Equinox Gold ranks better than 72.26% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Equinox Gold's Free Cash Flow for the three months ended in Mar. 2026 was $52 Mil. Equinox Gold's Revenue for the three months ended in Mar. 2026 was $862 Mil. Therefore, Equinox Gold's FCF Margin % for the quarter that ended in Mar. 2026 was 6.04%.

As of today, Equinox Gold's current FCF Yield % is 2.43%.

The historical rank and industry rank for Equinox Gold's FCF Margin % or its related term are showing as below:

EQX' s FCF Margin % Range Over the Past 10 Years
Min: -794.51   Med: -13.44   Max: 9.58
Current: 8


During the past 13 years, the highest FCF Margin % of Equinox Gold was 9.58%. The lowest was -794.51%. And the median was -13.44%.

EQX's FCF Margin % is ranked better than
72.26% of 847 companies
in the Metals & Mining industry
Industry Median: -2.17 vs EQX: 8.00


Equinox Gold FCF Margin % Related Terms


Equinox Gold FCF Margin % Historical Data

* Premium members only.

The historical data trend for Equinox Gold's FCF 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 FCF Margin % Chart

Equinox Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.17 -52.57 -15.15 -4.37 6.93

Equinox Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF 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 -14.80 0.00 0.65 128.44 6.04

EQX vs NEM, AU: FCF Margin % Comparison

For the Gold subindustry, Equinox Gold's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Metals & Mining Industry

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

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


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

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

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

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=125.999/1817.195
=6.93 %

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

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=52/861.593
=6.04 %

* 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 FCF Margin % →
What does a FCF Margin % of 6.04% mean?
Equinox Gold (EQX) has a FCF Margin % of 6.04% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Equinox Gold and its competitors. According to the industry distribution chart, Equinox Gold ranks #235 out of 847 companies in the Metals & Mining industry, placing it in the top 27.7%.
Is Equinox Gold's FCF Margin % too high?
Equinox Gold's current FCF Margin % is 6.04%. Based on the distribution chart, Equinox Gold ranks #235 out of 847 companies in the Metals & Mining industry, which is above the industry midpoint. 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 FCF Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Equinox Gold ranks #235 out of 847 companies for FCF Margin %. This puts Equinox Gold in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Equinox Gold and its competitors. Equinox Gold's current FCF Margin % is 6.04%. 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 FCF Margin % is 6.04%. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Equinox Gold (EQX), the current FCF Margin % is 6.04% 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:

  • FCF Margin %: 6.04%
  • GF Value™: $5.91 vs. price of $9.41 (59.2% above fair value)
  • GF Score™: 75/100 with 3 warning signs

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

$9.41
Price
$5.91
GF Value