Equinox Gold Corp.

DB:1LRC Stock Report

Market Cap: €2.3b

Equinox Gold Past Earnings Performance

Past criteria checks 4/6

Equinox Gold has been growing earnings at an average annual rate of 7.5%, while the Metals and Mining industry saw earnings growing at 13.6% annually. Revenues have been growing at an average rate of 17.8% per year. Equinox Gold's return on equity is 7.6%, and it has net margins of 19.8%.

Key information

7.5%

Earnings growth rate

8.5%

EPS growth rate

Metals and Mining Industry Growth29.2%
Revenue growth rate17.8%
Return on equity7.6%
Net Margin19.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Equinox Gold makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:1LRC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,237245620
30 Jun 241,093247620
31 Mar 241,095-31630
31 Dec 231,08829580
30 Sep 231,05048620
30 Jun 231,01015630
31 Mar 23963-69620
31 Dec 22952-106650
30 Sep 221,074-20660
30 Jun 221,0742670
31 Mar 221,076485710
31 Dec 211,082555660
30 Sep 21957537640
30 Jun 21956548550
31 Mar 2194567470
31 Dec 2084522460
30 Sep 20709-77430
30 Jun 20556-73380
31 Mar 20376-5320
31 Dec 19282-18290
30 Sep 19193-35280
30 Jun 19101-51290
31 Mar 1966-42280
31 Dec 1830-38290
30 Sep 180-37260
30 Jun 180-34250
31 Mar 18-3-20240
31 Dec 170-13190
30 Sep 17111110
30 Jun 1711570
31 Mar 173230
31 Dec 161-220
30 Sep 160-320
30 Jun 160-430
31 Mar 160-550
31 Dec 150-550
30 Sep 150-660
30 Jun 150-550
31 Mar 150-440
31 Dec 140-440
30 Sep 140-330
30 Jun 140-730
31 Mar 140-620

Quality Earnings: 1LRC has a large one-off gain of $475.7M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 1LRC's current net profit margins (19.8%) are higher than last year (4.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1LRC has become profitable over the past 5 years, growing earnings by 7.5% per year.

Accelerating Growth: 1LRC's earnings growth over the past year (415.4%) exceeds its 5-year average (7.5% per year).

Earnings vs Industry: 1LRC earnings growth over the past year (415.4%) exceeded the Metals and Mining industry -2.3%.

Return on Equity

High ROE: 1LRC's Return on Equity (7.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 16:02
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Equinox Gold Corp. is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin O'HalloranBMO Capital Markets Equity Research
Brian QuastBMO Capital Markets Equity Research
Carey MacRuryCanaccord Genuity