Eldorado Gold Corporation (EGO) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.57	$0.54	-5.3%	—	$487.5M	—
Q1 26	$0.68	$0.95	+39.7%	—	$532.4M	—
Q4 25	$0.6	$0.63	+5.0%	—	$561.7M	—
Q3 25	$0.47	$0.41	-12.8%	—	$434.7M	—
Q2 25	$0.49	$0.44	-10.2%	—	$451.7M	—
Q1 25	$0.33	$0.28	-15.2%	—	$355.2M	—
Q4 24	$0.56	$0.62	+10.7%	—	$439.7M	—
Q3 24	$0.34	$0.35	+2.9%	—	$331.4M	—
Q2 24	$0.25	$0.32	+28.0%	—	$296.3M	—
Q1 24	$0.14	$0.27	+92.9%	—	$256.1M	—
Q4 23	$0.2	$0.24	+20.0%	—	$301M	—
Q3 23	$0.06	$0.17	+183.3%	—	$245.6M	—
Q2 23	$0.08	$0.09	+12.5%	—	$234.9M	—
Q1 23	$0.04	$0.11	+175.0%	—	$225.8M	—
Q4 22	$0.06	$0.14	+133.3%	—	$239.9M	—
Q3 22	$0.12	-$0.04	-133.3%	—	$222.1M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.5	—	—	$1.8B	—
FY24	—	$1.42	—	—	$1.3B	—
FY23	—	$0.54	—	—	$1B	—
FY22	—	-$1.93	—	—	$871.5M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$432.7M	$391.4M	$458.6M	$615.9M	$1B	$943.5M	$871.5M	$1B	$1.3B	$1.8B
YoY change	-9.68%	-9.55%	+17.2%	+34.3%	+66.7%	-8.1%	-7.63%	+15.9%	+31%	+36.3%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	432.7M	391.4M	458.6M	615.9M	1B	943.5M	871.5M	1B	1.3B	1.8B
Cost of revenue	269.6M	265.3M	375.2M	488M	663.3M	650.7M	699.8M	740M	815.6M	936.2M
Gross profit	163.2M	126.1M	83.4M	128M	363.4M	292.8M	171.7M	270.1M	507.9M	867.2M
Gross margin	37.7%	32.2%	18.2%	20.8%	35.4%	31%	19.7%	26.7%	38.4%	48.1%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	54M	69.2M	57.4M	42.3M	42.1M	45.8M	53.7M	54.2M	51.7M	63.8M
Operating expenses	90.7M	118.1M	109.7M	76.8M	70.1M	78.9M	109.7M	97M	91.6M	128.4M
Operating income	72.5M	8M	-26.3M	51.2M	293.3M	213.9M	62M	173M	416.3M	738.9M
Operating margin	16.7%	2.05%	-5.73%	8.31%	28.6%	22.7%	7.11%	17.1%	31.5%	41%
Non-operating income, net	-14M	-4M	-452.4M	106.1M	-37.5M	8.5M	-23.7M	-3.1M	15.3M	-200.5M
Pretax income	48.7M	792K	-466.1M	113.5M	206.3M	157.5M	11.9M	163.4M	435.4M	544.3M
Income tax	56.2M	19.4M	-86.5M	39.8M	82.4M	138.1M	61.2M	57.6M	134.8M	22.1M
Net income	-346.9M	-21.4M	-379.6M	73.7M	117.6M	-135.7M	-426.9M	101.4M	287M	504.3M
Net margin	-80.2%	-5.46%	-82.8%	12%	11.5%	-14.4%	-49%	10%	21.7%	28%
EBITDA	147.6M	97.7M	95.6M	214.2M	514.8M	422.3M	313.2M	461.3M	701.9M	1B
EPS	-2.4	-0.05	-2.28	0.51	0.61	-0.75	-1.93	0.54	1.42	2.5
Diluted EPS	-2.4	-0.05	-2.28	0.5	0.6	-0.75	-1.93	0.54	1.41	2.47

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	245.6M	301M	256.1M	296.3M	331.4M	439.7M	355.2M	451.7M	434.7M	561.7M	532.4M	487.5M
Cost of revenue	178.5M	206.4M	177.5M	187.2M	205.3M	245.6M	208.5M	228.1M	227M	272.6M	242.2M	239M
Gross profit	67.1M	94.6M	78.6M	109.1M	126.1M	194.1M	146.8M	223.6M	207.8M	289.1M	290.2M	248.4M
Gross margin	27.3%	31.4%	30.7%	36.8%	38.1%	44.1%	41.3%	49.5%	47.8%	51.5%	54.5%	51%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	12.6M	15.9M	12.7M	14.8M	12.5M	11.7M	12.4M	14.8M	16.3M	20.3M	14.8M	14.9M
Operating expenses	23.4M	26.7M	21.1M	21.3M	25.2M	24M	23.6M	26.7M	35.2M	39.9M	28.8M	36M
Operating income	43.7M	67.8M	57.5M	87.7M	100.9M	170.1M	123.2M	196.9M	172.5M	249.2M	261.4M	212.4M
Operating margin	17.8%	22.5%	22.5%	29.6%	30.5%	38.7%	34.7%	43.6%	39.7%	44.4%	49.1%	43.6%
Non-operating income, net	2.6M	-21.2M	-10.5M	-10.1M	29.5M	6.3M	-68.7M	-24M	-63.6M	-29.7M	-719K	24.9M
Pretax income	45.3M	45.7M	51.2M	78.1M	129.3M	176.9M	42.3M	172.2M	110.1M	219.7M	246.7M	227.2M
Income tax	52M	-46M	16.1M	21.7M	28.2M	68.8M	-32.6M	33.3M	53.9M	-32.5M	111M	54.5M
Net income	-7.9M	90.5M	33.8M	55.3M	91.3M	106.7M	73.5M	134.8M	55.1M	240.9M	135.7M	172.7M
Net margin	-3.2%	30.1%	13.2%	18.6%	27.5%	24.3%	20.7%	29.8%	12.7%	42.9%	25.5%	35.4%
EBITDA	112.9M	148.1M	124M	154.3M	171.8M	255.1M	124.1M	260.3M	243.9M	330.3M	303.7M	290.3M
EPS	-0.04	—	0.17	0.27	0.46	—	0.35	0.67	0.28	—	0.69	0.69
Diluted EPS	-0.04	—	0.16	0.27	0.46	—	0.35	0.67	0.27	—	0.68	0.68

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	2.3B	1.1B	456.5M	1.3B	2.3B	1.7B	1.5B	2.5B	3B	7.3B	10.3B
Enterprise value	2B	1.2B	766.5M	1.6B	2.3B	1.7B	1.7B	2.6B	3B	7.7B	12.1B
Shares outstanding	143.3M	150.7M	158.5M	158.9M	171M	180.3M	183.4M	194.4M	204M	203M	203M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	17.3	19.3	—	—	24.9	10.6	14.5	14.6
P/S	5.33	2.75	1	2.07	2.21	1.79	1.76	2.5	2.29	4.04	5.38
P/B	0.65	0.29	0.14	0.37	0.62	0.46	0.48	0.72	0.78	1.7	1.59
EV/EBITDA	13.4	12.1	8.02	7.45	4.44	4.06	5.54	5.71	4.24	7.4	10.6
EV/Sales	4.58	3.02	1.67	2.59	2.23	1.82	1.99	2.61	2.25	4.28	5.98
Earnings yield	—	—	—	5.78%	5.18%	—	—	4.02%	9.46%	6.92%	6.85%
FCF yield	-7.97%	-29.5%	-44%	-4.12%	12.4%	4.76%	-5.14%	-1.16%	0.51%	-2.32%	-4.41%
PEG	—	—	—	—	—	—	—	—	—	—	4.89

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	37.7%	32.2%	18.2%	20.8%	35.4%	31%	19.7%	26.7%	38.4%	48.1%	51%
Operating margin	16.7%	2.05%	-5.73%	8.31%	28.6%	22.7%	7.11%	17.1%	31.5%	41%	43.3%
Net margin	-80.2%	-5.46%	-82.8%	12%	11.5%	-14.4%	-49%	10%	21.7%	28%	29.8%
ROE	-9.71%	-0.57%	-11.3%	2.12%	3.19%	-3.73%	-13.3%	2.89%	7.38%	11.8%	11.3%
ROA	-7.23%	-0.42%	-8.2%	1.58%	2.39%	-2.75%	-9.58%	2.03%	4.92%	7.5%	6.86%
ROIC	0%	0%	-0.72%	0.88%	4.76%	0.72%	0%	3.09%	7.5%	15.1%	8.51%
Return on tangible assets	-7.23%	-0.44%	-8.54%	1.65%	2.48%	-2.86%	-9.99%	2.11%	5.08%	7.71%	6.59%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	12	6.47	3.63	1.97	2.88	3.52	3	3.39	3.6	1.83	1.31
Quick ratio	10.7	4.99	2.66	1.23	2.25	2.66	2.06	2.53	2.92	1.46	0.85
Debt / equity	0.17	0.16	0.18	0.15	0.14	0.14	0.16	0.19	0.24	0.3	0.26
Debt / assets	0.12	0.12	0.13	0.11	0.11	0.1	0.12	0.13	0.16	0.19	0.17
Net debt / EBITDA	-2.2	1.06	3.24	1.49	0.03	0.07	0.64	0.25	-0.08	0.4	1.03
Interest coverage	5.99	1.25	-128.5	3.61	5.07	3.33	1.34	6.36	22.6	20.7	20.7
Effective tax rate	100%	100%	0%	35.1%	39.9%	87.7%	100%	35.2%	31%	4.05%	23.3%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	3.02	2.6	2.89	3.88	6	5.23	4.75	5.19	6.49	8.88	9.54
EPS (basic)	-2.4	-0.05	-2.28	0.51	0.61	-0.75	-1.93	0.54	1.42	2.5	2.5
EPS (diluted)	-2.4	-0.05	-2.28	0.5	0.6	-0.75	-1.93	0.54	1.41	2.47	2.87
Book value per share	24.9	24.7	21.1	21.9	21.6	20.2	17.4	18.1	19.1	21.1	26.3
FCF per share	-1.28	-2.11	-1.27	-0.33	1.64	0.45	-0.43	-0.15	0.08	-0.83	-2.34
Cash per share	6.4	3.25	1.86	1.16	2.99	2.67	1.72	2.8	4.88	4.28	2.13
Capex per share	3.49	1.8	1.37	1.22	1.1	1.51	1.56	2.06	2.91	0.22	0.22

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	115.5%	69.2%	47.4%	31.6%	18.3%	28.8%	32.8%	39.6%	44.8%	2.49%	2.49%
Capex / operating cash flow	587.8%	2.7K%	-63.2%	63.4%	39.7%	66.8%	109.1%	104.3%	99.6%	6.05%	6.05%
Payout ratio	0%	-49.6%	0%	—	0%	0%	0%	0%	0%	0%	5.23%
Dividend yield	0%	0.98%	0%	—	0%	0%	0%	0%	0%	0%	0.72%

Yield

0.72%

trailing twelve months

Frequency

Semi-annual

Last dividend

$0.075

ex-dividend Sep 1, 2026

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 1, 2026	$0.075
Jun 2, 2026	$0.075
Feb 27, 2026	$0.075
Mar 3, 2017	$0.076
Aug 13, 2015	$0.038
Jan 29, 2015	$0.041
Aug 13, 2014	$0.0455
Jan 29, 2014	$0.045

Split history

Date	Ratio
Dec 31, 2018	1:5

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$245.6M	$301M	$256.1M	$296.3M	$331.4M	$439.7M	$355.2M	$451.7M	$434.7M	$561.7M	$532.4M	$487.5M
YoY change	+10.6%	+25.5%	+13.4%	+26.2%	+35%	+46.1%	+38.7%	+52.5%	+31.2%	+27.7%	+49.9%	+7.91%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	916.8M	490M	295.5M	184.8M	511.2M	481.5M	314.9M	544.4M	995.7M	869.4M
Receivables	11.1M	7.7M	22.1M	35.1M	35.6M	23M	33.7M	49.4M	57.8M	111M
Inventory	120.8M	168.8M	137.9M	163.2M	164.1M	178.2M	198.9M	235.9M	279M	297.2M
Total current assets	1.1B	737.5M	514.7M	435.9M	754.1M	728.2M	632.5M	930.4M	1.5B	1.4B
Property, plant & equipment	-231.6M	-258.2M	-180.7M	-14.8M	-114.6M	422.5M	-155.6M	-287M	-422.5M	-406.7M
Goodwill & intangibles	0	185.2M	185.2M	185.2M	185.2M	185.2M	185.2M	185.2M	185.2M	185.2M
Total assets	4.8B	5.1B	4.6B	4.6B	4.9B	4.9B	4.5B	5B	5.8B	6.7B
Accounts payable	43.7M	60.1M	39M	67.1M	65.1M	71M	74.9M	93.3M	112.6M	201M
Short-term debt	—	—	3M	76.6M	78M	7.2M	4.8M	5M	4.7M	54M
Total current liabilities	90.7M	114M	141.7M	221.7M	262M	206.7M	210.9M	274.2M	412.2M	789.1M
Long-term debt	591.6M	593.9M	602.5M	428.2M	449.1M	504.7M	510.3M	653.8M	933M	1.2B
Total liabilities	1.2B	1.4B	1.3B	1.2B	1.2B	1.3B	1.3B	1.5B	1.9B	2.4B
Shareholders' equity	3.6B	3.7B	3.3B	3.5B	3.7B	3.6B	3.2B	3.5B	3.9B	4.3B
Total debt	591.6M	593.9M	605.5M	504.8M	527.1M	511.9M	515M	658.8M	937.7M	1.3B
Net debt	-291.6M	114.4M	319.2M	327M	75.1M	30.6M	235.3M	118.3M	80.9M	420.3M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	476.7M	544.4M	517.6M	1.1M	677.8M	995.7M	978.1M	1.1B	1B	869.4M	629.7M	554.6M
Receivables	43.9M	49.4M	50.4M	46.5M	53.6M	57.8M	60.4M	235.4M	97.2M	111M	127M	207.8M
Inventory	236.7M	235.9M	255.2M	269M	290.4M	279M	276.9M	290.4M	289.5M	297.2M	327.2M	415.6M
Total current assets	850.2M	930.4M	908.8M	999.9M	1.2B	1.5B	1.5B	1.6B	1.6B	1.4B	1.2B	1.2B
Property, plant & equipment	—	-287M	—	—	—	-422.5M	—	—	—	-406.7M	—	—
Goodwill & intangibles	185.2M	185.2M	185.2M	185.2M	185.2M	185.2M	185.2M	185.2M	185.2M	185.2M	185.2M	1.1B
Total assets	4.8B	5B	5.1B	5.3B	5.6B	5.8B	6B	6.3B	6.5B	6.7B	6.7B	10.3B
Accounts payable	—	93.3M	—	—	—	112.6M	—	—	—	201M	—	—
Short-term debt	4.9M	5M	4.5M	4.6M	5.1M	4.7M	5.1M	5.9M	5.8M	54M	52.5M	237.1M
Total current liabilities	212.3M	274.2M	259.4M	276M	350.7M	412.2M	472.5M	501.8M	558M	789.1M	732.5M	898M
Long-term debt	611.2M	653.8M	662.6M	766.9M	873.1M	933M	951M	1.2B	1.3B	1.2B	1.2B	1.5B
Total liabilities	1.4B	1.5B	1.5B	1.6B	1.8B	1.9B	2B	2.2B	2.4B	2.4B	2.4B	3.4B
Shareholders' equity	3.4B	3.5B	3.6B	3.7B	3.8B	3.9B	4B	4.1B	4.1B	4.3B	4.3B	6.9B
Total debt	616.1M	658.8M	667.1M	771.5M	878.1M	937.7M	956.1M	1.2B	1.3B	1.3B	1.2B	1.8B
Net debt	139.5M	118.3M	152.4M	—	201.6M	80.9M	-22M	95M	246.1M	420.3M	614.4M	1.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-7.5M	-18.6M	-379.6M	73.7M	124M	19.4M	-49.4M	105.8M	300.6M	522.2M
Depreciation & amortization	74.9M	72.1M	105.7M	155.3M	220.2M	201.9M	242.4M	264.3M	255M	260.5M
Stock-based compensation	10.6M	11.2M	7M	10.4M	10.7M	7.9M	10.7M	10.2M	11.9M	20.2M
Change in working capital	-1.1M	-33.9M	19.3M	-9.7M	-8.6M	-1.6M	-24.3M	-62.9M	-41.4M	-120.7M
Operating cash flow	85M	9.9M	-344M	306.6M	472.5M	406.6M	261.7M	383.9M	595.2M	742.2M
Capital expenditure	499.8M	-270.7M	-217.3M	-194.3M	-187.6M	-271.7M	-285.6M	-400.2M	-593.1M	-44.9M
Investing cash flow	503.1M	-379.6M	-220.6M	-185M	-252.7M	-263M	-370.9M	-384.9M	-600.1M	45.9M
Dividends paid	0	-10.6M	0	—	0	0	0	0	0	0
Share repurchases	0	-5.3M	-2.1M	0	-3.5M	0	-14M	-4.4M	-2M	-214.9M
Financing cash flow	0	-15.3M	-3.3M	-85.5M	86.6M	-43.4M	-6.5M	303.4M	321.2M	86.2M
Net change in cash	588.1M	-385M	-568M	36.1M	306.5M	100.1M	-115.6M	302.4M	316.2M	874.2M
Free cash flow	-184M	-317.9M	-200.9M	-52.5M	281.1M	80.3M	-78.9M	-29.3M	15.5M	-169.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	-6.7M	91.7M	35.1M	56.4M	101M	108.1M	74.9M	138.9M	56.2M	252.3M	135.7M	172.7M
Depreciation & amortization	63.8M	72.5M	55.3M	60.3M	64.9M	74.4M	60.6M	66.4M	63.3M	70.1M	54.4M	54.7M
Stock-based compensation	2M	4.6M	2M	3.7M	4.1M	2.1M	4.4M	4.2M	6.8M	4.9M	3.6M	2.8M
Change in working capital	-13.1M	-18.7M	6.5M	-25.3M	-33.2M	10.7M	—	—	-31M	-48.1M	—	—
Operating cash flow	98.9M	107.1M	110.7M	116.5M	106.3M	261.3M	110M	232.5M	170.1M	283.2M	141.4M	149.5M
Capital expenditure	-114.4M	-128.5M	-120.7M	-133.1M	-169.1M	-170.2M	-164M	-192M	—	—	—	—
Investing cash flow	-120.1M	-127.4M	-127.3M	-139.1M	-175.1M	-158.7M	4.4M	-206.3M	40.1M	-89.4M	94.1M	128.7M
Dividends paid	0	0	0	0	0	0	0	0	0	0	-14.9M	-19.6M
Share repurchases	-1.2M	-3.3M	-958K	0	0	-1M	-1.8M	-47M	-82.7M	-83.3M	-88.4M	-4.2M
Financing cash flow	49.8M	36.3M	23.5M	113.9M	92.8M	90.9M	-3.5M	147.7M	16M	-74.1M	-138.4M	147.2M
Net change in cash	28.6M	16M	7M	91.3M	24M	193.5M	110.9M	174M	226.2M	119.7M	97.1M	425.5M
Free cash flow	-6.6M	20.5M	-25.3M	-21.2M	11.5M	50.6M	-26.1M	-36.6M	-73.9M	-25.1M	-174.6M	-320.1M

Eldorado Gold Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement