NYSE : EGO
Eldorado Gold Corporation — Financial statements
Materials · Gold · Canada
Last price 32.38 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 8.45B
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Financial statements
Eldorado Gold Corporation (EGO) reported revenue of 2.11B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.11B | 1.82B | 1.32B | 1.01B | 871.98M | 940.91M |
| Cost of Revenue | 801.26M | 701.22M | 575.43M | 495.05M | 493.95M | 465.10M |
| Gross Profit | 1.31B | 1.12B | 747.15M | 513.45M | 378.03M | 475.81M |
| Selling, General & Admin | 64.96M | 63.84M | 51.70M | 54.21M | 53.74M | 45.78M |
| Other Operating Expenses | 6.11M | 5.92M | 4.87M | 4.29M | 1.98M | 1.39M |
| Operating Expenses | 358.85M | 363.35M | 331.80M | 342.01M | 315.54M | 262.91M |
| Operating Income | 948.79M | 754.28M | 415.35M | 171.44M | 62.49M | 212.90M |
| Interest Expense | -30.85M | -27.67M | -20.12M | -30.51M | -35.22M | -46.31M |
| Interest & Investment Income | 23.43M | 33.61M | 23.95M | 17.64M | 8.86M | 2.20M |
| Currency Exchange Gain (Loss) | 43.74M | -20.06M | 5.31M | 16.00M | 9.71M | 26.63M |
| Other Non Operating Income (Expenses) | -55.93M | -177.96M | -42.96M | -1.49M | -4.44M | -7.00K |
| EBT Excluding Unusual Items | 929.18M | 562.20M | 381.53M | 173.08M | 41.40M | 195.41M |
| Merger & Restructuring Charges | -19.25M | |||||
| Gain (Loss) on Sale of Investments | 114.00K | -5.15M | ||||
| Gain (Loss) on Sale of Assets | 60.00M | 2.96M | 6.48M | |||
| Asset Writedown | -6.98M | -12.74M | -6.13M | -9.72M | -32.50M | -23.03M |
| Other Unusual Items | -21.40M | |||||
| Pretax Income | 903.06M | 544.32M | 435.39M | 163.37M | 11.86M | 157.46M |
| Income Tax Expense | 224.58M | 22.07M | 134.76M | 57.58M | 61.22M | 138.07M |
| Earnings From Continuing Operations | 678.48M | 522.25M | 300.64M | 105.79M | -49.37M | 19.39M |
| Earnings From Discontinued Operations | -11.51M | -12.60M | -11.79M | -1.55M | -377.49M | -156.91M |
| Net Income to Company | 666.97M | 509.65M | 288.85M | 104.24M | -426.85M | -137.52M |
| Minority Interest in Earnings | 1.00M | -2.40M | 273.00K | 393.00K | 73.03M | 1.50M |
| Net Income | 667.97M | 507.26M | 289.12M | 104.63M | -353.82M | -136.02M |
| Net Income to Common | 667.97M | 507.26M | 289.12M | 104.63M | -353.82M | -136.02M |
| Shares Outstanding (Basic) | 227.63M | 203.02M | 203.98M | 194.45M | 183.45M | 180.30M |
| Shares Outstanding (Diluted) | 230.46M | 205.41M | 205.54M | 195.33M | 183.45M | 181.76M |
| EPS (Basic) | 2.93 | 2.50 | 1.42 | 0.54 | -1.93 | -0.75 |
| EPS (Diluted) | 2.89 | 2.47 | 1.40 | 0.53 | -1.93 | -0.75 |
| Free Cash Flow | -837.62M | -169.13M | 31.01M | -29.34M | -78.86M | 80.28M |
| Free Cash Flow Per Share | -3.63 | -0.82 | 0.15 | -0.15 | -0.43 | 0.44 |
| Dividend Per Share | 0.23 | |||||
| Gross Margin | 62.01% | 61.45% | 56.49% | 50.91% | 43.35% | 50.57% |
| Operating Margin | 44.99% | 41.47% | 31.41% | 17.00% | 7.17% | 22.63% |
| Profit Margin | 31.67% | 27.89% | 21.86% | 10.38% | -40.58% | -14.46% |
| Free Cash Flow Margin | -39.72% | -9.30% | 2.34% | -2.91% | -9.04% | 8.53% |
| EBITDA | 1.19B | 1.02B | 670.05M | 436.38M | 301.61M | 408.24M |
| EBITDA Margin | 56.32% | 55.81% | 50.66% | 43.27% | 34.59% | 43.39% |
| D&A For EBITDA | 238.99M | 260.85M | 254.69M | 264.94M | 239.12M | 195.33M |
| EBIT | 948.79M | 754.28M | 415.35M | 171.44M | 62.49M | 212.90M |
| EBIT Margin | 44.99% | 41.47% | 31.40% | 17.00% | 7.17% | 22.63% |
| Effective Tax Rate | 24.87% | 4.05% | 30.95% | 35.24% | 516.40% | 87.69% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 396.83M | 869.36M | 856.80M | 540.47M | 279.74M | 481.33M |
| Short-Term Investments | 138.93M | 2.83M | 35.14M | 163.00K | ||
| Cash & Short-Term Investments | 396.83M | 869.36M | 995.73M | 543.30M | 314.87M | 481.49M |
| Accounts Receivable | 84.38M | 111.03M | 57.83M | 49.39M | 33.75M | 23.02M |
| Other Receivables | 134.71M | 168.18M | 72.84M | 51.70M | 33.29M | 27.73M |
| Receivables | 219.09M | 279.21M | 130.68M | 101.08M | 67.03M | 50.75M |
| Inventory | 475.73M | 297.17M | 279.00M | 235.89M | 198.87M | 178.16M |
| Prepaid Expenses | 20.00M | 23.94M | 17.83M | |||
| Restricted Cash | 71.90M | |||||
| Other Current Assets | 845.00K | 2.05M | 76.74M | 30.13M | 27.74M | |
| Total Current Assets | 1.16B | 1.45B | 1.48B | 930.41M | 632.46M | 728.24M |
| Property, Plant & Equipment | 8.65B | 4.89B | 4.12B | 3.76B | 3.60B | 4.00B |
| Long-Term Investments | 138.15M | 163.59M | 33.24M | 105.97M | 61.61M | 59.85M |
| Goodwill | 538.77M | 92.59M | 92.59M | 92.59M | 92.59M | 92.59M |
| Long-Term Deferred Tax Assets | 45.42M | 37.08M | 19.49M | 14.75M | 14.51M | |
| Long-Term Deferred Charges | 2.08M | 3.49M | 3.17M | 1.49M | 2.02M | |
| Other Long-Term Assets | 79.08M | 98.62M | 85.87M | 85.19M | 59.00M | 44.83M |
| Total Assets | 10.62B | 6.73B | 5.84B | 4.99B | 4.46B | 4.93B |
| Accounts Payable | 658.29M | 200.96M | 112.58M | 93.33M | 74.91M | 71.01M |
| Accrued Expenses | 287.04M | 179.01M | 127.82M | 112.67M | 105.14M | |
| Current Portion of Long-Term Debt | 148.47M | 47.97M | ||||
| Current Portion of Leases | 5.55M | 6.02M | 4.69M | 5.02M | 4.78M | 7.23M |
| Current Income Taxes Payable | 141.88M | 66.20M | 23.95M | 4.12M | 19.18M | |
| Current Unearned Revenue | 432.00K | 8.89M | 8.94M | |||
| Other Current Liabilities | 10.31M | 104.77M | 40.79M | 15.16M | 14.46M | 4.09M |
| Total Current Liabilities | 822.62M | 789.07M | 412.17M | 274.21M | 210.94M | 206.65M |
| Long-Term Debt | 1.84B | 1.23B | 915.42M | 636.06M | 494.41M | 489.76M |
| Long-Term Leases | 8.66M | 8.57M | 10.03M | 12.09M | 12.16M | 14.89M |
| Pension & Post-Retirement Benefits | 14.51M | 13.75M | 10.91M | 10.26M | 8.91M | 8.94M |
| Long-Term Deferred Tax Liabilities | 823.66M | 254.42M | 434.94M | 399.11M | 424.73M | 439.19M |
| Other Long-Term Liabilities | 143.78M | 151.32M | 163.67M | 143.93M | 105.89M | 131.37M |
| Total Liabilities | 3.65B | 2.44B | 1.95B | 1.48B | 1.26B | 1.29B |
| Common Stock | 5.70B | 3.34B | 3.43B | 3.41B | 3.24B | 3.23B |
| Additional Paid-In Capital | 2.49B | 2.54B | 2.61B | 2.62B | 2.62B | 2.62B |
| Retained Earnings | -1.18B | -1.57B | -2.19B | -2.49B | -2.59B | -2.24B |
| Treasury Stock | -18.96M | -16.04M | -12.97M | -19.26M | -20.45M | -10.29M |
| Comprehensive Income & Other | -31.16M | -11.55M | 56.18M | -4.75M | -42.28M | -20.91M |
| Total Common Equity | 6.96B | 4.28B | 3.90B | 3.52B | 3.20B | 3.57B |
| Minority Interest | 2.66M | 3.79M | -8.14M | -6.18M | -3.20M | 69.56M |
| Shareholders' Equity | 6.97B | 4.28B | 3.89B | 3.51B | 3.20B | 3.64B |
| Total Liabilities & Equity | 10.62B | 6.73B | 5.84B | 4.99B | 4.46B | 4.93B |
| Total Debt | 2.00B | 1.29B | 930.15M | 653.17M | 511.36M | 511.89M |
| Net Cash (Debt) | -1.59B | -366.13M | 98.82M | -3.90M | -134.87M | 29.45M |
| Net Cash Per Share | -6.89 | -1.78 | 0.48 | -0.02 | -0.74 | 0.16 |
| Filing Date Shares Outstanding | 261.06M | 197.98M | 204.60M | 202.38M | 183.87M | 182.40M |
| Total Common Shares Outstanding | 261.06M | 197.98M | 204.60M | 202.38M | 183.87M | 182.40M |
| Working Capital | 341.76M | 658.72M | 1.07B | 656.19M | 421.52M | 521.59M |
| Book Value Per Share | 26.68 | 21.61 | 19.04 | 17.38 | 17.43 | 19.57 |
| Tangible Book Value | 6.43B | 4.19B | 3.80B | 3.43B | 3.11B | 3.48B |
| Tangible Book Value Per Share | 24.61 | 21.15 | 18.59 | 16.93 | 16.92 | 19.07 |
| Land | 280.21M | 263.95M | 241.51M | 228.65M | 218.65M | |
| Machinery | 3.08B | 2.85B | 2.74B | 2.60B | 2.53B | |
| Construction In Progress | 143.65M | 119.17M | 112.54M | 123.61M | 109.81M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 667.97M | 507.26M | 289.12M | 104.63M | -353.82M | -136.02M |
| Depreciation & Amortization | 244.55M | 266.42M | 259.86M | 269.04M | 244.63M | 203.35M |
| Other Amortization | 9.70M | |||||
| Loss (Gain) From Sale of Assets | -790.00K | -6.57M | -61.62M | 605.00K | -2.96M | -6.48M |
| Asset Writedown & Restructuring Costs | 6.98M | 12.74M | 6.13M | 9.72M | 32.50M | 23.03M |
| Loss (Gain) From Sale of Investments | 5.15M | 5.15M | ||||
| Stock-Based Compensation | 15.07M | 20.22M | 11.87M | 10.20M | 10.74M | 7.95M |
| Other Operating Activities | -170.78M | -53.22M | 130.11M | 16.99M | 308.38M | 274.99M |
| Change in Accounts Receivable | -11.34M | -80.08M | -12.03M | -29.34M | -3.77M | 14.06M |
| Change in Inventory | -166.45M | -40.65M | -29.38M | -33.57M | -20.55M | -15.67M |
| Change in Accounts Payable | 118.22M | 111.25M | 61.97M | 34.62M | -3.99M | -8.18M |
| Operating Cash Flow | 708.96M | 742.15M | 655.61M | 383.31M | 211.00M | 362.37M |
| Capital Expenditures | -1.55B | -911.28M | -624.60M | -412.65M | -289.85M | -282.09M |
| Sale of Property, Plant & Equipment | 67.22M | 65.91M | 6.16M | 1.65M | 4.29M | 3.09M |
| Cash Acquisitions | 159.11M | -19.34M | ||||
| Divestitures | 19.66M | |||||
| Sale (Purchase) of Intangibles | 7.30M | |||||
| Investment in Securities | -38.97M | 82.48M | -2.41M | 33.23M | -55.16M | 33.36M |
| Other Investing Activities | -108.39M | -51.68M | -9.76M | -17.91M | -30.17M | -27.86M |
| Investing Cash Flow | -1.47B | -814.57M | -630.61M | -395.68M | -370.89M | -265.88M |
| Long-Term Debt Issued | 354.40M | 366.94M | 181.33M | 500.00M | ||
| Long-Term Debt Repaid | -59.58M | -52.10M | -15.30M | -6.88M | -549.26M | |
| Lease Payments | -5.52M | -5.51M | -4.80M | -3.97M | -6.88M | -10.58M |
| Net Debt Issued (Repaid) | 379.19M | 294.82M | 314.84M | 166.03M | -6.88M | -49.27M |
| Issuance of Common Stock | 6.30M | 8.85M | 14.11M | 168.66M | 14.10M | 14.55M |
| Repurchase of Common Stock | -175.88M | -214.87M | -1.96M | -4.44M | -13.97M | |
| Common Dividends Paid | -54.10M | |||||
| Other Financing Activities | -33.57M | -25.54M | -25.72M | -56.38M | -34.59M | -32.41M |
| Financing Cash Flow | 121.93M | 63.26M | 301.27M | 273.88M | -41.34M | -67.13M |
| Foreign Exchange Rate Adjustments | -10.90M | 21.36M | -10.37M | |||
| Miscellaneous Cash Flow Adjustments | 512.00K | 354.00K | 416.00K | -770.00K | -356.00K | |
| Net Cash Flow | -647.11M | 12.56M | 316.32M | 260.74M | -201.59M | 29.36M |
| Free Cash Flow | -837.62M | -169.13M | 31.01M | -29.34M | -78.86M | 80.28M |
| Free Cash Flow Margin | -39.72% | -9.30% | 2.34% | -2.91% | -9.04% | 8.53% |
| Free Cash Flow Per Share | -3.63 | -0.82 | 0.15 | -0.15 | -0.43 | 0.44 |
| Levered Free Cash Flow | -849.34M | 65.07M | -66.87M | -51.82M | -81.53M | 61.84M |
| Unlevered Free Cash Flow | -830.06M | 82.36M | -54.30M | -32.75M | -59.52M | 81.08M |
| Free Cash Flow After Leases | -843.14M | -174.65M | 26.21M | -33.31M | -85.74M | 69.70M |
| Cash Interest Paid | 31.93M | 22.91M | 19.91M | 29.49M | 34.86M | 23.64M |
| Cash Income Tax Paid | 268.56M | 160.90M | 83.16M | 59.84M | 90.87M | 75.47M |
| Change in Working Capital | -59.57M | -9.49M | 20.55M | -28.28M | -28.31M | -9.78M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 7.99B | 7.22B | 3.03B | 2.65B | 1.54B | 1.71B |
| Enterprise Value | 9.61B | 7.36B | 3.04B | 2.69B | 1.75B | 1.81B |
| Last Close Price | 30.60 | 35.72 | 14.79 | 12.90 | 8.31 | 9.30 |
| PE Ratio | 10.40 | 14.24 | 10.49 | 25.36 | ||
| PS Ratio | 3.79 | 3.97 | 2.29 | 2.63 | 1.76 | 1.82 |
| PB Ratio | 1.15 | 1.69 | 0.78 | 0.76 | 0.48 | 0.47 |
| P/TBV Ratio | 1.24 | 1.73 | 0.80 | 0.77 | 0.49 | 0.49 |
| P/FCF Ratio | 97.83 | 21.29 | ||||
| P/OCF Ratio | 11.27 | 9.73 | 4.63 | 6.92 | 7.29 | 4.72 |
| EV/Sales Ratio | 4.56 | 4.04 | 2.30 | 2.67 | 2.01 | 1.92 |
| EV/EBITDA Ratio | 8.09 | 7.25 | 4.53 | 6.17 | 5.80 | 4.43 |
| EV/EBIT Ratio | 10.13 | 9.75 | 7.31 | 15.72 | 27.98 | 8.49 |
| EV/FCF Ratio | 97.97 | 22.51 | ||||
| Debt / Equity Ratio | 0.29 | 0.30 | 0.24 | 0.19 | 0.16 | 0.14 |
| Debt / EBITDA Ratio | 1.68 | 1.26 | 1.38 | 1.48 | 1.66 | 1.23 |
| Debt / FCF Ratio | 30.00 | 6.38 | ||||
| Net Debt / Equity Ratio | 0.23 | 0.09 | -0.03 | 0.00 | 0.04 | -0.01 |
| Net Debt / EBITDA Ratio | 1.34 | 0.36 | -0.15 | 0.01 | 0.45 | -0.07 |
| Net Debt / FCF Ratio | -1.90 | -2.17 | -3.19 | -0.13 | -1.71 | -0.37 |
| Asset Turnover | 0.25 | 0.29 | 0.24 | 0.21 | 0.19 | 0.19 |
| Inventory Turnover | 2.09 | 2.43 | 2.23 | 2.28 | 2.62 | 2.72 |
| Quick Ratio | 0.75 | 1.46 | 2.73 | 2.35 | 1.81 | 2.58 |
| Current Ratio | 1.42 | 1.83 | 3.60 | 3.39 | 3.00 | 3.52 |
| Return on Equity (ROE) | 12.27% | 12.78% | 8.12% | 3.15% | -1.44% | 0.53% |
| Return on Assets (ROA) | 6.93% | 7.51% | 4.80% | 2.27% | 0.83% | 2.70% |
| Return on Invested Capital (ROIC) | 8.57% | 16.98% | 7.70% | 3.16% | -7.36% | 0.71% |
| Return on Capital Employed (ROCE) | 9.70% | 12.70% | 7.70% | 3.60% | 1.50% | 4.50% |
| Earnings Yield | 9.62% | 7.02% | 9.53% | 3.94% | -23.00% | -7.96% |
| FCF Yield | -10.48% | -2.34% | 1.02% | -1.11% | -5.13% | 4.70% |
| Buyback Yield / Dilution | -11.72% | 0.06% | -5.23% | -6.48% | -0.92% | -3.73% |
| Total Shareholder Return | -10.74% | 0.06% | -5.23% | -6.48% | -0.92% | -3.73% |