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Eldorado Gold Financials

EGO
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Eldorado Gold (EGO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI EGO FY2025

Profitability is rising quickly, but the clearest operating mechanic is an asset-heavy expansion financed with minimal long-term debt.

Capital spending reached $866M, about 1.7x net income, so the earnings rebound is happening during a reinvestment phase rather than a cash-harvest phase. At the same time, long-term debt stayed below $10M while the current ratio fell to 1.8x, suggesting growth is being carried more by internal resources and rising short-term obligations than by term borrowing.

Net margin reached 27.7%, up from 10.1% two years earlier. Because revenue also expanded over that span, the profit improvement looks more like better throughput from the asset base than simple cost cutting on a flat business.

Cash remained high at nearly $869M. Yet liquidity tightened because the current ratio fell to 1.8x from 3.6x, meaning near-term obligations grew faster than near-term assets; that is a working-capital shift, not a classic long-term leverage story.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 42 / 100
Financial Profile 42/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Eldorado Gold's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth
90

Eldorado Gold's revenue surged 37.5% year-over-year to $1.8B, reflecting rapid business expansion. This strong growth earns a score of 90/100.

Leverage
100

Eldorado Gold carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
33

Eldorado Gold's current ratio of 1.83 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.

Returns
30

Eldorado Gold's ROE of 11.8% shows moderate profitability relative to equity, earning a score of 30/100. This is up from 7.4% the prior year.

Piotroski F-Score Neutral
5/9

Eldorado Gold passes 5 of 9 financial strength tests. All 2 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Key Financial Metrics

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Earnings & Revenue

Revenue
$1.8B
YoY+37.5%
5Y CAGR+12.1%

Eldorado Gold generated $1.8B in revenue in fiscal year 2025. This represents an increase of 37.5% from the prior year.

EBITDA
N/A
Net Income
$504.3M
YoY+75.7%
5Y CAGR+33.8%

Eldorado Gold reported $504.3M in net income in fiscal year 2025. This represents an increase of 75.7% from the prior year.

EPS (Diluted)
$2.53
YoY+73.3%
5Y CAGR+27.5%

Eldorado Gold earned $2.53 per diluted share (EPS) in fiscal year 2025. This represents an increase of 73.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$869.4M
YoY+1.5%
5Y CAGR+14.0%

Eldorado Gold held $869.4M in cash against $8.6M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
199M
YoY-3.1%
5Y CAGR+2.6%

Eldorado Gold had 199M shares outstanding in fiscal year 2025. This represents a decrease of 3.1% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
N/A
Net Margin
27.7%
YoY+6.0pp
5Y CAGR+16.3pp

Eldorado Gold's net profit margin was 27.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 6.0 percentage points from the prior year.

Return on Equity
11.8%
YoY+4.4pp
5Y CAGR+8.6pp

Eldorado Gold's ROE was 11.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 4.4 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$866.4M
YoY+45.8%
5Y CAGR+35.6%

Eldorado Gold invested $866.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 45.8% from the prior year.

EGO Income Statement

Metric Q4'25 Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19 Q4'18
Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A N/A N/A N/A N/A
Operating Income N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income N/A N/A N/A N/A N/A N/A N/A N/A
EPS (Diluted) N/A N/A N/A N/A N/A N/A N/A N/A

EGO Balance Sheet

Metric Q4'25 Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19 Q4'18
Total Assets $6.7B+15.3% $5.8B+17.0% $5.0B+11.9% $4.5B-9.6% $4.9B0.0% $4.9B+6.1% $4.6B+0.4% $4.6B
Current Assets $1.4B-2.3% $1.5B+59.3% $930.4M+47.1% $632.5M-13.2% $728.2M-3.4% $754.1M+73.0% $435.9M-15.3% $514.7M
Cash & Equivalents $869.4M+1.5% $856.8M+58.5% $540.5M+93.2% $279.7M-41.9% $481.3M+6.5% $452.0M+154.3% $177.7M-37.9% $286.3M
Inventory $297.2M+6.5% $279.0M+18.3% $235.9M+18.6% $198.9M+11.6% $178.2M+8.5% $164.1M+0.6% $163.2M+18.4% $137.9M
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill $92.6M0.0% $92.6M0.0% $92.6M0.0% $92.6M0.0% $92.6M0.0% $92.6M0.0% $92.6M0.0% $92.6M
Total Liabilities $2.4B+25.5% $1.9B+32.0% $1.5B+17.4% $1.3B-2.6% $1.3B+3.8% $1.2B+5.8% $1.2B-8.3% $1.3B
Current Liabilities $789.1M+91.4% $412.2M+50.3% $274.2M+30.0% $210.9M+2.1% $206.7M-21.1% $262.0M+18.2% $221.7M+56.5% $141.7M
Long-Term Debt $8.6M-14.5% $10.0M-17.1% $12.1M-0.6% $12.2M-18.3% $14.9M+1.6% $14.7M-3.2% $15.1M+131.6% $6.5M
Total Equity $4.3B+10.1% $3.9B+10.7% $3.5B+9.7% $3.2B-12.1% $3.6B-1.3% $3.7B+6.1% $3.5B+3.8% $3.3B
Retained Earnings -$1.6B+28.3% -$2.2B+11.9% -$2.5B+4.0% -$2.6B-15.8% -$2.2B-6.5% -$2.1B+5.7% -$2.2B+3.5% -$2.3B

EGO Cash Flow Statement

Metric Q4'25 Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19 Q4'18
Operating Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Financing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

EGO Financial Ratios

Metric Q4'25 Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19 Q4'18
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets N/A N/A N/A N/A N/A N/A N/A N/A
Current Ratio 1.83-1.8 3.60+0.2 3.39+0.4 3.00-0.5 3.52+0.6 2.88+0.9 1.97-1.7 3.63
Debt-to-Equity 0.000.0 0.000.0 0.000.0 0.000.0 0.000.0 0.000.0 0.000.0 0.00
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Eldorado Gold (EGO) reported $1.8B in total revenue for fiscal year 2025. This represents a 37.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Eldorado Gold (EGO) revenue grew by 37.5% year-over-year, from $1.3B to $1.8B in fiscal year 2025.

Yes, Eldorado Gold (EGO) reported a net income of $504.3M in fiscal year 2025, with a net profit margin of 27.7%.

Eldorado Gold (EGO) reported diluted earnings per share of $2.53 for fiscal year 2025. This represents a 73.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, Eldorado Gold (EGO) had $869.4M in cash and equivalents against $8.6M in long-term debt.

Eldorado Gold (EGO) had a net profit margin of 27.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Eldorado Gold (EGO) has a return on equity of 11.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Eldorado Gold (EGO) had $6.7B in total assets as of fiscal year 2025, including both current and long-term assets.

Eldorado Gold (EGO) invested $866.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Eldorado Gold (EGO) had 199M shares outstanding as of fiscal year 2025.

Eldorado Gold (EGO) had a current ratio of 1.83 as of fiscal year 2025, which is generally considered healthy.

Eldorado Gold (EGO) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Eldorado Gold (EGO) had a return on assets of 7.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Eldorado Gold (EGO) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Eldorado Gold (EGO) scores 42 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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