Eldorado Gold Corporation (EGO) Key Metrics
EGO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $9.37B
- Enterprise value
- $12.42B
- P/E (TTM)
- 12.5 10-yr median 16.1
- Forward P/E
- 8.4
- PEG ratio
- 5.96
- Price / sales
- 4.6 10-yr median 2.3
- Price / book
- 1.6 10-yr median 0.6
- EV / EBITDA
- 11.4 10-yr median 5.8
- Dividend yield
- 0.83% $0.30 a year
- Beta
- 1.51
EGO key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsEGO valuation Price multiples at each fiscal year-end price.
EGO returns How much profit the business earns on the capital it uses.
EGO per-share figures Results divided by the shares outstanding at year-end.
EGO financial health Debt, liquidity and how easily interest is covered.
EGO efficiency & capital use Working capital cycle and where the cash goes.
EGO valuation history
EGO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
EGO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
EGO cash returned to shareholders
EGO price vs earnings per share
EGO key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $7.38B | $3.06B | $2.53B | $1.53B | $1.69B | $2.33B | $1.30B | $456.5M | $1.08B | $2.31B |
| Enterprise value | $7.81B | $3.00B | $2.65B | $1.73B | $1.72B | $2.34B | $1.62B | $763.5M | $1.18B | $1.98B |
| P/E ratio | 14.3 | 10.6 | 24.2 | — | — | 18.6 | 16.1 | — | — | — |
| Price / sales | 4.0 | 2.3 | 2.5 | 1.8 | 1.8 | 2.3 | 2.1 | 1.0 | 2.7 | 5.3 |
| Price / book | 1.7 | 0.8 | 0.7 | 0.5 | 0.5 | 0.6 | 0.4 | 0.1 | 0.3 | 0.6 |
| Price / free cash flow | — | 123.0 | — | — | 21.0 | 10.6 | — | — | — | — |
| Price / operating cash flow | 10.8 | 5.1 | 6.6 | 7.3 | 4.7 | 5.5 | 7.8 | 6.9 | 38.5 | 20.3 |
| EV / sales | 4.2 | 2.3 | 2.6 | 2.0 | 1.8 | 2.3 | 2.6 | 1.7 | 3.0 | 4.6 |
| EV / EBITDA | 9.2 | 4.5 | 5.8 | 6.0 | 4.0 | 4.9 | 5.2 | — | 15.5 | 14.9 |
| EV / free cash flow | — | 120.7 | — | — | 21.4 | 10.7 | — | — | — | — |
| Earnings yield | 7.0% | 9.5% | 4.1% | −23.1% | −8.1% | 5.4% | 6.2% | −79.3% | −0.9% | −14.9% |
| Free cash flow yield | −2.6% | 0.8% | −1.2% | −7.1% | 4.8% | 9.4% | −4.0% | −53.8% | −27.4% | −8.0% |
| Dividend yield | 0.0% | 0.0% | 0.9% | 0.0% | 0.0% | 6.5% | — | 0.0% | 1.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 3.0% | 0.1% | 1.1% | 0.9% | 0.0% | 6.6% | 0.0% | 0.5% | 1.5% | 0.0% |
| Share price at fiscal year-end | $35.92 | $14.87 | $12.97 | $8.36 | $9.35 | $13.27 | $8.03 | $2.88 | $7.15 | $16.10 |
| Per share | ||||||||||
| Revenue per share | $9.01 | $6.43 | $5.17 | $4.75 | $5.23 | $5.86 | $3.81 | $2.90 | $2.60 | $3.02 |
| Earnings per share | $2.51 | $1.41 | $0.54 | −$1.93 | −$0.75 | $0.71 | $0.50 | −$2.28 | −$0.07 | −$2.40 |
| Operating cash flow per share | $3.34 | $2.90 | $1.96 | $1.15 | $2.01 | $2.43 | $1.03 | $0.42 | $0.19 | $0.79 |
| Free cash flow per share | −$0.95 | $0.12 | −$0.15 | −$0.59 | $0.45 | $1.25 | −$0.33 | −$1.55 | −$1.96 | −$1.28 |
| Cash per share | $4.22 | $4.84 | $2.79 | $1.72 | $2.67 | $2.92 | $1.14 | $1.86 | $3.26 | $6.40 |
| Book value per share | $20.79 | $18.96 | $18.01 | $17.47 | $19.80 | $20.63 | $21.14 | $20.72 | $24.74 | $24.92 |
| Tangible book value per share | $20.34 | $18.51 | $17.53 | $16.96 | $19.29 | $20.10 | $20.56 | $20.13 | $23.51 | $24.92 |
| Dividends per share | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.86 | — | $0.00 | $0.07 | $0.00 |
| Capex per share | $4.29 | $2.78 | $2.11 | $1.74 | $1.56 | $1.18 | $1.35 | $1.97 | $2.15 | $2.08 |
| Debt per share | $6.31 | $4.56 | $3.37 | $2.81 | $2.84 | $3.01 | $3.12 | $3.80 | $3.94 | $4.13 |
| Shares outstanding | 205.4M | 205.5M | 195.3M | 183.4M | 180.3M | 175.2M | 161.5M | 158.5M | 150.5M | 143.3M |
| Change in shares outstanding | −0.1% | +5.2% | +6.5% | +1.7% | +2.9% | +8.5% | +1.9% | +5.3% | +5.0% | +0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 12.6% | 7.8% | 3.1% | −10.4% | −3.8% | 3.6% | 2.4% | −10.3% | −0.3% | −9.2% |
| Return on invested capital (ROIC) | 17.2% | 7.8% | 3.3% | 0.6% | 3.0% | 4.3% | 2.6% | −10.2% | −0.5% | 0.9% |
| Return on assets (ROA) | 8.2% | 5.3% | 2.2% | −7.5% | −2.8% | 2.6% | 1.7% | −7.4% | −0.2% | −6.7% |
| Return on tangible assets | 7.8% | 5.0% | 2.1% | −8.1% | −2.8% | 2.6% | 1.8% | −8.0% | −0.2% | −7.2% |
| Free cash flow margin | −10.6% | 1.9% | −2.9% | −12.5% | 8.5% | 21.4% | −8.5% | −53.5% | −75.4% | −42.5% |
| Income quality (OCF / net income) | 1.33 | 2.06 | 3.66 | — | — | 3.41 | 2.06 | — | — | — |
| Financial health | ||||||||||
| Total debt | $1.30B | $937.7M | $658.8M | $515.0M | $511.9M | $527.1M | $504.8M | $602.5M | $593.8M | $591.6M |
| Cash & short-term investments | $867.8M | $995.7M | $544.4M | $314.9M | $481.5M | $511.2M | $184.8M | $295.5M | $490.0M | $916.8M |
| Net debt | $428.1M | −$58.0M | $114.4M | $200.2M | $30.4M | $15.9M | $319.9M | $307.0M | $103.8M | −$325.2M |
| Debt / equity | 0.30 | 0.24 | 0.19 | 0.16 | 0.14 | 0.15 | 0.15 | 0.18 | 0.16 | 0.17 |
| Debt / assets | 0.19 | 0.16 | 0.13 | 0.12 | 0.10 | 0.11 | 0.11 | 0.13 | 0.12 | 0.12 |
| Net debt / EBITDA | 0.50 | −0.09 | 0.25 | 0.69 | 0.07 | 0.03 | 1.02 | — | 1.36 | −2.45 |
| Current ratio | 1.83 | 3.60 | 3.39 | 3.00 | 3.52 | 2.88 | 1.97 | 3.63 | 6.46 | 12.04 |
| Quick ratio | 1.46 | 2.92 | 2.53 | 2.06 | 2.66 | 2.25 | 1.23 | 2.66 | 4.98 | 10.71 |
| Interest coverage | 27.3 | 20.8 | 6.0 | 1.2 | 3.2 | 5.1 | 3.1 | -0.5 | -12.0 | 6.9 |
| Working capital | $657.5M | $1.07B | $656.2M | $421.5M | $521.6M | $492.1M | $214.1M | $373.0M | $623.4M | $1.00B |
| Invested capital | $4.70B | $3.84B | $3.63B | $3.40B | $3.60B | $3.63B | $3.73B | $3.59B | $3.83B | $3.25B |
| Tangible asset value | $4.18B | $3.80B | $3.42B | $3.11B | $3.55B | $3.56B | $3.38B | $3.25B | $3.54B | $3.57B |
| Net current asset value | −$994.6M | −$465.0M | −$545.3M | −$624.6M | −$562.6M | −$488.4M | −$739.2M | −$767.1M | −$629.3M | −$134.3M |
| Graham number | $34.29 | $24.49 | $14.73 | — | — | $18.18 | $15.40 | — | — | — |
| Graham net-net per share | −$5.91 | −$3.55 | −$3.78 | −$4.32 | −$3.78 | −$3.46 | −$5.46 | −$5.48 | −$4.97 | −$1.52 |
| Capital allocation | ||||||||||
| Dividends paid | $0 | $0 | $22.8M | $0 | $0 | $150.0M | — | $0 | $10.6M | $0 |
| Share buybacks (net) | $218.6M | $1.9M | $4.4M | $14.0M | $0 | $3.5M | $0 | $2.1M | $5.3M | $0 |
| Dividend payout ratio | 0.0% | 0.0% | 21.8% | — | — | 120.2% | — | — | — | — |
| Dividends + buybacks / free cash flow | — | 7.5% | — | — | 0.0% | 70.0% | — | — | — | — |
| Capex / revenue | 47.6% | 43.1% | 40.9% | 36.7% | 29.9% | 20.1% | 35.5% | 68.0% | 82.5% | 68.8% |
| Capex / operating cash flow | 128.5% | 95.8% | 107.7% | 151.7% | 77.8% | 48.5% | 131.7% | 470.6% | 1,154.7% | 261.9% |
| Capex / depreciation | 3.25 | 2.24 | 1.56 | 1.32 | 1.40 | 0.83 | 1.41 | 2.95 | 4.48 | 3.97 |
| Stock-based compensation / revenue | 1.1% | 0.9% | 1.0% | 1.2% | 0.8% | 1.0% | 1.7% | 1.5% | 2.9% | 2.4% |
| SG&A / revenue | 4.7% | 5.7% | 8.0% | 6.2% | 4.9% | 4.1% | 6.9% | 12.5% | 17.7% | 12.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 38.3 | 29.0 | 30.2 | 24.7 | 20.8 | 16.3 | 29.7 | 49.6 | 47.1 | 37.8 |
| Days of inventory on hand | 103.0 | 163.3 | 107.2 | 98.3 | 96.0 | 90.1 | 112.6 | 149.2 | 199.3 | 200.7 |
| Days payables outstanding | 56.0 | 65.3 | 41.5 | 38.1 | 38.2 | 36.4 | 39.7 | 48.2 | 71.4 | 95.5 |
| Cash conversion cycle (days) | 85.3 | 127.0 | 95.9 | 84.9 | 78.6 | 70.0 | 102.7 | 150.7 | 175.0 | 143.0 |
| Receivables turnover | 9.52 | 12.60 | 12.10 | 14.80 | 17.55 | 22.35 | 12.28 | 7.35 | 7.75 | 9.65 |
| Payables turnover | 6.52 | 5.59 | 8.80 | 9.59 | 9.56 | 10.04 | 9.20 | 7.58 | 5.11 | 3.82 |
| Inventory turnover | 3.54 | 2.24 | 3.40 | 3.71 | 3.80 | 4.05 | 3.24 | 2.45 | 1.83 | 1.82 |
| Asset turnover | 0.29 | 0.24 | 0.21 | 0.19 | 0.19 | 0.22 | 0.13 | 0.09 | 0.08 | 0.08 |
| Average receivables | $194.3M | $104.9M | $83.5M | $58.9M | $53.8M | $45.9M | $50.2M | $62.4M | $50.5M | $44.8M |
| Average payables | $156.6M | $103.0M | $84.1M | $73.0M | $68.0M | $66.1M | $53.0M | $49.5M | $51.9M | $70.5M |
| Average inventory | $287.8M | $257.4M | $217.4M | $188.5M | $171.1M | $163.7M | $150.6M | $153.4M | $144.8M | $148.2M |
| Intangibles / total assets | 1.4% | 1.6% | 1.9% | 2.1% | 1.9% | 1.9% | 2.0% | 2.0% | 3.6% | 0.0% |
Computed from EGO's annual financial statements (latest annual report filed March 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
EGO valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Eldorado Gold traded at 14.3 times earnings, against a 10-year median of 16.1. Based on the latest twelve months, the trailing P/E is 12.5 and the forward P/E is 8.4. Eldorado Gold earned a return on equity of 12.6% and a return on invested capital of 17.2% in fiscal 2025. It ended the year with $1.3 billion of debt and $867.8 million in cash and short-term investments, net debt of $428.1 million. It returned $218.6 million to shareholders: $0 in dividends and $218.6 million in share buybacks. The share count rose 43.3% from 143.3M to 205.4M over 9 years.
See the EGO income statement, the EGO chart for price history, or the EGO stock overview for the latest quote and news.
EGO key metrics FAQ
What is Eldorado Gold's P/E ratio?
Eldorado Gold's trailing P/E ratio is 12.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 8.4. At the end of fiscal 2025 it was 14.3, compared with a 10-year median of 16.1.
What is Eldorado Gold's EV/EBITDA?
Eldorado Gold's enterprise value was 9.2 times EBITDA at the end of fiscal 2025 (enterprise value $7.8 billion, EBITDA $853.1 million); the current EV/EBITDA is 11.4.
What is Eldorado Gold's return on equity?
Eldorado Gold's return on equity (ROE) was 12.6% in fiscal 2025: net income of $516.1 million on average shareholders' equity of $4.1 billion.
What is Eldorado Gold's ROIC?
Eldorado Gold's return on invested capital was 17.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Eldorado Gold have?
Eldorado Gold had total debt of $1.3 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.30 and $428.1 million of net debt (0.50 times EBITDA).
Does Eldorado Gold pay a dividend?
Eldorado Gold did not pay a dividend in fiscal 2025.
Does Eldorado Gold buy back its shares?
Yes. Eldorado Gold spent $218.6 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.1% over the year, to 205.4M..
What is Eldorado Gold's free cash flow yield?
Eldorado Gold generated -$195.4 million of free cash flow in fiscal 2025, a free cash flow yield of −2.6% on its market value at year-end ($7.4 billion).
What is Eldorado Gold's current ratio?
Eldorado Gold's current ratio was 1.83 at the end of fiscal 2025: current assets were 1.83 times current liabilities.