Seek Returns

BHP vs. EQX: BHP vs. Equinox Gold Stock Comparison

How do BHP (BHP) and Equinox Gold (EQX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

BHP (BHP) and Equinox Gold (EQX) both belong to the Metals & Mining industry, though BHP is classified under Diversified Metals & Mining while EQX falls under Gold.

Equinox Gold (EQX) trades as ordinary local shares, while BHP (BHP) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for BHP (BHP) and Equinox Gold (EQX)
Profile ItemBHPEQX
NameBHP Group Ltd. Sponsored ADREquinox Gold Corp.
Country/RegionAustraliaCanada
GICS SectorMaterialsMaterials
GICS Industry GroupMaterialsMaterials
GICS IndustryMetals & MiningMetals & Mining
GICS Sub-IndustryDiversified Metals & MiningGold
Market Capitalization203.04 billion USD13.45 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE American
Listing DateMarch 17, 1980January 2, 2019
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

BHP
EQX
GSPC
Loading price history…
BHP (BHP) vs. Equinox Gold (EQX), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for BHP (BHP) and Equinox Gold (EQX). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for BHP (BHP) and Equinox Gold (EQX). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for BHP (BHP) and Equinox Gold (EQX)
MetricBHPEQX
Total Return (1Y)55.75%1.87%
Total Return (3Y, Annualized)17.27%37.49%
Total Return (5Y, Annualized)18.05%8.54%

Risk Profile

Drawdown History

BHP
EQX
GSPC
Loading price history…
BHP (BHP) vs. Equinox Gold (EQX), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for BHP (BHP) and Equinox Gold (EQX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for BHP (BHP) and Equinox Gold (EQX)
MetricBHPEQX
Volatility (1Y, Annualized)34.60%63.25%
Beta (5Y)0.771.25
Max Drawdown (5Y)-37.21%-71.57%
Avg. Volume (3M)2.84M12.60M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
BHP and EQX are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for BHP (BHP) and Equinox Gold (EQX)
MetricBHPEQX
Sharpe Ratio (1Y)1.49-0.04
Sortino Ratio (1Y)2.22-0.06

Profitability

ROE (TTM)

BHP (BHP) at 24.00% sits in the top ROE quartile, while Equinox Gold (EQX) at 8.47% is closer to the peer norm — stronger capital efficiency for BHP.

BHP

Materials industry group

24.00%

Max
52.88%
BHP
24.00%
Q3
19.49%
Median
8.76%
Q1
-3.41%
Min
-32.81%

EQX

Materials industry group

8.47%

Max
52.88%
Q3
19.49%
Median
8.76%
EQX
8.47%
Q1
-3.41%
Min
-32.81%
Loading chart…
BHP (BHP) vs. Equinox Gold (EQX): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both BHP (BHP) at 16.73% and Equinox Gold (EQX) at 28.09% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

BHP

Materials industry group

16.73%

Max
38.66%
BHP
16.73%
Q3
15.98%
Median
5.28%
Q1
0.00%
Min
-20.40%

EQX

Materials industry group

28.09%

Max
38.66%
EQX
28.09%
Q3
15.98%
Median
5.28%
Q1
0.00%
Min
-20.40%
Loading chart…
BHP (BHP) vs. Equinox Gold (EQX): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both BHP (BHP) at 43.34% and Equinox Gold (EQX) at 32.14% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

BHP

Materials industry group

43.34%

Max
66.70%
BHP
43.34%
Q3
28.92%
Median
12.56%
Q1
3.28%
Min
-14.07%

EQX

Materials industry group

32.14%

Max
66.70%
EQX
32.14%
Q3
28.92%
Median
12.56%
Q1
3.28%
Min
-14.07%
Loading chart…
BHP (BHP) vs. Equinox Gold (EQX): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for BHP (BHP) and Equinox Gold (EQX)
MetricBHPEQX
ROE (TTM)24.00%8.47%
ROA (TTM)13.43%6.74%
Net Margin (TTM)16.73%28.09%
Operating Margin (TTM)43.34%32.14%
Gross Margin (TTM)85.92%57.60%

Growth

Revenue Growth

Equinox Gold (EQX) at 99.07% clears its industry range for revenue growth, far stronger top-line momentum than BHP (BHP) at 14.63%, which is closer to a typical peer reading.

Loading chart…
BHP (BHP) vs. Equinox Gold (EQX): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both BHP (BHP) at 8.91% and Equinox Gold (EQX) at -53.33% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Loading chart…
BHP (BHP) vs. Equinox Gold (EQX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for BHP (BHP) and Equinox Gold (EQX)
MetricBHPEQX
Revenue Growth (YoY)14.63%99.07%
Revenue Growth (3Y CAGR)2.97%24.04%
EPS Growth (YoY)8.91%-53.33%
EPS Growth (3Y CAGR)-8.80%--

Financial Strength

Current Ratio (MRQ)

BHP (BHP) at 1.89 keeps current ratio within its industry’s typical mid-range, while Equinox Gold (EQX) at 1.33 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for EQX.

BHP

Materials industry group

1.89

Max
5.96
Q3
3.30
Median
2.24
BHP
1.89
Q1
1.45
Min
0.16

EQX

Materials industry group

1.33

Max
5.96
Q3
3.30
Median
2.24
Q1
1.45
EQX
1.33
Min
0.16
Loading chart…
BHP (BHP) vs. Equinox Gold (EQX): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both BHP (BHP) at 0.50 and Equinox Gold (EQX) at 0.13 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

BHP

Materials industry group

0.50

Max
1.98
Q3
0.89
BHP
0.50
Median
0.47
Q1
0.13
Min
0.00

EQX

Materials industry group

0.13

Max
1.98
Q3
0.89
Median
0.47
EQX
0.13
Q1
0.13
Min
0.00
Loading chart…
BHP (BHP) vs. Equinox Gold (EQX): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for BHP (BHP) and Equinox Gold (EQX)
MetricBHPEQX
Current Ratio (MRQ)1.891.33
Debt / Equity (MRQ)0.500.13
Net Debt / EBITDA0.330.21

Dividends

Dividend Yield (TTM)

BHP (BHP) at 2.19% delivers top-quartile income for its industry, while Equinox Gold (EQX) at 0.27% pays a more typical yield — both are credible income propositions, BHP the richer one.

BHP

Materials industry group

2.19%

Max
4.52%
BHP
2.19%
Q3
1.85%
Median
0.38%
Q1
0.00%
Min
0.00%

EQX

Materials industry group

0.27%

Max
4.52%
Q3
1.85%
Median
0.38%
EQX
0.27%
Q1
0.00%
Min
0.00%
Loading chart…
BHP (BHP) vs. Equinox Gold (EQX): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Equinox Gold (EQX) at 6.25% pays out a band-typical share of earnings, while BHP (BHP) at 68.84% distributes more than its industry norm — less retained, thinner cover.

BHP

Materials industry group

68.84%

Max
83.62%
BHP
68.84%
Q3
41.37%
Median
9.54%
Q1
0.00%
Min
0.00%

EQX

Materials industry group

6.25%

Max
83.62%
Q3
41.37%
Median
9.54%
EQX
6.25%
Q1
0.00%
Min
0.00%
Loading chart…
BHP (BHP) vs. Equinox Gold (EQX): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for BHP (BHP) and Equinox Gold (EQX)
MetricBHPEQX
Dividend Yield (TTM)2.19%0.27%
Dividend Payout Ratio (TTM)68.84%6.25%

Valuation

P/E Ratio (TTM)

Both BHP (BHP) at 20.70 and Equinox Gold (EQX) at 24.00 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

BHP

Materials industry group

20.70

Max
59.00
Q3
32.93
BHP
20.70
Median
18.82
Q1
11.96
Min
3.93

EQX

Materials industry group

24.00

Max
59.00
Q3
32.93
EQX
24.00
Median
18.82
Q1
11.96
Min
3.93
Loading chart…
BHP (BHP) vs. Equinox Gold (EQX): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

BHP (BHP) at 3.46 is priced about in line with its industry on P/S ratio, while Equinox Gold (EQX) at 4.64 sits in the pricier quartile — EQX costs more per dollar of sales.

BHP

Materials industry group

3.46

Max
9.62
Q3
4.34
BHP
3.46
Median
1.87
Q1
0.73
Min
0.00

EQX

Materials industry group

4.64

Max
9.62
EQX
4.64
Q3
4.34
Median
1.87
Q1
0.73
Min
0.00
Loading chart…
BHP (BHP) vs. Equinox Gold (EQX): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Equinox Gold (EQX) at 1.43 is valued about in line with its industry on P/B ratio, while BHP (BHP) at 3.98 carries an above-peer premium to book — BHP is pricier on assets.

BHP

Materials industry group

3.98

Max
6.59
BHP
3.98
Q3
3.55
Median
2.08
Q1
1.26
Min
-0.17

EQX

Materials industry group

1.43

Max
6.59
Q3
3.55
Median
2.08
EQX
1.43
Q1
1.26
Min
-0.17
Loading chart…
BHP (BHP) vs. Equinox Gold (EQX): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for BHP (BHP) and Equinox Gold (EQX)
MetricBHPEQX
P/E Ratio (TTM)20.7024.00
P/S Ratio (TTM)3.464.64
P/B Ratio (MRQ)3.981.43
Free Cash Flow Yield (TTM)4.72%2.15%