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Alamos Gold (Alamos Gold) Gross Margin % : 34.52% (As of Dec. 2023)


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What is Alamos Gold Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Alamos Gold's Gross Profit for the three months ended in Dec. 2023 was $88 Mil. Alamos Gold's Revenue for the three months ended in Dec. 2023 was $255 Mil. Therefore, Alamos Gold's Gross Margin % for the quarter that ended in Dec. 2023 was 34.52%.


The historical rank and industry rank for Alamos Gold's Gross Margin % or its related term are showing as below:

AGI' s Gross Margin % Range Over the Past 10 Years
Min: -10.48   Med: 19.76   Max: 37.68
Current: 37.68


During the past 13 years, the highest Gross Margin % of Alamos Gold was 37.68%. The lowest was -10.48%. And the median was 19.76%.

AGI's Gross Margin % is ranked better than
72.77% of 705 companies
in the Metals & Mining industry
Industry Median: 19.4 vs AGI: 37.68

Alamos Gold had a gross margin of 34.52% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Alamos Gold was 54.20% per year.


Alamos Gold Gross Margin % Historical Data

The historical data trend for Alamos Gold's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alamos Gold Gross Margin % Chart

Alamos Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.67 36.44 35.15 25.85 37.68

Alamos Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.85 38.29 39.54 38.33 34.52

Competitive Comparison of Alamos Gold's Gross Margin %

For the Gold subindustry, Alamos Gold's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alamos Gold's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alamos Gold's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Alamos Gold's Gross Margin % falls into.



Alamos Gold Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Alamos Gold's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=385.6 / 1023.3
=(Revenue - Cost of Goods Sold) / Revenue
=(1023.3 - 637.7) / 1023.3
=37.68 %

Alamos Gold's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=87.9 / 254.6
=(Revenue - Cost of Goods Sold) / Revenue
=(254.6 - 166.7) / 254.6
=34.52 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Alamos Gold  (NYSE:AGI) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Alamos Gold had a gross margin of 34.52% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Alamos Gold Gross Margin % Related Terms

Thank you for viewing the detailed overview of Alamos Gold's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Alamos Gold (Alamos Gold) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Brookfield Place, Suite 3910, Toronto, ON, CAN, M5J 2T3
Alamos Gold Inc acquires, explores, and produces gold and other precious metals, and operates in two principal geographic areas: Canada and Mexico. The company has three operating mines in North America: Young-Davidson and Island Gold mines operate in Canada and the Mulatos and in Sonora, Mexico. The company generates maximum revenue from Young Davidson mines.