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Kumba Iron Ore (Kumba Iron Ore) Net Margin % : 27.28% (As of Dec. 2023)


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What is Kumba Iron Ore Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Kumba Iron Ore's Net Income for the six months ended in Dec. 2023 was $702 Mil. Kumba Iron Ore's Revenue for the six months ended in Dec. 2023 was $2,574 Mil. Therefore, Kumba Iron Ore's net margin for the quarter that ended in Dec. 2023 was 27.28%.

The historical rank and industry rank for Kumba Iron Ore's Net Margin % or its related term are showing as below:

KIROY' s Net Margin % Range Over the Past 10 Years
Min: 1.33   Med: 23.91   Max: 32.58
Current: 26.35


KIROY's Net Margin % is ranked better than
95.87% of 605 companies
in the Steel industry
Industry Median: 2.91 vs KIROY: 26.35

Kumba Iron Ore Net Margin % Historical Data

The historical data trend for Kumba Iron Ore's Net 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.

Kumba Iron Ore Net Margin % Chart

Kumba Iron Ore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.29 28.44 32.58 20.22 26.35

Kumba Iron Ore Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net 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 21.69 26.88 10.99 25.19 27.28

Competitive Comparison of Kumba Iron Ore's Net Margin %

For the Steel subindustry, Kumba Iron Ore's Net Margin %, along with its competitors' market caps and Net 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.


Kumba Iron Ore's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kumba Iron Ore's Net Margin % distribution charts can be found below:

* The bar in red indicates where Kumba Iron Ore's Net Margin % falls into.



Kumba Iron Ore Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Kumba Iron Ore's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1219.623/4628.075
=26.35 %

Kumba Iron Ore's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=702.149/2573.687
=27.28 %

* 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.


Kumba Iron Ore  (OTCPK:KIROY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Kumba Iron Ore Net Margin % Related Terms

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Kumba Iron Ore (Kumba Iron Ore) Business Description

Traded in Other Exchanges
Address
144 Oxford Road, Rosebank, Melrose, Johannesburg, GT, ZAF, 2196
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending and sale of iron ore to the global steel industry. The company primarily operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake, located near the town of Kathu in the Northern Cape Province. The Sishen mine is an opencast mine and produces the bulk of the group's iron ore, most of which is exported. It also holds interest in Kolomela mine.

Kumba Iron Ore (Kumba Iron Ore) Headlines

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