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Lundin Mining (Lundin Mining) Operating Margin %

: 15.66% (As of Dec. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. Lundin Mining's Operating Income for the three months ended in Dec. 2023 was $166 Mil. Lundin Mining's Revenue for the three months ended in Dec. 2023 was $1,060 Mil. Therefore, Lundin Mining's Operating Margin % for the quarter that ended in Dec. 2023 was 15.66%.

Good Sign:

Lundin Mining Corp operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Lundin Mining's Operating Margin % or its related term are showing as below:

LUNMF' s Operating Margin % Range Over the Past 10 Years
Min: 1.97   Med: 16.66   Max: 37.96
Current: 15.2


LUNMF's Operating Margin % is ranked better than
78.76% of 857 companies
in the Metals & Mining industry
Industry Median: 2.02 vs LUNMF: 15.20

Lundin Mining's 5-Year Average Operating Margin % Growth Rate was 0.90% per year.

Lundin Mining's Operating Income for the three months ended in Dec. 2023 was $166 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $513 Mil.

Warning Sign:

Lundin Mining Corp has recorded a loss in operating income at least once over the past 3 years.


Lundin Mining Operating Margin % Historical Data

The historical data trend for Lundin Mining's Operating 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 16.15 [6] => 19.56 [7] => 37.96 [8] => 18.08 [9] => 14.94 )
Lundin Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.15 19.56 37.96 18.08 14.94

Lundin Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % 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 Premium Member Only Premium Member Only Premium Member Only 16.57 23.97 1.20 16.13 15.66

Competitive Comparison

For the Copper subindustry, Lundin Mining's Operating Margin %, along with its competitors' market caps and Operating 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.


Lundin Mining Operating Margin % Distribution

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

* The bar in red indicates where Lundin Mining's Operating Margin % falls into.



Lundin Mining Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Lundin Mining's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=506.789 / 3392.077
=14.94 %

Lundin Mining's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=166 / 1060.007
=15.66 %

* 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.


Lundin Mining  (OTCPK:LUNMF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Lundin Mining Operating Margin % Related Terms

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Lundin Mining (Lundin Mining) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

Lundin Mining (Lundin Mining) Headlines

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