Exxaro Resources (JSE:EXX) EBITDA Margin %: 35.54% (As of Dec. 2025) — 18% Below Median


JSE:EXX Exxaro Resources Ltd JSE:EXX
83 GF Score
Price R201.55
GF Value R197.54
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Exxaro Resources EBITDA Margin %?

Exxaro Resources JSE:EXX +0.43% 83 EBITDA Margin % is 35.54% as of Dec. 2025, which is 18% below its 10-year median of 43.42. GuruFocus rates JSE:EXX with a GF Score™ of 83/100 and a GF Value™ of R197.54 (Fairly Valued). The stock has 8 warning signs investors should review. Among 130 Other Energy Sources companies, Exxaro Resources ranks better than 90% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Exxaro Resources's EBITDA for the six months ended in Dec. 2025 was R7,531 Mil. Exxaro Resources's Revenue for the six months ended in Dec. 2025 was R21,192 Mil. Therefore, Exxaro Resources's EBITDA margin for the quarter that ended in Dec. 2025 was 35.54%.


Exxaro Resources  (JSE:EXX) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Exxaro Resources EBITDA Margin % Related Terms


Exxaro Resources EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Exxaro Resources's EBITDA 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.

Exxaro Resources EBITDA Margin % Chart

Exxaro Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.33 55.98 56.73 40.50 38.97

Exxaro Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBITDA 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 52.81 42.12 39.10 42.50 35.54

JSE:EXX vs CNR: EBITDA Margin % Comparison

For the Thermal Coal subindustry, Exxaro Resources's EBITDA Margin %, along with its competitors' market caps and EBITDA 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.


Exxaro Resources EBITDA Margin % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Exxaro Resources's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Exxaro Resources's EBITDA Margin % falls into.


JSE:EXX
83GF Score
Exxaro Resources Ltd JSE:EXX
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Exxaro Resources EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Exxaro Resources's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=16278/41771
=38.97 %

Exxaro Resources's EBITDA Margin % for the quarter that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=7531/21192
=35.54 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 35.54% mean?
Exxaro Resources (JSE:EXX) has a EBITDA Margin % of 35.54% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Exxaro Resources and its competitors. This is 18% below median its historical median of 43.42. Over the past decade, Exxaro Resources' EBITDA Margin % has ranged from 29.34 to 61.33. According to the industry distribution chart, Exxaro Resources ranks #13 out of 130 companies in the Other Energy Sources industry, placing it in the top 10%.
Is Exxaro Resources' EBITDA Margin % too high?
Exxaro Resources' current EBITDA Margin % of 35.54% is 18% below median its 10-year median of 43.42. Over the past 10 years, this metric has ranged from a low of 29.34 to a high of 61.33. The Other Energy Sources industry median EBITDA Margin % is 9.82. Exxaro Resources' value of 35.54% is 261.9% above this industry median. Based on the distribution chart, Exxaro Resources ranks #13 out of 130 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Exxaro Resources has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Exxaro Resources' EBITDA Margin % compare to CNR?
According to the Other Energy Sources industry distribution chart, Exxaro Resources ranks #13 out of 130 companies for EBITDA Margin %. This places Exxaro Resources in the top 10% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 9.82. Exxaro Resources' value of 35.54% is 261.9% above this benchmark. Historically, Exxaro Resources' own EBITDA Margin % has ranged from 29.34 to 61.33 over the past decade. While the company's 10-year median is 43.42 vs. the industry median of 9.82, Exxaro Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Other Energy Sources company?
The median EBITDA Margin % among Other Energy Sources companies is 9.82, based on 130 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Exxaro Resources's current EBITDA Margin % of 35.54% is 261.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Exxaro Resources and its competitors. For the Other Energy Sources industry, the median EBITDA Margin % is 9.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exxaro Resources's current EBITDA Margin % is 35.54%, which is 18% below median its own 10-year median of 43.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exxaro Resources stock overvalued right now?
Based on GuruFocus' analysis, Exxaro Resources (JSE:EXX) is currently considered Fairly Valued. The stock's GF Value™ is R197.54, compared to a current price of R201.55 — trading 2% above its estimated fair value. The current EBITDA Margin % is 35.54%, which is 18% below median its 10-year median of 43.42 and 261.9% above the Other Energy Sources industry median of 9.82. Exxaro Resources' overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Exxaro Resources (JSE:EXX), the current EBITDA Margin % is 35.54% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Exxaro Resources (JSE:EXX) Overvalued in 2026?

Based on GuruFocus' analysis, Exxaro Resources stock appears to be overvalued. The current stock price of R201.55 is trading 2% above its estimated GF Value™ of R197.54. GuruFocus considers Exxaro Resources to be Fairly Valued.

Key valuation signals for JSE:EXX:

  • EBITDA Margin %: 35.54% (18% below median its 10-year median of 43.42)
  • GF Value™: R197.54 vs. price of R201.55 (2% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 261.9% above the Other Energy Sources median (#13 of 130)

No single metric tells the full story. See the JSE:EXX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Exxaro Resources Business Description

Other Exchanges EXXAF:USALCQ:Germany
Address 263B West Avenue, Die Hoewes, The conneXXion, Centurion, GT, ZAF, 0163
Exxaro Resources Ltd is one of the South Africa-based diversified resources companies. The company's operating segments are: Coal, Energy, Metals, and Others. The majority of its revenue comes from the coal segment, whose operations are located in the Waterberg and Mpumalanga regions and are split between coal commercial operations and coal-tied operations and produce thermal and metallurgical coal, Commercial Waterberg is comprised mainly of the Grootegeluk operation, Commercial Mpumalanga comprising the Belfast and Leeuwpan operations, and Tied comprising of the Matla mine supplying its entire coal supply to Eskom; and Others comprises of the other coal affiliated operation. Geographically, the company derives majority of its revenue from the RSA region ( Republic of South Africa).
83GF Score

Get the complete analysis for JSE:EXX

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R201.55
Price
R197.54
GF Value