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
Evolution Metals & Technologies had a gross margin of 23.68% for the quarter that ended in Mar. 2026 => 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.
Evolution Metals & Technologies Gross Margin % Related Terms
Evolution Metals & Technologies Gross Margin % Historical Data
* 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.
EMAT vs USAR, MTRN, NVA: Gross Margin % Comparison
For the Other Industrial Metals & Mining subindustry, Evolution Metals & Technologies'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.
Evolution Metals & Technologies Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Evolution Metals & Technologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Evolution Metals & Technologies's Gross Margin % falls into.
* 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.
Evolution Metals & Technologies (EMAT) has a Gross Margin % of 23.68% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Evolution Metals & Technologies and its competitors. According to the industry distribution chart, Evolution Metals & Technologies ranks #693 out of 729 companies in the Metals & Mining industry, placing it in the top 95.1%.
Is Evolution Metals & Technologies' Gross Margin % too high?
Evolution Metals & Technologies' current Gross Margin % is 23.68%. The Metals & Mining industry median Gross Margin % is 26.15. Evolution Metals & Technologies' value of 23.68% is 9.4% below this industry median. Based on the distribution chart, Evolution Metals & Technologies ranks #693 out of 729 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Evolution Metals & Technologies has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Evolution Metals & Technologies' Gross Margin % compare to USAR and MTRN?
According to the Metals & Mining industry distribution chart, Evolution Metals & Technologies ranks #693 out of 729 companies for Gross Margin %. This places Evolution Metals & Technologies in the lower half of its industry. The industry median Gross Margin % is 26.15. Evolution Metals & Technologies' value of 23.68% is 9.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.15, based on 729 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Evolution Metals & Technologies's current Gross Margin % of 23.68% is 9.4% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Evolution Metals & Technologies and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution Metals & Technologies's current Gross Margin % is 23.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution Metals & Technologies stock overvalued right now?
Evolution Metals & Technologies (EMAT) has a current Gross Margin % of 23.68%. The current Gross Margin % is 23.68% and 9.4% below the Metals & Mining industry median of 26.15. Evolution Metals & Technologies' overall GF Score™ is 6/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Evolution Metals & Technologies (EMAT), the current Gross Margin % is 23.68% as of Mar. 2026. 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.
Evolution Metals & Technologies Business Description
Evolution Metals & Technologies Corp is a critical materials and technology company. The company is focused on developing a secure, dependable, and self-sustaining U.S.-aligned supply chain for critical minerals and materials (CMM), and rare earth elements (REEs). The company is also engaged in recycling end-of-life materials through urban mining to help strengthen domestic resource independence and long-term supply stability.
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