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EMX Royalty (EMX Royalty) Gross Margin % : 19.26% (As of Dec. 2023)


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What is EMX Royalty Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. EMX Royalty's Gross Profit for the three months ended in Dec. 2023 was $1.03 Mil. EMX Royalty's Revenue for the three months ended in Dec. 2023 was $5.37 Mil. Therefore, EMX Royalty's Gross Margin % for the quarter that ended in Dec. 2023 was 19.26%.


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

EMX' s Gross Margin % Range Over the Past 10 Years
Min: -553.13   Med: -38.09   Max: 29.42
Current: 18.72


During the past 13 years, the highest Gross Margin % of EMX Royalty was 29.42%. The lowest was -553.13%. And the median was -38.09%.

EMX's Gross Margin % is ranked worse than
51.91% of 705 companies
in the Metals & Mining industry
Industry Median: 19.4 vs EMX: 18.72

EMX Royalty had a gross margin of 19.26% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for EMX Royalty was 0.00% per year.


EMX Royalty Gross Margin % Historical Data

The historical data trend for EMX Royalty'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.

EMX Royalty Gross Margin % Chart

EMX Royalty 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 -545.37 -553.32 -57.31 -108.87 18.71

EMX Royalty 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 -121.73 -115.38 -57.07 53.11 19.26

Competitive Comparison of EMX Royalty's Gross Margin %

For the Other Industrial Metals & Mining subindustry, EMX Royalty'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.


EMX Royalty's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where EMX Royalty's Gross Margin % falls into.



EMX Royalty Gross Margin % Calculation

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

EMX Royalty'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 )
=3.8 / 20.287
=(Revenue - Cost of Goods Sold) / Revenue
=(20.287 - 16.491) / 20.287
=18.71 %

EMX Royalty'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 )
=1 / 5.369
=(Revenue - Cost of Goods Sold) / Revenue
=(5.369 - 4.335) / 5.369
=19.26 %

* 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.


EMX Royalty  (AMEX:EMX) 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

EMX Royalty had a gross margin of 19.26% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


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.


EMX Royalty Gross Margin % Related Terms

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


EMX Royalty (EMX Royalty) Business Description

Traded in Other Exchanges
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
EMX Royalty Corp and its subsidiaries operate as a royalty and prospect generator engaged in exploring for and generating royalties from, metals and minerals properties. The company's royalty and exploration portfolio mainly consists of properties in North America, Europe, Turkey, Australia, Chile, and Haiti.