49 North ResourcesFNINF +1,150.00% Gross Margin % is 98.69% as of Mar. 2026, which is 1% above its 10-year median of 97.31. The stock has 3 warning signs investors should review. Among 553 Asset Management companies, 49 North Resources ranks better than 86.8% on this metric.
49 North Resources Inc gross margin has been in long-term decline. The average rate of decline per year is -3.8%.
The historical rank and industry rank for 49 North Resources's Gross Margin % or its related term are showing as below:
FNINF'
s Gross Margin % Range Over the Past 10 Years
Min: 63.25 Med: 97.31 Max: 108.13
Current: 96.58
During the past 13 years, the highestGross Margin % of 49 North Resources was 108.13%. The lowest was 63.25%. And the median was 97.31%.
FNINF's Gross Margin % is ranked better than 86.8% of 553
companies
in the Asset Management industry
Industry Median: 58.4
vs FNINF: 96.58
49 North Resources had a gross margin of 98.69% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for 49 North Resources was -3.80% per year.
49 North Resources (OTCPK:FNINF) 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
49 North Resources had a gross margin of 98.69% for the quarter that ended in Mar. 2026 => Durable 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.
49 North Resources Gross Margin % Related Terms
49 North Resources Gross Margin % Historical Data
* Premium members only.
The historical data trend for 49 North Resources'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.
For the Asset Management subindustry, 49 North Resources'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.
49 North Resources Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, 49 North Resources's Gross Margin % distribution charts can be found below:
* The bar in red indicates where 49 North Resources'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.
49 North Resources (FNINF) has a Gross Margin % of 98.69% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on 49 North Resources and its competitors. This is near median its historical median of 97.31. Over the past decade, 49 North Resources' Gross Margin % has ranged from 63.25 to 108.13. According to the industry distribution chart, 49 North Resources ranks #73 out of 553 companies in the Asset Management industry, placing it in the top 13.2%.
Is 49 North Resources' Gross Margin % too high?
49 North Resources' current Gross Margin % of 98.69% is near median its 10-year median of 97.31. Over the past 10 years, this metric has ranged from a low of 63.25 to a high of 108.13. The Asset Management industry median Gross Margin % is 58.40. 49 North Resources' value of 98.69% is 69% above this industry median. Based on the distribution chart, 49 North Resources ranks #73 out of 553 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers.
How does 49 North Resources' Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, 49 North Resources ranks #73 out of 553 companies for Gross Margin %. This places 49 North Resources in the top 13% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 58.40. 49 North Resources' value of 98.69% is 69% above this benchmark. Historically, 49 North Resources' own Gross Margin % has ranged from 63.25 to 108.13 over the past decade. While the company's 10-year median is 97.31 vs. the industry median of 58.40, 49 North 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 Gross Margin % for an Asset Management company?
The median Gross Margin % among Asset Management companies is 58.40, based on 553 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. 49 North Resources's current Gross Margin % of 98.69% is 69% 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 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 49 North Resources and its competitors. For the Asset Management industry, the median Gross Margin % is 58.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 49 North Resources's current Gross Margin % is 98.69%, which is near median its own 10-year median of 97.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 49 North Resources stock overvalued right now?
49 North Resources (FNINF) has a current Gross Margin % of 98.69%. The current Gross Margin % is 98.69%, which is near median its 10-year median of 97.31 and 69% above the Asset Management industry median of 58.40. 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 49 North Resources (FNINF), the current Gross Margin % is 98.69% 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.
49 North Resources Inc is a Saskatchewan-focused resource investment company. The company provides diversified exposure to oil & gas, potash, uranium, diamonds, coal, base & precious metals, and rare earth elements.
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