IPI (Intrepid Potash) Gross Margin %: 24.97% (As of Jun. 2026) — 58% Above Median

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IPI Intrepid Potash Inc IPI
69 GF Score
Price $36.62
GF Value $28.19
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Intrepid Potash Gross Margin %?

Intrepid Potash IPI +1.78% 69 Gross Margin % is 24.97% as of Jun. 2026, which is 58% above its 10-year median of 15.79. GuruFocus rates IPI with a GF Score™ of 69/100 and a GF Value™ of $28.19 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 245 Agriculture companies, Intrepid Potash ranks worse than 60% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Intrepid Potash's Gross Profit for the three months ended in Jun. 2026 was $16.6 Mil. Intrepid Potash's Revenue for the three months ended in Jun. 2026 was $66.7 Mil. Therefore, Intrepid Potash's Gross Margin % for the quarter that ended in Jun. 2026 was 24.97%.


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

IPI' s Gross Margin % Range Over the Past 10 Years
Min: -12.63   Med: 15.79   Max: 41.89
Current: 20.46


During the past 13 years, the highest Gross Margin % of Intrepid Potash was 41.89%. The lowest was -12.63%. And the median was 15.79%.

IPI's Gross Margin % is ranked worse than
60% of 245 companies
in the Agriculture industry
Industry Median: 25.26 vs IPI: 20.46

Intrepid Potash had a gross margin of 24.97% for the quarter that ended in Jun. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Intrepid Potash was 9.70% per year.


Intrepid Potash  (NYSE:IPI) 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

Intrepid Potash had a gross margin of 24.97% for the quarter that ended in Jun. 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.


Intrepid Potash Gross Margin % Related Terms


Intrepid Potash Gross Margin % Historical Data

* Premium members only.

The historical data trend for Intrepid Potash'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.

Intrepid Potash Gross Margin % Chart

Intrepid Potash Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.63 41.89 13.20 11.42 18.37

Intrepid Potash Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 18.30 19.87 20.23 17.91 24.97

IPI vs VRDR, AVD, BIOX: Gross Margin % Comparison

For the Agricultural Inputs subindustry, Intrepid Potash'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.


Intrepid Potash Gross Margin % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Intrepid Potash's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Intrepid Potash's Gross Margin % falls into.


IPI
69GF Score
Intrepid Potash Inc IPI
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Intrepid Potash Gross Margin % Calculation

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

Intrepid Potash's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=54.8 / 298.328
=(Revenue - Cost of Goods Sold) / Revenue
=(298.328 - 243.512) / 298.328
=18.37 %

Intrepid Potash's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=16.6 / 66.685
=(Revenue - Cost of Goods Sold) / Revenue
=(66.685 - 50.036) / 66.685
=24.97 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 24.97% mean?
Intrepid Potash (IPI) has a Gross Margin % of 24.97% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Intrepid Potash and its competitors. This is 58% above median its historical median of 15.79. According to the industry distribution chart, Intrepid Potash ranks #147 out of 245 companies in the Agriculture industry, placing it in the top 60%.
Is Intrepid Potash's Gross Margin % too high?
Intrepid Potash's current Gross Margin % of 24.97% is 58% above median its 10-year median of 15.79. The Agriculture industry median Gross Margin % is 25.26. Intrepid Potash's value of 24.97% is 1.1% below this industry median. Based on the distribution chart, Intrepid Potash ranks #147 out of 245 companies in the Agriculture industry, which is below the industry midpoint. Overall, Intrepid Potash has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Intrepid Potash's Gross Margin % compare to VRDR and AVD?
According to the Agriculture industry distribution chart, Intrepid Potash ranks #147 out of 245 companies for Gross Margin %. This places Intrepid Potash in the lower half of its industry. The industry median Gross Margin % is 25.26. Intrepid Potash's value of 24.97% is 1.1% below this benchmark. While the company's 10-year median is 15.79 vs. the industry median of 25.26, Intrepid Potash has consistently been below 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 Agriculture company?
The median Gross Margin % among Agriculture companies is 25.26, based on 245 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. Intrepid Potash's current Gross Margin % of 24.97% is 1.1% 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 Intrepid Potash and its competitors. For the Agriculture industry, the median Gross Margin % is 25.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intrepid Potash's current Gross Margin % is 24.97%, which is 58% above median its own 10-year median of 15.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intrepid Potash stock overvalued right now?
Based on GuruFocus' analysis, Intrepid Potash (IPI) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.19, compared to a current price of $36.62 — trading 29.9% above its estimated fair value. The current Gross Margin % is 24.97%, which is 58% above median its 10-year median of 15.79 and 1.1% below the Agriculture industry median of 25.26. Intrepid Potash's overall GF Score™ is 69/100 with 5 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 Intrepid Potash (IPI), the current Gross Margin % is 24.97% as of Jun. 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.

Is Intrepid Potash (IPI) Overvalued in 2026?

Based on GuruFocus' analysis, Intrepid Potash stock appears to be overvalued. The current stock price of $36.62 is trading 29.9% above its estimated GF Value™ of $28.19. GuruFocus considers Intrepid Potash to be Modestly Overvalued.

Key valuation signals for IPI:

  • Gross Margin %: 24.97% (58% above median its 10-year median of 15.79)
  • GF Value™: $28.19 vs. price of $36.62 (29.9% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 1.1% below the Agriculture median (#147 of 245)

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


Intrepid Potash Business Description

Other Exchanges 58I1:Germany
Address 707 17th Street, Suite 4200, Denver, CO, USA, 80202
Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield Solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, saltwater disposal services, and trucking services. The vast majority of revenue is generated in the United States, where the firm's production facilities are located.
69GF Score

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

$36.62
Price
$28.19
GF Value