Harvest Minerals (LSE:HMI) Gross Margin %: 38.56% (As of Dec. 2025) — 34% Below Median

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What is Harvest Minerals Gross Margin %?

Harvest Minerals LSE:HMI +11.11% Gross Margin % is 38.56% as of Dec. 2025, which is 34% below its 10-year median of 58.52. The stock has 7 warning signs investors should review. Among 245 Agriculture companies, Harvest Minerals ranks worse than 58.37% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Harvest Minerals's Gross Profit for the six months ended in Dec. 2025 was £0.24 Mil. Harvest Minerals's Revenue for the six months ended in Dec. 2025 was £0.61 Mil. Therefore, Harvest Minerals's Gross Margin % for the quarter that ended in Dec. 2025 was 38.56%.

Warning Sign:

Harvest Minerals Ltd gross margin has been in long-term decline. The average rate of decline per year is -34.9%.


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

LSE:HMI' s Gross Margin % Range Over the Past 10 Years
Min: 3.47   Med: 58.52   Max: 73.92
Current: 21.51


During the past 12 years, the highest Gross Margin % of Harvest Minerals was 73.92%. The lowest was 3.47%. And the median was 58.52%.

LSE:HMI's Gross Margin % is ranked worse than
58.37% of 245 companies
in the Agriculture industry
Industry Median: 24.81 vs LSE:HMI: 21.51

Harvest Minerals had a gross margin of 38.56% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Harvest Minerals was -34.90% per year.


Harvest Minerals  (LSE:HMI) 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

Harvest Minerals had a gross margin of 38.56% for the quarter that ended in Dec. 2025 => 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.


Harvest Minerals Gross Margin % Related Terms


Harvest Minerals Gross Margin % Historical Data

* Premium members only.

The historical data trend for Harvest Minerals'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.

Harvest Minerals Gross Margin % Chart

Harvest Minerals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.92 66.76 47.34 3.47 21.17

Harvest Minerals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 57.22 -1.41 7.58 -20.56 38.56

LSE:HMI vs CTVA, CF, MOS: Gross Margin % Comparison

For the Agricultural Inputs subindustry, Harvest Minerals'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.


Harvest Minerals Gross Margin % vs Agriculture Industry

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

* The bar in red indicates where Harvest Minerals's Gross Margin % falls into.



Harvest Minerals Gross Margin % Calculation

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

Harvest Minerals'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 )
=0.2 / 0.869
=(Revenue - Cost of Goods Sold) / Revenue
=(0.869 - 0.685) / 0.869
=21.17 %

Harvest Minerals's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=0.2 / 0.612
=(Revenue - Cost of Goods Sold) / Revenue
=(0.612 - 0.376) / 0.612
=38.56 %

* 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 38.56% mean?
Harvest Minerals (LSE:HMI) has a Gross Margin % of 38.56% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Harvest Minerals and its competitors. This is 34% below median its historical median of 58.52. Over the past decade, Harvest Minerals' Gross Margin % has ranged from 3.47 to 73.92. According to the industry distribution chart, Harvest Minerals ranks #143 out of 245 companies in the Agriculture industry, placing it in the top 58.4%.
Is Harvest Minerals' Gross Margin % too high?
Harvest Minerals' current Gross Margin % of 38.56% is 34% below median its 10-year median of 58.52. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 73.92. The Agriculture industry median Gross Margin % is 24.81. Harvest Minerals' value of 38.56% is 55.4% above this industry median. Based on the distribution chart, Harvest Minerals ranks #143 out of 245 companies in the Agriculture industry, which is below the industry midpoint.
How does Harvest Minerals' Gross Margin % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Harvest Minerals ranks #143 out of 245 companies for Gross Margin %. This places Harvest Minerals in the lower half of its industry. The industry median Gross Margin % is 24.81. Harvest Minerals' value of 38.56% is 55.4% above this benchmark. Historically, Harvest Minerals' own Gross Margin % has ranged from 3.47 to 73.92 over the past decade. While the company's 10-year median is 58.52 vs. the industry median of 24.81, Harvest Minerals 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 Agriculture company?
The median Gross Margin % among Agriculture companies is 24.81, 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. Harvest Minerals's current Gross Margin % of 38.56% is 55.4% 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 Harvest Minerals and its competitors. For the Agriculture industry, the median Gross Margin % is 24.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harvest Minerals's current Gross Margin % is 38.56%, which is 34% below median its own 10-year median of 58.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvest Minerals stock overvalued right now?
Harvest Minerals (LSE:HMI) has a current Gross Margin % of 38.56%. The current Gross Margin % is 38.56%, which is 34% below median its 10-year median of 58.52 and 55.4% above the Agriculture industry median of 24.81. 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 Harvest Minerals (LSE:HMI), the current Gross Margin % is 38.56% 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.

Harvest Minerals Business Description

Other Exchanges 7HM:Germany
Address 22 Lindsay Street, Perth, WA, AUS, 6000
Harvest Minerals Ltd operates as a mineral exploration company in Brazil. It explores phosphate and potash fertilizers. The Group has some principal fertilizer projects - the Sergipe Potash Project, the Miriri Phosphate Project, the Limestone Project, the Arapua Fertilizer Project, and the Mandacaru Phosphate Project. The Group is organised into one main operating segment, which involves mining exploration, processing, and the sale of fertiliser. Its revenue arises mainly from the sale of fertilizer. The Group generates revenue in Brazil.