NHYDY (Norsk Hydro ASA) Gross Margin %: 31.93% (As of Mar. 2026) — 12% Below Median


NHYDY Norsk Hydro ASA NHYDY
81 GF Score
Price $8.68
GF Value $7.38
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Norsk Hydro ASA Gross Margin %?

Norsk Hydro ASA NHYDY -0.91% 81 Gross Margin % is 31.93% as of Mar. 2026, which is 12% below its 10-year median of 36.10. GuruFocus rates NHYDY with a GF Score™ of 81/100 and a GF Value™ of $7.38 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 727 Metals & Mining companies, Norsk Hydro ASA ranks better than 54.75% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Norsk Hydro ASA's Gross Profit for the three months ended in Mar. 2026 was $1,666 Mil. Norsk Hydro ASA's Revenue for the three months ended in Mar. 2026 was $5,217 Mil. Therefore, Norsk Hydro ASA's Gross Margin % for the quarter that ended in Mar. 2026 was 31.93%.


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

NHYDY' s Gross Margin % Range Over the Past 10 Years
Min: 30.08   Med: 36.1   Max: 40.63
Current: 30.08


During the past 13 years, the highest Gross Margin % of Norsk Hydro ASA was 40.63%. The lowest was 30.08%. And the median was 36.10%.

NHYDY's Gross Margin % is ranked better than
54.75% of 727 companies
in the Metals & Mining industry
Industry Median: 26.2 vs NHYDY: 30.08

Norsk Hydro ASA had a gross margin of 31.93% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Norsk Hydro ASA was 0.00% per year.


Norsk Hydro ASA  (OTCPK:NHYDY) 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

Norsk Hydro ASA had a gross margin of 31.93% 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.


Norsk Hydro ASA Gross Margin % Related Terms


Norsk Hydro ASA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Norsk Hydro ASA'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.

Norsk Hydro ASA Gross Margin % Chart

Norsk Hydro ASA 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 40.63 37.78 36.20 36.48 35.99

Norsk Hydro ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 35.16 31.89 29.78 26.39 31.93

NHYDY vs AA, CENX, CSTM: Gross Margin % Comparison

For the Aluminum subindustry, Norsk Hydro ASA'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.


Norsk Hydro ASA Gross Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Norsk Hydro ASA's Gross Margin % falls into.


NHYDY
81GF Score
Norsk Hydro ASA NHYDY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norsk Hydro ASA Gross Margin % Calculation

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

Norsk Hydro ASA'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 )
=7406.3 / 20577.13
=(Revenue - Cost of Goods Sold) / Revenue
=(20577.13 - 13170.804) / 20577.13
=35.99 %

Norsk Hydro ASA's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1665.7 / 5216.905
=(Revenue - Cost of Goods Sold) / Revenue
=(5216.905 - 3551.239) / 5216.905
=31.93 %

* 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 31.93% mean?
Norsk Hydro ASA (NHYDY) has a Gross Margin % of 31.93% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Norsk Hydro ASA and its competitors. This is 12% below median its historical median of 36.10. Over the past decade, Norsk Hydro ASA's Gross Margin % has ranged from 30.08 to 40.63. According to the industry distribution chart, Norsk Hydro ASA ranks #329 out of 727 companies in the Metals & Mining industry, placing it in the top 45.3%.
Is Norsk Hydro ASA's Gross Margin % too high?
Norsk Hydro ASA's current Gross Margin % of 31.93% is 12% below median its 10-year median of 36.10. Over the past 10 years, this metric has ranged from a low of 30.08 to a high of 40.63. The Metals & Mining industry median Gross Margin % is 26.20. Norsk Hydro ASA's value of 31.93% is 21.9% above this industry median. Based on the distribution chart, Norsk Hydro ASA ranks #329 out of 727 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Norsk Hydro ASA has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norsk Hydro ASA's Gross Margin % compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Norsk Hydro ASA ranks #329 out of 727 companies for Gross Margin %. This puts Norsk Hydro ASA in the upper half of its industry. The industry median Gross Margin % is 26.20. Norsk Hydro ASA's value of 31.93% is 21.9% above this benchmark. Historically, Norsk Hydro ASA's own Gross Margin % has ranged from 30.08 to 40.63 over the past decade. While the company's 10-year median is 36.10 vs. the industry median of 26.20, Norsk Hydro ASA 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 a Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.20, based on 727 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. Norsk Hydro ASA's current Gross Margin % of 31.93% is 21.9% 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 Norsk Hydro ASA and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norsk Hydro ASA's current Gross Margin % is 31.93%, which is 12% below median its own 10-year median of 36.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Hydro ASA stock overvalued right now?
Based on GuruFocus' analysis, Norsk Hydro ASA (NHYDY) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.38, compared to a current price of $8.68 — trading 17.6% above its estimated fair value. The current Gross Margin % is 31.93%, which is 12% below median its 10-year median of 36.10 and 21.9% above the Metals & Mining industry median of 26.20. Norsk Hydro ASA's overall GF Score™ is 81/100 with 2 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 Norsk Hydro ASA (NHYDY), the current Gross Margin % is 31.93% 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.

Is Norsk Hydro ASA (NHYDY) Overvalued in 2026?

Based on GuruFocus' analysis, Norsk Hydro ASA stock appears to be overvalued. The current stock price of $8.68 is trading 17.6% above its estimated GF Value™ of $7.38. GuruFocus considers Norsk Hydro ASA to be Modestly Overvalued.

Key valuation signals for NHYDY:

  • Gross Margin %: 31.93% (12% below median its 10-year median of 36.10)
  • GF Value™: $7.38 vs. price of $8.68 (17.6% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 21.9% above the Metals & Mining median (#329 of 727)

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


Norsk Hydro ASA Business Description

Address Drammensveien 264, Oslo, NOR, NO-0283
Norsk Hydro ASA is an aluminium and renewable energy company. The company owns and operates businesses and holds investments in sustainable industries. Its operations span multiple market segments, including aluminum, energy, metal recycling, renewable energy, and batteries, providing expertise across these areas. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Energy, Hydro Aluminium Metal and Hydro Extrusions and Hydro Metal Markets activities. The majority of the company's revenue is derived from the Hydro Extrusions segment, which delivers products within extruded profiles, building systems and precision tubing, and operates several recycling facilities, both integrated with its extrusion plants and separate plants.
81GF Score

Get the complete analysis for NHYDY

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

$8.68
Price
$7.38
GF Value