OKMN (Okmin Resources) Gross Margin %: -175.00% (As of Mar. 2026)

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What is Okmin Resources Gross Margin %?

Okmin Resources OKMN Gross Margin % is -175.00% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 870 Oil & Gas companies, Okmin Resources ranks worse than 99.2% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Okmin Resources's Gross Profit for the three months ended in Mar. 2026 was $-0.01 Mil. Okmin Resources's Revenue for the three months ended in Mar. 2026 was $0.00 Mil. Therefore, Okmin Resources's Gross Margin % for the quarter that ended in Mar. 2026 was -175.00%.


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

OKMN' s Gross Margin % Range Over the Past 10 Years
Min: -171.43   Med: -104.7   Max: 2.17
Current: -171.43


During the past 5 years, the highest Gross Margin % of Okmin Resources was 2.17%. The lowest was -171.43%. And the median was -104.70%.

OKMN's Gross Margin % is ranked worse than
99.2% of 870 companies
in the Oil & Gas industry
Industry Median: 25.74 vs OKMN: -171.43

Okmin Resources had a gross margin of -175.00% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

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


Okmin Resources  (OTCPK:OKMN) 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

Okmin Resources had a gross margin of -175.00% for the quarter that ended in Mar. 2026 => 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.


Okmin Resources Gross Margin % Related Terms


Okmin Resources Gross Margin % Historical Data

* Premium members only.

The historical data trend for Okmin 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.

Okmin Resources Gross Margin % Chart

Okmin Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
0.00 2.17 -128.95 -113.95 -95.45

Okmin Resources 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 -66.67 -140.00 -250.00 -166.67 -175.00

OKMN vs HGTXU, MTR, PGNYF: Gross Margin % Comparison

For the Oil & Gas E&P subindustry, Okmin 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.


Okmin Resources Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Okmin Resources's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Okmin Resources's Gross Margin % falls into.



Okmin Resources Gross Margin % Calculation

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

Okmin Resources's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=-0 / 0.022
=(Revenue - Cost of Goods Sold) / Revenue
=(0.022 - 0.043) / 0.022
=-95.45 %

Okmin Resources'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 )
=-0 / 0.004
=(Revenue - Cost of Goods Sold) / Revenue
=(0.004 - 0.011) / 0.004
=-175.00 %

* 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 -175.00% mean?
Okmin Resources (OKMN) has a Gross Margin % of -175.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Okmin Resources and its competitors. According to the industry distribution chart, Okmin Resources ranks #863 out of 870 companies in the Oil & Gas industry, placing it in the top 99.2%.
Is Okmin Resources' Gross Margin % too high?
Okmin Resources' current Gross Margin % is -175.00%. Based on the distribution chart, Okmin Resources ranks #863 out of 870 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Okmin Resources' Gross Margin % compare to HGTXU and MTR?
According to the Oil & Gas industry distribution chart, Okmin Resources ranks #863 out of 870 companies for Gross Margin %. This places Okmin Resources in the lower half of its industry. The industry median Gross Margin % is 25.74. 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 Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.74, based on 870 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. 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 Okmin Resources and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okmin Resources's current Gross Margin % is -175.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okmin Resources stock overvalued right now?
Okmin Resources (OKMN) has a current Gross Margin % of -175.00%. The current Gross Margin % is -175.00%. 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 Okmin Resources (OKMN), the current Gross Margin % is -175.00% 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.

Okmin Resources Business Description

Industry EnergyOil & Gas
Address 16501 Ventura Boulevard, Suite 400, Encino, Los Angeles, CA, USA, 91436
Okmin Resources Inc is a natural resource exploration stage company that seeks to acquire, explore, and develop natural resource assets. It engages in the business of the acquisition, exploration, and development of mineral rights and natural resource assets. The company's projects are located in Oklahoma and Kansas. Its projects comprise the Vitt Project in Kansas, the West Sheppard Pool Field in Northeast Oklahoma, and Pushmataha in Southeast Oklahoma.