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Lundin Mining (OSTO:LUMI SDB R) Gross Margin % : 32.05% (As of Mar. 2025)


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What is Lundin Mining Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lundin Mining's Gross Profit for the three months ended in Mar. 2025 was kr3,130 Mil. Lundin Mining's Revenue for the three months ended in Mar. 2025 was kr9,767 Mil. Therefore, Lundin Mining's Gross Margin % for the quarter that ended in Mar. 2025 was 32.05%.


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

OSTO:LUMI SDB R' s Gross Margin % Range Over the Past 10 Years
Min: 10.85   Med: 24.74   Max: 41.15
Current: 31.04


During the past 13 years, the highest Gross Margin % of Lundin Mining was 41.15%. The lowest was 10.85%. And the median was 24.74%.

OSTO:LUMI SDB R's Gross Margin % is ranked better than
55.57% of 691 companies
in the Metals & Mining industry
Industry Median: 23.13 vs OSTO:LUMI SDB R: 31.04

Lundin Mining had a gross margin of 32.05% for the quarter that ended in Mar. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Lundin Mining was 0.10% per year.


Lundin Mining Gross Margin % Historical Data

The historical data trend for Lundin Mining'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.

* Premium members only.

Lundin Mining Gross Margin % Chart

Lundin Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.40 41.15 25.07 21.93 27.55

Lundin Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 24.31 25.79 27.20 56.59 32.05

Competitive Comparison of Lundin Mining's Gross Margin %

For the Copper subindustry, Lundin Mining'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.


Lundin Mining's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lundin Mining's Gross Margin % falls into.


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Lundin Mining Gross Margin % Calculation

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

Lundin Mining's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=10357.3 / 37597.305
=(Revenue - Cost of Goods Sold) / Revenue
=(37597.305 - 27239.999) / 37597.305
=27.55 %

Lundin Mining's Gross Margin for the quarter that ended in Mar. 2025 is calculated as


Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=3130.4 / 9766.742
=(Revenue - Cost of Goods Sold) / Revenue
=(9766.742 - 6636.376) / 9766.742
=32.05 %

* 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.


Lundin Mining  (OSTO:LUMI SDB R) 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

Lundin Mining had a gross margin of 32.05% for the quarter that ended in Mar. 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.


Lundin Mining Gross Margin % Related Terms

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Lundin Mining Business Description

Address
1055 Dunsmuir Street, Suite 2800, Vancouver, BC, CAN, V7X 1L2
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, Zinkgruvanand, Caserones, Neves-Corvo. The majority of the revenue is from Copper.

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