SprottSII -6.07%88 Gross Margin % is 33.35% as of Mar. 2026, which is 33% below its 10-year median of 50.14. GuruFocus rates SII with a GF Score™ of 88/100 and a GF Value™ of $110.36 (Fairly Valued). The stock has 2 warning signs investors should review. Among 554 Asset Management companies, Sprott ranks worse than 70.58% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Sprott's Gross Profit for the
three
months ended in Mar. 2026 was $47.3 Mil. Sprott's Revenue for the
three
months ended in Mar. 2026 was $141.9 Mil. Therefore, Sprott's Gross Margin % for the quarter that ended in Mar. 2026 was 33.35%.
Warning Sign:
Sprott Inc gross margin has been in long-term decline. The average rate of decline per year is -3.6%.
The historical rank and industry rank for Sprott's Gross Margin % or its related term are showing as below:
SII'
s Gross Margin % Range Over the Past 10 Years
Min: 34.74 Med: 50.14 Max: 63.23
Current: 34.74
During the past 13 years, the highestGross Margin % of Sprott was 63.23%. The lowest was 34.74%. And the median was 50.14%.
SII's Gross Margin % is ranked worse than 70.58% of 554
companies
in the Asset Management industry
Industry Median: 58.335
vs SII: 34.74
Sprott had a gross margin of 33.35% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Sprott was -3.60% per year.
Sprott (NYSE:SII) 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
Sprott had a gross margin of 33.35% 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.
Sprott Gross Margin % Related Terms
Sprott Gross Margin % Historical Data
* Premium members only.
The historical data trend for Sprott'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.
For the Asset Management subindustry, Sprott'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.
Sprott Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sprott's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Sprott's Gross Margin % falls into.
* 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.
Sprott (SII) has a Gross Margin % of 33.35% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sprott and its competitors. This is 33% below median its historical median of 50.14. Over the past decade, Sprott's Gross Margin % has ranged from 34.74 to 63.23. According to the industry distribution chart, Sprott ranks #391 out of 554 companies in the Asset Management industry, placing it in the top 70.6%.
Is Sprott's Gross Margin % too high?
Sprott's current Gross Margin % of 33.35% is 33% below median its 10-year median of 50.14. Over the past 10 years, this metric has ranged from a low of 34.74 to a high of 63.23. The Asset Management industry median Gross Margin % is 58.34. Sprott's value of 33.35% is 42.8% below this industry median. Based on the distribution chart, Sprott ranks #391 out of 554 companies in the Asset Management industry, which is below the industry midpoint. Overall, Sprott has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sprott's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Sprott ranks #391 out of 554 companies for Gross Margin %. This places Sprott in the lower half of its industry. The industry median Gross Margin % is 58.34. Sprott's value of 33.35% is 42.8% below this benchmark. Historically, Sprott's own Gross Margin % has ranged from 34.74 to 63.23 over the past decade. While the company's 10-year median is 50.14 vs. the industry median of 58.34, Sprott 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 Asset Management company?
The median Gross Margin % among Asset Management companies is 58.34, based on 554 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. Sprott's current Gross Margin % of 33.35% is 42.8% 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 Sprott and its competitors. For the Asset Management industry, the median Gross Margin % is 58.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sprott's current Gross Margin % is 33.35%, which is 33% below median its own 10-year median of 50.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sprott stock overvalued right now?
Based on GuruFocus' analysis, Sprott (SII) is currently considered Fairly Valued. The stock's GF Value™ is $110.36, compared to a current price of $106.64 — trading 3.4% below its estimated fair value. The current Gross Margin % is 33.35%, which is 33% below median its 10-year median of 50.14 and 42.8% below the Asset Management industry median of 58.34. Sprott's overall GF Score™ is 88/100 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 Sprott (SII), the current Gross Margin % is 33.35% 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 Sprott (SII) Overvalued in 2026?
Based on GuruFocus' analysis, Sprott stock appears to be undervalued.
The current stock price of $106.64 is trading 3.4% below its estimated GF Value™ of $110.36.
GuruFocus considers Sprott to be Fairly Valued.
Key valuation signals for SII:
Gross Margin %: 33.35% (33% below median its 10-year median of 50.14)
GF Value™: $110.36 vs. price of $106.64 (3.4% below fair value)
Industry Position: 42.8% below the Asset Management median (#391 of 554)
No single metric tells the full story. See the SII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sprott Inc is an alternative asset manager. The company has four reportable segments: Exchange Listed Products, which derives key revenue, and includes management services to the company's closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the company's branded funds, fixed-term LPs and managed accounts; Private strategies which provide lending and streaming activities through limited partnership vehicles; and the Corporate segment which provides capital, balance sheet management and enterprise shared services to the company's subsidiaries. Geographically, it derives key revenue from Canada, followed by the United States.
88GF Score
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