Energy Fuels (TSX:EFR) Gross Margin %: 40.08% (As of Mar. 2026) — Near Median


TSX:EFR Energy Fuels Inc TSX:EFR
82 GF Score
Price C$20.60
GF Value C$18.87
Valuation Fairly Valued
! 3 Warning Signs
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What is Energy Fuels Gross Margin %?

Energy Fuels TSX:EFR -0.53% 82 Gross Margin % is 40.08% as of Mar. 2026, which is 7% above its 10-year median of 37.33. GuruFocus rates TSX:EFR with a GF Score™ of 82/100 and a GF Value™ of C$18.87 (Fairly Valued). The stock has 3 warning signs investors should review. Among 124 Other Energy Sources companies, Energy Fuels ranks better than 76.61% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Energy Fuels's Gross Profit for the three months ended in Mar. 2026 was C$19.7 Mil. Energy Fuels's Revenue for the three months ended in Mar. 2026 was C$49.2 Mil. Therefore, Energy Fuels's Gross Margin % for the quarter that ended in Mar. 2026 was 40.08%.


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

TSX:EFR' s Gross Margin % Range Over the Past 10 Years
Min: 20.86   Med: 37.33   Max: 53.5
Current: 34.57


During the past 13 years, the highest Gross Margin % of Energy Fuels was 53.50%. The lowest was 20.86%. And the median was 37.33%.

TSX:EFR's Gross Margin % is ranked better than
76.61% of 124 companies
in the Other Energy Sources industry
Industry Median: 18.775 vs TSX:EFR: 34.57

Energy Fuels had a gross margin of 40.08% for the quarter that ended in Mar. 2026 => Durable competitive advantage

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


Energy Fuels  (TSX:EFR) 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

Energy Fuels had a gross margin of 40.08% for the quarter that ended in Mar. 2026 => Durable 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.


Energy Fuels Gross Margin % Related Terms


Energy Fuels Gross Margin % Historical Data

* Premium members only.

The historical data trend for Energy Fuels'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.

Energy Fuels Gross Margin % Chart

Energy Fuels 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 43.03 37.33 52.07 28.42 20.86

Energy Fuels 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 -7.26 13.22 27.82 35.04 40.08

TSX:EFR vs UEC, LEU: Gross Margin % Comparison

For the Uranium subindustry, Energy Fuels'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.


Energy Fuels Gross Margin % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Energy Fuels's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Energy Fuels's Gross Margin % falls into.


TSX:EFR
82GF Score
Energy Fuels Inc TSX:EFR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Energy Fuels Gross Margin % Calculation

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

Energy Fuels'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 )
=19 / 90.939
=(Revenue - Cost of Goods Sold) / Revenue
=(90.939 - 71.967) / 90.939
=20.86 %

Energy Fuels'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 )
=19.7 / 49.17
=(Revenue - Cost of Goods Sold) / Revenue
=(49.17 - 29.464) / 49.17
=40.08 %

* 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 40.08% mean?
Energy Fuels (TSX:EFR) has a Gross Margin % of 40.08% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Energy Fuels and its competitors. This is near median its historical median of 37.33. Over the past decade, Energy Fuels' Gross Margin % has ranged from 20.86 to 53.50. According to the industry distribution chart, Energy Fuels ranks #29 out of 124 companies in the Other Energy Sources industry, placing it in the top 23.4%.
Is Energy Fuels' Gross Margin % too high?
Energy Fuels' current Gross Margin % of 40.08% is near median its 10-year median of 37.33. Over the past 10 years, this metric has ranged from a low of 20.86 to a high of 53.50. The Other Energy Sources industry median Gross Margin % is 18.78. Energy Fuels' value of 40.08% is 113.5% above this industry median. Based on the distribution chart, Energy Fuels ranks #29 out of 124 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Energy Fuels has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Energy Fuels' Gross Margin % compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Energy Fuels ranks #29 out of 124 companies for Gross Margin %. This places Energy Fuels in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 18.78. Energy Fuels' value of 40.08% is 113.5% above this benchmark. Historically, Energy Fuels' own Gross Margin % has ranged from 20.86 to 53.50 over the past decade. While the company's 10-year median is 37.33 vs. the industry median of 18.78, Energy Fuels 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 Other Energy Sources company?
The median Gross Margin % among Other Energy Sources companies is 18.78, based on 124 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. Energy Fuels's current Gross Margin % of 40.08% is 113.5% 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 Energy Fuels and its competitors. For the Other Energy Sources industry, the median Gross Margin % is 18.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Fuels's current Gross Margin % is 40.08%, which is near median its own 10-year median of 37.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Fuels stock overvalued right now?
Based on GuruFocus' analysis, Energy Fuels (TSX:EFR) is currently considered Fairly Valued. The stock's GF Value™ is C$18.87, compared to a current price of C$20.60 — trading 9.2% above its estimated fair value. The current Gross Margin % is 40.08%, which is near median its 10-year median of 37.33 and 113.5% above the Other Energy Sources industry median of 18.78. Energy Fuels' overall GF Score™ is 82/100 with 3 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 Energy Fuels (TSX:EFR), the current Gross Margin % is 40.08% 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 Energy Fuels (TSX:EFR) Overvalued in 2026?

Based on GuruFocus' analysis, Energy Fuels stock appears to be overvalued. The current stock price of C$20.60 is trading 9.2% above its estimated GF Value™ of C$18.87. GuruFocus considers Energy Fuels to be Fairly Valued.

Key valuation signals for TSX:EFR:

  • Gross Margin %: 40.08% (near median its 10-year median of 37.33)
  • GF Value™: C$18.87 vs. price of C$20.60 (9.2% above fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 113.5% above the Other Energy Sources median (#29 of 124)

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


Energy Fuels Business Description

Address 225 Union Boulevard, Suite 600, Lakewood, CO, USA, 80228
Energy Fuels Inc is a critical mineral company based in the U.S. It produces several critical minerals, including uranium, vanadium, REEs (including NdPr, Dy and Tb) and HMS (including titanium and zirconium minerals). The company's project portfolio comprises uranium properties like Pinyon Plain Project, White Mesa Mill, Roca Honda Project, etc.; Heavy Minerals Sands project like Vara Mada Project, Donald Project, Bahia Project, etc.; the Nichols Ranch Project, and several other properties. The firm's reportable segments are: Uranium, REE, and HMS. Key revenue is generated from the Uranium segment, which is involved in conventional and ISR uranium extraction, recovery and sales of uranium from mineral properties, and the recycling of uranium-bearing materials generated by third parties.
82GF Score

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

C$20.60
Price
C$18.87
GF Value