Triple Flag Precious Metals (TSX:TFPM.U) Gross Margin %: 72.03% (As of Mar. 2026) — 37% Above Median


TSX:TFPM.U Triple Flag Precious Metals Corp TSX:TFPM.U
95 GF Score
Price $12.56
GF Value $15.08
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What is Triple Flag Precious Metals Gross Margin %?

Triple Flag Precious Metals TSX:TFPM.U 95 Gross Margin % is 72.03% as of Mar. 2026, which is 37% above its 10-year median of 52.69. GuruFocus rates TSX:TFPM.U with a GF Score™ of 95/100 and a GF Value™ of $15.08. Among 730 Metals & Mining companies, Triple Flag Precious Metals ranks better than 90.14% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Triple Flag Precious Metals's Gross Profit for the three months ended in Mar. 2026 was $105.9 Mil. Triple Flag Precious Metals's Revenue for the three months ended in Mar. 2026 was $147.0 Mil. Therefore, Triple Flag Precious Metals's Gross Margin % for the quarter that ended in Mar. 2026 was 72.03%.


The historical rank and industry rank for Triple Flag Precious Metals's Gross Margin % or its related term are showing as below:

TSX:TFPM.U' s Gross Margin % Range Over the Past 10 Years
Min: 2.87   Med: 52.69   Max: 70.32
Current: 70.32


During the past 8 years, the highest Gross Margin % of Triple Flag Precious Metals was 70.32%. The lowest was 2.87%. And the median was 52.69%.

TSX:TFPM.U's Gross Margin % is ranked better than
90.14% of 730 companies
in the Metals & Mining industry
Industry Median: 26.175 vs TSX:TFPM.U: 70.32

Triple Flag Precious Metals had a gross margin of 72.03% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Triple Flag Precious Metals was 6.10% per year.


Triple Flag Precious Metals  (TSX:TFPM.U) 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

Triple Flag Precious Metals had a gross margin of 72.03% 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.


Triple Flag Precious Metals Gross Margin % Related Terms


Triple Flag Precious Metals Gross Margin % Historical Data

* Premium members only.

The historical data trend for Triple Flag Precious Metals'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.

Triple Flag Precious Metals Gross Margin % Chart

Triple Flag Precious Metals Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 55.35 57.28 50.03 57.70 67.64

Triple Flag Precious Metals 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 60.71 66.25 68.54 72.82 72.03

TSX:TFPM.U vs HL: Gross Margin % Comparison

For the Other Precious Metals & Mining subindustry, Triple Flag Precious Metals'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.


Triple Flag Precious Metals Gross Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Triple Flag Precious Metals's Gross Margin % falls into.


TSX:TFPM.U
95GF Score
Triple Flag Precious Metals Corp TSX:TFPM.U
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Triple Flag Precious Metals Gross Margin % Calculation

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

Triple Flag Precious Metals'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 )
=262.9 / 388.704
=(Revenue - Cost of Goods Sold) / Revenue
=(388.704 - 125.786) / 388.704
=67.64 %

Triple Flag Precious Metals'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 )
=105.9 / 146.993
=(Revenue - Cost of Goods Sold) / Revenue
=(146.993 - 41.107) / 146.993
=72.03 %

* 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 72.03% mean?
Triple Flag Precious Metals (TSX:TFPM.U) has a Gross Margin % of 72.03% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Triple Flag Precious Metals and its competitors. This is 37% above median its historical median of 52.69. Over the past decade, Triple Flag Precious Metals' Gross Margin % has ranged from 2.87 to 70.32. According to the industry distribution chart, Triple Flag Precious Metals ranks #72 out of 730 companies in the Metals & Mining industry, placing it in the top 9.9%.
Is Triple Flag Precious Metals' Gross Margin % too high?
Triple Flag Precious Metals' current Gross Margin % of 72.03% is 37% above median its 10-year median of 52.69. Over the past 10 years, this metric has ranged from a low of 2.87 to a high of 70.32. The Metals & Mining industry median Gross Margin % is 26.18. Triple Flag Precious Metals' value of 72.03% is 175.2% above this industry median. Based on the distribution chart, Triple Flag Precious Metals ranks #72 out of 730 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Triple Flag Precious Metals has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Triple Flag Precious Metals' Gross Margin % compare to HL?
According to the Metals & Mining industry distribution chart, Triple Flag Precious Metals ranks #72 out of 730 companies for Gross Margin %. This places Triple Flag Precious Metals in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.18. Triple Flag Precious Metals' value of 72.03% is 175.2% above this benchmark. Historically, Triple Flag Precious Metals' own Gross Margin % has ranged from 2.87 to 70.32 over the past decade. While the company's 10-year median is 52.69 vs. the industry median of 26.18, Triple Flag Precious Metals 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 26.18, based on 730 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. Triple Flag Precious Metals's current Gross Margin % of 72.03% is 175.2% 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 Triple Flag Precious Metals and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triple Flag Precious Metals's current Gross Margin % is 72.03%, which is 37% above median its own 10-year median of 52.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triple Flag Precious Metals stock overvalued right now?
Triple Flag Precious Metals (TSX:TFPM.U) has a current Gross Margin % of 72.03%. The stock's GF Value™ is $15.08, compared to a current price of $12.56 — trading 16.7% below its estimated fair value. The current Gross Margin % is 72.03%, which is 37% above median its 10-year median of 52.69 and 175.2% above the Metals & Mining industry median of 26.18. Triple Flag Precious Metals' overall GF Score™ is 95/100. 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 Triple Flag Precious Metals (TSX:TFPM.U), the current Gross Margin % is 72.03% 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 Triple Flag Precious Metals (TSX:TFPM.U) Overvalued in 2026?

Based on GuruFocus' analysis, Triple Flag Precious Metals stock appears to be undervalued. The current stock price of $12.56 is trading 16.7% below its estimated GF Value™ of $15.08.

Key valuation signals for TSX:TFPM.U:

  • Gross Margin %: 72.03% (37% above median its 10-year median of 52.69)
  • GF Value™: $15.08 vs. price of $12.56 (16.7% below fair value)
  • GF Score™: 95/100
  • Industry Position: 175.2% above the Metals & Mining median (#72 of 730)

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


Triple Flag Precious Metals Business Description

Address 161 Bay Street, Suite 4535, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Triple Flag Precious Metals Corp is a streaming and royalty company focused on precious metals. Its revenues are largely generated from a diversified portfolio of properties in Australia, Canada, Colombia, Cote d'Ivoire, Mexico, Mongolia, Peru, South Africa, and the United States. Its diversified portfolio of streams and royalties comprises long-life mining assets, including the Northparkes copper-gold mine in Australia, the Cerro Lindo polymetallic mine in Peru, the Fosterville gold mine in Australia, the Buritica gold mine in Colombia, and the Impala Bafokeng Operations in South Africa among others. A majority of its revenue is derived through its interests in various gold streams. Geographically, the company derives maximum revenue from Australia, followed by Peru and other regions.
95GF Score

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

$12.56
Price
$15.08
GF Value