Versamet RoyaltiesTSX:VMET +0.86%16 Gross Margin % is 58.55% as of Mar. 2026, which is 118% above its 10-year median of 26.82. GuruFocus rates TSX:VMET with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 729 Metals & Mining companies, Versamet Royalties ranks better than 73.25% on this metric.
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
Versamet Royalties had a gross margin of 58.55% 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.
Versamet Royalties Gross Margin % Related Terms
Versamet Royalties Gross Margin % Historical Data
* Premium members only.
The historical data trend for Versamet Royalties'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 Other Precious Metals & Mining subindustry, Versamet Royalties'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.
Versamet Royalties Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Versamet Royalties's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Versamet Royalties'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.
Versamet Royalties (TSX:VMET) has a Gross Margin % of 58.55% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Versamet Royalties and its competitors. This is 118% above median its historical median of 26.82. Over the past decade, Versamet Royalties' Gross Margin % has ranged from 9.92 to 49.37. According to the industry distribution chart, Versamet Royalties ranks #195 out of 729 companies in the Metals & Mining industry, placing it in the top 26.7%.
Is Versamet Royalties' Gross Margin % too high?
Versamet Royalties' current Gross Margin % of 58.55% is 118% above median its 10-year median of 26.82. Over the past 10 years, this metric has ranged from a low of 9.92 to a high of 49.37. The Metals & Mining industry median Gross Margin % is 26.20. Versamet Royalties' value of 58.55% is 123.5% above this industry median. Based on the distribution chart, Versamet Royalties ranks #195 out of 729 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Versamet Royalties has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Versamet Royalties' Gross Margin % compare to HL?
According to the Metals & Mining industry distribution chart, Versamet Royalties ranks #195 out of 729 companies for Gross Margin %. This puts Versamet Royalties in the upper half of its industry. The industry median Gross Margin % is 26.20. Versamet Royalties' value of 58.55% is 123.5% above this benchmark. Historically, Versamet Royalties' own Gross Margin % has ranged from 9.92 to 49.37 over the past decade. While the company's 10-year median is 26.82 vs. the industry median of 26.20, Versamet Royalties 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 26.20, based on 729 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. Versamet Royalties's current Gross Margin % of 58.55% is 123.5% 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 Versamet Royalties and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Versamet Royalties's current Gross Margin % is 58.55%, which is 118% above median its own 10-year median of 26.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Versamet Royalties stock overvalued right now?
Versamet Royalties (TSX:VMET) has a current Gross Margin % of 58.55%. The current Gross Margin % is 58.55%, which is 118% above median its 10-year median of 26.82 and 123.5% above the Metals & Mining industry median of 26.20. Versamet Royalties' overall GF Score™ is 16/100 with 5 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 Versamet Royalties (TSX:VMET), the current Gross Margin % is 58.55% 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.
Versamet Royalties Corp is a diversified metals royalty and streaming company with exposure to a range of resource royalties and streams including gold, silver, copper, zinc, graphite and uranium, across a variety of jurisdictions. The Company's operating segments are considered to be its individual royalties, streams and the Greenstone gold interest.
16GF Score
Get the complete analysis for TSX:VMET
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:VMET has been successfully added to your 
