Barrick MiningXSWX:ABX 90 Gross Margin % is 59.77% as of Mar. 2026, which is 63% above its 10-year median of 36.78. GuruFocus rates XSWX:ABX with a GF Score™ of 90/100 and a GF Value™ of CHF18.18. The stock has 1 warning sign investors should review. Among 730 Metals & Mining companies, Barrick Mining ranks better than 79.59% 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
Barrick Mining had a gross margin of 59.77% 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.
Barrick Mining Gross Margin % Related Terms
Barrick Mining Gross Margin % Historical Data
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The historical data trend for Barrick 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.
XSWX:ABX vs NEM, AU, CDE: Gross Margin % Comparison
For the Gold subindustry, Barrick 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.
Barrick Mining Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Barrick Mining's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Barrick Mining'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.
Barrick Mining (XSWX:ABX) has a Gross Margin % of 59.77% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Barrick Mining and its competitors. This is 63% above median its historical median of 36.78. Over the past decade, Barrick Mining's Gross Margin % has ranged from 27.93 to 54.96. According to the industry distribution chart, Barrick Mining ranks #149 out of 730 companies in the Metals & Mining industry, placing it in the top 20.4%.
Is Barrick Mining's Gross Margin % too high?
Barrick Mining's current Gross Margin % of 59.77% is 63% above median its 10-year median of 36.78. Over the past 10 years, this metric has ranged from a low of 27.93 to a high of 54.96. The Metals & Mining industry median Gross Margin % is 26.05. Barrick Mining's value of 59.77% is 129.5% above this industry median. Based on the distribution chart, Barrick Mining ranks #149 out of 730 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Barrick Mining has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Barrick Mining's Gross Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Barrick Mining ranks #149 out of 730 companies for Gross Margin %. This places Barrick Mining in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.05. Barrick Mining's value of 59.77% is 129.5% above this benchmark. Historically, Barrick Mining's own Gross Margin % has ranged from 27.93 to 54.96 over the past decade. While the company's 10-year median is 36.78 vs. the industry median of 26.05, Barrick Mining 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 26.05, 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. Barrick Mining's current Gross Margin % of 59.77% is 129.5% 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 Barrick Mining and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrick Mining's current Gross Margin % is 59.77%, which is 63% above median its own 10-year median of 36.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrick Mining stock overvalued right now?
Barrick Mining (XSWX:ABX) has a current Gross Margin % of 59.77%. The stock's GF Value™ is CHF18.18, compared to a current price of CHF21.00 — trading 15.5% above its estimated fair value. The current Gross Margin % is 59.77%, which is 63% above median its 10-year median of 36.78 and 129.5% above the Metals & Mining industry median of 26.05. Barrick Mining's overall GF Score™ is 90/100 with 1 warning sign 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 Barrick Mining (XSWX:ABX), the current Gross Margin % is 59.77% 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 Barrick Mining (XSWX:ABX) Overvalued in 2026?
Based on GuruFocus' analysis, Barrick Mining stock appears to be overvalued.
The current stock price of CHF21.00 is trading 15.5% above its estimated GF Value™ of CHF18.18.
Key valuation signals for XSWX:ABX:
Gross Margin %: 59.77% (63% above median its 10-year median of 36.78)
GF Value™: CHF18.18 vs. price of CHF21.00 (15.5% above fair value)
Industry Position: 129.5% above the Metals & Mining median (#149 of 730)
No single metric tells the full story. See the XSWX:ABX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Based in Toronto, Barrick is one of the world's largest gold miners. In 2025, the firm sold about 3.3 million attributable ounces of gold and about 220,000 metric tons of copper. At end-2025, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure, driven by the expansion of its Lumwana mine in Zambia and the development of its Reko Diq copper and gold project in Pakistan. It intends to undertake an IPO of its joint venture stakes in Nevada Gold Mines and Pueblo Viejo along with its Fourmile deposit later in 2026.
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