Maverix Metals (Maverix Metals) Gross Margin % : 40.86% (As of Sep. 2022)

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What is Maverix Metals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Maverix Metals's Gross Profit for the three months ended in Sep. 2022 was $6.66 Mil. Maverix Metals's Revenue for the three months ended in Sep. 2022 was $16.31 Mil. Therefore, Maverix Metals's Gross Margin % for the quarter that ended in Sep. 2022 was 40.86%.

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

MMX' s Gross Margin % Range Over the Past 10 Years
Min: 30.55 Med: 47.64 Max: 55.46
Current: 41.94

During the past 13 years, the highest Gross Margin % of Maverix Metals was 55.46%. The lowest was 30.55%. And the median was 47.64%.

MMX's Gross Margin % is not ranked
in the Metals & Mining industry.
Industry Median: 19.085 vs MMX: 41.94

Maverix Metals had a gross margin of 40.86% for the quarter that ended in Sep. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Maverix Metals was 10.80% per year.

Maverix Metals Gross Margin % Historical Data

The historical data trend for Maverix 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.

* Premium members only.

Maverix Metals Gross Margin % Chart

Maverix Metals Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Gross Margin %

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46.02

38.79

49.25

55.46

53.53

Maverix Metals Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Gross Margin %	Get a 7-Day Free Trial															53.22	41.13	44.98	41.07	40.86

Competitive Comparison of Maverix Metals's Gross Margin %

For the Other Precious Metals & Mining subindustry, Maverix 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.

Maverix Metals's Gross Margin % Distribution in the Metals & Mining Industry

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

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

Maverix Metals Gross Margin % Calculation

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

Maverix Metals's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )	=	Gross Profit (A: Dec. 2021 )	/	Revenue (A: Dec. 2021 )
	=	30.8	/	57.532
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(57.532 - 26.736)	/	57.532
	=	53.53 %

Maverix Metals's Gross Margin for the quarter that ended in Sep. 2022 is calculated as

Gross Margin % (Q: Sep. 2022 )	=	Gross Profit (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	6.7	/	16.31
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(16.31 - 9.646)	/	16.31
	=	40.86 %

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.

Maverix Metals (AMEX:MMX) 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

Maverix Metals had a gross margin of 40.86% for the quarter that ended in Sep. 2022 => 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.

Maverix Metals Gross Margin % Related Terms

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Maverix Metals (Maverix Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Maverix Metals Inc (AMEX:MMX) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

510 Burrard Street, Suite 575, Vancouver, BC, CAN, V6C3A8

Website

https://www.maverixmetals.com

Maverix Metals Inc is a precious metals royalty and streaming company. It offers a mining-related investment that provides exposure to metal price appreciation, and exploration and expansion potential, but without the risks associated with ongoing capital costs, operating costs, and environmental liabilities. The company holds interests in various properties such as La Colorada, San Jose, Mt. Carlton, Vivien, Beta Hunt, Silvertrip, Florida Canyon, Moose River, Shalipayco, Romero, Omolon, and others. The firm's business presence can be across the region of the Americas and Australia, as well as Mexico and Canada.