TORXF (Torex Gold Resources) Net Income: $572 Mil (TTM As of Mar. 2026)

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TORXF Torex Gold Resources Inc TORXF
94 GF Score
Price $38.95
GF Value $35.11
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Torex Gold Resources Net Income?

Torex Gold Resources TORXF +0.75% 94 Net Income is $572 Mil as of Mar. 2026. GuruFocus rates TORXF with a GF Score™ of 94/100 and a GF Value™ of $35.11 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Torex Gold Resources's Net Income for the three months ended in Mar. 2026 was $208 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $572 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Torex Gold Resources's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $2.16.


Torex Gold Resources  (OTCPK:TORXF) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Torex Gold Resources's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Torex Gold Resources Net Income Related Terms


Torex Gold Resources Net Income Historical Data

* Premium members only.

The historical data trend for Torex Gold Resources's Net Income 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.

Torex Gold Resources Net Income Chart

Torex Gold Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.70 188.80 204.40 134.60 403.40

Torex Gold Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income 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 39.00 83.20 114.40 166.80 207.50
TORXF
94GF Score
Torex Gold Resources Inc TORXF
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Torex Gold Resources Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Torex Gold Resources's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=508+-104.6+0+0
=403

Torex Gold Resources's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=298.9+-91.4+0+2.8421709430404E-14
=208

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $572 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $572 Mil mean?
Torex Gold Resources (TORXF) has a Net Income of $572 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Torex Gold Resources and its competitors.
Is Torex Gold Resources' Net Income too high?
Torex Gold Resources' current Net Income is $572 Mil. Overall, Torex Gold Resources has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Torex Gold Resources' Net Income compare to NEM and AU?
Torex Gold Resources' Net Income of $572 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Metals & Mining company?
A good Net Income depends on the Metals & Mining industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Torex Gold Resources and its competitors. Torex Gold Resources's current Net Income is $572 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torex Gold Resources stock overvalued right now?
Based on GuruFocus' analysis, Torex Gold Resources (TORXF) is currently considered Modestly Overvalued. The stock's GF Value™ is $35.11, compared to a current price of $38.95 — trading 10.9% above its estimated fair value. The current Net Income is $572 Mil. Torex Gold Resources' overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Torex Gold Resources (TORXF), the current Net Income is $572 Mil 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 Torex Gold Resources (TORXF) Overvalued in 2026?

Based on GuruFocus' analysis, Torex Gold Resources stock appears to be overvalued. The current stock price of $38.95 is trading 10.9% above its estimated GF Value™ of $35.11. GuruFocus considers Torex Gold Resources to be Modestly Overvalued.

Key valuation signals for TORXF:

  • Net Income: $572 Mil
  • GF Value™: $35.11 vs. price of $38.95 (10.9% above fair value)
  • GF Score™: 94/100 with 2 warning signs

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


Torex Gold Resources Business Description

Address 130 King Street West, Suite 740, Exchange Tower, Toronto, ON, CAN, M5X 2A2
Torex Gold Resources Inc is a Canadian mining company engaged in the exploration, development, and production of gold, copper, and silver from its flagship Morelos Complex in Guerrero, Mexico. It also owns the Los Reyes gold-silver project in Sinaloa, Mexico, and has acquired a portfolio of early-stage exploration properties, including the Batopilas and Guigui projects in Chihuahua, Mexico, and the Gryphon and Medicine Springs projects in Nevada, USA. The majority of the company's revenue is generated from the sale of gold, followed by silver and copper.
94GF Score

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

$38.95
Price
$35.11
GF Value