Net margin is calculated as Net Income divided by its Revenue. Iluka Resources's Net Income for the
six
months ended in Dec. 2025 was $-252.8 Mil. Iluka Resources's Revenue for the
six
months ended in Dec. 2025 was $290.8 Mil. Therefore, Iluka Resources's net margin for the quarter that ended in Dec. 2025 was -86.93%.
The historical rank and industry rank for Iluka Resources's Net Margin % or its related term are showing as below:
ILKAY'
s Net Margin % Range Over the Past 10 Years
Min: -30.84 Med: 21.62 Max: 243.63
Current: -28.4
ILKAY's Net Margin % is ranked worse than 72.72% of 843
companies
in the Metals & Mining industry
Industry Median: 3.41
vs ILKAY: -28.40
Iluka Resources (OTCPK:ILKAY) Net Margin % Explanation
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.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Iluka Resources Net Margin % Related Terms
Iluka Resources Net Margin % Historical Data
* Premium members only.
The historical data trend for Iluka Resources's Net 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.
Iluka Resources Net Margin % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Iluka Resources's Net Margin %, along with its competitors' market caps and Net 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.
Iluka Resources Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Iluka Resources's Net Margin % distribution charts can be found below:
* The bar in red indicates where Iluka Resources's Net 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.
Iluka Resources (ILKAY) has a Net Margin % of -86.93% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Iluka Resources and its competitors. According to the industry distribution chart, Iluka Resources ranks #613 out of 843 companies in the Metals & Mining industry, placing it in the top 72.7%.
Is Iluka Resources' Net Margin % too high?
Iluka Resources' current Net Margin % is -86.93%. Based on the distribution chart, Iluka Resources ranks #613 out of 843 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Iluka Resources has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iluka Resources' Net Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Iluka Resources ranks #613 out of 843 companies for Net Margin %. This places Iluka Resources in the lower half of its industry. The industry median Net Margin % is 3.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Metals & Mining company?
The median Net Margin % among Metals & Mining companies is 3.41, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Iluka Resources and its competitors. For the Metals & Mining industry, the median Net Margin % is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iluka Resources's current Net Margin % is -86.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iluka Resources stock overvalued right now?
Based on GuruFocus' analysis, Iluka Resources (ILKAY) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.91, compared to a current price of $26.68 — trading 67.7% above its estimated fair value. The current Net Margin % is -86.93%. Iluka Resources' overall GF Score™ is 71/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Iluka Resources (ILKAY), the current Net Margin % is -86.93% as of Dec. 2025. 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 Iluka Resources (ILKAY) Overvalued in 2026?
Based on GuruFocus' analysis, Iluka Resources stock appears to be overvalued.
The current stock price of $26.68 is trading 67.7% above its estimated GF Value™ of $15.91.
GuruFocus considers Iluka Resources to be Significantly Overvalued.
Key valuation signals for ILKAY:
Net Margin %: -86.93%
GF Value™: $15.91 vs. price of $26.68 (67.7% above fair value)
No single metric tells the full story. See the ILKAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iluka Resources is a leading global mineral sands miner. It is the largest global producer of zircon, and one of the largest producers of titanium dioxide feedstocks (rutile, synthetic rutile). Low zircon costs are underpinned by the high-grade Jacinth-Ambrosia mine in South Australia, but reserve life is less than 10 years. A 20% shareholding in Deterra Royalties brings exposure to the high-quality Mining Area C iron ore royalty. Production from the Balranald rutile and zircon mine commenced in late 2025, and Iluka is also building a rare-earth refinery at Eneabba. The refinery will be able to process Iluka's existing monazite stockpile as well as feed from third parties, Balranald, and future Iluka projects.
71GF Score
Get the complete analysis for ILKAY
Net 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
ILKAY has been successfully added to your 
