Barrick MiningMEX:BN -6.49%87 Net Margin % is 30.70% as of Mar. 2026, which is 84% above its 10-year median of 16.73. GuruFocus rates MEX:BN with a GF Score™ of 87/100 and a GF Value™ of MXN555.35 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 843 Metals & Mining companies, Barrick Mining ranks better than 86.71% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Barrick Mining's Net Income for the
three
months ended in Mar. 2026 was MXN28,888 Mil. Barrick Mining's Revenue for the
three
months ended in Mar. 2026 was MXN94,095 Mil. Therefore, Barrick Mining's net margin for the quarter that ended in Mar. 2026 was 30.70%.
The historical rank and industry rank for Barrick Mining's Net Margin % or its related term are showing as below:
MEX:BN'
s Net Margin % Range Over the Past 10 Years
Min: -21.33 Med: 16.73 Max: 40.85
Current: 32.16
MEX:BN's Net Margin % is ranked better than 86.71% of 843
companies
in the Metals & Mining industry
Industry Median: 3.41
vs MEX:BN: 32.16
Barrick Mining (MEX:BN) 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.
Barrick Mining Net Margin % Related Terms
Barrick Mining Net Margin % Historical Data
* Premium members only.
The historical data trend for Barrick Mining'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.
For the Gold subindustry, Barrick Mining'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.
Barrick Mining Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Barrick Mining's Net Margin % distribution charts can be found below:
* The bar in red indicates where Barrick Mining'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.
Barrick Mining (MEX:BN) has a Net Margin % of 30.70% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Barrick Mining and its competitors. This is 84% above median its historical median of 16.73. According to the industry distribution chart, Barrick Mining ranks #112 out of 843 companies in the Metals & Mining industry, placing it in the top 13.3%.
Is Barrick Mining's Net Margin % too high?
Barrick Mining's current Net Margin % of 30.70% is 84% above median its 10-year median of 16.73. The Metals & Mining industry median Net Margin % is 3.41. Barrick Mining's value of 30.70% is 800.3% above this industry median. Based on the distribution chart, Barrick Mining ranks #112 out of 843 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 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barrick Mining's Net Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Barrick Mining ranks #112 out of 843 companies for Net Margin %. This places Barrick Mining in the top 13% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.41. Barrick Mining's value of 30.70% is 800.3% above this benchmark. While the company's 10-year median is 16.73 vs. the industry median of 3.41, 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 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. Barrick Mining's current Net Margin % of 30.70% is 800.3% 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 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 Barrick Mining 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. Barrick Mining's current Net Margin % is 30.70%, which is 84% above median its own 10-year median of 16.73. 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?
Based on GuruFocus' analysis, Barrick Mining (MEX:BN) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN555.35, compared to a current price of MXN634.00 — trading 14.2% above its estimated fair value. The current Net Margin % is 30.70%, which is 84% above median its 10-year median of 16.73 and 800.3% above the Metals & Mining industry median of 3.41. Barrick Mining's overall GF Score™ is 87/100 with 1 warning sign 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 Barrick Mining (MEX:BN), the current Net Margin % is 30.70% 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 (MEX:BN) Overvalued in 2026?
Based on GuruFocus' analysis, Barrick Mining stock appears to be overvalued.
The current stock price of MXN634.00 is trading 14.2% above its estimated GF Value™ of MXN555.35.
GuruFocus considers Barrick Mining to be Modestly Overvalued.
Key valuation signals for MEX:BN:
Net Margin %: 30.70% (84% above median its 10-year median of 16.73)
GF Value™: MXN555.35 vs. price of MXN634.00 (14.2% above fair value)
Industry Position: 800.3% above the Metals & Mining median (#112 of 843)
No single metric tells the full story. See the MEX:BN 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.
87GF Score
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