Deterra Royalties (ASX:DRR) Net Margin % : 66.16% (As of Dec. 2023)

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What is Deterra Royalties Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Deterra Royalties's Net Income for the six months ended in Dec. 2023 was A$78.7 Mil. Deterra Royalties's Revenue for the six months ended in Dec. 2023 was A$119.0 Mil. Therefore, Deterra Royalties's net margin for the quarter that ended in Dec. 2023 was 66.16%.

The historical rank and industry rank for Deterra Royalties's Net Margin % or its related term are showing as below:

ASX:DRR' s Net Margin % Range Over the Past 10 Years
Min: 64.91 Med: 66.5 Max: 67.3
Current: 66.63

ASX:DRR's Net Margin % is ranked better than
97.56% of 860 companies
in the Metals & Mining industry
Industry Median: -0.02 vs ASX:DRR: 66.63

Deterra Royalties Net Margin % Historical Data

The historical data trend for Deterra Royalties'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.

* Premium members only.

Deterra Royalties Net Margin % Chart

Deterra Royalties Annual Data

Trend

Jun21

Jun22

Jun23

Net Margin %

64.91

67.30

66.50

Deterra Royalties Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			66.45	67.76	65.74	67.05	66.16

Competitive Comparison of Deterra Royalties's Net Margin %

For the Other Industrial Metals & Mining subindustry, Deterra Royalties'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.

Deterra Royalties's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Deterra Royalties's Net Margin % falls into.

Deterra Royalties Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Deterra Royalties's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	152.458	/	229.264
	=	66.50 %

Deterra Royalties's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	78.721	/	118.984
	=	66.16 %

Deterra Royalties (ASX:DRR) 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.

Deterra Royalties Net Margin % Related Terms

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Deterra Royalties (ASX:DRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Deterra Royalties Ltd (ASX:DRR) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

DETRF:USA

Address

140 St Georges Terrace, Level 16, Perth, WA, AUS, 6000

Website

https://www.iluka.com

Deterra Royalties was spun out from Iluka Resources in October 2020 with Iluka retaining a 20% interest. Its only material income generating asset is a royalty covering iron ore produced by BHP from the Mining Area C royalty area, located in the Pilbara region of Western Australia. The royalty area includes the North Flank mine, producing approximately 60 million metric tons of iron ore a year, and the South Flank mine, expected to add a further 85 million metric tons a year by 2024 after producing first ore in 2021. The MAC royalty area also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop in the longer term as part of its plan to operate the MAC production hub for at least 50 years. Deterra's strategy is to grow into a diversified royalty company.