GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortuna Silver Mines Inc (NYSE:FSM) » Definitions » Net Margin %

Fortuna Silver Mines (Fortuna Silver Mines) Net Margin % : -34.79% (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Fortuna Silver Mines Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Fortuna Silver Mines's Net Income for the three months ended in Dec. 2023 was $-92.3 Mil. Fortuna Silver Mines's Revenue for the three months ended in Dec. 2023 was $265.3 Mil. Therefore, Fortuna Silver Mines's net margin for the quarter that ended in Dec. 2023 was -34.79%.

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

FSM' s Net Margin % Range Over the Past 10 Years
Min: -18.8   Med: 8.73   Max: 24.73
Current: -5.96


FSM's Net Margin % is ranked worse than
57.03% of 861 companies
in the Metals & Mining industry
Industry Median: 0.28 vs FSM: -5.96

Fortuna Silver Mines Net Margin % Historical Data

The historical data trend for Fortuna Silver Mines'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.

Fortuna Silver Mines Net Margin % Chart

Fortuna Silver Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.25 7.73 9.65 -18.80 -6.03

Fortuna Silver Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 -92.74 6.19 1.98 11.30 -34.79

Competitive Comparison of Fortuna Silver Mines's Net Margin %

For the Gold subindustry, Fortuna Silver Mines'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.


Fortuna Silver Mines's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Fortuna Silver Mines's Net Margin % falls into.



Fortuna Silver Mines 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.

Fortuna Silver Mines's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-50.836/842.428
=-6.03 %

Fortuna Silver Mines'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 )
=-92.316/265.314
=-34.79 %

* 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.


Fortuna Silver Mines  (NYSE:FSM) 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.


Fortuna Silver Mines Net Margin % Related Terms

Thank you for viewing the detailed overview of Fortuna Silver Mines's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortuna Silver Mines (Fortuna Silver Mines) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6
Fortuna Silver Mines Inc is engaged in precious and base metal mining and related activities in Argentina, Burkina Faso, Mexico, Peru, and Cote d'Ivoire. The company operates the open pit Lindero gold mine in northern Argentina, the underground Yaramoko mine in southwestern Burkina Faso, the underground San Jose silver and gold mine in southern Mexico, the underground Caylloma silver, lead, and zinc mine in southern Peru, and is developing the open pit Seguela gold mine in southwestern Cote d'Ivoire. The company earns revenue from contracts with customers related to its concentrate and dore sales.