Bellevue Gold (ASX:BGL) Operating Margin %: 13.26% (As of Dec. 2025) — 38% Below Median


ASX:BGL Bellevue Gold Ltd ASX:BGL
37 GF Score
Price A$1.33
! 3 Warning Signs
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What is Bellevue Gold Operating Margin %?

Bellevue Gold ASX:BGL -6.03% 37 Operating Margin % is 13.26% as of Dec. 2025, which is 38% below its 10-year median of 21.25. GuruFocus rates ASX:BGL with a GF Score™ of 37/100. The stock has 3 warning signs investors should review. Among 841 Metals & Mining companies, Bellevue Gold ranks better than 64.09% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bellevue Gold's Operating Income for the six months ended in Dec. 2025 was A$35.6 Mil. Bellevue Gold's Revenue for the six months ended in Dec. 2025 was A$268.7 Mil. Therefore, Bellevue Gold's Operating Margin % for the quarter that ended in Dec. 2025 was 13.26%.

The historical rank and industry rank for Bellevue Gold's Operating Margin % or its related term are showing as below:

ASX:BGL' s Operating Margin % Range Over the Past 10 Years
Min: 13.58   Med: 21.25   Max: 26.72
Current: 13.58


ASX:BGL's Operating Margin % is ranked better than
64.09% of 841 companies
in the Metals & Mining industry
Industry Median: 5.72 vs ASX:BGL: 13.58

Bellevue Gold's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Bellevue Gold's Operating Income for the six months ended in Dec. 2025 was A$35.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$75.0 Mil.

Warning Sign:

Bellevue Gold Ltd has recorded a loss in operating income at least once over the past 3 years.


Bellevue Gold  (ASX:BGL) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Bellevue Gold Operating Margin % Related Terms


Bellevue Gold Operating Margin % Historical Data

* Premium members only.

The historical data trend for Bellevue Gold's Operating 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.

Bellevue Gold Operating Margin % Chart

Bellevue Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 26.72 15.77

Bellevue Gold Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating 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 6.86 30.63 18.16 13.89 13.26

ASX:BGL vs NEM, AU: Operating Margin % Comparison

For the Gold subindustry, Bellevue Gold's Operating Margin %, along with its competitors' market caps and Operating 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.


Bellevue Gold Operating Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Bellevue Gold's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Bellevue Gold's Operating Margin % falls into.


ASX:BGL
37GF Score
Bellevue Gold Ltd ASX:BGL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bellevue Gold Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Bellevue Gold's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as

Operating Margin %=Operating Income (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=79.751 / 505.837
=15.77 %

Bellevue Gold's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=35.636 / 268.732
=13.26 %

* 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 Operating Margin % →
What does a Operating Margin % of 13.26% mean?
Bellevue Gold (ASX:BGL) has a Operating Margin % of 13.26% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Bellevue Gold and its competitors. This is 38% below median its historical median of 21.25. Over the past decade, Bellevue Gold's Operating Margin % has ranged from 13.58 to 26.72. According to the industry distribution chart, Bellevue Gold ranks #302 out of 841 companies in the Metals & Mining industry, placing it in the top 35.9%.
Is Bellevue Gold's Operating Margin % too high?
Bellevue Gold's current Operating Margin % of 13.26% is 38% below median its 10-year median of 21.25. Over the past 10 years, this metric has ranged from a low of 13.58 to a high of 26.72. The Metals & Mining industry median Operating Margin % is 5.72. Bellevue Gold's value of 13.26% is 131.8% above this industry median. Based on the distribution chart, Bellevue Gold ranks #302 out of 841 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Bellevue Gold has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Bellevue Gold's Operating Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Bellevue Gold ranks #302 out of 841 companies for Operating Margin %. This puts Bellevue Gold in the upper half of its industry. The industry median Operating Margin % is 5.72. Bellevue Gold's value of 13.26% is 131.8% above this benchmark. Historically, Bellevue Gold's own Operating Margin % has ranged from 13.58 to 26.72 over the past decade. While the company's 10-year median is 21.25 vs. the industry median of 5.72, Bellevue Gold 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 Operating Margin % for a Metals & Mining company?
The median Operating Margin % among Metals & Mining companies is 5.72, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bellevue Gold's current Operating Margin % of 13.26% is 131.8% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Bellevue Gold and its competitors. For the Metals & Mining industry, the median Operating Margin % is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellevue Gold's current Operating Margin % is 13.26%, which is 38% below median its own 10-year median of 21.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellevue Gold stock overvalued right now?
Bellevue Gold (ASX:BGL) has a current Operating Margin % of 13.26%. The current Operating Margin % is 13.26%, which is 38% below median its 10-year median of 21.25 and 131.8% above the Metals & Mining industry median of 5.72. Bellevue Gold's overall GF Score™ is 37/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Bellevue Gold (ASX:BGL), the current Operating Margin % is 13.26% 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.

Bellevue Gold Business Description

Other Exchanges BELGF:USA
Address 24 Outram Street, Ground Floor, West Perth, Perth, WA, AUS, 6005
Bellevue Gold Ltd is a gold exploration company. The single operating segment of the company is the exploration and evaluation of minerals, mining, and processing of Gold in Australia. The company projects include the Bellevue Gold Project which is located in the northwest of Kalgoorlie in Western Australia, the Kathleen Valley Project, and the South Yandal Gold Project.
37GF Score

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