Mineral ResourcesMALRY -1.01%85 Operating Margin % is 22.97% as of Dec. 2025, which is 18% above its 10-year median of 19.42. GuruFocus rates MALRY with a GF Score™ of 85/100 and a GF Value™ of $52.89 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 841 Metals & Mining companies, Mineral Resources ranks better than 65.87% on this metric.
Mineral Resources Ltd has recorded a loss in operating income at least once over the past 3 years.
Mineral Resources (OTCPK:MALRY) 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 Nokias 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.
Mineral Resources Operating Margin % Related Terms
Mineral Resources Operating Margin % Historical Data
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The historical data trend for Mineral Resources'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.
Mineral Resources Operating Margin % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Mineral Resources'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.
Mineral Resources Operating Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mineral Resources's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Mineral Resources's Operating Margin % falls into.
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.
Mineral Resources's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Mineral Resources (MALRY) has a Operating Margin % of 22.97% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Mineral Resources and its competitors. This is 18% above median its historical median of 19.42. According to the industry distribution chart, Mineral Resources ranks #287 out of 841 companies in the Metals & Mining industry, placing it in the top 34.1%.
Is Mineral Resources' Operating Margin % too high?
Mineral Resources' current Operating Margin % of 22.97% is 18% above median its 10-year median of 19.42. The Metals & Mining industry median Operating Margin % is 5.79. Mineral Resources' value of 22.97% is 296.7% above this industry median. Based on the distribution chart, Mineral Resources ranks #287 out of 841 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Mineral Resources has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' Operating Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Mineral Resources ranks #287 out of 841 companies for Operating Margin %. This puts Mineral Resources in the upper half of its industry. The industry median Operating Margin % is 5.79. Mineral Resources' value of 22.97% is 296.7% above this benchmark. While the company's 10-year median is 19.42 vs. the industry median of 5.79, Mineral Resources 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 5.79, 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. Mineral Resources's current Operating Margin % of 22.97% is 296.7% 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 Mineral Resources and its competitors. For the Metals & Mining industry, the median Operating Margin % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mineral Resources's current Operating Margin % is 22.97%, which is 18% above median its own 10-year median of 19.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (MALRY) is currently considered Modestly Undervalued. The stock's GF Value™ is $52.89, compared to a current price of $44.42 — trading 16% below its estimated fair value. The current Operating Margin % is 22.97%, which is 18% above median its 10-year median of 19.42 and 296.7% above the Metals & Mining industry median of 5.79. Mineral Resources' overall GF Score™ is 85/100 with 12 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 Mineral Resources (MALRY), the current Operating Margin % is 22.97% 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 Mineral Resources (MALRY) Overvalued in 2026?
Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued.
The current stock price of $44.42 is trading 16% below its estimated GF Value™ of $52.89.
GuruFocus considers Mineral Resources to be Modestly Undervalued.
Key valuation signals for MALRY:
Operating Margin %: 22.97% (18% above median its 10-year median of 19.42)
GF Value™: $52.89 vs. price of $44.42 (16% below fair value)
Industry Position: 296.7% above the Metals & Mining median (#287 of 841)
No single metric tells the full story. See the MALRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
85GF Score
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