Sigma Lithium (MEX:SGML N) Operating Margin %: 32.17% (As of Mar. 2026)


What is Sigma Lithium Operating Margin %?

Sigma Lithium MEX:SGML N 48 Operating Margin % is 32.17% as of Mar. 2026. GuruFocus rates MEX:SGML N with a GF Score™ of 48/100. The stock has 4 warning signs investors should review. Among 841 Metals & Mining companies, Sigma Lithium ranks worse than 68.73% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sigma Lithium's Operating Income for the three months ended in Mar. 2026 was MXN245.62 Mil. Sigma Lithium's Revenue for the three months ended in Mar. 2026 was MXN763.54 Mil. Therefore, Sigma Lithium's Operating Margin % for the quarter that ended in Mar. 2026 was 32.17%.

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

MEX:SGML N' s Operating Margin % Range Over the Past 10 Years
Min: -13.3   Med: -11.05   Max: -5.91
Current: -5.15


MEX:SGML N's Operating Margin % is ranked worse than
68.73% of 841 companies
in the Metals & Mining industry
Industry Median: 5.79 vs MEX:SGML N: -5.15

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

Sigma Lithium's Operating Income for the three months ended in Mar. 2026 was MXN245.62 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-109.91 Mil.


Sigma Lithium  (MEX:SGML N) 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.


Sigma Lithium Operating Margin % Related Terms


Sigma Lithium Operating Margin % Historical Data

* Premium members only.

The historical data trend for Sigma Lithium'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.

Sigma Lithium Operating Margin % Chart

Sigma Lithium Annual Data
Trend Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -13.30 -5.91 -11.05

Sigma Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.97 -73.18 -31.76 14.28 32.17

Sigma Lithium Operating Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Sigma Lithium'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.


Sigma Lithium Operating Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Sigma Lithium's Operating Margin % falls into.



Sigma Lithium 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.

Sigma Lithium's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-218.967 / 1980.843
=-11.05 %

Sigma Lithium's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=245.623 / 763.541
=32.17 %

* 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 32.17% mean?
Sigma Lithium (MEX:SGML N) has a Operating Margin % of 32.17% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Sigma Lithium and its competitors. According to the industry distribution chart, Sigma Lithium ranks #578 out of 841 companies in the Metals & Mining industry, placing it in the top 68.7%.
Is Sigma Lithium's Operating Margin % too high?
Sigma Lithium's current Operating Margin % is 32.17%. The Metals & Mining industry median Operating Margin % is 5.79. Sigma Lithium's value of 32.17% is 455.6% above this industry median. Based on the distribution chart, Sigma Lithium ranks #578 out of 841 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Sigma Lithium has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Sigma Lithium's Operating Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Sigma Lithium ranks #578 out of 841 companies for Operating Margin %. This places Sigma Lithium in the lower half of its industry. The industry median Operating Margin % is 5.79. Sigma Lithium's value of 32.17% is 455.6% above this benchmark. 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. Sigma Lithium's current Operating Margin % of 32.17% is 455.6% 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 Sigma Lithium 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. Sigma Lithium's current Operating Margin % is 32.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sigma Lithium stock overvalued right now?
Sigma Lithium (MEX:SGML N) has a current Operating Margin % of 32.17%. The current Operating Margin % is 32.17% and 455.6% above the Metals & Mining industry median of 5.79. Sigma Lithium's overall GF Score™ is 48/100 with 4 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 Sigma Lithium (MEX:SGML N), the current Operating Margin % is 32.17% 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.

Sigma Lithium Business Description

Address 181, Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Sigma Lithium Corp together with its direct and indirect subsidiaries, is a commercial producer of lithium concentrate. It holds full interest in four mineral properties: Grota do Cirilo, Sao Jose, Santa Clara, and Genipapo, located in the municipalities of Aracuai and Itinga, in the Vale do Jequitinhonha region in the State of Minas Gerais, Brazil. Geographically, the company operates in Switzerland; United Arab Emirates; Singapore; and Republic of Korea, of which it derives maximum revenue from Switzerland.