Versamet Royalties (TSX:VMET) Operating Margin %: 43.53% (As of Mar. 2026)


TSX:VMET Versamet Royalties Corp TSX:VMET
16 GF Score
Price C$17.35
! 5 Warning Signs
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What is Versamet Royalties Operating Margin %?

Versamet Royalties TSX:VMET +8.44% 16 Operating Margin % is 43.53% as of Mar. 2026. GuruFocus rates TSX:VMET with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 841 Metals & Mining companies, Versamet Royalties ranks better than 80.14% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Versamet Royalties's Operating Income for the three months ended in Mar. 2026 was C$14.31 Mil. Versamet Royalties's Revenue for the three months ended in Mar. 2026 was C$32.88 Mil. Therefore, Versamet Royalties's Operating Margin % for the quarter that ended in Mar. 2026 was 43.53%.

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

TSX:VMET' s Operating Margin % Range Over the Past 10 Years
Min: -82.93   Med: -36.03   Max: 31.5
Current: 31.5


TSX:VMET's Operating Margin % is ranked better than
80.14% of 841 companies
in the Metals & Mining industry
Industry Median: 5.79 vs TSX:VMET: 31.50

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

Versamet Royalties's Operating Income for the three months ended in Mar. 2026 was C$14.31 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was C$23.95 Mil.


Versamet Royalties  (TSX:VMET) 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.


Versamet Royalties Operating Margin % Related Terms


Versamet Royalties Operating Margin % Historical Data

* Premium members only.

The historical data trend for Versamet Royalties'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.

Versamet Royalties Operating Margin % Chart

Versamet Royalties Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Operating Margin %
0.00 -82.93 -36.03 16.80

Versamet Royalties Quarterly Data
Dec22 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 -32.95 -13.83 15.13 34.94 43.53

TSX:VMET vs HL: Operating Margin % Comparison

For the Other Precious Metals & Mining subindustry, Versamet Royalties'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.


Versamet Royalties Operating Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Versamet Royalties's Operating Margin % falls into.


TSX:VMET
16GF Score
Versamet Royalties Corp TSX:VMET
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Versamet Royalties 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.

Versamet Royalties'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 )
=8.054 / 47.953
=16.80 %

Versamet Royalties'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 )
=14.314 / 32.884
=43.53 %

* 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 43.53% mean?
Versamet Royalties (TSX:VMET) has a Operating Margin % of 43.53% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Versamet Royalties and its competitors. According to the industry distribution chart, Versamet Royalties ranks #167 out of 841 companies in the Metals & Mining industry, placing it in the top 19.9%.
Is Versamet Royalties' Operating Margin % too high?
Versamet Royalties' current Operating Margin % is 43.53%. The Metals & Mining industry median Operating Margin % is 5.79. Versamet Royalties' value of 43.53% is 651.8% above this industry median. Based on the distribution chart, Versamet Royalties ranks #167 out of 841 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Versamet Royalties has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Versamet Royalties' Operating Margin % compare to HL?
According to the Metals & Mining industry distribution chart, Versamet Royalties ranks #167 out of 841 companies for Operating Margin %. This places Versamet Royalties in the top 20% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.79. Versamet Royalties' value of 43.53% is 651.8% 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. Versamet Royalties's current Operating Margin % of 43.53% is 651.8% 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 Versamet Royalties 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. Versamet Royalties's current Operating Margin % is 43.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Versamet Royalties stock overvalued right now?
Versamet Royalties (TSX:VMET) has a current Operating Margin % of 43.53%. The current Operating Margin % is 43.53% and 651.8% above the Metals & Mining industry median of 5.79. Versamet Royalties' overall GF Score™ is 16/100 with 5 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 Versamet Royalties (TSX:VMET), the current Operating Margin % is 43.53% 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.

Versamet Royalties Business Description

Other Exchanges VMET:USA6PH:Germany
Address 733 Seymour Street, Suite 3200, Vancouver, BC, CAN, V6B 0S6
Versamet Royalties Corp is a diversified metals royalty and streaming company with exposure to a range of resource royalties and streams including gold, silver, copper, zinc, graphite and uranium, across a variety of jurisdictions. The Company's operating segments are considered to be its individual royalties, streams and the Greenstone gold interest.
16GF Score

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C$17.35
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