Hemlo MiningTSX:HMMC +2.37%27 Pretax Margin % is 24.57% as of Mar. 2026. GuruFocus rates TSX:HMMC with a GF Score™ of 27/100. The stock has 3 warning signs investors should review. Among 843 Metals & Mining companies, Hemlo Mining ranks better than 57.3% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hemlo Mining's Pre-Tax Income for the
three
months ended in Mar. 2026 was C$62.8 Mil. Hemlo Mining's Revenue for the
three
months ended in Mar. 2026 was C$255.6 Mil. Therefore, Hemlo Mining's pretax margin for the quarter that ended in Mar. 2026 was 24.57%.
The historical rank and industry rank for Hemlo Mining's Pretax Margin % or its related term are showing as below:
TSX:HMMC'
s Pretax Margin % Range Over the Past 10 Years
Min: -109.23 Med: -35.59 Max: 47.41
Current: 8.6
TSX:HMMC's Pretax Margin % is ranked better than 57.3% of 843
companies
in the Metals & Mining industry
Industry Median: 4.83
vs TSX:HMMC: 8.60
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Hemlo Mining Pretax Margin % Related Terms
Hemlo Mining Pretax Margin % Historical Data
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The historical data trend for Hemlo Mining's Pretax 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.
For the Gold subindustry, Hemlo Mining's Pretax Margin %, along with its competitors' market caps and Pretax 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.
Hemlo Mining Pretax Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hemlo Mining's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Hemlo Mining's Pretax Margin % falls into.
* 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.
Hemlo Mining (TSX:HMMC) has a Pretax Margin % of 24.57% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hemlo Mining and its competitors. According to the industry distribution chart, Hemlo Mining ranks #360 out of 843 companies in the Metals & Mining industry, placing it in the top 42.7%.
Is Hemlo Mining's Pretax Margin % too high?
Hemlo Mining's current Pretax Margin % is 24.57%. The Metals & Mining industry median Pretax Margin % is 4.83. Hemlo Mining's value of 24.57% is 408.7% above this industry median. Based on the distribution chart, Hemlo Mining ranks #360 out of 843 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Hemlo Mining has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Hemlo Mining's Pretax Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Hemlo Mining ranks #360 out of 843 companies for Pretax Margin %. This puts Hemlo Mining in the upper half of its industry. The industry median Pretax Margin % is 4.83. Hemlo Mining's value of 24.57% is 408.7% 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 Pretax Margin % for a Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 4.83, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hemlo Mining's current Pretax Margin % of 24.57% is 408.7% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hemlo Mining and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hemlo Mining's current Pretax Margin % is 24.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemlo Mining stock overvalued right now?
Hemlo Mining (TSX:HMMC) has a current Pretax Margin % of 24.57%. The current Pretax Margin % is 24.57% and 408.7% above the Metals & Mining industry median of 4.83. Hemlo Mining's overall GF Score™ is 27/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Hemlo Mining (TSX:HMMC), the current Pretax Margin % is 24.57% 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.
Hemlo Mining Corp is a Canadian gold producer focused on the production and sale of gold, as well as related activities such as mine development and exploration. It owns the Hemlo Mine, which is a long-life, fully integrated gold mining operation located east of the town of Marathon in northwestern Ontario, Canada, along the Trans-Canada Highway and just north of Lake Superior. The Hemlo Mine produces gold from both underground and open-pit operations.
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