Caledonia Mining CMCL
NYSE CMCL
$25.30 -0.68 (-2.62%)
As of: Sep 10, 2026 · 3:59 PM EDT

Caledonia Mining (CMCL) Gross Margin (2009 - 2026)

Caledonia Mining's (CMCL) quarterly Gross Margin came in at 51.61% in Q2 2026, down 15.0% year-over-year from 60.72% in Q2 2025, and up 6.81% quarter-over-quarter from 48.32% in Q1 2026.

Analysis

Caledonia Mining (CMCL) Gross Margin (2009 - 2026) Analysis & Trends

Caledonia Mining (CMCL) has reported Gross Margin for 18 consecutive years, with 51.61% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 15.0% year-over-year to 51.61% in Q2 2026; TTM through Jun 2026 was 54.7%, a 5460.0% increase from a year earlier, with the FY2025 full-year figure at 51.23%, up 916.0% from the prior year.
  • Gross Margin was 51.61% for Q2 2026 at Caledonia Mining, up from 48.32% in the prior quarter.
  • Over five years, Gross Margin peaked at 70.39% in Q4 2025 and troughed at 0.02% in Q4 2024.
  • A 5-year average of 40.51% and a median of 44.61% in 2022 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin sank 2829 bps in 2023 and soared 7038 bps in 2025, its largest moves.
  • Over 5 years, Gross Margin stood at 33.23% in 2022, then decreased by 18 bps to 27.3% in 2023, then sank by 100 bps to 0.02% in 2024, then surged by 455649 bps to 70.39% in 2025, then decreased by 27 bps to 51.61% in 2026.
  • The last three Gross Margin figures came in at 51.61% (Q2 2026), 48.32% (Q1 2026), and 70.39% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Newmont 134.87 Bn 126.03 Bn 4.03 Bn 65.87%
2 Barrick Mining 74.19 Bn 68.26 Bn 2.90 Bn 54.74%
3 AngloGold Ashanti 52.70 Bn 49.74 Bn 1.70 Bn 54.86%
4 Alamos Gold 14.98 Bn 14.30 Bn 587.30 Mn 98.86%
5 Iamgold 11.53 Bn 11.03 Bn 415.10 Mn 48.44%
6 Eldorado Gold 8.68 Bn 8.12 Bn 302.67 Mn 62.09%
7 Buenaventura Mining 8.59 Bn 7.63 Bn - -
8 Equinox Gold 7.68 Bn 7.84 Bn 428.20 Mn 55.63%
9 B2Gold 7.08 Bn 7.08 Bn 308.29 Mn -
10 Caledonia Mining 487.79 Mn 316.01 Mn 39.18 Mn 51.61%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 51.61%
Mar 31, 2026 48.32%
Dec 31, 2025 70.39%
Sep 30, 2025 51.58%
Jun 30, 2025 51.76%
Mar 31, 2025 47.93%
Dec 31, 2024 0.02%
Sep 30, 2024 41.37%
Jun 30, 2024 45.77%
Mar 31, 2024 35.86%
Dec 31, 2023 27.30%
Sep 30, 2023 34.34%
Jun 30, 2023 29.52%
Mar 31, 2023 19.87%
Dec 31, 2022 33.23%
Sep 30, 2022 43.45%
Jun 30, 2022 48.65%
Mar 31, 2022 48.16%
Dec 31, 2021 43.70%
Sep 30, 2021 46.98%