Caledonia Mining (CMCL) Net Margin (2009 - 2026)
Caledonia Mining (CMCL) reported Net Margin of 31.36% for the quarter ended Jun 30, 2026, up 0.01 percentage points from 31.35% a year earlier and up 7.50 percentage points from the prior quarter.
Caledonia Mining (CMCL) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Caledonia Mining's Net Margin came in at 22.69%, up 3.37 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 20.63%, up 20.62 percentage points from the prior year.
- Net Margin has a five-year change of +1.77 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Net Margin came in at 0.01% in the year ended Dec 31, 2024 (+5.39 pp), -5.37% in the year ended Dec 31, 2023 (-13.28 pp), 7.91% in the year ended Dec 31, 2022 (-6.43 pp) and 14.34% in the year ended Dec 31, 2021 (-4.52 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Net Margin since the quarter ended Dec 31, 2024.
- Year over year, Net Margin gained in four of the last five quarters, with an average year-over-year change of +8.63 percentage points.
- The high point for year-over-year Net Margin in five years was the quarter ended Dec 31, 2024 (a gain of 45.47 percentage points); the low point was the quarter ended Mar 31, 2023 (a drop of 29.67 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 23.86% (quarter ended Mar 31, 2026), 14.31% (quarter ended Dec 31, 2025) and 21.16% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 38.94% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 35.99% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 7.92% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 14.00% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 35.75% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 11.12% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 12.31% |
| 10 | Caledonia Mining | 454.24 Mn | 90.69 Mn | 39.18 Mn | 31.36% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.36% |
| Mar 31, 2026 | 23.86% |
| Dec 31, 2025 | 14.31% |
| Sep 30, 2025 | 21.16% |
| Jun 30, 2025 | 31.35% |
| Mar 31, 2025 | 15.87% |
| Dec 31, 2024 | 36.67% |
| Sep 30, 2024 | 4.83% |
| Jun 30, 2024 | 16.50% |
| Mar 31, 2024 | 3.86% |
| Dec 31, 2023 | -8.80% |
| Sep 30, 2023 | 9.28% |
| Jun 30, 2023 | -7.91% |
| Mar 31, 2023 | -18.20% |
| Dec 31, 2022 | -18.60% |
| Sep 30, 2022 | 18.54% |
| Jun 30, 2022 | 18.73% |
| Mar 31, 2022 | 11.48% |
| Dec 31, 2021 | 7.91% |
| Sep 30, 2021 | 20.70% |
Caledonia Mining Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=CMCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CMCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CMCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();