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

Caledonia Mining (CMCL) has reported Operating Margin for 18 consecutive years, with 54.94% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Margin rose 71.0% year-over-year to 54.94% in Q2 2026; TTM through Jun 2026 was 47.12%, a 4704.0% increase from a year earlier, with the FY2025 full-year figure at 40.96%, up 1709.0% from the prior year.
• Operating Margin was 54.94% for Q2 2026 at Caledonia Mining, up from 45.13% in the prior quarter.
• Over five years, Operating Margin peaked at 54.94% in Q2 2026 and troughed at 19.74% in Q4 2022.
• A 5-year average of 25.11% and a median of 30.77% in 2022 frame the typical range for Operating Margin.
• Across the five-year window, Operating Margin slumped 4276 bps in 2022 and soared 4625 bps in 2025, its largest moves.
• Over 5 years, Operating Margin stood at 19.74% in 2022, then jumped by 130 bps to 6.01% in 2023, then plunged by 100 bps to 0.01% in 2024, then jumped by 463882 bps to 46.26% in 2025, then rose by 19 bps to 54.94% in 2026.
• The last three Operating Margin figures came in at 54.94% (Q2 2026), 45.13% (Q1 2026), and 46.26% (Q4 2025), per Business Quant data.