Idaho Copper (COPR-WT) Gross Margin (2010 - 2020)
Idaho Copper (COPR-WT) posted Gross Margin of 51.46% for Q3 2020, up 15.8% on a QoQ basis from 44.44% in Q2 2020, and down 457.0% year-over-year from 14.41% in Q4 2019.
Analysis
Idaho Copper (COPR-WT) Gross Margin (2010 - 2020) Analysis & Trends
Idaho Copper has reported Gross Margin for 11 years, with the latest figure at 51.46% in Q3 2020.
- On a quarterly basis, Gross Margin fell 457.0% year-over-year to 51.46% in Q3 2020; TTM through Sep 2020 was 47.6%, a 631.0% decrease from a year earlier, with the FY2019 full-year figure at 51.46%, down 462.0% from the prior year.
- Gross Margin was 51.46% for Q3 2020 at Idaho Copper, up from 44.44% in the prior quarter.
- The five-year high for Gross Margin was 67.97% in Q1 2017, with the low at 43.57% in Q1 2020.
- Average Gross Margin over 5 years is 56.58%, with a median of 57.46% recorded in 2017.
- The sharpest annual moves came in 2017 and 2018: Gross Margin surged 599 bps in 2017, then plunged 1381 bps in 2018.
- Over 5 years, Gross Margin stood at 66.65% in 2016, then retreated by 13 bps to 58.12% in 2017, then declined by 2 bps to 56.96% in 2018, then dropped by 17 bps to 47.42% in 2019, then increased by 9 bps to 51.46% in 2020.
- The last three Gross Margin figures came in at 51.46% (Q3 2020), 44.44% (Q2 2020), and 43.57% (Q1 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 174.97 Bn | 167.64 Bn | 2.90 Bn | 67.60% |
| 2 | Freeport-Mcmoran | 109.93 Bn | 105.85 Bn | 2.19 Bn | 31.10% |
| 3 | Teck Resources | 32.69 Bn | 28.21 Bn | 1.21 Bn | 46.32% |
| 4 | Carpenter Technology | 22.96 Bn | 22.57 Bn | 268.90 Mn | 31.60% |
| 5 | Hudbay Minerals | 11.39 Bn | 10.34 Bn | 269.00 Mn | 42.61% |
| 6 | Ero Copper | 3.97 Bn | 3.87 Bn | 121.42 Mn | 42.71% |
| 7 | Almonty Industries | 3.80 Bn | 2.92 Bn | 18.87 Mn | 60.72% |
| 8 | Nexa Resources | 1.89 Bn | 1.49 Bn | 257.20 Mn | 28.33% |
| 9 | TMC the metals | 1.86 Bn | 1.76 Bn | - | - |
| 10 | Idaho Copper | 24.13 Mn | 12.01 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2020 | 51.46% |
| Jun 30, 2020 | 44.44% |
| Mar 31, 2020 | 43.57% |
| Dec 31, 2019 | 47.42% |
| Sep 30, 2019 | 56.02% |
| Jun 30, 2019 | 51.71% |
| Mar 31, 2019 | 50.02% |
| Dec 31, 2018 | 56.96% |
| Sep 30, 2018 | 58.21% |
| Jun 30, 2018 | 53.63% |
| Mar 31, 2018 | 57.70% |
| Dec 31, 2017 | 58.12% |
| Sep 30, 2017 | 57.46% |
| Jun 30, 2017 | 67.44% |
| Mar 31, 2017 | 67.97% |
| Dec 31, 2016 | 66.65% |
| Sep 30, 2016 | 57.97% |
| Jun 30, 2016 | 66.28% |
| Mar 31, 2016 | 61.98% |
| Dec 31, 2015 | 69.68% |