Fortuna Mining (FSM) Net Margin (2010 - 2026)
Fortuna Mining's Net Margin was 23.71% in the quarter ended Jun 30, 2026, up 7.52 percentage points from 16.19% a year earlier but down 8.70 percentage points from the prior quarter.
Fortuna Mining (FSM) Net Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Fortuna Mining's Net Margin was 49.87% through Jun 30, 2026, down 3.17 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 32.40%, up 11.45 percentage points from the prior year.
- Net Margin has now increased for three consecutive years, with a five-year change of +24.68 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Net Margin was 20.95% in the year ended Dec 31, 2024 (+26.13 pp), -5.18% in the year ended Dec 31, 2023 (+14.76 pp), -19.94% in the year ended Dec 31, 2022 (-29.59 pp) and 9.65% in the year ended Dec 31, 2021 (+1.92 pp).
- Quarterly Net Margin has moved between -97.40% (the quarter ended Dec 31, 2022) and 202.79% (the quarter ended Jun 30, 2024) over five years.
- Compared with a year earlier, Net Margin has increased for three straight quarters, with an average year-over-year change of -28.63 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was the quarter ended Jun 30, 2023 (a gain of 184.03 percentage points); the worst was the quarter ended Jun 30, 2025 (a drop of 186.60 percentage points).
- Per Business Quant data, FSM's Net Margin in the three quarters before the quarter ended Jun 30, 2026 was 32.41% (quarter ended Mar 31, 2026), 25.19% (quarter ended Dec 31, 2025) and 133.33% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 38.94% |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 35.99% |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 7.92% |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 14.00% |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 35.75% |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 11.12% |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 12.31% |
| 10 | Fortuna Mining | 3.43 Bn | 1.22 Bn | 183.46 Mn | 23.71% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.71% |
| Mar 31, 2026 | 32.41% |
| Dec 31, 2025 | 25.19% |
| Sep 30, 2025 | 133.33% |
| Jun 30, 2025 | 16.19% |
| Mar 31, 2025 | 30.00% |
| Dec 31, 2024 | 7.73% |
| Sep 30, 2024 | 173.15% |
| Jun 30, 2024 | 202.79% |
| Mar 31, 2024 | 153.41% |
| Dec 31, 2023 | -33.86% |
| Sep 30, 2023 | 121.32% |
| Jun 30, 2023 | 185.03% |
| Mar 31, 2023 | 166.44% |
| Dec 31, 2022 | -97.40% |
| Sep 30, 2022 | -2.48% |
| Jun 30, 2022 | 1.00% |
| Mar 31, 2022 | 14.80% |
| Dec 31, 2021 | 8.35% |
| Sep 30, 2021 | 0.12% |
Fortuna 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=FSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "FSM", "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=FSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();