Fortitude Gold (FTCO) Operating Margin (2020 - 2026)
Fortitude Gold (FTCO) recorded Operating Margin of -22.96% in Q2 2026, down 42.66 percentage points from 19.70% a year earlier but up 37.08 percentage points from the prior quarter.
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Analysis
Fortitude Gold (FTCO) Operating Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Fortitude Gold's Operating Margin came in at -30.31% as of Jun 30, 2026, down 42.45 percentage points year-over-year; for FY2025, it was 2.39%, down 1.36 percentage points from FY2024.
- Annual Operating Margin has a five-year change of -16.92 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 3.75% in FY2024 (-24.95 pp), 28.70% in FY2023 (+4.55 pp), 24.15% in FY2022 (-4.51 pp) and 28.66% in FY2021 (+9.36 pp).
- Quarterly Operating Margin has ranged from -83.23% in Q4 2025 to 36.75% in Q1 2023 over the past five years.
- On a year-over-year basis, Operating Margin has declined for four consecutive quarters, with an average year-over-year change of -25.86 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 21.45 percentage points in Q3 2023, against a drop of 91.00 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -60.03% (Q1 2026), -83.23% (Q4 2025) and 3.76% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 61.16% |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 16.48% |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 12.17% |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 28.50% |
| 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 | 51.63% |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 15.67% |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 6.29% |
| 10 | Fortitude Gold | 130.66 Mn | 94.26 Mn | 5.42 Mn | -22.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -22.96% |
| Mar 31, 2026 | -60.03% |
| Dec 31, 2025 | -83.23% |
| Sep 30, 2025 | 3.76% |
| Jun 30, 2025 | 19.70% |
| Mar 31, 2025 | 19.11% |
| Dec 31, 2024 | 7.77% |
| Sep 30, 2024 | 8.10% |
| Jun 30, 2024 | -0.89% |
| Mar 31, 2024 | -0.89% |
| Dec 31, 2023 | 12.54% |
| Sep 30, 2023 | 33.66% |
| Jun 30, 2023 | 23.48% |
| Mar 31, 2023 | 36.75% |
| Dec 31, 2022 | 26.24% |
| Sep 30, 2022 | 12.21% |
| Jun 30, 2022 | 33.29% |
| Mar 31, 2022 | 19.82% |
| Dec 31, 2021 | 20.35% |
| Sep 30, 2021 | 30.31% |
API Access
Fortitude Gold Operating 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=operating-margin&ticker=FTCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "FTCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=FTCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();