Ferroglobe (GSM) Operating Margin (2016 - 2026)
Ferroglobe (GSM) posted Operating Margin of 15.04% for the quarter ended Jun 30, 2026, up 12.78 percentage points from 2.26% a year earlier and up 17.26 percentage points from the prior quarter.
Ferroglobe (GSM) Operating Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Ferroglobe was -6.31%, down 2.57 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -10.00%, down 12.32 percentage points from the prior year.
- Annual Operating Margin has declined for three consecutive years, though with a five-year change of +6.11 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Ferroglobe's Operating Margin was 2.32% in the year ended Dec 31, 2024 (-9.61 pp), 11.94% in the year ended Dec 31, 2023 (-13.49 pp), 25.43% in the year ended Dec 31, 2022 (+23.66 pp) and 1.76% in the year ended Dec 31, 2021 (+17.87 pp).
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Operating Margin since the quarter ended Sep 30, 2023.
- On a year-over-year basis, Operating Margin increased in two of the last eight quarters, with an average year-over-year change of -7.59 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was the quarter ended Dec 31, 2021, with a gain of 67.32 percentage points; the weakest was the quarter ended Dec 31, 2025, with a drop of 27.04 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was -2.22% (quarter ended Mar 31, 2026), -40.52% (quarter ended Dec 31, 2025) and -0.64% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 61.16% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 16.48% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 12.17% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 28.50% |
| 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 | 51.63% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 15.67% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 6.29% |
| 10 | Ferroglobe | 741.84 Mn | 284.79 Mn | - | 15.04% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.04% |
| Mar 31, 2026 | -2.22% |
| Dec 31, 2025 | -40.52% |
| Sep 30, 2025 | -0.64% |
| Jun 30, 2025 | 2.26% |
| Mar 31, 2025 | -18.13% |
| Dec 31, 2024 | -13.48% |
| Sep 30, 2024 | 9.37% |
| Jun 30, 2024 | 9.88% |
| Mar 31, 2024 | 0.65% |
| Dec 31, 2023 | 3.78% |
| Sep 30, 2023 | 18.09% |
| Jun 30, 2023 | 13.77% |
| Mar 31, 2023 | 11.09% |
| Dec 31, 2022 | 6.62% |
| Sep 30, 2022 | 26.03% |
| Jun 30, 2022 | 31.55% |
| Mar 31, 2022 | 29.52% |
| Dec 31, 2021 | 9.81% |
| Sep 30, 2021 | 2.62% |
Ferroglobe 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=GSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "GSM", "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=GSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();