Mag Magna (MGNC) Gross Margin (2023 - 2024)
Mag Magna's Gross Margin was 41.78% in fiscal Q2 2025 (quarter ended Oct 31, 2024), down 58.22 percentage points from 100.00% a year earlier but up 24.91 percentage points from the prior quarter.
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Analysis
Mag Magna (MGNC) Gross Margin (2023 - 2024) Analysis & Trends
On a trailing twelve-month basis, Mag Magna's Gross Margin was 46.19% through Oct 31, 2024; for FY2024 (ended Apr 30, 2024), it was 100.00%.
- Quarterly Gross Margin has moved between 16.87% (fiscal Q1 2025) and 100.00% (fiscal Q3 2024) over five years.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 67.60% |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 65.87% |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 21.68% |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 31.10% |
| 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 | 54.74% |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 19.56% |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | Mag Magna | 3.35 Mn | 3.31 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2024 | 41.78% |
| Jul 31, 2024 | 16.87% |
| Jan 31, 2024 | 100.00% |
| Oct 31, 2023 | 100.00% |
API Access
Mag Magna Gross 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=gross-margin&ticker=MGNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MGNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MGNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();