McEwen (MUX) Operating Margin (2012 - 2026)
McEwen (MUX) posted Operating Margin of 13.01% for Q2 2026, down 76.64% on a QoQ basis from 55.7% in Q1 2026, and up 2023.0% year-over-year from 0.61% in Q2 2025.
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McEwen (MUX) Operating Margin (2012 - 2026) Analysis & Trends
McEwen has reported Operating Margin for 15 years, with the latest figure at 13.01% in Q2 2026.
- On a quarterly basis, Operating Margin rose 2023.0% year-over-year to 13.01% in Q2 2026; TTM through Jun 2026 was 25.2%, a 4046.0% increase from a year earlier, with the FY2025 full-year figure at 1.34%, up 3033.0% from the prior year.
- Operating Margin was 13.01% for Q2 2026 at McEwen, down from 55.7% in the prior quarter.
- The five-year high for Operating Margin was 55.7% in Q1 2026, with the low at 138.75% in Q4 2022.
- Average Operating Margin over 5 years is 45.55%, with a median of 48.35% recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Margin sank 7436 bps in 2022, then soared 9568 bps in 2024.
- Over 5 years, Operating Margin stood at 138.75% in 2022, then surged by 42 bps to 80.74% in 2023, then jumped by 46 bps to 43.39% in 2024, then surged by 179 bps to 34.2% in 2025, then tumbled by 62 bps to 13.01% in 2026.
- The last three Operating Margin figures came in at 13.01% (Q2 2026), 55.7% (Q1 2026), and 34.2% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 16.48% |
| 2 | Barrick Mining | 76.06 Bn | 70.13 Bn | 2.90 Bn | 51.63% |
| 3 | AngloGold Ashanti | 55.29 Bn | 52.34 Bn | 1.70 Bn | 56.06% |
| 4 | Alamos Gold | 15.55 Bn | 14.87 Bn | 587.30 Mn | 60.14% |
| 5 | Iamgold | 11.83 Bn | 11.33 Bn | 415.10 Mn | 44.17% |
| 6 | Eldorado Gold | 9.03 Bn | 8.47 Bn | 302.67 Mn | 43.95% |
| 7 | Buenaventura Mining | 8.95 Bn | 7.99 Bn | - | 47.67% |
| 8 | Equinox Gold | 8.08 Bn | 8.24 Bn | 428.20 Mn | 16.02% |
| 9 | B2Gold | 7.32 Bn | 7.32 Bn | 308.29 Mn | - |
| 10 | McEwen | 1.21 Bn | 1.12 Bn | 20.08 Mn | 13.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.01% |
| Mar 31, 2026 | 55.70% |
| Dec 31, 2025 | 34.20% |
| Sep 30, 2025 | -16.68% |
| Jun 30, 2025 | -7.23% |
| Mar 31, 2025 | -21.40% |
| Dec 31, 2024 | -43.39% |
| Sep 30, 2024 | -0.19% |
| Jun 30, 2024 | -29.38% |
| Mar 31, 2024 | -53.32% |
| Dec 31, 2023 | -80.74% |
| Sep 30, 2023 | -75.10% |
| Jun 30, 2023 | -125.05% |
| Mar 31, 2023 | -123.25% |
| Dec 31, 2022 | -138.75% |
| Sep 30, 2022 | -59.94% |
| Jun 30, 2022 | -54.06% |
| Mar 31, 2022 | -94.39% |
| Dec 31, 2021 | -64.39% |
| Sep 30, 2021 | -46.96% |