McEwen MUX
NYSE MUX
$20.28 +0.05 (+0.25%)
At close: Aug 20, 2026 · 4:00 PM EDT

McEwen (MUX) Operating Margin (2012 - 2026)

McEwen (MUX) posted quarterly Operating Margin of 55.7% for Q1 2026, up 7710.0% year-over-year from 0.71% in Q1 2025, and up 62.87% quarter-over-quarter from 34.2% in Q4 2025.

McEwen (MUX) Operating Margin (2012 - 2026) Analysis & Trends

McEwen's Operating Margin history runs 15 years deep, the most recent figure standing at 55.7% for Q1 2026.

  • In Q1 2026, Operating Margin rose 7710.0% year-over-year to 55.7%; the TTM figure through Mar 2026 stood at 21.85% (up 4329.0% YoY), while the FY2025 annual figure was 850.32%, up 87931.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 55.7%, up from 34.2% in the prior quarter.
  • The five-year high for Operating Margin was 55.7% in Q1 2026, with the low at 180.68% in Q4 2022.
  • The 5-year median for Operating Margin is 43.39% (2024), against an average of 49.91%.
  • The sharpest annual moves came in 2022 and 2024: Operating Margin plunged 12736 bps in 2022, then surged 8701 bps in 2024.
  • McEwen's Operating Margin stood at 180.68% in 2022, then soared by 44 bps to 101.46% in 2023, then soared by 57 bps to 43.39% in 2024, then soared by 179 bps to 34.2% in 2025, then jumped by 63 bps to 55.7% in 2026.
  • Business Quant data shows MUX's Operating Margin at 55.7% in Q1 2026, 34.2% in Q4 2025, and 16.68% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Hecla Mining 13.96 Bn 13.48 Bn 332.52 Mn 43.64%
2 Buenaventura Mining 8.67 Bn 7.66 Bn - -
3 Triple Flag Precious Metals 6.87 Bn 6.85 Bn 88.25 Mn 65.28%
4 Perpetua Resources 3.14 Bn 3.14 Bn - -
5 Elemental Royalty 1.40 Bn 1.34 Bn 15.71 Mn 27.30%
6 Solaris Resources 1.36 Bn 1.30 Bn - -
7 McEwen 1.22 Bn 1.13 Bn 20.08 Mn 13.01%
8 Versamet Royalties 1.13 Bn 1.13 Bn 13.99 Mn 89.44%
9 Metalla Royalty & Streaming 1.05 Bn 1.04 Bn 4.75 Mn -
10 Integra Resources 548.73 Mn 442.10 Mn 24.85 Mn 26.57%

Historic Data

Download Data
DateValue
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 -101.46%
Sep 30, 2023 -62.58%
Jun 30, 2023 -116.39%
Mar 31, 2023 -110.72%
Dec 31, 2022 -180.68%
Sep 30, 2022 -59.94%
Jun 30, 2022 -40.69%
Mar 31, 2022 -94.39%
Dec 31, 2021 -53.32%
Sep 30, 2021 -33.84%