Triple Flag Precious Metals (TFPM) EBITDA Margin (2023 - 2026)
Triple Flag Precious Metals (TFPM) recorded EBITDA Margin of 65.34% in Q2 2026, up 7.40 percentage points from 57.94% a year earlier but down 1.65 percentage points from the prior quarter.
Triple Flag Precious Metals (TFPM) EBITDA Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Triple Flag Precious Metals' EBITDA Margin came in at 62.40% as of Jun 30, 2026, up 9.54 percentage points year-over-year; for FY2025, it was 56.89%, up 63.45 percentage points from FY2024.
- Annual EBITDA Margin has a four-year change of +10.86 percentage points (FY2021 to FY2025).
- Across earlier years, EBITDA Margin came in at -6.56% in FY2024 (-26.80 pp), 20.24% in FY2023 (-22.28 pp), 42.53% in FY2022 (-3.51 pp) and 46.03% in FY2021.
- Quarterly EBITDA Margin has ranged from -174.02% in Q2 2024 to 66.99% in Q1 2026 over the past five years.
- On a year-over-year basis, EBITDA Margin rose in six of the last seven quarters, with an average year-over-year change of +51.37 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 231.96 percentage points in Q2 2025, against a drop of 214.09 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 66.99% (Q1 2026), 54.99% (Q4 2025) and 60.57% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.92 Bn | 121.05 Bn | - | 40.18% |
| 2 | Spdr Gold Trust | 136.71 Bn | -421.29 Bn | - | - |
| 3 | Blackstone | 88.22 Bn | 78.20 Bn | - | - |
| 4 | Brookfield | 83.92 Bn | -99.40 Bn | - | - |
| 5 | Kkr | 79.85 Bn | -3.72 Mn | - | 35.54% |
| 6 | Brookfield Asset Management | 73.42 Bn | 68.22 Bn | - | 79.86% |
| 7 | Apollo Global Management | 65.92 Bn | -16.87 Bn | 10.56 Bn | 20.01% |
| 8 | Wheaton Precious Metals | 59.50 Bn | 54.92 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 46.38 Bn | 43.74 Bn | 451.00 Mn | 91.19% |
| 10 | Triple Flag Precious Metals | 6.24 Bn | 5.83 Bn | 88.25 Mn | 77.98% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.98% |
| Mar 31, 2026 | 80.69% |
| Dec 31, 2025 | 71.30% |
| Sep 30, 2025 | 80.50% |
| Jun 30, 2025 | 79.91% |
| Mar 31, 2025 | 79.26% |
| Dec 31, 2024 | 81.74% |
| Sep 30, 2024 | 70.92% |
| Jun 30, 2024 | -147.04% |
| Dec 31, 2023 | 55.56% |
| Sep 30, 2023 | 18.62% |
| Jun 30, 2023 | 70.00% |
Triple Flag Precious Metals EBITDA 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=ebitda-margin&ticker=TFPM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "TFPM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=TFPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();