Triple Flag Precious Metals (TFPM) Net Margin (2022 - 2026)
Triple Flag Precious Metals (TFPM) reported Net Margin of 120.96% for Q2 2026, up 61.73 percentage points from 59.24% a year earlier and up 41.42 percentage points from the prior quarter.
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Analysis
Triple Flag Precious Metals (TFPM) Net Margin (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Triple Flag Precious Metals' Net Margin came in at 84.32%, up 31.21 percentage points year-over-year; for FY2025, it was 61.74%, up 70.33 percentage points from FY2024.
- Net Margin has a four-year change of +23.82 percentage points (FY2021 to FY2025).
- By year, Net Margin came in at -8.58% in FY2024 (-26.36 pp), 17.78% in FY2023 (-29.37 pp), 47.15% in FY2022 (+9.22 pp) and 37.93% in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Net Margin in data going back to Q3 2021.
- Year over year, Net Margin has now increased in each of the last five quarters, with an average year-over-year change of +63.52 percentage points over the last seven quarters.
- The high point for year-over-year Net Margin in five years was Q2 2025 (a gain of 234.51 percentage points); the low point was Q2 2024 (a drop of 205.76 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 79.55% (Q1 2026), 64.61% (Q4 2025) and 66.25% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.92 Bn | 121.05 Bn | - | 27.02% |
| 2 | Spdr Gold Trust | 136.71 Bn | -421.29 Bn | - | - |
| 3 | Blackstone | 88.22 Bn | 78.20 Bn | - | 24.37% |
| 4 | Brookfield | 83.92 Bn | -99.40 Bn | - | 1.66% |
| 5 | Kkr | 79.85 Bn | -3.72 Mn | - | 11.53% |
| 6 | Brookfield Asset Management | 73.42 Bn | 68.22 Bn | - | 51.57% |
| 7 | Apollo Global Management | 65.92 Bn | -16.87 Bn | 10.56 Bn | 11.98% |
| 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 | 60.94% |
| 10 | Triple Flag Precious Metals | 6.24 Bn | 5.83 Bn | 88.25 Mn | 120.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 120.96% |
| Mar 31, 2026 | 79.55% |
| Jun 30, 2025 | 59.24% |
| Mar 31, 2025 | 55.35% |
| Dec 31, 2024 | -137.71% |
| Sep 30, 2024 | 40.19% |
| Jun 30, 2024 | -175.27% |
| Dec 31, 2023 | -34.74% |
| Sep 30, 2023 | -12.22% |
| Jun 30, 2023 | 30.49% |
| Jun 30, 2022 | 29.93% |
| Mar 31, 2022 | 42.08% |
API Access
Triple Flag Precious Metals Net 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=net-margin&ticker=TFPM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=TFPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();