Triple Flag Precious Metals (TFPM) Net Margin (2021 - 2026)
Triple Flag Precious Metals (TFPM) reported Net Margin of 79.55% for Q1 2026, up 2420.0% on a YoY basis from 3.16% in Q1 2025, and down 9.4% quarter-over-quarter from 87.8% in Q4 2025.
Triple Flag Precious Metals (TFPM) Net Margin (2021 - 2026) Analysis & Trends
Triple Flag Precious Metals has reported Net Margin for 6 years, with the latest figure at 79.55% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 2420.0% year-over-year to 79.55%; the trailing twelve-month figure through Mar 2026 stood at 73.59% (up 8121.0% YoY), and the FY2025 full-year result was 86.27%, up 9802.0% from the prior year.
- Net Margin for Q1 2026 stood at 79.55%, down from 87.8% in the prior quarter.
- The five-year high for Net Margin was 87.8% in Q4 2025, with the low at 174.45% in Q2 2024.
- Historically, Net Margin has averaged 33.35% across 5 years, with a median of 45.64% in 2022.
- Annual changes were most pronounced in 2024 — Net Margin plunged 20803 bps — and 2025, when it jumped 23369 bps.
- Triple Flag Precious Metals' Net Margin stood at 34.1% in 2022, then tumbled by 38 bps to 21.01% in 2023, then jumped by 243 bps to 71.97% in 2024, then grew by 22 bps to 87.8% in 2025, then fell by 9 bps to 79.55% in 2026.
- The last three Net Margin figures came in at 79.55% (Q1 2026), 87.8% (Q4 2025), and 66.25% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | 79.55% |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | 47.67% |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | -4.66% |
| 4 | Perpetua Resources | 2.83 Bn | 2.83 Bn | - | - |
| 5 | Versamet Royalties | 2.41 Bn | 2.40 Bn | - | - |
| 6 | Metalla Royalty & Streaming | 2.10 Bn | 2.09 Bn | 2.79 Mn | - |
| 7 | Sibanye Stillwater | 1.84 Bn | 838.91 Mn | - | - |
| 8 | Avino Silver & Gold Mines | 1.57 Bn | 1.43 Bn | - | - |
| 9 | Solaris Resources | 1.41 Bn | 1.39 Bn | - | - |
| 10 | Platinum Group Metals | 1.34 Bn | 1.36 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.55% |
| Dec 31, 2025 | 87.80% |
| Sep 30, 2025 | 66.25% |
| Jun 30, 2025 | 59.24% |
| Mar 31, 2025 | 55.35% |
| Dec 31, 2024 | 71.97% |
| Sep 30, 2024 | 43.70% |
| Jun 30, 2024 | -174.45% |
| Mar 31, 2024 | 40.33% |
| Dec 31, 2023 | 21.01% |
| Sep 30, 2023 | -26.51% |
| Jun 30, 2023 | 33.58% |
| Dec 31, 2022 | 34.10% |
| Sep 30, 2022 | 47.59% |
| Jun 30, 2022 | 40.71% |
| Mar 31, 2022 | 53.44% |
| Dec 31, 2021 | 45.91% |
| Sep 30, 2021 | 12.88% |