Triple Flag Precious Metals (TFPM) Operating Margin (2021 - 2026)
Triple Flag Precious Metals (TFPM) reported Operating Margin of 66.94% for Q1 2026, up 1277.0% on a YoY basis from 4.86% in Q1 2025, and up 21.87% quarter-over-quarter from 54.93% in Q4 2025.
Triple Flag Precious Metals (TFPM) Operating Margin (2021 - 2026) Analysis & Trends
Triple Flag Precious Metals has reported Operating Margin for 6 years, with the latest figure at 66.94% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 1277.0% year-over-year to 66.94%; the trailing twelve-month figure through Mar 2026 stood at 60.4% (up 7249.0% YoY), and the FY2025 full-year result was 56.81%, up 6349.0% from the prior year.
- Operating Margin for Q1 2026 stood at 66.94%, up from 54.93% in the prior quarter.
- The five-year high for Operating Margin was 66.94% in Q1 2026, with the low at 174.15% in Q2 2024.
- Historically, Operating Margin has averaged 29.45% across 5 years, with a median of 45.13% in 2022.
- Annual changes were most pronounced in 2024 — Operating Margin slumped 21405 bps — and 2025, when it surged 23200 bps.
- Triple Flag Precious Metals' Operating Margin stood at 34.67% in 2022, then plunged by 34 bps to 22.87% in 2023, then soared by 144 bps to 55.77% in 2024, then retreated by 2 bps to 54.93% in 2025, then rose by 22 bps to 66.94% in 2026.
- The last three Operating Margin figures came in at 66.94% (Q1 2026), 54.93% (Q4 2025), and 60.48% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | 66.94% |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | 47.67% |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | 54.23% |
| 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 | 66.94% |
| Dec 31, 2025 | 54.93% |
| Sep 30, 2025 | 60.48% |
| Jun 30, 2025 | 57.85% |
| Mar 31, 2025 | 54.17% |
| Dec 31, 2024 | 55.77% |
| Sep 30, 2024 | 41.63% |
| Jun 30, 2024 | -174.15% |
| Mar 31, 2024 | 35.96% |
| Dec 31, 2023 | 22.87% |
| Sep 30, 2023 | -15.59% |
| Jun 30, 2023 | 39.89% |
| Dec 31, 2022 | 34.67% |
| Sep 30, 2022 | 44.87% |
| Jun 30, 2022 | 45.40% |
| Mar 31, 2022 | 45.51% |
| Dec 31, 2021 | 42.51% |
| Sep 30, 2021 | 42.95% |