Triple Flag Precious Metals TFPM
NYSE TFPM
$33.29 -0.61 (-1.80%)
As of: Sep 10, 2026 · 11:34 AM EDT

Triple Flag Precious Metals (TFPM) Operating Margin (2021 - 2026)

Triple Flag Precious Metals' (TFPM) quarterly Operating Margin came in at 65.28% in Q2 2026, up 744.0% on a YoY basis from 7.74% in Q2 2025, and down 2.47% quarter-over-quarter from 66.94% in Q1 2026.

Analysis

Triple Flag Precious Metals (TFPM) Operating Margin (2021 - 2026) Analysis & Trends

Triple Flag Precious Metals (TFPM) has reported Operating Margin for 6 consecutive years, with 65.28% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Margin rose 744.0% year-over-year to 65.28%; the trailing twelve-month figure through Jun 2026 stood at 62.34% (up 959.0% YoY), and the FY2025 full-year result was 56.81%, up 6349.0% from the prior year.
  • Operating Margin slipped to 65.28% in Q2 2026 per TFPM's latest filing, from 66.94% in the prior quarter.
  • Across five years, Operating Margin topped out at 66.94% in Q1 2026 and bottomed at 174.15% in Q2 2024.
  • Historically, Operating Margin has averaged 32.85% across 5 years, with a median of 45.45% in 2022.
  • The sharpest annual moves came in 2024 and 2025: Operating Margin tumbled 21405 bps in 2024, then soared 23200 bps in 2025.
  • Over 5 years, Operating Margin stood at 34.67% in 2022, then plunged by 33 bps to 23.24% in 2023, then soared by 140 bps to 55.77% in 2024, then retreated by 2 bps to 54.93% in 2025, then increased by 19 bps to 65.28% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 65.28%, 66.94%, and 54.93% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Blackstone 101.92 Bn 99.41 Bn - -
2 Kkr 91.13 Bn -185.94 Bn - 35.61%
3 Apollo Global Management 76.75 Bn 51.38 Bn 10.54 Bn 47.97%
4 Brookfield Asset Management 75.92 Bn 74.41 Bn - -
5 Wheaton Precious Metals 69.49 Bn 69.39 Bn 687.86 Mn 71.79%
6 Franco Nevada 50.72 Bn 49.18 Bn 451.00 Mn 76.73%
7 Brookfield 37.98 Bn 7.42 Bn 19.38 Bn 176.87%
8 Ares Management 30.21 Bn 30.21 Bn - -
9 Carlyle 15.63 Bn 14.37 Bn - -
10 Triple Flag Precious Metals 6.78 Bn 6.76 Bn 88.25 Mn 65.28%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 65.28%
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 48.45%
Dec 31, 2023 23.24%
Sep 30, 2023 -15.59%
Jun 30, 2023 39.89%
Mar 31, 2023 42.03%
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%