Trx Gold (TRX) Gross Margin (2022 - 2026)
Trx Gold (TRX) posted Gross Margin of 59.21% for the quarter ended May 31, 2026, up 24.07 percentage points from 35.14% a year earlier but down 2.58 percentage points from the prior quarter.
Trx Gold (TRX) Gross Margin (2022 - 2026) Analysis & Trends
For the trailing twelve months through May 31, 2026, Gross Margin at Trx Gold was 58.24%, up 20.64 percentage points year-over-year; for the year ended Aug 31, 2025, it came in at 41.55%, down 2.01 percentage points from the prior year.
- Annual Gross Margin has declined for three consecutive years, with a three-year change of -20.59 percentage points (years ended Aug 2022 to Aug 2025).
- In prior years, Trx Gold's Gross Margin was 43.56% in the year ended Aug 31, 2024 (-3.92 pp), 47.48% in the year ended Aug 31, 2023 (-14.66 pp) and 62.14% in the year ended Aug 31, 2022.
- Quarterly Gross Margin has run from a low of 23.54% in the quarter ended Feb 28, 2025 to a high of 73.10% in the quarter ended May 31, 2022 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last four quarters, with an average year-over-year change of +7.91 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was the quarter ended Feb 28, 2026, with a gain of 38.24 percentage points; the weakest was the quarter ended May 31, 2023, with a drop of 31.42 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 61.79% (quarter ended Feb 28, 2026), 56.60% (quarter ended Nov 30, 2025) and 53.51% (quarter ended Aug 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 67.60% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 65.87% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 21.68% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 31.10% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 54.74% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 19.56% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | - |
| 10 | Trx Gold | 56.97 Mn | 19.99 Mn | 19.45 Mn | 59.21% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 59.21% |
| Feb 28, 2026 | 61.79% |
| Nov 30, 2025 | 56.60% |
| Aug 31, 2025 | 53.51% |
| May 31, 2025 | 35.14% |
| Feb 28, 2025 | 23.54% |
| Nov 30, 2024 | 38.59% |
| Aug 31, 2024 | 48.36% |
| May 31, 2024 | 42.90% |
| Feb 29, 2024 | 40.98% |
| Nov 30, 2023 | 39.53% |
| Aug 31, 2023 | 44.43% |
| May 31, 2023 | 41.68% |
| Feb 28, 2023 | 48.71% |
| Nov 30, 2022 | 54.64% |
| Aug 31, 2022 | 54.71% |
| May 31, 2022 | 73.10% |
| Feb 28, 2022 | 56.72% |
Trx Gold Gross 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=gross-margin&ticker=TRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();