Trx Gold (TRX) Operating Margin (2022 - 2026)
Trx Gold (TRX) posted Operating Margin of 82.36% for Q1 2026, up 21.57% quarter-over-quarter from 67.74% in Q4 2025, and up 1527.0% year-on-year from 5.06% in Q1 2025.
Trx Gold (TRX) Operating Margin (2022 - 2026) Analysis & Trends
Trx Gold (TRX) has reported Operating Margin for 5 consecutive years, with 82.36% the latest figure, recorded in Q1 2026.
- Operating Margin for Q1 2026 came in at 82.36%, up 1527.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 52.64% (up 2207.0% YoY), and the FY2025 annual result was 27.74%, down 64000.0% from the prior year.
- Operating Margin was 82.36% for Q1 2026 at Trx Gold, up from 67.74% in the prior quarter.
- Over five years, Operating Margin peaked at 125.01% in Q1 2022 and troughed at 98.53% in Q3 2023.
- Average Operating Margin over 5 years is 47.15%, with a median of 62.41% recorded in 2023.
- Year-over-year, Operating Margin sank 15459 bps in 2023 and soared 5695 bps in 2024.
- Over 5 years, Operating Margin stood at 75.53% in 2022, then slipped by 17 bps to 63.03% in 2023, then decreased by 9 bps to 57.19% in 2024, then advanced by 18 bps to 67.74% in 2025, then advanced by 22 bps to 82.36% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 82.36% in Q1 2026, 67.74% in Q4 2025, and 8.19% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 58.20% |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 82.36% |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 60.86% |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | 105.11% |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 74.85% |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | 51.44% |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 79.47% |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 55.58% |
| 10 | Pan American Silver | 18.70 Bn | 17.09 Bn | 608,000.00 | 55.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 82.36% |
| Nov 30, 2025 | 67.74% |
| Aug 31, 2025 | -8.19% |
| May 31, 2025 | 55.66% |
| Feb 28, 2025 | 67.09% |
| Nov 30, 2024 | 57.19% |
| Aug 31, 2024 | -41.58% |
| May 31, 2024 | 61.79% |
| Feb 29, 2024 | 63.11% |
| Nov 30, 2023 | 63.03% |
| Aug 31, 2023 | -98.53% |
| May 31, 2023 | 59.21% |
| Feb 28, 2023 | 68.86% |
| Nov 30, 2022 | 75.53% |
| Aug 31, 2022 | 56.06% |
| Feb 28, 2022 | 125.01% |