Americas Gold & Silver (USAS) Operating Margin (2016 - 2026)
Americas Gold & Silver (USAS) posted Operating Margin of 67.53% for the quarter ended Jun 30, 2026, up 28.70 percentage points from 38.83% a year earlier but down 9.78 percentage points from the prior quarter.
Americas Gold & Silver (USAS) Operating Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Americas Gold & Silver was 44.41%, up 26.77 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 7.47%, up 4.89 percentage points from the prior year.
- Annual Operating Margin shows a five-year change of -29.97 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Americas Gold & Silver's Operating Margin was 2.58% in the year ended Dec 31, 2024 (-19.01 pp), 21.58% in the year ended Dec 31, 2023 (-24.91 pp), 46.49% in the year ended Dec 31, 2022 (-28.00 pp) and 74.49% in the year ended Dec 31, 2021 (+37.05 pp).
- Quarterly Operating Margin has run from a low of -15.95% in the quarter ended Dec 31, 2025 to a high of 88.42% in the quarter ended Sep 30, 2022 over five years.
- On a year-over-year basis, Operating Margin increased in four of the last eight quarters, with an average year-over-year change of +4.50 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was the quarter ended Sep 30, 2022, with a gain of 100.44 percentage points; the weakest was the quarter ended Mar 31, 2022, with a drop of 255.00 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 77.32% (quarter ended Mar 31, 2026), -15.95% (quarter ended Dec 31, 2025) and 9.20% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 164.24 Bn | 143.03 Bn | 2.90 Bn | 61.16% |
| 3 | Rio Tinto | 141.58 Bn | 102.09 Bn | - | - |
| 4 | Newmont | 124.17 Bn | 92.18 Bn | 4.03 Bn | 16.48% |
| 5 | Freeport-Mcmoran | 98.56 Bn | 82.60 Bn | 2.19 Bn | 28.50% |
| 6 | Agnico Eagle Mines | 93.87 Bn | 83.50 Bn | 2.43 Bn | 60.65% |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 51.63% |
| 8 | Nucor | 59.81 Bn | 49.19 Bn | 2.03 Bn | 15.67% |
| 9 | ArcelorMittal | 48.19 Bn | 27.21 Bn | - | 6.29% |
| 10 | Americas Gold & Silver | 953.06 Mn | 572.86 Mn | 22.23 Mn | 67.53% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 67.53% |
| Mar 31, 2026 | 77.32% |
| Dec 31, 2025 | -124.42% |
| Sep 30, 2025 | 9.20% |
| Jun 30, 2025 | 38.83% |
| Mar 31, 2025 | 43.25% |
| Dec 31, 2024 | 70.85% |
| Sep 30, 2024 | -2.43% |
| Jun 30, 2024 | 42.93% |
| Mar 31, 2024 | 11.93% |
| Dec 31, 2023 | -48.18% |
| Sep 30, 2023 | 16.71% |
| Jun 30, 2023 | 28.23% |
| Mar 31, 2023 | 33.11% |
| Dec 31, 2022 | -106.96% |
| Sep 30, 2022 | 13.07% |
| Jun 30, 2022 | 26.04% |
| Mar 31, 2022 | 51.26% |
| Dec 31, 2021 | -172.86% |
| Sep 30, 2021 | -15.30% |
Americas Gold & Silver Operating 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=operating-margin&ticker=USAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "USAS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=USAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();