GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lundin Mining Corp (TSX:LUN) » Definitions » Net Margin %

Lundin Mining (TSX:LUN) Net Margin %

: 3.66% (As of Dec. 2023)
View and export this data going back to 2004. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. Lundin Mining's Net Income for the three months ended in Dec. 2023 was C$52 Mil. Lundin Mining's Revenue for the three months ended in Dec. 2023 was C$1,422 Mil. Therefore, Lundin Mining's net margin for the quarter that ended in Dec. 2023 was 3.66%.

The historical rank and industry rank for Lundin Mining's Net Margin % or its related term are showing as below:

TSX:LUN' s Net Margin % Range Over the Past 10 Years
Min: -42.81   Med: 10.1   Max: 23.44
Current: 7.15


TSX:LUN's Net Margin % is ranked better than
71.59% of 859 companies
in the Metals & Mining industry
Industry Median: 0.37 vs TSX:LUN: 7.15

Lundin Mining Net Margin % Historical Data

The historical data trend for Lundin Mining's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lundin Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.84 8.27 23.44 14.04 7.12

Lundin Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.94 19.51 10.04 -0.30 3.66

Competitive Comparison

For the Copper subindustry, Lundin Mining's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lundin Mining Net Margin % Distribution

For the Metals & Mining industry and Basic Materials sector, Lundin Mining's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lundin Mining's Net Margin % falls into.



Lundin Mining Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Lundin Mining's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=324.08/4550.811
=7.12 %

Lundin Mining's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=52.05/1422.105
=3.66 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lundin Mining  (TSX:LUN) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Lundin Mining Net Margin % Related Terms

Thank you for viewing the detailed overview of Lundin Mining's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lundin Mining (TSX:LUN) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

Lundin Mining (TSX:LUN) Headlines

No Headlines