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EGO (Eldorado Gold) Net Margin % : 18.72% (As of Jun. 2024)


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What is Eldorado Gold Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Eldorado Gold's Net Income for the three months ended in Jun. 2024 was $55 Mil. Eldorado Gold's Revenue for the three months ended in Jun. 2024 was $296 Mil. Therefore, Eldorado Gold's net margin for the quarter that ended in Jun. 2024 was 18.72%.

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

EGO' s Net Margin % Range Over the Past 10 Years
Min: -321.64   Med: -8.48   Max: 15.76
Current: 15.76


EGO's Net Margin % is ranked better than
84.81% of 869 companies
in the Metals & Mining industry
Industry Median: 0.34 vs EGO: 15.76

Eldorado Gold Net Margin % Historical Data

The historical data trend for Eldorado Gold'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.

Eldorado Gold Net Margin % Chart

Eldorado Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.08 12.16 -14.42 -40.60 10.36

Eldorado Gold Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Net Margin % Get a 7-Day Free Trial 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 0.38 -3.25 30.71 13.12 18.72

Competitive Comparison of Eldorado Gold's Net Margin %

For the Gold subindustry, Eldorado Gold'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.


Eldorado Gold's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Eldorado Gold's Net Margin % falls into.



Eldorado Gold 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.

Eldorado Gold'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 )
=104.63/1010.099
=10.36 %

Eldorado Gold's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=55.48/296.308
=18.72 %

* 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.


Eldorado Gold  (NYSE:EGO) 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.


Eldorado Gold Net Margin % Related Terms

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Eldorado Gold Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 1188, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects.