Budapest Stock Exchange (FRA:R0R) Gross Margin %: 66.16% (As of Mar. 2026) — Near Median


FRA:R0R Budapest Stock Exchange PLC FRA:R0R
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What is Budapest Stock Exchange Gross Margin %?

Budapest Stock Exchange FRA:R0R -6.33% 19 Gross Margin % is 66.16% as of Mar. 2026, which is 3% above its 10-year median of 64.39. GuruFocus rates FRA:R0R with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 617 Capital Markets companies, Budapest Stock Exchange ranks better than 67.75% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Budapest Stock Exchange's Gross Profit for the three months ended in Mar. 2026 was €2.49 Mil. Budapest Stock Exchange's Revenue for the three months ended in Mar. 2026 was €3.76 Mil. Therefore, Budapest Stock Exchange's Gross Margin % for the quarter that ended in Mar. 2026 was 66.16%.


The historical rank and industry rank for Budapest Stock Exchange's Gross Margin % or its related term are showing as below:

FRA:R0R' s Gross Margin % Range Over the Past 10 Years
Min: 63.09   Med: 64.39   Max: 67.07
Current: 65.62


During the past 6 years, the highest Gross Margin % of Budapest Stock Exchange was 67.07%. The lowest was 63.09%. And the median was 64.39%.

FRA:R0R's Gross Margin % is ranked better than
67.75% of 617 companies
in the Capital Markets industry
Industry Median: 48.3 vs FRA:R0R: 65.62

Budapest Stock Exchange had a gross margin of 66.16% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Budapest Stock Exchange was 0.00% per year.


Budapest Stock Exchange  (FRA:R0R) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Budapest Stock Exchange had a gross margin of 66.16% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Budapest Stock Exchange Gross Margin % Related Terms


Budapest Stock Exchange Gross Margin % Historical Data

* Premium members only.

The historical data trend for Budapest Stock Exchange's Gross 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.

Budapest Stock Exchange Gross Margin % Chart

Budapest Stock Exchange Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 63.10 67.07 64.39 64.16 65.03

Budapest Stock Exchange Quarterly Data
Dec20 Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross 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 63.94 65.41 62.53 67.98 66.16

FRA:R0R vs SPGI, CME, ICE: Gross Margin % Comparison

For the Financial Data & Stock Exchanges subindustry, Budapest Stock Exchange's Gross Margin %, along with its competitors' market caps and Gross 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.


Budapest Stock Exchange Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Budapest Stock Exchange's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Budapest Stock Exchange's Gross Margin % falls into.


FRA:R0R
19GF Score
Budapest Stock Exchange PLC FRA:R0R
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Budapest Stock Exchange Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Budapest Stock Exchange's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=7.9 / 12.109
=(Revenue - Cost of Goods Sold) / Revenue
=(12.109 - 4.235) / 12.109
=65.03 %

Budapest Stock Exchange's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2.5 / 3.759
=(Revenue - Cost of Goods Sold) / Revenue
=(3.759 - 1.272) / 3.759
=66.16 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 66.16% mean?
Budapest Stock Exchange (FRA:R0R) has a Gross Margin % of 66.16% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Budapest Stock Exchange and its competitors. This is near median its historical median of 64.39. Over the past decade, Budapest Stock Exchange's Gross Margin % has ranged from 63.09 to 67.07. According to the industry distribution chart, Budapest Stock Exchange ranks #199 out of 617 companies in the Capital Markets industry, placing it in the top 32.3%.
Is Budapest Stock Exchange's Gross Margin % too high?
Budapest Stock Exchange's current Gross Margin % of 66.16% is near median its 10-year median of 64.39. Over the past 10 years, this metric has ranged from a low of 63.09 to a high of 67.07. The Capital Markets industry median Gross Margin % is 48.30. Budapest Stock Exchange's value of 66.16% is 37% above this industry median. Based on the distribution chart, Budapest Stock Exchange ranks #199 out of 617 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Budapest Stock Exchange has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Budapest Stock Exchange's Gross Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Budapest Stock Exchange ranks #199 out of 617 companies for Gross Margin %. This puts Budapest Stock Exchange in the upper half of its industry. The industry median Gross Margin % is 48.30. Budapest Stock Exchange's value of 66.16% is 37% above this benchmark. Historically, Budapest Stock Exchange's own Gross Margin % has ranged from 63.09 to 67.07 over the past decade. While the company's 10-year median is 64.39 vs. the industry median of 48.30, Budapest Stock Exchange has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Capital Markets company?
The median Gross Margin % among Capital Markets companies is 48.30, based on 617 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Budapest Stock Exchange's current Gross Margin % of 66.16% is 37% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Budapest Stock Exchange and its competitors. For the Capital Markets industry, the median Gross Margin % is 48.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Budapest Stock Exchange's current Gross Margin % is 66.16%, which is near median its own 10-year median of 64.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Budapest Stock Exchange stock overvalued right now?
Budapest Stock Exchange (FRA:R0R) has a current Gross Margin % of 66.16%. The current Gross Margin % is 66.16%, which is near median its 10-year median of 64.39 and 37% above the Capital Markets industry median of 48.30. Budapest Stock Exchange's overall GF Score™ is 19/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Budapest Stock Exchange (FRA:R0R), the current Gross Margin % is 66.16% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Budapest Stock Exchange Business Description

Other Exchanges BET:Hungary
Address Krisztina korut 55, VI. emelet, Budapest, HUN, 1013
Budapest Stock Exchange PLC is engaged in the money and capital markets in Hungary. The Company provides corporations with opportunities to raise capital and offers investors a wide range of investment instruments. Its activities include listing services, trading services, dissemination of market information, and product development. The Company is a central player in the domestic money and capital market, providing financial resources to companies and promoting their development through financing via the capital sector, while enabling investors to participate in the growth of Hungarian companies and the domestic economy.
19GF Score

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