DO AG (HAM:DOQ) Gross Margin %: 42.21% (As of Mar. 2026) — 68% Above Median


HAM:DOQ DO & Co AG HAM:DOQ
72 GF Score
Price €216.50
GF Value €204.65
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is DO AG Gross Margin %?

DO AG HAM:DOQ +2.36% 72 Gross Margin % is 42.21% as of Mar. 2026, which is 68% above its 10-year median of 25.07. GuruFocus rates HAM:DOQ with a GF Score™ of 72/100 and a GF Value™ of €204.65 (Fairly Valued). The stock has 3 warning signs investors should review. Among 985 Transportation companies, DO AG ranks better than 63.86% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. DO AG's Gross Profit for the three months ended in Mar. 2026 was €251 Mil. DO AG's Revenue for the three months ended in Mar. 2026 was €594 Mil. Therefore, DO AG's Gross Margin % for the quarter that ended in Mar. 2026 was 42.21%.


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

HAM:DOQ' s Gross Margin % Range Over the Past 10 Years
Min: 10.25   Med: 25.07   Max: 27.23
Current: 27.23


During the past 13 years, the highest Gross Margin % of DO AG was 27.23%. The lowest was 10.25%. And the median was 25.07%.

HAM:DOQ's Gross Margin % is ranked better than
63.86% of 985 companies
in the Transportation industry
Industry Median: 20.42 vs HAM:DOQ: 27.23

DO AG had a gross margin of 42.21% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for DO AG was 17.30% per year.


DO AG  (HAM:DOQ) 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

DO AG had a gross margin of 42.21% 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.


DO AG Gross Margin % Related Terms


DO AG Gross Margin % Historical Data

* Premium members only.

The historical data trend for DO AG'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.

DO AG Gross Margin % Chart

DO AG Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.53 24.28 27.03 26.34 27.23

DO AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.34 22.06 22.67 22.63 42.21

HAM:DOQ vs JOBY, CAAP: Gross Margin % Comparison

For the Airports & Air Services subindustry, DO AG'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.


DO AG Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, DO AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where DO AG's Gross Margin % falls into.


HAM:DOQ
72GF Score
DO & Co AG HAM:DOQ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DO AG Gross Margin % Calculation

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

DO AG's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=670.2 / 2461.59
=(Revenue - Cost of Goods Sold) / Revenue
=(2461.59 - 1791.4) / 2461.59
=27.23 %

DO AG'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 )
=250.9 / 594.47
=(Revenue - Cost of Goods Sold) / Revenue
=(594.47 - 343.57) / 594.47
=42.21 %

* 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 42.21% mean?
DO AG (HAM:DOQ) has a Gross Margin % of 42.21% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on DO AG and its competitors. This is 68% above median its historical median of 25.07. Over the past decade, DO AG's Gross Margin % has ranged from 10.25 to 27.23. According to the industry distribution chart, DO AG ranks #356 out of 985 companies in the Transportation industry, placing it in the top 36.1%.
Is DO AG's Gross Margin % too high?
DO AG's current Gross Margin % of 42.21% is 68% above median its 10-year median of 25.07. Over the past 10 years, this metric has ranged from a low of 10.25 to a high of 27.23. The Transportation industry median Gross Margin % is 20.42. DO AG's value of 42.21% is 106.7% above this industry median. Based on the distribution chart, DO AG ranks #356 out of 985 companies in the Transportation industry, which is above the industry midpoint. Overall, DO AG has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DO AG's Gross Margin % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, DO AG ranks #356 out of 985 companies for Gross Margin %. This puts DO AG in the upper half of its industry. The industry median Gross Margin % is 20.42. DO AG's value of 42.21% is 106.7% above this benchmark. Historically, DO AG's own Gross Margin % has ranged from 10.25 to 27.23 over the past decade. While the company's 10-year median is 25.07 vs. the industry median of 20.42, DO AG 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 985 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. DO AG's current Gross Margin % of 42.21% is 106.7% 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 DO AG and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DO AG's current Gross Margin % is 42.21%, which is 68% above median its own 10-year median of 25.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DO AG stock overvalued right now?
Based on GuruFocus' analysis, DO AG (HAM:DOQ) is currently considered Fairly Valued. The stock's GF Value™ is €204.65, compared to a current price of €216.50 — trading 5.8% above its estimated fair value. The current Gross Margin % is 42.21%, which is 68% above median its 10-year median of 25.07 and 106.7% above the Transportation industry median of 20.42. DO AG's overall GF Score™ is 72/100 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 DO AG (HAM:DOQ), the current Gross Margin % is 42.21% 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.

Is DO AG (HAM:DOQ) Overvalued in 2026?

Based on GuruFocus' analysis, DO AG stock appears to be overvalued. The current stock price of €216.50 is trading 5.8% above its estimated GF Value™ of €204.65. GuruFocus considers DO AG to be Fairly Valued.

Key valuation signals for HAM:DOQ:

  • Gross Margin %: 42.21% (68% above median its 10-year median of 25.07)
  • GF Value™: €204.65 vs. price of €216.50 (5.8% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 106.7% above the Transportation median (#356 of 985)

No single metric tells the full story. See the HAM:DOQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DO AG Business Description

Address Stephansplatz 12, Vienna, AUT, 1010
DO & Co AG is a gourmet entertainment company. It is active in three business segments: Airline Catering, International Events Catering, and Restaurants, Lounges, and Hotels. The majority of its revenue is generated from the Airline Catering segment, which includes operating gourmet kitchens at various international airports. Its clientele includes players such as Austrian Airlines, British Airways, Cathay Pacific, China Airlines, Delta Air Lines, Emirates, Etihad Airways, EVA Air, Egypt Air, Iberia, Iberia Express, JetBlue, Korean Air, LOT Polish Airlines, Oman Air, Pegasus Airlines, Qatar Airways, Singapore Airlines, Thai Airways and Turkish Airlines. It has presence in Turkiye, Austria, Great Britain, Germany, USA, Spain, other countries of which majority of revenue is from Turkiye.
72GF Score

Get the complete analysis for HAM:DOQ

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€216.50
Price
€204.65
GF Value