EVN AG (HAM:EVN) Gross Margin %: 48.46% (As of Mar. 2026) — 18% Above Median


HAM:EVN EVN AG HAM:EVN
73 GF Score
Price €28.50
GF Value €23.21
! 5 Warning Signs
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What is EVN AG Gross Margin %?

EVN AG HAM:EVN -0.18% 73 Gross Margin % is 48.46% as of Mar. 2026, which is 18% above its 10-year median of 41.15. GuruFocus rates HAM:EVN with a GF Score™ of 73/100 and a GF Value™ of €23.21. The stock has 5 warning signs investors should review. Among 491 Utilities - Regulated companies, EVN AG ranks better than 67.41% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. EVN AG's Gross Profit for the three months ended in Mar. 2026 was €463 Mil. EVN AG's Revenue for the three months ended in Mar. 2026 was €956 Mil. Therefore, EVN AG's Gross Margin % for the quarter that ended in Mar. 2026 was 48.46%.


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

HAM:EVN' s Gross Margin % Range Over the Past 10 Years
Min: 26.83   Med: 41.15   Max: 43.49
Current: 39.92


During the past 13 years, the highest Gross Margin % of EVN AG was 43.49%. The lowest was 26.83%. And the median was 41.15%.

HAM:EVN's Gross Margin % is ranked better than
67.41% of 491 companies
in the Utilities - Regulated industry
Industry Median: 30.95 vs HAM:EVN: 39.92

EVN AG had a gross margin of 48.46% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for EVN AG was 2.30% per year.


EVN AG  (HAM:EVN) 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

EVN AG had a gross margin of 48.46% 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.


EVN AG Gross Margin % Related Terms


EVN AG Gross Margin % Historical Data

* Premium members only.

The historical data trend for EVN 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.

EVN AG Gross Margin % Chart

EVN AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.57 26.83 38.45 43.49 40.85

EVN 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 46.03 54.11 11.30 41.39 48.46

HAM:EVN vs SRE, AES: Gross Margin % Comparison

For the Utilities - Diversified subindustry, EVN 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.


EVN AG Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EVN AG's Gross Margin % distribution charts can be found below:

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


HAM:EVN
73GF Score
EVN AG HAM:EVN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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EVN AG Gross Margin % Calculation

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

EVN AG's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=1225.6 / 3000
=(Revenue - Cost of Goods Sold) / Revenue
=(3000 - 1774.4) / 3000
=40.85 %

EVN 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 )
=463.4 / 956.3
=(Revenue - Cost of Goods Sold) / Revenue
=(956.3 - 492.9) / 956.3
=48.46 %

* 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 48.46% mean?
EVN AG (HAM:EVN) has a Gross Margin % of 48.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on EVN AG and its competitors. This is 18% above median its historical median of 41.15. Over the past decade, EVN AG's Gross Margin % has ranged from 26.83 to 43.49. According to the industry distribution chart, EVN AG ranks #160 out of 491 companies in the Utilities - Regulated industry, placing it in the top 32.6%.
Is EVN AG's Gross Margin % too high?
EVN AG's current Gross Margin % of 48.46% is 18% above median its 10-year median of 41.15. Over the past 10 years, this metric has ranged from a low of 26.83 to a high of 43.49. The Utilities - Regulated industry median Gross Margin % is 30.95. EVN AG's value of 48.46% is 56.6% above this industry median. Based on the distribution chart, EVN AG ranks #160 out of 491 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, EVN AG has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does EVN AG's Gross Margin % compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, EVN AG ranks #160 out of 491 companies for Gross Margin %. This puts EVN AG in the upper half of its industry. The industry median Gross Margin % is 30.95. EVN AG's value of 48.46% is 56.6% above this benchmark. Historically, EVN AG's own Gross Margin % has ranged from 26.83 to 43.49 over the past decade. While the company's 10-year median is 41.15 vs. the industry median of 30.95, EVN 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 an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.95, based on 491 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. EVN AG's current Gross Margin % of 48.46% is 56.6% 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 EVN AG and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EVN AG's current Gross Margin % is 48.46%, which is 18% above median its own 10-year median of 41.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EVN AG stock overvalued right now?
EVN AG (HAM:EVN) has a current Gross Margin % of 48.46%. The stock's GF Value™ is €23.21, compared to a current price of €28.50 — trading 22.8% above its estimated fair value. The current Gross Margin % is 48.46%, which is 18% above median its 10-year median of 41.15 and 56.6% above the Utilities - Regulated industry median of 30.95. EVN AG's overall GF Score™ is 73/100 with 5 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 EVN AG (HAM:EVN), the current Gross Margin % is 48.46% 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 EVN AG (HAM:EVN) Overvalued in 2026?

Based on GuruFocus' analysis, EVN AG stock appears to be overvalued. The current stock price of €28.50 is trading 22.8% above its estimated GF Value™ of €23.21.

Key valuation signals for HAM:EVN:

  • Gross Margin %: 48.46% (18% above median its 10-year median of 41.15)
  • GF Value™: €23.21 vs. price of €28.50 (22.8% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 56.6% above the Utilities - Regulated median (#160 of 491)

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


EVN AG Business Description

Address EVN Platz, Maria Enzersdorf, AUT, A-2344
EVN AG is an Austrian-based utilities company that generates and distributes electricity and operates in natural gas, waste management, water supply, wastewater treatment and thermal waste utilization service. Evn operates in Austria, Bulgaria, North Macedonia, Croatia, Albania, and Germany. The company's operations are divided into segments that include Energy, Generation, Networks, South East Europe, Environment and All Other Segments, out of which South East Europe generates maximum revenue. The company earns majority revenue from Austria.
73GF Score

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

€28.50
Price
€23.21
GF Value