AARTY (Airtel Africa) Net Margin %: 11.38% (As of Mar. 2026) — 18% Above Median


AARTY Airtel Africa PLC AARTY
55 GF Score
Price $48.15
! 3 Warning Signs
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What is Airtel Africa Net Margin %?

Airtel Africa AARTY 55 Net Margin % is 11.38% as of Mar. 2026, which is 18% above its 10-year median of 9.63. GuruFocus rates AARTY with a GF Score™ of 55/100. The stock has 3 warning signs investors should review. Among 368 Telecommunication Services companies, Airtel Africa ranks better than 67.39% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Airtel Africa's Net Income for the three months ended in Mar. 2026 was $199 Mil. Airtel Africa's Revenue for the three months ended in Mar. 2026 was $1,748 Mil. Therefore, Airtel Africa's net margin for the quarter that ended in Mar. 2026 was 11.38%.

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

AARTY' s Net Margin % Range Over the Past 10 Years
Min: -21.84   Med: 9.63   Max: 13.39
Current: 10.59


AARTY's Net Margin % is ranked better than
67.39% of 368 companies
in the Telecommunication Services industry
Industry Median: 5.455 vs AARTY: 10.59

Airtel Africa  (OTCPK:AARTY) 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.


Airtel Africa Net Margin % Related Terms


Airtel Africa Net Margin % Historical Data

* Premium members only.

The historical data trend for Airtel Africa'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.

Airtel Africa Net Margin % Chart

Airtel Africa Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.39 12.62 -3.31 4.44 10.58

Airtel Africa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.25 8.90 11.30 10.50 11.38

AARTY vs TMUS, VZ, T: Net Margin % Comparison

For the Telecom Services subindustry, Airtel Africa'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.


Airtel Africa Net Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Airtel Africa's Net Margin % distribution charts can be found below:

* The bar in red indicates where Airtel Africa's Net Margin % falls into.


AARTY
55GF Score
Airtel Africa PLC AARTY
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Airtel Africa 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.

Airtel Africa's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=679/6415
=10.58 %

Airtel Africa's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=199/1748
=11.38 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 11.38% mean?
Airtel Africa (AARTY) has a Net Margin % of 11.38% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Airtel Africa and its competitors. This is 18% above median its historical median of 9.63. According to the industry distribution chart, Airtel Africa ranks #120 out of 368 companies in the Telecommunication Services industry, placing it in the top 32.6%.
Is Airtel Africa's Net Margin % too high?
Airtel Africa's current Net Margin % of 11.38% is 18% above median its 10-year median of 9.63. The Telecommunication Services industry median Net Margin % is 5.46. Airtel Africa's value of 11.38% is 108.6% above this industry median. Based on the distribution chart, Airtel Africa ranks #120 out of 368 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Airtel Africa has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Airtel Africa's Net Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Airtel Africa ranks #120 out of 368 companies for Net Margin %. This puts Airtel Africa in the upper half of its industry. The industry median Net Margin % is 5.46. Airtel Africa's value of 11.38% is 108.6% above this benchmark. While the company's 10-year median is 9.63 vs. the industry median of 5.46, Airtel Africa 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 Net Margin % for a Telecommunication Services company?
The median Net Margin % among Telecommunication Services companies is 5.46, based on 368 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airtel Africa's current Net Margin % of 11.38% is 108.6% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Airtel Africa and its competitors. For the Telecommunication Services industry, the median Net Margin % is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airtel Africa's current Net Margin % is 11.38%, which is 18% above median its own 10-year median of 9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtel Africa stock overvalued right now?
Airtel Africa (AARTY) has a current Net Margin % of 11.38%. The current Net Margin % is 11.38%, which is 18% above median its 10-year median of 9.63 and 108.6% above the Telecommunication Services industry median of 5.46. Airtel Africa's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Airtel Africa (AARTY), the current Net Margin % is 11.38% 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.

Airtel Africa Business Description

Address 15 Davies Street, London, GBR, W1K 3DE
Airtel Africa PLC is a telecoms and financial services provider transforming lives across the continent through increased digital and financial inclusion. The principal activities of the Group mainly consist of the provision of telecommunications and mobile money services. Its services include Voice, Data, Mobile money, Enterprise, and Data centers. The Group's operating segments are Nigeria mobile services, East Africa mobile services, Francophone Africa mobile services, and Mobile money. It generates maximum revenue from East Africa mobile services, comprising mobile service operations in Uganda, Kenya, Zambia, Tanzania, Malawi, and Rwanda.
55GF Score

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