B3 - Brasil Bolsa Balcao (BSP:B3SA3) Net Margin %: 51.43% (As of Mar. 2026) — 11% Above Median


BSP:B3SA3 B3 SA - Brasil Bolsa Balcao BSP:B3SA3
88 GF Score
Price R$15.03
GF Value R$16.41
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is B3 - Brasil Bolsa Balcao Net Margin %?

B3 - Brasil Bolsa Balcao BSP:B3SA3 +2.11% 88 Net Margin % is 51.43% as of Mar. 2026, which is 11% above its 10-year median of 46.43. GuruFocus rates BSP:B3SA3 with a GF Score™ of 88/100 and a GF Value™ of R$16.41 (Fairly Valued). The stock has 7 warning signs investors should review. Among 774 Capital Markets companies, B3 - Brasil Bolsa Balcao ranks better than 82.95% on this metric.

Net margin is calculated as Net Income divided by its Revenue. B3 - Brasil Bolsa Balcao's Net Income for the three months ended in Mar. 2026 was R$1,477 Mil. B3 - Brasil Bolsa Balcao's Revenue for the three months ended in Mar. 2026 was R$2,872 Mil. Therefore, B3 - Brasil Bolsa Balcao's net margin for the quarter that ended in Mar. 2026 was 51.43%.

The historical rank and industry rank for B3 - Brasil Bolsa Balcao's Net Margin % or its related term are showing as below:

BSP:B3SA3' s Net Margin % Range Over the Past 10 Years
Min: 35.29   Med: 46.43   Max: 62.32
Current: 46.98


BSP:B3SA3's Net Margin % is ranked better than
82.95% of 774 companies
in the Capital Markets industry
Industry Median: 14.305 vs BSP:B3SA3: 46.98

B3 - Brasil Bolsa Balcao  (BSP:B3SA3) 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.


B3 - Brasil Bolsa Balcao Net Margin % Related Terms


B3 - Brasil Bolsa Balcao Net Margin % Historical Data

* Premium members only.

The historical data trend for B3 - Brasil Bolsa Balcao'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.

B3 - Brasil Bolsa Balcao Net Margin % Chart

B3 - Brasil Bolsa Balcao Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.04 46.51 46.34 48.54 45.55

B3 - Brasil Bolsa Balcao 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 46.32 52.15 50.13 34.23 51.43

BSP:B3SA3 vs SPGI, CME, ICE: Net Margin % Comparison

For the Financial Data & Stock Exchanges subindustry, B3 - Brasil Bolsa Balcao'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.


B3 - Brasil Bolsa Balcao Net Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, B3 - Brasil Bolsa Balcao's Net Margin % distribution charts can be found below:

* The bar in red indicates where B3 - Brasil Bolsa Balcao's Net Margin % falls into.


BSP:B3SA3
88GF Score
B3 SA - Brasil Bolsa Balcao BSP:B3SA3
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

B3 - Brasil Bolsa Balcao 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.

B3 - Brasil Bolsa Balcao's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=4585.619/10067.381
=45.55 %

B3 - Brasil Bolsa Balcao'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 )
=1476.968/2871.775
=51.43 %

* 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 51.43% mean?
B3 - Brasil Bolsa Balcao (BSP:B3SA3) has a Net Margin % of 51.43% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on B3 - Brasil Bolsa Balcao and its competitors. This is 11% above median its historical median of 46.43. Over the past decade, B3 - Brasil Bolsa Balcao's Net Margin % has ranged from 35.29 to 62.32. According to the industry distribution chart, B3 - Brasil Bolsa Balcao ranks #132 out of 774 companies in the Capital Markets industry, placing it in the top 17.1%.
Is B3 - Brasil Bolsa Balcao's Net Margin % too high?
B3 - Brasil Bolsa Balcao's current Net Margin % of 51.43% is 11% above median its 10-year median of 46.43. Over the past 10 years, this metric has ranged from a low of 35.29 to a high of 62.32. The Capital Markets industry median Net Margin % is 14.31. B3 - Brasil Bolsa Balcao's value of 51.43% is 259.5% above this industry median. Based on the distribution chart, B3 - Brasil Bolsa Balcao ranks #132 out of 774 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, B3 - Brasil Bolsa Balcao has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does B3 - Brasil Bolsa Balcao's Net Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, B3 - Brasil Bolsa Balcao ranks #132 out of 774 companies for Net Margin %. This places B3 - Brasil Bolsa Balcao in the top 17% of its industry — outperforming the majority of peers. The industry median Net Margin % is 14.31. B3 - Brasil Bolsa Balcao's value of 51.43% is 259.5% above this benchmark. Historically, B3 - Brasil Bolsa Balcao's own Net Margin % has ranged from 35.29 to 62.32 over the past decade. While the company's 10-year median is 46.43 vs. the industry median of 14.31, B3 - Brasil Bolsa Balcao 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 Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.31, based on 774 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. B3 - Brasil Bolsa Balcao's current Net Margin % of 51.43% is 259.5% 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 B3 - Brasil Bolsa Balcao and its competitors. For the Capital Markets industry, the median Net Margin % is 14.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B3 - Brasil Bolsa Balcao's current Net Margin % is 51.43%, which is 11% above median its own 10-year median of 46.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B3 - Brasil Bolsa Balcao stock overvalued right now?
Based on GuruFocus' analysis, B3 - Brasil Bolsa Balcao (BSP:B3SA3) is currently considered Fairly Valued. The stock's GF Value™ is R$16.41, compared to a current price of R$15.03 — trading 8.4% below its estimated fair value. The current Net Margin % is 51.43%, which is 11% above median its 10-year median of 46.43 and 259.5% above the Capital Markets industry median of 14.31. B3 - Brasil Bolsa Balcao's overall GF Score™ is 88/100 with 7 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 B3 - Brasil Bolsa Balcao (BSP:B3SA3), the current Net Margin % is 51.43% 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 B3 - Brasil Bolsa Balcao (BSP:B3SA3) Overvalued in 2026?

Based on GuruFocus' analysis, B3 - Brasil Bolsa Balcao stock appears to be undervalued. The current stock price of R$15.03 is trading 8.4% below its estimated GF Value™ of R$16.41. GuruFocus considers B3 - Brasil Bolsa Balcao to be Fairly Valued.

Key valuation signals for BSP:B3SA3:

  • Net Margin %: 51.43% (11% above median its 10-year median of 46.43)
  • GF Value™: R$16.41 vs. price of R$15.03 (8.4% below fair value)
  • GF Score™: 88/100 with 7 warning signs
  • Industry Position: 259.5% above the Capital Markets median (#132 of 774)

No single metric tells the full story. See the BSP:B3SA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


B3 - Brasil Bolsa Balcao Business Description

Other Exchanges BOLSY:USAYBV0:Germany
Address Praca Antonio Prado, 48, Centro, Sao Paulo, SP, BRA, 01010-901
B3 SA - Brasil Bolsa Balcao is a financial market exchange. Its services consist of trading, clearing, and other post-trade services. The company's activities are carried out through its trading systems and clearinghouses and include transactions with securities, interbank foreign exchange, and securities under custody in the special system for settlement and custody. The company's segment involves: Markets, Data Analytics Solutions (Trillia), Capital Market Solutions and Technology & Platforms . It derives maximum revenue from the Technology & Platforms Segment.
88GF Score

Get the complete analysis for BSP:B3SA3

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

R$15.03
Price
R$16.41
GF Value