Emirates NBD PJSC (DFM:EMIRATESNBD) Net Margin %: 44.50% (As of Mar. 2026) — 11% Below Median


DFM:EMIRATESNBD Emirates NBD PJSC DFM:EMIRATESNBD
69 GF Score
Price د.إ30.40
GF Value د.إ24.28
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Emirates NBD PJSC Net Margin %?

Emirates NBD PJSC DFM:EMIRATESNBD -1.30% 69 Net Margin % is 44.50% as of Mar. 2026, which is 11% below its 10-year median of 49.73. GuruFocus rates DFM:EMIRATESNBD with a GF Score™ of 69/100 and a GF Value™ of د.إ24.28 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,527 Banks companies, Emirates NBD PJSC ranks better than 91.49% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Emirates NBD PJSC's Net Income for the three months ended in Mar. 2026 was د.إ6,402 Mil. Emirates NBD PJSC's Revenue for the three months ended in Mar. 2026 was د.إ14,388 Mil. Therefore, Emirates NBD PJSC's net margin for the quarter that ended in Mar. 2026 was 44.50%.

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

DFM:EMIRATESNBD' s Net Margin % Range Over the Past 10 Years
Min: 30.01   Med: 49.73   Max: 64.66
Current: 46.74


DFM:EMIRATESNBD's Net Margin % is ranked better than
91.49% of 1527 companies
in the Banks industry
Industry Median: 26.95 vs DFM:EMIRATESNBD: 46.74

Emirates NBD PJSC  (DFM:EMIRATESNBD) 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.


Emirates NBD PJSC Net Margin % Related Terms


Emirates NBD PJSC Net Margin % Historical Data

* Premium members only.

The historical data trend for Emirates NBD PJSC'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.

Emirates NBD PJSC Net Margin % Chart

Emirates NBD PJSC 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 39.01 40.04 49.97 52.10 48.76

Emirates NBD PJSC 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 52.54 52.23 50.44 40.27 44.50

Emirates NBD PJSC Net Margin % Competitor Comparison

For the Banks - Regional subindustry, Emirates NBD PJSC'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.


Emirates NBD PJSC Net Margin % vs Banks Industry

For the Banks industry and Financial Services sector, Emirates NBD PJSC's Net Margin % distribution charts can be found below:

* The bar in red indicates where Emirates NBD PJSC's Net Margin % falls into.


DFM:EMIRATESNBD
69GF Score
Emirates NBD PJSC DFM:EMIRATESNBD
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Emirates NBD PJSC 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.

Emirates NBD PJSC'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 )
=23981/49177
=48.76 %

Emirates NBD PJSC'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 )
=6402/14388
=44.50 %

* 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 44.50% mean?
Emirates NBD PJSC (DFM:EMIRATESNBD) has a Net Margin % of 44.50% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Emirates NBD PJSC and its competitors. This is 11% below median its historical median of 49.73. Over the past decade, Emirates NBD PJSC's Net Margin % has ranged from 30.01 to 64.66. According to the industry distribution chart, Emirates NBD PJSC ranks #130 out of 1527 companies in the Banks industry, placing it in the top 8.5%.
Is Emirates NBD PJSC's Net Margin % too high?
Emirates NBD PJSC's current Net Margin % of 44.50% is 11% below median its 10-year median of 49.73. Over the past 10 years, this metric has ranged from a low of 30.01 to a high of 64.66. The Banks industry median Net Margin % is 26.95. Emirates NBD PJSC's value of 44.50% is 65.1% above this industry median. Based on the distribution chart, Emirates NBD PJSC ranks #130 out of 1527 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Emirates NBD PJSC has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emirates NBD PJSC's Net Margin % compare to competitors?
According to the Banks industry distribution chart, Emirates NBD PJSC ranks #130 out of 1527 companies for Net Margin %. This places Emirates NBD PJSC in the top 9% of its industry — outperforming the majority of peers. The industry median Net Margin % is 26.95. Emirates NBD PJSC's value of 44.50% is 65.1% above this benchmark. Historically, Emirates NBD PJSC's own Net Margin % has ranged from 30.01 to 64.66 over the past decade. While the company's 10-year median is 49.73 vs. the industry median of 26.95, Emirates NBD PJSC 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 Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 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. Emirates NBD PJSC's current Net Margin % of 44.50% is 65.1% 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 Emirates NBD PJSC and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emirates NBD PJSC's current Net Margin % is 44.50%, which is 11% below median its own 10-year median of 49.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emirates NBD PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emirates NBD PJSC (DFM:EMIRATESNBD) is currently considered Modestly Overvalued. The stock's GF Value™ is د.إ24.28, compared to a current price of د.إ30.40 — trading 25.2% above its estimated fair value. The current Net Margin % is 44.50%, which is 11% below median its 10-year median of 49.73 and 65.1% above the Banks industry median of 26.95. Emirates NBD PJSC's overall GF Score™ is 69/100 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 Emirates NBD PJSC (DFM:EMIRATESNBD), the current Net Margin % is 44.50% 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 Emirates NBD PJSC (DFM:EMIRATESNBD) Overvalued in 2026?

Based on GuruFocus' analysis, Emirates NBD PJSC stock appears to be overvalued. The current stock price of د.إ30.40 is trading 25.2% above its estimated GF Value™ of د.إ24.28. GuruFocus considers Emirates NBD PJSC to be Modestly Overvalued.

Key valuation signals for DFM:EMIRATESNBD:

  • Net Margin %: 44.50% (11% below median its 10-year median of 49.73)
  • GF Value™: د.إ24.28 vs. price of د.إ30.40 (25.2% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 65.1% above the Banks median (#130 of 1527)

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


Emirates NBD PJSC Business Description

Address Baniyas Road, P.O. Box 777, Deira, Dubai, ARE
Emirates NBD PJSC provides banking services. The company's operating segment includes Corporate and Institutional Banking; Retail Banking and Wealth Management; Global Markets and Treasury activities; DenizBank and others. It generates maximum revenue from the Retail Banking and Wealth Management segment. The Retail Banking and Wealth Management segment represents retail loans and deposits, private banking and wealth management, equity broking services, asset management, and consumer financing in the UAE and Egypt.
69GF Score

Get the complete analysis for DFM:EMIRATESNBD

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

د.إ30.40
Price
د.إ24.28
GF Value