London Stock Exchange GroupFRA:LS4C +1.13%88 Net Margin % is 12.84% as of Dec. 2025, which is 26% below its 10-year median of 17.44. GuruFocus rates FRA:LS4C with a GF Score™ of 88/100 and a GF Value™ of €128.07 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 774 Capital Markets companies, London Stock Exchange Group ranks worse than 51.42% on this metric.
The historical rank and industry rank for London Stock Exchange Group's Net Margin % or its related term are showing as below:
FRA:LS4C'
s Net Margin % Range Over the Past 10 Years
Min: 7.73 Med: 17.44 Max: 47.88
Current: 13.36
FRA:LS4C's Net Margin % is ranked worse than 51.42% of 774
companies
in the Capital Markets industry
Industry Median: 14.305
vs FRA:LS4C: 13.36
London Stock Exchange Group (FRA:LS4C) 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.
London Stock Exchange Group Net Margin % Related Terms
London Stock Exchange Group Net Margin % Historical Data
* 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.
FRA:LS4C vs SPGI, CME, ICE: Net Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, London Stock Exchange Group'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.
London Stock Exchange Group Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, London Stock Exchange Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where London Stock Exchange Group's Net Margin % falls into.
* 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.
London Stock Exchange Group (FRA:LS4C) has a Net Margin % of 12.84% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on London Stock Exchange Group and its competitors. This is 26% below median its historical median of 17.44. Over the past decade, London Stock Exchange Group's Net Margin % has ranged from 7.73 to 47.88. According to the industry distribution chart, London Stock Exchange Group ranks #398 out of 774 companies in the Capital Markets industry, placing it in the top 51.4%.
Is London Stock Exchange Group's Net Margin % too high?
London Stock Exchange Group's current Net Margin % of 12.84% is 26% below median its 10-year median of 17.44. Over the past 10 years, this metric has ranged from a low of 7.73 to a high of 47.88. The Capital Markets industry median Net Margin % is 14.31. London Stock Exchange Group's value of 12.84% is 10.2% below this industry median. Based on the distribution chart, London Stock Exchange Group ranks #398 out of 774 companies in the Capital Markets industry, which is below the industry midpoint. Overall, London Stock Exchange Group has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does London Stock Exchange Group's Net Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, London Stock Exchange Group ranks #398 out of 774 companies for Net Margin %. This places London Stock Exchange Group in the lower half of its industry. The industry median Net Margin % is 14.31. London Stock Exchange Group's value of 12.84% is 10.2% below this benchmark. Historically, London Stock Exchange Group's own Net Margin % has ranged from 7.73 to 47.88 over the past decade. While the company's 10-year median is 17.44 vs. the industry median of 14.31, London Stock Exchange Group has consistently been below 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. London Stock Exchange Group's current Net Margin % of 12.84% is 10.2% below 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 London Stock Exchange Group 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. London Stock Exchange Group's current Net Margin % is 12.84%, which is 26% below median its own 10-year median of 17.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London Stock Exchange Group stock overvalued right now?
Based on GuruFocus' analysis, London Stock Exchange Group (FRA:LS4C) is currently considered Modestly Undervalued. The stock's GF Value™ is €128.07, compared to a current price of €98.78 — trading 22.9% below its estimated fair value. The current Net Margin % is 12.84%, which is 26% below median its 10-year median of 17.44 and 10.2% below the Capital Markets industry median of 14.31. London Stock Exchange Group's overall GF Score™ is 88/100 with 5 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 London Stock Exchange Group (FRA:LS4C), the current Net Margin % is 12.84% as of Dec. 2025. 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 London Stock Exchange Group (FRA:LS4C) Overvalued in 2026?
Based on GuruFocus' analysis, London Stock Exchange Group stock appears to be undervalued.
The current stock price of €98.78 is trading 22.9% below its estimated GF Value™ of €128.07.
GuruFocus considers London Stock Exchange Group to be Modestly Undervalued.
Key valuation signals for FRA:LS4C:
Net Margin %: 12.84% (26% below median its 10-year median of 17.44)
GF Value™: €128.07 vs. price of €98.78 (22.9% below fair value)
Industry Position: 10.2% below the Capital Markets median (#398 of 774)
No single metric tells the full story. See the FRA:LS4C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
London Stock Exchange Group is a fully integrated financial exchange company covering the financial market value chain from primary and secondary markets across multiple asset classes over data, index, and analytics down to clearing and post-trading reporting. With the acquisition of Refinitiv, LSEG generates about two-thirds of its revenue from data and analytics including its FTSE Russell and WM/Refinitiv benchmarks as well as data feeds and terminals. The group is also a majority shareholder in Tradeweb, one of the dominant global fixed-income trading venues, as well as LCH, the largest clearinghouse for over-the-counter swaps globally.
88GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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