Delivery Hero SE (XSWX:DHER) Net Margin %: -5.38% (As of Dec. 2025)


XSWX:DHER Delivery Hero SE XSWX:DHER
66 GF Score
Price CHF33.12
GF Value CHF185.67
Valuation Possible Value Trap
! 8 Warning Signs
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What is Delivery Hero SE Net Margin %?

Delivery Hero SE XSWX:DHER -2.01% 66 Net Margin % is -5.38% as of Dec. 2025. GuruFocus rates XSWX:DHER with a GF Score™ of 66/100 and a GF Value™ of CHF185.67 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Delivery Hero SE ranks worse than 83.78% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Delivery Hero SE's Net Income for the six months ended in Dec. 2025 was CHF-361 Mil. Delivery Hero SE's Revenue for the six months ended in Dec. 2025 was CHF6,700 Mil. Therefore, Delivery Hero SE's net margin for the quarter that ended in Dec. 2025 was -5.38%.

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

XSWX:DHER' s Net Margin % Range Over the Past 10 Years
Min: -76.06   Med: -21.16   Max: 18.7
Current: -5.57


XSWX:DHER's Net Margin % is ranked worse than
83.78% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 2.33 vs XSWX:DHER: -5.57

Delivery Hero SE  (XSWX:DHER) 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.


Delivery Hero SE Net Margin % Related Terms


Delivery Hero SE Net Margin % Historical Data

* Premium members only.

The historical data trend for Delivery Hero SE'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.

Delivery Hero SE Net Margin % Chart

Delivery Hero SE 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 -19.20 -35.07 -23.11 -7.18 -5.57

Delivery Hero SE Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -29.94 -12.44 -2.52 -5.76 -5.38

XSWX:DHER vs AMZN, BABA, PDD: Net Margin % Comparison

For the Internet Retail subindustry, Delivery Hero SE'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.


Delivery Hero SE Net Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Delivery Hero SE's Net Margin % distribution charts can be found below:

* The bar in red indicates where Delivery Hero SE's Net Margin % falls into.


XSWX:DHER
66GF Score
Delivery Hero SE XSWX:DHER
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Delivery Hero SE 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.

Delivery Hero SE'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 )
=-730.554/13119.456
=-5.57 %

Delivery Hero SE's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-360.751/6699.932
=-5.38 %

* 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 -5.38% mean?
Delivery Hero SE (XSWX:DHER) has a Net Margin % of -5.38% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Delivery Hero SE and its competitors. According to the industry distribution chart, Delivery Hero SE ranks #945 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 83.8%.
Is Delivery Hero SE's Net Margin % too high?
Delivery Hero SE's current Net Margin % is -5.38%. Based on the distribution chart, Delivery Hero SE ranks #945 out of 1128 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Delivery Hero SE has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Delivery Hero SE's Net Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Delivery Hero SE ranks #945 out of 1128 companies for Net Margin %. This places Delivery Hero SE in the lower half of its industry. The industry median Net Margin % is 2.33. 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 Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.33, based on 1,128 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. 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 Delivery Hero SE and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delivery Hero SE's current Net Margin % is -5.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delivery Hero SE stock overvalued right now?
Based on GuruFocus' analysis, Delivery Hero SE (XSWX:DHER) is currently considered Possible Value Trap. The stock's GF Value™ is CHF185.67, compared to a current price of CHF33.12 — trading 82.2% below its estimated fair value. The current Net Margin % is -5.38%. Delivery Hero SE's overall GF Score™ is 66/100 with 8 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 Delivery Hero SE (XSWX:DHER), the current Net Margin % is -5.38% 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 Delivery Hero SE (XSWX:DHER) Overvalued in 2026?

Based on GuruFocus' analysis, Delivery Hero SE stock appears to be undervalued. The current stock price of CHF33.12 is trading 82.2% below its estimated GF Value™ of CHF185.67. GuruFocus considers Delivery Hero SE to be Possible Value Trap.

Key valuation signals for XSWX:DHER:

  • Net Margin %: -5.38%
  • GF Value™: CHF185.67 vs. price of CHF33.12 (82.2% below fair value)
  • GF Score™: 66/100 with 8 warning signs

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


Delivery Hero SE Business Description

Address Oranienburger Strasse 70, Berlin, DEU, 10117
Founded in 2011, Delivery Hero is an online delivery demand aggregator. The company is headquartered in Germany and operates in over 70 countries across Latin America, Asia, Europe, the Middle East, and Africa. Delivery Hero creates a marketplace for merchants to establish an online presence, market their offerings, and meet demand through delivery. Nearly half of Delivery Hero's revenue is commission fees from merchants. Through its applications, which vary by region, customers can order meals, grocery items, pharmacy products, and retail goods. In addition, Delivery Hero operates Dmarts.
66GF Score

Get the complete analysis for XSWX:DHER

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

CHF33.12
Price
CHF185.67
GF Value