Dr. Martens (LSE:DOCS) OCF Margin %: 33.85% (As of Mar. 2026) — 81% Above Median


LSE:DOCS Dr. Martens PLC LSE:DOCS
52 GF Score
Price £0.70
GF Value £0.72
Valuation Fairly Valued
! 3 Warning Signs
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What is Dr. Martens OCF Margin %?

Dr. Martens LSE:DOCS +1.30% 52 OCF Margin % is 33.85% as of Mar. 2026, which is 81% above its 10-year median of 18.66. GuruFocus rates LSE:DOCS with a GF Score™ of 52/100 and a GF Value™ of £0.72 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,039 Manufacturing - Apparel & Accessories companies, Dr. Martens ranks better than 87.68% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Dr. Martens's Cash Flow from Operations for the six months ended in Mar. 2026 was £149.9 Mil. Dr. Martens's Revenue for the six months ended in Mar. 2026 was £442.9 Mil. Therefore, Dr. Martens's OCF Margin % for the quarter that ended in Mar. 2026 was 33.85%.

As of today, Dr. Martens's current OCF Yield % is 21.30%.

The historical rank and industry rank for Dr. Martens's OCF Margin % or its related term are showing as below:

LSE:DOCS' s OCF Margin % Range Over the Past 10 Years
Min: 7.27   Med: 18.66   Max: 24.92
Current: 18.66


During the past 9 years, the highest OCF Margin % of Dr. Martens was 24.92%. The lowest was 7.27%. And the median was 18.66%.

LSE:DOCS's OCF Margin % is ranked better than
87.68% of 1039 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 6.27 vs LSE:DOCS: 18.66


Dr. Martens OCF Margin % Related Terms


Dr. Martens OCF Margin % Historical Data

* Premium members only.

The historical data trend for Dr. Martens's OCF 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.

Dr. Martens OCF Margin % Chart

Dr. Martens Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
OCF Margin %
Get a 7-Day Free Trial Premium Member Only 20.30 7.27 19.14 24.92 18.66

Dr. Martens Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
OCF 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 39.77 10.87 34.77 -2.24 33.85

LSE:DOCS vs NKE, DECK, ONON: OCF Margin % Comparison

For the Footwear & Accessories subindustry, Dr. Martens's OCF Margin %, along with its competitors' market caps and OCF 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.


Dr. Martens OCF Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Dr. Martens's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Dr. Martens's OCF Margin % falls into.


LSE:DOCS
52GF Score
Dr. Martens PLC LSE:DOCS
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dr. Martens OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Dr. Martens's OCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=142.7/764.9
=18.66 %

Dr. Martens's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=149.9/442.9
=33.85 %

* 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 OCF Margin % →
What does a OCF Margin % of 33.85% mean?
Dr. Martens (LSE:DOCS) has a OCF Margin % of 33.85% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Dr. Martens and its competitors. This is 81% above median its historical median of 18.66. Over the past decade, Dr. Martens' OCF Margin % has ranged from 7.27 to 24.92. According to the industry distribution chart, Dr. Martens ranks #128 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.3%.
Is Dr. Martens' OCF Margin % too high?
Dr. Martens' current OCF Margin % of 33.85% is 81% above median its 10-year median of 18.66. Over the past 10 years, this metric has ranged from a low of 7.27 to a high of 24.92. The Manufacturing - Apparel & Accessories industry median OCF Margin % is 6.27. Dr. Martens' value of 33.85% is 439.9% above this industry median. Based on the distribution chart, Dr. Martens ranks #128 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Dr. Martens has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dr. Martens' OCF Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Dr. Martens ranks #128 out of 1039 companies for OCF Margin %. This places Dr. Martens in the top 12% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 6.27. Dr. Martens' value of 33.85% is 439.9% above this benchmark. Historically, Dr. Martens' own OCF Margin % has ranged from 7.27 to 24.92 over the past decade. While the company's 10-year median is 18.66 vs. the industry median of 6.27, Dr. Martens 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 OCF Margin % for a Manufacturing - Apparel & Accessories company?
The median OCF Margin % among Manufacturing - Apparel & Accessories companies is 6.27, based on 1,039 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dr. Martens's current OCF Margin % of 33.85% is 439.9% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Dr. Martens and its competitors. For the Manufacturing - Apparel & Accessories industry, the median OCF Margin % is 6.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dr. Martens's current OCF Margin % is 33.85%, which is 81% above median its own 10-year median of 18.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dr. Martens stock overvalued right now?
Based on GuruFocus' analysis, Dr. Martens (LSE:DOCS) is currently considered Fairly Valued. The stock's GF Value™ is £0.72, compared to a current price of £0.70 — trading 2.5% below its estimated fair value. The current OCF Margin % is 33.85%, which is 81% above median its 10-year median of 18.66 and 439.9% above the Manufacturing - Apparel & Accessories industry median of 6.27. Dr. Martens' overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Dr. Martens (LSE:DOCS), the current OCF Margin % is 33.85% 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 Dr. Martens (LSE:DOCS) Overvalued in 2026?

Based on GuruFocus' analysis, Dr. Martens stock appears to be undervalued. The current stock price of £0.70 is trading 2.5% below its estimated GF Value™ of £0.72. GuruFocus considers Dr. Martens to be Fairly Valued.

Key valuation signals for LSE:DOCS:

  • OCF Margin %: 33.85% (81% above median its 10-year median of 18.66)
  • GF Value™: £0.72 vs. price of £0.70 (2.5% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 439.9% above the Manufacturing - Apparel & Accessories median (#128 of 1039)

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


Dr. Martens Business Description

Address 28 Jamestown Road, Camden, London, GBR, NW1 7BY
Dr. Martens PLC is engaged in the footwear business. Its product segments include Originals, Fusion, Kids and Casual, and a complementary range of Accessories. The company has sales through E-commerce, Retail, and Wholesale of Products. Geographically, it derives the majority of its revenue from EMEA and has a presence in the Americas and APAC.
52GF Score

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

£0.70
Price
£0.72
GF Value