Assa Abloy ABASAZY 93 Operating Margin % is 15.27% as of Mar. 2026, which is 1% below its 10-year median of 15.45. GuruFocus rates ASAZY with a GF Score™ of 93/100 and a GF Value™ of $17.43 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,070 Business Services companies, Assa Abloy AB ranks better than 81.03% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Assa Abloy AB's Operating Income for the
three
months ended in Mar. 2026 was $586 Mil. Assa Abloy AB's Revenue for the
three
months ended in Mar. 2026 was $3,837 Mil. Therefore, Assa Abloy AB's Operating Margin % for the quarter that ended in Mar. 2026 was 15.27%.
Good Sign:
Assa Abloy AB operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Assa Abloy AB's Operating Margin % or its related term are showing as below:
ASAZY'
s Operating Margin % Range Over the Past 10 Years
Min: 12.23 Med: 15.45 Max: 16.39
Current: 16.32
ASAZY's Operating Margin % is ranked better than 81.03% of 1070
companies
in the Business Services industry
Industry Median: 6.33
vs ASAZY: 16.32
Assa Abloy AB's 5-Year Average Operating Margin % Growth Rate was 3.80% per year.
Assa Abloy AB (OTCPK:ASAZY) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Assa Abloy AB Operating Margin % Related Terms
Assa Abloy AB Operating Margin % Historical Data
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The historical data trend for Assa Abloy AB's Operating 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.
ASAZY vs ALLE, MSA, ADT: Operating Margin % Comparison
For the Security & Protection Services subindustry, Assa Abloy AB's Operating Margin %, along with its competitors' market caps and Operating 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.
Assa Abloy AB Operating Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Assa Abloy AB's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Assa Abloy AB's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Assa Abloy AB's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Assa Abloy AB (ASAZY) has a Operating Margin % of 15.27% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Assa Abloy AB and its competitors. This is near median its historical median of 15.45. Over the past decade, Assa Abloy AB's Operating Margin % has ranged from 12.23 to 16.39. According to the industry distribution chart, Assa Abloy AB ranks #203 out of 1070 companies in the Business Services industry, placing it in the top 19%.
Is Assa Abloy AB's Operating Margin % too high?
Assa Abloy AB's current Operating Margin % of 15.27% is near median its 10-year median of 15.45. Over the past 10 years, this metric has ranged from a low of 12.23 to a high of 16.39. The Business Services industry median Operating Margin % is 6.33. Assa Abloy AB's value of 15.27% is 141.2% above this industry median. Based on the distribution chart, Assa Abloy AB ranks #203 out of 1070 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Assa Abloy AB has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Assa Abloy AB's Operating Margin % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Assa Abloy AB ranks #203 out of 1070 companies for Operating Margin %. This places Assa Abloy AB in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.33. Assa Abloy AB's value of 15.27% is 141.2% above this benchmark. Historically, Assa Abloy AB's own Operating Margin % has ranged from 12.23 to 16.39 over the past decade. While the company's 10-year median is 15.45 vs. the industry median of 6.33, Assa Abloy AB 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 Operating Margin % for a Business Services company?
The median Operating Margin % among Business Services companies is 6.33, based on 1,070 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Assa Abloy AB's current Operating Margin % of 15.27% is 141.2% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Assa Abloy AB and its competitors. For the Business Services industry, the median Operating Margin % is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assa Abloy AB's current Operating Margin % is 15.27%, which is near median its own 10-year median of 15.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assa Abloy AB stock overvalued right now?
Based on GuruFocus' analysis, Assa Abloy AB (ASAZY) is currently considered Fairly Valued. The stock's GF Value™ is $17.43, compared to a current price of $17.36 — trading 0.4% below its estimated fair value. The current Operating Margin % is 15.27%, which is near median its 10-year median of 15.45 and 141.2% above the Business Services industry median of 6.33. Assa Abloy AB's overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Assa Abloy AB (ASAZY), the current Operating Margin % is 15.27% 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 Assa Abloy AB (ASAZY) Overvalued in 2026?
Based on GuruFocus' analysis, Assa Abloy AB stock appears to be undervalued.
The current stock price of $17.36 is trading 0.4% below its estimated GF Value™ of $17.43.
GuruFocus considers Assa Abloy AB to be Fairly Valued.
Key valuation signals for ASAZY:
Operating Margin %: 15.27% (near median its 10-year median of 15.45)
GF Value™: $17.43 vs. price of $17.36 (0.4% below fair value)
Industry Position: 141.2% above the Business Services median (#203 of 1070)
No single metric tells the full story. See the ASAZY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Some 70% of the group's revenue is derived from commercial, government, and other nonresidential customers. The company's product base is centered on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.
93GF Score
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