ASPN (Aspen Aerogels) Operating Margin %: -53.87% (As of Mar. 2026)


ASPN Aspen Aerogels Inc ASPN
66 GF Score
Price $5.73
GF Value $5.13
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Aspen Aerogels Operating Margin %?

Aspen Aerogels ASPN -2.88% 66 Operating Margin % is -53.87% as of Mar. 2026. GuruFocus rates ASPN with a GF Score™ of 66/100 and a GF Value™ of $5.13 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,767 Construction companies, Aspen Aerogels ranks worse than 94.74% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Aspen Aerogels's Operating Income for the three months ended in Mar. 2026 was $-20.4 Mil. Aspen Aerogels's Revenue for the three months ended in Mar. 2026 was $37.9 Mil. Therefore, Aspen Aerogels's Operating Margin % for the quarter that ended in Mar. 2026 was -53.87%.

The historical rank and industry rank for Aspen Aerogels's Operating Margin % or its related term are showing as below:

ASPN' s Operating Margin % Range Over the Past 10 Years
Min: -43.94   Med: -19.79   Max: 12.82
Current: -29.91


ASPN's Operating Margin % is ranked worse than
94.74% of 1767 companies
in the Construction industry
Industry Median: 5.89 vs ASPN: -29.91

Aspen Aerogels's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Aspen Aerogels's Operating Income for the three months ended in Mar. 2026 was $-20.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-68.9 Mil.


Aspen Aerogels  (NYSE:ASPN) 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 Nokia’s 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.


Aspen Aerogels Operating Margin % Related Terms


Aspen Aerogels Operating Margin % Historical Data

* Premium members only.

The historical data trend for Aspen Aerogels'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.

Aspen Aerogels Operating Margin % Chart

Aspen Aerogels Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.38 -43.94 -20.61 12.82 -18.96

Aspen Aerogels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating 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 -3.73 0.95 -2.44 -114.69 -53.87

ASPN vs SWIM, JLHL, JBI: Operating Margin % Comparison

For the Building Products & Equipment subindustry, Aspen Aerogels'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.


Aspen Aerogels Operating Margin % vs Construction Industry

For the Construction industry and Industrials sector, Aspen Aerogels's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Aspen Aerogels's Operating Margin % falls into.


ASPN
66GF Score
Aspen Aerogels Inc ASPN
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aspen Aerogels Operating Margin % Calculation

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.

Aspen Aerogels's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-51.392 / 271.103
=-18.96 %

Aspen Aerogels's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-20.407 / 37.884
=-53.87 %

* 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 Operating Margin % →
What does a Operating Margin % of -53.87% mean?
Aspen Aerogels (ASPN) has a Operating Margin % of -53.87% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Aspen Aerogels and its competitors. According to the industry distribution chart, Aspen Aerogels ranks #1674 out of 1767 companies in the Construction industry, placing it in the top 94.7%.
Is Aspen Aerogels' Operating Margin % too high?
Aspen Aerogels' current Operating Margin % is -53.87%. Based on the distribution chart, Aspen Aerogels ranks #1674 out of 1767 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Aspen Aerogels has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aspen Aerogels' Operating Margin % compare to SWIM and JLHL?
According to the Construction industry distribution chart, Aspen Aerogels ranks #1674 out of 1767 companies for Operating Margin %. This places Aspen Aerogels in the lower half of its industry. The industry median Operating Margin % is 5.89. 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,767 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. 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 Aspen Aerogels and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Aerogels's current Operating Margin % is -53.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Aerogels stock overvalued right now?
Based on GuruFocus' analysis, Aspen Aerogels (ASPN) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.13, compared to a current price of $5.73 — trading 11.7% above its estimated fair value. The current Operating Margin % is -53.87%. Aspen Aerogels' overall GF Score™ is 66/100 with 6 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 Aspen Aerogels (ASPN), the current Operating Margin % is -53.87% 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 Aspen Aerogels (ASPN) Overvalued in 2026?

Based on GuruFocus' analysis, Aspen Aerogels stock appears to be overvalued. The current stock price of $5.73 is trading 11.7% above its estimated GF Value™ of $5.13. GuruFocus considers Aspen Aerogels to be Modestly Overvalued.

Key valuation signals for ASPN:

  • Operating Margin %: -53.87%
  • GF Value™: $5.13 vs. price of $5.73 (11.7% above fair value)
  • GF Score™: 66/100 with 6 warning signs

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


Aspen Aerogels Business Description

Address 30 Forbes Road, Building B, Northborough, MA, USA, 01532
Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology, supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Thermal Barrier segment and the United States market. Some of its products include Pyrogel XTE, Cryogel Z, Spaceloft Subsea, and others.
66GF Score

Get the complete analysis for ASPN

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

$5.73
Price
$5.13
GF Value