HUB24ASX:HUB +1.52%99 Operating Margin % is 29.43% as of Dec. 2025, which is 179% above its 10-year median of 10.54. GuruFocus rates ASX:HUB with a GF Score™ of 99/100 and a GF Value™ of A$83.33 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 664 Capital Markets companies, HUB24 ranks better than 66.87% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. HUB24's Operating Income for the
six
months ended in Dec. 2025 was A$71.3 Mil. HUB24's Revenue for the
six
months ended in Dec. 2025 was A$242.2 Mil. Therefore, HUB24's Operating Margin % for the quarter that ended in Dec. 2025 was 29.43%.
Good Sign:
HUB24 Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for HUB24's Operating Margin % or its related term are showing as below:
ASX:HUB'
s Operating Margin % Range Over the Past 10 Years
Min: -6.23 Med: 10.54 Max: 27.24
Current: 27.24
ASX:HUB's Operating Margin % is ranked better than 66.87% of 664
companies
in the Capital Markets industry
Industry Median: 6.955
vs ASX:HUB: 27.24
HUB24's 5-Year Average Operating Margin % Growth Rate was 17.30% per year.
HUB24's Operating Income for the
six
months ended in Dec. 2025 was A$71.3 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$122.5 Mil.
HUB24 (ASX:HUB) 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.
HUB24 Operating Margin % Related Terms
HUB24 Operating Margin % Historical Data
* Premium members only.
The historical data trend for HUB24'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.
ASX:HUB vs MS, GS, SCHW: Operating Margin % Comparison
For the Capital Markets subindustry, HUB24'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.
HUB24 Operating Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, HUB24's Operating Margin % distribution charts can be found below:
* The bar in red indicates where HUB24'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.
HUB24's Operating Margin % for the fiscal year that ended in Jun. 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.
HUB24 (ASX:HUB) has a Operating Margin % of 29.43% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on HUB24 and its competitors. This is 179% above median its historical median of 10.54. According to the industry distribution chart, HUB24 ranks #220 out of 664 companies in the Capital Markets industry, placing it in the top 33.1%.
Is HUB24's Operating Margin % too high?
HUB24's current Operating Margin % of 29.43% is 179% above median its 10-year median of 10.54. The Capital Markets industry median Operating Margin % is 6.96. HUB24's value of 29.43% is 323.1% above this industry median. Based on the distribution chart, HUB24 ranks #220 out of 664 companies in the Capital Markets industry, which is above the industry midpoint. Overall, HUB24 has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HUB24's Operating Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, HUB24 ranks #220 out of 664 companies for Operating Margin %. This puts HUB24 in the upper half of its industry. The industry median Operating Margin % is 6.96. HUB24's value of 29.43% is 323.1% above this benchmark. While the company's 10-year median is 10.54 vs. the industry median of 6.96, HUB24 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 Capital Markets company?
The median Operating Margin % among Capital Markets companies is 6.96, based on 664 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. HUB24's current Operating Margin % of 29.43% is 323.1% 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 HUB24 and its competitors. For the Capital Markets industry, the median Operating Margin % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HUB24's current Operating Margin % is 29.43%, which is 179% above median its own 10-year median of 10.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HUB24 stock overvalued right now?
Based on GuruFocus' analysis, HUB24 (ASX:HUB) is currently considered Modestly Undervalued. The stock's GF Value™ is A$83.33, compared to a current price of A$74.09 — trading 11.1% below its estimated fair value. The current Operating Margin % is 29.43%, which is 179% above median its 10-year median of 10.54 and 323.1% above the Capital Markets industry median of 6.96. HUB24's overall GF Score™ is 99/100 with 1 warning sign 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 HUB24 (ASX:HUB), the current Operating Margin % is 29.43% 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 HUB24 (ASX:HUB) Overvalued in 2026?
Based on GuruFocus' analysis, HUB24 stock appears to be undervalued.
The current stock price of A$74.09 is trading 11.1% below its estimated GF Value™ of A$83.33.
GuruFocus considers HUB24 to be Modestly Undervalued.
Key valuation signals for ASX:HUB:
Operating Margin %: 29.43% (179% above median its 10-year median of 10.54)
GF Value™: A$83.33 vs. price of A$74.09 (11.1% below fair value)
Industry Position: 323.1% above the Capital Markets median (#220 of 664)
No single metric tells the full story. See the ASX:HUB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hub24 is a diversified financial services business. The firm's core platform segment engages in the development and provision of custodial and noncustodial administration services to financial advisors, stockbrokers, accountants, and their clients. The tech solutions segment provides a range of technology and data services, as well as cloud-based software. Hub24 serves individuals, companies, trusts, associations, or self-managed superannuation funds. The firm has around 9.7% share of the Australian platform market, compared with the largest five providers with an average market share of 13.3% each.
99GF Score
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