Macquarie Technology GroupASX:MAQ +2.13%94 Operating Margin % is 15.12% as of Dec. 2025, which is 74% above its 10-year median of 8.67. GuruFocus rates ASX:MAQ with a GF Score™ of 94/100 and a GF Value™ of A$67.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,818 Software companies, Macquarie Technology Group ranks better than 81.33% on this metric.
Macquarie Technology Group (ASX:MAQ) 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.
Macquarie Technology Group Operating Margin % Related Terms
Macquarie Technology Group Operating Margin % Historical Data
* 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.
Macquarie Technology Group Operating Margin % Chart
ASX:MAQ vs IBM, ACN, FISV: Operating Margin % Comparison
For the Information Technology Services subindustry, Macquarie Technology Group'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.
Macquarie Technology Group Operating Margin % vs Software Industry
For the Software industry and Technology sector, Macquarie Technology Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Macquarie Technology Group's Operating Margin % falls into.
Macquarie Technology Group 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.
Macquarie Technology Group'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.
Macquarie Technology Group (ASX:MAQ) has a Operating Margin % of 15.12% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Macquarie Technology Group and its competitors. This is 74% above median its historical median of 8.67. Over the past decade, Macquarie Technology Group's Operating Margin % has ranged from 3.18 to 15.52. According to the industry distribution chart, Macquarie Technology Group ranks #526 out of 2818 companies in the Software industry, placing it in the top 18.7%.
Is Macquarie Technology Group's Operating Margin % too high?
Macquarie Technology Group's current Operating Margin % of 15.12% is 74% above median its 10-year median of 8.67. Over the past 10 years, this metric has ranged from a low of 3.18 to a high of 15.52. The Software industry median Operating Margin % is 3.88. Macquarie Technology Group's value of 15.12% is 290.2% above this industry median. Based on the distribution chart, Macquarie Technology Group ranks #526 out of 2818 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Macquarie Technology Group has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Macquarie Technology Group's Operating Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Macquarie Technology Group ranks #526 out of 2818 companies for Operating Margin %. This places Macquarie Technology Group in the top 19% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.88. Macquarie Technology Group's value of 15.12% is 290.2% above this benchmark. Historically, Macquarie Technology Group's own Operating Margin % has ranged from 3.18 to 15.52 over the past decade. While the company's 10-year median is 8.67 vs. the industry median of 3.88, Macquarie Technology Group 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 Software company?
The median Operating Margin % among Software companies is 3.88, based on 2,818 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. Macquarie Technology Group's current Operating Margin % of 15.12% is 290.2% 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 Macquarie Technology Group and its competitors. For the Software industry, the median Operating Margin % is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macquarie Technology Group's current Operating Margin % is 15.12%, which is 74% above median its own 10-year median of 8.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macquarie Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Macquarie Technology Group (ASX:MAQ) is currently considered Fairly Valued. The stock's GF Value™ is A$67.84, compared to a current price of A$74.27 — trading 9.5% above its estimated fair value. The current Operating Margin % is 15.12%, which is 74% above median its 10-year median of 8.67 and 290.2% above the Software industry median of 3.88. Macquarie Technology Group's overall GF Score™ is 94/100 with 8 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 Macquarie Technology Group (ASX:MAQ), the current Operating Margin % is 15.12% 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 Macquarie Technology Group (ASX:MAQ) Overvalued in 2026?
Based on GuruFocus' analysis, Macquarie Technology Group stock appears to be overvalued.
The current stock price of A$74.27 is trading 9.5% above its estimated GF Value™ of A$67.84.
GuruFocus considers Macquarie Technology Group to be Fairly Valued.
Key valuation signals for ASX:MAQ:
Operating Margin %: 15.12% (74% above median its 10-year median of 8.67)
GF Value™: A$67.84 vs. price of A$74.27 (9.5% above fair value)
Industry Position: 290.2% above the Software median (#526 of 2818)
No single metric tells the full story. See the ASX:MAQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macquarie Technology Group operates three business segments. The telecom division is how the group first began in 1992, providing voice, mobile, and general connectivity and network security services to businesses utilizing its data network. The cloud services and government division leverages the group's data center facilities to provide cybersecurity, colocation services, public and private cloud, and storage services to corporate and government customers. In 2018, the data centers division was separately launched, providing sovereign data centers for governments, major hyperscalers, and large multinationals.
94GF Score
Get the complete analysis for ASX:MAQ
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:MAQ has been successfully added to your 
