Barco NVBCNAY 73 Operating Margin % is 10.68% as of Dec. 2025, which is 38% above its 10-year median of 7.72. GuruFocus rates BCNAY with a GF Score™ of 73/100 and a GF Value™ of $10.38. Among 2,472 Hardware companies, Barco NV ranks better than 69.62% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Barco NV's Operating Income for the
six
months ended in Dec. 2025 was $64 Mil. Barco NV's Revenue for the
six
months ended in Dec. 2025 was $597 Mil. Therefore, Barco NV's Operating Margin % for the quarter that ended in Dec. 2025 was 10.68%.
Good Sign:
Barco NV operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Barco NV's Operating Margin % or its related term are showing as below:
BCNAY'
s Operating Margin % Range Over the Past 10 Years
Min: 1.69 Med: 7.72 Max: 9.9
Current: 8.31
BCNAY's Operating Margin % is ranked better than 69.62% of 2472
companies
in the Hardware industry
Industry Median: 3.8
vs BCNAY: 8.31
Barco NV's 5-Year Average Operating Margin % Growth Rate was 39.60% per year.
Barco NV's Operating Income for the
six
months ended in Dec. 2025 was $64 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $93 Mil.
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.
Barco NV Operating Margin % Related Terms
Barco NV Operating Margin % Historical Data
* Premium members only.
The historical data trend for Barco NV'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.
BCNAY vs APH, GLW, TEL: Operating Margin % Comparison
For the Electronic Components subindustry, Barco NV'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.
Barco NV Operating Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Barco NV's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Barco NV'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.
Barco NV'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.
Barco NV (BCNAY) has a Operating Margin % of 10.68% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Barco NV and its competitors. This is 38% above median its historical median of 7.72. Over the past decade, Barco NV's Operating Margin % has ranged from 1.69 to 9.90. According to the industry distribution chart, Barco NV ranks #751 out of 2472 companies in the Hardware industry, placing it in the top 30.4%.
Is Barco NV's Operating Margin % too high?
Barco NV's current Operating Margin % of 10.68% is 38% above median its 10-year median of 7.72. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 9.90. The Hardware industry median Operating Margin % is 3.80. Barco NV's value of 10.68% is 181.1% above this industry median. Based on the distribution chart, Barco NV ranks #751 out of 2472 companies in the Hardware industry, which is above the industry midpoint. Overall, Barco NV has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Barco NV's Operating Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Barco NV ranks #751 out of 2472 companies for Operating Margin %. This puts Barco NV in the upper half of its industry. The industry median Operating Margin % is 3.80. Barco NV's value of 10.68% is 181.1% above this benchmark. Historically, Barco NV's own Operating Margin % has ranged from 1.69 to 9.90 over the past decade. While the company's 10-year median is 7.72 vs. the industry median of 3.80, Barco NV 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 Hardware company?
The median Operating Margin % among Hardware companies is 3.80, based on 2,472 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. Barco NV's current Operating Margin % of 10.68% is 181.1% 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 Barco NV and its competitors. For the Hardware industry, the median Operating Margin % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barco NV's current Operating Margin % is 10.68%, which is 38% above median its own 10-year median of 7.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barco NV stock overvalued right now?
Barco NV (BCNAY) has a current Operating Margin % of 10.68%. The stock's GF Value™ is $10.38, compared to a current price of $6.45 — trading 37.9% below its estimated fair value. The current Operating Margin % is 10.68%, which is 38% above median its 10-year median of 7.72 and 181.1% above the Hardware industry median of 3.80. Barco NV's overall GF Score™ is 73/100. 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 Barco NV (BCNAY), the current Operating Margin % is 10.68% 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 Barco NV (BCNAY) Overvalued in 2026?
Based on GuruFocus' analysis, Barco NV stock appears to be undervalued.
The current stock price of $6.45 is trading 37.9% below its estimated GF Value™ of $10.38.
Key valuation signals for BCNAY:
Operating Margin %: 10.68% (38% above median its 10-year median of 7.72)
GF Value™: $10.38 vs. price of $6.45 (37.9% below fair value)
Industry Position: 181.1% above the Hardware median (#751 of 2472)
No single metric tells the full story. See the BCNAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barco NV is an electronics company with three business segments: Entertainment, Enterprise, and Healthcare. The Entertainment business segment, which generates maximum revenue, comprises two business units; Cinema which offers the industry's complete range of laser and lamp-based cinema projectors, including image processing and audio solutions; and the Immersive Experience business unit, which offers solutions tailored to the specific needs of large venues, live events, themed entertainment (museums, theme parks, digital immersive art installations, projection mapping, etc.) and simulation applications: projection, image processing, and related services. Geographically, the group generates maximum revenue from the Americas, followed by EMEA and the Asia-Pacific regions.
73GF Score
Get the complete analysis for BCNAY
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
BCNAY has been successfully added to your 
