Hidrovias DO Brasil (BSP:HBSA3) Operating Margin %: 22.27% (As of Mar. 2026) — 15% Above Median


BSP:HBSA3 Hidrovias DO Brasil SA BSP:HBSA3
61 GF Score
Price R$3.69
GF Value R$2.70
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Hidrovias DO Brasil Operating Margin %?

Hidrovias DO Brasil BSP:HBSA3 +0.54% 61 Operating Margin % is 22.27% as of Mar. 2026, which is 15% above its 10-year median of 19.31. GuruFocus rates BSP:HBSA3 with a GF Score™ of 61/100 and a GF Value™ of R$2.70 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,007 Transportation companies, Hidrovias DO Brasil ranks better than 85.6% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hidrovias DO Brasil's Operating Income for the three months ended in Mar. 2026 was R$99 Mil. Hidrovias DO Brasil's Revenue for the three months ended in Mar. 2026 was R$445 Mil. Therefore, Hidrovias DO Brasil's Operating Margin % for the quarter that ended in Mar. 2026 was 22.27%.

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

BSP:HBSA3' s Operating Margin % Range Over the Past 10 Years
Min: -1.73   Med: 19.31   Max: 42.59
Current: 23.53


BSP:HBSA3's Operating Margin % is ranked better than
85.6% of 1007 companies
in the Transportation industry
Industry Median: 7.36 vs BSP:HBSA3: 23.53

Hidrovias DO Brasil's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Hidrovias DO Brasil's Operating Income for the three months ended in Mar. 2026 was R$99 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was R$519 Mil.


Hidrovias DO Brasil  (BSP:HBSA3) 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.


Hidrovias DO Brasil Operating Margin % Related Terms


Hidrovias DO Brasil Operating Margin % Historical Data

* Premium members only.

The historical data trend for Hidrovias DO Brasil'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.

Hidrovias DO Brasil Operating Margin % Chart

Hidrovias DO Brasil 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 8.10 18.55 20.06 -1.73 24.38

Hidrovias DO Brasil 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 27.58 35.87 33.50 -4.44 22.27

BSP:HBSA3 vs FDX, UPS, JBHT: Operating Margin % Comparison

For the Integrated Freight & Logistics subindustry, Hidrovias DO Brasil'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.


Hidrovias DO Brasil Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Hidrovias DO Brasil's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Hidrovias DO Brasil's Operating Margin % falls into.


BSP:HBSA3
61GF Score
Hidrovias DO Brasil SA BSP:HBSA3
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hidrovias DO Brasil 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.

Hidrovias DO Brasil'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 )
=546.286 / 2241.099
=24.38 %

Hidrovias DO Brasil'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 )
=99.121 / 445.163
=22.27 %

* 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 22.27% mean?
Hidrovias DO Brasil (BSP:HBSA3) has a Operating Margin % of 22.27% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Hidrovias DO Brasil and its competitors. This is 15% above median its historical median of 19.31. According to the industry distribution chart, Hidrovias DO Brasil ranks #145 out of 1007 companies in the Transportation industry, placing it in the top 14.4%.
Is Hidrovias DO Brasil's Operating Margin % too high?
Hidrovias DO Brasil's current Operating Margin % of 22.27% is 15% above median its 10-year median of 19.31. The Transportation industry median Operating Margin % is 7.36. Hidrovias DO Brasil's value of 22.27% is 202.6% above this industry median. Based on the distribution chart, Hidrovias DO Brasil ranks #145 out of 1007 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Hidrovias DO Brasil has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hidrovias DO Brasil's Operating Margin % compare to FDX and UPS?
According to the Transportation industry distribution chart, Hidrovias DO Brasil ranks #145 out of 1007 companies for Operating Margin %. This places Hidrovias DO Brasil in the top 14% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.36. Hidrovias DO Brasil's value of 22.27% is 202.6% above this benchmark. While the company's 10-year median is 19.31 vs. the industry median of 7.36, Hidrovias DO Brasil 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 Transportation company?
The median Operating Margin % among Transportation companies is 7.36, based on 1,007 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. Hidrovias DO Brasil's current Operating Margin % of 22.27% is 202.6% 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 Hidrovias DO Brasil and its competitors. For the Transportation industry, the median Operating Margin % is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hidrovias DO Brasil's current Operating Margin % is 22.27%, which is 15% above median its own 10-year median of 19.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hidrovias DO Brasil stock overvalued right now?
Based on GuruFocus' analysis, Hidrovias DO Brasil (BSP:HBSA3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$2.70, compared to a current price of R$3.69 — trading 36.7% above its estimated fair value. The current Operating Margin % is 22.27%, which is 15% above median its 10-year median of 19.31 and 202.6% above the Transportation industry median of 7.36. Hidrovias DO Brasil's overall GF Score™ is 61/100 with 2 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 Hidrovias DO Brasil (BSP:HBSA3), the current Operating Margin % is 22.27% 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 Hidrovias DO Brasil (BSP:HBSA3) Overvalued in 2026?

Based on GuruFocus' analysis, Hidrovias DO Brasil stock appears to be overvalued. The current stock price of R$3.69 is trading 36.7% above its estimated GF Value™ of R$2.70. GuruFocus considers Hidrovias DO Brasil to be Significantly Overvalued.

Key valuation signals for BSP:HBSA3:

  • Operating Margin %: 22.27% (15% above median its 10-year median of 19.31)
  • GF Value™: R$2.70 vs. price of R$3.69 (36.7% above fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 202.6% above the Transportation median (#145 of 1007)

No single metric tells the full story. See the BSP:HBSA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hidrovias DO Brasil Business Description

Address Avenida Brigadeiro Luis Antonio, 1343, 7th Floor, bairro Bela Vista, Sao Paulo, SP, BRA, 01317-001
Hidrovias DO Brasil SA provides integrated logistics solutions for waterway handling and transportation in Brazil and abroad. Its activities include transportation of goods; construction and operation of ports, cargo terminals, shipyards, workshops, and warehouses; river and sea navigation, coastal navigation, and storage of goods; provision of logistics services, either directly or through third parties; other related activities or activities that are somehow related to its business purpose. Its segments include North Corridor, South Corridor, and Santos, with the majority of the revenue deriving from North Corridor segment that provides integrated logistics services for the transportation of products through cargo transshipment and river navigation.
61GF Score

Get the complete analysis for BSP:HBSA3

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

R$3.69
Price
R$2.70
GF Value