MRS LogisticaBSP:MRSA3B 78 Operating Margin % is 35.14% as of Mar. 2026, which is 10% above its 10-year median of 32.03. GuruFocus rates BSP:MRSA3B with a GF Score™ of 78/100 and a GF Value™ of R$33.10 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,007 Transportation companies, MRS Logistica ranks better than 95.23% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. MRS Logistica's Operating Income for the
three
months ended in Mar. 2026 was R$588 Mil. MRS Logistica's Revenue for the
three
months ended in Mar. 2026 was R$1,675 Mil. Therefore, MRS Logistica's Operating Margin % for the quarter that ended in Mar. 2026 was 35.14%.
Good Sign:
MRS Logistica SA operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for MRS Logistica's Operating Margin % or its related term are showing as below:
BSP:MRSA3B'
s Operating Margin % Range Over the Past 10 Years
Min: 25.16 Med: 32.03 Max: 40.84
Current: 39.17
BSP:MRSA3B's Operating Margin % is ranked better than 95.23% of 1007
companies
in the Transportation industry
Industry Median: 7.36
vs BSP:MRSA3B: 39.17
MRS Logistica's 5-Year Average Operating Margin % Growth Rate was 7.30% per year.
MRS Logistica's Operating Income for the
three
months ended in Mar. 2026 was R$588 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was R$2,970 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.
MRS Logistica Operating Margin % Related Terms
MRS Logistica Operating Margin % Historical Data
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The historical data trend for MRS Logistica'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.
BSP:MRSA3B vs UNP, CSX, NSC: Operating Margin % Comparison
For the Railroads subindustry, MRS Logistica'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.
MRS Logistica Operating Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, MRS Logistica's Operating Margin % distribution charts can be found below:
* The bar in red indicates where MRS Logistica'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.
MRS Logistica'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.
MRS Logistica (BSP:MRSA3B) has a Operating Margin % of 35.14% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on MRS Logistica and its competitors. This is 10% above median its historical median of 32.03. Over the past decade, MRS Logistica's Operating Margin % has ranged from 25.16 to 40.84. According to the industry distribution chart, MRS Logistica ranks #48 out of 1007 companies in the Transportation industry, placing it in the top 4.8%.
Is MRS Logistica's Operating Margin % too high?
MRS Logistica's current Operating Margin % of 35.14% is 10% above median its 10-year median of 32.03. Over the past 10 years, this metric has ranged from a low of 25.16 to a high of 40.84. The Transportation industry median Operating Margin % is 7.36. MRS Logistica's value of 35.14% is 377.4% above this industry median. Based on the distribution chart, MRS Logistica ranks #48 out of 1007 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, MRS Logistica has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MRS Logistica's Operating Margin % compare to UNP and CSX?
According to the Transportation industry distribution chart, MRS Logistica ranks #48 out of 1007 companies for Operating Margin %. This places MRS Logistica in the top 5% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.36. MRS Logistica's value of 35.14% is 377.4% above this benchmark. Historically, MRS Logistica's own Operating Margin % has ranged from 25.16 to 40.84 over the past decade. While the company's 10-year median is 32.03 vs. the industry median of 7.36, MRS Logistica 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. MRS Logistica's current Operating Margin % of 35.14% is 377.4% 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 MRS Logistica 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. MRS Logistica's current Operating Margin % is 35.14%, which is 10% above median its own 10-year median of 32.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRS Logistica stock overvalued right now?
Based on GuruFocus' analysis, MRS Logistica (BSP:MRSA3B) is currently considered Modestly Overvalued. The stock's GF Value™ is R$33.10, compared to a current price of R$39.23 — trading 18.5% above its estimated fair value. The current Operating Margin % is 35.14%, which is 10% above median its 10-year median of 32.03 and 377.4% above the Transportation industry median of 7.36. MRS Logistica's overall GF Score™ is 78/100 with 3 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 MRS Logistica (BSP:MRSA3B), the current Operating Margin % is 35.14% 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 MRS Logistica (BSP:MRSA3B) Overvalued in 2026?
Based on GuruFocus' analysis, MRS Logistica stock appears to be overvalued.
The current stock price of R$39.23 is trading 18.5% above its estimated GF Value™ of R$33.10.
GuruFocus considers MRS Logistica to be Modestly Overvalued.
Key valuation signals for BSP:MRSA3B:
Operating Margin %: 35.14% (10% above median its 10-year median of 32.03)
GF Value™: R$33.10 vs. price of R$39.23 (18.5% above fair value)
Industry Position: 377.4% above the Transportation median (#48 of 1007)
No single metric tells the full story. See the BSP:MRSA3B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MRS Logistica SA is a publicly-held corporation engaged in the transportation services. The company operates a public railway transportation concession in the Southeast network, located in the States of Rio de Janeiro, Sao Paulo, and Minas Gerais. It interconnects the states of Rio de Janeiro, Minas Gerais, and Sao Paulo, spanning through the region that concentrates approximately 50% of Brazil's gross domestic product. Through MRS' railways, it also provides transport to reach the ports of Itaguai and Santos and Latin America. The company generates its entire revenue from providing cargo transport services in the Southeast Brazil.
78GF Score
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