Howden Joinery GroupCHIX:HWDNL -1.63%93 Operating Margin % is 16.47% as of Dec. 2025, which is 2% above its 10-year median of 16.16. GuruFocus rates CHIX:HWDNL with a GF Score™ of 93/100 and a GF Value™ of £8.75 (Fairly Valued). The stock has 1 warning sign investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Howden Joinery Group ranks better than 89.61% on this metric.
The historical rank and industry rank for Howden Joinery Group's Operating Margin % or its related term are showing as below:
CHIX:HWDNl'
s Operating Margin % Range Over the Past 10 Years
Min: 12.65 Med: 16.16 Max: 19.19
Current: 14.69
CHIX:HWDNl's Operating Margin % is ranked better than 89.61% of 433
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.79
vs CHIX:HWDNl: 14.69
Howden Joinery Group's 5-Year Average Operating Margin % Growth Rate was -0.80% per year.
Howden Joinery Group (CHIX:HWDNl) 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.
Howden Joinery Group Operating Margin % Related Terms
Howden Joinery Group Operating Margin % Historical Data
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The historical data trend for Howden Joinery Group'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.
CHIX:HWDNL vs SN, SGI, MHK: Operating Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Howden Joinery 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.
Howden Joinery Group Operating Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Howden Joinery Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Howden Joinery Group's Operating Margin % falls into.
Howden Joinery 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.
Howden Joinery Group'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.
Howden Joinery Group (CHIX:HWDNL) has a Operating Margin % of 16.47% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Howden Joinery Group and its competitors. This is near median its historical median of 16.16. Over the past decade, Howden Joinery Group's Operating Margin % has ranged from 12.65 to 19.19. According to the industry distribution chart, Howden Joinery Group ranks #45 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 10.4%.
Is Howden Joinery Group's Operating Margin % too high?
Howden Joinery Group's current Operating Margin % of 16.47% is near median its 10-year median of 16.16. Over the past 10 years, this metric has ranged from a low of 12.65 to a high of 19.19. The Furnishings, Fixtures & Appliances industry median Operating Margin % is 3.79. Howden Joinery Group's value of 16.47% is 334.6% above this industry median. Based on the distribution chart, Howden Joinery Group ranks #45 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Howden Joinery Group has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Howden Joinery Group's Operating Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Howden Joinery Group ranks #45 out of 433 companies for Operating Margin %. This places Howden Joinery Group in the top 10% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.79. Howden Joinery Group's value of 16.47% is 334.6% above this benchmark. Historically, Howden Joinery Group's own Operating Margin % has ranged from 12.65 to 19.19 over the past decade. While the company's 10-year median is 16.16 vs. the industry median of 3.79, Howden Joinery 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 Furnishings, Fixtures & Appliances company?
The median Operating Margin % among Furnishings, Fixtures & Appliances companies is 3.79, based on 433 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. Howden Joinery Group's current Operating Margin % of 16.47% is 334.6% 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 Howden Joinery Group and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Operating Margin % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howden Joinery Group's current Operating Margin % is 16.47%, which is near median its own 10-year median of 16.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howden Joinery Group stock overvalued right now?
Based on GuruFocus' analysis, Howden Joinery Group (CHIX:HWDNL) is currently considered Fairly Valued. The stock's GF Value™ is £8.75, compared to a current price of £8.02 — trading 8.3% below its estimated fair value. The current Operating Margin % is 16.47%, which is near median its 10-year median of 16.16 and 334.6% above the Furnishings, Fixtures & Appliances industry median of 3.79. Howden Joinery Group's overall GF Score™ is 93/100 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 Howden Joinery Group (CHIX:HWDNL), the current Operating Margin % is 16.47% 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 Howden Joinery Group (CHIX:HWDNL) Overvalued in 2026?
Based on GuruFocus' analysis, Howden Joinery Group stock appears to be undervalued.
The current stock price of £8.02 is trading 8.3% below its estimated GF Value™ of £8.75.
GuruFocus considers Howden Joinery Group to be Fairly Valued.
Key valuation signals for CHIX:HWDNL:
Operating Margin %: 16.47% (near median its 10-year median of 16.16)
GF Value™: £8.75 vs. price of £8.02 (8.3% below fair value)
Industry Position: 334.6% above the Furnishings, Fixtures & Appliances median (#45 of 433)
No single metric tells the full story. See the CHIX:HWDNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Howden Joinery Group Plc is the UK's specialist trade-only kitchen and joinery supplier, focused on serving trade customers through an in-stock, local depot model supported by UK manufacturing, sourcing, and distribution. The Company designs, manufactures, and sources kitchen and joinery products, including cabinets, cabinet frontals, worktops, and skirting boards, and supplies a multiple products such as appliances, joinery, flooring, and hardware necessary to complete any kitchen, along with design, planning, and support services to trade customers. The business operates as a trade-only, in-stock kitchen and joinery supply model supported by manufacturing, sourcing, and distribution operations. It generates the majority of its revenue from the UK.
93GF Score
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