TeamViewer SECHIX:TMVD 72 Operating Margin % is 34.92% as of Mar. 2026, which is 16% above its 10-year median of 30.22. GuruFocus rates CHIX:TMVD with a GF Score™ of 72/100 and a GF Value™ of €14.56 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,818 Software companies, TeamViewer SE ranks better than 96.74% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. TeamViewer SE's Operating Income for the
three
months ended in Mar. 2026 was €64.0 Mil. TeamViewer SE's Revenue for the
three
months ended in Mar. 2026 was €183.2 Mil. Therefore, TeamViewer SE's Operating Margin % for the quarter that ended in Mar. 2026 was 34.92%.
Good Sign:
TeamViewer SE operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for TeamViewer SE's Operating Margin % or its related term are showing as below:
CHIX:TMVd'
s Operating Margin % Range Over the Past 10 Years
Min: -7.93 Med: 30.22 Max: 44.71
Current: 36.19
CHIX:TMVd's Operating Margin % is ranked better than 96.74% of 2818
companies
in the Software industry
Industry Median: 3.865
vs CHIX:TMVd: 36.19
TeamViewer SE's 5-Year Average Operating Margin % Growth Rate was 0.30% per year.
TeamViewer SE's Operating Income for the
three
months ended in Mar. 2026 was €64.0 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €271.8 Mil.
TeamViewer SE (CHIX:TMVd) 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.
TeamViewer SE Operating Margin % Related Terms
TeamViewer SE Operating Margin % Historical Data
* Premium members only.
The historical data trend for TeamViewer SE'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:TMVD vs CRM, SHOP, UBER: Operating Margin % Comparison
For the Software - Application subindustry, TeamViewer SE'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.
TeamViewer SE Operating Margin % vs Software Industry
For the Software industry and Technology sector, TeamViewer SE's Operating Margin % distribution charts can be found below:
* The bar in red indicates where TeamViewer SE'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.
TeamViewer SE'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.
TeamViewer SE (CHIX:TMVD) has a Operating Margin % of 34.92% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on TeamViewer SE and its competitors. This is 16% above median its historical median of 30.22. According to the industry distribution chart, TeamViewer SE ranks #92 out of 2818 companies in the Software industry, placing it in the top 3.3%.
Is TeamViewer SE's Operating Margin % too high?
TeamViewer SE's current Operating Margin % of 34.92% is 16% above median its 10-year median of 30.22. The Software industry median Operating Margin % is 3.87. TeamViewer SE's value of 34.92% is 803.5% above this industry median. Based on the distribution chart, TeamViewer SE ranks #92 out of 2818 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, TeamViewer SE has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TeamViewer SE's Operating Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, TeamViewer SE ranks #92 out of 2818 companies for Operating Margin %. This places TeamViewer SE in the top 3% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.87. TeamViewer SE's value of 34.92% is 803.5% above this benchmark. While the company's 10-year median is 30.22 vs. the industry median of 3.87, TeamViewer SE 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 3.87, 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. TeamViewer SE's current Operating Margin % of 34.92% is 803.5% 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 TeamViewer SE and its competitors. For the Software industry, the median Operating Margin % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TeamViewer SE's current Operating Margin % is 34.92%, which is 16% above median its own 10-year median of 30.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TeamViewer SE stock overvalued right now?
Based on GuruFocus' analysis, TeamViewer SE (CHIX:TMVD) is currently considered Possible Value Trap. The stock's GF Value™ is €14.56, compared to a current price of €5.85 — trading 59.8% below its estimated fair value. The current Operating Margin % is 34.92%, which is 16% above median its 10-year median of 30.22 and 803.5% above the Software industry median of 3.87. TeamViewer SE's overall GF Score™ is 72/100 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 TeamViewer SE (CHIX:TMVD), the current Operating Margin % is 34.92% 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 TeamViewer SE (CHIX:TMVD) Overvalued in 2026?
Based on GuruFocus' analysis, TeamViewer SE stock appears to be undervalued.
The current stock price of €5.85 is trading 59.8% below its estimated GF Value™ of €14.56.
GuruFocus considers TeamViewer SE to be Possible Value Trap.
Key valuation signals for CHIX:TMVD:
Operating Margin %: 34.92% (16% above median its 10-year median of 30.22)
GF Value™: €14.56 vs. price of €5.85 (59.8% below fair value)
Industry Position: 803.5% above the Software median (#92 of 2818)
No single metric tells the full story. See the CHIX:TMVD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TeamViewer is a German software company specializing in remote connectivity solutions. Its products enable secure remote access, control, management, and support to any device. Common use cases include remote IT support, after-sales service, and vision picking. The company's offerings extend to the Internet of Things and augmented reality. TeamViewer customers are mainly small and medium-size businesses, but it also has a growing number of enterprise customers.
72GF Score
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