Emaar Development PJSC (DFM:EMAARDEV) Operating Margin %: 47.20% (As of Mar. 2026) — 36% Above Median


DFM:EMAARDEV Emaar Development PJSC DFM:EMAARDEV
100 GF Score
Price د.إ14.04
GF Value د.إ20.13
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Emaar Development PJSC Operating Margin %?

Emaar Development PJSC DFM:EMAARDEV +1.30% 100 Operating Margin % is 47.20% as of Mar. 2026, which is 36% above its 10-year median of 34.71. GuruFocus rates DFM:EMAARDEV with a GF Score™ of 100/100 and a GF Value™ of د.إ20.13 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,743 Real Estate companies, Emaar Development PJSC ranks better than 83.53% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Emaar Development PJSC's Operating Income for the three months ended in Mar. 2026 was د.إ3,236 Mil. Emaar Development PJSC's Revenue for the three months ended in Mar. 2026 was د.إ6,856 Mil. Therefore, Emaar Development PJSC's Operating Margin % for the quarter that ended in Mar. 2026 was 47.20%.

Good Sign:

Emaar Development PJSC operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Emaar Development PJSC's Operating Margin % or its related term are showing as below:

DFM:EMAARDEV' s Operating Margin % Range Over the Past 10 Years
Min: 22.27   Med: 34.71   Max: 60.6
Current: 48.63


DFM:EMAARDEV's Operating Margin % is ranked better than
83.53% of 1743 companies
in the Real Estate industry
Industry Median: 13.37 vs DFM:EMAARDEV: 48.63

Emaar Development PJSC's 5-Year Average Operating Margin % Growth Rate was 19.60% per year.

Emaar Development PJSC's Operating Income for the three months ended in Mar. 2026 was د.إ3,236 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was د.إ14,256 Mil.


Emaar Development PJSC  (DFM:EMAARDEV) 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.


Emaar Development PJSC Operating Margin % Related Terms


Emaar Development PJSC Operating Margin % Historical Data

* Premium members only.

The historical data trend for Emaar Development PJSC'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.

Emaar Development PJSC Operating Margin % Chart

Emaar Development PJSC 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 26.16 34.26 60.60 47.25 48.82

Emaar Development PJSC 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 47.74 47.63 49.13 49.72 47.20

Emaar Development PJSC Operating Margin % Competitor Comparison

For the Real Estate - Development subindustry, Emaar Development PJSC'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.


Emaar Development PJSC Operating Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar Development PJSC's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Emaar Development PJSC's Operating Margin % falls into.


DFM:EMAARDEV
100GF Score
Emaar Development PJSC DFM:EMAARDEV
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Emaar Development PJSC 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.

Emaar Development PJSC'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 )
=13418.537 / 27485.826
=48.82 %

Emaar Development PJSC'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 )
=3235.953 / 6856.257
=47.20 %

* 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 47.20% mean?
Emaar Development PJSC (DFM:EMAARDEV) has a Operating Margin % of 47.20% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Emaar Development PJSC and its competitors. This is 36% above median its historical median of 34.71. Over the past decade, Emaar Development PJSC's Operating Margin % has ranged from 22.27 to 60.60. According to the industry distribution chart, Emaar Development PJSC ranks #287 out of 1743 companies in the Real Estate industry, placing it in the top 16.5%.
Is Emaar Development PJSC's Operating Margin % too high?
Emaar Development PJSC's current Operating Margin % of 47.20% is 36% above median its 10-year median of 34.71. Over the past 10 years, this metric has ranged from a low of 22.27 to a high of 60.60. The Real Estate industry median Operating Margin % is 13.37. Emaar Development PJSC's value of 47.20% is 253% above this industry median. Based on the distribution chart, Emaar Development PJSC ranks #287 out of 1743 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Emaar Development PJSC has a GF Score™ of 100/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emaar Development PJSC's Operating Margin % compare to competitors?
According to the Real Estate industry distribution chart, Emaar Development PJSC ranks #287 out of 1743 companies for Operating Margin %. This places Emaar Development PJSC in the top 17% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 13.37. Emaar Development PJSC's value of 47.20% is 253% above this benchmark. Historically, Emaar Development PJSC's own Operating Margin % has ranged from 22.27 to 60.60 over the past decade. While the company's 10-year median is 34.71 vs. the industry median of 13.37, Emaar Development PJSC 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 Real Estate company?
The median Operating Margin % among Real Estate companies is 13.37, based on 1,743 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. Emaar Development PJSC's current Operating Margin % of 47.20% is 253% 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 Emaar Development PJSC and its competitors. For the Real Estate industry, the median Operating Margin % is 13.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emaar Development PJSC's current Operating Margin % is 47.20%, which is 36% above median its own 10-year median of 34.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emaar Development PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emaar Development PJSC (DFM:EMAARDEV) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ20.13, compared to a current price of د.إ14.04 — trading 30.3% below its estimated fair value. The current Operating Margin % is 47.20%, which is 36% above median its 10-year median of 34.71 and 253% above the Real Estate industry median of 13.37. Emaar Development PJSC's overall GF Score™ is 100/100 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 Emaar Development PJSC (DFM:EMAARDEV), the current Operating Margin % is 47.20% 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 Emaar Development PJSC (DFM:EMAARDEV) Overvalued in 2026?

Based on GuruFocus' analysis, Emaar Development PJSC stock appears to be undervalued. The current stock price of د.إ14.04 is trading 30.3% below its estimated GF Value™ of د.إ20.13. GuruFocus considers Emaar Development PJSC to be Significantly Undervalued.

Key valuation signals for DFM:EMAARDEV:

  • Operating Margin %: 47.20% (36% above median its 10-year median of 34.71)
  • GF Value™: د.إ20.13 vs. price of د.إ14.04 (30.3% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 253% above the Real Estate median (#287 of 1743)

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


Emaar Development PJSC Business Description

Address Dubai Hills Estate Business Park, Building 1, Level 7, P.O. Box 9440, Dubai, ARE
Emaar Development PJSC is a property developer and provider of lifestyle-focused real estate, with operations in the Middle East, North Africa, and Asia. Its principal activities are property investment, development and development management, shopping malls and retail, entertainment, hospitality, property management and utility services and investments in providers of financial services. The majority of the company'ss revenue is derived from the sale of residential units. Geographically, the company is currently operating only in the UAE.
100GF Score

Get the complete analysis for DFM:EMAARDEV

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

د.إ14.04
Price
د.إ20.13
GF Value