LafargeHolcim Bangladesh (DHA:LHB) Operating Margin %: 15.34% (As of Mar. 2026) — 30% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:LHB LafargeHolcim Bangladesh PLC DHA:LHB
90 GF Score
Price BDT60.70
GF Value BDT60.58
Valuation Fairly Valued
! 6 Warning Signs
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What is LafargeHolcim Bangladesh Operating Margin %?

LafargeHolcim Bangladesh DHA:LHB -1.62% 90 Operating Margin % is 15.34% as of Mar. 2026, which is 30% below its 10-year median of 22.01. GuruFocus rates DHA:LHB with a GF Score™ of 90/100 and a GF Value™ of BDT60.58 (Fairly Valued). The stock has 6 warning signs investors should review. Among 403 Building Materials companies, LafargeHolcim Bangladesh ranks better than 86.1% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. LafargeHolcim Bangladesh's Operating Income for the three months ended in Mar. 2026 was BDT1,233 Mil. LafargeHolcim Bangladesh's Revenue for the three months ended in Mar. 2026 was BDT8,038 Mil. Therefore, LafargeHolcim Bangladesh's Operating Margin % for the quarter that ended in Mar. 2026 was 15.34%.

Good Sign:

LafargeHolcim Bangladesh PLC operating margin is expanding. Margin expansion is usually a good sign.

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

DHA:LHB' s Operating Margin % Range Over the Past 10 Years
Min: 11.77   Med: 22.01   Max: 27.35
Current: 20.84


DHA:LHB's Operating Margin % is ranked better than
86.1% of 403 companies
in the Building Materials industry
Industry Median: 7.62 vs DHA:LHB: 20.84

LafargeHolcim Bangladesh's 5-Year Average Operating Margin % Growth Rate was 2.50% per year.

LafargeHolcim Bangladesh's Operating Income for the three months ended in Mar. 2026 was BDT1,233 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was BDT6,009 Mil.


LafargeHolcim Bangladesh  (DHA:LHB) 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.


LafargeHolcim Bangladesh Operating Margin % Related Terms


LafargeHolcim Bangladesh Operating Margin % Historical Data

* Premium members only.

The historical data trend for LafargeHolcim Bangladesh'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.

LafargeHolcim Bangladesh Operating Margin % Chart

LafargeHolcim Bangladesh 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 23.57 25.39 27.35 21.66 22.35

LafargeHolcim Bangladesh 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 20.87 18.41 19.89 29.49 15.34

DHA:LHB vs CRH, VMC, MLM: Operating Margin % Comparison

For the Building Materials subindustry, LafargeHolcim Bangladesh'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.


LafargeHolcim Bangladesh Operating Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, LafargeHolcim Bangladesh's Operating Margin % distribution charts can be found below:

* The bar in red indicates where LafargeHolcim Bangladesh's Operating Margin % falls into.


DHA:LHB
90GF Score
LafargeHolcim Bangladesh PLC DHA:LHB
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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LafargeHolcim Bangladesh 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.

LafargeHolcim Bangladesh'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 )
=6552.869 / 29313.688
=22.35 %

LafargeHolcim Bangladesh'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 )
=1233.146 / 8038.41
=15.34 %

* 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 15.34% mean?
LafargeHolcim Bangladesh (DHA:LHB) has a Operating Margin % of 15.34% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on LafargeHolcim Bangladesh and its competitors. This is 30% below median its historical median of 22.01. Over the past decade, LafargeHolcim Bangladesh's Operating Margin % has ranged from 11.77 to 27.35. According to the industry distribution chart, LafargeHolcim Bangladesh ranks #56 out of 403 companies in the Building Materials industry, placing it in the top 13.9%.
Is LafargeHolcim Bangladesh's Operating Margin % too high?
LafargeHolcim Bangladesh's current Operating Margin % of 15.34% is 30% below median its 10-year median of 22.01. Over the past 10 years, this metric has ranged from a low of 11.77 to a high of 27.35. The Building Materials industry median Operating Margin % is 7.62. LafargeHolcim Bangladesh's value of 15.34% is 101.3% above this industry median. Based on the distribution chart, LafargeHolcim Bangladesh ranks #56 out of 403 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, LafargeHolcim Bangladesh has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LafargeHolcim Bangladesh's Operating Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, LafargeHolcim Bangladesh ranks #56 out of 403 companies for Operating Margin %. This places LafargeHolcim Bangladesh in the top 14% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.62. LafargeHolcim Bangladesh's value of 15.34% is 101.3% above this benchmark. Historically, LafargeHolcim Bangladesh's own Operating Margin % has ranged from 11.77 to 27.35 over the past decade. While the company's 10-year median is 22.01 vs. the industry median of 7.62, LafargeHolcim Bangladesh 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 Building Materials company?
The median Operating Margin % among Building Materials companies is 7.62, based on 403 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. LafargeHolcim Bangladesh's current Operating Margin % of 15.34% is 101.3% 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 LafargeHolcim Bangladesh and its competitors. For the Building Materials industry, the median Operating Margin % is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LafargeHolcim Bangladesh's current Operating Margin % is 15.34%, which is 30% below median its own 10-year median of 22.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LafargeHolcim Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, LafargeHolcim Bangladesh (DHA:LHB) is currently considered Fairly Valued. The stock's GF Value™ is BDT60.58, compared to a current price of BDT60.70 — trading 0.2% above its estimated fair value. The current Operating Margin % is 15.34%, which is 30% below median its 10-year median of 22.01 and 101.3% above the Building Materials industry median of 7.62. LafargeHolcim Bangladesh's overall GF Score™ is 90/100 with 6 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 LafargeHolcim Bangladesh (DHA:LHB), the current Operating Margin % is 15.34% 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 LafargeHolcim Bangladesh (DHA:LHB) Overvalued in 2026?

Based on GuruFocus' analysis, LafargeHolcim Bangladesh stock appears to be overvalued. The current stock price of BDT60.70 is trading 0.2% above its estimated GF Value™ of BDT60.58. GuruFocus considers LafargeHolcim Bangladesh to be Fairly Valued.

Key valuation signals for DHA:LHB:

  • Operating Margin %: 15.34% (30% below median its 10-year median of 22.01)
  • GF Value™: BDT60.58 vs. price of BDT60.70 (0.2% above fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 101.3% above the Building Materials median (#56 of 403)

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


LafargeHolcim Bangladesh Business Description

Address Tejgaon Gulshan Link Road, NinaKabbo, Level-7, 227/A Bir Uttam Mir Shawkat Sarak, Dhaka, BGD, 1208
LafargeHolcim Bangladesh PLC is a frontline cement producer in Bangladesh. The company is engaged in the manufacturing and marketing cement in the local and international market. It operates a cement manufacturing plant at Chhatak. Company has divided it's operations in two business segments namely, Clinker and cement and Aggregates and derives majority revenue from the Clinker and cement segment.
90GF Score

Get the complete analysis for DHA:LHB

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

BDT60.70
Price
BDT60.58
GF Value