Vodafone Qatar QSC (DSMD:VFQS) Operating Margin %: 24.80% (As of Mar. 2026) — 93% Above Median

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DSMD:VFQS Vodafone Qatar QSC DSMD:VFQS
84 GF Score
Price ر.ق2.57
GF Value ر.ق2.11
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Vodafone Qatar QSC Operating Margin %?

Vodafone Qatar QSC DSMD:VFQS 84 Operating Margin % is 24.80% as of Mar. 2026, which is 93% above its 10-year median of 12.84. GuruFocus rates DSMD:VFQS with a GF Score™ of 84/100 and a GF Value™ of ر.ق2.11 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 362 Telecommunication Services companies, Vodafone Qatar QSC ranks better than 81.77% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vodafone Qatar QSC's Operating Income for the three months ended in Mar. 2026 was ر.ق227 Mil. Vodafone Qatar QSC's Revenue for the three months ended in Mar. 2026 was ر.ق914 Mil. Therefore, Vodafone Qatar QSC's Operating Margin % for the quarter that ended in Mar. 2026 was 24.80%.

Good Sign:

Vodafone Qatar QSC operating margin is expanding. Margin expansion is usually a good sign.

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

DSMD:VFQS' s Operating Margin % Range Over the Past 10 Years
Min: -19.57   Med: 12.84   Max: 23.6
Current: 23.6


DSMD:VFQS's Operating Margin % is ranked better than
81.77% of 362 companies
in the Telecommunication Services industry
Industry Median: 9.74 vs DSMD:VFQS: 23.60

Vodafone Qatar QSC's 5-Year Average Operating Margin % Growth Rate was 15.10% per year.

Vodafone Qatar QSC's Operating Income for the three months ended in Mar. 2026 was ر.ق227 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ر.ق828 Mil.


Vodafone Qatar QSC  (DSMD:VFQS) 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.


Vodafone Qatar QSC Operating Margin % Related Terms


Vodafone Qatar QSC Operating Margin % Historical Data

* Premium members only.

The historical data trend for Vodafone Qatar QSC'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.

Vodafone Qatar QSC Operating Margin % Chart

Vodafone Qatar QSC Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.39 19.52 21.07 22.12 22.92

Vodafone Qatar QSC 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 22.14 21.55 23.03 25.01 24.80

DSMD:VFQS vs TMUS, VZ, T: Operating Margin % Comparison

For the Telecom Services subindustry, Vodafone Qatar QSC'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.


Vodafone Qatar QSC Operating Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vodafone Qatar QSC's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Vodafone Qatar QSC's Operating Margin % falls into.


DSMD:VFQS
84GF Score
Vodafone Qatar QSC DSMD:VFQS
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vodafone Qatar QSC 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.

Vodafone Qatar QSC'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 )
=789.893 / 3446.506
=22.92 %

Vodafone Qatar QSC'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 )
=226.698 / 914.026
=24.80 %

* 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 24.80% mean?
Vodafone Qatar QSC (DSMD:VFQS) has a Operating Margin % of 24.80% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Vodafone Qatar QSC and its competitors. This is 93% above median its historical median of 12.84. According to the industry distribution chart, Vodafone Qatar QSC ranks #66 out of 362 companies in the Telecommunication Services industry, placing it in the top 18.2%.
Is Vodafone Qatar QSC's Operating Margin % too high?
Vodafone Qatar QSC's current Operating Margin % of 24.80% is 93% above median its 10-year median of 12.84. The Telecommunication Services industry median Operating Margin % is 9.74. Vodafone Qatar QSC's value of 24.80% is 154.6% above this industry median. Based on the distribution chart, Vodafone Qatar QSC ranks #66 out of 362 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Vodafone Qatar QSC has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vodafone Qatar QSC's Operating Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Vodafone Qatar QSC ranks #66 out of 362 companies for Operating Margin %. This places Vodafone Qatar QSC in the top 18% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 9.74. Vodafone Qatar QSC's value of 24.80% is 154.6% above this benchmark. While the company's 10-year median is 12.84 vs. the industry median of 9.74, Vodafone Qatar QSC 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 Telecommunication Services company?
The median Operating Margin % among Telecommunication Services companies is 9.74, based on 362 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. Vodafone Qatar QSC's current Operating Margin % of 24.80% is 154.6% 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 Vodafone Qatar QSC and its competitors. For the Telecommunication Services industry, the median Operating Margin % is 9.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vodafone Qatar QSC's current Operating Margin % is 24.80%, which is 93% above median its own 10-year median of 12.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodafone Qatar QSC stock overvalued right now?
Based on GuruFocus' analysis, Vodafone Qatar QSC (DSMD:VFQS) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ق2.11, compared to a current price of ر.ق2.57 — trading 21.7% above its estimated fair value. The current Operating Margin % is 24.80%, which is 93% above median its 10-year median of 12.84 and 154.6% above the Telecommunication Services industry median of 9.74. Vodafone Qatar QSC's overall GF Score™ is 84/100 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 Vodafone Qatar QSC (DSMD:VFQS), the current Operating Margin % is 24.80% 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 Vodafone Qatar QSC (DSMD:VFQS) Overvalued in 2026?

Based on GuruFocus' analysis, Vodafone Qatar QSC stock appears to be overvalued. The current stock price of ر.ق2.57 is trading 21.7% above its estimated GF Value™ of ر.ق2.11. GuruFocus considers Vodafone Qatar QSC to be Modestly Overvalued.

Key valuation signals for DSMD:VFQS:

  • Operating Margin %: 24.80% (93% above median its 10-year median of 12.84)
  • GF Value™: ر.ق2.11 vs. price of ر.ق2.57 (21.7% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 154.6% above the Telecommunication Services median (#66 of 362)

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


Vodafone Qatar QSC Business Description

Address Street 981, Doha Zone 3, P.O. Box 27727, Building number 2, 4th Floor, Msherieb Downtown, Doha, QAT
Vodafone Qatar QSC provides cellular mobile telecommunication services, fixed-line services, and sells mobile-related equipment and accessories. It operates in two segments: Consumer and Enterprise and others. Its services include messaging, interconnect, data broadband services, connection fees, and equipment sales. The company offers a comprehensive range of services that include voice, messaging, data, fixed communications, Internet of Things and ICT managed services, for consumers and businesses alike.
84GF Score

Get the complete analysis for DSMD:VFQS

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

ر.ق2.57
Price
ر.ق2.11
GF Value