ECA Marcellus Trust IECTM -2.77%53 Operating Margin % is 87.90% as of Mar. 2026, which is 32% above its 10-year median of 66.63. GuruFocus rates ECTM with a GF Score™ of 53/100 and a GF Value™ of $0.68 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 916 Oil & Gas companies, ECA Marcellus Trust I ranks better than 98.36% on this metric.
ECA Marcellus Trust I (OTCPK:ECTM) 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.
ECA Marcellus Trust I Operating Margin % Related Terms
ECA Marcellus Trust I Operating Margin % Historical Data
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The historical data trend for ECA Marcellus Trust I'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.
ECTM vs SKYQ, VIVK, XOM: Operating Margin % Comparison
For the Oil & Gas Integrated subindustry, ECA Marcellus Trust I'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.
ECA Marcellus Trust I Operating Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ECA Marcellus Trust I's Operating Margin % distribution charts can be found below:
* The bar in red indicates where ECA Marcellus Trust I's Operating Margin % falls into.
ECA Marcellus Trust I 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.
ECA Marcellus Trust I'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.
ECA Marcellus Trust I (ECTM) has a Operating Margin % of 87.90% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on ECA Marcellus Trust I and its competitors. This is 32% above median its historical median of 66.63. Over the past decade, ECA Marcellus Trust I's Operating Margin % has ranged from 8.63 to 86.85. According to the industry distribution chart, ECA Marcellus Trust I ranks #15 out of 916 companies in the Oil & Gas industry, placing it in the top 1.6%.
Is ECA Marcellus Trust I's Operating Margin % too high?
ECA Marcellus Trust I's current Operating Margin % of 87.90% is 32% above median its 10-year median of 66.63. Over the past 10 years, this metric has ranged from a low of 8.63 to a high of 86.85. The Oil & Gas industry median Operating Margin % is 6.86. ECA Marcellus Trust I's value of 87.90% is 1181.3% above this industry median. Based on the distribution chart, ECA Marcellus Trust I ranks #15 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, ECA Marcellus Trust I has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ECA Marcellus Trust I's Operating Margin % compare to SKYQ and VIVK?
According to the Oil & Gas industry distribution chart, ECA Marcellus Trust I ranks #15 out of 916 companies for Operating Margin %. This places ECA Marcellus Trust I in the top 2% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.86. ECA Marcellus Trust I's value of 87.90% is 1181.3% above this benchmark. Historically, ECA Marcellus Trust I's own Operating Margin % has ranged from 8.63 to 86.85 over the past decade. While the company's 10-year median is 66.63 vs. the industry median of 6.86, ECA Marcellus Trust I 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 an Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.86, based on 916 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. ECA Marcellus Trust I's current Operating Margin % of 87.90% is 1181.3% 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 ECA Marcellus Trust I and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ECA Marcellus Trust I's current Operating Margin % is 87.90%, which is 32% above median its own 10-year median of 66.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECA Marcellus Trust I stock overvalued right now?
Based on GuruFocus' analysis, ECA Marcellus Trust I (ECTM) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.68, compared to a current price of $0.61 — trading 10.3% below its estimated fair value. The current Operating Margin % is 87.90%, which is 32% above median its 10-year median of 66.63 and 1181.3% above the Oil & Gas industry median of 6.86. ECA Marcellus Trust I's overall GF Score™ is 53/100 with 2 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 ECA Marcellus Trust I (ECTM), the current Operating Margin % is 87.90% 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 ECA Marcellus Trust I (ECTM) Overvalued in 2026?
Based on GuruFocus' analysis, ECA Marcellus Trust I stock appears to be undervalued.
The current stock price of $0.61 is trading 10.3% below its estimated GF Value™ of $0.68.
GuruFocus considers ECA Marcellus Trust I to be Modestly Undervalued.
Key valuation signals for ECTM:
Operating Margin %: 87.90% (32% above median its 10-year median of 66.63)
GF Value™: $0.68 vs. price of $0.61 (10.3% below fair value)
Industry Position: 1181.3% above the Oil & Gas median (#15 of 916)
No single metric tells the full story. See the ECTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ECA Marcellus Trust I is a statutory trust. The trust's purpose is, in general, to hold the Royalty Interests, to distribute to the Trust unitholders cash that the Trust receives in respect of the Royalty Interests after the payment of Trust expenses, and to perform certain administrative functions in respect of the Royalty Interests and the Trust units.
53GF Score
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