SSP Group (FRA:83S2) Operating Margin %: 4.12% (As of Mar. 2026) — 39% Below Median


FRA:83S2 SSP Group PLC FRA:83S2
76 GF Score
Price €1.97
GF Value €2.11
Valuation Fairly Valued
! 7 Warning Signs
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What is SSP Group Operating Margin %?

SSP Group FRA:83S2 76 Operating Margin % is 4.12% as of Mar. 2026, which is 39% below its 10-year median of 6.70. GuruFocus rates FRA:83S2 with a GF Score™ of 76/100 and a GF Value™ of €2.11 (Fairly Valued). The stock has 7 warning signs investors should review. Among 365 Restaurants companies, SSP Group ranks better than 67.95% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. SSP Group's Operating Income for the six months ended in Mar. 2026 was €84 Mil. SSP Group's Revenue for the six months ended in Mar. 2026 was €2,034 Mil. Therefore, SSP Group's Operating Margin % for the quarter that ended in Mar. 2026 was 4.12%.

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

FRA:83S2' s Operating Margin % Range Over the Past 10 Years
Min: -40.41   Med: 6.7   Max: 7.84
Current: 7.29


FRA:83S2's Operating Margin % is ranked better than
67.95% of 365 companies
in the Restaurants industry
Industry Median: 4.26 vs FRA:83S2: 7.29

SSP Group's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

SSP Group's Operating Income for the six months ended in Mar. 2026 was €84 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €314 Mil.


SSP Group  (FRA:83S2) 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.


SSP Group Operating Margin % Related Terms


SSP Group Operating Margin % Historical Data

* Premium members only.

The historical data trend for SSP Group'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.

SSP Group Operating Margin % Chart

SSP Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -40.41 0.69 6.63 7.12 7.36

SSP Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.82 9.72 4.07 10.12 4.12

FRA:83S2 vs MCD, SBUX, CMG: Operating Margin % Comparison

For the Restaurants subindustry, SSP Group'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.


SSP Group Operating Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, SSP Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where SSP Group's Operating Margin % falls into.


FRA:83S2
76GF Score
SSP Group PLC FRA:83S2
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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SSP Group 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.

SSP Group's Operating Margin % for the fiscal year that ended in Sep. 2025 is calculated as

Operating Margin %=Operating Income (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=308.332 / 4189.192
=7.36 %

SSP Group'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 )
=83.732 / 2033.788
=4.12 %

* 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 4.12% mean?
SSP Group (FRA:83S2) has a Operating Margin % of 4.12% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on SSP Group and its competitors. This is 39% below median its historical median of 6.70. According to the industry distribution chart, SSP Group ranks #117 out of 365 companies in the Restaurants industry, placing it in the top 32.1%.
Is SSP Group's Operating Margin % too high?
SSP Group's current Operating Margin % of 4.12% is 39% below median its 10-year median of 6.70. The Restaurants industry median Operating Margin % is 4.26. SSP Group's value of 4.12% is 3.3% below this industry median. Based on the distribution chart, SSP Group ranks #117 out of 365 companies in the Restaurants industry, which is above the industry midpoint. Overall, SSP Group has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SSP Group's Operating Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, SSP Group ranks #117 out of 365 companies for Operating Margin %. This puts SSP Group in the upper half of its industry. The industry median Operating Margin % is 4.26. SSP Group's value of 4.12% is 3.3% below this benchmark. While the company's 10-year median is 6.70 vs. the industry median of 4.26, SSP Group has consistently been below 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 Restaurants company?
The median Operating Margin % among Restaurants companies is 4.26, based on 365 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. SSP Group's current Operating Margin % of 4.12% is 3.3% below 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 SSP Group and its competitors. For the Restaurants industry, the median Operating Margin % is 4.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSP Group's current Operating Margin % is 4.12%, which is 39% below median its own 10-year median of 6.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSP Group stock overvalued right now?
Based on GuruFocus' analysis, SSP Group (FRA:83S2) is currently considered Fairly Valued. The stock's GF Value™ is €2.11, compared to a current price of €1.97 — trading 6.6% below its estimated fair value. The current Operating Margin % is 4.12%, which is 39% below median its 10-year median of 6.70 and 3.3% below the Restaurants industry median of 4.26. SSP Group's overall GF Score™ is 76/100 with 7 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 SSP Group (FRA:83S2), the current Operating Margin % is 4.12% 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 SSP Group (FRA:83S2) Overvalued in 2026?

Based on GuruFocus' analysis, SSP Group stock appears to be undervalued. The current stock price of €1.97 is trading 6.6% below its estimated GF Value™ of €2.11. GuruFocus considers SSP Group to be Fairly Valued.

Key valuation signals for FRA:83S2:

  • Operating Margin %: 4.12% (39% below median its 10-year median of 6.70)
  • GF Value™: €2.11 vs. price of €1.97 (6.6% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 3.3% below the Restaurants median (#117 of 365)

No single metric tells the full story. See the FRA:83S2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SSP Group Business Description

Other Exchanges SSPPF:USASSPGl:UKSSPG:UK
Address 32 Jamestown Road, Jamestown Wharf, London, GBR, NW1 7HW
SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK and Ireland, Continental Europe, North America, and Asia Pacific and Eastern Europe & Middle East (APAC & EEME).
76GF Score

Get the complete analysis for FRA:83S2

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

€1.97
Price
€2.11
GF Value