Airbus SEFRA:AIR +1.37%90 Operating Margin % is 1.48% as of Mar. 2026, which is 74% below its 10-year median of 5.72. GuruFocus rates FRA:AIR with a GF Score™ of 90/100 and a GF Value™ of €173.57 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 347 Aerospace & Defense companies, Airbus SE ranks worse than 52.45% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Airbus SE's Operating Income for the
three
months ended in Mar. 2026 was €187 Mil. Airbus SE's Revenue for the
three
months ended in Mar. 2026 was €12,651 Mil. Therefore, Airbus SE's Operating Margin % for the quarter that ended in Mar. 2026 was 1.48%.
Good Sign:
Airbus SE operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Airbus SE's Operating Margin % or its related term are showing as below:
FRA:AIR'
s Operating Margin % Range Over the Past 10 Years
Min: -0.64 Med: 5.72 Max: 9.27
Current: 6.73
FRA:AIR's Operating Margin % is ranked worse than 52.45% of 347
companies
in the Aerospace & Defense industry
Industry Median: 7.75
vs FRA:AIR: 6.73
Airbus SE's 5-Year Average Operating Margin % Growth Rate was 22.90% per year.
Airbus SE's Operating Income for the
three
months ended in Mar. 2026 was €187 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €4,883 Mil.
Airbus SE (FRA:AIR) 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.
Airbus SE Operating Margin % Related Terms
Airbus SE Operating Margin % Historical Data
* Premium members only.
The historical data trend for Airbus SE'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.
FRA:AIR vs GE, RTX, BA: Operating Margin % Comparison
For the Aerospace & Defense subindustry, Airbus SE'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.
Airbus SE Operating Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Airbus SE's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Airbus SE's Operating Margin % falls into.
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.
Airbus SE'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.
Airbus SE (FRA:AIR) has a Operating Margin % of 1.48% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Airbus SE and its competitors. This is 74% below median its historical median of 5.72. According to the industry distribution chart, Airbus SE ranks #182 out of 347 companies in the Aerospace & Defense industry, placing it in the top 52.4%.
Is Airbus SE's Operating Margin % too high?
Airbus SE's current Operating Margin % of 1.48% is 74% below median its 10-year median of 5.72. The Aerospace & Defense industry median Operating Margin % is 7.75. Airbus SE's value of 1.48% is 80.9% below this industry median. Based on the distribution chart, Airbus SE ranks #182 out of 347 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Airbus SE has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airbus SE's Operating Margin % compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Airbus SE ranks #182 out of 347 companies for Operating Margin %. This places Airbus SE in the lower half of its industry. The industry median Operating Margin % is 7.75. Airbus SE's value of 1.48% is 80.9% below this benchmark. While the company's 10-year median is 5.72 vs. the industry median of 7.75, Airbus SE 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 an Aerospace & Defense company?
The median Operating Margin % among Aerospace & Defense companies is 7.75, based on 347 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. Airbus SE's current Operating Margin % of 1.48% is 80.9% 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 Airbus SE and its competitors. For the Aerospace & Defense industry, the median Operating Margin % is 7.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airbus SE's current Operating Margin % is 1.48%, which is 74% below median its own 10-year median of 5.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airbus SE stock overvalued right now?
Based on GuruFocus' analysis, Airbus SE (FRA:AIR) is currently considered Modestly Overvalued. The stock's GF Value™ is €173.57, compared to a current price of €192.00 — trading 10.6% above its estimated fair value. The current Operating Margin % is 1.48%, which is 74% below median its 10-year median of 5.72 and 80.9% below the Aerospace & Defense industry median of 7.75. Airbus SE's overall GF Score™ is 90/100 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 Airbus SE (FRA:AIR), the current Operating Margin % is 1.48% 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 Airbus SE (FRA:AIR) Overvalued in 2026?
Based on GuruFocus' analysis, Airbus SE stock appears to be overvalued.
The current stock price of €192.00 is trading 10.6% above its estimated GF Value™ of €173.57.
GuruFocus considers Airbus SE to be Modestly Overvalued.
Key valuation signals for FRA:AIR:
Operating Margin %: 1.48% (74% below median its 10-year median of 5.72)
GF Value™: €173.57 vs. price of €192.00 (10.6% above fair value)
Industry Position: 80.9% below the Aerospace & Defense median (#182 of 347)
No single metric tells the full story. See the FRA:AIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Airbus is a global aerospace and defense firm that designs, develops, and manufactures commercial and military jets and helicopters, as well as space launch vehicles and satellites. The company operates three divisions: commercial, defense and space, and helicopters. Commercial offers multiple configurations of aircraft ranging from the narrow-body (120-200 seats) A220 and A320 series to the much larger A330 and A350 wide-body models. The defense and space segment supplies governments with military hardware, including transport aircraft, aerial tankers, and the Eurofighter Typhoon multirole jet. The helicopter division manufactures turbine helicopters for the civil and public markets.
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