IGM Financial (FRA:C7G) Operating Margin %: 32.52% (As of Mar. 2026) — Near Median


FRA:C7G IGM Financial Inc FRA:C7G
82 GF Score
Price €48.40
GF Value €31.60
! 9 Warning Signs
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What is IGM Financial Operating Margin %?

IGM Financial FRA:C7G +0.83% 82 Operating Margin % is 32.52% as of Mar. 2026, which is 0% below its 10-year median of 32.63. GuruFocus rates FRA:C7G with a GF Score™ of 82/100 and a GF Value™ of €31.60. The stock has 9 warning signs investors should review. Among 657 Asset Management companies, IGM Financial ranks better than 63.01% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. IGM Financial's Operating Income for the three months ended in Mar. 2026 was €208 Mil. IGM Financial's Revenue for the three months ended in Mar. 2026 was €640 Mil. Therefore, IGM Financial's Operating Margin % for the quarter that ended in Mar. 2026 was 32.52%.

Good Sign:

IGM Financial Inc operating margin is expanding. Margin expansion is usually a good sign.

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

FRA:C7G' s Operating Margin % Range Over the Past 10 Years
Min: 31.19   Med: 32.63   Max: 45.42
Current: 33.33


FRA:C7G's Operating Margin % is ranked better than
63.01% of 657 companies
in the Asset Management industry
Industry Median: 16.85 vs FRA:C7G: 33.33

IGM Financial's 5-Year Average Operating Margin % Growth Rate was 0.30% per year.

IGM Financial's Operating Income for the three months ended in Mar. 2026 was €208 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €818 Mil.


IGM Financial  (FRA:C7G) 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.


IGM Financial Operating Margin % Related Terms


IGM Financial Operating Margin % Historical Data

* Premium members only.

The historical data trend for IGM Financial'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.

IGM Financial Operating Margin % Chart

IGM Financial 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 33.04 32.06 31.32 32.25 33.01

IGM Financial 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 31.07 31.95 34.72 34.04 32.52

FRA:C7G vs BLK, BX, KKR: Operating Margin % Comparison

For the Asset Management subindustry, IGM Financial'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.


IGM Financial Operating Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, IGM Financial's Operating Margin % distribution charts can be found below:

* The bar in red indicates where IGM Financial's Operating Margin % falls into.


FRA:C7G
82GF Score
IGM Financial Inc FRA:C7G
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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IGM Financial 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.

IGM Financial'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 )
=780.838 / 2365.345
=33.01 %

IGM Financial'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 )
=208.186 / 640.273
=32.52 %

* 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 32.52% mean?
IGM Financial (FRA:C7G) has a Operating Margin % of 32.52% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on IGM Financial and its competitors. This is near median its historical median of 32.63. Over the past decade, IGM Financial's Operating Margin % has ranged from 31.19 to 45.42. According to the industry distribution chart, IGM Financial ranks #243 out of 657 companies in the Asset Management industry, placing it in the top 37%.
Is IGM Financial's Operating Margin % too high?
IGM Financial's current Operating Margin % of 32.52% is near median its 10-year median of 32.63. Over the past 10 years, this metric has ranged from a low of 31.19 to a high of 45.42. The Asset Management industry median Operating Margin % is 16.85. IGM Financial's value of 32.52% is 93% above this industry median. Based on the distribution chart, IGM Financial ranks #243 out of 657 companies in the Asset Management industry, which is above the industry midpoint. Overall, IGM Financial has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does IGM Financial's Operating Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, IGM Financial ranks #243 out of 657 companies for Operating Margin %. This puts IGM Financial in the upper half of its industry. The industry median Operating Margin % is 16.85. IGM Financial's value of 32.52% is 93% above this benchmark. Historically, IGM Financial's own Operating Margin % has ranged from 31.19 to 45.42 over the past decade. While the company's 10-year median is 32.63 vs. the industry median of 16.85, IGM Financial 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 Asset Management company?
The median Operating Margin % among Asset Management companies is 16.85, based on 657 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. IGM Financial's current Operating Margin % of 32.52% is 93% 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 IGM Financial and its competitors. For the Asset Management industry, the median Operating Margin % is 16.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGM Financial's current Operating Margin % is 32.52%, which is near median its own 10-year median of 32.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Financial stock overvalued right now?
IGM Financial (FRA:C7G) has a current Operating Margin % of 32.52%. The stock's GF Value™ is €31.60, compared to a current price of €48.40 — trading 53.2% above its estimated fair value. The current Operating Margin % is 32.52%, which is near median its 10-year median of 32.63 and 93% above the Asset Management industry median of 16.85. IGM Financial's overall GF Score™ is 82/100 with 9 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 IGM Financial (FRA:C7G), the current Operating Margin % is 32.52% 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 IGM Financial (FRA:C7G) Overvalued in 2026?

Based on GuruFocus' analysis, IGM Financial stock appears to be overvalued. The current stock price of €48.40 is trading 53.2% above its estimated GF Value™ of €31.60.

Key valuation signals for FRA:C7G:

  • Operating Margin %: 32.52% (near median its 10-year median of 32.63)
  • GF Value™: €31.60 vs. price of €48.40 (53.2% above fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 93% above the Asset Management median (#243 of 657)

No single metric tells the full story. See the FRA:C7G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGM Financial Business Description

Address 447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5
IGM Financial is a leading nonbank Canadian wealth and asset management company. Power Corporation of Canada, which also holds a majority stake in Great-West Life co, has a majority stake (62%) in IGM. The company has two main operating segments, wealth management and asset management. As of December 2025, IGM's wealth management unit had CAD 159 billion in assets under advisement, or AUA, while the firm's asset management unit had CAD 151 billion in third-party assets under management, or AUM.
82GF Score

Get the complete analysis for FRA:C7G

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

€48.40
Price
€31.60
GF Value