NICE (FRA:NSY) Operating Margin %: 16.49% (As of Mar. 2026) — 10% Above Median


FRA:NSY NICE Ltd FRA:NSY
77 GF Score
Price €76.00
GF Value €231.78
Valuation Significantly Undervalued
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What is NICE Operating Margin %?

NICE FRA:NSY +2.01% 77 Operating Margin % is 16.49% as of Mar. 2026, which is 10% above its 10-year median of 14.93. GuruFocus rates FRA:NSY with a GF Score™ of 77/100 and a GF Value™ of €231.78 (Significantly Undervalued). Among 2,820 Software companies, NICE ranks better than 88.44% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. NICE's Operating Income for the three months ended in Mar. 2026 was €110 Mil. NICE's Revenue for the three months ended in Mar. 2026 was €665 Mil. Therefore, NICE's Operating Margin % for the quarter that ended in Mar. 2026 was 16.49%.

Good Sign:

NICE Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

FRA:NSY' s Operating Margin % Range Over the Past 10 Years
Min: 11.27   Med: 14.93   Max: 21.92
Current: 20.72


FRA:NSY's Operating Margin % is ranked better than
88.44% of 2820 companies
in the Software industry
Industry Median: 3.865 vs FRA:NSY: 20.72

NICE's 5-Year Average Operating Margin % Growth Rate was 9.90% per year.

NICE's Operating Income for the three months ended in Mar. 2026 was €110 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €536 Mil.


NICE  (FRA:NSY) 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.


NICE Operating Margin % Related Terms


NICE Operating Margin % Historical Data

* Premium members only.

The historical data trend for NICE'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.

NICE Operating Margin % Chart

NICE 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 13.74 15.37 18.31 19.96 21.92

NICE 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 21.16 22.10 21.96 22.41 16.49

FRA:NSY vs CRM, SHOP, UBER: Operating Margin % Comparison

For the Software - Application subindustry, NICE'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.


NICE Operating Margin % vs Software Industry

For the Software industry and Technology sector, NICE's Operating Margin % distribution charts can be found below:

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


FRA:NSY
77GF Score
NICE Ltd FRA:NSY
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NICE 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.

NICE'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 )
=551.477 / 2515.371
=21.92 %

NICE'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 )
=109.639 / 664.854
=16.49 %

* 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 16.49% mean?
NICE (FRA:NSY) has a Operating Margin % of 16.49% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on NICE and its competitors. This is 10% above median its historical median of 14.93. Over the past decade, NICE's Operating Margin % has ranged from 11.27 to 21.92. According to the industry distribution chart, NICE ranks #326 out of 2820 companies in the Software industry, placing it in the top 11.6%.
Is NICE's Operating Margin % too high?
NICE's current Operating Margin % of 16.49% is 10% above median its 10-year median of 14.93. Over the past 10 years, this metric has ranged from a low of 11.27 to a high of 21.92. The Software industry median Operating Margin % is 3.87. NICE's value of 16.49% is 326.6% above this industry median. Based on the distribution chart, NICE ranks #326 out of 2820 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, NICE has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NICE's Operating Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, NICE ranks #326 out of 2820 companies for Operating Margin %. This places NICE in the top 12% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.87. NICE's value of 16.49% is 326.6% above this benchmark. Historically, NICE's own Operating Margin % has ranged from 11.27 to 21.92 over the past decade. While the company's 10-year median is 14.93 vs. the industry median of 3.87, NICE 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 Software company?
The median Operating Margin % among Software companies is 3.87, based on 2,820 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. NICE's current Operating Margin % of 16.49% is 326.6% 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 NICE and its competitors. For the Software industry, the median Operating Margin % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NICE's current Operating Margin % is 16.49%, which is 10% above median its own 10-year median of 14.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NICE stock overvalued right now?
Based on GuruFocus' analysis, NICE (FRA:NSY) is currently considered Significantly Undervalued. The stock's GF Value™ is €231.78, compared to a current price of €76.00 — trading 67.2% below its estimated fair value. The current Operating Margin % is 16.49%, which is 10% above median its 10-year median of 14.93 and 326.6% above the Software industry median of 3.87. NICE's overall GF Score™ is 77/100. 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 NICE (FRA:NSY), the current Operating Margin % is 16.49% 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 NICE (FRA:NSY) Overvalued in 2026?

Based on GuruFocus' analysis, NICE stock appears to be undervalued. The current stock price of €76.00 is trading 67.2% below its estimated GF Value™ of €231.78. GuruFocus considers NICE to be Significantly Undervalued.

Key valuation signals for FRA:NSY:

  • Operating Margin %: 16.49% (10% above median its 10-year median of 14.93)
  • GF Value™: €231.78 vs. price of €76.00 (67.2% below fair value)
  • GF Score™: 77/100
  • Industry Position: 326.6% above the Software median (#326 of 2820)

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


NICE Business Description

Address 13 Zarchin Street, P.O. Box 690, NICE 1, 2, 3, Ra\'anana, ISR, 4310602
Nice is an enterprise software company that serves the customer engagement and financial crime and compliance markets. Software is deployed primarily on the cloud, but also on premises. Within customer engagement, Nice's CXone is the leading CCaaS platform providing solutions such as call routing, interactive voice response, digital self-service, and workforce engagement management. Within financial crime and compliance, Nice offers risk and investigation management, fraud prevention, anti-money-laundering, and compliance solutions.
77GF Score

Get the complete analysis for FRA:NSY

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

€76.00
Price
€231.78
GF Value