Dr. Ing. h.c. F. Porsche AGFRA:P911 -0.15%73 Operating Margin % is 7.08% as of Mar. 2026, which is 55% below its 10-year median of 15.70. GuruFocus rates FRA:P911 with a GF Score™ of 73/100 and a GF Value™ of €59.32 (Modestly Undervalued). The stock has 13 warning signs investors should review. Among 1,325 Vehicles & Parts companies, Dr. Ing. h.c. F. Porsche AG ranks worse than 78.57% on this metric.
Dr. Ing. h.c. F. Porsche AG has recorded a loss in operating income at least once over the past 3 years.
Dr. Ing. h.c. F. Porsche AG (FRA:P911) 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.
Dr. Ing. h.c. F. Porsche AG Operating Margin % Related Terms
Dr. Ing. h.c. F. Porsche AG Operating Margin % Historical Data
* 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.
Dr. Ing. h.c. F. Porsche AG Operating Margin % Chart
FRA:P911 vs TSLA, GM, F: Operating Margin % Comparison
For the Auto Manufacturers subindustry, Dr. Ing. h.c. F. Porsche AG'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.
Dr. Ing. h.c. F. Porsche AG Operating Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Dr. Ing. h.c. F. Porsche AG's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Dr. Ing. h.c. F. Porsche AG's Operating Margin % falls into.
Dr. Ing. h.c. F. Porsche AG 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.
Dr. Ing. h.c. F. Porsche AG'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.
Dr. Ing. h.c. F. Porsche AG (FRA:P911) has a Operating Margin % of 7.08% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Dr. Ing. h.c. F. Porsche AG and its competitors. This is 55% below median its historical median of 15.70. Over the past decade, Dr. Ing. h.c. F. Porsche AG's Operating Margin % has ranged from 0.49 to 17.62. According to the industry distribution chart, Dr. Ing. h.c. F. Porsche AG ranks #1041 out of 1325 companies in the Vehicles & Parts industry, placing it in the top 78.6%.
Is Dr. Ing. h.c. F. Porsche AG's Operating Margin % too high?
Dr. Ing. h.c. F. Porsche AG's current Operating Margin % of 7.08% is 55% below median its 10-year median of 15.70. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 17.62. The Vehicles & Parts industry median Operating Margin % is 4.86. Dr. Ing. h.c. F. Porsche AG's value of 7.08% is 45.7% above this industry median. Based on the distribution chart, Dr. Ing. h.c. F. Porsche AG ranks #1041 out of 1325 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Dr. Ing. h.c. F. Porsche AG has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dr. Ing. h.c. F. Porsche AG's Operating Margin % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Dr. Ing. h.c. F. Porsche AG ranks #1041 out of 1325 companies for Operating Margin %. This places Dr. Ing. h.c. F. Porsche AG in the lower half of its industry. The industry median Operating Margin % is 4.86. Dr. Ing. h.c. F. Porsche AG's value of 7.08% is 45.7% above this benchmark. Historically, Dr. Ing. h.c. F. Porsche AG's own Operating Margin % has ranged from 0.49 to 17.62 over the past decade. While the company's 10-year median is 15.70 vs. the industry median of 4.86, Dr. Ing. h.c. F. Porsche AG 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 Vehicles & Parts company?
The median Operating Margin % among Vehicles & Parts companies is 4.86, based on 1,325 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. Dr. Ing. h.c. F. Porsche AG's current Operating Margin % of 7.08% is 45.7% 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 Dr. Ing. h.c. F. Porsche AG and its competitors. For the Vehicles & Parts industry, the median Operating Margin % is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dr. Ing. h.c. F. Porsche AG's current Operating Margin % is 7.08%, which is 55% below median its own 10-year median of 15.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dr. Ing. h.c. F. Porsche AG stock overvalued right now?
Based on GuruFocus' analysis, Dr. Ing. h.c. F. Porsche AG (FRA:P911) is currently considered Modestly Undervalued. The stock's GF Value™ is €59.32, compared to a current price of €47.57 — trading 19.8% below its estimated fair value. The current Operating Margin % is 7.08%, which is 55% below median its 10-year median of 15.70 and 45.7% above the Vehicles & Parts industry median of 4.86. Dr. Ing. h.c. F. Porsche AG's overall GF Score™ is 73/100 with 13 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 Dr. Ing. h.c. F. Porsche AG (FRA:P911), the current Operating Margin % is 7.08% 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 Dr. Ing. h.c. F. Porsche AG (FRA:P911) Overvalued in 2026?
Based on GuruFocus' analysis, Dr. Ing. h.c. F. Porsche AG stock appears to be undervalued.
The current stock price of €47.57 is trading 19.8% below its estimated GF Value™ of €59.32.
GuruFocus considers Dr. Ing. h.c. F. Porsche AG to be Modestly Undervalued.
Key valuation signals for FRA:P911:
Operating Margin %: 7.08% (55% below median its 10-year median of 15.70)
GF Value™: €59.32 vs. price of €47.57 (19.8% below fair value)
Industry Position: 45.7% above the Vehicles & Parts median (#1041 of 1325)
No single metric tells the full story. See the FRA:P911 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Porsche designs, engineers, and manufactures premium cars synonymous with its racing history heritage, engineering mastery, sporty design, and driving experience. Porsche is uniquely positioned in that its brand is associated with luxury, but it produces cars on a much larger scale than its superluxury peers. Porsche sold 279,000 vehicles in 2025 at an average price of EUR 130,000. Europe, North America, mainland China including Hong Kong, and the rest of the world accounted for 34%, 31%, 15%, and 20% of volume in 2025, respectively. Ninety-two percent of revenue is generated from the sale of cars and related services, with the remainder from the captive finance arm. Porsche's equity is tightly held with Volkswagen owning 75.4% and Porsche SE (the Porsche/Piëch family) owning 12.5%.
73GF Score
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