STRABAG SEFRA:XD4 +1.12%73 Operating Margin % is 8.72% as of Dec. 2025, which is 171% above its 10-year median of 3.22. GuruFocus rates FRA:XD4 with a GF Score™ of 73/100 and a GF Value™ of €40.97 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,767 Construction companies, STRABAG SE ranks worse than 55.97% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. STRABAG SE's Operating Income for the
six
months ended in Dec. 2025 was €938 Mil. STRABAG SE's Revenue for the
six
months ended in Dec. 2025 was €10,762 Mil. Therefore, STRABAG SE's Operating Margin % for the quarter that ended in Dec. 2025 was 8.72%.
Good Sign:
STRABAG SE operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for STRABAG SE's Operating Margin % or its related term are showing as below:
FRA:XD4'
s Operating Margin % Range Over the Past 10 Years
Min: 1.06 Med: 3.22 Max: 5.03
Current: 5.03
FRA:XD4's Operating Margin % is ranked worse than 55.97% of 1767
companies
in the Construction industry
Industry Median: 5.89
vs FRA:XD4: 5.03
STRABAG SE's 5-Year Average Operating Margin % Growth Rate was 7.40% per year.
STRABAG SE's Operating Income for the
six
months ended in Dec. 2025 was €938 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €941 Mil.
STRABAG SE (FRA:XD4) 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.
STRABAG SE Operating Margin % Related Terms
STRABAG SE Operating Margin % Historical Data
* Premium members only.
The historical data trend for STRABAG 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:XD4 vs PWR, FIX, EME: Operating Margin % Comparison
For the Engineering & Construction subindustry, STRABAG 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.
STRABAG SE Operating Margin % vs Construction Industry
For the Construction industry and Industrials sector, STRABAG SE's Operating Margin % distribution charts can be found below:
* The bar in red indicates where STRABAG 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.
STRABAG 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.
STRABAG SE (FRA:XD4) has a Operating Margin % of 8.72% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on STRABAG SE and its competitors. This is 171% above median its historical median of 3.22. Over the past decade, STRABAG SE's Operating Margin % has ranged from 1.06 to 5.03. According to the industry distribution chart, STRABAG SE ranks #989 out of 1767 companies in the Construction industry, placing it in the top 56%.
Is STRABAG SE's Operating Margin % too high?
STRABAG SE's current Operating Margin % of 8.72% is 171% above median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 5.03. The Construction industry median Operating Margin % is 5.89. STRABAG SE's value of 8.72% is 48% above this industry median. Based on the distribution chart, STRABAG SE ranks #989 out of 1767 companies in the Construction industry, which is below the industry midpoint. Overall, STRABAG SE has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does STRABAG SE's Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, STRABAG SE ranks #989 out of 1767 companies for Operating Margin %. This places STRABAG SE in the lower half of its industry. The industry median Operating Margin % is 5.89. STRABAG SE's value of 8.72% is 48% above this benchmark. Historically, STRABAG SE's own Operating Margin % has ranged from 1.06 to 5.03 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 5.89, STRABAG SE 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,767 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. STRABAG SE's current Operating Margin % of 8.72% is 48% 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 STRABAG SE and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STRABAG SE's current Operating Margin % is 8.72%, which is 171% above median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STRABAG SE stock overvalued right now?
Based on GuruFocus' analysis, STRABAG SE (FRA:XD4) is currently considered Significantly Overvalued. The stock's GF Value™ is €40.97, compared to a current price of €90.20 — trading 120.2% above its estimated fair value. The current Operating Margin % is 8.72%, which is 171% above median its 10-year median of 3.22 and 48% above the Construction industry median of 5.89. STRABAG SE's overall GF Score™ is 73/100 with 4 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 STRABAG SE (FRA:XD4), the current Operating Margin % is 8.72% as of Dec. 2025. 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 STRABAG SE (FRA:XD4) Overvalued in 2026?
Based on GuruFocus' analysis, STRABAG SE stock appears to be overvalued.
The current stock price of €90.20 is trading 120.2% above its estimated GF Value™ of €40.97.
GuruFocus considers STRABAG SE to be Significantly Overvalued.
Key valuation signals for FRA:XD4:
Operating Margin %: 8.72% (171% above median its 10-year median of 3.22)
GF Value™: €40.97 vs. price of €90.20 (120.2% above fair value)
Industry Position: 48% above the Construction median (#989 of 1767)
No single metric tells the full story. See the FRA:XD4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Its activities span all areas of the construction industry and cover the entire construction value chain. It has four operating segments: North and West; South and East; International and Special divisions; and Other. It builds large transportation infrastructure, plants, commercial and industrial facilities, and other large structures related to industrial development. The company generates revenue in Germany, Austria, the Rest of Europe, and the Rest of world of which majority of revenue comes from Germany.
73GF Score
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