Golar LNG (HAM:G2O) Operating Margin %: 50.40% (As of Mar. 2026) — 73% Above Median


HAM:G2O Golar LNG Ltd HAM:G2O
69 GF Score
Price €44.60
GF Value €48.64
! 9 Warning Signs
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What is Golar LNG Operating Margin %?

Golar LNG HAM:G2O +2.29% 69 Operating Margin % is 50.40% as of Mar. 2026, which is 73% above its 10-year median of 29.15. GuruFocus rates HAM:G2O with a GF Score™ of 69/100 and a GF Value™ of €48.64. The stock has 9 warning signs investors should review. Among 916 Oil & Gas companies, Golar LNG ranks better than 91.81% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Golar LNG's Operating Income for the three months ended in Mar. 2026 was €60.0 Mil. Golar LNG's Revenue for the three months ended in Mar. 2026 was €119.0 Mil. Therefore, Golar LNG's Operating Margin % for the quarter that ended in Mar. 2026 was 50.40%.

Warning Sign:

Golar LNG Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -8.6%.

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

HAM:G2O' s Operating Margin % Range Over the Past 10 Years
Min: -173.67   Med: 29.15   Max: 41.01
Current: 41.01


HAM:G2O's Operating Margin % is ranked better than
91.81% of 916 companies
in the Oil & Gas industry
Industry Median: 6.86 vs HAM:G2O: 41.01

Golar LNG's 5-Year Average Operating Margin % Growth Rate was -8.60% per year.

Golar LNG's Operating Income for the three months ended in Mar. 2026 was €60.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €164.7 Mil.

Warning Sign:

Golar LNG Ltd has recorded a loss in operating income at least once over the past 3 years.


Golar LNG  (HAM:G2O) 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.


Golar LNG Operating Margin % Related Terms


Golar LNG Operating Margin % Historical Data

* Premium members only.

The historical data trend for Golar LNG'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.

Golar LNG Operating Margin % Chart

Golar LNG 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 39.21 29.60 35.38 17.62 33.02

Golar LNG 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 11.34 -4.80 57.01 42.64 50.40

HAM:G2O vs PAGP, HESM, INSW: Operating Margin % Comparison

For the Oil & Gas Midstream subindustry, Golar LNG'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.


Golar LNG Operating Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Golar LNG's Operating Margin % distribution charts can be found below:

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


HAM:G2O
69GF Score
Golar LNG Ltd HAM:G2O
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golar LNG 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.

Golar LNG'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 )
=110.964 / 336.068
=33.02 %

Golar LNG'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 )
=59.966 / 118.984
=50.40 %

* 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 50.40% mean?
Golar LNG (HAM:G2O) has a Operating Margin % of 50.40% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Golar LNG and its competitors. This is 73% above median its historical median of 29.15. According to the industry distribution chart, Golar LNG ranks #75 out of 916 companies in the Oil & Gas industry, placing it in the top 8.2%.
Is Golar LNG's Operating Margin % too high?
Golar LNG's current Operating Margin % of 50.40% is 73% above median its 10-year median of 29.15. The Oil & Gas industry median Operating Margin % is 6.86. Golar LNG's value of 50.40% is 634.7% above this industry median. Based on the distribution chart, Golar LNG ranks #75 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Golar LNG has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Golar LNG's Operating Margin % compare to PAGP and HESM?
According to the Oil & Gas industry distribution chart, Golar LNG ranks #75 out of 916 companies for Operating Margin %. This places Golar LNG in the top 8% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.86. Golar LNG's value of 50.40% is 634.7% above this benchmark. While the company's 10-year median is 29.15 vs. the industry median of 6.86, Golar LNG 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 Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.86, based on 916 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. Golar LNG's current Operating Margin % of 50.40% is 634.7% 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 Golar LNG and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golar LNG's current Operating Margin % is 50.40%, which is 73% above median its own 10-year median of 29.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golar LNG stock overvalued right now?
Golar LNG (HAM:G2O) has a current Operating Margin % of 50.40%. The stock's GF Value™ is €48.64, compared to a current price of €44.60 — trading 8.3% below its estimated fair value. The current Operating Margin % is 50.40%, which is 73% above median its 10-year median of 29.15 and 634.7% above the Oil & Gas industry median of 6.86. Golar LNG's overall GF Score™ is 69/100 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 Golar LNG (HAM:G2O), the current Operating Margin % is 50.40% 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 Golar LNG (HAM:G2O) Overvalued in 2026?

Based on GuruFocus' analysis, Golar LNG stock appears to be undervalued. The current stock price of €44.60 is trading 8.3% below its estimated GF Value™ of €48.64.

Key valuation signals for HAM:G2O:

  • Operating Margin %: 50.40% (73% above median its 10-year median of 29.15)
  • GF Value™: €48.64 vs. price of €44.60 (8.3% below fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 634.7% above the Oil & Gas median (#75 of 916)

No single metric tells the full story. See the HAM:G2O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golar LNG Business Description

Industry EnergyOil & Gas
Address 9 Par-la-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11
Golar LNG Ltd designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas and provides floating liquefied natural gas (FLNG) services. It offers solutions for gas resource holders to develop and utilize gas reserves, including stranded, associated, flared, or underutilized resources. The company's reportable segments are: i) FLNG: includes the operations of FLNG vessels and projects, and ii) Corporate and other: includes legacy shipping segment activities, vessel management, floating storage and regasification unit services for third parties. The majority of the company's revenue is derived from the FLNG segment. Geographically, it generates the maximum revenue from Cameroon.
69GF Score

Get the complete analysis for HAM:G2O

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

€44.60
Price
€48.64
GF Value