KXIAY (Kioxia Holdings) Operating Margin %: 220.10% (As of Mar. 2026) — 5055% Above Median


KXIAY Kioxia Holdings Corp KXIAY
18 GF Score
Price $51.60
! 2 Warning Signs
View Full Analysis

What is Kioxia Holdings Operating Margin %?

Kioxia Holdings KXIAY -12.76% 18 Operating Margin % is 220.10% as of Mar. 2026, which is 5055% above its 10-year median of 4.27. GuruFocus rates KXIAY with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,021 Semiconductors companies, Kioxia Holdings ranks better than 96.47% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kioxia Holdings's Operating Income for the three months ended in Mar. 2026 was $2,937 Mil. Kioxia Holdings's Revenue for the three months ended in Mar. 2026 was $1,334 Mil. Therefore, Kioxia Holdings's Operating Margin % for the quarter that ended in Mar. 2026 was 220.10%.

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

KXIAY' s Operating Margin % Range Over the Past 10 Years
Min: -23.47   Med: 4.27   Max: 37.23
Current: 37.23


KXIAY's Operating Margin % is ranked better than
96.47% of 1021 companies
in the Semiconductors industry
Industry Median: 5.24 vs KXIAY: 37.23

Kioxia Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Kioxia Holdings's Operating Income for the three months ended in Mar. 2026 was $2,937 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $5,583 Mil.


Kioxia Holdings  (OTCPK:KXIAY) 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.


Kioxia Holdings Operating Margin % Related Terms


Kioxia Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Kioxia Holdings'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.

Kioxia Holdings Operating Margin % Chart

Kioxia Holdings Annual Data
Trend Mar19 Mar20 Mar24 Mar25 Mar26
Operating Margin %
4.27 -17.53 -23.47 26.47 37.23

Kioxia Holdings Quarterly Data
Mar19 Jun19 Mar20 Jun20 Mar24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 10.70 13.10 19.16 20.50 220.10

KXIAY vs NVDA, AVGO, MU: Operating Margin % Comparison

For the Semiconductors subindustry, Kioxia Holdings'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.


Kioxia Holdings Operating Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Kioxia Holdings's Operating Margin % distribution charts can be found below:

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


KXIAY
18GF Score
Kioxia Holdings Corp KXIAY
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kioxia Holdings 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.

Kioxia Holdings's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=5484.965 / 14731.461
=37.23 %

Kioxia Holdings'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 )
=2936.52 / 1334.153
=220.10 %

* 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 220.10% mean?
Kioxia Holdings (KXIAY) has a Operating Margin % of 220.10% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Kioxia Holdings and its competitors. This is 5055% above median its historical median of 4.27. According to the industry distribution chart, Kioxia Holdings ranks #36 out of 1021 companies in the Semiconductors industry, placing it in the top 3.5%.
Is Kioxia Holdings' Operating Margin % too high?
Kioxia Holdings' current Operating Margin % of 220.10% is 5055% above median its 10-year median of 4.27. The Semiconductors industry median Operating Margin % is 5.24. Kioxia Holdings' value of 220.10% is 4100.4% above this industry median. Based on the distribution chart, Kioxia Holdings ranks #36 out of 1021 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Kioxia Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Kioxia Holdings' Operating Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Kioxia Holdings ranks #36 out of 1021 companies for Operating Margin %. This places Kioxia Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.24. Kioxia Holdings' value of 220.10% is 4100.4% above this benchmark. While the company's 10-year median is 4.27 vs. the industry median of 5.24, Kioxia Holdings 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 Semiconductors company?
The median Operating Margin % among Semiconductors companies is 5.24, based on 1,021 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. Kioxia Holdings's current Operating Margin % of 220.10% is 4100.4% 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 Kioxia Holdings and its competitors. For the Semiconductors industry, the median Operating Margin % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kioxia Holdings's current Operating Margin % is 220.10%, which is 5055% above median its own 10-year median of 4.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kioxia Holdings stock overvalued right now?
Kioxia Holdings (KXIAY) has a current Operating Margin % of 220.10%. The current Operating Margin % is 220.10%, which is 5055% above median its 10-year median of 4.27 and 4100.4% above the Semiconductors industry median of 5.24. Kioxia Holdings' overall GF Score™ is 18/100 with 2 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 Kioxia Holdings (KXIAY), the current Operating Margin % is 220.10% 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.

Kioxia Holdings Business Description

Other Exchanges 285A:JapanKI5:Germany
Address 3-1-21, Shibaura, Minato-ku, Tokyo, JPN, 108-0023
Kioxia Holdings is a Japan-based semiconductor memory manufacturer focusing on NAND memory chips. The company is currently the third-largest NAND supplier globally, with a 14% market share as of 2024. The largest single shareholder of Kioxia is currently Toshiba, which had a 21.9% stake as of November 2025. Kioxia operates nine fabs across Japan: seven in Yokkaichi and two in Kitakami. They are mostly run via a joint venture with Sandisk, Flash Ventures. Flash Ventures is 51% owned by Kioxia. The company's memory chips are used in various consumer electronics and enterprise infrastructure, such as PCs, smartphones, servers, and USB sticks. Of Kioxia's revenue, 51% comes from the sales of NAND memory used in solid-state drives, which are used in PCs and servers.
18GF Score

Get the complete analysis for KXIAY

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

$51.60
Price