EHang HoldingsMEX:EH N 50 Operating Margin % is -498.47% as of Mar. 2026. GuruFocus rates MEX:EH N with a GF Score™ of 50/100 and a GF Value™ of MXN416.80 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 347 Aerospace & Defense companies, EHang Holdings ranks worse than 90.78% on this metric.
EHang Holdings Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for EHang Holdings's Operating Margin % or its related term are showing as below:
MEX:EH N'
s Operating Margin % Range Over the Past 10 Years
Min: -685.83 Med: -111.82 Max: -38.05
Current: -85.7
MEX:EH N's Operating Margin % is ranked worse than 90.78% of 347
companies
in the Aerospace & Defense industry
Industry Median: 7.75
vs MEX:EH N: -85.70
EHang Holdings's 5-Year Average Operating Margin % Growth Rate was 15.60% per year.
EHang Holdings's Operating Income for the
three
months ended in Mar. 2026 was MXN-335 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-921 Mil.
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.
EHang Holdings Operating Margin % Related Terms
EHang Holdings Operating Margin % Historical Data
* Premium members only.
The historical data trend for EHang 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.
MEX:EH N vs MRLN, SWBI, SPCE: Operating Margin % Comparison
For the Aerospace & Defense subindustry, EHang 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.
EHang Holdings Operating Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, EHang Holdings's Operating Margin % distribution charts can be found below:
* The bar in red indicates where EHang Holdings'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.
EHang Holdings'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.
EHang Holdings (MEX:EH N) has a Operating Margin % of -498.47% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on EHang Holdings and its competitors. According to the industry distribution chart, EHang Holdings ranks #315 out of 347 companies in the Aerospace & Defense industry, placing it in the top 90.8%.
Is EHang Holdings' Operating Margin % too high?
EHang Holdings' current Operating Margin % is -498.47%. Based on the distribution chart, EHang Holdings ranks #315 out of 347 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, EHang Holdings has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does EHang Holdings' Operating Margin % compare to MRLN and SWBI?
According to the Aerospace & Defense industry distribution chart, EHang Holdings ranks #315 out of 347 companies for Operating Margin %. This places EHang Holdings in the lower half of its industry. The industry median Operating Margin % is 7.75. 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 Aerospace & Defense company?
The median Operating Margin % among Aerospace & Defense companies is 7.75, based on 347 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. 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 EHang Holdings and its competitors. For the Aerospace & Defense industry, the median Operating Margin % is 7.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EHang Holdings's current Operating Margin % is -498.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EHang Holdings stock overvalued right now?
Based on GuruFocus' analysis, EHang Holdings (MEX:EH N) is currently considered Possible Value Trap. The stock's GF Value™ is MXN416.80, compared to a current price of MXN123.20 — trading 70.4% below its estimated fair value. The current Operating Margin % is -498.47%. EHang Holdings' overall GF Score™ is 50/100 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 EHang Holdings (MEX:EH N), the current Operating Margin % is -498.47% 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 EHang Holdings (MEX:EH N) Overvalued in 2026?
Based on GuruFocus' analysis, EHang Holdings stock appears to be undervalued.
The current stock price of MXN123.20 is trading 70.4% below its estimated GF Value™ of MXN416.80.
GuruFocus considers EHang Holdings to be Possible Value Trap.
Key valuation signals for MEX:EH N:
Operating Margin %: -498.47%
GF Value™: MXN416.80 vs. price of MXN123.20 (70.4% below fair value)
No single metric tells the full story. See the MEX:EH N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EHang Holdings Ltd is an urban air mobility (UAM) technology platform company focused on autonomous aerial vehicle technology and solutions. The company provides unmanned aerial vehicle (UAV) systems and solutions for air mobility, including passenger transportation and logistics, as well as smart city management and aerial media solutions. Its EH216-S passenger-carrying pilotless eVTOL aircraft has obtained a production certificate and standard airworthiness certificate from the Civil Aviation Administration of China (CAAC).
50GF Score
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