Epiroc ABMEX:EPIAN 94 Operating Margin % is 19.83% as of Mar. 2026, which is 1% below its 10-year median of 20.02. GuruFocus rates MEX:EPIAN with a GF Score™ of 94/100 and a GF Value™ of MXN470.49 (Fairly Valued). The stock has 8 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Epiroc AB ranks better than 96.65% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Epiroc AB's Operating Income for the
three
months ended in Mar. 2026 was MXN5,508 Mil. Epiroc AB's Revenue for the
three
months ended in Mar. 2026 was MXN27,775 Mil. Therefore, Epiroc AB's Operating Margin % for the quarter that ended in Mar. 2026 was 19.83%.
Warning Sign:
Epiroc AB operating margin has been in a 5-year decline. The average rate of decline per year is -2.1%.
The historical rank and industry rank for Epiroc AB's Operating Margin % or its related term are showing as below:
MEX:EPIAN'
s Operating Margin % Range Over the Past 10 Years
Min: 16.23 Med: 20.02 Max: 22.08
Current: 19.21
MEX:EPIAN's Operating Margin % is ranked better than 96.65% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.78
vs MEX:EPIAN: 19.21
Epiroc AB's 5-Year Average Operating Margin % Growth Rate was -2.10% per year.
Epiroc AB's Operating Income for the
three
months ended in Mar. 2026 was MXN5,508 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was MXN22,783 Mil.
Epiroc AB (MEX:EPIAN) 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.
Epiroc AB Operating Margin % Related Terms
Epiroc AB Operating Margin % Historical Data
* Premium members only.
The historical data trend for Epiroc AB'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:EPIAN vs CAT, DE, PCAR: Operating Margin % Comparison
For the Farm & Heavy Construction Machinery subindustry, Epiroc AB'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.
Epiroc AB Operating Margin % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Epiroc AB's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Epiroc AB'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.
Epiroc AB'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.
Epiroc AB (MEX:EPIAN) has a Operating Margin % of 19.83% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Epiroc AB and its competitors. This is near median its historical median of 20.02. Over the past decade, Epiroc AB's Operating Margin % has ranged from 16.23 to 22.08. According to the industry distribution chart, Epiroc AB ranks #7 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 3.3%.
Is Epiroc AB's Operating Margin % too high?
Epiroc AB's current Operating Margin % of 19.83% is near median its 10-year median of 20.02. Over the past 10 years, this metric has ranged from a low of 16.23 to a high of 22.08. The Farm & Heavy Construction Machinery industry median Operating Margin % is 6.78. Epiroc AB's value of 19.83% is 192.5% above this industry median. Based on the distribution chart, Epiroc AB ranks #7 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Epiroc AB has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Epiroc AB's Operating Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Epiroc AB ranks #7 out of 209 companies for Operating Margin %. This places Epiroc AB in the top 3% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.78. Epiroc AB's value of 19.83% is 192.5% above this benchmark. Historically, Epiroc AB's own Operating Margin % has ranged from 16.23 to 22.08 over the past decade. While the company's 10-year median is 20.02 vs. the industry median of 6.78, Epiroc AB 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 Farm & Heavy Construction Machinery company?
The median Operating Margin % among Farm & Heavy Construction Machinery companies is 6.78, based on 209 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. Epiroc AB's current Operating Margin % of 19.83% is 192.5% 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 Epiroc AB and its competitors. For the Farm & Heavy Construction Machinery industry, the median Operating Margin % is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Epiroc AB's current Operating Margin % is 19.83%, which is near median its own 10-year median of 20.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Epiroc AB stock overvalued right now?
Based on GuruFocus' analysis, Epiroc AB (MEX:EPIAN) is currently considered Fairly Valued. The stock's GF Value™ is MXN470.49, compared to a current price of MXN517.06 — trading 9.9% above its estimated fair value. The current Operating Margin % is 19.83%, which is near median its 10-year median of 20.02 and 192.5% above the Farm & Heavy Construction Machinery industry median of 6.78. Epiroc AB's overall GF Score™ is 94/100 with 8 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 Epiroc AB (MEX:EPIAN), the current Operating Margin % is 19.83% 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 Epiroc AB (MEX:EPIAN) Overvalued in 2026?
Based on GuruFocus' analysis, Epiroc AB stock appears to be overvalued.
The current stock price of MXN517.06 is trading 9.9% above its estimated GF Value™ of MXN470.49.
GuruFocus considers Epiroc AB to be Fairly Valued.
Key valuation signals for MEX:EPIAN:
Operating Margin %: 19.83% (near median its 10-year median of 20.02)
GF Value™: MXN470.49 vs. price of MXN517.06 (9.9% above fair value)
Industry Position: 192.5% above the Farm & Heavy Construction Machinery median (#7 of 209)
No single metric tells the full story. See the MEX:EPIAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Epiroc is a global manufacturer of niche equipment and services used by mining and infrastructure customers. The company's products include hard rock drilling equipment and excavation technologies for underground and surface mining, as well as servicing and spare parts. Approximately 69% of group sales are from the aftermarket, which includes services and the sale of spare parts and consumables. Epiroc was spun out of Atlas Copco and listed as a stand-alone company on Nasdaq Stockholm in 2018.
94GF Score
Get the complete analysis for MEX:EPIAN
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:EPIAN has been successfully added to your 
