Evolution ABMEX:EVON 99 Operating Margin % is 57.04% as of Mar. 2026, which is 2% above its 10-year median of 55.88. GuruFocus rates MEX:EVON with a GF Score™ of 99/100 and a GF Value™ of MXN2,300.74. The stock has 2 warning signs investors should review. Among 844 Travel & Leisure companies, Evolution AB ranks better than 98.7% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Evolution AB's Operating Income for the
three
months ended in Mar. 2026 was MXN6,100 Mil. Evolution AB's Revenue for the
three
months ended in Mar. 2026 was MXN10,695 Mil. Therefore, Evolution AB's Operating Margin % for the quarter that ended in Mar. 2026 was 57.04%.
Good Sign:
Evolution AB operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Evolution AB's Operating Margin % or its related term are showing as below:
MEX:EVON'
s Operating Margin % Range Over the Past 10 Years
Min: 30.2 Med: 55.88 Max: 63.53
Current: 59.07
MEX:EVON's Operating Margin % is ranked better than 98.7% of 844
companies
in the Travel & Leisure industry
Industry Median: 8.135
vs MEX:EVON: 59.07
Evolution AB's 5-Year Average Operating Margin % Growth Rate was 1.40% per year.
Evolution AB's Operating Income for the
three
months ended in Mar. 2026 was MXN6,100 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was MXN26,538 Mil.
Evolution AB (MEX:EVON) 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.
Evolution AB Operating Margin % Related Terms
Evolution AB Operating Margin % Historical Data
* Premium members only.
The historical data trend for Evolution 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:EVON vs FLUT, DKNG, LNWO: Operating Margin % Comparison
For the Gambling subindustry, Evolution 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.
Evolution AB Operating Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Evolution 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.
Evolution 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.
Evolution AB (MEX:EVON) has a Operating Margin % of 57.04% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Evolution AB and its competitors. This is near median its historical median of 55.88. Over the past decade, Evolution AB's Operating Margin % has ranged from 30.20 to 63.53. According to the industry distribution chart, Evolution AB ranks #11 out of 844 companies in the Travel & Leisure industry, placing it in the top 1.3%.
Is Evolution AB's Operating Margin % too high?
Evolution AB's current Operating Margin % of 57.04% is near median its 10-year median of 55.88. Over the past 10 years, this metric has ranged from a low of 30.20 to a high of 63.53. The Travel & Leisure industry median Operating Margin % is 8.14. Evolution AB's value of 57.04% is 601.2% above this industry median. Based on the distribution chart, Evolution AB ranks #11 out of 844 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Evolution AB has a GF Score™ of 99/100, reflecting its overall financial health beyond just this single metric.
How does Evolution AB's Operating Margin % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Evolution AB ranks #11 out of 844 companies for Operating Margin %. This places Evolution AB in the top 1% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 8.14. Evolution AB's value of 57.04% is 601.2% above this benchmark. Historically, Evolution AB's own Operating Margin % has ranged from 30.20 to 63.53 over the past decade. While the company's 10-year median is 55.88 vs. the industry median of 8.14, Evolution 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 Travel & Leisure company?
The median Operating Margin % among Travel & Leisure companies is 8.14, based on 844 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. Evolution AB's current Operating Margin % of 57.04% is 601.2% 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 Evolution AB and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution AB's current Operating Margin % is 57.04%, which is near median its own 10-year median of 55.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution AB stock overvalued right now?
Evolution AB (MEX:EVON) has a current Operating Margin % of 57.04%. The stock's GF Value™ is MXN2,300.74, compared to a current price of MXN1,485.00 — trading 35.5% below its estimated fair value. The current Operating Margin % is 57.04%, which is near median its 10-year median of 55.88 and 601.2% above the Travel & Leisure industry median of 8.14. Evolution AB's overall GF Score™ is 99/100 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 Evolution AB (MEX:EVON), the current Operating Margin % is 57.04% 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 Evolution AB (MEX:EVON) Overvalued in 2026?
Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued.
The current stock price of MXN1,485.00 is trading 35.5% below its estimated GF Value™ of MXN2,300.74.
Key valuation signals for MEX:EVON:
Operating Margin %: 57.04% (near median its 10-year median of 55.88)
GF Value™: MXN2,300.74 vs. price of MXN1,485.00 (35.5% below fair value)
Industry Position: 601.2% above the Travel & Leisure median (#11 of 844)
No single metric tells the full story. See the MEX:EVON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evolution AB develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. In live casino, a game presenter (dealer) runs the game from a casino table, which is followed in real time via a video stream, while players place bets on devices such as computers, smartphones, and tablets. Its games include Live Casino, Slots, Game Shows, First Person, Live Blackjack, Live Roulette, Live Baccarat, Super Sic Bo & Dragon Tiger, Live Poker, and Land-Based games. The Company innovates, develops, and produces online casino content on a B2B basis and generates maximum revenue from Europe, followed by North America and other regions.
99GF Score
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