ETI SpA (MIL:ETI) Operating Margin %: 0.00% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:ETI ETI SpA MIL:ETI
7 GF Score
Price €5.60
View Full Analysis

What is ETI SpA Operating Margin %?

ETI SpA MIL:ETI +2.75% 7 Operating Margin % is 0.00% as of Dec. 2025. GuruFocus rates MIL:ETI with a GF Score™ of 7/100. Among 919 Oil & Gas companies, ETI SpA ranks worse than 108813.82% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. ETI SpA's Operating Income for the three months ended in Dec. 2025 was €0.00 Mil. ETI SpA's Revenue for the three months ended in Dec. 2025 was €0.00 Mil. Therefore, ETI SpA's Operating Margin % for the quarter that ended in Dec. 2025 was 0.00%.

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


MIL:ETI's Operating Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.94
* Ranked among companies with meaningful Operating Margin % only.

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

ETI SpA's Operating Income for the three months ended in Dec. 2025 was €0.00 Mil.


ETI SpA  (MIL:ETI) 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.


ETI SpA Operating Margin % Related Terms


ETI SpA Operating Margin % Historical Data

* Premium members only.

The historical data trend for ETI SpA'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.

ETI SpA Operating Margin % Chart

ETI SpA Annual Data
Trend Dec24 Dec25
Operating Margin %
0.77 1.96

ETI SpA Quarterly Data
Dec24 Dec25
Operating Margin % 0.00 0.00

MIL:ETI vs WMB, EPD, KMI: Operating Margin % Comparison

For the Oil & Gas Midstream subindustry, ETI SpA'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.


ETI SpA Operating Margin % vs Oil & Gas Industry

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

* The bar in red indicates where ETI SpA's Operating Margin % falls into.


MIL:ETI
7GF Score
ETI SpA MIL:ETI
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ETI SpA 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.

ETI SpA'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 )
=0.396 / 20.161
=1.96 %

ETI SpA's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=0 / 0
= %

* 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 0.00% mean?
ETI SpA (MIL:ETI) has a Operating Margin % of 0.00% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on ETI SpA and its competitors. Over the past decade, ETI SpA's Operating Margin % has ranged from 0.77 to 1.96. According to the industry distribution chart, ETI SpA ranks #999999 out of 919 companies in the Oil & Gas industry.
Is ETI SpA's Operating Margin % too high?
ETI SpA's current Operating Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 1.96. Based on the distribution chart, ETI SpA ranks #999999 out of 919 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, ETI SpA has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does ETI SpA's Operating Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, ETI SpA ranks #999999 out of 919 companies for Operating Margin %. This places ETI SpA in the lower half of its industry. The industry median Operating Margin % is 6.94. Historically, ETI SpA's own Operating Margin % has ranged from 0.77 to 1.96 over the past decade. 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 6.94, based on 919 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 ETI SpA and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ETI SpA's current Operating Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETI SpA stock overvalued right now?
ETI SpA (MIL:ETI) has a current Operating Margin % of 0.00%. The current Operating Margin % is 0.00%. ETI SpA's overall GF Score™ is 7/100. 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 ETI SpA (MIL:ETI), the current Operating Margin % is 0.00% as of Dec. 2025. 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.

ETI SpA Business Description

Industry EnergyOil & Gas
Other Exchanges C71:Germany
Address Via Cesare Battisti, 31, Brindisi, San Donaci, ITA, 72025
ETI SpA operates in the infrastructure construction sector and specializes in the construction, maintenance, and repair of fluid transport systems and related infrastructure. Its services serve the oil and gas and water sectors and include infrastructure projects for industrial facilities and naval construction.
7GF Score

Get the complete analysis for MIL:ETI

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

€5.60
Price