ETS Engineering and Technical Services SpAMIL:ETS -3.76%21 Operating Margin % is 28.84% as of Dec. 2025, which is 3% above its 10-year median of 28.10. GuruFocus rates MIL:ETS with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 1,762 Construction companies, ETS Engineering and Technical Services SpA ranks better than 95.18% on this metric.
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.
ETS Engineering and Technical Services SpA Operating Margin % Related Terms
ETS Engineering and Technical Services SpA Operating Margin % Historical Data
* 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.
ETS Engineering and Technical Services SpA Operating Margin % Chart
ETS Engineering and Technical Services SpA Annual Data
Trend
Dec23
Dec24
Dec25
Operating Margin %
27.40
28.10
28.84
ETS Engineering and Technical Services SpA Semi-Annual Data
Dec23
Dec24
Dec25
Operating Margin %
27.40
28.10
28.84
MIL:ETS vs PWR, FIX, EME: Operating Margin % Comparison
For the Engineering & Construction subindustry, ETS Engineering and Technical Services 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.
ETS Engineering and Technical Services SpA Operating Margin % vs Construction Industry
ETS Engineering and Technical Services 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.
* 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.
ETS Engineering and Technical Services SpA (MIL:ETS) has a Operating Margin % of 28.84% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on ETS Engineering and Technical Services SpA and its competitors. This is near median its historical median of 28.10. Over the past decade, ETS Engineering and Technical Services SpA's Operating Margin % has ranged from 27.40 to 28.84. According to the industry distribution chart, ETS Engineering and Technical Services SpA ranks #85 out of 1762 companies in the Construction industry, placing it in the top 4.8%.
Is ETS Engineering and Technical Services SpA's Operating Margin % too high?
ETS Engineering and Technical Services SpA's current Operating Margin % of 28.84% is near median its 10-year median of 28.10. Over the past 10 years, this metric has ranged from a low of 27.40 to a high of 28.84. The Construction industry median Operating Margin % is 5.90. ETS Engineering and Technical Services SpA's value of 28.84% is 389.2% above this industry median. Based on the distribution chart, ETS Engineering and Technical Services SpA ranks #85 out of 1762 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, ETS Engineering and Technical Services SpA has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does ETS Engineering and Technical Services SpA's Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, ETS Engineering and Technical Services SpA ranks #85 out of 1762 companies for Operating Margin %. This places ETS Engineering and Technical Services SpA in the top 5% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.90. ETS Engineering and Technical Services SpA's value of 28.84% is 389.2% above this benchmark. Historically, ETS Engineering and Technical Services SpA's own Operating Margin % has ranged from 27.40 to 28.84 over the past decade. While the company's 10-year median is 28.10 vs. the industry median of 5.90, ETS Engineering and Technical Services SpA 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 Construction company?
The median Operating Margin % among Construction companies is 5.90, based on 1,762 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. ETS Engineering and Technical Services SpA's current Operating Margin % of 28.84% is 389.2% 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 ETS Engineering and Technical Services SpA and its competitors. For the Construction industry, the median Operating Margin % is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ETS Engineering and Technical Services SpA's current Operating Margin % is 28.84%, which is near median its own 10-year median of 28.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETS Engineering and Technical Services SpA stock overvalued right now?
ETS Engineering and Technical Services SpA (MIL:ETS) has a current Operating Margin % of 28.84%. The current Operating Margin % is 28.84%, which is near median its 10-year median of 28.10 and 389.2% above the Construction industry median of 5.90. ETS Engineering and Technical Services SpA's overall GF Score™ is 21/100 with 5 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 ETS Engineering and Technical Services SpA (MIL:ETS), the current Operating Margin % is 28.84% 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.
ETS Engineering and Technical Services SpA Business Description
ETS Engineering and Technical Services SpA is an engineering company. The company offers integrated services in civil and systems engineering. It provides end-to-end solutions from feasibility studies and energy diagnostics to design, project management, and site supervision, ensuring efficiency, cost control, and technical excellence for both public and private clients.
21GF Score
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