Interpump Group SpAMIL:IP +0.76%88 Operating Margin % is 14.03% as of Mar. 2026, which is 21% below its 10-year median of 17.74. GuruFocus rates MIL:IP with a GF Score™ of 88/100 and a GF Value™ of €40.78 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,038 Industrial Products companies, Interpump Group SpA ranks better than 79.79% on this metric.
Interpump Group SpA (MIL:IP) 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.
Interpump Group SpA Operating Margin % Related Terms
Interpump Group SpA Operating Margin % Historical Data
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The historical data trend for Interpump Group 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.
MIL:IP vs GEV, ETN, PH: Operating Margin % Comparison
For the Specialty Industrial Machinery subindustry, Interpump Group 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.
Interpump Group SpA Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Interpump Group SpA's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Interpump Group SpA's Operating Margin % falls into.
Interpump Group 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.
Interpump Group SpA'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.
Interpump Group SpA (MIL:IP) has a Operating Margin % of 14.03% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Interpump Group SpA and its competitors. This is 21% below median its historical median of 17.74. Over the past decade, Interpump Group SpA's Operating Margin % has ranged from 14.02 to 18.62. According to the industry distribution chart, Interpump Group SpA ranks #614 out of 3038 companies in the Industrial Products industry, placing it in the top 20.2%.
Is Interpump Group SpA's Operating Margin % too high?
Interpump Group SpA's current Operating Margin % of 14.03% is 21% below median its 10-year median of 17.74. Over the past 10 years, this metric has ranged from a low of 14.02 to a high of 18.62. The Industrial Products industry median Operating Margin % is 6.53. Interpump Group SpA's value of 14.03% is 114.9% above this industry median. Based on the distribution chart, Interpump Group SpA ranks #614 out of 3038 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Interpump Group SpA has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Interpump Group SpA's Operating Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Interpump Group SpA ranks #614 out of 3038 companies for Operating Margin %. This places Interpump Group SpA in the top 20% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.53. Interpump Group SpA's value of 14.03% is 114.9% above this benchmark. Historically, Interpump Group SpA's own Operating Margin % has ranged from 14.02 to 18.62 over the past decade. While the company's 10-year median is 17.74 vs. the industry median of 6.53, Interpump Group 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 an Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,038 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. Interpump Group SpA's current Operating Margin % of 14.03% is 114.9% 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 Interpump Group SpA and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Interpump Group SpA's current Operating Margin % is 14.03%, which is 21% below median its own 10-year median of 17.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Interpump Group SpA stock overvalued right now?
Based on GuruFocus' analysis, Interpump Group SpA (MIL:IP) is currently considered Modestly Undervalued. The stock's GF Value™ is €40.78, compared to a current price of €34.50 — trading 15.4% below its estimated fair value. The current Operating Margin % is 14.03%, which is 21% below median its 10-year median of 17.74 and 114.9% above the Industrial Products industry median of 6.53. Interpump Group SpA's overall GF Score™ is 88/100 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 Interpump Group SpA (MIL:IP), the current Operating Margin % is 14.03% 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 Interpump Group SpA (MIL:IP) Overvalued in 2026?
Based on GuruFocus' analysis, Interpump Group SpA stock appears to be undervalued.
The current stock price of €34.50 is trading 15.4% below its estimated GF Value™ of €40.78.
GuruFocus considers Interpump Group SpA to be Modestly Undervalued.
Key valuation signals for MIL:IP:
Operating Margin %: 14.03% (21% below median its 10-year median of 17.74)
GF Value™: €40.78 vs. price of €34.50 (15.4% below fair value)
Industry Position: 114.9% above the Industrial Products median (#614 of 3038)
No single metric tells the full story. See the MIL:IP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Interpump Group SpA is an Italy-based company that manufactures and markets high-pressure piston pumps and hydraulic products. The company operates through two segments. Its water jetting segment manufactures high- and ultra-high-pressure pumps. Its hydraulic segment manufactures power take-offs, cylinders, componentry engineering, hydraulic distributors, valves, and hoses and fittings. The company owns production facilities in Italy, the U.S., Germany, China, India, Brazil, Bulgaria, Romania, and South Korea. The company has presence, with the domestic Italian market accounting for a fraction of its revenue.
88GF Score
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