Kaleon SPAMIL:KLN -0.24%18 Operating Margin % is 7.68% as of Dec. 2025, which is 52% below its 10-year median of 16.06. GuruFocus rates MIL:KLN with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 843 Travel & Leisure companies, Kaleon SPA ranks better than 64.41% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Kaleon SPA's Operating Income for the
six
months ended in Dec. 2025 was €0.95 Mil. Kaleon SPA's Revenue for the
six
months ended in Dec. 2025 was €12.37 Mil. Therefore, Kaleon SPA's Operating Margin % for the quarter that ended in Dec. 2025 was 7.68%.
The historical rank and industry rank for Kaleon SPA's Operating Margin % or its related term are showing as below:
MIL:KLN'
s Operating Margin % Range Over the Past 10 Years
Min: 12.95 Med: 16.06 Max: 22.25
Current: 12.95
MIL:KLN's Operating Margin % is ranked better than 64.41% of 843
companies
in the Travel & Leisure industry
Industry Median: 8.06
vs MIL:KLN: 12.95
Kaleon SPA's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Kaleon SPA's Operating Income for the
six
months ended in Dec. 2025 was €0.95 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €3.08 Mil.
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.
Kaleon SPA Operating Margin % Related Terms
Kaleon SPA Operating Margin % Historical Data
* Premium members only.
The historical data trend for Kaleon 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.
Kaleon SPA Operating Margin % Chart
Kaleon SPA Annual Data
Trend
Dec23
Dec24
Dec25
Operating Margin %
22.25
16.06
12.95
Kaleon SPA Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Operating Margin %
0.00
16.31
15.83
18.68
7.68
MIL:KLN vs BKNG, ABNB, RCL: Operating Margin % Comparison
For the Travel Services subindustry, Kaleon 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.
Kaleon SPA Operating Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Kaleon SPA's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Kaleon SPA'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.
Kaleon 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.
Kaleon SPA (MIL:KLN) has a Operating Margin % of 7.68% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Kaleon SPA and its competitors. This is 52% below median its historical median of 16.06. Over the past decade, Kaleon SPA's Operating Margin % has ranged from 12.95 to 22.25. According to the industry distribution chart, Kaleon SPA ranks #300 out of 843 companies in the Travel & Leisure industry, placing it in the top 35.6%.
Is Kaleon SPA's Operating Margin % too high?
Kaleon SPA's current Operating Margin % of 7.68% is 52% below median its 10-year median of 16.06. Over the past 10 years, this metric has ranged from a low of 12.95 to a high of 22.25. The Travel & Leisure industry median Operating Margin % is 8.06. Kaleon SPA's value of 7.68% is 4.7% below this industry median. Based on the distribution chart, Kaleon SPA ranks #300 out of 843 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Kaleon SPA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Kaleon SPA's Operating Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Kaleon SPA ranks #300 out of 843 companies for Operating Margin %. This puts Kaleon SPA in the upper half of its industry. The industry median Operating Margin % is 8.06. Kaleon SPA's value of 7.68% is 4.7% below this benchmark. Historically, Kaleon SPA's own Operating Margin % has ranged from 12.95 to 22.25 over the past decade. While the company's 10-year median is 16.06 vs. the industry median of 8.06, Kaleon SPA has consistently been below 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 8.06, based on 843 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. Kaleon SPA's current Operating Margin % of 7.68% is 4.7% below 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 Kaleon SPA and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaleon SPA's current Operating Margin % is 7.68%, which is 52% below median its own 10-year median of 16.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaleon SPA stock overvalued right now?
Kaleon SPA (MIL:KLN) has a current Operating Margin % of 7.68%. The current Operating Margin % is 7.68%, which is 52% below median its 10-year median of 16.06 and 4.7% below the Travel & Leisure industry median of 8.06. Kaleon SPA's overall GF Score™ is 18/100 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 Kaleon SPA (MIL:KLN), the current Operating Margin % is 7.68% 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.
Kaleon SPA is a company specialized in the operational, administrative, and marketing management of both proprietary and third-parties' prominent cultural and tourist sites. It directly oversees the activities of the Terre Borromeo, the brand which identifies the portfolio of cultural and natural sites historically linked to the Borromeo Family located in the Lake Maggiore area. These include iconic destinations such as Isola Bella, Isola Madre, Rocca di Angera, Parco Pallavicino, Parco del Mottarone and Castelli di Cannero, blending culture, nature, and art with an extensive range of services (i.e., hospitality and leisure services) to offer visitors a full and memorable experience.
18GF Score
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