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Movado GroupMOV -1.58%65 Operating Margin % is 4.93% as of Apr. 2026, which is 34% below its 10-year median of 7.46. GuruFocus rates MOV with a GF Score™ of 65/100 and a GF Value™ of $24.31 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,133 Retail - Cyclical companies, Movado Group ranks better than 58.16% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Movado Group's Operating Income for the
three
months ended in Apr. 2026 was $7.0 Mil. Movado Group's Revenue for the
three
months ended in Apr. 2026 was $142.4 Mil. Therefore, Movado Group's Operating Margin % for the quarter that ended in Apr. 2026 was 4.93%.
Warning Sign:
Movado Group Inc operating margin has been in a 5-year decline. The average rate of decline per year is -8.9%.
The historical rank and industry rank for Movado Group's Operating Margin % or its related term are showing as below:
MOV'
s Operating Margin % Range Over the Past 10 Years
Min: 2.72 Med: 7.46 Max: 16.04
Current: 5.36
MOV's Operating Margin % is ranked better than 58.16% of 1133
companies
in the Retail - Cyclical industry
Industry Median: 3.89
vs MOV: 5.36
Movado Group's 5-Year Average Operating Margin % Growth Rate was -8.90% per year.
Movado Group's Operating Income for the
three
months ended in Apr. 2026 was $7.0 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was $36.6 Mil.
Movado Group (NYSE:MOV) 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.
Movado Group Operating Margin % Related Terms
Movado Group Operating Margin % Historical Data
* Premium members only.
The historical data trend for Movado Group'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.
MOV vs ELA, REAL, LANV: Operating Margin % Comparison
For the Luxury Goods subindustry, Movado Group'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.
Movado Group Operating Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Movado Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Movado Group'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.
Movado Group's Operating Margin % for the fiscal year that ended in Jan. 2026 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.
Movado Group (MOV) has a Operating Margin % of 4.93% as of Apr. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Movado Group and its competitors. This is 34% below median its historical median of 7.46. Over the past decade, Movado Group's Operating Margin % has ranged from 2.72 to 16.04. According to the industry distribution chart, Movado Group ranks #474 out of 1133 companies in the Retail - Cyclical industry, placing it in the top 41.8%.
Is Movado Group's Operating Margin % too high?
Movado Group's current Operating Margin % of 4.93% is 34% below median its 10-year median of 7.46. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 16.04. The Retail - Cyclical industry median Operating Margin % is 3.89. Movado Group's value of 4.93% is 26.7% above this industry median. Based on the distribution chart, Movado Group ranks #474 out of 1133 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Movado Group has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Movado Group's Operating Margin % compare to ELA and REAL?
According to the Retail - Cyclical industry distribution chart, Movado Group ranks #474 out of 1133 companies for Operating Margin %. This puts Movado Group in the upper half of its industry. The industry median Operating Margin % is 3.89. Movado Group's value of 4.93% is 26.7% above this benchmark. Historically, Movado Group's own Operating Margin % has ranged from 2.72 to 16.04 over the past decade. While the company's 10-year median is 7.46 vs. the industry median of 3.89, Movado Group 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.89, based on 1,133 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. Movado Group's current Operating Margin % of 4.93% is 26.7% 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 Movado Group and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Movado Group's current Operating Margin % is 4.93%, which is 34% below median its own 10-year median of 7.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Movado Group stock overvalued right now?
Based on GuruFocus' analysis, Movado Group (MOV) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.31, compared to a current price of $38.41 — trading 58% above its estimated fair value. The current Operating Margin % is 4.93%, which is 34% below median its 10-year median of 7.46 and 26.7% above the Retail - Cyclical industry median of 3.89. Movado Group's overall GF Score™ is 65/100 with 9 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 Movado Group (MOV), the current Operating Margin % is 4.93% as of Apr. 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 Movado Group (MOV) Overvalued in 2026?
Based on GuruFocus' analysis, Movado Group stock appears to be overvalued.
The current stock price of $38.41 is trading 58% above its estimated GF Value™ of $24.31.
GuruFocus considers Movado Group to be Significantly Overvalued.
Key valuation signals for MOV:
Operating Margin %: 4.93% (34% below median its 10-year median of 7.46)
GF Value™: $24.31 vs. price of $38.41 (58% above fair value)
Industry Position: 26.7% above the Retail - Cyclical median (#474 of 1133)
No single metric tells the full story. See the MOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Movado Group Inc designs, develops, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches and, to a lesser extent, jewelry and other accessories of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of its revenue from its international locations.
65GF Score
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