Primo BrandsPRMB -0.12%13 Operating Margin % is 9.77% as of Mar. 2026, which is 6% above its 10-year median of 9.26. GuruFocus rates PRMB with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 116 Beverages - Non-Alcoholic companies, Primo Brands ranks better than 50% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Primo Brands's Operating Income for the
three
months ended in Mar. 2026 was $159 Mil. Primo Brands's Revenue for the
three
months ended in Mar. 2026 was $1,626 Mil. Therefore, Primo Brands's Operating Margin % for the quarter that ended in Mar. 2026 was 9.77%.
The historical rank and industry rank for Primo Brands's Operating Margin % or its related term are showing as below:
PRMB'
s Operating Margin % Range Over the Past 10 Years
Min: 2.41 Med: 9.26 Max: 10.95
Current: 8.98
PRMB's Operating Margin % is ranked better than 50% of 116
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 8.975
vs PRMB: 8.98
Primo Brands's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Primo Brands's Operating Income for the
three
months ended in Mar. 2026 was $159 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $599 Mil.
Primo Brands (NYSE:PRMB) 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.
Primo Brands Operating Margin % Related Terms
Primo Brands Operating Margin % Historical Data
* Premium members only.
The historical data trend for Primo Brands'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.
PRMB vs CELH, COKE, COCO: Operating Margin % Comparison
For the Beverages - Non-Alcoholic subindustry, Primo Brands'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.
Primo Brands Operating Margin % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Primo Brands's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Primo Brands'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.
Primo Brands'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.
Primo Brands (PRMB) has a Operating Margin % of 9.77% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Primo Brands and its competitors. This is near median its historical median of 9.26. Over the past decade, Primo Brands' Operating Margin % has ranged from 2.41 to 10.95. According to the industry distribution chart, Primo Brands ranks #58 out of 116 companies in the Beverages - Non-Alcoholic industry, placing it in the top 50%.
Is Primo Brands' Operating Margin % too high?
Primo Brands' current Operating Margin % of 9.77% is near median its 10-year median of 9.26. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 10.95. The Beverages - Non-Alcoholic industry median Operating Margin % is 8.98. Primo Brands' value of 9.77% is 8.9% above this industry median. Based on the distribution chart, Primo Brands ranks #58 out of 116 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Primo Brands has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Primo Brands' Operating Margin % compare to CELH and COKE?
According to the Beverages - Non-Alcoholic industry distribution chart, Primo Brands ranks #58 out of 116 companies for Operating Margin %. This puts Primo Brands in the upper half of its industry. The industry median Operating Margin % is 8.98. Primo Brands' value of 9.77% is 8.9% above this benchmark. Historically, Primo Brands' own Operating Margin % has ranged from 2.41 to 10.95 over the past decade. While the company's 10-year median is 9.26 vs. the industry median of 8.98, Primo Brands 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 Beverages - Non-Alcoholic company?
The median Operating Margin % among Beverages - Non-Alcoholic companies is 8.98, based on 116 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. Primo Brands's current Operating Margin % of 9.77% is 8.9% 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 Primo Brands and its competitors. For the Beverages - Non-Alcoholic industry, the median Operating Margin % is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primo Brands's current Operating Margin % is 9.77%, which is near median its own 10-year median of 9.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primo Brands stock overvalued right now?
Primo Brands (PRMB) has a current Operating Margin % of 9.77%. The current Operating Margin % is 9.77%, which is near median its 10-year median of 9.26 and 8.9% above the Beverages - Non-Alcoholic industry median of 8.98. Primo Brands' overall GF Score™ is 13/100 with 4 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 Primo Brands (PRMB), the current Operating Margin % is 9.77% 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.
Primo Brands Corp is a North American branded beverage company focused on healthy hydration. It delivers sustainably and domestically sourced diversified offerings across products, formats, channels, price points, and consumer occasions, distributed in every state and Canada. Primo Brands is in reusable packaging, helping to reduce waste through its reusable, multi-serve bottles and brand packaging portfolio, which includes recycled plastic, aluminum, and glass.
13GF Score
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