SMR (NuScale Power) Operating Margin %: -10,181.24% (As of Mar. 2026)


SMR NuScale Power Corp SMR
64 GF Score
Price $10.21
GF Value $5.13
Valuation Significantly Overvalued
! 4 Warning Signs
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What is NuScale Power Operating Margin %?

NuScale Power SMR -5.99% 64 Operating Margin % is -10,181.24% as of Mar. 2026. GuruFocus rates SMR with a GF Score™ of 64/100 and a GF Value™ of $5.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,038 Industrial Products companies, NuScale Power ranks worse than 99.47% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. NuScale Power's Operating Income for the three months ended in Mar. 2026 was $-57.52 Mil. NuScale Power's Revenue for the three months ended in Mar. 2026 was $0.57 Mil. Therefore, NuScale Power's Operating Margin % for the quarter that ended in Mar. 2026 was -10,181.24%.

Good Sign:

NuScale Power Corp operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for NuScale Power's Operating Margin % or its related term are showing as below:

SMR' s Operating Margin % Range Over the Past 10 Years
Min: -34218.23   Med: -2190.57   Max: -374.48
Current: -3812.57


SMR's Operating Margin % is ranked worse than
99.47% of 3038 companies
in the Industrial Products industry
Industry Median: 6.53 vs SMR: -3812.57

NuScale Power's 5-Year Average Operating Margin % Growth Rate was 45.60% per year.

NuScale Power's Operating Income for the three months ended in Mar. 2026 was $-57.52 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-711.77 Mil.


NuScale Power  (NYSE:SMR) 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 Nokia’s 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.


NuScale Power Operating Margin % Related Terms


NuScale Power Operating Margin % Historical Data

* Premium members only.

The historical data trend for NuScale Power'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.

NuScale Power Operating Margin % Chart

NuScale Power Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial -6,090.15 -1,948.45 -1,208.09 -374.48 -2,190.57

NuScale Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -264.13 -534.91 -6,532.88 -4,022.23 -10,181.24

SMR vs FELE, MIR, CSW: Operating Margin % Comparison

For the Specialty Industrial Machinery subindustry, NuScale Power'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.


NuScale Power Operating Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NuScale Power's Operating Margin % distribution charts can be found below:

* The bar in red indicates where NuScale Power's Operating Margin % falls into.


SMR
64GF Score
NuScale Power Corp SMR
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NuScale Power 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.

NuScale Power's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-689.571 / 31.479
=-2,190.57 %

NuScale Power's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-57.524 / 0.565
=-10,181.24 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -10,181.24% mean?
NuScale Power (SMR) has a Operating Margin % of -10,181.24% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on NuScale Power and its competitors. According to the industry distribution chart, NuScale Power ranks #3022 out of 3038 companies in the Industrial Products industry, placing it in the top 99.5%.
Is NuScale Power's Operating Margin % too high?
NuScale Power's current Operating Margin % is -10,181.24%. Based on the distribution chart, NuScale Power ranks #3022 out of 3038 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NuScale Power has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NuScale Power's Operating Margin % compare to FELE and MIR?
According to the Industrial Products industry distribution chart, NuScale Power ranks #3022 out of 3038 companies for Operating Margin %. This places NuScale Power in the lower half of its industry. The industry median Operating Margin % is 6.53. 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. 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 NuScale Power 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. NuScale Power's current Operating Margin % is -10,181.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuScale Power stock overvalued right now?
Based on GuruFocus' analysis, NuScale Power (SMR) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.13, compared to a current price of $10.21 — trading 99% above its estimated fair value. The current Operating Margin % is -10,181.24%. NuScale Power's overall GF Score™ is 64/100 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 NuScale Power (SMR), the current Operating Margin % is -10,181.24% 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 NuScale Power (SMR) Overvalued in 2026?

Based on GuruFocus' analysis, NuScale Power stock appears to be overvalued. The current stock price of $10.21 is trading 99% above its estimated GF Value™ of $5.13. GuruFocus considers NuScale Power to be Significantly Overvalued.

Key valuation signals for SMR:

  • Operating Margin %: -10,181.24%
  • GF Value™: $5.13 vs. price of $10.21 (99% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the SMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NuScale Power Business Description

Address 1100 NE Circle Boulevard, Suite 200, Corvallis, OR, USA, 97330
NuScale Power Corp is redefining nuclear power through the development of proprietary and inventive SMR technology that the Company believes will deliver safe, scalable, cost-effective and reliable carbon-free power. The Company's core technology, the Light Water Nuclear Reactor NuScale Power Module (NPM), can generate 77 MWe and is premised on well-established nuclear technology principles, with a focus on the integration of components, simplification or elimination of systems and use of passive safety features. Its products are VOYGR Plants and E2 Centers.
64GF Score

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.21
Price
$5.13
GF Value