Barry Callebaut AGSTU:BCLM -2.40%79 Operating Margin % is 4.37% as of Feb. 2026, which is 43% below its 10-year median of 7.68. GuruFocus rates STU:BCLM with a GF Score™ of 79/100 and a GF Value™ of €21.01. The stock has 6 warning signs investors should review. Among 1,951 Consumer Packaged Goods companies, Barry Callebaut AG ranks worse than 53.56% on this metric.
Barry Callebaut AG operating margin has been in a 5-year decline. The average rate of decline per year is -9.1%.
The historical rank and industry rank for Barry Callebaut AG's Operating Margin % or its related term are showing as below:
STU:BCLM'
s Operating Margin % Range Over the Past 10 Years
Min: 4.34 Med: 7.68 Max: 8.4
Current: 4.63
STU:BCLM's Operating Margin % is ranked worse than 53.56% of 1951
companies
in the Consumer Packaged Goods industry
Industry Median: 5.26
vs STU:BCLM: 4.63
Barry Callebaut AG's 5-Year Average Operating Margin % Growth Rate was -9.10% per year.
Barry Callebaut AG (STU:BCLM) 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.
Barry Callebaut AG Operating Margin % Related Terms
Barry Callebaut AG Operating Margin % Historical Data
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The historical data trend for Barry Callebaut AG'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.
STU:BCLM vs MDLZ, HSY, TR: Operating Margin % Comparison
For the Confectioners subindustry, Barry Callebaut AG'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.
Barry Callebaut AG Operating Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Barry Callebaut AG's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Barry Callebaut AG'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.
Barry Callebaut AG's Operating Margin % for the fiscal year that ended in Aug. 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.
Barry Callebaut AG (STU:BCLM) has a Operating Margin % of 4.37% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Barry Callebaut AG and its competitors. This is 43% below median its historical median of 7.68. Over the past decade, Barry Callebaut AG's Operating Margin % has ranged from 4.34 to 8.40. According to the industry distribution chart, Barry Callebaut AG ranks #1045 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 53.6%.
Is Barry Callebaut AG's Operating Margin % too high?
Barry Callebaut AG's current Operating Margin % of 4.37% is 43% below median its 10-year median of 7.68. Over the past 10 years, this metric has ranged from a low of 4.34 to a high of 8.40. The Consumer Packaged Goods industry median Operating Margin % is 5.26. Barry Callebaut AG's value of 4.37% is 16.9% below this industry median. Based on the distribution chart, Barry Callebaut AG ranks #1045 out of 1951 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Barry Callebaut AG has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Barry Callebaut AG's Operating Margin % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Barry Callebaut AG ranks #1045 out of 1951 companies for Operating Margin %. This places Barry Callebaut AG in the lower half of its industry. The industry median Operating Margin % is 5.26. Barry Callebaut AG's value of 4.37% is 16.9% below this benchmark. Historically, Barry Callebaut AG's own Operating Margin % has ranged from 4.34 to 8.40 over the past decade. While the company's 10-year median is 7.68 vs. the industry median of 5.26, Barry Callebaut AG 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 Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.26, based on 1,951 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. Barry Callebaut AG's current Operating Margin % of 4.37% is 16.9% 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 Barry Callebaut AG and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barry Callebaut AG's current Operating Margin % is 4.37%, which is 43% below median its own 10-year median of 7.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barry Callebaut AG stock overvalued right now?
Barry Callebaut AG (STU:BCLM) has a current Operating Margin % of 4.37%. The stock's GF Value™ is €21.01, compared to a current price of €12.20 — trading 41.9% below its estimated fair value. The current Operating Margin % is 4.37%, which is 43% below median its 10-year median of 7.68 and 16.9% below the Consumer Packaged Goods industry median of 5.26. Barry Callebaut AG's overall GF Score™ is 79/100 with 6 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 Barry Callebaut AG (STU:BCLM), the current Operating Margin % is 4.37% as of Feb. 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 Barry Callebaut AG (STU:BCLM) Overvalued in 2026?
Based on GuruFocus' analysis, Barry Callebaut AG stock appears to be undervalued.
The current stock price of €12.20 is trading 41.9% below its estimated GF Value™ of €21.01.
Key valuation signals for STU:BCLM:
Operating Margin %: 4.37% (43% below median its 10-year median of 7.68)
GF Value™: €21.01 vs. price of €12.20 (41.9% below fair value)
Industry Position: 16.9% below the Consumer Packaged Goods median (#1045 of 1951)
No single metric tells the full story. See the STU:BCLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barry Callebaut is the leading global manufacturer and supplier of cocoa and chocolate ingredients, employing over 13,000 people. Customers include food and beverage manufacturers as well as artisans, chocolatiers, pastry chefs, and bakers who use chocolate professionally. Barry Callebaut is vertically integrated, from raw material (cocoa bean) procurement through to chocolate manufacturing, without owning any cocoa farms. The firm produces around 40% of the world's industrial chocolate (open market), and its products are used in approximately 20% of the world's chocolate and cocoa goods.
79GF Score
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