The historical rank and industry rank for Delivery Hero SE's Operating Margin % or its related term are showing as below:
STU:DHER'
s Operating Margin % Range Over the Past 10 Years
Min: -39.16 Med: -19.31 Max: 5.6
Current: 5.6
STU:DHER's Operating Margin % is ranked better than 60.02% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 3.905
vs STU:DHER: 5.60
Delivery Hero SE's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Delivery Hero SE has recorded a loss in operating income at least once over the past 3 years.
Delivery Hero SE (STU:DHER) 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.
Delivery Hero SE Operating Margin % Related Terms
Delivery Hero SE Operating Margin % Historical Data
* Premium members only.
The historical data trend for Delivery Hero SE'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:DHER vs AMZN, BABA, PDD: Operating Margin % Comparison
For the Internet Retail subindustry, Delivery Hero SE'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.
Delivery Hero SE Operating Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Delivery Hero SE's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Delivery Hero SE'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.
Delivery Hero SE'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.
Delivery Hero SE (STU:DHER) has a Operating Margin % of 5.83% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Delivery Hero SE and its competitors. According to the industry distribution chart, Delivery Hero SE ranks #451 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 40%.
Is Delivery Hero SE's Operating Margin % too high?
Delivery Hero SE's current Operating Margin % is 5.83%. The Retail - Cyclical industry median Operating Margin % is 3.91. Delivery Hero SE's value of 5.83% is 49.3% above this industry median. Based on the distribution chart, Delivery Hero SE ranks #451 out of 1128 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Delivery Hero SE has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Delivery Hero SE's Operating Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Delivery Hero SE ranks #451 out of 1128 companies for Operating Margin %. This puts Delivery Hero SE in the upper half of its industry. The industry median Operating Margin % is 3.91. Delivery Hero SE's value of 5.83% is 49.3% above this benchmark. 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 3.91, based on 1,128 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. Delivery Hero SE's current Operating Margin % of 5.83% is 49.3% 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 Delivery Hero SE and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delivery Hero SE's current Operating Margin % is 5.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delivery Hero SE stock overvalued right now?
Based on GuruFocus' analysis, Delivery Hero SE (STU:DHER) is currently considered Fairly Valued. The stock's GF Value™ is €34.04, compared to a current price of €35.04 — trading 2.9% above its estimated fair value. The current Operating Margin % is 5.83% and 49.3% above the Retail - Cyclical industry median of 3.91. Delivery Hero SE's overall GF Score™ is 76/100 with 8 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 Delivery Hero SE (STU:DHER), the current Operating Margin % is 5.83% 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.
Is Delivery Hero SE (STU:DHER) Overvalued in 2026?
Based on GuruFocus' analysis, Delivery Hero SE stock appears to be overvalued.
The current stock price of €35.04 is trading 2.9% above its estimated GF Value™ of €34.04.
GuruFocus considers Delivery Hero SE to be Fairly Valued.
Key valuation signals for STU:DHER:
Operating Margin %: 5.83%
GF Value™: €34.04 vs. price of €35.04 (2.9% above fair value)
Industry Position: 49.3% above the Retail - Cyclical median (#451 of 1128)
No single metric tells the full story. See the STU:DHER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2011, Delivery Hero is an online delivery demand aggregator. The company is headquartered in Germany and operates in over 70 countries across Latin America, Asia, Europe, the Middle East, and Africa. Delivery Hero creates a marketplace for merchants to establish an online presence, market their offerings, and meet demand through delivery. Nearly half of Delivery Hero's revenue is commission fees from merchants. Through its applications, which vary by region, customers can order meals, grocery items, pharmacy products, and retail goods. In addition, Delivery Hero operates Dmarts.
76GF Score
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