Arcelik AS (STU:RCAA) Operating Margin %: 1.30% (As of Mar. 2026) — 81% Below Median


STU:RCAA Arcelik AS STU:RCAA
77 GF Score
Price €8.30
GF Value €6.90
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Arcelik AS Operating Margin %?

Arcelik AS STU:RCAA 77 Operating Margin % is 1.30% as of Mar. 2026, which is 81% below its 10-year median of 6.82. GuruFocus rates STU:RCAA with a GF Score™ of 77/100 and a GF Value™ of €6.90 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Arcelik AS ranks worse than 65.13% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Arcelik AS's Operating Income for the three months ended in Mar. 2026 was €33 Mil. Arcelik AS's Revenue for the three months ended in Mar. 2026 was €2,553 Mil. Therefore, Arcelik AS's Operating Margin % for the quarter that ended in Mar. 2026 was 1.30%.

Warning Sign:

Arcelik AS operating margin has been in a 5-year decline. The average rate of decline per year is -36.3%.

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

STU:RCAA' s Operating Margin % Range Over the Past 10 Years
Min: 1.16   Med: 6.82   Max: 9.89
Current: 1.23


STU:RCAA's Operating Margin % is ranked worse than
65.13% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.79 vs STU:RCAA: 1.23

Arcelik AS's 5-Year Average Operating Margin % Growth Rate was -36.30% per year.

Arcelik AS's Operating Income for the three months ended in Mar. 2026 was €33 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €131 Mil.


Arcelik AS  (STU:RCAA) 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.


Arcelik AS Operating Margin % Related Terms


Arcelik AS Operating Margin % Historical Data

* Premium members only.

The historical data trend for Arcelik AS'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.

Arcelik AS Operating Margin % Chart

Arcelik AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.10 3.25 3.57 1.27 1.16

Arcelik AS 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 1.13 1.06 2.03 0.61 1.30

STU:RCAA vs SN, SGI, MHK: Operating Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Arcelik AS'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.


Arcelik AS Operating Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Arcelik AS's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Arcelik AS's Operating Margin % falls into.


STU:RCAA
77GF Score
Arcelik AS STU:RCAA
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Arcelik AS 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.

Arcelik AS'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 )
=121.331 / 10491.978
=1.16 %

Arcelik AS'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 )
=33.119 / 2552.713
=1.30 %

* 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 1.30% mean?
Arcelik AS (STU:RCAA) has a Operating Margin % of 1.30% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Arcelik AS and its competitors. This is 81% below median its historical median of 6.82. Over the past decade, Arcelik AS's Operating Margin % has ranged from 1.16 to 9.89. According to the industry distribution chart, Arcelik AS ranks #282 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 65.1%.
Is Arcelik AS's Operating Margin % too high?
Arcelik AS's current Operating Margin % of 1.30% is 81% below median its 10-year median of 6.82. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 9.89. The Furnishings, Fixtures & Appliances industry median Operating Margin % is 3.79. Arcelik AS's value of 1.30% is 65.7% below this industry median. Based on the distribution chart, Arcelik AS ranks #282 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Arcelik AS has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arcelik AS's Operating Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Arcelik AS ranks #282 out of 433 companies for Operating Margin %. This places Arcelik AS in the lower half of its industry. The industry median Operating Margin % is 3.79. Arcelik AS's value of 1.30% is 65.7% below this benchmark. Historically, Arcelik AS's own Operating Margin % has ranged from 1.16 to 9.89 over the past decade. While the company's 10-year median is 6.82 vs. the industry median of 3.79, Arcelik AS 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 Furnishings, Fixtures & Appliances company?
The median Operating Margin % among Furnishings, Fixtures & Appliances companies is 3.79, based on 433 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. Arcelik AS's current Operating Margin % of 1.30% is 65.7% 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 Arcelik AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Operating Margin % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arcelik AS's current Operating Margin % is 1.30%, which is 81% below median its own 10-year median of 6.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arcelik AS stock overvalued right now?
Based on GuruFocus' analysis, Arcelik AS (STU:RCAA) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.90, compared to a current price of €8.30 — trading 20.3% above its estimated fair value. The current Operating Margin % is 1.30%, which is 81% below median its 10-year median of 6.82 and 65.7% below the Furnishings, Fixtures & Appliances industry median of 3.79. Arcelik AS's overall GF Score™ is 77/100 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 Arcelik AS (STU:RCAA), the current Operating Margin % is 1.30% 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 Arcelik AS (STU:RCAA) Overvalued in 2026?

Based on GuruFocus' analysis, Arcelik AS stock appears to be overvalued. The current stock price of €8.30 is trading 20.3% above its estimated GF Value™ of €6.90. GuruFocus considers Arcelik AS to be Modestly Overvalued.

Key valuation signals for STU:RCAA:

  • Operating Margin %: 1.30% (81% below median its 10-year median of 6.82)
  • GF Value™: €6.90 vs. price of €8.30 (20.3% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 65.7% below the Furnishings, Fixtures & Appliances median (#282 of 433)

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


Arcelik AS Business Description

Address Karaagac Caddesi No 2-6, Sutluce, Beyoglu, Istanbul, TUR, 34445
Arcelik AS is a Turkey-based company that is principally engaged in manufacturing household appliances. Its products consist of consumer durable goods, consumer electronics, kitchen accessories, and small home appliances. It provides after-sale services as well. It supplies products and services under the brands of Altus, Arctic, Arcelik, Beko, Blomberg, Dawlance, Defy, Elektrabregenz, Flavel, Grundig, Leisure, and VoltasBeko among others. The company's reportable segments are White goods and Consumer Electronics. The majority of its revenue is derived from the White goods segment which comprises washing machines, dryers, dishwashers, refrigerators, ovens, cookers, and the services provided for these products. Geographically, key revenue for the company is generated from Europe.
77GF Score

Get the complete analysis for STU:RCAA

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

€8.30
Price
€6.90
GF Value