STVN (Stevanato Group SpA) Operating Margin %: 16.98% (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STVN Stevanato Group SpA STVN
86 GF Score
Price $20.32
GF Value $26.04
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Stevanato Group SpA Operating Margin %?

Stevanato Group SpA STVN -0.93% 86 Operating Margin % is 16.98% as of Jun. 2026, which is 1% above its 10-year median of 16.76. GuruFocus rates STVN with a GF Score™ of 86/100 and a GF Value™ of $26.04 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 814 Medical Devices & Instruments companies, Stevanato Group SpA ranks better than 81.57% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Stevanato Group SpA's Operating Income for the three months ended in Jun. 2026 was $59 Mil. Stevanato Group SpA's Revenue for the three months ended in Jun. 2026 was $348 Mil. Therefore, Stevanato Group SpA's Operating Margin % for the quarter that ended in Jun. 2026 was 16.98%.

Warning Sign:

Stevanato Group SpA operating margin has been in a 5-year decline. The average rate of decline per year is -1.5%.

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

STVN' s Operating Margin % Range Over the Past 10 Years
Min: 11.6   Med: 16.76   Max: 19.56
Current: 17.39


STVN's Operating Margin % is ranked better than
81.57% of 814 companies
in the Medical Devices & Instruments industry
Industry Median: 3.625 vs STVN: 17.39

Stevanato Group SpA's 5-Year Average Operating Margin % Growth Rate was -1.50% per year.

Stevanato Group SpA's Operating Income for the three months ended in Jun. 2026 was $59 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was $248 Mil.


Stevanato Group SpA  (NYSE:STVN) 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.


Stevanato Group SpA Operating Margin % Related Terms


Stevanato Group SpA Operating Margin % Historical Data

* Premium members only.

The historical data trend for Stevanato Group SpA'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.

Stevanato Group SpA Operating Margin % Chart

Stevanato Group SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial 19.22 19.56 18.49 14.60 16.76

Stevanato Group SpA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 14.77 17.39 20.23 14.18 16.98

STVN vs MMED, TFX, MMSI: Operating Margin % Comparison

For the Medical Instruments & Supplies subindustry, Stevanato Group SpA'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.


Stevanato Group SpA Operating Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Stevanato Group SpA's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Stevanato Group SpA's Operating Margin % falls into.


STVN
86GF Score
Stevanato Group SpA STVN
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stevanato Group SpA 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.

Stevanato Group SpA'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 )
=232.788 / 1389.089
=16.76 %

Stevanato Group SpA's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=59.081 / 347.93
=16.98 %

* 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 16.98% mean?
Stevanato Group SpA (STVN) has a Operating Margin % of 16.98% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Stevanato Group SpA and its competitors. This is near median its historical median of 16.76. Over the past decade, Stevanato Group SpA's Operating Margin % has ranged from 11.60 to 19.56. According to the industry distribution chart, Stevanato Group SpA ranks #150 out of 814 companies in the Medical Devices & Instruments industry, placing it in the top 18.4%.
Is Stevanato Group SpA's Operating Margin % too high?
Stevanato Group SpA's current Operating Margin % of 16.98% is near median its 10-year median of 16.76. Over the past 10 years, this metric has ranged from a low of 11.60 to a high of 19.56. The Medical Devices & Instruments industry median Operating Margin % is 3.63. Stevanato Group SpA's value of 16.98% is 368.4% above this industry median. Based on the distribution chart, Stevanato Group SpA ranks #150 out of 814 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Stevanato Group SpA has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stevanato Group SpA's Operating Margin % compare to MMED and TFX?
According to the Medical Devices & Instruments industry distribution chart, Stevanato Group SpA ranks #150 out of 814 companies for Operating Margin %. This places Stevanato Group SpA in the top 18% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.63. Stevanato Group SpA's value of 16.98% is 368.4% above this benchmark. Historically, Stevanato Group SpA's own Operating Margin % has ranged from 11.60 to 19.56 over the past decade. While the company's 10-year median is 16.76 vs. the industry median of 3.63, Stevanato Group SpA 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 Medical Devices & Instruments company?
The median Operating Margin % among Medical Devices & Instruments companies is 3.63, based on 814 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. Stevanato Group SpA's current Operating Margin % of 16.98% is 368.4% 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 Stevanato Group SpA and its competitors. For the Medical Devices & Instruments industry, the median Operating Margin % is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stevanato Group SpA's current Operating Margin % is 16.98%, which is near median its own 10-year median of 16.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stevanato Group SpA stock overvalued right now?
Based on GuruFocus' analysis, Stevanato Group SpA (STVN) is currently considered Modestly Undervalued. The stock's GF Value™ is $26.04, compared to a current price of $20.32 — trading 22% below its estimated fair value. The current Operating Margin % is 16.98%, which is near median its 10-year median of 16.76 and 368.4% above the Medical Devices & Instruments industry median of 3.63. Stevanato Group SpA's overall GF Score™ is 86/100 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 Stevanato Group SpA (STVN), the current Operating Margin % is 16.98% as of Jun. 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 Stevanato Group SpA (STVN) Overvalued in 2026?

Based on GuruFocus' analysis, Stevanato Group SpA stock appears to be undervalued. The current stock price of $20.32 is trading 22% below its estimated GF Value™ of $26.04. GuruFocus considers Stevanato Group SpA to be Modestly Undervalued.

Key valuation signals for STVN:

  • Operating Margin %: 16.98% (near median its 10-year median of 16.76)
  • GF Value™: $26.04 vs. price of $20.32 (22% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 368.4% above the Medical Devices & Instruments median (#150 of 814)

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


Stevanato Group SpA Business Description

Other Exchanges 87N:Germany
Address Via Molinella 17, Piombino Dese, Padua, ITA, 35017
Stevanato Group SpA is a provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries. It delivers an integrated, end-to-end portfolio of products, processes, and services that address customer needs across the entire drug life cycle including development, clinical, and commercial stages. It has two segments; Biopharmaceutical and Diagnostic Solutions which generates key revenue, includes all the products, processes and services developed and provided for the containment and delivery of pharmaceutical and biotechnology drugs and reagents, as well as the production of diagnostic consumables and its other segment is Engineering. Geographically, It derives its majority revenue from Europe, Middle East and Africa.
86GF Score

Get the complete analysis for STVN

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

$20.32
Price
$26.04
GF Value