Technip Energies NVTHNPF 84 Operating Margin % is 6.76% as of Dec. 2025, which is 16% below its 10-year median of 8.04. GuruFocus rates THNPF with a GF Score™ of 84/100 and a GF Value™ of $37.64 (Fairly Valued). The stock has 6 warning signs investors should review. Among 916 Oil & Gas companies, Technip Energies NV ranks better than 50.66% on this metric.
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.
Technip Energies NV Operating Margin % Related Terms
Technip Energies NV Operating Margin % Historical Data
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The historical data trend for Technip Energies NV'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.
THNPF vs SLB, BKR, HAL: Operating Margin % Comparison
For the Oil & Gas Equipment & Services subindustry, Technip Energies NV'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.
Technip Energies NV Operating Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Technip Energies NV's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Technip Energies NV'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.
Technip Energies NV'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.
Technip Energies NV (THNPF) has a Operating Margin % of 6.76% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Technip Energies NV and its competitors. This is 16% below median its historical median of 8.04. Over the past decade, Technip Energies NV's Operating Margin % has ranged from 5.95 to 13.90. According to the industry distribution chart, Technip Energies NV ranks #452 out of 916 companies in the Oil & Gas industry, placing it in the top 49.3%.
Is Technip Energies NV's Operating Margin % too high?
Technip Energies NV's current Operating Margin % of 6.76% is 16% below median its 10-year median of 8.04. Over the past 10 years, this metric has ranged from a low of 5.95 to a high of 13.90. The Oil & Gas industry median Operating Margin % is 6.86. Technip Energies NV's value of 6.76% is 1.5% below this industry median. Based on the distribution chart, Technip Energies NV ranks #452 out of 916 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Technip Energies NV has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Technip Energies NV's Operating Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Technip Energies NV ranks #452 out of 916 companies for Operating Margin %. This puts Technip Energies NV in the upper half of its industry. The industry median Operating Margin % is 6.86. Technip Energies NV's value of 6.76% is 1.5% below this benchmark. Historically, Technip Energies NV's own Operating Margin % has ranged from 5.95 to 13.90 over the past decade. While the company's 10-year median is 8.04 vs. the industry median of 6.86, Technip Energies NV 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 an Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.86, based on 916 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. Technip Energies NV's current Operating Margin % of 6.76% is 1.5% 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 Technip Energies NV and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technip Energies NV's current Operating Margin % is 6.76%, which is 16% below median its own 10-year median of 8.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technip Energies NV stock overvalued right now?
Based on GuruFocus' analysis, Technip Energies NV (THNPF) is currently considered Fairly Valued. The stock's GF Value™ is $37.64, compared to a current price of $40.15 — trading 6.7% above its estimated fair value. The current Operating Margin % is 6.76%, which is 16% below median its 10-year median of 8.04 and 1.5% below the Oil & Gas industry median of 6.86. Technip Energies NV's overall GF Score™ is 84/100 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 Technip Energies NV (THNPF), the current Operating Margin % is 6.76% 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 Technip Energies NV (THNPF) Overvalued in 2026?
Based on GuruFocus' analysis, Technip Energies NV stock appears to be overvalued.
The current stock price of $40.15 is trading 6.7% above its estimated GF Value™ of $37.64.
GuruFocus considers Technip Energies NV to be Fairly Valued.
Key valuation signals for THNPF:
Operating Margin %: 6.76% (16% below median its 10-year median of 8.04)
GF Value™: $37.64 vs. price of $40.15 (6.7% above fair value)
Industry Position: 1.5% below the Oil & Gas median (#452 of 916)
No single metric tells the full story. See the THNPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technip Energies NV is an engineering and technology company specialized in providing projects, technologies, products, and services on energy infrastructure both onshore and offshore. Technip Energies is positioned on two operating segments addressing its key markets: Technology Products & Services (TPS) and Project Delivery. Substantial revenue is derived from the Project Delivery segment that provides comprehensive engineering, procurement and construction delivery capabilities globally. Geographically, it operates in Europe & Central Asia; Africa & Middle East; Asia Pacific; and Americas.
84GF Score
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