JTEKT (TSE:6473) Operating Margin %: -2.48% (As of Mar. 2026)


TSE:6473 JTEKT Corp TSE:6473
78 GF Score
Price 円2,017.00
GF Value 円1,494.11
Valuation Significantly Overvalued
! 6 Warning Signs
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What is JTEKT Operating Margin %?

JTEKT TSE:6473 -0.27% 78 Operating Margin % is -2.48% as of Mar. 2026. GuruFocus rates TSE:6473 with a GF Score™ of 78/100 and a GF Value™ of 円1,494.11 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,325 Vehicles & Parts companies, JTEKT ranks worse than 75.85% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. JTEKT's Operating Income for the three months ended in Mar. 2026 was 円-12,956 Mil. JTEKT's Revenue for the three months ended in Mar. 2026 was 円521,626 Mil. Therefore, JTEKT's Operating Margin % for the quarter that ended in Mar. 2026 was -2.48%.

Good Sign:

JTEKT Corp operating margin is expanding. Margin expansion is usually a good sign.

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

TSE:6473' s Operating Margin % Range Over the Past 10 Years
Min: 1.04   Med: 2.75   Max: 5.87
Current: 1.29


TSE:6473's Operating Margin % is ranked worse than
75.85% of 1325 companies
in the Vehicles & Parts industry
Industry Median: 4.86 vs TSE:6473: 1.29

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

JTEKT's Operating Income for the three months ended in Mar. 2026 was 円-12,956 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円24,847 Mil.


JTEKT  (TSE:6473) 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.


JTEKT Operating Margin % Related Terms


JTEKT Operating Margin % Historical Data

* Premium members only.

The historical data trend for JTEKT'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.

JTEKT Operating Margin % Chart

JTEKT Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.55 2.94 3.29 2.04 1.29

JTEKT 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 0.69 2.97 2.64 2.48 -2.48

TSE:6473 vs ORLY, AZO: Operating Margin % Comparison

For the Auto Parts subindustry, JTEKT'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.


JTEKT Operating Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JTEKT's Operating Margin % distribution charts can be found below:

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


TSE:6473
78GF Score
JTEKT Corp TSE:6473
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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JTEKT 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.

JTEKT's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=24847 / 1924950
=1.29 %

JTEKT'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 )
=-12956 / 521626
=-2.48 %

* 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 -2.48% mean?
JTEKT (TSE:6473) has a Operating Margin % of -2.48% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on JTEKT and its competitors. Over the past decade, JTEKT's Operating Margin % has ranged from 1.04 to 5.87. According to the industry distribution chart, JTEKT ranks #1005 out of 1325 companies in the Vehicles & Parts industry, placing it in the top 75.8%.
Is JTEKT's Operating Margin % too high?
JTEKT's current Operating Margin % is -2.48%. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 5.87. Based on the distribution chart, JTEKT ranks #1005 out of 1325 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, JTEKT has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JTEKT's Operating Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, JTEKT ranks #1005 out of 1325 companies for Operating Margin %. This places JTEKT in the lower half of its industry. The industry median Operating Margin % is 4.86. Historically, JTEKT's own Operating Margin % has ranged from 1.04 to 5.87 over the past decade. 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 Vehicles & Parts company?
The median Operating Margin % among Vehicles & Parts companies is 4.86, based on 1,325 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. 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 JTEKT and its competitors. For the Vehicles & Parts industry, the median Operating Margin % is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTEKT's current Operating Margin % is -2.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTEKT stock overvalued right now?
Based on GuruFocus' analysis, JTEKT (TSE:6473) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,494.11, compared to a current price of 円2,017.00 — trading 35% above its estimated fair value. The current Operating Margin % is -2.48%. JTEKT's overall GF Score™ is 78/100 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 JTEKT (TSE:6473), the current Operating Margin % is -2.48% 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 JTEKT (TSE:6473) Overvalued in 2026?

Based on GuruFocus' analysis, JTEKT stock appears to be overvalued. The current stock price of 円2,017.00 is trading 35% above its estimated GF Value™ of 円1,494.11. GuruFocus considers JTEKT to be Significantly Overvalued.

Key valuation signals for TSE:6473:

  • Operating Margin %: -2.48%
  • GF Value™: 円1,494.11 vs. price of 円2,017.00 (35% above fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the TSE:6473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JTEKT Business Description

Other Exchanges 6JK:Germany
Address 1-1 Asahicho, Aichi Prefecture, Kariya, JPN, 450-8515
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company operates through three segments. The Automobile segment offers products such as electric and hydraulic power steering systems, electronically controlled 4WD coupling (ITCC), Torsen, and pressure reducing valves for fuel cell vehicles. The Industrial Equipment/Bearings segment provides roller bearings, ball bearings, bearing units, oil seals, and related products. The Machine Tools segment includes grinding machines, machining centers, cutting machines, control equipment, including IoE-related products, and industrial heat treatment furnaces. It generates the majority of its revenue from the Automobile segment.
78GF Score

Get the complete analysis for TSE:6473

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

円2,017.00
Price
円1,494.11
GF Value