Badger Infrastructure Solutions (TSX:BDGI) Operating Margin %: 6.43% (As of Mar. 2026) — 38% Below Median


TSX:BDGI Badger Infrastructure Solutions Ltd TSX:BDGI
89 GF Score
Price C$94.89
GF Value C$55.59
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Badger Infrastructure Solutions Operating Margin %?

Badger Infrastructure Solutions TSX:BDGI +6.06% 89 Operating Margin % is 6.43% as of Mar. 2026, which is 38% below its 10-year median of 10.33. GuruFocus rates TSX:BDGI with a GF Score™ of 89/100 and a GF Value™ of C$55.59 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,767 Construction companies, Badger Infrastructure Solutions ranks better than 64.63% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Badger Infrastructure Solutions's Operating Income for the three months ended in Mar. 2026 was C$18 Mil. Badger Infrastructure Solutions's Revenue for the three months ended in Mar. 2026 was C$279 Mil. Therefore, Badger Infrastructure Solutions's Operating Margin % for the quarter that ended in Mar. 2026 was 6.43%.

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

TSX:BDGI' s Operating Margin % Range Over the Past 10 Years
Min: -0.28   Med: 10.33   Max: 16.64
Current: 8.54


TSX:BDGI's Operating Margin % is ranked better than
64.63% of 1767 companies
in the Construction industry
Industry Median: 5.89 vs TSX:BDGI: 8.54

Badger Infrastructure Solutions's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Badger Infrastructure Solutions's Operating Income for the three months ended in Mar. 2026 was C$18 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was C$101 Mil.

Warning Sign:

Badger Infrastructure Solutions Ltd has recorded a loss in operating income at least once over the past 3 years.


Badger Infrastructure Solutions  (TSX:BDGI) 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.


Badger Infrastructure Solutions Operating Margin % Related Terms


Badger Infrastructure Solutions Operating Margin % Historical Data

* Premium members only.

The historical data trend for Badger Infrastructure Solutions'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.

Badger Infrastructure Solutions Operating Margin % Chart

Badger Infrastructure Solutions 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 -0.28 6.11 9.11 11.55 8.12

Badger Infrastructure Solutions 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 4.06 10.46 13.16 3.53 6.43

TSX:BDGI vs PWR, FIX, EME: Operating Margin % Comparison

For the Engineering & Construction subindustry, Badger Infrastructure Solutions'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.


Badger Infrastructure Solutions Operating Margin % vs Construction Industry

For the Construction industry and Industrials sector, Badger Infrastructure Solutions's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Badger Infrastructure Solutions's Operating Margin % falls into.


TSX:BDGI
89GF Score
Badger Infrastructure Solutions Ltd TSX:BDGI
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Badger Infrastructure Solutions 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.

Badger Infrastructure Solutions'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 )
=93.18 / 1147.333
=8.12 %

Badger Infrastructure Solutions'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 )
=17.94 / 278.851
=6.43 %

* 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 6.43% mean?
Badger Infrastructure Solutions (TSX:BDGI) has a Operating Margin % of 6.43% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Badger Infrastructure Solutions and its competitors. This is 38% below median its historical median of 10.33. According to the industry distribution chart, Badger Infrastructure Solutions ranks #625 out of 1767 companies in the Construction industry, placing it in the top 35.4%.
Is Badger Infrastructure Solutions' Operating Margin % too high?
Badger Infrastructure Solutions' current Operating Margin % of 6.43% is 38% below median its 10-year median of 10.33. The Construction industry median Operating Margin % is 5.89. Badger Infrastructure Solutions' value of 6.43% is 9.2% above this industry median. Based on the distribution chart, Badger Infrastructure Solutions ranks #625 out of 1767 companies in the Construction industry, which is above the industry midpoint. Overall, Badger Infrastructure Solutions has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Badger Infrastructure Solutions' Operating Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Badger Infrastructure Solutions ranks #625 out of 1767 companies for Operating Margin %. This puts Badger Infrastructure Solutions in the upper half of its industry. The industry median Operating Margin % is 5.89. Badger Infrastructure Solutions' value of 6.43% is 9.2% above this benchmark. While the company's 10-year median is 10.33 vs. the industry median of 5.89, Badger Infrastructure Solutions 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 Construction company?
The median Operating Margin % among Construction companies is 5.89, based on 1,767 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. Badger Infrastructure Solutions's current Operating Margin % of 6.43% is 9.2% 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 Badger Infrastructure Solutions and its competitors. For the Construction industry, the median Operating Margin % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Infrastructure Solutions's current Operating Margin % is 6.43%, which is 38% below median its own 10-year median of 10.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Infrastructure Solutions stock overvalued right now?
Based on GuruFocus' analysis, Badger Infrastructure Solutions (TSX:BDGI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$55.59, compared to a current price of C$94.89 — trading 70.7% above its estimated fair value. The current Operating Margin % is 6.43%, which is 38% below median its 10-year median of 10.33 and 9.2% above the Construction industry median of 5.89. Badger Infrastructure Solutions' overall GF Score™ is 89/100 with 7 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 Badger Infrastructure Solutions (TSX:BDGI), the current Operating Margin % is 6.43% 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 Badger Infrastructure Solutions (TSX:BDGI) Overvalued in 2026?

Based on GuruFocus' analysis, Badger Infrastructure Solutions stock appears to be overvalued. The current stock price of C$94.89 is trading 70.7% above its estimated GF Value™ of C$55.59. GuruFocus considers Badger Infrastructure Solutions to be Significantly Overvalued.

Key valuation signals for TSX:BDGI:

  • Operating Margin %: 6.43% (38% below median its 10-year median of 10.33)
  • GF Value™: C$55.59 vs. price of C$94.89 (70.7% above fair value)
  • GF Score™: 89/100 with 7 warning signs
  • Industry Position: 9.2% above the Construction median (#625 of 1767)

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


Badger Infrastructure Solutions Business Description

Other Exchanges BDGIF:USA
Address 919 - 11th Avenue SW, Suite 400, Calgary, AB, CAN, T2R 1P3
Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating and related services, with operations in both the United States and Canada. Its key technology is the Badger Hydrovac, which is used predominantly for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units into its existing and future design and manufacturing processes. It provides services to contractors and facility owners in a range of infrastructure industries, general commercial construction and industrial cleaning services.
89GF Score

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

C$94.89
Price
C$55.59
GF Value