Dye & DurhamTSX:DND -8.07%69 Operating Margin % is 46.16% as of Mar. 2026, which is 105% above its 10-year median of 22.50. GuruFocus rates TSX:DND with a GF Score™ of 69/100 and a GF Value™ of C$9.87 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,818 Software companies, Dye & Durham ranks better than 82.93% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Dye & Durham's Operating Income for the
three
months ended in Mar. 2026 was C$42.1 Mil. Dye & Durham's Revenue for the
three
months ended in Mar. 2026 was C$91.2 Mil. Therefore, Dye & Durham's Operating Margin % for the quarter that ended in Mar. 2026 was 46.16%.
Warning Sign:
Dye & Durham Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -9.2%.
The historical rank and industry rank for Dye & Durham's Operating Margin % or its related term are showing as below:
TSX:DND'
s Operating Margin % Range Over the Past 10 Years
Min: 12.66 Med: 22.5 Max: 42.18
Current: 16.24
TSX:DND's Operating Margin % is ranked better than 82.93% of 2818
companies
in the Software industry
Industry Median: 3.865
vs TSX:DND: 16.24
Dye & Durham's 5-Year Average Operating Margin % Growth Rate was -9.20% per year.
Dye & Durham's Operating Income for the
three
months ended in Mar. 2026 was C$42.1 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was C$66.9 Mil.
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.
Dye & Durham Operating Margin % Related Terms
Dye & Durham Operating Margin % Historical Data
* Premium members only.
The historical data trend for Dye & Durham'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.
TSX:DND vs CRM, SHOP, UBER: Operating Margin % Comparison
For the Software - Application subindustry, Dye & Durham'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.
Dye & Durham Operating Margin % vs Software Industry
For the Software industry and Technology sector, Dye & Durham's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Dye & Durham'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.
Dye & Durham's Operating Margin % for the fiscal year that ended in Jun. 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.
Dye & Durham (TSX:DND) has a Operating Margin % of 46.16% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Dye & Durham and its competitors. This is 105% above median its historical median of 22.50. Over the past decade, Dye & Durham's Operating Margin % has ranged from 12.66 to 42.18. According to the industry distribution chart, Dye & Durham ranks #481 out of 2818 companies in the Software industry, placing it in the top 17.1%.
Is Dye & Durham's Operating Margin % too high?
Dye & Durham's current Operating Margin % of 46.16% is 105% above median its 10-year median of 22.50. Over the past 10 years, this metric has ranged from a low of 12.66 to a high of 42.18. The Software industry median Operating Margin % is 3.87. Dye & Durham's value of 46.16% is 1094.3% above this industry median. Based on the distribution chart, Dye & Durham ranks #481 out of 2818 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Dye & Durham has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dye & Durham's Operating Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Dye & Durham ranks #481 out of 2818 companies for Operating Margin %. This places Dye & Durham in the top 17% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.87. Dye & Durham's value of 46.16% is 1094.3% above this benchmark. Historically, Dye & Durham's own Operating Margin % has ranged from 12.66 to 42.18 over the past decade. While the company's 10-year median is 22.50 vs. the industry median of 3.87, Dye & Durham 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 Software company?
The median Operating Margin % among Software companies is 3.87, based on 2,818 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. Dye & Durham's current Operating Margin % of 46.16% is 1094.3% 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 Dye & Durham and its competitors. For the Software industry, the median Operating Margin % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dye & Durham's current Operating Margin % is 46.16%, which is 105% above median its own 10-year median of 22.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dye & Durham stock overvalued right now?
Based on GuruFocus' analysis, Dye & Durham (TSX:DND) is currently considered Possible Value Trap. The stock's GF Value™ is C$9.87, compared to a current price of C$1.48 — trading 85% below its estimated fair value. The current Operating Margin % is 46.16%, which is 105% above median its 10-year median of 22.50 and 1094.3% above the Software industry median of 3.87. Dye & Durham's overall GF Score™ is 69/100 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 Dye & Durham (TSX:DND), the current Operating Margin % is 46.16% 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 Dye & Durham (TSX:DND) Overvalued in 2026?
Based on GuruFocus' analysis, Dye & Durham stock appears to be undervalued.
The current stock price of C$1.48 is trading 85% below its estimated GF Value™ of C$9.87.
GuruFocus considers Dye & Durham to be Possible Value Trap.
Key valuation signals for TSX:DND:
Operating Margin %: 46.16% (105% above median its 10-year median of 22.50)
GF Value™: C$9.87 vs. price of C$1.48 (85% below fair value)
Industry Position: 1094.3% above the Software median (#481 of 2818)
No single metric tells the full story. See the TSX:DND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dye & Durham Ltd is engaged in providing cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The company provides practice management solutions, empowering legal professionals every day to effortlessly run their practice, also seamlessly delivers vital data insights to legal professionals to support risk management decision-making for corporate and property transactions, and operates digital infrastructure trusted by governments and financial institutions that enables essential payment transactions and supports the home-buying journey. The company has business operations in Canada, which is its key revenue-generating market, the United Kingdom and Ireland, and Australia.
69GF Score
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