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Deutsche Boerse AG (WBO:DBO) Operating Margin % : 39.85% (As of Sep. 2024)


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What is Deutsche Boerse AG Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Deutsche Boerse AG's Operating Income for the three months ended in Sep. 2024 was €679 Mil. Deutsche Boerse AG's Revenue for the three months ended in Sep. 2024 was €1,704 Mil. Therefore, Deutsche Boerse AG's Operating Margin % for the quarter that ended in Sep. 2024 was 39.85%.

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

WBO:DBO' s Operating Margin % Range Over the Past 10 Years
Min: 37.85   Med: 40.86   Max: 43.76
Current: 40.12


WBO:DBO's Operating Margin % is ranked better than
74.47% of 658 companies
in the Capital Markets industry
Industry Median: 13.73 vs WBO:DBO: 40.12

Deutsche Boerse AG's 5-Year Average Operating Margin % Growth Rate was -0.10% per year.

Deutsche Boerse AG's Operating Income for the three months ended in Sep. 2024 was €679 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was €2,764 Mil.


Deutsche Boerse AG Operating Margin % Historical Data

The historical data trend for Deutsche Boerse AG'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.

* Premium members only.

Deutsche Boerse AG Operating Margin % Chart

Deutsche Boerse AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.76 42.52 38.09 41.33 41.61

Deutsche Boerse AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 39.30 35.96 43.42 41.25 39.85

Competitive Comparison of Deutsche Boerse AG's Operating Margin %

For the Financial Data & Stock Exchanges subindustry, Deutsche Boerse AG'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.


Deutsche Boerse AG's Operating Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Deutsche Boerse AG's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Deutsche Boerse AG's Operating Margin % falls into.



Deutsche Boerse AG 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.

Deutsche Boerse AG's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=2536.5 / 6096.1
=41.61 %

Deutsche Boerse AG's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=679 / 1704.1
=39.85 %

* 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.


Deutsche Boerse AG  (WBO:DBO) 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.


Deutsche Boerse AG Operating Margin % Related Terms

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Deutsche Boerse AG Business Description

Address
Mergenthalerallee 61, Eschborn, Frankfurt, HE, DEU, 60485
Deutsche Boerse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments include Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.