Elia Group/NV (WBO:ELIA) Operating Margin %: 22.55% (As of Dec. 2025) — Near Median


WBO:ELIA Elia Group SA/NV WBO:ELIA
81 GF Score
Price €139.10
GF Value €93.86
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Elia Group/NV Operating Margin %?

Elia Group/NV WBO:ELIA +3.19% 81 Operating Margin % is 22.55% as of Dec. 2025, which is 7% above its 10-year median of 21.01. GuruFocus rates WBO:ELIA with a GF Score™ of 81/100 and a GF Value™ of €93.86 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 499 Utilities - Regulated companies, Elia Group/NV ranks better than 72.95% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Elia Group/NV's Operating Income for the six months ended in Dec. 2025 was €512 Mil. Elia Group/NV's Revenue for the six months ended in Dec. 2025 was €2,270 Mil. Therefore, Elia Group/NV's Operating Margin % for the quarter that ended in Dec. 2025 was 22.55%.

Good Sign:

Elia Group SA/NV operating margin is expanding. Margin expansion is usually a good sign.

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

WBO:ELIA' s Operating Margin % Range Over the Past 10 Years
Min: 12.02   Med: 21.01   Max: 23.56
Current: 23.56


WBO:ELIA's Operating Margin % is ranked better than
72.95% of 499 companies
in the Utilities - Regulated industry
Industry Median: 14.97 vs WBO:ELIA: 23.56

Elia Group/NV's 5-Year Average Operating Margin % Growth Rate was 2.50% per year.

Elia Group/NV's Operating Income for the six months ended in Dec. 2025 was €512 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €1,047 Mil.


Elia Group/NV  (WBO:ELIA) 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.


Elia Group/NV Operating Margin % Related Terms


Elia Group/NV Operating Margin % Historical Data

* Premium members only.

The historical data trend for Elia Group/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.

Elia Group/NV Operating Margin % Chart

Elia Group/NV 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 18.21 12.02 15.92 19.98 23.56

Elia Group/NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 17.25 16.05 23.52 24.62 22.55

WBO:ELIA vs NEE, SO, DUK: Operating Margin % Comparison

For the Utilities - Regulated Electric subindustry, Elia Group/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.


Elia Group/NV Operating Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elia Group/NV's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Elia Group/NV's Operating Margin % falls into.


WBO:ELIA
81GF Score
Elia Group SA/NV WBO:ELIA
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elia Group/NV 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.

Elia Group/NV'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 )
=1046.7 / 4442.2
=23.56 %

Elia Group/NV's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=511.8 / 2269.8
=22.55 %

* 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 22.55% mean?
Elia Group/NV (WBO:ELIA) has a Operating Margin % of 22.55% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Elia Group/NV and its competitors. This is near median its historical median of 21.01. Over the past decade, Elia Group/NV's Operating Margin % has ranged from 12.02 to 23.56. According to the industry distribution chart, Elia Group/NV ranks #135 out of 499 companies in the Utilities - Regulated industry, placing it in the top 27.1%.
Is Elia Group/NV's Operating Margin % too high?
Elia Group/NV's current Operating Margin % of 22.55% is near median its 10-year median of 21.01. Over the past 10 years, this metric has ranged from a low of 12.02 to a high of 23.56. The Utilities - Regulated industry median Operating Margin % is 14.97. Elia Group/NV's value of 22.55% is 50.6% above this industry median. Based on the distribution chart, Elia Group/NV ranks #135 out of 499 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Elia Group/NV has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elia Group/NV's Operating Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Elia Group/NV ranks #135 out of 499 companies for Operating Margin %. This puts Elia Group/NV in the upper half of its industry. The industry median Operating Margin % is 14.97. Elia Group/NV's value of 22.55% is 50.6% above this benchmark. Historically, Elia Group/NV's own Operating Margin % has ranged from 12.02 to 23.56 over the past decade. While the company's 10-year median is 21.01 vs. the industry median of 14.97, Elia Group/NV 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 an Utilities - Regulated company?
The median Operating Margin % among Utilities - Regulated companies is 14.97, based on 499 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. Elia Group/NV's current Operating Margin % of 22.55% is 50.6% 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 Elia Group/NV and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elia Group/NV's current Operating Margin % is 22.55%, which is near median its own 10-year median of 21.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elia Group/NV stock overvalued right now?
Based on GuruFocus' analysis, Elia Group/NV (WBO:ELIA) is currently considered Significantly Overvalued. The stock's GF Value™ is €93.86, compared to a current price of €139.10 — trading 48.2% above its estimated fair value. The current Operating Margin % is 22.55%, which is near median its 10-year median of 21.01 and 50.6% above the Utilities - Regulated industry median of 14.97. Elia Group/NV's overall GF Score™ is 81/100 with 11 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 Elia Group/NV (WBO:ELIA), the current Operating Margin % is 22.55% 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 Elia Group/NV (WBO:ELIA) Overvalued in 2026?

Based on GuruFocus' analysis, Elia Group/NV stock appears to be overvalued. The current stock price of €139.10 is trading 48.2% above its estimated GF Value™ of €93.86. GuruFocus considers Elia Group/NV to be Significantly Overvalued.

Key valuation signals for WBO:ELIA:

  • Operating Margin %: 22.55% (near median its 10-year median of 21.01)
  • GF Value™: €93.86 vs. price of €139.10 (48.2% above fair value)
  • GF Score™: 81/100 with 11 warning signs
  • Industry Position: 50.6% above the Utilities - Regulated median (#135 of 499)

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


Elia Group/NV Business Description

Address 20 Boulevard de l’Empereur, Brussels, BEL, 1000
Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company mainly generates revenue by serving as the electricity transmission system operator in both Germany and Belgium, where it provides electric grid usage. These countries also house many of the firm's energy infrastructure investments. Elia's operating segments are: 50Hertz Transmission Germany, which derives maximum revenue, Elia Transmission Belgium, and Non-regulated activities and Nemo Link. Geographically, it generates maximum revenue from Germany, and the rest from Belgium, Other EU countries, North America, and Asia and Africa.
81GF Score

Get the complete analysis for WBO:ELIA

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

€139.10
Price
€93.86
GF Value