FLSmidth ASWBO:FLSM -3.73%42 Operating Margin % is 13.02% as of Mar. 2026, which is 138% above its 10-year median of 5.46. GuruFocus rates WBO:FLSM with a GF Score™ of 42/100 and a GF Value™ of €35.63 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,038 Industrial Products companies, FLSmidth AS ranks better than 80.51% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. FLSmidth AS's Operating Income for the
three
months ended in Mar. 2026 was €57 Mil. FLSmidth AS's Revenue for the
three
months ended in Mar. 2026 was €439 Mil. Therefore, FLSmidth AS's Operating Margin % for the quarter that ended in Mar. 2026 was 13.02%.
Good Sign:
FLSmidth & Co AS operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for FLSmidth AS's Operating Margin % or its related term are showing as below:
WBO:FLSM'
s Operating Margin % Range Over the Past 10 Years
Min: 2.75 Med: 5.46 Max: 14.28
Current: 14.28
WBO:FLSM's Operating Margin % is ranked better than 80.51% of 3038
companies
in the Industrial Products industry
Industry Median: 6.53
vs WBO:FLSM: 14.28
FLSmidth AS's 5-Year Average Operating Margin % Growth Rate was 35.20% per year.
FLSmidth AS's Operating Income for the
three
months ended in Mar. 2026 was €57 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €271 Mil.
FLSmidth AS (WBO:FLSM) 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 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.
FLSmidth AS Operating Margin % Related Terms
FLSmidth AS Operating Margin % Historical Data
* Premium members only.
The historical data trend for FLSmidth AS'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.
WBO:FLSM vs GEV, ETN, PH: Operating Margin % Comparison
For the Specialty Industrial Machinery subindustry, FLSmidth AS'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.
FLSmidth AS Operating Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, FLSmidth AS's Operating Margin % distribution charts can be found below:
* The bar in red indicates where FLSmidth AS'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.
FLSmidth AS's Operating Margin % for the fiscal year that ended in Dec. 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.
FLSmidth AS (WBO:FLSM) has a Operating Margin % of 13.02% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on FLSmidth AS and its competitors. This is 138% above median its historical median of 5.46. Over the past decade, FLSmidth AS's Operating Margin % has ranged from 2.75 to 14.28. According to the industry distribution chart, FLSmidth AS ranks #592 out of 3038 companies in the Industrial Products industry, placing it in the top 19.5%.
Is FLSmidth AS's Operating Margin % too high?
FLSmidth AS's current Operating Margin % of 13.02% is 138% above median its 10-year median of 5.46. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 14.28. The Industrial Products industry median Operating Margin % is 6.53. FLSmidth AS's value of 13.02% is 99.4% above this industry median. Based on the distribution chart, FLSmidth AS ranks #592 out of 3038 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, FLSmidth AS has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FLSmidth AS's Operating Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, FLSmidth AS ranks #592 out of 3038 companies for Operating Margin %. This places FLSmidth AS in the top 20% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.53. FLSmidth AS's value of 13.02% is 99.4% above this benchmark. Historically, FLSmidth AS's own Operating Margin % has ranged from 2.75 to 14.28 over the past decade. While the company's 10-year median is 5.46 vs. the industry median of 6.53, FLSmidth AS 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 Industrial Products company?
The median Operating Margin % among Industrial Products companies is 6.53, based on 3,038 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. FLSmidth AS's current Operating Margin % of 13.02% is 99.4% 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 FLSmidth AS and its competitors. For the Industrial Products industry, the median Operating Margin % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FLSmidth AS's current Operating Margin % is 13.02%, which is 138% above median its own 10-year median of 5.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FLSmidth AS stock overvalued right now?
Based on GuruFocus' analysis, FLSmidth AS (WBO:FLSM) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.63, compared to a current price of €65.85 — trading 84.8% above its estimated fair value. The current Operating Margin % is 13.02%, which is 138% above median its 10-year median of 5.46 and 99.4% above the Industrial Products industry median of 6.53. FLSmidth AS's overall GF Score™ is 42/100 with 3 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 FLSmidth AS (WBO:FLSM), the current Operating Margin % is 13.02% 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 FLSmidth AS (WBO:FLSM) Overvalued in 2026?
Based on GuruFocus' analysis, FLSmidth AS stock appears to be overvalued.
The current stock price of €65.85 is trading 84.8% above its estimated GF Value™ of €35.63.
GuruFocus considers FLSmidth AS to be Significantly Overvalued.
Key valuation signals for WBO:FLSM:
Operating Margin %: 13.02% (138% above median its 10-year median of 5.46)
GF Value™: €35.63 vs. price of €65.85 (84.8% above fair value)
Industry Position: 99.4% above the Industrial Products median (#592 of 3038)
No single metric tells the full story. See the WBO:FLSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FLSmidth & Co AS is a Denmark-based company thatsupplies technologies and services to the mining industry, including solutions across processing flowsheets. Its offerings are aimed at supporting operational efficiency, risk management, and environmental considerations in the production of metals and minerals. The company's three segments are: Service, Products, and Pumps, Cyclones & Valves (PC&V). The majority of the company's revenue is generated from the Service segment. Geographically, the company operates across North America, South America, Europe, the Middle East & Africa, and Asia & Australia. Among all regions, South America contributes the majority of revenue.
42GF Score
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