WINA (Winmark) Operating Margin %: 62.10% (As of Jun. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WINA Winmark Corp WINA
82 GF Score
Price $333.36
GF Value $400.99
Valuation Modestly Undervalued
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What is Winmark Operating Margin %?

Winmark WINA +0.63% 82 Operating Margin % is 62.10% as of Jun. 2026, which is 0% below its 10-year median of 62.16. GuruFocus rates WINA with a GF Score™ of 82/100 and a GF Value™ of $400.99 (Modestly Undervalued). Among 1,130 Retail - Cyclical companies, Winmark ranks better than 99.82% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Winmark's Operating Income for the three months ended in Jun. 2026 was $13.64 Mil. Winmark's Revenue for the three months ended in Jun. 2026 was $21.97 Mil. Therefore, Winmark's Operating Margin % for the quarter that ended in Jun. 2026 was 62.10%.

Good Sign:

Winmark Corp operating margin is expanding. Margin expansion is usually a good sign.

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

WINA' s Operating Margin % Range Over the Past 10 Years
Min: 55.63   Med: 62.16   Max: 65.85
Current: 62.33


WINA's Operating Margin % is ranked better than
99.82% of 1130 companies
in the Retail - Cyclical industry
Industry Median: 3.92 vs WINA: 62.33

Winmark's 5-Year Average Operating Margin % Growth Rate was 0.40% per year.

Winmark's Operating Income for the three months ended in Jun. 2026 was $13.64 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was $53.94 Mil.


Winmark  (NAS:WINA) 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.


Winmark Operating Margin % Related Terms


Winmark Operating Margin % Historical Data

* Premium members only.

The historical data trend for Winmark'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.

Winmark Operating Margin % Chart

Winmark 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 65.63 65.85 64.01 65.11 63.44

Winmark Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 63.97 65.93 61.71 59.29 62.10

WINA vs ARHS, OLPX, SBH: Operating Margin % Comparison

For the Specialty Retail subindustry, Winmark'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.


Winmark Operating Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Winmark's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Winmark's Operating Margin % falls into.


WINA
82GF Score
Winmark Corp WINA
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Winmark 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.

Winmark'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 )
=54.594 / 86.056
=63.44 %

Winmark's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=13.641 / 21.966
=62.10 %

* 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 62.10% mean?
Winmark (WINA) has a Operating Margin % of 62.10% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Winmark and its competitors. This is near median its historical median of 62.16. Over the past decade, Winmark's Operating Margin % has ranged from 55.63 to 65.85. According to the industry distribution chart, Winmark ranks #2 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 0.2%.
Is Winmark's Operating Margin % too high?
Winmark's current Operating Margin % of 62.10% is near median its 10-year median of 62.16. Over the past 10 years, this metric has ranged from a low of 55.63 to a high of 65.85. The Retail - Cyclical industry median Operating Margin % is 3.92. Winmark's value of 62.10% is 1484.2% above this industry median. Based on the distribution chart, Winmark ranks #2 out of 1130 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Winmark has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Winmark's Operating Margin % compare to ARHS and OLPX?
According to the Retail - Cyclical industry distribution chart, Winmark ranks #2 out of 1130 companies for Operating Margin %. This places Winmark in the top 0% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.92. Winmark's value of 62.10% is 1484.2% above this benchmark. Historically, Winmark's own Operating Margin % has ranged from 55.63 to 65.85 over the past decade. While the company's 10-year median is 62.16 vs. the industry median of 3.92, Winmark 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.92, based on 1,130 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. Winmark's current Operating Margin % of 62.10% is 1484.2% 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 Winmark and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winmark's current Operating Margin % is 62.10%, which is near median its own 10-year median of 62.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winmark stock overvalued right now?
Based on GuruFocus' analysis, Winmark (WINA) is currently considered Modestly Undervalued. The stock's GF Value™ is $400.99, compared to a current price of $333.36 — trading 16.9% below its estimated fair value. The current Operating Margin % is 62.10%, which is near median its 10-year median of 62.16 and 1484.2% above the Retail - Cyclical industry median of 3.92. Winmark's overall GF Score™ is 82/100. 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 Winmark (WINA), the current Operating Margin % is 62.10% as of Jun. 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 Winmark (WINA) Overvalued in 2026?

Based on GuruFocus' analysis, Winmark stock appears to be undervalued. The current stock price of $333.36 is trading 16.9% below its estimated GF Value™ of $400.99. GuruFocus considers Winmark to be Modestly Undervalued.

Key valuation signals for WINA:

  • Operating Margin %: 62.10% (near median its 10-year median of 62.16)
  • GF Value™: $400.99 vs. price of $333.36 (16.9% below fair value)
  • GF Score™: 82/100
  • Industry Position: 1484.2% above the Retail - Cyclical median (#2 of 1130)

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


Winmark Business Description

Other Exchanges GBZ:Germany
Address 605 Highway 169 North, Suite 400, Minneapolis, MN, USA, 55441
Winmark Corp is a franchisor of value-oriented retail store concepts that buy, sell, and trade gently used merchandise. The company has one reportable segment, including Franchising, and one non-reportable segment, Leasing. The franchising segment franchises value-oriented retail stores that buy, sell, trade, and consign merchandise as well as provide strategic consulting services relating to franchising. The leasing segment includes the middle-market equipment leasing business and small-ticket financing business. It generates a majority of its revenue from the Franchising segment.
82GF Score

Get the complete analysis for WINA

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

$333.36
Price
$400.99
GF Value