Colruyt (XBRU:COLRS) Operating Margin %: 3.63% (As of Mar. 2026) — 21% Below Median

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What is Colruyt Operating Margin %?

Colruyt XBRU:COLRS 89 Operating Margin % is 3.63% as of Mar. 2026, which is 21% below its 10-year median of 4.57. GuruFocus rates XBRU:COLRS with a GF Score™ of 89/100. The stock has 2 warning signs investors should review. Among 308 Retail - Defensive companies, Colruyt ranks better than 55.84% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Colruyt's Operating Income for the six months ended in Mar. 2026 was €191.40 Mil. Colruyt's Revenue for the six months ended in Mar. 2026 was €5,275.00 Mil. Therefore, Colruyt's Operating Margin % for the quarter that ended in Mar. 2026 was 3.63%.

Warning Sign:

Colruyt Group NV operating margin has been in a 5-year decline. The average rate of decline per year is -1.9%.

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

XBRU:COLRS' s Operating Margin % Range Over the Past 10 Years
Min: 2.67   Med: 4.57   Max: 5.23
Current: 3.83


XBRU:COLRS's Operating Margin % is ranked better than
55.84% of 308 companies
in the Retail - Defensive industry
Industry Median: 3.385 vs XBRU:COLRS: 3.83

Colruyt's 5-Year Average Operating Margin % Growth Rate was -1.90% per year.

Colruyt's Operating Income for the six months ended in Mar. 2026 was €191.40 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €404.60 Mil.


Colruyt  (XBRU:COLRS) 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.


Colruyt Operating Margin % Related Terms


Colruyt Operating Margin % Historical Data

* Premium members only.

The historical data trend for Colruyt'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.

Colruyt Operating Margin % Chart

Colruyt Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 2.67 4.05 4.16 3.83

Colruyt Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3.37 5.00 3.35 4.03 3.63

XBRU:COLRS vs KR, SFM: Operating Margin % Comparison

For the Grocery Stores subindustry, Colruyt'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.


Colruyt Operating Margin % vs Retail - Defensive Industry

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

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



Colruyt 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.

Colruyt's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=404.6 / 10568.2
=3.83 %

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

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=191.4 / 5275
=3.63 %

* 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 3.63% mean?
Colruyt (XBRU:COLRS) has a Operating Margin % of 3.63% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Colruyt and its competitors. This is 21% below median its historical median of 4.57. Over the past decade, Colruyt's Operating Margin % has ranged from 2.67 to 5.23. According to the industry distribution chart, Colruyt ranks #136 out of 308 companies in the Retail - Defensive industry, placing it in the top 44.2%.
Is Colruyt's Operating Margin % too high?
Colruyt's current Operating Margin % of 3.63% is 21% below median its 10-year median of 4.57. Over the past 10 years, this metric has ranged from a low of 2.67 to a high of 5.23. The Retail - Defensive industry median Operating Margin % is 3.39. Colruyt's value of 3.63% is 7.2% above this industry median. Based on the distribution chart, Colruyt ranks #136 out of 308 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Colruyt has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Colruyt's Operating Margin % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Colruyt ranks #136 out of 308 companies for Operating Margin %. This puts Colruyt in the upper half of its industry. The industry median Operating Margin % is 3.39. Colruyt's value of 3.63% is 7.2% above this benchmark. Historically, Colruyt's own Operating Margin % has ranged from 2.67 to 5.23 over the past decade. While the company's 10-year median is 4.57 vs. the industry median of 3.39, Colruyt 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 - Defensive company?
The median Operating Margin % among Retail - Defensive companies is 3.39, based on 308 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. Colruyt's current Operating Margin % of 3.63% is 7.2% 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 Colruyt and its competitors. For the Retail - Defensive industry, the median Operating Margin % is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Colruyt's current Operating Margin % is 3.63%, which is 21% below median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Colruyt stock overvalued right now?
Colruyt (XBRU:COLRS) has a current Operating Margin % of 3.63%. The current Operating Margin % is 3.63%, which is 21% below median its 10-year median of 4.57 and 7.2% above the Retail - Defensive industry median of 3.39. Colruyt's overall GF Score™ is 89/100 with 2 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 Colruyt (XBRU:COLRS), the current Operating Margin % is 3.63% 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.

Colruyt Business Description

Address Edingensesteenweg 196, Wilgenveld, Halle, BEL, 1500
Colruyt Group NV is a retail group that operates in the areas of expertise Food, Health and Well-being, Non-Food and Energy, mainly in Belgium, but also in other countries, including France and Luxembourg. It operates a chain of supermarkets under the Colruyt brand, offering products at low prices through both physical outlets and webshops. The group is also active in the wholesale segment through Spar stores and the Solucious food service, among other initiatives. Its operating segments are: Food; Health and Well-being and Non-food; and Group activities, Real Estate and Energy. The majority of its revenue is generated from the Food segment, which offers a diverse range of food brands and sells directly to bulk and other consumers through its own stores and online channels (retail).