Edenred SEXPAR:EDEN +0.27%91 Operating Margin % is 33.38% as of Dec. 2025, which is 11% above its 10-year median of 30.03. GuruFocus rates XPAR:EDEN with a GF Score™ of 91/100 and a GF Value™ of €44.13 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 412 Credit Services companies, Edenred SE ranks better than 69.42% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Edenred SE's Operating Income for the
six
months ended in Dec. 2025 was €504 Mil. Edenred SE's Revenue for the
six
months ended in Dec. 2025 was €1,510 Mil. Therefore, Edenred SE's Operating Margin % for the quarter that ended in Dec. 2025 was 33.38%.
Good Sign:
Edenred SE operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Edenred SE's Operating Margin % or its related term are showing as below:
XPAR:EDEN'
s Operating Margin % Range Over the Past 10 Years
Min: 26.65 Med: 30.03 Max: 32.53
Current: 32.35
XPAR:EDEN's Operating Margin % is ranked better than 69.42% of 412
companies
in the Credit Services industry
Industry Median: 17.325
vs XPAR:EDEN: 32.35
Edenred SE's 5-Year Average Operating Margin % Growth Rate was 2.60% per year.
Edenred SE's Operating Income for the
six
months ended in Dec. 2025 was €504 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €958 Mil.
Edenred SE (XPAR:EDEN) 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.
Edenred SE Operating Margin % Related Terms
Edenred SE Operating Margin % Historical Data
* Premium members only.
The historical data trend for Edenred SE'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.
XPAR:EDEN vs V, MA, AXP: Operating Margin % Comparison
For the Credit Services subindustry, Edenred SE'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.
Edenred SE Operating Margin % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Edenred SE's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Edenred SE'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.
Edenred SE'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.
Edenred SE (XPAR:EDEN) has a Operating Margin % of 33.38% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Edenred SE and its competitors. This is 11% above median its historical median of 30.03. Over the past decade, Edenred SE's Operating Margin % has ranged from 26.65 to 32.53. According to the industry distribution chart, Edenred SE ranks #126 out of 412 companies in the Credit Services industry, placing it in the top 30.6%.
Is Edenred SE's Operating Margin % too high?
Edenred SE's current Operating Margin % of 33.38% is 11% above median its 10-year median of 30.03. Over the past 10 years, this metric has ranged from a low of 26.65 to a high of 32.53. The Credit Services industry median Operating Margin % is 17.33. Edenred SE's value of 33.38% is 92.7% above this industry median. Based on the distribution chart, Edenred SE ranks #126 out of 412 companies in the Credit Services industry, which is above the industry midpoint. Overall, Edenred SE has a GF Score™ of 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Edenred SE's Operating Margin % compare to V and MA?
According to the Credit Services industry distribution chart, Edenred SE ranks #126 out of 412 companies for Operating Margin %. This puts Edenred SE in the upper half of its industry. The industry median Operating Margin % is 17.33. Edenred SE's value of 33.38% is 92.7% above this benchmark. Historically, Edenred SE's own Operating Margin % has ranged from 26.65 to 32.53 over the past decade. While the company's 10-year median is 30.03 vs. the industry median of 17.33, Edenred SE 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 Credit Services company?
The median Operating Margin % among Credit Services companies is 17.33, based on 412 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. Edenred SE's current Operating Margin % of 33.38% is 92.7% 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 Edenred SE and its competitors. For the Credit Services industry, the median Operating Margin % is 17.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Edenred SE's current Operating Margin % is 33.38%, which is 11% above median its own 10-year median of 30.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edenred SE stock overvalued right now?
Based on GuruFocus' analysis, Edenred SE (XPAR:EDEN) is currently considered Possible Value Trap. The stock's GF Value™ is €44.13, compared to a current price of €22.32 — trading 49.4% below its estimated fair value. The current Operating Margin % is 33.38%, which is 11% above median its 10-year median of 30.03 and 92.7% above the Credit Services industry median of 17.33. Edenred SE's overall GF Score™ is 91/100 with 4 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 Edenred SE (XPAR:EDEN), the current Operating Margin % is 33.38% 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 Edenred SE (XPAR:EDEN) Overvalued in 2026?
Based on GuruFocus' analysis, Edenred SE stock appears to be undervalued.
The current stock price of €22.32 is trading 49.4% below its estimated GF Value™ of €44.13.
GuruFocus considers Edenred SE to be Possible Value Trap.
Key valuation signals for XPAR:EDEN:
Operating Margin %: 33.38% (11% above median its 10-year median of 30.03)
GF Value™: €44.13 vs. price of €22.32 (49.4% below fair value)
Industry Position: 92.7% above the Credit Services median (#126 of 412)
No single metric tells the full story. See the XPAR:EDEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Edenred is a France-listed prepaid corporate services provider operating in 45 countries. The company was listed in 2010 following a spinoff from hotel group Accor. Edenred's main business, Ticket Restaurant, offers prepaid meal vouchers that employers provide their employees as an additional benefit. The company is also involved in other areas, such as prepaid fuel cards and payment and expense management systems. Edenred is also moving beyond its historical services, adding well-being, gift, EV, toll, and business-to-business accounts payable automation services.
91GF Score
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