ICL GroupXTAE:ICL 82 Operating Margin % is 11.57% as of Mar. 2026, which is 8% below its 10-year median of 12.56. GuruFocus rates XTAE:ICL with a GF Score™ of 82/100 and a GF Value™ of ₪18.19 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 250 Agriculture companies, ICL Group ranks better than 64.8% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. ICL Group's Operating Income for the
three
months ended in Mar. 2026 was ₪694 Mil. ICL Group's Revenue for the
three
months ended in Mar. 2026 was ₪5,996 Mil. Therefore, ICL Group's Operating Margin % for the quarter that ended in Mar. 2026 was 11.57%.
Good Sign:
ICL Group Ltd operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for ICL Group's Operating Margin % or its related term are showing as below:
XTAE:ICL'
s Operating Margin % Range Over the Past 10 Years
Min: 5.79 Med: 12.56 Max: 34.8
Current: 9.79
XTAE:ICL's Operating Margin % is ranked better than 64.8% of 250
companies
in the Agriculture industry
Industry Median: 7.035
vs XTAE:ICL: 9.79
ICL Group's 5-Year Average Operating Margin % Growth Rate was 1.70% per year.
ICL Group's Operating Income for the
three
months ended in Mar. 2026 was ₪694 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₪2,149 Mil.
ICL Group (XTAE:ICL) 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.
ICL Group Operating Margin % Related Terms
ICL Group Operating Margin % Historical Data
* Premium members only.
The historical data trend for ICL Group'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.
XTAE:ICL vs CTVA, CF, MOS: Operating Margin % Comparison
For the Agricultural Inputs subindustry, ICL Group'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.
ICL Group Operating Margin % vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, ICL Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where ICL Group'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.
ICL Group'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.
ICL Group (XTAE:ICL) has a Operating Margin % of 11.57% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on ICL Group and its competitors. This is near median its historical median of 12.56. Over the past decade, ICL Group's Operating Margin % has ranged from 5.79 to 34.80. According to the industry distribution chart, ICL Group ranks #88 out of 250 companies in the Agriculture industry, placing it in the top 35.2%.
Is ICL Group's Operating Margin % too high?
ICL Group's current Operating Margin % of 11.57% is near median its 10-year median of 12.56. Over the past 10 years, this metric has ranged from a low of 5.79 to a high of 34.80. The Agriculture industry median Operating Margin % is 7.04. ICL Group's value of 11.57% is 64.5% above this industry median. Based on the distribution chart, ICL Group ranks #88 out of 250 companies in the Agriculture industry, which is above the industry midpoint. Overall, ICL Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ICL Group's Operating Margin % compare to CTVA and CF?
According to the Agriculture industry distribution chart, ICL Group ranks #88 out of 250 companies for Operating Margin %. This puts ICL Group in the upper half of its industry. The industry median Operating Margin % is 7.04. ICL Group's value of 11.57% is 64.5% above this benchmark. Historically, ICL Group's own Operating Margin % has ranged from 5.79 to 34.80 over the past decade. While the company's 10-year median is 12.56 vs. the industry median of 7.04, ICL Group 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 Agriculture company?
The median Operating Margin % among Agriculture companies is 7.04, based on 250 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. ICL Group's current Operating Margin % of 11.57% is 64.5% 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 ICL Group and its competitors. For the Agriculture industry, the median Operating Margin % is 7.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICL Group's current Operating Margin % is 11.57%, which is near median its own 10-year median of 12.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICL Group stock overvalued right now?
Based on GuruFocus' analysis, ICL Group (XTAE:ICL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪18.19, compared to a current price of ₪14.80 — trading 18.6% below its estimated fair value. The current Operating Margin % is 11.57%, which is near median its 10-year median of 12.56 and 64.5% above the Agriculture industry median of 7.04. ICL Group's overall GF Score™ is 82/100 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 ICL Group (XTAE:ICL), the current Operating Margin % is 11.57% 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 ICL Group (XTAE:ICL) Overvalued in 2026?
Based on GuruFocus' analysis, ICL Group stock appears to be undervalued.
The current stock price of ₪14.80 is trading 18.6% below its estimated GF Value™ of ₪18.19.
GuruFocus considers ICL Group to be Modestly Undervalued.
Key valuation signals for XTAE:ICL:
Operating Margin %: 11.57% (near median its 10-year median of 12.56)
GF Value™: ₪18.19 vs. price of ₪14.80 (18.6% below fair value)
Industry Position: 64.5% above the Agriculture median (#88 of 250)
No single metric tells the full story. See the XTAE:ICL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICL Group Ltd is a manufacturer of products based on minerals. The firm is comprised of four segments: phosphate solutions, potash, industrial products, and growing solutions. These segments all contribute to the company's development of agriculture, food, and engineered material products and services. Maximum revenue is generated from its phosphate solutions segment which uses phosphate commodity products, such as phosphate rock and fertilizer-grade phosphoric acid (green phosphoric acid), to produce specialty products. This segment also produces and markets phosphate-based fertilizers. Geographically, the company generates revenue from Brazil, the United States of America, China, United Kingdom, Germany, Spain, Israel, France, India, Netherlands, and other countries.
82GF Score
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