YOU (Clear Secure) Operating Margin %: 24.51% (As of Mar. 2026)


YOU Clear Secure Inc YOU
70 GF Score
Price $52.95
GF Value $36.02
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Clear Secure Operating Margin %?

Clear Secure YOU +0.42% 70 Operating Margin % is 24.51% as of Mar. 2026. GuruFocus rates YOU with a GF Score™ of 70/100 and a GF Value™ of $36.02 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,818 Software companies, Clear Secure ranks better than 89.89% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Clear Secure's Operating Income for the three months ended in Mar. 2026 was $62.0 Mil. Clear Secure's Revenue for the three months ended in Mar. 2026 was $253.0 Mil. Therefore, Clear Secure's Operating Margin % for the quarter that ended in Mar. 2026 was 24.51%.

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

YOU' s Operating Margin % Range Over the Past 10 Years
Min: -45.26   Med: -8.2   Max: 22.4
Current: 22.4


YOU's Operating Margin % is ranked better than
89.89% of 2818 companies
in the Software industry
Industry Median: 3.865 vs YOU: 22.40

Clear Secure's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Clear Secure's Operating Income for the three months ended in Mar. 2026 was $62.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $211.1 Mil.


Clear Secure  (NYSE:YOU) 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.


Clear Secure Operating Margin % Related Terms


Clear Secure Operating Margin % Historical Data

* Premium members only.

The historical data trend for Clear Secure'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.

Clear Secure Operating Margin % Chart

Clear Secure Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial -45.26 -29.50 3.28 15.99 20.70

Clear Secure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 17.70 19.39 22.96 22.39 24.51

YOU vs APPF, NAVN, LYFT: Operating Margin % Comparison

For the Software - Application subindustry, Clear Secure'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.


Clear Secure Operating Margin % vs Software Industry

For the Software industry and Technology sector, Clear Secure's Operating Margin % distribution charts can be found below:

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


YOU
70GF Score
Clear Secure Inc YOU
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Clear Secure 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.

Clear Secure'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 )
=186.478 / 900.779
=20.70 %

Clear Secure'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 )
=62.001 / 253.003
=24.51 %

* 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 24.51% mean?
Clear Secure (YOU) has a Operating Margin % of 24.51% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Clear Secure and its competitors. According to the industry distribution chart, Clear Secure ranks #285 out of 2818 companies in the Software industry, placing it in the top 10.1%.
Is Clear Secure's Operating Margin % too high?
Clear Secure's current Operating Margin % is 24.51%. The Software industry median Operating Margin % is 3.87. Clear Secure's value of 24.51% is 534.2% above this industry median. Based on the distribution chart, Clear Secure ranks #285 out of 2818 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Clear Secure has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clear Secure's Operating Margin % compare to APPF and NAVN?
According to the Software industry distribution chart, Clear Secure ranks #285 out of 2818 companies for Operating Margin %. This places Clear Secure in the top 10% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.87. Clear Secure's value of 24.51% is 534.2% above this benchmark. 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 Software company?
The median Operating Margin % among Software companies is 3.87, based on 2,818 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. Clear Secure's current Operating Margin % of 24.51% is 534.2% 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 Clear Secure and its competitors. For the Software industry, the median Operating Margin % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clear Secure's current Operating Margin % is 24.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clear Secure stock overvalued right now?
Based on GuruFocus' analysis, Clear Secure (YOU) is currently considered Significantly Overvalued. The stock's GF Value™ is $36.02, compared to a current price of $52.95 — trading 47% above its estimated fair value. The current Operating Margin % is 24.51% and 534.2% above the Software industry median of 3.87. Clear Secure's overall GF Score™ is 70/100 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 Clear Secure (YOU), the current Operating Margin % is 24.51% 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 Clear Secure (YOU) Overvalued in 2026?

Based on GuruFocus' analysis, Clear Secure stock appears to be overvalued. The current stock price of $52.95 is trading 47% above its estimated GF Value™ of $36.02. GuruFocus considers Clear Secure to be Significantly Overvalued.

Key valuation signals for YOU:

  • Operating Margin %: 24.51%
  • GF Value™: $36.02 vs. price of $52.95 (47% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 534.2% above the Software median (#285 of 2818)

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


Clear Secure Business Description

Address 85 10th Avenue, 9th Floor, New York, NY, USA, 10011
Clear Secure Inc is an identity company making experiences safer and easier digitally and physically. It is involved in creating a frictionless travel experience while enhancing security. Its secure identity platform uses biometrics to automate the identity verification process through lanes in airports, helping to make the travel experience safe and easy. The Company's operations are mainly focused on growing and maintaining its secure identity network across multiple offerings in both aviation and non-aviation channels.
70GF Score

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

$52.95
Price
$36.02
GF Value