Kering annual operating margin
2020
2021
2022
2023
2024
2025
Kering Operating Margin Growth & History (KER)
Kering's operating margin was 11.11% for fiscal 2025.
View full Kering company overviewKering annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 11.11% | −3.35 pp |
| 2024 | 2024-12-31 | 14.46% | −9.27 pp |
| 2023 | 2023-12-31 | 23.73% | −2.78 pp |
| 2022 | 2022-12-31 | 26.51% | −0.68 pp |
| 2021 | 2021-12-31 | 27.19% | +2.01 pp |
| 2020 | 2020-12-31 | 25.18% | — |
Kering operating margin trends
Over the last five fiscal years, Kering's operating margin decreased from 25.18% to 11.11%, a change of −14.06 percentage points.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as reported operating income divided by reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Kering source filings ↗Community posts
Kering sales remain under pressure as Gucci’s recovery lags
Kering ($KER) reported third-quarter 2026 revenue of €3.35 billion, broadly unchanged as reported but down 1% at comparable exchange rates and scope. Gucci sales fell 6% on the comparable measure to €1.29 billion, with its directly operated ...
