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Halma PLC
LSE:HLMA

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Halma PLC
LSE:HLMA
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Price: 4 038 GBX 6.71% Market Closed
Market Cap: £15.3B

Operating Margin

20.2%
Current
Improving
by 1.6%
vs 3-y average of 18.6%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
20.2%
=
Operating Income
£488.2m
/
Revenue
£2.4B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
20.2%
=
Operating Income
GBX488.2m
/
Revenue
£2.4B

Peer Comparison

Country Company Market Cap Operating
Margin
UK
Halma PLC
LSE:HLMA
15.3B GBP
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JP
Keyence Corp
TSE:6861
14.7T JPY
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US
Keysight Technologies Inc
NYSE:KEYS
54.7B USD
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CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
283B CNY
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US
Teledyne Technologies Inc
NYSE:TDY
30.5B USD
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CN
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
193.2B CNY
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SE
Hexagon AB
STO:HEXA B
256.4B SEK
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TW
Chroma ATE Inc
TWSE:2360
730.7B TWD
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CN
Huagong Tech Co Ltd
SZSE:000988
111B CNY
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US
Trimble Inc
NASDAQ:TRMB
15.8B USD
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US
Advanced Energy Industries Inc
NASDAQ:AEIS
13.9B USD
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Market Distribution

Higher than 98% of companies in United Kingdom
Percentile
98th
Based on 3 579 companies
98th percentile
20.2%
Low
-195 650% — 0%
Typical Range
0% — 0.2%
High
0.2% — 4 630.7%
Distribution Statistics
United Kingdom
Min -195 650%
30th Percentile 0%
Median 0.1%
70th Percentile 0.2%
Max 4 630.7%

Halma PLC
Glance View

Market Cap
15.3B GBX
Industry
Electrical Equipment

Halma PLC is a remarkable story of strategic evolution and steady perseverance in the world of niche market technologies. Founded in 1894 and initially involved in the rubber processing industry, the company transformed into a globally recognized enterprise dedicated to creating a safer, cleaner, and healthier environment. Headquartered in Amersham, UK, Halma operates through a decentralized model, comprising around 50 small businesses organized under four sectors: Process Safety, Infrastructure Safety, Environmental & Analysis, and Medical. This structure enables Halma to remain agile, fostering innovation and responsiveness to market changes. By acquiring companies that align with its mission and prioritizing continuous R&D investment, Halma fortifies its position as a leader in its chosen sectors. Revenue generation for Halma is predominantly driven by the sale of products and services that ensure safety and compliance across various industries. Within its Process Safety division, Halma supplies devices aimed at protecting industrial plants from explosion hazards, while its Infrastructure Safety segment focuses on sensor technologies to mitigate risks in work environments. The group’s Environmental & Analysis arm offers sophisticated systems for water quality monitoring and pollution control, reflecting industry needs for environmental stewardship. Meanwhile, its Medical segment provides products aiding in patient assessment and treatment, ranging from ophthalmic instruments to diagnostic solutions. This diversified business model, emphasizing necessity-driven technologies, ensures Halma a stable income stream and positions it as a resilient enterprise capable of adapting to global challenges.

HLMA Intrinsic Value
1 055.2 GBX
Overvaluation 74%
Intrinsic Value
Price GBX4 038
What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
20.2%
=
Operating Income
£488.2m
/
Revenue
£2.4B
What is Halma PLC's current Operating Margin?

The current Operating Margin for Halma PLC is 20.2%, which is above its 3-year median of 18.6%.

How has Operating Margin changed over time?

Over the last 3 years, Halma PLC’s Operating Margin has increased from 17.9% to 20.2%. During this period, it reached a low of 17.4% on Sep 30, 2023 and a high of 20.2% on Sep 30, 2025.

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