Fletcher Building Ltd
NZX:FBU

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Fletcher Building Ltd
NZX:FBU
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Price: 3.66 NZD -1.35%
Market Cap: NZ$3.9B

Operating Margin

5.3%
Current
Declining
by 2.1%
vs 3-y average of 7.5%

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
5.3%
=
Operating Income
NZ$374m
/
Revenue
NZ$7B

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
5.3%
=
Operating Income
NZ$374m
/
Revenue
NZ$7B

Peer Comparison

Country Company Market Cap Operating
Margin
AU
Fletcher Building Ltd
NZX:FBU
3.9B NZD
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US
Fortune Brands Home & Security Inc
LSE:0IRN
744.3B USD
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IE
Trane Technologies PLC
NYSE:TT
93.1B USD
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IE
Johnson Controls International PLC
NYSE:JCI
73.3B USD
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US
Carrier Global Corp
NYSE:CARR
50.2B USD
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FR
Compagnie de Saint Gobain SA
PAR:SGO
41.2B EUR
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SE
Assa Abloy AB
STO:ASSA B
401B SEK
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JP
Daikin Industries Ltd
TSE:6367
5.4T JPY
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CH
Geberit AG
SIX:GEBN
19.5B CHF
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US
Lennox International Inc
NYSE:LII
17.3B USD
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IE
Kingspan Group PLC
ISEQ:KRX
13.5B EUR
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Market Distribution

In line with most companies in Australia
Percentile
69th
Based on 3 951 companies
69th percentile
5.3%
Low
-14 949 200% — -526.4%
Typical Range
-526.4% — 6.1%
High
6.1% — 145 596.9%
Distribution Statistics
Australia
Min -14 949 200%
30th Percentile -526.4%
Median -25.2%
70th Percentile 6.1%
Max 145 596.9%

Fletcher Building Ltd
Glance View

Fletcher Building Ltd, a cornerstone of the Australasian construction and building materials landscape, represents the legacy and innovation rolled into one formidable player. Born out of a rich history dating back to 1909, the New Zealand-based company has evolved beyond its Pacific roots to become a prominent name in the construction, manufacturing, and distribution sectors. At its core, Fletcher Building thrives on a diverse portfolio that straddles multiple segments, including building products, international markets, and significant construction projects. By integrating its operations across different segments, the company leverages synergies that enhance its strategic positioning in the marketplace. The company’s footprint extends across an array of brands and businesses that cater to infrastructure, residential, and commercial building needs, evidence of its adaptive strategies amid ever-evolving market demands. In terms of operations, Fletcher Building skillfully aligns its manufacturing capabilities with robust distribution networks, allowing it to turn raw materials into finished products that reach various markets efficiently. It oversees everything from the development of building materials like plasterboard and steel to the execution of major infrastructure projects, blending craftsmanship with strategic acumen. This vertical integration not only sharpens its competitive edge but also enables the company to pass value onto customers through cost-effective solutions. A critical revenue stream is its construction division, which manages large-scale projects that range from roads and bridges to commercial complexes and residential developments. Additionally, its building products segment remains a steady performer, encompassing everything from insulation and roofing to laminates and paneling—products essential to building endeavors worldwide. Through this multifaceted business model, Fletcher Building continues to solidify its standing as an influential force in the global construction industry, setting the stage for sustained growth and innovation.

FBU Intrinsic Value
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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
5.3%
=
Operating Income
NZ$374m
/
Revenue
NZ$7B
What is Fletcher Building Ltd's current Operating Margin?

The current Operating Margin for Fletcher Building Ltd is 5.3%, which is below its 3-year median of 7.5%.

How has Operating Margin changed over time?

Over the last 3 years, Fletcher Building Ltd’s Operating Margin has decreased from 8.5% to 5.3%. During this period, it reached a low of 5.3% on Jun 30, 2025 and a high of 9.6% on Jun 30, 2023.

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