Amer Sports (AS) Operating Margin (2022 - 2026)

Amer Sports' Operating Margin history runs 5 years deep, the most recent figure standing at 16.5% for Q1 2026.

• In Q1 2026, Operating Margin rose 196.0% year-over-year to 16.5%; the TTM figure through Mar 2026 stood at 11.12% (up 93.0% YoY), while the FY2025 annual figure was 10.69%, up 161.0% from the prior year.
• Operating Margin was 16.5% for Q1 2026 at Amer Sports, up from 10.85% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 16.5% in Q1 2026 to a low of 0.01% in Q4 2022.
• Historically, Operating Margin has averaged 9.8% across 5 years, with a median of 11.34% in 2024.
• The sharpest annual moves came in 2023 and 2024: Operating Margin surged 699 bps in 2023, then plunged 328 bps in 2024.
• A 5-year view of Operating Margin shows it stood at 0.01% in 2022, then surged by 94816 bps to 6.99% in 2023, then soared by 69 bps to 11.84% in 2024, then declined by 8 bps to 10.85% in 2025, then soared by 52 bps to 16.5% in 2026.
• The last three Operating Margin figures came in at 16.5% (Q1 2026), 10.85% (Q4 2025), and 12.29% (Q3 2025), per Business Quant data.