Highway Holdings (HIHO) Operating Margin (2009 - 2026)
Highway Holdings' Operating Margin was -122.56% in fiscal Q4 2026 (quarter ended Mar 31, 2026), down 78.71 percentage points from -43.85% a year earlier and down 80.18 percentage points from the prior quarter.
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Analysis
Highway Holdings (HIHO) Operating Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Operating Margin at Highway Holdings came in at -48.01%, down 40.79 percentage points from FY2025.
- Operating Margin shows a five-year change of -41.29 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Operating Margin was -7.22% in FY2025 (+18.58 pp), -25.80% in FY2024 (-21.15 pp), -4.66% in FY2023 (-9.24 pp) and 4.59% in FY2022 (+11.30 pp).
- The fiscal Q4 2026 figure marks the lowest quarterly Operating Margin in data going back to fiscal Q4 2009.
- Compared with a year earlier, Operating Margin has declined for three straight quarters, with an average year-over-year change of -9.76 percentage points over the last seven quarters.
- The best year-over-year quarter for Operating Margin over five years was fiscal Q4 2025 (a gain of 67.77 percentage points); the worst was fiscal Q4 2023 (a drop of 84.68 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 20.91% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 29.51% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 16.32% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 23.86% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.48% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 26.92% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 15.14% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 26.67% |
| 10 | Highway Holdings | 4.16 Mn | -14.26 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -122.56% |
| Dec 31, 2025 | -42.37% |
| Sep 30, 2025 | -25.60% |
| Mar 31, 2025 | -43.85% |
| Dec 31, 2024 | 0.21% |
| Sep 30, 2024 | 5.20% |
| Jun 30, 2024 | 0.16% |
| Mar 31, 2024 | -111.62% |
| Dec 31, 2023 | 10.89% |
| Sep 30, 2023 | 8.40% |
| Jun 30, 2023 | -29.70% |
| Mar 31, 2023 | -72.27% |
| Dec 31, 2022 | 0.20% |
| Sep 30, 2022 | 12.59% |
| Jun 30, 2022 | 12.41% |
| Mar 31, 2022 | 12.41% |
| Dec 31, 2021 | 6.24% |
| Sep 30, 2021 | 6.96% |
| Jun 30, 2021 | 10.44% |
| Mar 31, 2021 | -35.66% |
API Access
Highway Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=HIHO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "HIHO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=HIHO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();