Karooooo (KARO) Operating Margin (2021 - 2029)
Karooooo's (KARO) quarterly Operating Margin came in at 31.59% in Q1 2029, up 437.0% on a YoY basis from 5.88% in Q1 2028, and up 16.05% quarter-over-quarter from 27.22% in Q1 2028.
Analysis
Karooooo (KARO) Operating Margin (2021 - 2029) Analysis & Trends
Karooooo (KARO) has reported Operating Margin for 8 consecutive years, with 31.59% the latest figure, recorded in Q1 2029.
- For the quarter ending Q1 2029, Operating Margin rose 437.0% year-over-year to 31.59%; the trailing twelve-month figure through Feb 2029 stood at 26.89% (up 125.0% YoY), and the FY2029 full-year result was 25.82%, up 103.0% from the prior year.
- Operating Margin rose to 31.59% in Q1 2029 per KARO's latest filing, from 27.22% in the prior quarter.
- Across five years, Operating Margin topped out at 31.59% in Q1 2025 and bottomed at 23.32% in Q1 2026.
- Historically, Operating Margin has averaged 27.52% across 4 years, with a median of 26.85% in 2025.
- The sharpest annual moves came in 2025 and 2026: Operating Margin soared 437 bps in 2025, then plunged 827 bps in 2026.
- Over 4 years, Operating Margin stood at 26.19% in 2025, then grew by 0 bps to 26.2% in 2026, then gained by 4 bps to 27.22% in 2028, then rose by 16 bps to 31.59% in 2029.
- According to Business Quant data, Operating Margin over the past three periods registered 31.59%, 27.22%, and 26.2% for Q1 2029, Q1 2028, and Q2 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 1.50% |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 22.24% |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 32.30% |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 4.25% |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | -16.03% |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | 31.59% |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 22.67% |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | -12.44% |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | 0.24% |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 31.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2029 | 31.59% |
| Feb 29, 2028 | 27.22% |
| May 31, 2026 | 26.20% |
| Feb 28, 2026 | 23.32% |
| Nov 30, 2025 | 26.19% |
| Aug 31, 2025 | 26.49% |
| May 31, 2025 | 27.55% |
| Feb 28, 2025 | 31.59% |
| Nov 30, 2024 | 28.05% |
| Aug 31, 2024 | 27.31% |
| May 31, 2024 | 27.71% |
| Feb 29, 2024 | 27.22% |
| Nov 30, 2023 | 25.43% |
| Aug 31, 2023 | 23.76% |
| May 31, 2023 | 22.51% |
| Feb 28, 2023 | 25.88% |
| Nov 30, 2022 | 22.49% |
| Aug 31, 2022 | 25.38% |
| May 6, 2022 | 26.85% |
| Feb 28, 2022 | 20.04% |