Karooooo (KARO) Operating Margin (2020 - 2029)

Karooooo (KARO) reported Operating Margin of 31.59% for 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.

Karooooo (KARO) Operating Margin (2020 - 2029) Analysis & Trends

Karooooo has reported Operating Margin for 9 years, with the latest figure at 31.59% 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 122.0% YoY), and the FY2029 full-year result was 28.73%, up 394.0% from the prior year.
  • Operating Margin for Q1 2029 stood at 31.59%, up from 27.22% in the prior quarter.
  • The five-year high for Operating Margin was 31.59% in Q1 2029, with the low at 23.32% in Q1 2026.
  • Historically, Operating Margin has averaged 27.71% across 4 years, with a median of 27.22% in 2028.
  • Annual changes were most pronounced in 2025 — Operating Margin surged 437 bps — and 2026, when it tumbled 827 bps.
  • Karooooo's Operating Margin stood at 26.19% in 2025, then decreased by 11 bps to 23.32% in 2026, then advanced by 17 bps to 27.22% in 2028, then advanced by 16 bps to 31.59% in 2029.
  • The last three Operating Margin figures came in at 31.59% (Q1 2029), 27.22% (Q1 2028), and 23.32% (Q1 2026), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn 28.69%
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 21.08%
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 14.56%
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn 12.05%
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn 13.34%
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 29.26%
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 37.79%
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn -22.99%
10 Karooooo 20.04 Mn -50.39 Mn 52.58 Mn 31.59%

Historic Data

Download Data
DateValue
Feb 28, 2029 31.59%
Feb 29, 2028 27.22%
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 -9.79%
Nov 30, 2023 25.43%
Aug 31, 2023 23.76%
May 31, 2023 22.51%
Feb 28, 2023 -9.26%
Nov 30, 2022 22.49%
Aug 31, 2022 25.38%
May 6, 2022 26.85%
Feb 28, 2022 26.36%
Nov 30, 2021 28.45%