Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 18.58% is 25% below its 5-year average of 24.62%, around the middle of its 5-year range (-2.37%–30.06%).
3.09% below its 12-month average of 19.17%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
18.58%
OPERATING MARGIN AVG TTM
19.17%
OPERATING MARGIN AVG 3Y
25.45%
OPERATING MARGIN AVG 5Y
24.62%
OPERATING MARGIN AVG 10Y
22.47%
OPERATING MARGIN AVG 15Y
19.96%
OPERATING MARGIN AVG 20Y
19.83%
CURRENT VS TTM AVG
-3.09%
CURRENT VS 3Y AVG
-27.00%
CURRENT VS 5Y AVG
-24.54%
CURRENT VS 10Y AVG
-17.31%
CURRENT VS 15Y AVG
-6.90%
CURRENT VS 20Y AVG
-6.30%
SECTOR MEDIAN · TECHNOLOGY
14.00%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+32.71%
vs the sector median at left
Automatic Data Processing, Inc.
Market Cap
$107.29B
Operating Margin
18.58%
TTM Avg
19.17%
3Y Avg
25.45%
5Y Avg
24.62%
Market Cap
$104.88B
Operating Margin
77.44%
TTM Avg
67.51%
3Y Avg
43.81%
5Y Avg
29.39%
Market Cap
$101.74B
Operating Margin
-14.11%
TTM Avg
-9.41%
3Y Avg
-13.44%
5Y Avg
-16.33%
Market Cap
$115.63B
Operating Margin
32.43%
TTM Avg
30.45%
3Y Avg
26.56%
5Y Avg
24.37%
Market Cap
$117.44B
Operating Margin
-22.76%
TTM Avg
-35.39%
3Y Avg
-37.64%
5Y Avg
-50.18%
Market Cap
$87.47B
Operating Margin
9.76%
TTM Avg
7.31%
3Y Avg
8.46%
5Y Avg
8.72%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Automatic Data Processing, Inc. (ADP) | $107.29B | 18.58% | 19.17% | 25.45% | 24.62% |
| Accenture plc (ACN)vs › | $109.24B | 14.87% | 14.73% | 14.61% | 14.70% |
| AppLovin Corporation (APP)vs › | $104.88B | 77.44% | 67.51% | 43.81% | 29.39% |
| Adobe Inc. (ADBE)vs › | $102.03B | 36.07% | 33.99% | 34.22% | 34.73% |
| Cloudflare, Inc. (NET)vs › | $101.74B | -14.11% | -9.41% | -13.44% | -16.33% |
| Fortinet, Inc. (FTNT)vs › | $115.63B | 32.43% | 30.45% | 26.56% | 24.37% |
| Snowflake Inc. (SNOW)vs › | $117.44B | -22.76% | -35.39% | -37.64% | -50.18% |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.47B | 9.76% | 7.31% | 8.46% | 8.72% |
| Intuit Inc. (INTU)vs › | $86.62B | 27.43% | 26.79% | 24.43% | 23.98% |
| Cadence Design Systems, Inc. (CDNS)vs › | $78.76B | 30.83% | 30.13% | 30.25% | 28.52% |
Gross Margin
48.2%
Operating Margin
18.6%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 20.79% |
| 2026-03-31 | 30.06% |
| 2025-12-31 | 23.84% |
| 2025-09-30 | -2.37% |
| 2025-06-30 | 23.54% |
| 2025-03-31 | 29.41% |
| 2024-12-31 | 25.75% |
| 2024-09-30 | 26.32% |
| 2024-06-30 | 23.02% |
| 2024-03-31 | 29.40% |
| 2023-12-31 | 25.36% |
| 2023-09-30 | 24.75% |
| 2023-06-30 | 23.18% |
| 2023-03-31 | 27.72% |
| 2022-12-31 | 24.70% |
| 2022-09-30 | 24.24% |
| 2022-06-30 | 20.05% |
| 2022-03-31 | 26.22% |
| 2021-12-31 | 22.41% |
| 2021-09-30 | 23.24% |
| 2021-06-30 | 18.48% |
| 2021-03-31 | 25.86% |
| 2020-12-31 | 22.12% |
| 2020-09-30 | 21.77% |
| 2020-06-30 | 16.11% |
| 2020-03-31 | 25.99% |
| 2019-12-31 | 22.31% |
| 2019-09-30 | 20.72% |
| 2019-06-30 | 17.73% |
| 2019-03-31 | 25.74% |
| 2018-12-31 | 21.48% |
| 2018-09-30 | 20.20% |
| 2018-06-30 | 17.34% |
| 2018-03-31 | 23.77% |
| 2017-12-31 | 17.74% |
| 2017-09-30 | 17.99% |
| 2017-06-30 | 14.29% |
| 2017-03-31 | 24.49% |
| 2016-12-31 | 19.41% |
| 2016-09-30 | 19.39% |
| 2016-06-30 | 11.86% |
| 2016-03-31 | 22.21% |
| 2015-12-31 | 15.01% |
| 2015-09-30 | 14.26% |
| 2015-06-30 | 10.47% |
| 2015-03-31 | 21.64% |
| 2014-12-31 | 15.29% |
| 2014-09-30 | 13.84% |
| 2014-06-30 | 11.97% |
| 2014-03-31 | 20.57% |
| 2013-12-31 | 15.40% |
| 2013-09-30 | 14.09% |
| 2013-06-30 | 10.59% |
| 2013-03-31 | 20.05% |
| 2012-12-31 | 15.01% |
| 2012-09-30 | 13.15% |
| 2012-06-30 | 9.92% |
| 2012-03-31 | 19.46% |
| 2011-12-31 | 14.92% |
| 2011-09-30 | 12.72% |
| 2011-06-30 | 8.11% |
| 2011-03-31 | 23.36% |
| 2010-12-31 | 18.93% |
| 2010-09-30 | 18.03% |
| 2010-06-30 | 13.52% |
| 2010-03-31 | 24.87% |
| 2009-12-31 | 20.55% |
| 2009-09-30 | 19.82% |
| 2009-06-30 | 15.83% |
| 2009-03-31 | 26.77% |
| 2008-12-31 | 20.09% |
| 2008-09-30 | 19.17% |
| 2008-06-30 | 14.26% |
| 2008-03-31 | 25.44% |
| 2007-12-31 | 19.88% |
| 2007-09-30 | 18.39% |
| 2007-06-30 | 13.93% |
| 2007-03-31 | 25.56% |
| 2006-12-31 | 18.74% |
| 2006-09-30 | 16.14% |
| 2006-06-30 | 15.67% |
| 2006-03-31 | 22.77% |
| 2005-12-31 | 19.92% |
| 2005-09-30 | 17.10% |
| 2005-06-30 | 17.55% |
| 2005-03-31 | 22.81% |
| 2004-12-31 | 19.38% |
| 2004-09-30 | 17.17% |
| 2004-06-30 | 15.67% |
| 2004-03-31 | 22.04% |
| 2003-12-31 | 19.21% |
| 2003-09-30 | 17.01% |
| 2003-06-30 | 16.83% |
| 2003-03-31 | 26.52% |
| 2002-12-31 | 23.07% |
| 2002-09-30 | 18.38% |
