Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 1.70% is 86% below its 5-year average of 11.73%, near the low end of its 5-year range (0.95%–18.92%).
As of the fiscal period ended Tuesday, June 30, 2026. 83.30% below its 12-month average of 10.18%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
1.70%
OPERATING MARGIN AVG TTM
10.18%
OPERATING MARGIN AVG 3Y
13.14%
OPERATING MARGIN AVG 5Y
11.73%
OPERATING MARGIN AVG 10Y
N/A
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-83.30%
CURRENT VS 3Y AVG
-87.06%
CURRENT VS 5Y AVG
-85.50%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
15.27%
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
-88.86%
vs the sector median at left
Market Cap
$32.36B
Operating Margin
12.70%
TTM Avg
13.37%
3Y Avg
13.23%
5Y Avg
14.11%
Market Cap
$31.42B
Operating Margin
20.81%
TTM Avg
2.82%
3Y Avg
-21.37%
5Y Avg
-56.25%
Market Cap
$30.89B
Operating Margin
28.22%
TTM Avg
28.07%
3Y Avg
28.30%
5Y Avg
28.33%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alcon Inc. (ALC) | $34.82B | 1.70% | 10.18% | 13.14% | 11.73% |
| ResMed Inc. (RMD)vs › | $34.57B | 33.48% | 33.11% | 30.30% | 29.57% |
| DexCom, Inc. (DXCM)vs › | $34.08B | 22.92% | 17.22% | 16.09% | 15.13% |
| GE HealthCare Technologies Inc. (GEHC)vs › | $32.36B | 12.70% | 13.37% | 13.23% | 14.11% |
| Zoetis Inc. (ZTS)vs › | $32.10B | 37.00% | 37.33% | 36.70% | 36.14% |
| Biogen Inc. (BIIB)vs › | $32.10B | 12.79% | 22.44% | 23.65% | 25.70% |
| Centene Corp. (CNC)vs › | $31.78B | -2.82% | -0.98% | 0.21% | 0.84% |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $31.42B | 20.81% | 2.82% | -21.37% | -56.25% |
| Waters Corporation (WAT)vs › | $30.89B | 28.22% | 28.07% | 28.30% | 28.33% |
| Medline Inc. (MDLN)vs › | $29.75B | 6.07% | 8.25% | 6.70% | 6.70% |
Gross Margin
56.4%
Operating Margin
1.7%
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 | 1.70% |
| 2026-03-31 | 15.48% |
| 2025-12-31 | 11.52% |
| 2025-09-30 | 12.70% |
| 2025-06-30 | 9.51% |
| 2025-03-31 | 18.92% |
| 2024-12-31 | 15.79% |
| 2024-09-30 | 13.53% |
| 2024-06-30 | 12.74% |
| 2024-03-31 | 14.97% |
| 2023-12-31 | 8.84% |
| 2023-09-30 | 12.58% |
| 2023-06-30 | 11.15% |
| 2023-03-31 | 11.39% |
| 2022-12-31 | 0.97% |
| 2022-09-30 | 9.58% |
| 2022-06-30 | 9.02% |
| 2022-03-31 | 11.24% |
| 2021-12-31 | 8.47% |
| 2021-09-30 | 0.95% |
| 2021-06-30 | 10.85% |
| 2021-03-31 | 7.72% |
| 2020-12-31 | 7.27% |
| 2020-09-30 | -7.02% |
| 2020-06-30 | -38.39% |
| 2020-03-31 | -1.52% |
| 2019-12-31 | -3.55% |
| 2019-09-30 | -0.96% |
| 2019-06-30 | -2.79% |
| 2019-03-31 | -2.63% |
| 2018-12-31 | -4.15% |
| 2018-09-30 | -16.12% |
| 2018-06-30 | 2.09% |
| 2018-03-31 | 4.06% |
| 2017-12-31 | -3.24% |
