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 26.13% is in line with its 5-year average of 25.27%, near the high end of its 5-year range (22.84%–27.00%).
0.13% above its 12-month average of 26.10%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
26.13%
OPERATING MARGIN AVG TTM
26.10%
OPERATING MARGIN AVG 3Y
26.04%
OPERATING MARGIN AVG 5Y
25.27%
OPERATING MARGIN AVG 10Y
23.69%
OPERATING MARGIN AVG 15Y
23.34%
OPERATING MARGIN AVG 20Y
22.07%
CURRENT VS TTM AVG
+0.13%
CURRENT VS 3Y AVG
+0.36%
CURRENT VS 5Y AVG
+3.40%
CURRENT VS 10Y AVG
+10.28%
CURRENT VS 15Y AVG
+11.94%
CURRENT VS 20Y AVG
+18.38%
SECTOR MEDIAN · INDUSTRIALS
11.95%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+118.75%
vs the sector median at left
Market Cap
$56.73B
Operating Margin
20.29%
TTM Avg
20.10%
3Y Avg
20.46%
5Y Avg
20.38%
Market Cap
$52.28B
Operating Margin
8.08%
TTM Avg
9.46%
3Y Avg
8.92%
5Y Avg
-5.16%
Market Cap
$58.16B
Operating Margin
16.46%
TTM Avg
12.54%
3Y Avg
9.81%
5Y Avg
8.67%
Market Cap
$50.03B
Operating Margin
18.71%
TTM Avg
20.71%
3Y Avg
22.42%
5Y Avg
22.42%
Market Cap
$49.01B
Operating Margin
7.05%
TTM Avg
9.05%
3Y Avg
10.00%
5Y Avg
11.75%
Market Cap
$60.75B
Operating Margin
14.57%
TTM Avg
15.18%
3Y Avg
15.12%
5Y Avg
13.50%
Market Cap
$48.19B
Operating Margin
16.54%
TTM Avg
16.11%
3Y Avg
14.35%
5Y Avg
13.08%
Market Cap
$47.94B
Operating Margin
21.69%
TTM Avg
16.18%
3Y Avg
17.07%
5Y Avg
15.99%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AMETEK, Inc. (AME) | $54.64B | 26.13% | 26.10% | 26.04% | 25.27% |
| Fastenal Company (FAST)vs › | $56.73B | 20.29% | 20.10% | 20.46% | 20.38% |
| Delta Air Lines, Inc. (DAL)vs › | $52.28B | 8.08% | 9.46% | 8.92% | -5.16% |
| Comfort Systems USA, Inc. (FIX)vs › | $58.16B | 16.46% | 12.54% | 9.81% | 8.67% |
| Honeywell Aerospace Inc (HONA)vs › | $50.03B | 18.71% | 20.71% | 22.42% | 22.42% |
| Carrier Global Corporation (CARR)vs › | $49.01B | 7.05% | 9.05% | 10.00% | 11.75% |
| W.W. Grainger, Inc. (GWW)vs › | $60.75B | 14.57% | 15.18% | 15.12% | 13.50% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $48.19B | 16.54% | 16.11% | 14.35% | 13.08% |
| Rockwell Automation, Inc. (ROK)vs › | $47.94B | 21.69% | 16.18% | 17.07% | 15.99% |
| L3Harris Technologies, Inc. (LHX)vs › | $47.65B | 10.04% | 9.64% | 9.52% | 10.34% |
Gross Margin
36.6%
Operating Margin
26.1%
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 | 25.84% |
| 2026-03-31 | 26.70% |
| 2025-12-31 | 26.17% |
| 2025-09-30 | 25.80% |
| 2025-06-30 | 25.96% |
| 2025-03-31 | 26.26% |
| 2024-12-31 | 26.62% |
| 2024-09-30 | 26.10% |
| 2024-06-30 | 25.80% |
| 2024-03-31 | 24.03% |
| 2023-12-31 | 25.71% |
| 2023-09-30 | 27.00% |
| 2023-06-30 | 25.44% |
| 2023-03-31 | 25.39% |
| 2022-12-31 | 24.49% |
| 2022-09-30 | 24.78% |
| 2022-06-30 | 24.09% |
| 2022-03-31 | 24.22% |
| 2021-12-31 | 24.02% |
| 2021-09-30 | 23.43% |
| 2021-06-30 | 22.84% |
| 2021-03-31 | 24.13% |
| 2020-12-31 | 24.86% |
| 2020-09-30 | 24.02% |
| 2020-06-30 | 22.43% |
| 2020-03-31 | 19.30% |
| 2019-12-31 | 22.81% |
| 2019-09-30 | 23.58% |
| 2019-06-30 | 22.91% |
| 2019-03-31 | 22.00% |
| 2018-12-31 | 22.18% |
| 2018-09-30 | 22.24% |
| 2018-06-30 | 22.34% |
| 2018-03-31 | 22.02% |
| 2017-12-31 | 20.08% |
| 2017-09-30 | 21.21% |
| 2017-06-30 | 21.56% |
| 2017-03-31 | 21.58% |
| 2016-12-31 | 17.80% |
| 2016-09-30 | 21.28% |
| 2016-06-30 | 22.40% |
| 2016-03-31 | 22.08% |
| 2015-12-31 | 21.14% |
| 2015-09-30 | 23.80% |
| 2015-06-30 | 23.94% |
| 2015-03-31 | 22.45% |
| 2014-12-31 | 22.17% |
| 2014-09-30 | 21.14% |
| 2014-06-30 | 23.39% |
| 2014-03-31 | 22.72% |
| 2013-12-31 | 22.34% |
| 2013-09-30 | 23.00% |
| 2013-06-30 | 23.06% |
| 2013-03-31 | 22.34% |
| 2012-12-31 | 22.57% |
| 2012-09-30 | 22.42% |
| 2012-06-30 | 22.40% |
| 2012-03-31 | 22.10% |
| 2011-12-31 | 21.94% |
| 2011-09-30 | 21.26% |
| 2011-06-30 | 20.68% |
| 2011-03-31 | 21.18% |
| 2010-12-31 | 19.99% |
| 2010-09-30 | 19.96% |
| 2010-06-30 | 19.53% |
| 2010-03-31 | 18.40% |
| 2009-12-31 | 17.04% |
| 2009-09-30 | 15.59% |
| 2009-06-30 | 17.75% |
| 2009-03-31 | 19.21% |
| 2008-12-31 | 13.19% |
| 2008-09-30 | 18.55% |
| 2008-06-30 | 17.59% |
| 2008-03-31 | 19.02% |
| 2007-12-31 | 17.84% |
| 2007-09-30 | 18.15% |
| 2007-06-30 | 18.60% |
| 2007-03-31 | 17.80% |
| 2006-12-31 | 16.49% |
| 2006-09-30 | 17.20% |
| 2006-06-30 | 17.55% |
| 2006-03-31 | 16.70% |
| 2005-12-31 | 16.07% |
| 2005-09-30 | 16.61% |
| 2005-06-30 | 16.85% |
| 2005-03-31 | 16.03% |
| 2004-12-31 | 16.95% |
| 2004-09-30 | 16.24% |
| 2004-06-30 | 15.62% |
| 2004-03-31 | 14.93% |
| 2003-12-31 | 14.98% |
| 2003-10-30 | 14.74% |
| 2003-06-30 | 13.99% |
| 2003-03-31 | 13.71% |
| 2002-12-31 | 14.45% |
| 2002-09-30 | 14.81% |