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 27.21% is in line with its 5-year average of 26.79%, near the high end of its 5-year range (-29.64%–38.05%).
6.74% above its 12-month average of 25.49%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 19.38%.
OPERATING MARGIN
27.21%
OPERATING MARGIN AVG TTM
25.49%
OPERATING MARGIN AVG 3Y
25.22%
OPERATING MARGIN AVG 5Y
26.79%
OPERATING MARGIN AVG 10Y
23.57%
OPERATING MARGIN AVG 15Y
20.30%
OPERATING MARGIN AVG 20Y
18.36%
CURRENT VS TTM AVG
+6.74%
CURRENT VS 3Y AVG
+7.90%
CURRENT VS 5Y AVG
+1.58%
CURRENT VS 10Y AVG
+15.43%
CURRENT VS 15Y AVG
+34.03%
CURRENT VS 20Y AVG
+48.17%
SECTOR MEDIAN · FINANCIAL SERVICES
23.64%
median of 103 covered companies
CURRENT VS SECTOR MEDIAN
+15.10%
vs the sector median at left
Market Cap
$63.71B
Operating Margin
17.03%
TTM Avg
19.02%
3Y Avg
19.00%
5Y Avg
17.85%
Market Cap
$66.14B
Operating Margin
24.83%
TTM Avg
14.44%
3Y Avg
6.16%
5Y Avg
9.04%
Market Cap
$62.89B
Operating Margin
22.30%
TTM Avg
9.19%
3Y Avg
11.84%
5Y Avg
17.40%
Market Cap
$59.84B
Operating Margin
32.16%
TTM Avg
30.08%
3Y Avg
28.38%
5Y Avg
26.06%
Market Cap
$73.14B
Operating Margin
24.13%
TTM Avg
28.77%
3Y Avg
9.12%
5Y Avg
18.04%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aon plc (AON) | $64.64B | 27.21% | 25.49% | 25.22% | 26.79% |
| Arthur J. Gallagher & Co. (AJG)vs › | $63.71B | 17.03% | 19.02% | 19.00% | 17.85% |
| MetLife, Inc. (MET)vs › | $63.20B | 6.19% | 7.04% | 6.66% | 8.38% |
| The Allstate Corporation (ALL)vs › | $66.14B | 24.83% | 14.44% | 6.16% | 9.04% |
| Truist Financial Corporation (TFC)vs › | $62.89B | 22.30% | 9.19% | 11.84% | 17.40% |
| VanEck Semiconductor ETF (SMH)vs › | $68.33B | N/A | N/A | N/A | N/A |
| Nu Holdings Ltd. (NU)vs › | $68.72B | 22.62% | 24.77% | 15.69% | 2.99% |
| Aflac Incorporated (AFL)vs › | $59.84B | 32.16% | 30.08% | 28.38% | 26.06% |
| Apollo Global Management, Inc. (APO)vs › | $73.14B | 24.13% | 28.77% | 9.12% | 18.04% |
| Brookfield Asset Management Ltd. (BAM)vs › | $73.22B | 60.60% | 67.62% | 71.63% | 69.74% |
Gross Margin
47.7%
Operating Margin
27.2%
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 | 19.38% |
| 2026-03-31 | 35.90% |
| 2025-12-31 | 31.09% |
| 2025-09-30 | 20.42% |
| 2025-06-30 | 20.67% |
| 2025-03-31 | 30.89% |
| 2024-12-31 | 26.31% |
| 2024-09-30 | 16.74% |
| 2024-06-30 | 17.45% |
| 2024-03-31 | 36.00% |
| 2023-12-31 | 23.08% |
| 2023-09-30 | 23.40% |
| 2023-06-30 | 26.50% |
| 2023-03-31 | 38.05% |
| 2022-12-31 | 32.33% |
| 2022-09-30 | 21.88% |
| 2022-06-30 | 23.47% |
| 2022-03-31 | 37.25% |
| 2021-12-31 | 31.62% |
| 2021-09-30 | -29.64% |
| 2021-06-30 | 23.28% |
| 2021-03-31 | 35.32% |
| 2020-12-31 | 24.05% |
| 2020-09-30 | 18.49% |
| 2020-06-30 | 23.79% |
| 2020-03-31 | 32.09% |
| 2019-12-31 | 18.16% |
| 2019-09-30 | 15.13% |
| 2019-06-30 | 15.85% |
| 2019-03-31 | 27.74% |
| 2018-12-31 | 18.01% |
| 2018-09-30 | 11.15% |
| 2018-06-30 | -0.62% |
| 2018-03-31 | 25.86% |
| 2017-12-31 | 16.81% |
| 2017-09-30 | 10.94% |
| 2017-06-30 | -5.36% |
| 2017-03-31 | 14.07% |
| 2016-12-31 | 18.93% |
| 2016-09-30 | 16.72% |
| 2016-06-30 | 16.96% |
| 2016-03-31 | 18.45% |
| 2015-12-31 | 21.81% |
| 2015-09-30 | 15.06% |
| 2015-06-30 | 9.88% |
| 2015-03-31 | 15.49% |
| 2014-12-31 | 19.25% |
| 2014-09-30 | 14.48% |
| 2014-06-30 | 15.24% |
| 2014-03-31 | 15.91% |
| 2013-12-31 | 16.05% |
| 2013-09-30 | 13.03% |
| 2013-06-30 | 13.19% |
| 2013-03-31 | 14.07% |
| 2012-12-31 | 14.80% |
| 2012-09-30 | 12.39% |
| 2012-06-30 | 13.97% |
| 2012-03-31 | 14.15% |
| 2011-12-31 | 14.53% |
| 2011-09-30 | 12.05% |
| 2011-06-30 | 15.65% |
| 2011-03-31 | 14.43% |
| 2010-12-31 | 14.51% |
| 2010-09-30 | 14.60% |
| 2010-06-30 | 14.12% |
| 2010-03-31 | 14.34% |
| 2009-12-31 | 9.86% |
| 2009-09-30 | 10.81% |
| 2009-06-30 | 11.69% |
| 2009-03-31 | 19.83% |
| 2008-12-31 | 13.33% |
| 2008-09-30 | 13.38% |
| 2008-06-30 | 13.04% |
| 2008-03-31 | 15.07% |
| 2007-12-31 | 37.44% |
| 2007-09-30 | 14.64% |
| 2007-06-30 | 15.33% |
| 2007-03-31 | 15.29% |
| 2006-12-31 | 11.52% |
| 2006-09-30 | 7.98% |
| 2006-06-30 | 13.63% |
| 2006-03-31 | 12.29% |
| 2005-12-31 | 9.35% |
| 2005-09-30 | 8.57% |
| 2005-06-30 | 12.90% |
| 2005-03-31 | 13.96% |
| 2004-12-31 | 5.45% |
| 2004-09-30 | 8.82% |
| 2004-06-30 | 12.46% |
| 2004-03-31 | 13.03% |
| 2003-12-31 | 14.53% |
| 2003-09-30 | 11.23% |
| 2003-06-30 | 11.90% |
| 2003-03-31 | 12.49% |
| 2002-12-31 | 13.61% |
| 2002-09-30 | 11.11% |
