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 24.04% is 10% above its 5-year average of 21.80%, around the middle of its 5-year range (19.55%–27.49%).
As of the fiscal period ended Tuesday, March 31, 2026. 5.02% below its 12-month average of 25.31%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
24.04%
OPERATING MARGIN AVG TTM
25.31%
OPERATING MARGIN AVG 3Y
22.71%
OPERATING MARGIN AVG 5Y
20.97%
OPERATING MARGIN AVG 10Y
20.55%
OPERATING MARGIN AVG 15Y
20.13%
OPERATING MARGIN AVG 20Y
19.94%
CURRENT VS TTM AVG
-5.02%
CURRENT VS 3Y AVG
+5.85%
CURRENT VS 5Y AVG
+14.64%
CURRENT VS 10Y AVG
+16.96%
CURRENT VS 15Y AVG
+19.39%
CURRENT VS 20Y AVG
+20.53%
SECTOR MEDIAN · TECHNOLOGY
13.32%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+80.47%
vs the sector median at left
Amphenol Corporation
Market Cap
$187.82B
Operating Margin
24.04%
TTM Avg
25.31%
3Y Avg
22.71%
5Y Avg
20.97%
Market Cap
$186.63B
Operating Margin
-3.91%
TTM Avg
-4.57%
3Y Avg
-4.43%
5Y Avg
-6.35%
Market Cap
$190.97B
Operating Margin
28.33%
TTM Avg
13.84%
3Y Avg
9.96%
5Y Avg
11.03%
Market Cap
$181.13B
Operating Margin
32.50%
TTM Avg
24.09%
3Y Avg
26.41%
5Y Avg
25.93%
Market Cap
$179.17B
Operating Margin
30.78%
TTM Avg
9.07%
3Y Avg
5.53%
5Y Avg
5.22%
Market Cap
$175.99B
Operating Margin
25.52%
TTM Avg
26.88%
3Y Avg
27.84%
5Y Avg
27.85%
Market Cap
$201.80B
Operating Margin
17.86%
TTM Avg
17.27%
3Y Avg
15.98%
5Y Avg
14.06%
Market Cap
$170.10B
Operating Margin
16.20%
TTM Avg
1.92%
3Y Avg
-0.61%
5Y Avg
-3.16%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Amphenol Corporation (APH) | $187.82B | 24.04% | 25.31% | 22.71% | 20.97% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $186.63B | -3.91% | -4.57% | -4.43% | -6.35% |
| SAP SE (SAP)vs › | $186.44B | 26.87% | 19.89% | 19.60% | 21.00% |
| Seagate Technology Holdings plc (STX)vs › | $190.97B | 28.33% | 13.84% | 9.96% | 11.03% |
| Analog Devices, Inc. (ADI)vs › | $181.13B | 32.50% | 24.09% | 26.41% | 25.93% |
| Western Digital Corporation (WDC)vs › | $179.17B | 30.78% | 9.07% | 5.53% | 5.22% |
| QUALCOMM Incorporated (QCOM)vs › | $175.99B | 25.52% | 26.88% | 27.84% | 27.85% |
| International Business Machines Corporation (IBM)vs › | $201.80B | 17.86% | 17.27% | 15.98% | 14.06% |
| Marvell Technology, Inc. (MRVL)vs › | $170.10B | 16.20% | 1.92% | -0.61% | -3.16% |
| Sandisk Corporation (SNDK)vs › | $212.74B | -18.72% | -12.87% | -11.72% | -9.38% |
Gross Margin
37.4%
Operating Margin
24.0%
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 |
|---|---|
| 2026-03-31 | 24.04% |
| 2025-12-31 | 27.49% |
| 2025-09-30 | 27.48% |
| 2025-06-30 | 25.32% |
| 2025-03-31 | 22.22% |
| 2024-12-31 | 22.37% |
| 2024-09-30 | 21.41% |
| 2024-06-30 | 21.30% |
| 2024-03-31 | 21.03% |
| 2023-12-31 | 21.23% |
| 2023-09-30 | 20.85% |
| 2023-06-30 | 20.43% |
| 2023-03-31 | 20.08% |
| 2022-12-31 | 20.86% |
| 2022-09-30 | 21.03% |
| 2022-06-30 | 20.68% |
| 2022-03-31 | 19.98% |
| 2021-12-31 | 20.08% |
| 2021-09-30 | 20.27% |
| 2021-06-30 | 20.03% |
| 2021-03-31 | 19.55% |
| 2020-12-31 | 20.61% |
| 2020-09-30 | 20.48% |
| 2020-06-30 | 17.98% |
| 2020-03-31 | 17.02% |
| 2019-12-31 | 19.98% |
| 2019-09-30 | 19.69% |
| 2019-06-30 | 20.26% |
| 2019-03-31 | 20.05% |
| 2018-12-31 | 20.95% |
| 2018-09-30 | 20.83% |
| 2018-06-30 | 20.51% |
| 2018-03-31 | 20.24% |
| 2017-12-31 | 20.55% |
| 2017-09-30 | 20.50% |
| 2017-06-30 | 20.44% |
| 2017-03-31 | 20.13% |
| 2016-12-31 | 20.58% |
| 2016-09-30 | 20.25% |
| 2016-06-30 | 19.40% |
| 2016-03-31 | 16.50% |
| 2015-12-31 | 20.20% |
| 2015-09-30 | 20.20% |
| 2015-06-30 | 19.29% |
| 2015-03-31 | 19.61% |
| 2014-12-31 | 19.55% |
| 2014-09-30 | 19.71% |
| 2014-06-30 | 19.47% |
| 2014-03-31 | 18.63% |
| 2013-12-31 | 19.37% |
| 2013-09-30 | 19.47% |
| 2013-06-30 | 19.72% |
| 2013-03-31 | 19.17% |
| 2012-12-31 | 19.30% |
| 2012-09-30 | 19.55% |
| 2012-06-30 | 19.43% |
| 2012-03-31 | 18.88% |
| 2011-12-31 | 17.36% |
| 2011-09-30 | 18.02% |
| 2011-06-30 | 21.11% |
| 2011-03-31 | 19.78% |
| 2010-12-31 | 20.06% |
| 2010-09-30 | 19.94% |
| 2010-06-30 | 19.85% |
| 2010-03-31 | 18.81% |
| 2009-12-31 | 18.26% |
| 2009-09-30 | 17.35% |
| 2009-06-30 | 16.85% |
| 2009-03-31 | 16.77% |
| 2008-12-31 | 18.85% |
| 2008-09-30 | 19.84% |
| 2008-06-30 | 19.87% |
| 2008-03-31 | 19.50% |
| 2007-12-31 | 19.75% |
| 2007-09-30 | 19.53% |
| 2007-06-30 | 19.37% |
| 2007-03-31 | 18.83% |
| 2006-12-31 | 18.90% |
| 2006-09-30 | 17.06% |
| 2006-06-30 | 15.33% |
| 2006-03-31 | 17.29% |
| 2005-12-31 | 18.47% |
| 2005-09-30 | 19.26% |
| 2005-06-30 | 19.40% |
| 2005-03-31 | 18.89% |
| 2004-12-31 | 18.81% |
| 2004-09-30 | 18.30% |
| 2004-06-30 | 17.84% |
| 2004-03-31 | 17.25% |
| 2003-12-31 | 16.85% |
| 2003-09-30 | 16.64% |
| 2003-06-30 | 16.16% |
| 2003-03-31 | 16.26% |
| 2002-12-31 | 16.64% |
| 2002-09-30 | 16.49% |
| 2002-06-30 | 16.63% |