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 24.13% is 17% below its 5-year average of 28.97%, near the high end of its 5-year range (-207.89%–48.52%).
6.00% above its 12-month average of 22.76%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 23.24%.
OPERATING MARGIN
24.13%
OPERATING MARGIN AVG TTM
22.76%
OPERATING MARGIN AVG 3Y
26.02%
OPERATING MARGIN AVG 5Y
28.97%
OPERATING MARGIN AVG 10Y
40.16%
OPERATING MARGIN AVG 15Y
37.86%
OPERATING MARGIN AVG 20Y
30.47%
CURRENT VS TTM AVG
+6.00%
CURRENT VS 3Y AVG
-7.28%
CURRENT VS 5Y AVG
-16.70%
CURRENT VS 10Y AVG
-39.92%
CURRENT VS 15Y AVG
-36.27%
CURRENT VS 20Y AVG
-20.80%
SECTOR MEDIAN · FINANCIAL SERVICES
23.64%
median of 103 covered companies
CURRENT VS SECTOR MEDIAN
+2.07%
vs the sector median at left
Apollo Global Management, Inc.
Market Cap
$74.29B
Operating Margin
24.13%
TTM Avg
22.76%
3Y Avg
26.02%
5Y Avg
28.97%
Market Cap
$75.46B
Operating Margin
60.60%
TTM Avg
67.62%
3Y Avg
71.63%
5Y Avg
69.74%
Market Cap
$78.26B
Operating Margin
21.33%
TTM Avg
14.64%
3Y Avg
11.63%
5Y Avg
11.57%
Market Cap
$82.29B
Operating Margin
45.10%
TTM Avg
43.34%
3Y Avg
40.19%
5Y Avg
42.01%
Market Cap
$65.31B
Operating Margin
24.83%
TTM Avg
14.44%
3Y Avg
6.16%
5Y Avg
9.04%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Apollo Global Management, Inc. (APO) | $74.29B | 24.13% | 22.76% | 26.02% | 28.97% |
| Brookfield Asset Management Ltd. (BAM)vs › | $75.46B | 60.60% | 67.62% | 71.63% | 69.74% |
| VanEck Semiconductor ETF (SMH)vs › | $71.66B | N/A | N/A | N/A | N/A |
| Nu Holdings Ltd. (NU)vs › | $70.81B | 22.62% | 24.77% | 15.69% | 2.99% |
| The Travelers Companies, Inc. (TRV)vs › | $78.26B | 21.33% | 14.64% | 11.63% | 11.57% |
| iShares Russell 2000 ETF (IWM)vs › | $79.46B | N/A | N/A | N/A | N/A |
| Moody's Corporation (MCO)vs › | $82.29B | 45.10% | 43.34% | 40.19% | 42.01% |
| The Allstate Corporation (ALL)vs › | $65.31B | 24.83% | 14.44% | 6.16% | 9.04% |
| Aon plc (AON)vs › | $64.21B | 27.21% | 24.86% | 26.85% | 24.95% |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $84.42B | 21.62% | 23.42% | 22.68% | 21.71% |
Gross Margin
95.5%
Operating Margin
24.1%
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 | 23.24% |
| 2026-03-31 | 15.70% |
| 2025-12-31 | 21.34% |
| 2025-09-30 | 32.29% |
| 2025-06-30 | 21.25% |
| 2025-03-31 | 27.63% |
| 2024-12-31 | 36.38% |
| 2024-09-30 | 29.02% |
| 2024-06-30 | 28.48% |
| 2024-03-31 | 34.19% |
| 2023-12-31 | 19.05% |
| 2023-09-30 | 42.04% |
| 2023-06-30 | 7.70% |
| 2023-03-31 | 35.77% |
| 2022-12-31 | 26.70% |
| 2022-09-30 | -30.18% |
| 2022-06-30 | -132.46% |
| 2022-03-31 | -207.89% |
| 2021-12-31 | -38.82% |
| 2021-09-30 | 43.14% |
| 2021-06-30 | 48.52% |
| 2021-03-31 | 56.99% |
| 2020-12-31 | 50.84% |
| 2020-09-30 | 51.33% |
| 2020-06-30 | 55.57% |
| 2020-03-31 | 75.49% |
| 2019-12-31 | 37.65% |
| 2019-09-30 | 51.15% |
| 2019-06-30 | 49.98% |
| 2019-03-31 | 46.98% |
| 2018-12-31 | 150.48% |
| 2018-09-30 | 42.68% |
| 2018-06-30 | 45.36% |
| 2018-03-31 | -20.28% |
| 2017-12-31 | 56.61% |
| 2017-09-30 | 52.40% |
| 2017-06-30 | 45.28% |
| 2017-03-31 | 51.46% |
| 2016-12-31 | 46.76% |
| 2016-09-30 | 46.90% |
| 2016-06-30 | 49.80% |
| 2016-03-31 | -9.46% |
| 2015-12-31 | 8.44% |
| 2015-09-30 | 14.75% |
| 2015-06-30 | 33.08% |
| 2015-03-31 | 29.04% |
| 2014-12-31 | 31.40% |
| 2014-09-30 | 27.09% |
| 2014-06-30 | 39.46% |
| 2014-03-31 | 37.07% |
| 2013-12-31 | 54.41% |
| 2013-09-30 | 47.91% |
| 2013-06-30 | 37.24% |
| 2013-03-31 | 53.73% |
| 2012-12-31 | 41.37% |
| 2012-09-30 | 28.61% |
| 2012-06-30 | -40.94% |
| 2012-03-31 | 32.64% |
| 2011-12-31 | 5.71% |
| 2011-09-30 | 88.65% |
| 2011-06-30 | -52.06% |
| 2011-03-31 | 7.86% |
| 2010-12-31 | 36.74% |
| 2010-09-30 | -8.72% |
| 2010-06-30 | -344.76% |
| 2010-03-31 | -91.64% |
| 2009-12-31 | -12.93% |
| 2009-09-30 | -83.57% |
| 2009-06-30 | -166.89% |
| 2008-12-31 | -1463.84% |
| 2008-09-30 | 197.11% |
| 2008-03-31 | -2107.71% |
| 2007-03-31 | -10.55% |