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 23.18% is 14% above its 5-year average of 20.34%, near the high end of its 5-year range (-12.08%–29.29%).
8.00% above its 12-month average of 21.46%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 17.40%.
OPERATING MARGIN
23.18%
OPERATING MARGIN AVG TTM
21.46%
OPERATING MARGIN AVG 3Y
22.73%
OPERATING MARGIN AVG 5Y
20.34%
OPERATING MARGIN AVG 10Y
18.58%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+8.00%
CURRENT VS 3Y AVG
+1.99%
CURRENT VS 5Y AVG
+13.95%
CURRENT VS 10Y AVG
+24.77%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
23.64%
median of 103 covered companies
CURRENT VS SECTOR MEDIAN
-1.95%
vs the sector median at left
Ares Management Corporation
Market Cap
$43.19B
Operating Margin
23.18%
TTM Avg
21.46%
3Y Avg
22.73%
5Y Avg
20.34%
Market Cap
$44.09B
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$41.47B
Operating Margin
7.68%
TTM Avg
6.09%
3Y Avg
3.63%
5Y Avg
4.86%
Market Cap
$40.45B
Operating Margin
13.96%
TTM Avg
14.34%
3Y Avg
12.87%
5Y Avg
10.09%
Market Cap
$46.22B
Operating Margin
18.78%
TTM Avg
17.52%
3Y Avg
16.46%
5Y Avg
16.33%
Market Cap
$37.72B
Operating Margin
15.21%
TTM Avg
15.71%
3Y Avg
13.62%
5Y Avg
13.05%
Market Cap
$49.29B
Operating Margin
20.11%
TTM Avg
23.65%
3Y Avg
26.39%
5Y Avg
28.69%
Market Cap
$50.21B
Operating Margin
27.14%
TTM Avg
25.58%
3Y Avg
25.51%
5Y Avg
24.31%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ares Management Corporation (ARES) | $43.19B | 23.18% | 21.46% | 22.73% | 20.34% |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $44.09B | N/A | N/A | N/A | N/A |
| Prudential Financial, Inc. (PRU)vs › | $41.47B | 7.68% | 6.09% | 3.63% | 4.86% |
| American International Group, Inc. (AIG)vs › | $40.45B | 13.96% | 14.34% | 12.87% | 10.09% |
| MSCI Inc. (MSCI)vs › | $40.25B | 55.66% | 54.09% | 54.16% | 53.56% |
| PayPal Holdings, Inc. (PYPL)vs › | $46.22B | 18.78% | 17.52% | 16.46% | 16.33% |
| The Hartford Insurance Group, Inc. (HIG)vs › | $37.72B | 15.21% | 15.71% | 13.62% | 13.05% |
| Fifth Third Bancorp (FITB)vs › | $49.29B | 20.11% | 23.65% | 26.39% | 28.69% |
| Ameriprise Financial, Inc. (AMP)vs › | $50.21B | 27.14% | 25.58% | 25.51% | 24.31% |
| Coinbase Global, Inc. (COIN)vs › | $50.51B | 19.99% | 27.57% | -8.73% | 6.06% |
Gross Margin
74.8%
Operating Margin
23.2%
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 | 17.40% |
| 2026-03-31 | 23.80% |
| 2025-12-31 | 29.29% |
| 2025-09-30 | 21.08% |
| 2025-06-30 | 15.74% |
| 2025-03-31 | 6.84% |
| 2024-12-31 | 22.10% |
| 2024-09-30 | 24.33% |
| 2024-06-30 | 28.42% |
| 2024-03-31 | 23.87% |
| 2023-12-31 | 26.89% |
| 2023-09-30 | 16.43% |
| 2023-06-30 | 23.37% |
| 2023-03-31 | 22.71% |
| 2022-12-31 | 26.80% |
| 2022-09-30 | -12.08% |
| 2022-06-30 | 8.07% |
| 2022-03-31 | 14.45% |
| 2021-12-31 | 20.09% |
| 2021-09-30 | 14.28% |
| 2021-06-30 | 20.86% |
| 2021-03-31 | 20.24% |
| 2020-12-31 | 25.17% |
| 2020-09-30 | 19.86% |
| 2020-06-30 | 19.77% |
| 2020-03-31 | -511.22% |
| 2019-12-31 | 17.08% |
| 2019-09-30 | 15.17% |
| 2019-06-30 | 12.76% |
| 2019-03-31 | 22.65% |
| 2018-12-31 | 12.75% |
| 2018-09-30 | 5.64% |
| 2018-06-30 | -8.26% |
| 2018-03-31 | 22.48% |
| 2017-12-31 | 12.08% |
| 2017-09-30 | 10.24% |
| 2017-06-30 | 14.98% |
| 2017-03-31 | -102.28% |
| 2016-12-31 | 16.37% |
| 2016-09-30 | 15.53% |
| 2016-06-30 | 17.75% |
| 2016-03-31 | 4.76% |
| 2015-12-31 | -16.36% |
| 2015-09-30 | 5.19% |
| 2015-06-30 | -17.00% |
| 2015-03-31 | -21.17% |
| 2014-12-31 | -30.58% |
| 2014-09-30 | -16.09% |
| 2014-06-30 | -96.86% |
| 2014-03-31 | -37.79% |
| 2013-12-31 | -65.82% |
| 2013-09-30 | -74.45% |
| 2013-06-30 | -22.95% |
| 2013-03-31 | -98.13% |
| 2012-12-31 | -79.70% |
