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 16.19% is 41% below its 5-year average of 27.48%, near the high end of its 5-year range (-67.69%–45.81%).
119.56% above its 12-month average of 7.37%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): -67.69%.
OPERATING MARGIN
16.19%
OPERATING MARGIN AVG TTM
7.37%
OPERATING MARGIN AVG 3Y
19.90%
OPERATING MARGIN AVG 5Y
27.48%
OPERATING MARGIN AVG 10Y
31.71%
OPERATING MARGIN AVG 15Y
33.49%
OPERATING MARGIN AVG 20Y
31.50%
CURRENT VS TTM AVG
+119.56%
CURRENT VS 3Y AVG
-18.66%
CURRENT VS 5Y AVG
-41.09%
CURRENT VS 10Y AVG
-48.95%
CURRENT VS 15Y AVG
-51.65%
CURRENT VS 20Y AVG
-48.60%
SECTOR MEDIAN · FINANCIAL SERVICES
18.07%
median of 363 covered companies
CURRENT VS SECTOR MEDIAN
-10.40%
vs the sector median at left
Arrow Financial Corporation
Market Cap
$617.85M
Operating Margin
16.19%
TTM Avg
7.37%
3Y Avg
19.90%
5Y Avg
27.48%
Market Cap
$618.83M
Operating Margin
315.85%
TTM Avg
194.26%
3Y Avg
136.11%
5Y Avg
119.24%
Market Cap
$624.44M
Operating Margin
11.35%
TTM Avg
9.60%
3Y Avg
13.49%
5Y Avg
18.93%
Market Cap
$633.40M
Operating Margin
108.91%
TTM Avg
111.19%
3Y Avg
116.54%
5Y Avg
65.65%
Market Cap
$635.10M
Operating Margin
-123.13%
TTM Avg
276.79%
3Y Avg
108.67%
5Y Avg
38.79%
Market Cap
$598.14M
Operating Margin
-35.00%
TTM Avg
-20.70%
3Y Avg
-9.86%
5Y Avg
-7.36%
Market Cap
$637.82M
Operating Margin
0.00%
TTM Avg
56.62%
3Y Avg
1053.89%
5Y Avg
243.66%
Market Cap
$596.62M
Operating Margin
N/A
TTM Avg
-317.88%
3Y Avg
-805.85%
5Y Avg
-866.17%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arrow Financial Corporation (AROW) | $617.85M | 16.19% | 7.37% | 19.90% | 27.48% |
| Gladstone Investment Corp. (GAIN)vs › | $618.83M | 315.85% | 194.26% | 136.11% | 119.24% |
| Coastal Financial Corporation (CCB)vs › | $624.44M | 11.35% | 9.60% | 13.49% | 18.93% |
| Hypoport SE (HYPOF)vs › | $630.67M | 4.49% | 3.18% | 3.44% | 5.62% |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $633.40M | 108.91% | 111.19% | 116.54% | 65.65% |
| American Bitcoin Corp (ABTC)vs › | $635.10M | -123.13% | 276.79% | 108.67% | 38.79% |
| Forward Industries, Inc. (FWDI)vs › | $598.14M | -35.00% | -20.70% | -9.86% | -7.36% |
| CoinShares PLC Ordinary Shares (CSHR)vs › | $637.82M | 0.00% | 56.62% | 1053.89% | 243.66% |
| Chaince Digital Holdings Inc. (CD)vs › | $596.62M | N/A | -317.88% | -805.85% | -866.17% |
| First Business Financial Services, Inc. (FBIZ)vs › | $590.70M | 22.51% | 20.57% | 24.16% | 24.99% |
Operating Margin
16.2%
Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
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 | -67.69% |
| 2026-03-31 | 27.79% |
| 2025-12-31 | 26.66% |
| 2025-09-30 | 26.64% |
| 2025-06-30 | 23.48% |
| 2025-03-31 | 13.97% |
| 2024-12-31 | 9.47% |
| 2024-09-30 | 20.04% |
| 2024-06-30 | 19.55% |
| 2024-03-31 | 17.76% |
| 2023-12-31 | 18.11% |
| 2023-09-30 | 19.08% |
| 2023-06-30 | 16.30% |
| 2023-03-31 | 25.52% |
| 2022-12-31 | 36.09% |
| 2022-09-30 | 37.03% |
| 2022-06-30 | 40.51% |
| 2022-03-31 | 43.85% |
| 2021-12-31 | 37.21% |
| 2021-09-30 | 44.83% |
| 2021-06-30 | 45.81% |
| 2021-03-31 | 46.09% |
| 2020-12-31 | 43.04% |
| 2020-09-30 | 38.45% |
| 2020-06-30 | 33.33% |
| 2020-03-31 | 28.32% |
| 2019-12-31 | 34.60% |
| 2019-09-30 | 35.59% |
| 2019-06-30 | 32.94% |
| 2019-03-31 | 32.88% |
| 2018-12-31 | 33.32% |
| 2018-09-30 | 36.85% |
| 2018-06-30 | 38.26% |
| 2018-03-31 | 36.13% |
| 2017-12-31 | 34.15% |
| 2017-09-30 | 36.34% |
| 2017-06-30 | 36.54% |
| 2017-03-31 | 34.93% |
| 2016-12-31 | 35.05% |
| 2016-09-30 | 35.72% |
| 2016-06-30 | 36.30% |
| 2016-03-31 | 37.12% |
| 2015-12-31 | 36.75% |
| 2015-09-30 | 33.35% |
| 2015-06-30 | 36.84% |
| 2015-03-31 | 35.77% |
| 2014-12-31 | 38.19% |
| 2014-09-30 | 36.26% |
| 2014-06-30 | 33.39% |
| 2014-03-31 | 32.97% |
| 2013-12-31 | 35.30% |
| 2013-09-30 | 34.77% |
| 2013-06-30 | 31.83% |
| 2013-03-31 | 32.02% |
| 2012-12-31 | 33.18% |
| 2012-09-30 | 34.53% |
| 2012-06-30 | 33.57% |
| 2012-03-31 | 30.78% |
| 2011-12-31 | 31.73% |
| 2011-09-30 | 28.85% |
| 2011-06-30 | 32.84% |
| 2011-03-31 | 29.93% |
| 2010-12-31 | 29.68% |
| 2010-09-30 | 30.39% |
| 2010-06-30 | 31.10% |
| 2010-03-31 | 30.44% |
| 2009-12-31 | 27.77% |
| 2009-09-30 | 28.67% |
| 2009-06-30 | 27.19% |
| 2009-03-31 | 34.48% |
| 2008-12-31 | 27.97% |
| 2008-09-30 | 26.80% |
| 2008-06-30 | 30.00% |
| 2008-03-31 | 26.61% |
| 2007-12-31 | 22.95% |
| 2007-09-30 | 24.53% |
| 2007-06-30 | 23.19% |
| 2007-03-31 | 23.20% |
| 2006-12-31 | 23.91% |
| 2006-09-30 | 25.29% |
| 2006-06-30 | 25.42% |
| 2006-03-31 | 25.07% |
| 2005-12-31 | 29.18% |
| 2005-09-30 | 31.28% |
| 2005-06-30 | 30.87% |
| 2005-03-31 | 31.65% |
| 2004-12-31 | 35.07% |
| 2004-09-30 | 35.82% |
| 2004-06-30 | 33.76% |
| 2004-03-31 | 34.67% |
| 2003-12-31 | 33.50% |
| 2003-09-30 | 32.15% |
| 2003-06-30 | 33.32% |
| 2003-03-31 | 33.51% |
| 2002-12-31 | 32.18% |
| 2002-09-30 | 32.49% |
