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 2.61% is 46% below its 5-year average of 4.87%, near the high end of its 5-year range (-42.73%–13.89%).
31.70% above its 12-month average of 1.98%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
2.61%
OPERATING MARGIN AVG TTM
1.98%
OPERATING MARGIN AVG 3Y
4.25%
OPERATING MARGIN AVG 5Y
4.87%
OPERATING MARGIN AVG 10Y
4.17%
OPERATING MARGIN AVG 15Y
8.37%
OPERATING MARGIN AVG 20Y
7.52%
CURRENT VS TTM AVG
+31.70%
CURRENT VS 3Y AVG
-38.55%
CURRENT VS 5Y AVG
-46.45%
CURRENT VS 10Y AVG
-37.48%
CURRENT VS 15Y AVG
-68.81%
CURRENT VS 20Y AVG
-65.30%
SECTOR MEDIAN · INDUSTRIALS
11.95%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-78.15%
vs the sector median at left
Axon Enterprise, Inc.
Market Cap
$40.82B
Operating Margin
2.61%
TTM Avg
1.98%
3Y Avg
4.25%
5Y Avg
4.87%
Market Cap
$41.13B
Operating Margin
17.09%
TTM Avg
15.05%
3Y Avg
15.68%
5Y Avg
14.53%
Market Cap
$41.59B
Operating Margin
38.55%
TTM Avg
39.08%
3Y Avg
39.99%
5Y Avg
39.31%
Market Cap
$38.97B
Operating Margin
25.84%
TTM Avg
25.66%
3Y Avg
27.17%
5Y Avg
26.29%
Market Cap
$38.31B
Operating Margin
-38.03%
TTM Avg
-40.77%
3Y Avg
-54.59%
5Y Avg
-89.77%
Market Cap
$43.35B
Operating Margin
27.64%
TTM Avg
27.84%
3Y Avg
29.41%
5Y Avg
28.25%
Market Cap
$44.34B
Operating Margin
24.04%
TTM Avg
22.17%
3Y Avg
22.07%
5Y Avg
21.76%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Axon Enterprise, Inc. (AXON) | $40.82B | 2.61% | 1.98% | 4.25% | 4.87% |
| Waste Connections, Inc. (WCN)vs › | $41.13B | 17.09% | 15.05% | 15.68% | 14.53% |
| Paychex, Inc. (PAYX)vs › | $41.59B | 38.55% | 39.08% | 39.99% | 39.31% |
| Ferrovial SE (FER)vs › | $42.11B | 10.04% | 9.74% | 7.94% | 6.55% |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $38.97B | 25.84% | 25.66% | 27.17% | 26.29% |
| Rocket Lab USA, Inc. (RKLB)vs › | $38.31B | -38.03% | -40.77% | -54.59% | -89.77% |
| Thomson Reuters Corporation (TRI)vs › | $43.35B | 27.64% | 27.84% | 29.41% | 28.25% |
| Ferguson plc (FERG)vs › | $44.29B | 9.01% | 9.34% | 9.14% | 9.16% |
| HEICO Corporation (HEI)vs › | $44.34B | 24.04% | 22.17% | 22.07% | 21.76% |
| HEICO Corporation (HEI-A)vs › | $45.44B | 24.04% | 22.17% | 22.07% | 21.76% |
Gross Margin
59.4%
Operating Margin
2.6%
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 | 5.17% |
| 2026-03-31 | 3.62% |
| 2025-12-31 | 1.26% |
| 2025-09-30 | -0.30% |
| 2025-06-30 | 0.16% |
| 2025-03-31 | -1.31% |
| 2024-12-31 | -2.72% |
| 2024-09-30 | 4.48% |
| 2024-06-30 | 6.71% |
| 2024-03-31 | 3.58% |
| 2023-12-31 | 9.93% |
| 2023-09-30 | 13.89% |
| 2023-06-30 | 10.75% |
| 2023-03-31 | 4.84% |
| 2022-12-31 | 6.71% |
| 2022-09-30 | 10.30% |
| 2022-06-30 | 7.50% |
| 2022-03-31 | 6.71% |
| 2021-12-31 | -12.39% |
| 2021-09-30 | 1.33% |
| 2021-06-30 | -42.73% |
| 2021-03-31 | -25.36% |
| 2020-12-31 | 2.55% |
| 2020-09-30 | -3.03% |
| 2020-06-30 | -9.19% |
| 2020-03-31 | 0.61% |
| 2019-12-31 | -8.37% |
| 2019-09-30 | 5.59% |
| 2019-06-30 | -1.15% |
| 2019-03-31 | 2.31% |
| 2018-12-31 | 1.74% |
| 2018-09-30 | 3.78% |
| 2018-06-30 | 5.34% |
| 2018-03-31 | 13.42% |
| 2017-12-31 | 8.08% |
| 2017-09-30 | -0.89% |
| 2017-06-30 | 1.03% |
| 2017-03-31 | 6.75% |
| 2016-12-31 | 11.47% |
| 2016-09-30 | 15.42% |
| 2016-06-30 | 10.57% |
| 2016-03-31 | 9.26% |
| 2015-12-31 | 15.19% |
| 2015-09-30 | 13.31% |
| 2015-06-30 | 20.07% |
| 2015-03-31 | 24.00% |
| 2014-12-31 | 19.06% |
| 2014-09-30 | 28.21% |
| 2014-06-30 | 16.71% |
| 2014-03-31 | 13.42% |
| 2013-12-31 | 28.86% |
| 2013-09-30 | 19.55% |
| 2013-06-30 | 21.17% |
| 2013-03-31 | 17.27% |
| 2012-12-31 | 14.75% |
| 2012-09-30 | 18.34% |
| 2012-06-30 | 21.47% |
| 2012-03-31 | 25.17% |
| 2011-12-31 | -33.86% |
| 2011-09-30 | 4.97% |
| 2011-06-30 | -23.67% |
| 2011-03-31 | 0.48% |
| 2010-12-31 | -0.13% |
| 2010-09-30 | -3.44% |
| 2010-06-30 | -17.97% |
| 2010-03-31 | -3.98% |
| 2009-12-31 | 20.94% |
| 2009-09-30 | -20.64% |
| 2009-06-30 | -6.75% |
| 2009-03-31 | -4.14% |
| 2008-12-31 | 24.82% |
| 2008-09-30 | 6.60% |
| 2008-06-30 | -20.50% |
| 2008-03-31 | 6.63% |
| 2007-12-31 | 23.30% |
| 2007-09-30 | 24.12% |
| 2007-06-30 | 22.90% |
| 2007-03-31 | 2.20% |
| 2006-12-31 | 19.70% |
| 2006-09-30 | 20.39% |
| 2006-06-30 | -95.07% |
| 2006-03-31 | 7.46% |
| 2005-12-31 | 3.24% |
| 2005-09-30 | 4.96% |
| 2005-06-30 | 4.40% |
| 2005-03-31 | 0.75% |
| 2004-12-31 | 40.58% |
| 2004-09-30 | 52.84% |
| 2004-06-30 | 44.66% |
| 2004-03-31 | 43.91% |
| 2003-12-31 | 44.86% |
| 2003-09-30 | 28.96% |
| 2003-06-30 | 13.79% |
| 2003-03-31 | 11.87% |
| 2002-12-31 | 4.65% |
| 2002-09-30 | -6.23% |
