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 43.24% is 120% above its 5-year average of 19.68%, near the high end of its 5-year range (12.35%–43.24%).
As of the fiscal period ended Tuesday, June 30, 2026. 71.67% above its 12-month average of 25.19%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
43.24%
OPERATING MARGIN AVG TTM
25.19%
OPERATING MARGIN AVG 3Y
16.99%
OPERATING MARGIN AVG 5Y
17.29%
OPERATING MARGIN AVG 10Y
17.80%
OPERATING MARGIN AVG 15Y
19.88%
OPERATING MARGIN AVG 20Y
18.99%
CURRENT VS TTM AVG
+71.67%
CURRENT VS 3Y AVG
+154.49%
CURRENT VS 5Y AVG
+150.08%
CURRENT VS 10Y AVG
+142.96%
CURRENT VS 15Y AVG
+117.47%
CURRENT VS 20Y AVG
+127.65%
SECTOR MEDIAN · FINANCIAL SERVICES
22.96%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+88.33%
vs the sector median at left
American Express Company
Market Cap
$227.07B
Operating Margin
43.24%
TTM Avg
25.19%
3Y Avg
16.99%
5Y Avg
17.29%
Market Cap
$264.55B
Operating Margin
21.17%
TTM Avg
19.52%
3Y Avg
19.13%
5Y Avg
19.19%
Market Cap
$183.03B
Operating Margin
43.49%
TTM Avg
35.50%
3Y Avg
34.52%
5Y Avg
35.70%
Market Cap
$169.00B
Operating Margin
31.12%
TTM Avg
34.88%
3Y Avg
35.16%
5Y Avg
35.70%
Market Cap
$168.90B
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$154.30B
Operating Margin
52.08%
TTM Avg
54.35%
3Y Avg
48.73%
5Y Avg
53.98%
Market Cap
$300.43B
Operating Margin
24.81%
TTM Avg
15.98%
3Y Avg
15.38%
5Y Avg
21.07%
Market Cap
$152.05B
Operating Margin
87.09%
TTM Avg
85.08%
3Y Avg
82.13%
5Y Avg
76.31%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Express Company (AXP) | $227.07B | 43.24% | 25.19% | 16.99% | 17.29% |
| Citigroup Inc. (C)vs › | $227.12B | 16.09% | 10.88% | 12.21% | 16.43% |
| Wells Fargo & Company (WFC)vs › | $264.55B | 21.17% | 19.52% | 19.13% | 19.19% |
| The Charles Schwab Corporation (SCHW)vs › | $183.03B | 43.49% | 35.50% | 34.52% | 35.70% |
| BlackRock, Inc. (BLK)vs › | $169.00B | 31.12% | 34.88% | 35.16% | 35.70% |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $168.90B | N/A | N/A | N/A | N/A |
| Blackstone Inc. (BX)vs › | $154.30B | 52.08% | 54.35% | 48.73% | 53.98% |
| The Goldman Sachs Group, Inc. (GS)vs › | $300.43B | 24.81% | 15.98% | 15.38% | 21.07% |
| Interactive Brokers Group, Inc. (IBKR)vs › | $152.05B | 87.09% | 85.08% | 82.13% | 76.31% |
| Chubb Limited (CB)vs › | $135.29B | 18.19% | 21.11% | 19.08% | 18.64% |
Gross Margin
84.3%
Operating Margin
43.2%
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 | 43.24% |
| 2026-03-31 | 31.60% |
| 2025-12-31 | 14.69% |
| 2025-09-30 | 18.61% |
| 2025-06-30 | 17.81% |
| 2025-03-31 | 17.59% |
| 2024-12-31 | 14.34% |
| 2024-09-30 | 17.06% |
| 2024-06-30 | 20.60% |
| 2024-03-31 | 17.66% |
| 2023-12-31 | 14.16% |
| 2023-09-30 | 18.05% |
| 2023-06-30 | 16.35% |
| 2023-03-31 | 13.79% |
| 2022-12-31 | 12.35% |
| 2022-09-30 | 17.19% |
| 2022-06-30 | 18.40% |
| 2022-03-31 | 22.52% |
| 2021-12-31 | 18.55% |
| 2021-09-30 | 21.53% |
| 2021-06-30 | 27.19% |
| 2021-03-31 | 30.51% |
| 2020-12-31 | 19.07% |
| 2020-09-30 | 14.72% |
| 2020-06-30 | 7.56% |
| 2020-03-31 | 4.09% |
| 2019-12-31 | 16.32% |
| 2019-09-30 | 19.10% |
| 2019-06-30 | 18.92% |
| 2019-03-31 | 17.39% |
| 2018-12-31 | 16.23% |
| 2018-09-30 | 19.39% |
| 2018-06-30 | 19.52% |
| 2018-03-31 | 20.14% |
| 2017-12-31 | 19.33% |
| 2017-09-30 | 18.57% |
| 2017-06-30 | 20.19% |
| 2017-03-31 | 20.09% |
| 2016-12-31 | 13.76% |
| 2016-09-30 | 21.15% |
| 2016-06-30 | 30.90% |
| 2016-03-31 | 25.28% |
| 2015-12-31 | 16.66% |
| 2015-09-30 | 22.56% |
| 2015-06-30 | 25.64% |
| 2015-03-31 | 27.70% |
| 2014-12-31 | 25.38% |
| 2014-09-30 | 25.75% |
| 2014-06-30 | 25.48% |
| 2014-03-31 | 25.64% |
| 2013-12-31 | 21.99% |
| 2013-09-30 | 22.81% |
| 2013-06-30 | 22.83% |
| 2013-03-31 | 22.73% |
| 2012-12-31 | 10.70% |
| 2012-09-30 | 22.21% |
| 2012-06-30 | 22.07% |
| 2012-03-31 | 21.73% |
| 2011-12-31 | 21.02% |
| 2011-09-30 | 21.00% |
| 2011-06-30 | 21.54% |
| 2011-03-31 | 22.72% |
| 2010-12-31 | 19.07% |
| 2010-09-30 | 21.63% |
| 2010-06-30 | 21.51% |
| 2010-03-31 | 17.49% |
| 2009-12-31 | 14.05% |
| 2009-09-30 | 14.00% |
| 2009-06-30 | 6.30% |
| 2009-03-31 | 8.39% |
| 2008-12-31 | 3.60% |
| 2008-09-30 | 13.39% |
| 2008-06-30 | 9.26% |
| 2008-03-31 | 17.79% |
| 2007-12-31 | 13.44% |
| 2007-09-30 | 17.82% |
| 2007-06-30 | 17.56% |
| 2007-03-31 | 21.99% |
| 2006-12-31 | 13.82% |
| 2006-09-30 | 18.75% |
| 2006-06-30 | 20.94% |
| 2006-03-31 | 19.72% |
| 2005-12-31 | 14.90% |
| 2005-09-30 | 17.92% |
| 2005-06-30 | 18.62% |
| 2005-03-31 | 19.29% |
| 2004-12-31 | 15.27% |
| 2004-09-30 | 18.52% |
| 2004-06-30 | 17.44% |
| 2004-03-31 | 18.06% |
| 2003-12-31 | 15.42% |
| 2003-09-30 | 16.58% |
| 2003-06-30 | 17.26% |
| 2003-03-31 | 16.54% |
| 2002-12-31 | 15.32% |
| 2002-09-30 | 16.23% |
