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 18.02% is in line with its 5-year average of 19.51%, around the middle of its 5-year range (16.34%–21.48%).
0.91% below its 12-month average of 18.19%.
Reported quarterly operating margin; no daily interpolation. Q3 FY2026 (2026-05-09): 19.08%.
OPERATING MARGIN
18.02%
OPERATING MARGIN AVG TTM
18.19%
OPERATING MARGIN AVG 3Y
19.30%
OPERATING MARGIN AVG 5Y
19.51%
OPERATING MARGIN AVG 10Y
19.19%
OPERATING MARGIN AVG 15Y
19.12%
OPERATING MARGIN AVG 20Y
18.66%
CURRENT VS TTM AVG
-0.91%
CURRENT VS 3Y AVG
-6.64%
CURRENT VS 5Y AVG
-7.65%
CURRENT VS 10Y AVG
-6.08%
CURRENT VS 15Y AVG
-5.73%
CURRENT VS 20Y AVG
-3.44%
SECTOR MEDIAN · CONSUMER CYCLICAL
11.23%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+60.53%
vs the sector median at left
AutoZone, Inc.
Market Cap
$46.43B
Operating Margin
18.02%
TTM Avg
18.19%
3Y Avg
19.30%
5Y Avg
19.51%
Market Cap
$42.97B
Operating Margin
15.20%
TTM Avg
16.91%
3Y Avg
15.76%
5Y Avg
13.09%
Market Cap
$39.26B
Operating Margin
11.64%
TTM Avg
14.77%
3Y Avg
17.54%
5Y Avg
17.35%
Market Cap
$37.42B
Operating Margin
30.99%
TTM Avg
31.31%
3Y Avg
31.84%
5Y Avg
31.07%
Market Cap
$32.58B
Operating Margin
18.79%
TTM Avg
12.16%
3Y Avg
10.42%
5Y Avg
2.41%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AutoZone, Inc. (AZO) | $46.43B | 18.02% | 18.19% | 19.30% | 19.51% |
| Chipotle Mexican Grill, Inc. (CMG)vs › | $42.97B | 15.20% | 16.91% | 15.76% | 13.09% |
| eBay Inc. (EBAY)vs › | $50.13B | 20.52% | 21.52% | 21.56% | 23.99% |
| D.R. Horton, Inc. (DHI)vs › | $39.26B | 11.64% | 14.77% | 17.54% | 17.35% |
| NIKE, Inc. (NKE)vs › | $53.81B | 8.19% | 8.09% | 10.00% | 11.65% |
| Ford Motor Company (F)vs › | $54.23B | 1.97% | 2.05% | 2.80% | 1.88% |
| Yum! Brands, Inc. (YUM)vs › | $37.42B | 30.99% | 31.31% | 31.84% | 31.07% |
| JD.com, Inc. (JD)vs › | $37.40B | 0.09% | 1.77% | 1.96% | 1.66% |
| Expedia Group, Inc. (EXPE)vs › | $32.58B | 18.79% | 12.16% | 10.42% | 2.41% |
| Sea Limited (SE)vs › | $60.80B | 7.95% | 6.04% | 0.46% | -7.31% |
Gross Margin
51.8%
Operating Margin
18.0%
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 |
|---|---|
| 2026-05-09 | 19.08% |
| 2026-02-14 | 16.34% |
| 2025-11-22 | 16.94% |
| 2025-08-30 | 19.16% |
| 2025-05-10 | 19.40% |
| 2025-02-15 | 17.88% |
| 2024-11-23 | 19.65% |
| 2024-08-31 | 20.90% |
| 2024-05-04 | 21.25% |
| 2024-02-10 | 19.26% |
| 2023-11-18 | 20.25% |
| 2023-08-26 | 21.48% |
| 2023-05-06 | 20.99% |
| 2023-02-11 | 18.15% |
| 2022-11-19 | 18.14% |
| 2022-08-27 | 20.64% |
| 2022-05-07 | 20.33% |
| 2022-02-12 | 18.60% |
| 2021-11-20 | 20.56% |
| 2021-08-28 | 21.25% |
| 2021-05-08 | 22.01% |
| 2021-02-13 | 16.55% |
| 2020-11-21 | 19.50% |
| 2020-08-29 | 22.39% |
| 2020-05-09 | 17.69% |
| 2020-02-15 | 16.23% |
| 2019-11-23 | 17.90% |
| 2019-08-31 | 19.58% |
| 2019-05-04 | 19.67% |
| 2019-02-09 | 16.32% |
| 2018-11-17 | 18.47% |
| 2018-08-25 | 16.61% |
| 2018-05-05 | 20.52% |
| 2018-02-10 | 8.50% |
| 2017-11-18 | 18.10% |
| 2017-08-26 | 20.15% |
| 2017-05-06 | 20.22% |
| 2017-02-11 | 16.77% |
| 2016-11-19 | 18.60% |
| 2016-08-27 | 20.69% |
| 2016-05-07 | 20.68% |
| 2016-02-13 | 16.95% |
| 2015-11-21 | 18.36% |
| 2015-08-29 | 20.34% |
| 2015-05-09 | 20.62% |
| 2015-02-14 | 16.85% |
| 2014-11-22 | 18.08% |
| 2014-08-30 | 20.66% |
| 2014-05-10 | 20.45% |
| 2014-02-15 | 16.95% |
| 2013-11-23 | 18.33% |
| 2013-08-31 | 20.55% |
| 2013-05-04 | 20.67% |
| 2013-02-09 | 17.12% |
| 2012-11-17 | 18.25% |
| 2012-08-25 | 20.27% |
| 2012-05-05 | 20.23% |
| 2012-02-11 | 16.67% |
| 2011-11-19 | 17.72% |
| 2011-08-27 | 19.83% |
| 2011-05-07 | 19.86% |
| 2011-02-12 | 16.36% |
| 2010-11-20 | 17.09% |
| 2010-08-28 | 19.33% |
| 2010-05-08 | 19.53% |
| 2010-02-13 | 15.30% |
| 2009-11-21 | 16.39% |
| 2009-08-29 | 18.71% |
| 2009-05-09 | 18.41% |
| 2009-02-14 | 14.83% |
| 2008-11-22 | 16.14% |
| 2008-08-30 | 18.86% |
| 2008-05-03 | 17.99% |
| 2008-02-09 | 14.70% |
| 2007-11-17 | 16.31% |
| 2007-08-25 | 18.89% |
| 2007-05-05 | 17.98% |
| 2007-02-10 | 14.53% |
| 2006-11-18 | 16.01% |
| 2006-08-26 | 19.24% |
| 2006-05-06 | 17.86% |
| 2006-02-11 | 14.22% |
| 2005-11-19 | 15.34% |
| 2005-08-27 | 18.66% |
| 2005-05-07 | 19.39% |
| 2005-02-12 | 12.35% |
| 2004-11-20 | 16.82% |
| 2004-08-28 | 19.82% |
| 2004-05-08 | 18.48% |
| 2004-02-14 | 14.54% |
| 2003-11-22 | 16.78% |
| 2003-08-30 | 19.68% |
| 2003-05-10 | 17.22% |
| 2003-02-15 | 13.16% |
| 2002-11-23 | 15.45% |
| 2002-08-31 | 16.92% |