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 57.40% is 63% above its 5-year average of 35.22%, near the high end of its 5-year range (15.57%–57.40%).
As of the fiscal period ended Tuesday, March 31, 2026. 17.25% above its 12-month average of 48.95%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
57.40%
OPERATING MARGIN AVG TTM
48.95%
OPERATING MARGIN AVG 3Y
37.29%
OPERATING MARGIN AVG 5Y
35.22%
OPERATING MARGIN AVG 10Y
31.53%
OPERATING MARGIN AVG 15Y
32.97%
OPERATING MARGIN AVG 20Y
33.19%
CURRENT VS TTM AVG
+17.25%
CURRENT VS 3Y AVG
+53.92%
CURRENT VS 5Y AVG
+62.95%
CURRENT VS 10Y AVG
+82.05%
CURRENT VS 15Y AVG
+74.10%
CURRENT VS 20Y AVG
+72.96%
SECTOR MEDIAN · BASIC MATERIALS
14.15%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+305.64%
vs the sector median at left
Barrick Mining Corporation
Market Cap
$64.24B
Operating Margin
57.40%
TTM Avg
48.95%
3Y Avg
37.29%
5Y Avg
35.22%
Market Cap
$66.03B
Operating Margin
-4.71%
TTM Avg
14.81%
3Y Avg
16.96%
5Y Avg
19.20%
Market Cap
$52.37B
Operating Margin
71.81%
TTM Avg
58.56%
3Y Avg
53.73%
5Y Avg
54.19%
Market Cap
$87.89B
Operating Margin
16.36%
TTM Avg
16.21%
3Y Avg
15.41%
5Y Avg
15.09%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Barrick Mining Corporation (B) | $64.24B | 57.40% | 48.95% | 37.29% | 35.22% |
| Vale S.A. (VALE)vs › | $63.37B | 27.84% | 28.66% | 32.64% | 35.64% |
| Air Products and Chemicals, Inc. (APD)vs › | $66.03B | -4.71% | 14.81% | 16.96% | 19.20% |
| CRH plc (CRH)vs › | $66.26B | 13.48% | 14.27% | 13.76% | 12.85% |
| Nucor Corporation (NUE)vs › | $62.00B | 11.47% | 8.93% | 15.28% | 14.44% |
| Wheaton Precious Metals Corp. (WPM)vs › | $52.37B | 71.81% | 58.56% | 53.73% | 54.19% |
| Corteva, Inc. (CTVA)vs › | $51.77B | 17.08% | 13.73% | 12.69% | 10.85% |
| Ecolab Inc. (ECL)vs › | $79.37B | 17.37% | 17.36% | 15.04% | 14.65% |
| The Sherwin-Williams Company (SHW)vs › | $87.89B | 16.36% | 16.21% | 15.41% | 15.09% |
| Steel Dynamics, Inc. (STLD)vs › | $38.11B | 10.57% | 9.60% | 14.71% | 15.17% |
Gross Margin
55.1%
Operating Margin
57.4%
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 |
|---|---|
| 2026-03-31 | 57.40% |
| 2025-12-31 | 51.38% |
| 2025-09-30 | 50.36% |
| 2025-06-30 | 45.69% |
| 2025-03-31 | 39.94% |
| 2024-12-31 | 41.32% |
| 2024-09-30 | 34.80% |
| 2024-06-30 | 33.68% |
| 2024-03-31 | 25.85% |
| 2023-12-31 | 24.88% |
| 2023-09-30 | 29.49% |
| 2023-06-30 | 27.11% |
| 2023-03-31 | 22.89% |
| 2022-12-31 | 15.57% |
| 2022-09-30 | 24.77% |
| 2022-06-30 | 31.83% |
| 2022-03-31 | 34.88% |
| 2021-12-31 | 37.58% |
| 2021-09-30 | 34.29% |
| 2021-06-30 | 36.81% |
| 2021-03-31 | 39.21% |
| 2020-12-31 | 40.74% |
| 2020-09-30 | 42.43% |
| 2020-06-30 | 32.96% |
| 2020-03-31 | 31.28% |
| 2019-12-31 | 28.79% |
| 2019-09-30 | 23.97% |
| 2019-06-30 | 19.00% |
| 2019-03-31 | 24.08% |
| 2018-12-31 | 18.80% |
| 2018-09-30 | 20.79% |
| 2018-06-30 | 21.96% |
| 2018-03-31 | 29.61% |
| 2017-12-31 | 30.16% |
| 2017-09-30 | 27.85% |
| 2017-06-30 | 35.19% |
| 2017-03-31 | 25.54% |
| 2016-12-31 | 32.38% |
| 2016-09-30 | 37.66% |
| 2016-06-30 | 28.18% |
| 2016-03-31 | 27.46% |
| 2015-12-31 | 20.87% |
| 2015-09-30 | 22.38% |
| 2015-06-30 | 18.65% |
| 2015-03-31 | 19.82% |
| 2014-12-31 | 23.52% |
| 2014-09-30 | 29.42% |
| 2014-06-30 | 27.46% |
| 2014-03-31 | 26.56% |
| 2013-12-31 | 21.39% |
| 2013-09-30 | 29.88% |
| 2013-06-30 | 35.71% |
| 2013-03-31 | 40.45% |
| 2012-12-31 | 43.54% |
| 2012-09-30 | 42.78% |
| 2012-06-30 | 40.35% |
| 2012-03-31 | 48.57% |
| 2011-12-31 | 45.16% |
| 2011-09-30 | 51.93% |
| 2011-06-30 | 51.43% |
| 2011-03-31 | 52.67% |
| 2010-12-31 | 48.44% |
| 2010-09-30 | 50.00% |
| 2010-06-30 | 47.96% |
| 2010-03-31 | 47.19% |
| 2009-12-31 | 40.48% |
| 2009-09-30 | -244.85% |
| 2009-06-30 | 33.44% |
| 2009-03-31 | 28.34% |
| 2008-12-31 | 28.96% |
| 2008-09-30 | 24.12% |
| 2008-06-30 | 30.30% |
| 2008-03-31 | 41.88% |
| 2007-12-31 | 29.79% |
| 2007-09-30 | 23.37% |
| 2007-06-30 | 27.62% |
| 2007-03-31 | -0.40% |
| 2006-12-31 | 12.01% |
| 2006-09-30 | 35.09% |
| 2006-06-30 | 40.43% |
| 2006-03-31 | 21.12% |
| 2005-12-31 | 35.41% |
| 2005-09-30 | 24.31% |
| 2005-06-30 | 8.21% |
| 2005-03-31 | 13.50% |
| 2004-12-31 | 23.43% |
| 2004-09-30 | 5.87% |
| 2004-06-30 | -0.50% |
| 2004-03-31 | 9.90% |
| 2003-12-31 | 7.04% |
| 2003-09-30 | 12.01% |
| 2003-06-30 | 7.09% |
| 2003-03-31 | 5.19% |
| 2002-12-31 | 23.99% |
| 2002-09-30 | 8.92% |
| 2002-06-30 | 12.11% |
