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 -0.35% is 104% below its 5-year average of 9.67%, near the low end of its 5-year range (-4.09%–18.15%).
As of the fiscal period ended Tuesday, March 31, 2026. 104.97% below its 12-month average of 7.01%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
-0.35%
OPERATING MARGIN AVG TTM
7.01%
OPERATING MARGIN AVG 3Y
10.40%
OPERATING MARGIN AVG 5Y
9.67%
OPERATING MARGIN AVG 10Y
15.45%
OPERATING MARGIN AVG 15Y
19.73%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-104.97%
CURRENT VS 3Y AVG
-103.35%
CURRENT VS 5Y AVG
-103.60%
CURRENT VS 10Y AVG
-102.26%
CURRENT VS 15Y AVG
-101.77%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
10.61%
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
-103.28%
vs the sector median at left
Alibaba Group Holding Limited
Market Cap
$293.02B
Operating Margin
-0.35%
TTM Avg
7.01%
3Y Avg
10.40%
5Y Avg
9.67%
Market Cap
$331.00B
Operating Margin
12.45%
TTM Avg
13.09%
3Y Avg
13.46%
5Y Avg
14.18%
Market Cap
$192.29B
Operating Margin
46.01%
TTM Avg
45.64%
3Y Avg
44.35%
5Y Avg
43.35%
Market Cap
$173.81B
Operating Margin
12.39%
TTM Avg
11.54%
3Y Avg
10.87%
5Y Avg
9.18%
Market Cap
$149.47B
Operating Margin
34.28%
TTM Avg
33.16%
3Y Avg
30.87%
5Y Avg
22.83%
Market Cap
$126.06B
Operating Margin
22.17%
TTM Avg
24.55%
3Y Avg
24.02%
5Y Avg
14.61%
Market Cap
$119.98B
Operating Margin
9.43%
TTM Avg
12.29%
3Y Avg
13.81%
5Y Avg
13.10%
Market Cap
$116.57B
Operating Margin
11.55%
TTM Avg
11.93%
3Y Avg
12.56%
5Y Avg
12.52%
Market Cap
$108.29B
Operating Margin
3.87%
TTM Avg
4.67%
3Y Avg
5.19%
5Y Avg
4.57%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alibaba Group Holding Limited (BABA) | $293.02B | -0.35% | 7.01% | 10.40% | 9.67% |
| The Home Depot, Inc. (HD)vs › | $331.00B | 12.45% | 13.09% | 13.46% | 14.18% |
| McDonald's Corporation (MCD)vs › | $192.29B | 46.01% | 45.64% | 44.35% | 43.35% |
| The TJX Companies, Inc. (TJX)vs › | $173.81B | 12.39% | 11.54% | 10.87% | 9.18% |
| Booking Holdings Inc. (BKNG)vs › | $149.47B | 34.28% | 33.16% | 30.87% | 22.83% |
| PDD Holdings Inc. (PDD)vs › | $126.06B | 22.17% | 24.55% | 24.02% | 14.61% |
| Starbucks Corporation (SBUX)vs › | $119.98B | 9.43% | 12.29% | 13.81% | 13.10% |
| Lowe's Companies, Inc. (LOW)vs › | $116.57B | 11.55% | 11.93% | 12.56% | 12.52% |
| BYD Company Limited (BYDDY)vs › | $108.29B | 3.87% | 4.67% | 5.19% | 4.57% |
| Marriott International, Inc. (MAR)vs › | $98.31B | 16.02% | 15.41% | 15.95% | 12.87% |
Gross Margin
39.8%
Operating Margin
-0.3%
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 | -0.35% |
| 2025-12-31 | 7.08% |
| 2025-09-30 | 2.17% |
| 2025-06-30 | 14.13% |
| 2025-03-31 | 12.04% |
| 2024-12-31 | 14.71% |
| 2024-09-30 | 14.90% |
| 2024-06-30 | 14.80% |
| 2024-03-31 | 6.65% |
| 2023-12-31 | 8.65% |
| 2023-09-30 | 14.94% |
| 2023-06-30 | 18.15% |
| 2023-03-31 | 7.32% |
| 2022-12-31 | 14.14% |
| 2022-09-30 | 12.13% |
| 2022-06-30 | 12.13% |
| 2022-03-31 | 8.19% |
| 2021-12-31 | 2.91% |
| 2021-09-30 | 7.48% |
| 2021-06-30 | 14.99% |
| 2021-03-31 | -4.09% |
| 2020-12-31 | 22.16% |
| 2020-09-30 | 8.79% |
| 2020-06-30 | 22.57% |
| 2020-03-31 | 6.24% |
| 2019-12-31 | 24.50% |
| 2019-09-30 | 17.11% |
| 2019-06-30 | 21.21% |
| 2019-03-31 | 9.37% |
| 2018-12-31 | 22.85% |
| 2018-09-30 | 15.86% |
| 2018-06-30 | 9.91% |
| 2018-03-31 | 14.89% |
| 2017-12-31 | 31.31% |
| 2017-09-30 | 30.09% |
| 2017-06-30 | 34.90% |
| 2017-03-31 | 24.71% |
| 2016-12-31 | 38.81% |
| 2016-09-30 | 26.38% |
| 2016-06-30 | 27.41% |
| 2016-03-31 | 21.14% |
| 2015-12-31 | 36.00% |
| 2015-09-30 | 28.84% |
| 2015-06-30 | 25.49% |
| 2015-03-31 | 14.92% |
| 2014-12-31 | 35.70% |
| 2014-09-30 | 25.82% |
| 2014-06-30 | 43.40% |
| 2014-03-31 | 45.31% |
| 2013-12-31 | 46.95% |
| 2013-09-30 | 47.93% |
| 2013-06-30 | 50.29% |
| 2013-03-31 | 51.33% |
| 2011-12-31 | 0.00% |
| 2011-06-30 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-06-30 | 0.00% |
| 2009-12-31 | 0.00% |
