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 23.68% is 20% below its 5-year average of 29.44%, around the middle of its 5-year range (16.00%–38.90%).
As of the fiscal period ended Thursday, April 30, 2026. 16.24% below its 12-month average of 28.28%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
23.68%
OPERATING MARGIN AVG TTM
28.28%
OPERATING MARGIN AVG 3Y
30.34%
OPERATING MARGIN AVG 5Y
30.15%
OPERATING MARGIN AVG 10Y
31.94%
OPERATING MARGIN AVG 15Y
31.99%
OPERATING MARGIN AVG 20Y
29.99%
CURRENT VS TTM AVG
-16.24%
CURRENT VS 3Y AVG
-21.95%
CURRENT VS 5Y AVG
-21.45%
CURRENT VS 10Y AVG
-25.84%
CURRENT VS 15Y AVG
-25.95%
CURRENT VS 20Y AVG
-21.02%
Gross Margin
60.5%
Operating Margin
23.7%
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 |
|---|---|
| 2026-04-30 | 23.68% |
| 2026-01-31 | 32.48% |
| 2025-10-31 | 29.83% |
| 2025-07-31 | 29.44% |
| 2025-04-30 | 25.95% |
| 2025-01-31 | 30.05% |
| 2024-10-31 | 31.14% |
| 2024-07-31 | 29.55% |
| 2024-04-30 | 38.90% |
| 2024-01-31 | 34.89% |
| 2023-10-31 | 30.62% |
| 2023-07-31 | 31.50% |
| 2023-04-30 | 28.49% |
| 2023-01-31 | 16.00% |
| 2022-10-31 | 28.61% |
| 2022-07-31 | 34.06% |
| 2022-04-30 | 24.70% |
| 2022-01-31 | 33.46% |
| 2021-10-31 | 32.39% |
| 2021-07-31 | 31.90% |
| 2021-04-30 | 20.69% |
| 2021-01-31 | 30.85% |
| 2020-10-31 | 33.50% |
| 2020-07-31 | 51.39% |
| 2020-04-30 | 26.38% |
| 2020-01-31 | 33.82% |
| 2019-10-31 | 35.59% |
| 2019-07-31 | 32.38% |
| 2019-04-30 | 30.65% |
| 2019-01-31 | 35.40% |
| 2018-10-31 | 36.48% |
| 2018-07-31 | 34.46% |
| 2018-04-30 | 19.78% |
| 2018-01-31 | 34.85% |
| 2017-10-31 | 38.18% |
| 2017-07-31 | 34.02% |
| 2017-04-30 | 30.40% |
| 2017-01-31 | 33.79% |
| 2016-10-31 | 35.06% |
| 2016-07-31 | 32.22% |
| 2016-04-30 | 99.59% |
| 2016-01-31 | 34.36% |
| 2015-10-31 | 35.36% |
| 2015-07-31 | 32.47% |
| 2015-04-30 | 31.35% |
| 2015-01-31 | 33.46% |
| 2014-10-31 | 34.55% |
| 2014-07-31 | 31.35% |
| 2014-04-30 | 27.29% |
| 2014-01-31 | 32.61% |
| 2013-10-31 | 37.33% |
| 2013-07-31 | 31.63% |
| 2013-04-30 | 26.80% |
| 2013-01-31 | 31.73% |
| 2012-10-31 | 33.73% |
| 2012-07-31 | 33.34% |
| 2012-04-30 | 24.85% |
| 2012-01-31 | 29.39% |
| 2011-10-31 | 31.53% |
| 2011-07-31 | 22.12% |
| 2011-04-30 | 36.37% |
| 2011-01-31 | 31.85% |
| 2010-10-31 | 25.95% |
| 2010-07-31 | 30.33% |
| 2010-04-30 | 21.09% |
| 2010-01-31 | 27.28% |
| 2009-10-31 | 25.27% |
| 2009-07-31 | 26.02% |
| 2009-04-30 | 22.62% |
| 2009-01-31 | 29.91% |
| 2008-10-31 | 30.04% |
| 2008-07-31 | 17.80% |
| 2008-04-30 | 22.29% |
| 2008-01-31 | 27.01% |
| 2007-10-31 | 29.71% |
| 2007-07-31 | 21.03% |
| 2007-04-30 | 19.74% |
| 2007-01-31 | 29.00% |
| 2006-10-31 | 30.95% |
| 2006-07-31 | 27.62% |
| 2006-04-30 | 21.81% |
| 2006-01-31 | 32.80% |
| 2005-10-31 | 29.11% |
| 2005-07-31 | 29.80% |
| 2005-04-30 | 15.56% |
| 2005-01-31 | 18.62% |
| 2004-10-31 | 21.47% |
| 2004-07-31 | 19.35% |
| 2004-04-30 | 16.80% |
| 2004-01-31 | 21.37% |
| 2003-10-31 | 22.13% |
| 2003-07-31 | 11.31% |
| 2003-04-30 | 18.90% |
| 2003-01-31 | 19.44% |
| 2002-10-31 | 20.51% |
| 2002-07-31 | 13.23% |
