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 34.54% is 14% below its 5-year average of 40.10%, near the low end of its 5-year range (29.29%–107.33%).
1.35% below its 12-month average of 35.01%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 35.73%.
OPERATING MARGIN
34.54%
OPERATING MARGIN AVG TTM
35.01%
OPERATING MARGIN AVG 3Y
36.99%
OPERATING MARGIN AVG 5Y
40.10%
OPERATING MARGIN AVG 10Y
40.55%
OPERATING MARGIN AVG 15Y
40.02%
OPERATING MARGIN AVG 20Y
33.25%
CURRENT VS TTM AVG
-1.35%
CURRENT VS 3Y AVG
-6.62%
CURRENT VS 5Y AVG
-13.86%
CURRENT VS 10Y AVG
-14.82%
CURRENT VS 15Y AVG
-13.70%
CURRENT VS 20Y AVG
+3.87%
SECTOR MEDIAN · FINANCIAL SERVICES
17.92%
median of 409 covered companies
CURRENT VS SECTOR MEDIAN
+92.75%
vs the sector median at left
Bank First Corporation
Market Cap
$1.70B
Operating Margin
34.54%
TTM Avg
35.01%
3Y Avg
36.99%
5Y Avg
40.10%
Market Cap
$1.73B
Operating Margin
25.83%
TTM Avg
19.91%
3Y Avg
13.09%
5Y Avg
11.91%
Market Cap
$1.66B
Operating Margin
17.73%
TTM Avg
26.41%
3Y Avg
31.96%
5Y Avg
34.24%
Market Cap
$1.73B
Operating Margin
16.07%
TTM Avg
10.82%
3Y Avg
19.12%
5Y Avg
23.94%
Market Cap
$1.66B
Operating Margin
18.07%
TTM Avg
18.51%
3Y Avg
26.12%
5Y Avg
31.29%
Market Cap
$1.63B
Operating Margin
17.73%
TTM Avg
26.41%
3Y Avg
31.96%
5Y Avg
34.24%
Market Cap
$1.78B
Operating Margin
18.19%
TTM Avg
15.30%
3Y Avg
11.87%
5Y Avg
1.38%
Market Cap
$1.56B
Operating Margin
-56.74%
TTM Avg
26.01%
3Y Avg
-306.25%
5Y Avg
-206.83%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bank First Corporation (BFC) | $1.70B | 34.54% | 35.01% | 36.99% | 40.10% |
| Goosehead Insurance, Inc (GSHD)vs › | $1.73B | 25.83% | 19.91% | 13.09% | 11.91% |
| Atlanticus Holdings Corporation 9.25% Senior Notes due 2029 (ATLCZ)vs › | $1.66B | 17.73% | 26.41% | 31.96% | 34.24% |
| Hope Bancorp, Inc. (HOPE)vs › | $1.73B | 16.07% | 10.82% | 19.12% | 23.94% |
| ConnectOne Bancorp, Inc. (CNOBP)vs › | $1.66B | 18.07% | 18.51% | 26.12% | 31.29% |
| Atlanticus Holdings Corporation (ATLCP)vs › | $1.63B | 17.73% | 26.41% | 31.96% | 34.24% |
| Happen, Inc. Common Stock (HAPN)vs › | $1.78B | 18.19% | 15.30% | 11.87% | 1.38% |
| EZCORP, Inc. (EZPW)vs › | $1.79B | 13.90% | 10.70% | 9.66% | 6.17% |
| Nuveen California Quality Municipal Income Fund (NAC)vs › | $1.56B | -56.74% | 26.01% | -306.25% | -206.83% |
| Pathward Financial, Inc. (CASH)vs › | $1.55B | 26.21% | 32.61% | 31.26% | 29.92% |
Operating Margin
34.5%
Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
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 | 35.73% |
| 2026-03-31 | 29.29% |
| 2025-12-31 | 37.32% |
| 2025-09-30 | 37.39% |
| 2025-06-30 | 35.33% |
| 2025-03-31 | 36.59% |
| 2024-12-31 | 37.33% |
| 2024-09-30 | 35.73% |
| 2024-06-30 | 36.51% |
| 2024-03-31 | 32.68% |
| 2023-12-31 | 107.33% |
| 2023-09-30 | 38.85% |
| 2023-06-30 | 39.11% |
| 2023-03-31 | 31.84% |
| 2022-12-31 | 43.57% |
| 2022-09-30 | 40.61% |
| 2022-06-30 | 51.06% |
| 2022-03-31 | 48.68% |
| 2021-12-31 | 50.05% |
| 2021-09-30 | 52.24% |
| 2021-06-30 | 52.00% |
| 2021-03-31 | 51.15% |
| 2020-12-31 | 47.13% |
| 2020-09-30 | 49.30% |
| 2020-06-30 | 36.43% |
| 2020-03-31 | 36.12% |
| 2019-12-31 | 37.14% |
| 2019-09-30 | 30.38% |
| 2019-06-30 | 35.19% |
| 2019-03-31 | 39.43% |
| 2018-12-31 | 34.53% |
| 2018-09-30 | 35.94% |
| 2018-06-30 | 36.87% |
| 2018-03-31 | 44.50% |
| 2017-12-31 | 32.97% |
| 2017-09-30 | 39.85% |
| 2017-06-30 | 50.43% |
| 2017-03-31 | 48.55% |
| 2016-12-31 | 46.07% |
| 2016-09-30 | 47.50% |
| 2016-06-30 | 100.00% |
| 2016-03-31 | 100.00% |
| 2015-12-31 | -82.39% |
| 2015-09-30 | 48.77% |
| 2015-06-30 | 57.24% |
| 2015-03-31 | 100.00% |
| 2014-12-31 | -81.45% |
| 2014-09-30 | 100.00% |
| 2014-06-30 | 45.10% |
| 2014-03-31 | 100.00% |
| 2013-12-31 | -90.88% |
| 2013-09-30 | 100.00% |
| 2013-06-30 | 46.76% |
| 2013-03-31 | 43.74% |
| 2012-12-31 | 21.67% |
| 2011-12-31 | 22.74% |
| 2011-09-30 | 28.95% |
| 2011-06-30 | 24.73% |
| 2011-03-31 | 30.30% |
| 2010-12-31 | 18.01% |
| 2010-09-30 | 25.42% |
| 2010-06-30 | 14.84% |
| 2010-03-31 | 24.35% |
| 2009-12-31 | 12.80% |
| 2009-09-30 | 22.60% |
| 2009-06-30 | 18.81% |
| 2009-03-31 | 13.08% |
| 2008-12-31 | -2.92% |
| 2008-09-30 | 10.45% |
| 2008-06-30 | 12.97% |
| 2008-03-31 | 23.01% |
| 2007-12-31 | 10.59% |
| 2007-09-30 | 19.22% |
| 2007-06-30 | 24.27% |
| 2007-03-31 | 18.16% |
| 2006-12-31 | 16.23% |
| 2006-09-30 | 16.01% |
| 2006-06-30 | 12.04% |
| 2006-03-31 | 23.99% |
| 2005-12-31 | 15.83% |
| 2005-09-30 | 9.43% |
| 2005-06-30 | 30.53% |
| 2005-03-31 | 30.89% |
| 2004-12-31 | 27.67% |
| 2004-09-30 | 31.20% |
| 2004-06-30 | 28.38% |
| 2004-03-31 | 32.01% |
| 2003-12-31 | 25.86% |
| 2003-09-30 | 29.51% |
| 2003-06-30 | 27.94% |
| 2003-03-31 | 27.29% |
| 2002-12-31 | 8.03% |
| 2002-09-30 | 51.63% |
| 2002-06-30 | 48.53% |
| 2002-03-31 | 51.96% |
| 2001-12-31 | 18.86% |
