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 43.40% is in line with its 5-year average of 41.20%, around the middle of its 5-year range (17.64%–55.70%).
10.10% above its 12-month average of 39.42%.
Reported quarterly operating margin; no daily interpolation. Q4 FY2026 (2026-06-30): 35.78%.
OPERATING MARGIN
43.40%
OPERATING MARGIN AVG TTM
39.42%
OPERATING MARGIN AVG 3Y
37.20%
OPERATING MARGIN AVG 5Y
41.20%
OPERATING MARGIN AVG 10Y
39.14%
OPERATING MARGIN AVG 15Y
39.79%
OPERATING MARGIN AVG 20Y
39.54%
CURRENT VS TTM AVG
+10.10%
CURRENT VS 3Y AVG
+16.66%
CURRENT VS 5Y AVG
+5.34%
CURRENT VS 10Y AVG
+10.89%
CURRENT VS 15Y AVG
+9.08%
CURRENT VS 20Y AVG
+9.77%
SECTOR MEDIAN · BASIC MATERIALS
16.68%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+160.11%
vs the sector median at left
BHP Group Limited
Market Cap
$215.85B
Operating Margin
43.40%
TTM Avg
39.42%
3Y Avg
37.20%
5Y Avg
41.20%
Market Cap
$170.14B
Operating Margin
56.90%
TTM Avg
50.38%
3Y Avg
46.81%
5Y Avg
46.97%
Market Cap
$153.66B
Operating Margin
25.85%
TTM Avg
27.51%
3Y Avg
29.58%
5Y Avg
33.84%
Market Cap
$127.95B
Operating Margin
51.36%
TTM Avg
38.91%
3Y Avg
24.23%
5Y Avg
23.10%
Market Cap
$103.94B
Operating Margin
26.70%
TTM Avg
25.70%
3Y Avg
27.64%
5Y Avg
26.53%
Market Cap
$90.98B
Operating Margin
13.90%
TTM Avg
11.27%
3Y Avg
10.80%
5Y Avg
10.46%
Market Cap
$79.89B
Operating Margin
16.36%
TTM Avg
16.21%
3Y Avg
15.41%
5Y Avg
15.09%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BHP Group Limited (BHP) | $215.85B | 43.40% | 39.42% | 37.20% | 41.20% |
| Linde plc (LIN)vs › | $217.37B | 28.66% | 26.16% | 24.09% | 21.30% |
| Southern Copper Corporation (SCCO)vs › | $170.14B | 56.90% | 50.38% | 46.81% | 46.97% |
| Rio Tinto Group (RIO)vs › | $153.66B | 25.85% | 27.51% | 29.58% | 33.84% |
| Newmont Corporation (NEM)vs › | $127.95B | 51.36% | 38.91% | 24.23% | 23.10% |
| Freeport-McMoRan Inc. (FCX)vs › | $103.94B | 26.70% | 25.70% | 27.64% | 26.53% |
| Johnson Controls International plc (JCI)vs › | $90.98B | 13.90% | 11.27% | 10.80% | 10.46% |
| The Sherwin-Williams Company (SHW)vs › | $79.89B | 16.36% | 16.21% | 15.41% | 15.09% |
| Ecolab Inc. (ECL)vs › | $78.66B | 17.37% | 17.36% | 15.04% | 14.65% |
| Barrick Mining Corporation (B)vs › | $71.85B | 52.36% | 41.12% | 33.81% | 34.92% |
Gross Margin
75.6%
Operating Margin
43.4%
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 |
|---|---|
| 2026-06-30 | 35.78% |
| 2025-12-31 | 42.85% |
| 2025-06-30 | 39.63% |
| 2024-12-31 | 36.25% |
| 2024-06-30 | 44.80% |
| 2023-12-31 | 17.64% |
| 2023-06-30 | 43.47% |
| 2022-12-31 | 41.69% |
| 2022-06-30 | 55.70% |
| 2021-12-31 | 48.15% |
| 2021-06-30 | 47.25% |
| 2020-12-31 | 40.89% |
| 2020-06-30 | 29.41% |
| 2019-12-31 | 37.02% |
| 2019-06-30 | 37.56% |
| 2018-12-31 | 35.07% |
| 2018-06-30 | 38.84% |
| 2017-12-31 | 34.70% |
| 2017-06-30 | 39.74% |
| 2016-12-31 | 31.37% |
| 2016-06-30 | 5.17% |
| 2015-12-31 | -44.04% |
| 2015-06-30 | 3.71% |
| 2014-12-31 | 31.54% |
| 2014-06-30 | 3.70% |
| 2013-12-31 | 31.54% |
| 2013-06-30 | 33.83% |
| 2012-12-31 | 49.49% |
| 2012-06-30 | 50.02% |
| 2011-12-31 | 55.70% |
| 2011-06-30 | 44.35% |
| 2010-12-31 | 44.35% |
| 2010-06-30 | 37.94% |
| 2009-12-31 | 37.94% |
| 2009-06-30 | 24.22% |
| 2008-12-31 | 24.22% |
| 2008-06-30 | 40.60% |
| 2007-12-31 | 40.60% |
| 2007-06-30 | 46.59% |
| 2006-12-31 | 46.59% |
| 2006-06-30 | 45.63% |
| 2005-12-31 | 45.63% |
| 2005-06-30 | 25.11% |
| 2004-12-31 | 25.11% |
| 2004-06-30 | 15.24% |
| 2003-12-31 | 15.24% |
| 2003-06-30 | 17.29% |
| 2002-12-31 | 17.29% |
| 2002-06-30 | 18.19% |
| 2001-12-31 | 18.19% |
| 2001-06-30 | 5.74% |
| 2000-12-31 | 5.74% |
| 2000-06-30 | -8.93% |
| 1999-12-30 | -8.93% |
| 1999-05-31 | -21.34% |
| 1998-11-30 | -21.34% |
| 1998-05-31 | -17.81% |
| 1997-11-30 | -17.81% |
| 1997-05-31 | -3.08% |
| 1996-11-30 | -3.08% |
| 1996-05-31 | 5.80% |
| 1995-11-30 | 5.80% |
| 1995-05-31 | 11.82% |
| 1994-11-30 | 11.82% |
| 1994-05-31 | 9.73% |
| 1993-11-30 | 9.73% |
| 1993-05-31 | 5.98% |
| 1992-11-30 | 5.98% |
| 1992-05-31 | 5.95% |
| 1991-11-30 | 5.95% |
| 1991-05-31 | 0.66% |
| 1990-11-30 | 0.66% |
| 1990-05-31 | 9.47% |
| 1989-11-30 | 9.47% |
| 1989-05-31 | 10.08% |
| 1988-11-30 | 10.08% |
| 1988-05-31 | -8.33% |
| 1987-11-30 | -8.33% |
| 1987-05-31 | 7.89% |
| 1986-11-30 | 7.89% |