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 23.41% is 13% below its 5-year average of 26.77%, near the low end of its 5-year range (13.35%–47.01%).
1.73% above its 12-month average of 23.01%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 24.88%.
OPERATING MARGIN
23.41%
OPERATING MARGIN AVG TTM
23.01%
OPERATING MARGIN AVG 3Y
21.69%
OPERATING MARGIN AVG 5Y
26.77%
OPERATING MARGIN AVG 10Y
28.34%
OPERATING MARGIN AVG 15Y
30.00%
OPERATING MARGIN AVG 20Y
28.34%
CURRENT VS TTM AVG
+1.73%
CURRENT VS 3Y AVG
+7.91%
CURRENT VS 5Y AVG
-12.55%
CURRENT VS 10Y AVG
-17.40%
CURRENT VS 15Y AVG
-21.98%
CURRENT VS 20Y AVG
-17.39%
SECTOR MEDIAN · FINANCIAL SERVICES
18.07%
median of 363 covered companies
CURRENT VS SECTOR MEDIAN
+29.55%
vs the sector median at left
BOK Financial Corporation
Market Cap
$7.79B
Operating Margin
23.41%
TTM Avg
23.01%
3Y Avg
21.69%
5Y Avg
26.77%
Market Cap
$7.66B
Operating Margin
43.49%
TTM Avg
41.47%
3Y Avg
41.47%
5Y Avg
41.47%
Market Cap
$7.57B
Operating Margin
35.90%
TTM Avg
33.14%
3Y Avg
30.23%
5Y Avg
28.61%
Market Cap
$8.04B
Operating Margin
35.00%
TTM Avg
33.34%
3Y Avg
34.63%
5Y Avg
36.33%
Market Cap
$8.16B
Operating Margin
26.78%
TTM Avg
23.80%
3Y Avg
24.56%
5Y Avg
6.39%
Market Cap
$7.33B
Operating Margin
-101.10%
TTM Avg
-77.76%
3Y Avg
-122.25%
5Y Avg
-83.27%
Market Cap
$7.07B
Operating Margin
14.48%
TTM Avg
16.79%
3Y Avg
22.39%
5Y Avg
27.74%
Market Cap
$8.89B
Operating Margin
3.48%
TTM Avg
6.71%
3Y Avg
7.46%
5Y Avg
16.68%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BOK Financial Corporation (BOKF) | $7.79B | 23.41% | 23.01% | 21.69% | 26.77% |
| Central Bancompany (CBC)vs › | $7.66B | 43.49% | 41.47% | 41.47% | 41.47% |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.57B | 35.90% | 33.14% | 30.23% | 28.61% |
| Commerce Bancshares, Inc. (CBSH)vs › | $8.04B | 35.00% | 33.34% | 34.63% | 36.33% |
| Galaxy Digital (GLXY)vs › | $7.51B | 0.80% | 1.29% | 0.65% | 0.43% |
| Columbia Banking System, Inc. (COLB)vs › | $8.16B | 26.78% | 23.80% | 24.56% | 6.39% |
| TeraWulf Inc. (WULF)vs › | $7.33B | -101.10% | -77.76% | -122.25% | -83.27% |
| Valley National Bancorp (VLY)vs › | $7.07B | 14.48% | 16.79% | 22.39% | 27.74% |
| Voya Financial, Inc. (VOYA)vs › | $8.89B | 3.48% | 6.71% | 7.46% | 16.68% |
| PIMCO Dynamic Income Fund (PDI)vs › | $6.55B | 78.88% | 80.75% | 90.27% | 92.97% |
Operating Margin
23.4%
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 | 24.88% |
| 2026-03-31 | 24.14% |
| 2025-12-31 | 23.68% |
| 2025-09-30 | 20.91% |
| 2025-06-30 | 21.45% |
| 2025-03-31 | 19.40% |
| 2024-12-31 | 23.12% |
| 2024-09-30 | 19.70% |
| 2024-06-30 | 22.86% |
| 2024-03-31 | 13.35% |
| 2023-12-31 | 14.03% |
| 2023-09-30 | 20.79% |
| 2023-06-30 | 25.37% |
| 2023-03-31 | 30.26% |
| 2022-12-31 | 34.26% |
| 2022-09-30 | 36.19% |
| 2022-06-30 | 37.27% |
| 2022-03-31 | 21.66% |
| 2021-12-31 | 34.95% |
| 2021-09-30 | 47.01% |
| 2021-06-30 | 46.89% |
| 2021-03-31 | 41.37% |
| 2020-12-31 | 40.51% |
| 2020-09-30 | 40.38% |
| 2020-06-30 | 15.50% |
| 2020-03-31 | 14.97% |
| 2019-12-31 | 26.32% |
| 2019-09-30 | 30.75% |
| 2019-06-30 | 31.81% |
| 2019-03-31 | 26.94% |
| 2018-12-31 | 26.20% |
| 2018-09-30 | 33.33% |
| 2018-06-30 | 34.28% |
| 2018-03-31 | 33.14% |
| 2017-12-31 | 31.04% |
| 2017-09-30 | 30.70% |
| 2017-06-30 | 33.69% |
| 2017-03-31 | 33.04% |
| 2016-12-31 | 21.77% |
| 2016-09-30 | 28.13% |
| 2016-06-30 | 26.01% |
| 2016-03-31 | 17.99% |
| 2015-12-31 | 25.37% |
| 2015-09-30 | 31.59% |
| 2015-06-30 | 33.60% |
| 2015-03-31 | 33.33% |
| 2014-12-31 | 28.77% |
| 2014-09-30 | 32.23% |
| 2014-06-30 | 34.49% |
| 2014-03-31 | 37.05% |
| 2013-12-31 | 32.16% |
| 2013-09-30 | 34.21% |
| 2013-06-30 | 35.45% |
| 2013-03-31 | 39.65% |
| 2012-12-31 | 41.67% |
| 2012-09-30 | 36.82% |
| 2012-06-30 | 40.48% |
| 2012-03-31 | 39.36% |
| 2011-12-31 | 29.31% |
| 2011-09-30 | 32.88% |
| 2011-06-30 | 31.85% |
| 2011-03-31 | 32.38% |
| 2010-12-31 | 28.57% |
| 2010-09-30 | 26.29% |
| 2010-06-30 | 26.02% |
| 2010-03-31 | 26.85% |
| 2009-12-31 | 19.47% |
| 2009-09-30 | 21.69% |
| 2009-06-30 | 22.39% |
| 2009-03-31 | 22.53% |
| 2008-12-31 | 11.75% |
| 2008-09-30 | 20.13% |
| 2008-06-30 | -1.67% |
| 2008-03-31 | 24.07% |
| 2007-12-31 | 19.42% |
| 2007-09-30 | 22.00% |
| 2007-06-30 | 21.84% |
| 2007-03-31 | 22.39% |
| 2006-12-31 | 21.64% |
| 2006-09-30 | 21.95% |
| 2006-06-30 | 25.49% |
| 2006-03-31 | 27.47% |
| 2005-12-31 | 24.99% |
| 2005-09-30 | 27.52% |
| 2005-06-30 | 28.13% |
| 2005-03-31 | 32.84% |
| 2004-12-31 | 28.60% |
| 2004-09-30 | 29.52% |
| 2004-06-30 | 33.00% |
| 2004-03-31 | 26.37% |
| 2003-12-31 | 26.19% |
| 2003-09-30 | 29.97% |
| 2003-06-30 | 27.61% |
| 2003-03-31 | 30.32% |
| 2002-12-31 | 27.01% |
| 2002-09-30 | 26.71% |
