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 4.78% is in line with its 5-year average of 4.52%, around the middle of its 5-year range (1.08%–7.96%).
As of the fiscal period ended Tuesday, March 31, 2026. 8.31% above its 12-month average of 4.42%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
4.78%
OPERATING MARGIN AVG TTM
4.42%
OPERATING MARGIN AVG 3Y
5.22%
OPERATING MARGIN AVG 5Y
4.52%
OPERATING MARGIN AVG 10Y
4.28%
OPERATING MARGIN AVG 15Y
3.27%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+8.31%
CURRENT VS 3Y AVG
-8.47%
CURRENT VS 5Y AVG
+5.68%
CURRENT VS 10Y AVG
+11.81%
CURRENT VS 15Y AVG
+46.28%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
10.96%
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
-56.39%
vs the sector median at left
BYD Company Limited
Market Cap
$105.59B
Operating Margin
4.78%
TTM Avg
4.42%
3Y Avg
5.22%
5Y Avg
4.52%
Market Cap
$107.78B
Operating Margin
20.81%
TTM Avg
21.89%
3Y Avg
20.13%
5Y Avg
-3.09%
Market Cap
$93.40B
Operating Margin
8.26%
TTM Avg
11.87%
3Y Avg
12.07%
5Y Avg
9.62%
Market Cap
$91.24B
Operating Margin
15.80%
TTM Avg
15.41%
3Y Avg
15.95%
5Y Avg
12.87%
Market Cap
$120.30B
Operating Margin
9.43%
TTM Avg
12.29%
3Y Avg
13.81%
5Y Avg
13.10%
Market Cap
$122.23B
Operating Margin
11.55%
TTM Avg
11.93%
3Y Avg
12.56%
5Y Avg
12.52%
Market Cap
$83.31B
Operating Margin
27.32%
TTM Avg
26.14%
3Y Avg
16.08%
5Y Avg
-66.10%
Market Cap
$82.15B
Operating Margin
12.22%
TTM Avg
12.07%
3Y Avg
11.53%
5Y Avg
10.31%
Market Cap
$130.46B
Operating Margin
22.17%
TTM Avg
24.55%
3Y Avg
24.02%
5Y Avg
14.61%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BYD Company Limited (BYDDY) | $105.59B | 4.78% | 4.42% | 5.22% | 4.52% |
| Airbnb, Inc. (ABNB)vs › | $107.78B | 20.81% | 21.89% | 20.13% | -3.09% |
| MercadoLibre, Inc. (MELI)vs › | $93.40B | 8.26% | 11.87% | 12.07% | 9.62% |
| Marriott International, Inc. (MAR)vs › | $91.24B | 15.80% | 15.41% | 15.95% | 12.87% |
| Starbucks Corporation (SBUX)vs › | $120.30B | 9.43% | 12.29% | 13.81% | 13.10% |
| Lowe's Companies, Inc. (LOW)vs › | $122.23B | 11.55% | 11.93% | 12.56% | 12.52% |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $83.31B | 27.32% | 26.14% | 16.08% | -66.10% |
| Ross Stores, Inc. (ROST)vs › | $82.15B | 12.22% | 12.07% | 11.53% | 10.31% |
| PDD Holdings Inc. (PDD)vs › | $130.46B | 22.17% | 24.55% | 24.02% | 14.61% |
| General Motors Company (GM)vs › | $78.60B | 0.98% | 4.20% | 5.10% | 5.52% |
Gross Margin
17.0%
Operating Margin
4.8%
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 | 4.78% |
| 2025-12-31 | 4.06% |
| 2025-09-30 | 2.94% |
| 2025-06-30 | 3.83% |
| 2025-03-31 | 6.47% |
| 2024-12-31 | 6.82% |
| 2024-09-30 | 7.17% |
| 2024-06-30 | 4.61% |
| 2024-03-31 | 2.48% |
| 2023-12-31 | 6.37% |
| 2023-09-30 | 7.96% |
| 2023-06-30 | 6.03% |
| 2023-03-31 | 4.41% |
| 2022-12-31 | 6.05% |
| 2022-09-30 | 6.37% |
| 2022-06-30 | 4.25% |
| 2022-03-31 | 1.59% |
| 2021-12-31 | 1.08% |
| 2021-09-30 | 3.04% |
| 2021-06-30 | 3.15% |
| 2021-03-31 | 1.58% |
| 2020-12-31 | 2.49% |
| 2020-09-30 | 6.41% |
| 2020-06-30 | 6.30% |
| 2020-03-31 | 1.90% |
| 2019-12-31 | 0.76% |
| 2019-09-30 | 0.84% |
| 2019-06-30 | 2.43% |
| 2019-03-31 | 3.35% |
| 2018-12-31 | 4.73% |
| 2018-09-30 | 3.79% |
| 2018-06-30 | 2.49% |
| 2018-03-31 | 1.01% |
| 2017-12-31 | 4.08% |
| 2017-09-30 | 5.22% |
| 2017-06-30 | 7.34% |
| 2017-03-31 | 3.96% |
| 2016-12-31 | 5.03% |
| 2016-09-30 | 5.94% |
| 2016-06-30 | 6.91% |
| 2016-03-31 | 5.34% |
| 2015-12-31 | 2.87% |
| 2015-09-30 | 10.70% |
| 2015-06-30 | 2.18% |
| 2015-03-31 | 0.70% |
| 2014-12-31 | -0.77% |
| 2014-09-30 | -2.74% |
| 2014-06-30 | 2.20% |
| 2014-03-31 | 0.03% |
| 2013-12-31 | -1.14% |
| 2013-09-30 | -0.04% |
| 2013-06-30 | 1.07% |
| 2013-03-31 | 1.02% |
| 2012-12-31 | -1.05% |
| 2012-09-30 | -0.70% |
| 2012-06-30 | -1.04% |
| 2012-03-31 | 0.35% |
| 2011-12-31 | 6.76% |
| 2011-09-30 | 0.87% |
| 2011-06-30 | -0.16% |
| 2011-03-31 | 2.95% |
| 2010-12-31 | -0.06% |
| 2010-09-30 | 1.34% |
| 2010-06-30 | 6.83% |
| 2010-03-31 | 13.68% |
