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 12.12% is in line with its 5-year average of 12.34%, around the middle of its 5-year range (1.12%–37.32%).
As of the fiscal period ended Tuesday, June 30, 2026. 53.04% above its 12-month average of 7.92%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
12.12%
OPERATING MARGIN AVG TTM
7.92%
OPERATING MARGIN AVG 3Y
9.25%
OPERATING MARGIN AVG 5Y
10.71%
OPERATING MARGIN AVG 10Y
N/A
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+53.04%
CURRENT VS 3Y AVG
+31.11%
CURRENT VS 5Y AVG
+13.23%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
14.09%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-13.95%
vs the sector median at left
Carrier Global Corporation
Market Cap
$52.77B
Operating Margin
12.12%
TTM Avg
7.92%
3Y Avg
9.25%
5Y Avg
10.71%
Market Cap
$53.38B
Operating Margin
10.04%
TTM Avg
9.64%
3Y Avg
9.52%
5Y Avg
10.34%
Market Cap
$53.41B
Operating Margin
18.71%
TTM Avg
18.71%
3Y Avg
18.71%
5Y Avg
18.71%
Market Cap
$51.29B
Operating Margin
23.50%
TTM Avg
22.17%
3Y Avg
22.07%
5Y Avg
21.76%
Market Cap
$49.29B
Operating Margin
16.54%
TTM Avg
16.11%
3Y Avg
14.35%
5Y Avg
13.08%
Market Cap
$49.08B
Operating Margin
21.69%
TTM Avg
16.18%
3Y Avg
17.07%
5Y Avg
15.99%
Market Cap
$47.95B
Operating Margin
-33.20%
TTM Avg
-40.77%
3Y Avg
-54.59%
5Y Avg
-89.77%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carrier Global Corporation (CARR) | $52.77B | 12.12% | 7.92% | 9.25% | 10.71% |
| L3Harris Technologies, Inc. (LHX)vs › | $53.38B | 10.04% | 9.64% | 9.52% | 10.34% |
| Honeywell Aerospace Inc (HONA)vs › | $53.41B | 18.71% | 18.71% | 18.71% | 18.71% |
| HEICO Corporation (HEI-A)vs › | $51.29B | 23.50% | 22.17% | 22.07% | 21.76% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.29B | 16.54% | 16.11% | 14.35% | 13.08% |
| Rockwell Automation, Inc. (ROK)vs › | $49.08B | 21.69% | 16.18% | 17.07% | 15.99% |
| Ferrovial SE (FER)vs › | $48.24B | 9.64% | 23.11% | 14.79% | 13.99% |
| Rocket Lab USA, Inc. (RKLB)vs › | $47.95B | -33.20% | -40.77% | -54.59% | -89.77% |
| AMETEK, Inc. (AME)vs › | $58.14B | 26.13% | 25.89% | 25.52% | 24.72% |
| Fastenal Company (FAST)vs › | $59.49B | 20.29% | 20.10% | 20.46% | 20.38% |
Gross Margin
24.3%
Operating Margin
12.1%
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 | 12.12% |
| 2026-03-31 | 4.49% |
| 2025-12-31 | 1.12% |
| 2025-09-30 | 8.87% |
| 2025-06-30 | 13.01% |
| 2025-03-31 | 10.79% |
| 2024-12-31 | 7.36% |
| 2024-09-30 | 12.75% |
| 2024-06-30 | 12.20% |
| 2024-03-31 | 7.10% |
| 2023-12-31 | 11.90% |
| 2023-09-30 | 10.33% |
| 2023-06-30 | 8.16% |
| 2023-03-31 | 10.53% |
| 2022-12-31 | 8.48% |
| 2022-09-30 | 27.99% |
| 2022-06-30 | 15.72% |
| 2022-03-31 | 37.32% |
| 2021-12-31 | 9.02% |
| 2021-09-30 | 15.50% |
| 2021-06-30 | 14.39% |
| 2021-03-31 | 12.15% |
| 2020-12-31 | 27.10% |
| 2020-09-30 | 21.61% |
| 2020-06-30 | 11.13% |
| 2020-03-31 | 8.10% |
| 2019-12-31 | 12.38% |
| 2019-09-30 | 13.04% |
| 2019-06-30 | 16.22% |
| 2019-03-31 | 11.57% |
