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 7.05% is 34% below its 5-year average of 10.71%, near the low end of its 5-year range (1.12%–37.32%).
11.01% below its 12-month average of 7.92%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 12.12%.
OPERATING MARGIN
7.05%
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
-11.01%
CURRENT VS 3Y AVG
-23.76%
CURRENT VS 5Y AVG
-34.16%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
11.95%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-40.98%
vs the sector median at left
Carrier Global Corporation
Market Cap
$45.42B
Operating Margin
7.05%
TTM Avg
7.92%
3Y Avg
9.25%
5Y Avg
10.71%
Market Cap
$44.54B
Operating Margin
10.04%
TTM Avg
9.64%
3Y Avg
9.52%
5Y Avg
10.34%
Market Cap
$44.51B
Operating Margin
24.04%
TTM Avg
22.17%
3Y Avg
22.07%
5Y Avg
21.76%
Market Cap
$43.27B
Operating Margin
24.04%
TTM Avg
22.17%
3Y Avg
22.07%
5Y Avg
21.76%
Market Cap
$42.98B
Operating Margin
27.64%
TTM Avg
27.84%
3Y Avg
29.41%
5Y Avg
28.25%
Market Cap
$48.17B
Operating Margin
21.69%
TTM Avg
16.18%
3Y Avg
17.07%
5Y Avg
15.99%
Market Cap
$49.37B
Operating Margin
16.54%
TTM Avg
16.11%
3Y Avg
14.35%
5Y Avg
13.08%
Market Cap
$40.70B
Operating Margin
-38.03%
TTM Avg
-40.77%
3Y Avg
-54.59%
5Y Avg
-89.77%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carrier Global Corporation (CARR) | $45.42B | 7.05% | 7.92% | 9.25% | 10.71% |
| L3Harris Technologies, Inc. (LHX)vs › | $44.54B | 10.04% | 9.64% | 9.52% | 10.34% |
| HEICO Corporation (HEI-A)vs › | $44.51B | 24.04% | 22.17% | 22.07% | 21.76% |
| HEICO Corporation (HEI)vs › | $43.27B | 24.04% | 22.17% | 22.07% | 21.76% |
| Thomson Reuters Corporation (TRI)vs › | $42.98B | 27.64% | 27.84% | 29.41% | 28.25% |
| Ferguson plc (FERG)vs › | $42.89B | 9.01% | 9.34% | 9.14% | 9.16% |
| Rockwell Automation, Inc. (ROK)vs › | $48.17B | 21.69% | 16.18% | 17.07% | 15.99% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.37B | 16.54% | 16.11% | 14.35% | 13.08% |
| Rocket Lab USA, Inc. (RKLB)vs › | $40.70B | -38.03% | -40.77% | -54.59% | -89.77% |
| Ferrovial SE (FER)vs › | $40.10B | 10.04% | 9.74% | 7.94% | 6.55% |
Gross Margin
24.3%
Operating Margin
7.0%
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% |
