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 18.19% is in line with its 5-year average of 19.96%, around the middle of its 5-year range (0.00%–26.68%).
5.83% below its 12-month average of 19.32%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 22.94%.
OPERATING MARGIN
18.19%
OPERATING MARGIN AVG TTM
19.32%
OPERATING MARGIN AVG 3Y
20.54%
OPERATING MARGIN AVG 5Y
19.96%
OPERATING MARGIN AVG 10Y
18.25%
OPERATING MARGIN AVG 15Y
18.16%
OPERATING MARGIN AVG 20Y
18.80%
CURRENT VS TTM AVG
-5.83%
CURRENT VS 3Y AVG
-11.45%
CURRENT VS 5Y AVG
-8.85%
CURRENT VS 10Y AVG
-0.32%
CURRENT VS 15Y AVG
+0.18%
CURRENT VS 20Y AVG
-3.26%
SECTOR MEDIAN · FINANCIAL SERVICES
23.64%
median of 103 covered companies
CURRENT VS SECTOR MEDIAN
-23.05%
vs the sector median at left
Market Cap
$128.67B
Operating Margin
16.23%
TTM Avg
15.23%
3Y Avg
10.05%
5Y Avg
10.98%
Market Cap
$128.58B
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$126.90B
Operating Margin
3.29%
TTM Avg
7.13%
3Y Avg
12.64%
5Y Avg
18.34%
Market Cap
$121.61B
Operating Margin
46.27%
TTM Avg
40.76%
3Y Avg
39.48%
5Y Avg
42.90%
Market Cap
$153.45B
Operating Margin
87.09%
TTM Avg
85.08%
3Y Avg
82.13%
5Y Avg
76.31%
Market Cap
$106.16B
Operating Margin
17.45%
TTM Avg
16.12%
3Y Avg
15.62%
5Y Avg
19.79%
Market Cap
$164.09B
Operating Margin
31.12%
TTM Avg
33.09%
3Y Avg
34.26%
5Y Avg
35.11%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chubb Limited (CB) | $131.89B | 18.19% | 19.32% | 20.54% | 19.96% |
| The Progressive Corporation (PGR)vs › | $128.67B | 16.23% | 15.23% | 10.05% | 10.98% |
| Vanguard Dividend Appreciation ETF (VIG)vs › | $128.58B | N/A | N/A | N/A | N/A |
| Capital One Financial Corporation (COF)vs › | $126.90B | 3.29% | 7.13% | 12.64% | 18.34% |
| S&P Global Inc. (SPGI)vs › | $121.61B | 46.27% | 40.76% | 39.48% | 42.90% |
| Blackstone Inc. (BX)vs › | $153.05B | 52.08% | 54.35% | 48.73% | 53.98% |
| Interactive Brokers Group, Inc. (IBKR)vs › | $153.45B | 87.09% | 85.08% | 82.13% | 76.31% |
| Bank of New York Mellon Corp (BNY)vs › | $106.16B | 17.45% | 16.12% | 15.62% | 19.79% |
| BlackRock, Inc. (BLK)vs › | $164.09B | 31.12% | 33.09% | 34.26% | 35.11% |
| Robinhood Markets, Inc. (HOOD)vs › | $99.30B | 46.03% | 41.27% | -4.33% | -17.73% |
Gross Margin
29.4%
Operating Margin
18.2%
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 | 22.94% |
| 2026-03-31 | 0.00% |
| 2025-12-31 | 24.64% |
| 2025-09-30 | 24.04% |
| 2025-06-30 | 24.97% |
| 2025-03-31 | 12.43% |
| 2024-12-31 | 22.00% |
| 2024-09-30 | 19.83% |
| 2024-06-30 | 19.42% |
| 2024-03-31 | 20.43% |
| 2023-12-31 | 19.73% |
| 2023-09-30 | 17.62% |
| 2023-06-30 | 18.47% |
| 2023-03-31 | 20.42% |
| 2022-12-31 | 14.38% |
| 2022-09-30 | 8.80% |
| 2022-06-30 | 14.94% |
| 2022-03-31 | 24.14% |
| 2021-12-31 | 24.28% |
| 2021-09-30 | 18.95% |
| 2021-06-30 | 26.68% |
| 2021-03-31 | 26.45% |
| 2020-12-31 | 27.80% |
| 2020-09-30 | 14.08% |
| 2020-06-30 | -4.35% |
| 2020-03-31 | 6.11% |
| 2019-12-31 | 15.32% |
| 2019-09-30 | 14.62% |
| 2019-06-30 | 15.93% |
| 2019-03-31 | 15.53% |
| 2018-12-31 | 6.76% |
| 2018-09-30 | 16.19% |
| 2018-06-30 | 17.79% |
| 2018-03-31 | 15.53% |
| 2017-12-31 | 14.31% |
| 2017-09-30 | -1.80% |
| 2017-06-30 | 18.53% |
| 2017-03-31 | 16.19% |
| 2016-12-31 | 22.91% |
| 2016-09-30 | 19.15% |
| 2016-06-30 | 11.15% |
| 2016-03-31 | 8.19% |
| 2015-12-31 | 15.98% |
| 2015-09-30 | 13.69% |
| 2015-06-30 | 21.47% |
| 2015-03-31 | 18.20% |
| 2014-12-31 | 16.62% |
| 2014-09-30 | 18.50% |
| 2014-06-30 | 18.87% |
| 2014-03-31 | 18.74% |
| 2013-12-31 | 21.37% |
| 2013-09-30 | 20.65% |
| 2013-06-30 | 21.43% |
| 2013-03-31 | 24.92% |
| 2012-12-31 | 13.36% |
| 2012-09-30 | 15.28% |
| 2012-06-30 | 12.17% |
| 2012-03-31 | 25.77% |
| 2011-12-31 | 19.47% |
| 2011-09-30 | 2.93% |
| 2011-06-30 | 16.81% |
| 2011-03-31 | 9.09% |
| 2010-12-31 | 25.72% |
| 2010-09-30 | 21.48% |
| 2010-06-30 | 21.78% |
| 2010-03-31 | 22.26% |
| 2009-12-31 | 27.18% |
| 2009-09-30 | 15.97% |
| 2009-06-30 | 17.93% |
| 2009-03-31 | 19.36% |
| 2008-12-31 | 3.45% |
| 2008-09-30 | 1.30% |
| 2008-06-30 | 23.03% |
| 2008-03-31 | 17.23% |
| 2007-12-31 | 20.40% |
| 2007-09-30 | 21.86% |
| 2007-06-30 | 23.47% |
| 2007-03-31 | 23.39% |
| 2006-12-31 | 22.74% |
| 2006-09-30 | 20.89% |
| 2006-06-30 | 21.50% |
| 2006-03-31 | 19.46% |
| 2005-12-31 | 7.53% |
| 2005-09-30 | -2.78% |
| 2005-06-30 | 18.26% |
| 2005-03-31 | 17.88% |
| 2004-12-31 | 7.69% |
| 2004-09-30 | 2.25% |
| 2004-06-30 | 18.00% |
| 2004-03-31 | 19.67% |
| 2003-12-31 | 16.28% |
| 2003-09-30 | 15.80% |
| 2003-06-30 | 17.47% |
| 2003-03-31 | 13.40% |
| 2002-12-31 | -15.44% |
| 2002-09-30 | -3.40% |
