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 15.70% is in line with its 5-year average of 14.93%, around the middle of its 5-year range (8.07%–19.71%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.48% below its 12-month average of 15.77%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
15.70%
OPERATING MARGIN AVG TTM
15.77%
OPERATING MARGIN AVG 3Y
16.25%
OPERATING MARGIN AVG 5Y
15.27%
OPERATING MARGIN AVG 10Y
10.41%
OPERATING MARGIN AVG 15Y
12.33%
OPERATING MARGIN AVG 20Y
12.12%
CURRENT VS TTM AVG
-0.48%
CURRENT VS 3Y AVG
-3.39%
CURRENT VS 5Y AVG
+2.79%
CURRENT VS 10Y AVG
+50.81%
CURRENT VS 15Y AVG
+27.26%
CURRENT VS 20Y AVG
+29.54%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.61%
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
+47.94%
vs the sector median at left
Chipotle Mexican Grill, Inc.
Market Cap
$47.77B
Operating Margin
15.70%
TTM Avg
15.77%
3Y Avg
16.25%
5Y Avg
15.27%
Market Cap
$42.25B
Operating Margin
30.99%
TTM Avg
31.31%
3Y Avg
31.84%
5Y Avg
31.07%
Market Cap
$40.01B
Operating Margin
11.64%
TTM Avg
14.77%
3Y Avg
17.54%
5Y Avg
17.35%
Market Cap
$38.09B
Operating Margin
16.34%
TTM Avg
15.56%
3Y Avg
1.05%
5Y Avg
-87.64%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chipotle Mexican Grill, Inc. (CMG) | $47.77B | 15.70% | 15.77% | 16.25% | 15.27% |
| JD.com, Inc. (JD)vs › | $46.34B | -0.30% | 1.77% | 1.96% | 1.66% |
| AutoZone, Inc. (AZO)vs › | $49.24B | 18.02% | 19.77% | 19.82% | 19.94% |
| eBay Inc. (EBAY)vs › | $50.62B | 19.58% | 21.52% | 21.56% | 23.99% |
| Yum! Brands, Inc. (YUM)vs › | $42.25B | 30.99% | 31.31% | 31.84% | 31.07% |
| D.R. Horton, Inc. (DHI)vs › | $40.01B | 11.64% | 14.77% | 17.54% | 17.35% |
| Carnival Corporation & plc (CCL)vs › | $38.09B | 16.34% | 15.56% | 1.05% | -87.64% |
| Ford Motor Company (F)vs › | $58.54B | 1.97% | 2.05% | 2.80% | 1.88% |
| NIKE, Inc. (NKE)vs › | $61.72B | 8.19% | 8.09% | 10.00% | 11.65% |
| Expedia Group, Inc. (EXPE)vs › | $33.75B | 16.15% | 12.16% | 10.42% | 2.41% |
Gross Margin
25.4%
Operating Margin
15.7%
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 | 15.70% |
| 2026-03-31 | 12.86% |
| 2025-12-31 | 14.94% |
| 2025-09-30 | 16.59% |
| 2025-06-30 | 18.77% |
| 2025-03-31 | 17.17% |
| 2024-12-31 | 14.61% |
| 2024-09-30 | 16.94% |
| 2024-06-30 | 19.71% |
| 2024-03-31 | 16.33% |
| 2023-12-31 | 14.44% |
| 2023-09-30 | 15.98% |
| 2023-06-30 | 17.17% |
| 2023-03-31 | 15.52% |
| 2022-12-31 | 13.59% |
| 2022-09-30 | 15.15% |
| 2022-06-30 | 15.25% |
| 2022-03-31 | 9.41% |
| 2021-12-31 | 8.07% |
| 2021-09-30 | 12.28% |
| 2021-06-30 | 12.97% |
| 2021-03-31 | 9.27% |
| 2020-12-31 | 7.27% |
| 2020-09-30 | 6.69% |
| 2020-06-30 | -0.36% |
| 2020-03-31 | 5.04% |
| 2019-12-31 | 6.82% |
| 2019-09-30 | 8.24% |
| 2019-06-30 | 8.37% |
| 2019-03-31 | 8.42% |
| 2018-12-31 | 3.23% |
| 2018-09-30 | 4.73% |
| 2018-06-30 | 5.37% |
| 2018-03-31 | 8.08% |
| 2017-12-31 | 5.41% |
| 2017-09-30 | 2.74% |
| 2017-06-30 | 9.13% |
| 2017-03-31 | 6.85% |
| 2016-12-31 | 2.95% |
| 2016-09-30 | 0.94% |
| 2016-06-30 | 4.10% |
| 2016-03-31 | -5.58% |
| 2015-12-31 | 10.39% |
| 2015-09-30 | 19.29% |
| 2015-06-30 | 18.99% |
| 2015-03-31 | 18.16% |
| 2014-12-31 | 17.56% |
| 2014-09-30 | 19.13% |
| 2014-06-30 | 17.13% |
| 2014-03-31 | 15.00% |
| 2013-12-31 | 15.29% |
| 2013-09-30 | 16.59% |
| 2013-06-30 | 17.93% |
| 2013-03-31 | 16.52% |
| 2012-12-31 | 14.62% |
| 2012-09-30 | 16.80% |
| 2012-06-30 | 19.36% |
| 2012-03-31 | 15.96% |
| 2011-12-31 | 15.73% |
| 2011-09-30 | 16.56% |
| 2011-06-30 | 44.58% |
| 2011-03-31 | 14.69% |
| 2010-12-31 | 15.33% |
| 2010-09-30 | 16.27% |
| 2010-06-30 | 16.06% |
| 2010-03-31 | 14.96% |
| 2009-12-31 | 13.00% |
| 2009-09-30 | 14.14% |
| 2009-06-30 | 14.74% |
| 2009-03-31 | 11.62% |
| 2008-12-31 | 6.56% |
| 2008-09-30 | 9.12% |
| 2008-06-30 | 11.24% |
| 2008-03-31 | 8.78% |
| 2007-12-31 | 9.66% |
| 2007-09-30 | 10.96% |
| 2007-06-30 | 11.18% |
| 2007-03-31 | 7.90% |
| 2006-12-31 | 7.05% |
| 2006-09-30 | 8.45% |
| 2006-06-30 | 7.74% |
| 2006-03-31 | 6.81% |
| 2005-12-31 | 4.46% |
| 2005-09-30 | 6.27% |
