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 -2.82% is 309% below its 5-year average of 1.35%, around the middle of its 5-year range (-13.99%–3.73%).
21.45% below its 12-month average of -2.32%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
-2.82%
OPERATING MARGIN AVG TTM
-2.32%
OPERATING MARGIN AVG 3Y
1.51%
OPERATING MARGIN AVG 5Y
1.35%
OPERATING MARGIN AVG 10Y
2.20%
OPERATING MARGIN AVG 15Y
2.11%
OPERATING MARGIN AVG 20Y
2.40%
CURRENT VS TTM AVG
-21.45%
CURRENT VS 3Y AVG
-287.34%
CURRENT VS 5Y AVG
-309.46%
CURRENT VS 10Y AVG
-228.36%
CURRENT VS 15Y AVG
-233.36%
CURRENT VS 20Y AVG
-217.27%
SECTOR MEDIAN · HEALTHCARE
14.90%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
-118.93%
vs the sector median at left
Market Cap
$30.59B
Operating Margin
28.22%
TTM Avg
28.07%
3Y Avg
28.30%
5Y Avg
28.33%
Market Cap
$29.76B
Operating Margin
12.70%
TTM Avg
13.37%
3Y Avg
13.23%
5Y Avg
14.11%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Centene Corp. (CNC) | $31.13B | -2.82% | -2.32% | 1.51% | 1.35% |
| Biogen Inc. (BIIB)vs › | $31.30B | 12.79% | 22.44% | 23.65% | 25.70% |
| Zoetis Inc. (ZTS)vs › | $30.88B | 37.00% | 37.33% | 36.70% | 36.14% |
| Waters Corporation (WAT)vs › | $30.59B | 28.22% | 28.07% | 28.30% | 28.33% |
| DexCom, Inc. (DXCM)vs › | $31.74B | 22.92% | 17.22% | 16.09% | 15.13% |
| ResMed Inc. (RMD)vs › | $31.90B | 33.48% | 33.11% | 30.30% | 29.57% |
| GE HealthCare Technologies Inc. (GEHC)vs › | $29.76B | 12.70% | 13.37% | 13.23% | 14.11% |
| Medline Inc. (MDLN)vs › | $29.34B | 6.07% | 8.25% | 6.70% | 6.70% |
| Alcon Inc. (ALC)vs › | $33.72B | 9.87% | 13.67% | 11.51% | 7.66% |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $34.15B | 20.81% | 2.82% | -21.37% | -56.25% |
Gross Margin
16.1%
Operating Margin
-2.8%
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 |
|---|---|
| 2026-06-30 | 3.10% |
| 2026-03-31 | 3.73% |
| 2025-12-31 | -3.50% |
| 2025-09-30 | -13.99% |
| 2025-06-30 | -0.94% |
| 2025-03-31 | 3.29% |
| 2024-12-31 | 0.43% |
| 2024-09-30 | 1.58% |
| 2024-06-30 | 3.09% |
| 2024-03-31 | 2.74% |
| 2023-12-31 | -0.49% |
| 2023-09-30 | 1.93% |
| 2023-06-30 | 3.11% |
| 2023-03-31 | 3.13% |
| 2022-12-31 | -0.79% |
| 2022-09-30 | 1.33% |
| 2022-06-30 | -0.36% |
| 2022-03-31 | 3.37% |
| 2021-12-31 | 1.85% |
| 2021-09-30 | 1.68% |
| 2021-06-30 | -1.35% |
| 2021-03-31 | 3.52% |
| 2020-12-31 | 0.05% |
| 2020-09-30 | 2.96% |
| 2020-06-30 | 7.28% |
| 2020-03-31 | 0.72% |
| 2019-12-31 | 1.47% |
| 2019-09-30 | 0.93% |
| 2019-06-30 | 3.50% |
| 2019-03-31 | 3.71% |
| 2018-12-31 | 2.34% |
| 2018-09-30 | 0.25% |
| 2018-06-30 | 3.45% |
| 2018-03-31 | 4.09% |
| 2017-12-31 | 1.41% |
| 2017-09-30 | 2.86% |
| 2017-06-30 | 3.66% |
| 2017-03-31 | 2.05% |
| 2016-12-31 | 4.37% |
| 2016-09-30 | 3.15% |
| 2016-06-30 | 3.46% |
| 2016-03-31 | 0.29% |
| 2015-12-31 | 3.49% |
| 2015-09-30 | 3.14% |
| 2015-06-30 | 3.14% |
| 2015-03-31 | 2.51% |
| 2014-12-31 | 4.09% |
| 2014-09-30 | 2.48% |
| 2014-06-30 | 2.31% |
| 2014-03-31 | 2.02% |
| 2013-12-31 | 3.28% |
| 2013-09-30 | 3.00% |
| 2013-06-30 | 2.63% |
| 2013-03-31 | 1.57% |
| 2012-12-31 | 0.55% |
| 2012-09-30 | -1.13% |
| 2012-06-30 | -2.21% |
| 2012-03-31 | 2.00% |
| 2011-12-31 | 3.14% |
| 2011-09-30 | 3.73% |
| 2011-06-30 | 4.21% |
| 2011-03-31 | 3.21% |
| 2010-12-31 | 3.85% |
| 2010-09-30 | 3.59% |
| 2010-06-30 | 3.87% |
| 2010-03-31 | 2.77% |
| 2009-12-31 | 3.46% |
| 2009-09-30 | 3.66% |
| 2009-06-30 | 3.02% |
| 2009-03-31 | 3.32% |
| 2008-12-31 | 4.31% |
| 2008-09-30 | 3.72% |
| 2008-06-30 | 3.38% |
| 2008-03-31 | 4.66% |
| 2007-12-31 | -0.39% |
| 2007-09-30 | 3.19% |
| 2007-06-30 | 1.93% |
| 2007-03-31 | 2.38% |
| 2006-12-31 | 2.69% |
| 2006-09-30 | -10.54% |
| 2006-06-30 | 1.27% |
| 2006-03-31 | 2.77% |
| 2005-12-31 | 4.82% |
| 2005-09-30 | 3.78% |
| 2005-06-30 | 6.38% |
| 2005-03-31 | 6.41% |
| 2004-12-31 | 6.06% |
| 2004-09-30 | 6.49% |
| 2004-06-30 | 6.82% |
| 2004-03-31 | 6.51% |
| 2003-12-31 | 6.65% |
| 2003-09-30 | 6.36% |
| 2003-06-30 | 5.55% |
| 2003-03-31 | 5.72% |
| 2002-12-31 | 6.77% |
| 2002-09-30 | 6.90% |
