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 26.78% is in line with its 5-year average of 28.86%, around the middle of its 5-year range (-3.57%–46.54%).
0.34% above its 12-month average of 26.69%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 29.07%.
OPERATING MARGIN
26.78%
OPERATING MARGIN AVG TTM
26.69%
OPERATING MARGIN AVG 3Y
24.18%
OPERATING MARGIN AVG 5Y
28.86%
OPERATING MARGIN AVG 10Y
29.70%
OPERATING MARGIN AVG 15Y
28.25%
OPERATING MARGIN AVG 20Y
25.72%
CURRENT VS TTM AVG
+0.34%
CURRENT VS 3Y AVG
+10.73%
CURRENT VS 5Y AVG
-7.22%
CURRENT VS 10Y AVG
-9.82%
CURRENT VS 15Y AVG
-5.22%
CURRENT VS 20Y AVG
+4.12%
SECTOR MEDIAN · FINANCIAL SERVICES
17.91%
median of 411 covered companies
CURRENT VS SECTOR MEDIAN
+49.53%
vs the sector median at left
Columbia Banking System, Inc.
Market Cap
$8.16B
Operating Margin
26.78%
TTM Avg
26.69%
3Y Avg
24.18%
5Y Avg
28.86%
Market Cap
$8.04B
Operating Margin
35.00%
TTM Avg
33.34%
3Y Avg
34.63%
5Y Avg
36.33%
Market Cap
$7.79B
Operating Margin
23.41%
TTM Avg
20.61%
3Y Avg
24.17%
5Y Avg
27.95%
Market Cap
$7.66B
Operating Margin
43.49%
TTM Avg
41.47%
3Y Avg
41.47%
5Y Avg
41.47%
Market Cap
$7.57B
Operating Margin
35.90%
TTM Avg
33.14%
3Y Avg
30.23%
5Y Avg
28.61%
Market Cap
$8.89B
Operating Margin
3.48%
TTM Avg
6.71%
3Y Avg
7.46%
5Y Avg
16.68%
Market Cap
$7.33B
Operating Margin
-101.10%
TTM Avg
-77.76%
3Y Avg
-122.25%
5Y Avg
-83.27%
Market Cap
$9.17B
Operating Margin
16.11%
TTM Avg
14.32%
3Y Avg
12.85%
5Y Avg
12.50%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Columbia Banking System, Inc. (COLB) | $8.16B | 26.78% | 26.69% | 24.18% | 28.86% |
| Commerce Bancshares, Inc. (CBSH)vs › | $8.04B | 35.00% | 33.34% | 34.63% | 36.33% |
| BOK Financial Corporation (BOKF)vs › | $7.79B | 23.41% | 20.61% | 24.17% | 27.95% |
| Central Bancompany (CBC)vs › | $7.66B | 43.49% | 41.47% | 41.47% | 41.47% |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.57B | 35.90% | 33.14% | 30.23% | 28.61% |
| Galaxy Digital (GLXY)vs › | $7.51B | 0.80% | 1.29% | 0.65% | 0.43% |
| Voya Financial, Inc. (VOYA)vs › | $8.89B | 3.48% | 6.71% | 7.46% | 16.68% |
| TeraWulf Inc. (WULF)vs › | $7.33B | -101.10% | -77.76% | -122.25% | -83.27% |
| FirstCash Holdings, Inc (FCFS)vs › | $9.17B | 16.11% | 14.32% | 12.85% | 12.50% |
| Valley National Bancorp (VLY)vs › | $7.07B | 14.48% | 16.79% | 22.39% | 27.74% |
Operating Margin
26.8%
Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
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 | 29.07% |
| 2026-03-31 | 29.96% |
| 2025-12-31 | 32.17% |
| 2025-09-30 | 14.57% |
| 2025-06-30 | 27.68% |
| 2025-03-31 | 17.35% |
| 2024-12-31 | 26.48% |
| 2024-09-30 | 25.65% |
| 2024-06-30 | 21.76% |
| 2024-03-31 | 23.02% |
| 2023-12-31 | 16.78% |
| 2023-09-30 | 24.86% |
| 2023-06-30 | 25.03% |
| 2023-03-31 | -3.57% |
| 2022-12-31 | 29.04% |
| 2022-09-30 | 33.49% |
| 2022-06-30 | 33.75% |
| 2022-03-31 | 38.46% |
| 2021-12-31 | 36.20% |
| 2021-09-30 | 45.39% |
| 2021-06-30 | 46.54% |
| 2021-03-31 | 41.25% |
| 2020-12-31 | 38.88% |
| 2020-09-30 | 42.39% |
| 2020-06-30 | 16.29% |
| 2020-03-31 | -589.86% |
| 2019-12-31 | 30.31% |
| 2019-09-30 | 29.61% |
| 2019-06-30 | 36.99% |
| 2019-03-31 | 29.92% |
| 2018-12-31 | 31.68% |
| 2018-09-30 | 35.20% |
| 2018-06-30 | 26.81% |
| 2018-03-31 | 31.68% |
| 2017-12-31 | 27.30% |
| 2017-09-30 | 31.09% |
| 2017-06-30 | 29.40% |
| 2017-03-31 | 25.53% |
| 2016-12-31 | 33.93% |
| 2016-09-30 | 31.36% |
| 2016-06-30 | 28.11% |
| 2016-03-31 | 26.86% |
| 2015-12-31 | 32.38% |
| 2015-09-30 | 30.22% |
| 2015-06-30 | 27.33% |
| 2015-03-31 | 25.34% |
| 2014-12-31 | 28.35% |
| 2014-09-30 | 30.19% |
| 2014-06-30 | 10.70% |
| 2014-03-31 | 20.54% |
| 2013-12-31 | 27.11% |
| 2013-09-30 | 25.49% |
| 2013-06-30 | 29.22% |
| 2013-03-31 | 25.49% |
| 2012-12-31 | 29.07% |
| 2012-09-30 | 26.69% |
| 2012-06-30 | 24.71% |
| 2012-03-31 | 28.24% |
| 2011-12-31 | 22.88% |
| 2011-09-30 | 21.53% |
| 2011-06-30 | 17.94% |
| 2011-03-31 | 13.65% |
| 2010-12-31 | 7.53% |
| 2010-09-30 | 7.16% |
| 2010-06-30 | 4.67% |
| 2010-03-31 | 3.85% |
| 2009-12-31 | -36.12% |
| 2009-09-30 | -16.61% |
| 2009-06-30 | -77.29% |
| 2009-03-31 | -23.45% |
| 2008-12-31 | 4.54% |
| 2008-09-30 | 11.39% |
| 2008-06-30 | 11.02% |
| 2008-03-31 | 25.29% |
| 2007-12-31 | 9.07% |
| 2007-09-30 | 13.05% |
| 2007-06-30 | 22.30% |
| 2007-03-31 | 25.27% |
| 2006-12-31 | 29.27% |
| 2006-09-30 | 26.70% |
| 2006-06-30 | 29.02% |
| 2006-03-31 | 29.56% |
| 2005-12-31 | 31.49% |
| 2005-09-30 | 35.06% |
| 2005-06-30 | 31.64% |
| 2005-03-31 | 31.99% |
| 2004-12-31 | 25.71% |
| 2004-09-30 | 27.85% |
| 2004-06-30 | 29.65% |
| 2004-03-31 | 28.17% |
| 2003-12-31 | 29.34% |
| 2003-09-30 | 30.49% |
| 2003-06-30 | 27.26% |
| 2003-03-31 | 28.67% |
| 2002-12-31 | 27.11% |
| 2002-09-30 | 29.25% |
