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 1.72% is 48% above its 5-year average of 1.16%, near the high end of its 5-year range (0.74%–1.86%).
As of the fiscal period ended Tuesday, March 31, 2026. 32.28% above its 12-month average of 1.30%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
1.72%
OPERATING MARGIN AVG TTM
1.30%
OPERATING MARGIN AVG 3Y
1.05%
OPERATING MARGIN AVG 5Y
1.12%
OPERATING MARGIN AVG 10Y
1.13%
OPERATING MARGIN AVG 15Y
1.27%
OPERATING MARGIN AVG 20Y
1.26%
CURRENT VS TTM AVG
+32.28%
CURRENT VS 3Y AVG
+63.50%
CURRENT VS 5Y AVG
+52.60%
CURRENT VS 10Y AVG
+51.76%
CURRENT VS 15Y AVG
+34.73%
CURRENT VS 20Y AVG
+36.69%
SECTOR MEDIAN · HEALTHCARE
15.12%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
-88.65%
vs the sector median at left
Market Cap
$61.27B
Operating Margin
10.61%
TTM Avg
11.84%
3Y Avg
11.67%
5Y Avg
10.68%
Market Cap
$55.16B
Operating Margin
0.92%
TTM Avg
0.79%
3Y Avg
0.40%
5Y Avg
-0.13%
Market Cap
$70.74B
Operating Margin
21.46%
TTM Avg
17.76%
3Y Avg
16.30%
5Y Avg
14.57%
Market Cap
$51.23B
Operating Margin
28.09%
TTM Avg
26.16%
3Y Avg
28.11%
5Y Avg
28.79%
Market Cap
$46.16B
Operating Margin
32.03%
TTM Avg
30.27%
3Y Avg
29.30%
5Y Avg
28.64%
Market Cap
$79.59B
Operating Margin
25.56%
TTM Avg
26.52%
3Y Avg
32.61%
5Y Avg
38.03%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cencora, Inc. (COR) | $61.44B | 1.72% | 1.30% | 1.05% | 1.12% |
| Becton, Dickinson and Company (BDX)vs › | $61.27B | 10.61% | 11.84% | 11.67% | 10.68% |
| Cardinal Health, Inc. (CAH)vs › | $55.16B | 0.92% | 0.79% | 0.40% | -0.13% |
| Boston Scientific Corporation (BSX)vs › | $70.74B | 21.46% | 17.76% | 16.30% | 14.57% |
| Cigna Corporation (CI)vs › | $71.26B | 3.46% | 3.56% | 4.04% | 4.30% |
| Edwards Lifesciences Corporation (EW)vs › | $51.23B | 28.09% | 26.16% | 28.11% | 28.79% |
| IDEXX Laboratories, Inc. (IDXX)vs › | $46.16B | 32.03% | 30.27% | 29.30% | 28.64% |
| Humana Inc. (HUM)vs › | $43.44B | 1.51% | 1.25% | 2.37% | 3.27% |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $79.59B | 25.56% | 26.52% | 32.61% | 38.03% |
| Agilent Technologies, Inc. (A)vs › | $39.60B | 21.50% | 22.07% | 21.88% | 20.79% |
Gross Margin
3.5%
Operating Margin
1.7%
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 |
|---|---|
| 2026-03-31 | 1.72% |
| 2025-12-31 | 1.18% |
| 2025-09-30 | 1.02% |
| 2025-06-30 | 1.22% |
| 2025-03-31 | 1.35% |
| 2024-12-31 | 0.97% |
| 2024-09-30 | 0.85% |
| 2024-06-30 | 0.95% |
| 2024-03-31 | 1.27% |
| 2023-12-31 | 1.04% |
| 2023-09-30 | 0.74% |
| 2023-06-30 | 0.85% |
| 2023-03-31 | 1.15% |
| 2022-12-31 | 1.01% |
| 2022-09-30 | 0.90% |
| 2022-06-30 | 1.05% |
| 2022-03-31 | 1.48% |
| 2021-12-31 | 1.20% |
| 2021-09-30 | 1.11% |
| 2021-06-30 | 1.86% |
| 2021-03-31 | 1.43% |
| 2020-12-31 | 1.18% |
| 2020-09-30 | 1.07% |
| 2020-06-30 | 1.02% |
| 2020-03-31 | 1.27% |
| 2019-12-31 | 0.90% |
| 2019-09-30 | 0.77% |
| 2019-06-30 | 1.02% |
| 2019-03-31 | 1.43% |
| 2018-12-31 | 0.95% |
| 2018-09-30 | 0.59% |
| 2018-06-30 | 0.99% |
| 2018-03-31 | 1.26% |
| 2017-12-31 | 1.11% |
| 2017-09-30 | 1.30% |
| 2017-06-30 | 1.18% |
| 2017-03-31 | 1.71% |
| 2016-12-31 | 1.10% |
| 2016-09-30 | 1.33% |
| 2016-06-30 | 1.43% |
| 2016-03-31 | 2.66% |
| 2015-12-31 | -0.49% |
| 2015-09-30 | 4.02% |
| 2015-06-30 | 0.97% |
| 2015-03-31 | -1.11% |
| 2014-12-31 | -0.26% |
| 2014-09-30 | 1.94% |
| 2014-06-30 | 1.70% |
| 2014-03-31 | 2.49% |
| 2013-12-31 | 1.94% |
| 2013-09-30 | 0.89% |
| 2013-06-30 | 1.08% |
| 2013-03-31 | 2.21% |
| 2012-12-31 | 1.82% |
| 2012-09-30 | 1.64% |
| 2012-06-30 | 1.74% |
| 2012-03-31 | 1.99% |
| 2011-12-31 | 1.55% |
| 2011-09-30 | 1.19% |
| 2011-06-30 | 1.57% |
| 2011-03-31 | 1.85% |
| 2010-12-31 | 1.39% |
| 2010-09-30 | 1.26% |
| 2010-06-30 | 1.44% |
| 2010-03-31 | 1.61% |
| 2009-12-31 | 1.36% |
| 2009-09-30 | 1.28% |
| 2009-06-30 | 1.16% |
| 2009-03-31 | 1.43% |
| 2008-12-31 | 1.14% |
| 2008-09-30 | 1.13% |
| 2008-06-30 | 1.10% |
| 2008-03-31 | 1.33% |
| 2007-12-31 | 1.12% |
| 2007-09-30 | 0.90% |
| 2007-06-30 | 1.07% |
| 2007-03-31 | 1.34% |
| 2006-12-31 | 1.25% |
| 2006-09-30 | 1.25% |
| 2006-06-30 | 1.20% |
| 2006-03-31 | 1.30% |
| 2005-12-31 | 1.14% |
| 2005-09-30 | 1.03% |
| 2005-06-30 | 1.22% |
| 2005-03-31 | 1.34% |
| 2004-12-31 | 1.00% |
| 2004-09-30 | 1.28% |
| 2004-06-30 | 1.91% |
| 2004-03-31 | 1.93% |
| 2003-12-31 | 1.58% |
| 2003-09-30 | 1.82% |
| 2003-06-30 | 1.84% |
| 2003-03-31 | 1.94% |
| 2002-12-31 | 1.51% |
| 2002-09-30 | 1.67% |
| 2002-06-30 | 1.57% |
