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 22.47% is 133% above its 5-year average of 9.65%, near the high end of its 5-year range (-16.79%–24.32%).
2.55% above its 12-month average of 21.91%.
Reported quarterly operating margin; no daily interpolation. Q4 FY2026 (2026-06-30): 24.32%.
OPERATING MARGIN
22.47%
OPERATING MARGIN AVG TTM
21.91%
OPERATING MARGIN AVG 3Y
16.66%
OPERATING MARGIN AVG 5Y
9.65%
OPERATING MARGIN AVG 10Y
9.45%
OPERATING MARGIN AVG 15Y
8.35%
OPERATING MARGIN AVG 20Y
9.11%
CURRENT VS TTM AVG
+2.55%
CURRENT VS 3Y AVG
+34.85%
CURRENT VS 5Y AVG
+132.78%
CURRENT VS 10Y AVG
+137.70%
CURRENT VS 15Y AVG
+169.16%
CURRENT VS 20Y AVG
+146.67%
SECTOR MEDIAN · BASIC MATERIALS
16.68%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+34.67%
vs the sector median at left
Carpenter Technology Corporation
Market Cap
$20.16B
Operating Margin
22.47%
TTM Avg
21.91%
3Y Avg
16.66%
5Y Avg
9.65%
Market Cap
$20.49B
Operating Margin
7.88%
TTM Avg
7.83%
3Y Avg
10.53%
5Y Avg
10.70%
Market Cap
$20.51B
Operating Margin
24.83%
TTM Avg
24.18%
3Y Avg
34.53%
5Y Avg
31.19%
Market Cap
$20.51B
Operating Margin
38.12%
TTM Avg
31.40%
3Y Avg
37.10%
5Y Avg
32.72%
Market Cap
$20.68B
Operating Margin
3.24%
TTM Avg
1.71%
3Y Avg
5.24%
5Y Avg
6.88%
Market Cap
$20.68B
Operating Margin
35.02%
TTM Avg
25.93%
3Y Avg
10.54%
5Y Avg
15.78%
Market Cap
$21.39B
Operating Margin
63.14%
TTM Avg
62.41%
3Y Avg
55.77%
5Y Avg
54.80%
Market Cap
$18.83B
Operating Margin
-11.45%
TTM Avg
-4.38%
3Y Avg
1.45%
5Y Avg
3.56%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carpenter Technology Corporation (CRS) | $20.16B | 22.47% | 21.91% | 16.66% | 9.65% |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.49B | 7.88% | 7.83% | 10.53% | 10.70% |
| Sociedad Química y Minera de Chile S.A. (SQM)vs › | $20.51B | 24.83% | 24.18% | 34.53% | 31.19% |
| CF Industries Holdings, Inc. (CF)vs › | $20.51B | 38.12% | 31.40% | 37.10% | 32.72% |
| LyondellBasell Industries N.V. (LYB)vs › | $20.68B | 3.24% | 1.71% | 5.24% | 6.88% |
| Coeur Mining, Inc. (CDE)vs › | $20.68B | 35.02% | 25.93% | 10.54% | 15.78% |
| Dow Inc. (DOW)vs › | $21.28B | -0.08% | 2.73% | 5.11% | 6.91% |
| Royal Gold, Inc. (RGLD)vs › | $21.39B | 63.14% | 62.41% | 55.77% | 54.80% |
| International Paper Company (IP)vs › | $18.83B | -11.45% | -4.38% | 1.45% | 3.56% |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.65B | 7.78% | 7.20% | -3.66% | 0.25% |
Gross Margin
30.6%
Operating Margin
22.5%
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 | 24.32% |
| 2026-03-31 | 22.98% |
| 2025-12-31 | 21.32% |
| 2025-09-30 | 20.89% |
| 2025-06-30 | 20.04% |
| 2025-03-31 | 18.95% |
| 2024-12-31 | 17.57% |
| 2024-09-30 | 15.83% |
| 2024-06-30 | 13.56% |
| 2024-03-31 | 11.08% |
| 2023-12-31 | 11.18% |
| 2023-09-30 | 10.58% |
| 2023-06-30 | 8.30% |
| 2023-03-31 | 5.69% |
| 2022-12-31 | 3.90% |
| 2022-09-30 | 1.59% |
| 2022-06-30 | 4.36% |
| 2022-03-31 | 0.22% |
| 2021-12-31 | -7.95% |
| 2021-09-30 | -4.93% |
| 2021-06-30 | -16.79% |
| 2021-03-31 | -11.37% |
| 2020-12-31 | -25.52% |
| 2020-09-30 | -13.81% |
| 2020-06-30 | -33.89% |
| 2020-03-31 | 10.03% |
| 2019-12-31 | 9.60% |
| 2019-09-30 | 10.22% |
| 2019-06-30 | 10.57% |
| 2019-03-31 | 12.00% |
| 2018-12-31 | 9.96% |
| 2018-09-30 | 7.86% |
| 2018-06-30 | 9.61% |
| 2018-03-31 | 7.99% |
| 2017-12-31 | 8.49% |
| 2017-09-30 | 8.80% |
| 2017-06-30 | 8.78% |
| 2017-03-31 | 7.56% |
| 2016-12-31 | 3.60% |
| 2016-09-30 | 0.36% |
| 2016-06-30 | 6.38% |
| 2016-03-31 | -5.33% |
| 2015-12-31 | 4.91% |
| 2015-09-30 | 5.44% |
| 2015-06-30 | 7.10% |
| 2015-03-31 | 0.84% |
| 2014-12-31 | 8.21% |
| 2014-09-30 | 4.02% |
| 2014-06-30 | 9.79% |
| 2014-03-31 | 8.74% |
| 2013-12-31 | 9.43% |
| 2013-09-30 | 11.19% |
| 2013-06-30 | 10.69% |
| 2013-03-31 | 9.12% |
| 2012-12-31 | 9.88% |
| 2012-09-30 | 11.30% |
| 2012-06-30 | 10.33% |
| 2012-03-31 | 10.32% |
| 2011-12-31 | 10.18% |
| 2011-09-30 | 10.63% |
| 2011-06-30 | 7.24% |
| 2011-03-31 | 7.58% |
| 2010-12-31 | 3.22% |
| 2010-09-30 | 4.01% |
| 2010-06-30 | 2.80% |
| 2010-03-31 | 3.80% |
| 2009-12-31 | 0.76% |
| 2009-09-30 | -5.69% |
| 2009-06-30 | -12.50% |
| 2009-03-31 | 4.88% |
| 2008-12-31 | 10.97% |
| 2008-09-30 | 9.74% |
| 2008-06-30 | 10.05% |
| 2008-03-31 | 14.75% |
| 2007-12-31 | 18.03% |
| 2007-09-30 | 18.33% |
| 2007-06-30 | 16.46% |
| 2007-03-31 | 17.93% |
| 2006-12-31 | 14.02% |
| 2006-09-30 | 18.07% |
| 2006-06-30 | 20.18% |
| 2006-03-31 | 21.67% |
| 2005-12-31 | 18.48% |
| 2005-09-30 | 18.41% |
| 2005-06-30 | 18.46% |
| 2005-03-31 | 16.54% |
| 2004-12-31 | 14.39% |
| 2004-09-30 | 12.00% |
| 2004-06-30 | 10.78% |
| 2004-03-31 | 6.95% |
| 2003-12-31 | 6.58% |
| 2003-09-30 | 2.48% |
| 2003-06-30 | 7.63% |
| 2003-03-31 | 3.32% |
| 2002-12-31 | -3.57% |
| 2002-09-30 | -5.75% |
