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 23.17% is in line with its 5-year average of 21.53%, near the high end of its 5-year range (19.42%–23.42%).
As of the fiscal period ended Sunday, May 31, 2026. 0.78% above its 12-month average of 22.99%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
23.17%
OPERATING MARGIN AVG TTM
22.99%
OPERATING MARGIN AVG 3Y
22.36%
OPERATING MARGIN AVG 5Y
21.53%
OPERATING MARGIN AVG 10Y
18.89%
OPERATING MARGIN AVG 15Y
17.25%
OPERATING MARGIN AVG 20Y
16.34%
CURRENT VS TTM AVG
+0.78%
CURRENT VS 3Y AVG
+3.63%
CURRENT VS 5Y AVG
+7.61%
CURRENT VS 10Y AVG
+22.63%
CURRENT VS 15Y AVG
+34.33%
CURRENT VS 20Y AVG
+41.75%
SECTOR MEDIAN · INDUSTRIALS
13.97%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+65.83%
vs the sector median at left
Cintas Corporation
Market Cap
$81.49B
Operating Margin
23.17%
TTM Avg
22.99%
3Y Avg
22.36%
5Y Avg
21.53%
Market Cap
$79.67B
Operating Margin
36.78%
TTM Avg
36.40%
3Y Avg
36.38%
5Y Avg
38.09%
Market Cap
$78.85B
Operating Margin
14.09%
TTM Avg
18.38%
3Y Avg
18.34%
5Y Avg
18.14%
Market Cap
$78.35B
Operating Margin
10.18%
TTM Avg
10.43%
3Y Avg
9.29%
5Y Avg
10.67%
Market Cap
$84.89B
Operating Margin
26.50%
TTM Avg
26.55%
3Y Avg
25.49%
5Y Avg
24.82%
Market Cap
$77.00B
Operating Margin
37.54%
TTM Avg
37.36%
3Y Avg
38.48%
5Y Avg
37.88%
Market Cap
$76.65B
Operating Margin
31.63%
TTM Avg
31.98%
3Y Avg
31.05%
5Y Avg
33.01%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cintas Corporation (CTAS) | $81.49B | 23.17% | 22.99% | 22.36% | 21.53% |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $79.67B | 36.78% | 36.40% | 36.38% | 38.09% |
| Honeywell International Inc. (HON)vs › | $78.85B | 14.09% | 18.38% | 18.34% | 18.14% |
| Northrop Grumman Corporation (NOC)vs › | $78.35B | 10.18% | 10.43% | 9.29% | 10.67% |
| Illinois Tool Works Inc. (ITW)vs › | $84.89B | 26.50% | 26.55% | 25.49% | 24.82% |
| Canadian National Railway Company (CNI)vs › | $77.00B | 37.54% | 37.36% | 38.48% | 37.88% |
| Norfolk Southern Corporation (NSC)vs › | $76.65B | 31.63% | 31.98% | 31.05% | 33.01% |
| Cummins Inc. (CMI)vs › | $87.76B | 11.13% | 11.24% | 9.52% | 10.13% |
| FedEx Corporation (FDX)vs › | $74.13B | 6.74% | 6.96% | 6.77% | 6.87% |
| Emerson Electric Co. (EMR)vs › | $88.99B | 20.11% | 17.42% | 17.53% | 16.97% |
Gross Margin
50.7%
Operating Margin
23.2%
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 |
|---|---|
| 2026-05-31 | 23.17% |
| 2026-02-28 | 23.22% |
| 2025-11-30 | 23.42% |
| 2025-08-31 | 22.73% |
| 2025-05-31 | 22.40% |
| 2025-02-28 | 23.37% |
| 2024-11-30 | 23.09% |
| 2024-08-31 | 22.43% |
| 2024-05-31 | 22.16% |
| 2024-02-29 | 21.64% |
| 2023-11-30 | 21.02% |
| 2023-08-31 | 21.37% |
| 2023-05-31 | 20.61% |
| 2023-02-28 | 20.40% |
| 2022-11-30 | 20.46% |
| 2022-08-31 | 20.32% |
| 2022-05-31 | 19.49% |
| 2022-02-28 | 20.79% |
| 2021-11-30 | 19.83% |
| 2021-08-31 | 20.78% |
| 2021-05-31 | 19.42% |
| 2021-02-28 | 18.37% |
| 2020-11-30 | 20.08% |
| 2020-08-31 | 20.02% |
| 2020-05-31 | 12.81% |
| 2020-02-29 | 17.38% |
| 2019-11-30 | 18.14% |
| 2019-08-31 | 16.90% |
| 2019-05-31 | 17.53% |
| 2019-02-28 | 16.54% |
| 2018-11-30 | 16.04% |
| 2018-08-31 | 15.62% |
| 2018-05-31 | 15.90% |
| 2018-02-28 | 12.59% |
| 2017-11-30 | 14.64% |
| 2017-08-31 | 15.46% |
| 2017-05-31 | 11.59% |
| 2017-02-28 | 15.20% |
| 2016-11-30 | 15.64% |
| 2016-08-31 | 15.99% |
| 2016-05-31 | 15.96% |
| 2016-02-29 | 15.87% |
| 2015-11-30 | 16.43% |
| 2015-08-31 | 15.47% |
| 2015-05-31 | 15.55% |
| 2015-02-28 | 15.66% |
| 2014-11-30 | 16.13% |
| 2014-08-31 | 14.83% |
| 2014-05-31 | 10.70% |
| 2014-02-28 | 13.29% |
| 2013-11-30 | 13.37% |
| 2013-08-31 | 12.50% |
| 2013-05-31 | 13.63% |
| 2013-02-28 | 12.37% |
| 2012-11-30 | 13.11% |
| 2012-08-31 | 13.25% |
| 2012-05-31 | 13.37% |
| 2012-02-29 | 13.59% |
| 2011-11-30 | 13.02% |
| 2011-08-31 | 12.64% |
| 2011-05-31 | 12.73% |
| 2011-02-28 | 11.61% |
| 2010-11-30 | 10.93% |
| 2010-08-31 | 10.85% |
| 2010-05-31 | 11.16% |
| 2010-02-28 | 9.75% |
| 2009-11-30 | 12.03% |
| 2009-08-31 | 11.09% |
| 2009-05-31 | 2.46% |
| 2009-02-28 | 13.13% |
| 2008-11-30 | 13.24% |
| 2008-08-31 | 13.75% |
| 2008-05-31 | 15.20% |
| 2008-02-29 | 14.14% |
| 2007-11-30 | 14.78% |
| 2007-08-31 | 14.51% |
| 2007-05-31 | 16.17% |
| 2007-02-28 | 14.66% |
| 2006-11-30 | 15.43% |
| 2006-08-31 | 16.01% |
| 2006-05-31 | 17.02% |
| 2006-02-28 | 15.51% |
| 2005-11-30 | 15.62% |
| 2005-08-31 | 16.04% |
| 2005-05-31 | 16.74% |
| 2005-02-28 | 15.56% |
| 2004-11-30 | 16.06% |
| 2004-08-31 | 16.09% |
| 2004-05-31 | 16.31% |
| 2004-02-29 | 15.88% |
| 2003-11-30 | 16.61% |
| 2003-08-31 | 16.43% |
| 2003-05-31 | 16.33% |
| 2003-02-28 | 15.10% |
| 2002-11-30 | 15.86% |
| 2002-08-31 | 15.80% |
