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 12.24% is 46% above its 5-year average of 8.39%, around the middle of its 5-year range (-19.99%–28.38%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.09% above its 12-month average of 11.65%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
12.24%
OPERATING MARGIN AVG TTM
11.65%
OPERATING MARGIN AVG 3Y
9.48%
OPERATING MARGIN AVG 5Y
8.39%
OPERATING MARGIN AVG 10Y
5.79%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+5.09%
CURRENT VS 3Y AVG
+29.12%
CURRENT VS 5Y AVG
+45.89%
CURRENT VS 10Y AVG
+111.60%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
14.15%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
-13.47%
vs the sector median at left
Market Cap
$52.74B
Operating Margin
71.81%
TTM Avg
58.56%
3Y Avg
53.73%
5Y Avg
54.19%
Market Cap
$62.33B
Operating Margin
11.47%
TTM Avg
8.93%
3Y Avg
15.28%
5Y Avg
14.44%
Market Cap
$64.34B
Operating Margin
51.71%
TTM Avg
41.12%
3Y Avg
33.81%
5Y Avg
34.92%
Market Cap
$38.26B
Operating Margin
10.57%
TTM Avg
9.60%
3Y Avg
14.71%
5Y Avg
15.17%
Market Cap
$65.87B
Operating Margin
-4.71%
TTM Avg
14.81%
3Y Avg
16.96%
5Y Avg
19.20%
Market Cap
$36.82B
Operating Margin
19.92%
TTM Avg
19.23%
3Y Avg
17.45%
5Y Avg
17.74%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corteva, Inc. (CTVA) | $51.69B | 12.24% | 11.65% | 9.48% | 8.39% |
| Wheaton Precious Metals Corp. (WPM)vs › | $52.74B | 71.81% | 58.56% | 53.73% | 54.19% |
| Nucor Corporation (NUE)vs › | $62.33B | 11.47% | 8.93% | 15.28% | 14.44% |
| Vale S.A. (VALE)vs › | $63.52B | 27.84% | 28.66% | 32.64% | 35.64% |
| Barrick Mining Corporation (B)vs › | $64.34B | 51.71% | 41.12% | 33.81% | 34.92% |
| Steel Dynamics, Inc. (STLD)vs › | $38.26B | 10.57% | 9.60% | 14.71% | 15.17% |
| Air Products and Chemicals, Inc. (APD)vs › | $65.87B | -4.71% | 14.81% | 16.96% | 19.20% |
| CRH plc (CRH)vs › | $66.19B | 13.48% | 14.27% | 13.76% | 12.85% |
| Vulcan Materials Company (VMC)vs › | $36.82B | 19.92% | 19.23% | 17.45% | 17.74% |
| Martin Marietta Materials, Inc. (MLM)vs › | $33.35B | 21.09% | 32.34% | 26.96% | 24.51% |
Gross Margin
48.5%
Operating Margin
12.2%
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 |
|---|---|
| 2026-06-30 | 12.24% |
| 2026-03-31 | 23.67% |
| 2025-12-31 | 5.73% |
| 2025-09-30 | -11.76% |
| 2025-06-30 | 28.38% |
| 2025-03-31 | 18.72% |
| 2024-12-31 | 8.22% |
| 2024-09-30 | -19.99% |
| 2024-06-30 | 26.33% |
| 2024-03-31 | 15.52% |
| 2023-12-31 | 4.45% |
| 2023-09-30 | -10.23% |
| 2023-06-30 | 22.00% |
| 2023-03-31 | 18.02% |
| 2022-12-31 | 1.18% |
| 2022-09-30 | -8.97% |
| 2022-06-30 | 22.98% |
| 2022-03-31 | 15.11% |
| 2021-12-31 | -1.55% |
| 2021-09-30 | -14.17% |
| 2021-06-30 | 20.37% |
| 2021-03-31 | 13.43% |
| 2020-12-31 | -3.59% |
| 2020-09-30 | -25.60% |
| 2020-06-30 | 18.26% |
| 2020-03-31 | 12.31% |
| 2019-12-31 | -6.13% |
| 2019-09-30 | -24.75% |
| 2019-06-30 | 21.42% |
| 2019-03-31 | 0.80% |
| 2018-12-31 | 49.13% |
| 2018-09-30 | -29.99% |
| 2018-06-30 | 10.78% |
| 2018-03-31 | 3.63% |
| 2017-12-31 | -6.72% |
| 2017-09-30 | -31.00% |
| 2017-06-30 | 20.84% |
| 2017-03-31 | 20.84% |
