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 17.08% is 83% above its 5-year average of 9.32%, near the high end of its 5-year range (-19.99%–30.02%).
9.74% above its 12-month average of 15.56%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 30.02%.
OPERATING MARGIN
17.08%
OPERATING MARGIN AVG TTM
15.56%
OPERATING MARGIN AVG 3Y
10.99%
OPERATING MARGIN AVG 5Y
9.32%
OPERATING MARGIN AVG 10Y
6.30%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+9.74%
CURRENT VS 3Y AVG
+55.45%
CURRENT VS 5Y AVG
+83.19%
CURRENT VS 10Y AVG
+171.07%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
16.68%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+2.37%
vs the sector median at left
Market Cap
$52.16B
Operating Margin
50.37%
TTM Avg
35.98%
3Y Avg
24.01%
5Y Avg
25.30%
Market Cap
$56.57B
Operating Margin
11.47%
TTM Avg
8.93%
3Y Avg
11.94%
5Y Avg
14.44%
Market Cap
$63.28B
Operating Margin
-4.71%
TTM Avg
14.81%
3Y Avg
16.96%
5Y Avg
19.20%
Market Cap
$68.58B
Operating Margin
72.80%
TTM Avg
58.56%
3Y Avg
53.73%
5Y Avg
54.19%
Market Cap
$72.50B
Operating Margin
52.36%
TTM Avg
41.12%
3Y Avg
33.81%
5Y Avg
34.92%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corteva, Inc. (CTVA) | $53.86B | 17.08% | 15.56% | 10.99% | 9.32% |
| AngloGold Ashanti plc (AU)vs › | $52.16B | 50.37% | 35.98% | 24.01% | 25.30% |
| Nucor Corporation (NUE)vs › | $56.57B | 11.47% | 8.93% | 11.94% | 14.44% |
| CRH plc (CRH)vs › | $57.57B | 14.21% | 14.27% | 13.76% | 12.85% |
| Vale S.A. (VALE)vs › | $60.60B | 28.32% | 28.66% | 32.64% | 35.64% |
| Air Products and Chemicals, Inc. (APD)vs › | $63.28B | -4.71% | 14.81% | 16.96% | 19.20% |
| Wheaton Precious Metals Corp. (WPM)vs › | $68.58B | 72.80% | 58.56% | 53.73% | 54.19% |
| Nutrien Ltd. (NTR)vs › | $37.01B | 14.69% | 12.88% | 16.89% | 14.85% |
| Barrick Mining Corporation (B)vs › | $72.50B | 52.36% | 41.12% | 33.81% | 34.92% |
| Steel Dynamics, Inc. (STLD)vs › | $33.72B | 10.57% | 9.60% | 14.71% | 15.17% |
Gross Margin
48.5%
Operating Margin
17.1%
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 | 30.02% |
| 2026-03-31 | 23.55% |
| 2025-12-31 | 6.19% |
| 2025-09-30 | -10.31% |
| 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% |