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 9.22% is 451% above its 5-year average of 1.67%, near the high end of its 5-year range (-15.47%–10.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.21% below its 12-month average of 9.24%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
9.22%
OPERATING MARGIN AVG TTM
9.24%
OPERATING MARGIN AVG 3Y
6.62%
OPERATING MARGIN AVG 5Y
1.67%
OPERATING MARGIN AVG 10Y
-5.29%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.21%
CURRENT VS 3Y AVG
+39.32%
CURRENT VS 5Y AVG
+450.88%
CURRENT VS 10Y AVG
+274.20%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
10.61%
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
-13.11%
vs the sector median at left
Market Cap
$77.44B
Operating Margin
19.56%
TTM Avg
19.46%
3Y Avg
19.91%
5Y Avg
20.42%
Market Cap
$73.05B
Operating Margin
23.35%
TTM Avg
21.79%
3Y Avg
22.30%
5Y Avg
16.16%
Market Cap
$80.64B
Operating Margin
0.98%
TTM Avg
4.20%
3Y Avg
5.10%
5Y Avg
5.52%
Market Cap
$81.23B
Operating Margin
12.22%
TTM Avg
12.07%
3Y Avg
11.53%
5Y Avg
10.31%
Market Cap
$87.81B
Operating Margin
27.32%
TTM Avg
26.14%
3Y Avg
16.08%
5Y Avg
-66.10%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carvana Co. (CVNA) | $76.20B | 9.22% | 9.24% | 6.62% | 1.67% |
| O'Reilly Automotive, Inc. (ORLY)vs › | $77.44B | 19.56% | 19.46% | 19.91% | 20.42% |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $73.05B | 23.35% | 21.79% | 22.30% | 16.16% |
| General Motors Company (GM)vs › | $80.64B | 0.98% | 4.20% | 5.10% | 5.52% |
| Ross Stores, Inc. (ROST)vs › | $81.23B | 12.22% | 12.07% | 11.53% | 10.31% |
| Sea Limited (SE)vs › | $68.99B | 8.20% | 6.04% | 0.46% | -7.31% |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $87.81B | 27.32% | 26.14% | 16.08% | -66.10% |
| NIKE, Inc. (NKE)vs › | $62.82B | 8.19% | 8.09% | 10.00% | 11.65% |
| Airbnb, Inc. (ABNB)vs › | $90.50B | 20.49% | 21.89% | 20.13% | -3.09% |
| Marriott International, Inc. (MAR)vs › | $94.22B | 15.80% | 15.41% | 15.95% | 12.87% |
Gross Margin
19.4%
Operating Margin
9.2%
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 | 9.22% |
| 2026-03-31 | 9.03% |
| 2025-12-31 | 7.57% |
| 2025-09-30 | 9.78% |
| 2025-06-30 | 10.60% |
| 2025-03-31 | 9.31% |
| 2024-12-31 | 7.58% |
| 2024-09-30 | 9.25% |
| 2024-06-30 | 7.62% |
| 2024-03-31 | 4.41% |
| 2023-12-31 | -1.53% |
| 2023-09-30 | 1.77% |
| 2023-06-30 | 1.42% |
| 2023-03-31 | -5.03% |
| 2022-12-31 | -15.47% |
| 2022-09-30 | -8.77% |
| 2022-06-30 | -8.37% |
| 2022-03-31 | -12.27% |
| 2021-12-31 | -2.77% |
| 2021-09-30 | -0.66% |
| 2021-06-30 | 2.46% |
| 2021-03-31 | -2.63% |
| 2020-12-31 | -5.41% |
| 2020-09-30 | -0.45% |
| 2020-06-30 | -7.96% |
| 2020-03-31 | -12.50% |
| 2019-12-31 | -8.98% |
| 2019-09-30 | -6.43% |
| 2019-06-30 | -4.47% |
| 2019-03-31 | -8.83% |
| 2018-12-31 | -12.74% |
| 2018-09-30 | -10.93% |
| 2018-06-30 | -9.81% |
| 2018-03-31 | -13.58% |
| 2017-12-31 | -16.95% |
| 2017-09-30 | -16.98% |
| 2017-06-30 | -17.18% |
| 2017-03-31 | -22.73% |
| 2016-12-31 | -32.08% |
| 2016-09-30 | -21.48% |
| 2016-06-30 | -20.00% |
| 2016-03-31 | -22.86% |
| 2015-12-31 | -29.74% |
