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 8.08% is in line with its 5-year average of 8.90%, around the middle of its 5-year range (-8.38%–24.09%).
9.19% below its 12-month average of 8.90%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 9.43%.
OPERATING MARGIN
8.08%
OPERATING MARGIN AVG TTM
8.90%
OPERATING MARGIN AVG 3Y
10.12%
OPERATING MARGIN AVG 5Y
8.90%
OPERATING MARGIN AVG 10Y
10.61%
OPERATING MARGIN AVG 15Y
11.04%
OPERATING MARGIN AVG 20Y
10.08%
CURRENT VS TTM AVG
-9.19%
CURRENT VS 3Y AVG
-20.20%
CURRENT VS 5Y AVG
-9.19%
CURRENT VS 10Y AVG
-23.84%
CURRENT VS 15Y AVG
-26.84%
CURRENT VS 20Y AVG
-19.83%
SECTOR MEDIAN · INDUSTRIALS
11.95%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-32.36%
vs the sector median at left
Delta Air Lines, Inc.
Market Cap
$52.07B
Operating Margin
8.08%
TTM Avg
8.90%
3Y Avg
10.12%
5Y Avg
8.90%
Market Cap
$52.56B
Operating Margin
18.71%
TTM Avg
20.71%
3Y Avg
22.42%
5Y Avg
22.42%
Market Cap
$55.54B
Operating Margin
16.46%
TTM Avg
12.54%
3Y Avg
9.81%
5Y Avg
8.67%
Market Cap
$56.04B
Operating Margin
20.29%
TTM Avg
20.10%
3Y Avg
20.46%
5Y Avg
20.38%
Market Cap
$47.28B
Operating Margin
16.54%
TTM Avg
16.11%
3Y Avg
14.35%
5Y Avg
13.08%
Market Cap
$46.32B
Operating Margin
10.04%
TTM Avg
9.64%
3Y Avg
9.52%
5Y Avg
10.34%
Market Cap
$45.54B
Operating Margin
21.69%
TTM Avg
16.18%
3Y Avg
17.07%
5Y Avg
15.99%
Market Cap
$44.74B
Operating Margin
7.05%
TTM Avg
9.05%
3Y Avg
10.00%
5Y Avg
11.75%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Delta Air Lines, Inc. (DAL) | $52.07B | 8.08% | 8.90% | 10.12% | 8.90% |
| Honeywell Aerospace Inc (HONA)vs › | $52.56B | 18.71% | 20.71% | 22.42% | 22.42% |
| AMETEK, Inc. (AME)vs › | $53.64B | 26.13% | 25.89% | 25.52% | 24.72% |
| Comfort Systems USA, Inc. (FIX)vs › | $55.54B | 16.46% | 12.54% | 9.81% | 8.67% |
| Fastenal Company (FAST)vs › | $56.04B | 20.29% | 20.10% | 20.46% | 20.38% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $47.28B | 16.54% | 16.11% | 14.35% | 13.08% |
| L3Harris Technologies, Inc. (LHX)vs › | $46.32B | 10.04% | 9.64% | 9.52% | 10.34% |
| Rockwell Automation, Inc. (ROK)vs › | $45.54B | 21.69% | 16.18% | 17.07% | 15.99% |
| Carrier Global Corporation (CARR)vs › | $44.74B | 7.05% | 9.05% | 10.00% | 11.75% |
| W.W. Grainger, Inc. (GWW)vs › | $59.49B | 14.57% | 15.18% | 15.12% | 13.50% |
Gross Margin
27.3%
Operating Margin
8.1%
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 | 9.43% |
| 2026-03-31 | 3.16% |
| 2025-12-31 | 9.17% |
| 2025-09-30 | 10.10% |
| 2025-06-30 | 12.63% |
| 2025-03-31 | 4.05% |
| 2024-12-31 | 11.04% |
| 2024-09-30 | 8.91% |
| 2024-06-30 | 13.61% |
| 2024-03-31 | 4.47% |
| 2023-12-31 | 9.29% |
| 2023-09-30 | 12.81% |
| 2023-06-30 | 15.99% |
| 2023-03-31 | -2.17% |
| 2022-12-31 | 10.94% |
| 2022-09-30 | 10.42% |
| 2022-06-30 | 10.99% |
| 2022-03-31 | -8.38% |
| 2021-12-31 | 2.78% |
| 2021-09-30 | 24.09% |
| 2021-06-30 | 11.45% |
| 2021-03-31 | -33.69% |
| 2020-12-31 | -21.60% |
| 2020-09-30 | -208.56% |
| 2020-06-30 | -328.00% |
| 2020-03-31 | -4.77% |
| 2019-12-31 | 12.23% |
| 2019-09-30 | 16.49% |
| 2019-06-30 | 16.98% |
| 2019-03-31 | 9.74% |
| 2018-12-31 | 10.27% |
| 2018-09-30 | 13.76% |
| 2018-06-30 | 14.30% |
| 2018-03-31 | 8.47% |
| 2017-12-31 | 11.65% |
| 2017-09-30 | 16.48% |
| 2017-06-30 | 18.44% |
| 2017-03-31 | 10.98% |
| 2016-12-31 | 10.78% |
| 2016-09-30 | 18.78% |
| 2016-06-30 | 23.19% |
| 2016-03-31 | 16.65% |
| 2015-12-31 | 18.07% |
| 2015-09-30 | 19.92% |
| 2015-06-30 | 23.11% |
| 2015-03-31 | 14.89% |
| 2014-12-31 | -8.58% |
| 2014-09-30 | 7.47% |
| 2014-06-30 | 14.87% |
| 2014-03-31 | 6.95% |
| 2013-12-31 | 7.72% |
| 2013-09-30 | 14.90% |
| 2013-06-30 | 9.42% |
| 2013-03-31 | 2.61% |
| 2012-12-31 | 5.50% |
| 2012-09-30 | 13.18% |
| 2012-06-30 | 1.38% |
| 2012-03-31 | 4.54% |
| 2011-12-31 | 9.69% |
| 2011-09-30 | 8.79% |
| 2011-06-30 | 6.83% |
| 2011-03-31 | -1.10% |
| 2010-12-31 | 26.29% |
| 2010-09-30 | 13.51% |
| 2010-06-30 | 11.43% |
| 2010-03-31 | 1.78% |
| 2009-12-31 | 13.89% |
| 2009-09-30 | 4.40% |
| 2009-06-30 | 0.84% |
| 2009-03-31 | 7.33% |
| 2008-12-31 | 10.01% |
| 2008-09-30 | 11.42% |
| 2008-06-30 | 12.60% |
| 2008-03-31 | 6.65% |
| 2007-12-31 | 2.05% |
| 2007-09-30 | 17.77% |
| 2007-06-30 | 19.31% |
| 2007-03-31 | 15.92% |
| 2006-12-31 | 0.14% |
| 2006-09-30 | 3.54% |
| 2006-06-30 | 7.78% |
| 2006-03-31 | -13.04% |
| 2005-12-31 | -16.29% |
| 2005-09-30 | -5.57% |
| 2005-06-30 | -3.04% |
| 2005-03-31 | -25.82% |
| 2004-12-31 | -10.46% |
| 2004-09-30 | -10.93% |
| 2004-06-30 | -6.08% |
| 2004-03-31 | -10.99% |
| 2003-12-31 | -10.77% |
| 2003-09-30 | -2.21% |
| 2003-06-30 | 5.61% |
| 2003-03-31 | -16.96% |
| 2002-12-31 | -10.94% |
| 2002-09-30 | 72.28% |
