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 9.49% is 56% above its 5-year average of 6.07%, near the high end of its 5-year range (2.54%–11.46%).
9.82% above its 12-month average of 8.64%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2027 (2026-07-31): 11.46%.
OPERATING MARGIN
9.49%
OPERATING MARGIN AVG TTM
8.64%
OPERATING MARGIN AVG 3Y
7.12%
OPERATING MARGIN AVG 5Y
6.07%
OPERATING MARGIN AVG 10Y
4.33%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+9.82%
CURRENT VS 3Y AVG
+33.33%
CURRENT VS 5Y AVG
+56.40%
CURRENT VS 10Y AVG
+119.30%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
14.00%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
-32.21%
vs the sector median at left
Dell Technologies Inc.
Market Cap
$373.91B
Operating Margin
9.49%
TTM Avg
8.64%
3Y Avg
7.12%
5Y Avg
6.07%
Market Cap
$385.07B
Operating Margin
30.50%
TTM Avg
29.09%
3Y Avg
29.31%
5Y Avg
29.42%
Market Cap
$394.19B
Operating Margin
35.29%
TTM Avg
33.65%
3Y Avg
31.97%
5Y Avg
31.37%
Market Cap
$394.85B
Operating Margin
32.36%
TTM Avg
30.83%
3Y Avg
29.21%
5Y Avg
30.03%
Market Cap
$331.42B
Operating Margin
17.30%
TTM Avg
19.55%
3Y Avg
16.87%
5Y Avg
17.43%
Market Cap
$420.55B
Operating Margin
24.27%
TTM Avg
22.52%
3Y Avg
23.51%
5Y Avg
24.48%
Market Cap
$435.50B
Operating Margin
31.59%
TTM Avg
21.21%
3Y Avg
9.84%
5Y Avg
-15.79%
Market Cap
$305.41B
Operating Margin
6.05%
TTM Avg
9.77%
3Y Avg
8.42%
5Y Avg
3.85%
Market Cap
$263.27B
Operating Margin
61.19%
TTM Avg
61.19%
3Y Avg
11.82%
5Y Avg
2.86%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dell Technologies Inc. (DELL) | $373.91B | 9.49% | 8.64% | 7.12% | 6.07% |
| Applied Materials, Inc. (AMAT)vs › | $385.07B | 30.50% | 29.09% | 29.31% | 29.42% |
| Lam Research Corporation (LRCX)vs › | $394.19B | 35.29% | 33.65% | 31.97% | 31.37% |
| Oracle Corporation (ORCL)vs › | $394.85B | 32.36% | 30.83% | 29.21% | 30.03% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $331.42B | 17.30% | 19.55% | 16.87% | 17.43% |
| Cisco Systems, Inc. (CSCO)vs › | $420.55B | 24.27% | 22.52% | 23.51% | 24.48% |
| Palantir Technologies Inc. (PLTR)vs › | $435.50B | 31.59% | 21.21% | 9.84% | -15.79% |
| Palo Alto Networks, Inc. (PANW)vs › | $305.41B | 6.05% | 9.77% | 8.42% | 3.85% |
| Sandisk Corporation (SNDK)vs › | $263.27B | 61.19% | 61.19% | 11.82% | 2.86% |
| Arista Networks, Inc. (ANET)vs › | $260.08B | 43.14% | 42.44% | 39.56% | 36.63% |
Gross Margin
19.8%
Operating Margin
9.5%
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 |
|---|---|
| 2026-07-31 | 11.46% |
| 2026-05-01 | 8.34% |
| 2026-01-30 | 9.42% |
| 2025-10-31 | 8.03% |
| 2025-08-01 | 5.95% |
| 2025-05-02 | 5.27% |
| 2025-01-31 | 9.07% |
| 2024-11-01 | 6.85% |
| 2024-08-02 | 5.36% |
| 2024-05-03 | 4.34% |
| 2024-01-31 | 6.68% |
| 2023-11-03 | 6.68% |
| 2023-08-04 | 5.08% |
| 2023-05-05 | 5.11% |
| 2023-01-31 | 4.75% |
| 2022-10-28 | 7.13% |
| 2022-07-29 | 4.81% |
| 2022-04-29 | 5.94% |
| 2022-01-31 | 2.54% |
| 2021-10-29 | 3.96% |
| 2021-07-30 | 4.20% |
| 2021-04-30 | 4.37% |
| 2021-01-31 | 8.34% |
| 2020-10-30 | 4.81% |
| 2020-07-31 | 5.00% |
| 2020-05-01 | 3.21% |
| 2020-01-31 | 2.98% |
| 2019-11-01 | 3.66% |
| 2019-08-02 | 2.22% |
| 2019-05-03 | 2.51% |
| 2019-01-31 | 1.39% |
| 2018-11-02 | -1.58% |
| 2018-08-03 | -0.06% |
| 2018-05-04 | -0.72% |
| 2018-01-31 | -1.46% |
| 2017-11-03 | -2.10% |
| 2017-08-04 | -3.41% |
| 2017-05-05 | -7.07% |
| 2017-01-31 | -8.31% |
| 2016-10-28 | -9.31% |
| 2016-07-29 | 0.51% |
| 2016-04-29 | -1.14% |
| 2016-01-31 | -0.21% |
| 2015-10-30 | -0.62% |
| 2015-07-31 | -0.79% |
| 2015-05-01 | -2.48% |
| 2015-01-31 | -1.24% |
| 2014-10-31 | -0.89% |
| 2014-08-01 | 0.23% |
| 2014-05-01 | -0.40% |
