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 8.34% is 40% above its 5-year average of 5.97%, near the high end of its 5-year range (2.54%–9.42%).
As of the fiscal period ended Friday, May 1, 2026. 12.65% above its 12-month average of 7.40%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
8.34%
OPERATING MARGIN AVG TTM
7.40%
OPERATING MARGIN AVG 3Y
6.63%
OPERATING MARGIN AVG 5Y
5.97%
OPERATING MARGIN AVG 10Y
4.03%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+12.65%
CURRENT VS 3Y AVG
+25.80%
CURRENT VS 5Y AVG
+39.57%
CURRENT VS 10Y AVG
+106.85%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
14.87%
median of 171 covered companies
CURRENT VS SECTOR MEDIAN
-43.92%
vs the sector median at left
Dell Technologies Inc.
Market Cap
$292.63B
Operating Margin
8.34%
TTM Avg
7.40%
3Y Avg
6.63%
5Y Avg
5.97%
Market Cap
$287.22B
Operating Margin
17.30%
TTM Avg
19.55%
3Y Avg
16.87%
5Y Avg
17.43%
Market Cap
$312.80B
Operating Margin
9.65%
TTM Avg
11.00%
3Y Avg
6.05%
5Y Avg
1.96%
Market Cap
$261.87B
Operating Margin
41.69%
TTM Avg
41.47%
3Y Avg
39.51%
5Y Avg
38.95%
Market Cap
$256.84B
Operating Margin
37.29%
TTM Avg
34.50%
3Y Avg
40.37%
5Y Avg
41.85%
Market Cap
$249.03B
Operating Margin
43.14%
TTM Avg
42.44%
3Y Avg
39.56%
5Y Avg
36.63%
Market Cap
$225.95B
Operating Margin
-3.91%
TTM Avg
-4.57%
3Y Avg
-4.43%
5Y Avg
-6.35%
Market Cap
$224.64B
Operating Margin
17.86%
TTM Avg
17.27%
3Y Avg
15.98%
5Y Avg
14.06%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dell Technologies Inc. (DELL) | $292.63B | 8.34% | 7.40% | 6.63% | 5.97% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $287.22B | 17.30% | 19.55% | 16.87% | 17.43% |
| Palo Alto Networks, Inc. (PANW)vs › | $312.80B | 9.65% | 11.00% | 6.05% | 1.96% |
| KLA Corporation (KLAC)vs › | $261.87B | 41.69% | 41.47% | 39.51% | 38.95% |
| Texas Instruments Incorporated (TXN)vs › | $256.84B | 37.29% | 34.50% | 40.37% | 41.85% |
| Arista Networks, Inc. (ANET)vs › | $249.03B | 43.14% | 42.44% | 39.56% | 36.63% |
| SAP SE (SAP)vs › | $244.29B | 26.78% | 19.89% | 19.60% | 21.00% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $225.95B | -3.91% | -4.57% | -4.43% | -6.35% |
| International Business Machines Corporation (IBM)vs › | $224.64B | 17.86% | 17.27% | 15.98% | 14.06% |
| Amphenol Corporation (APH)vs › | $206.19B | 27.19% | 23.72% | 22.19% | 21.32% |
Gross Margin
19.1%
Operating Margin
8.3%
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 |
|---|---|
| 2026-05-01 | 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% |
