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 28.36% is in line with its 5-year average of 28.12%, around the middle of its 5-year range (19.25%–34.47%).
7.25% above its 12-month average of 26.44%.
Reported quarterly operating margin; no daily interpolation. Q4 FY2026 (2026-06-30): 25.20%.
OPERATING MARGIN
28.36%
OPERATING MARGIN AVG TTM
26.44%
OPERATING MARGIN AVG 3Y
26.66%
OPERATING MARGIN AVG 5Y
28.12%
OPERATING MARGIN AVG 10Y
26.71%
OPERATING MARGIN AVG 15Y
22.52%
OPERATING MARGIN AVG 20Y
19.39%
CURRENT VS TTM AVG
+7.25%
CURRENT VS 3Y AVG
+6.38%
CURRENT VS 5Y AVG
+0.86%
CURRENT VS 10Y AVG
+6.19%
CURRENT VS 15Y AVG
+25.94%
CURRENT VS 20Y AVG
+46.26%
SECTOR MEDIAN · CONSUMER DEFENSIVE
11.14%
median of 55 covered companies
CURRENT VS SECTOR MEDIAN
+154.58%
vs the sector median at left
Market Cap
$44.79B
Operating Margin
13.36%
TTM Avg
11.89%
3Y Avg
12.15%
5Y Avg
11.22%
Market Cap
$41.32B
Operating Margin
16.82%
TTM Avg
21.78%
3Y Avg
21.23%
5Y Avg
21.52%
Market Cap
$38.77B
Operating Margin
2.46%
TTM Avg
2.09%
3Y Avg
3.17%
5Y Avg
3.15%
Market Cap
$33.26B
Operating Margin
11.14%
TTM Avg
9.55%
3Y Avg
8.70%
5Y Avg
11.47%
Market Cap
$32.49B
Operating Margin
17.58%
TTM Avg
19.00%
3Y Avg
20.66%
5Y Avg
21.21%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Diageo plc (DEO) | $47.11B | 28.36% | 26.44% | 26.66% | 28.12% |
| Coca-Cola Europacific Partners PLC (CCEP)vs › | $44.79B | 13.36% | 11.89% | 12.15% | 11.22% |
| Keurig Dr Pepper Inc. (KDP)vs › | $41.32B | 16.82% | 21.78% | 21.23% | 21.52% |
| Archer-Daniels-Midland Company (ADM)vs › | $38.77B | 2.46% | 2.09% | 3.17% | 3.15% |
| Sysco Corporation (SYY)vs › | $37.05B | 3.66% | 3.73% | 3.88% | 3.62% |
| The Kroger Co. (KR)vs › | $36.16B | 1.39% | 1.95% | 1.99% | 2.25% |
| The Estée Lauder Companies Inc. (EL)vs › | $33.26B | 11.14% | 9.55% | 8.70% | 11.47% |
| Kenvue Inc. (KVUE)vs › | $33.02B | 19.52% | 14.89% | 15.99% | 12.76% |
| The Hershey Company (HSY)vs › | $32.49B | 17.58% | 19.00% | 20.66% | 21.21% |
| Kimberly-Clark Corporation (KMB)vs › | $31.32B | 12.38% | 15.23% | 13.80% | 14.22% |
Gross Margin
59.5%
Operating Margin
28.4%
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 | 25.20% |
| 2025-12-31 | 31.13% |
| 2025-06-30 | 23.00% |
| 2024-12-31 | 28.94% |
| 2024-06-30 | 28.84% |
| 2023-12-31 | 30.26% |
| 2023-06-30 | 19.25% |
| 2022-12-31 | 33.55% |
| 2022-06-30 | 29.27% |
| 2021-12-31 | 34.47% |
| 2021-06-30 | 25.40% |
| 2020-12-31 | 32.82% |
| 2020-06-30 | 21.16% |
| 2019-12-31 | 34.74% |
| 2019-06-30 | 28.02% |
| 2018-12-31 | 17.59% |
| 2018-06-30 | 27.89% |
| 2017-12-31 | 16.77% |
| 2017-06-30 | 26.54% |
| 2016-12-31 | 33.43% |
| 2016-06-30 | 12.58% |
| 2015-12-31 | 14.39% |
| 2015-06-30 | 22.98% |
| 2014-12-31 | 14.14% |
| 2014-06-30 | 15.42% |
| 2013-12-31 | 15.42% |
| 2013-06-30 | 27.44% |
| 2012-12-31 | 27.44% |
| 2012-06-30 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-06-30 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-06-30 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-06-30 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-06-30 | 93.23% |
| 2007-12-31 | 108.38% |
| 2007-06-30 | -186.63% |
| 2006-12-31 | 133.99% |
| 2006-06-30 | 78.93% |
| 2005-12-31 | 100.00% |
| 2005-06-30 | 112.63% |
| 2004-12-31 | 270.57% |
| 2004-06-30 | 82.80% |
| 2003-12-31 | 100.00% |
| 2003-06-30 | 65.38% |
| 2002-12-31 | 90.13% |
| 2002-06-30 | 58.93% |
| 2001-12-31 | 84.56% |
| 2001-06-30 | 100.18% |
| 2000-12-31 | 78.68% |
| 2000-06-30 | 79.66% |
| 1999-12-31 | 82.35% |
| 1999-06-30 | 11.17% |
| 1998-12-31 | 100.00% |
| 1998-06-30 | 0.00% |
| 1998-01-31 | 0.00% |
| 1996-12-31 | 0.00% |
| 1996-06-30 | 0.00% |
| 1996-01-31 | 0.00% |
