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 48.93% is 26% above its 5-year average of 38.83%, near the high end of its 5-year range (-17.32%–74.38%).
As of the fiscal period ended Monday, March 31, 2025. 26.66% above its 12-month average of 38.63%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
48.93%
OPERATING MARGIN AVG TTM
38.63%
OPERATING MARGIN AVG 3Y
40.83%
OPERATING MARGIN AVG 5Y
43.97%
OPERATING MARGIN AVG 10Y
38.83%
OPERATING MARGIN AVG 15Y
41.09%
OPERATING MARGIN AVG 20Y
39.04%
CURRENT VS TTM AVG
+26.66%
CURRENT VS 3Y AVG
+19.82%
CURRENT VS 5Y AVG
+11.27%
CURRENT VS 10Y AVG
+26.01%
CURRENT VS 15Y AVG
+19.07%
CURRENT VS 20Y AVG
+25.33%
SECTOR MEDIAN · FINANCIAL SERVICES
22.96%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+113.09%
vs the sector median at left
Discover Financial Services
Market Cap
$50.34B
Operating Margin
48.93%
TTM Avg
38.63%
3Y Avg
40.83%
5Y Avg
43.97%
Market Cap
$50.47B
Operating Margin
18.78%
TTM Avg
17.52%
3Y Avg
16.46%
5Y Avg
16.33%
Market Cap
$50.97B
Operating Margin
19.05%
TTM Avg
15.97%
3Y Avg
17.22%
5Y Avg
19.88%
Market Cap
$51.21B
Operating Margin
20.11%
TTM Avg
23.65%
3Y Avg
26.39%
5Y Avg
28.69%
Market Cap
$49.07B
Operating Margin
27.14%
TTM Avg
25.58%
3Y Avg
25.51%
5Y Avg
24.31%
Market Cap
$44.83B
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$42.36B
Operating Margin
7.10%
TTM Avg
6.21%
3Y Avg
3.69%
5Y Avg
4.90%
Market Cap
$42.07B
Operating Margin
22.90%
TTM Avg
25.79%
3Y Avg
21.14%
5Y Avg
20.23%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Discover Financial Services (DFS) | $50.34B | 48.93% | 38.63% | 40.83% | 43.97% |
| PayPal Holdings, Inc. (PYPL)vs › | $50.47B | 18.78% | 17.52% | 16.46% | 16.33% |
| State Street Corporation (STT)vs › | $50.97B | 19.05% | 15.97% | 17.22% | 19.88% |
| Fifth Third Bancorp (FITB)vs › | $51.21B | 20.11% | 23.65% | 26.39% | 28.69% |
| Ameriprise Financial, Inc. (AMP)vs › | $49.07B | 27.14% | 25.58% | 25.51% | 24.31% |
| Nasdaq, Inc. (NDAQ)vs › | $52.65B | 31.58% | 26.33% | 25.95% | 25.04% |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $44.83B | N/A | N/A | N/A | N/A |
| Prudential Financial, Inc. (PRU)vs › | $42.36B | 7.10% | 6.21% | 3.69% | 4.90% |
| Ares Management Corporation (ARES)vs › | $42.07B | 22.90% | 25.79% | 21.14% | 20.23% |
| American International Group, Inc. (AIG)vs › | $41.66B | 14.66% | 14.34% | 12.87% | 10.09% |
Gross Margin
89.5%
Operating Margin
48.9%
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 |
|---|---|
| 2025-03-31 | 48.93% |
| 2024-12-31 | 35.76% |
| 2024-09-30 | 20.17% |
| 2024-06-30 | 34.59% |
| 2024-03-31 | 53.70% |
| 2023-12-31 | 40.33% |
| 2023-09-30 | 21.96% |
| 2023-06-30 | 30.14% |
| 2023-03-31 | 55.53% |
| 2022-12-31 | 36.28% |
| 2022-09-30 | 52.66% |
| 2022-06-30 | 45.04% |
| 2022-03-31 | 55.75% |
| 2021-12-31 | 46.36% |
| 2021-09-30 | 50.49% |
| 2021-06-30 | 62.08% |
| 2021-03-31 | 74.38% |
| 2020-12-31 | 35.94% |
| 2020-09-30 | 35.34% |
| 2020-06-30 | -17.32% |
| 2020-03-31 | -2.70% |
| 2019-12-31 | 31.39% |
| 2019-09-30 | 34.28% |
| 2019-06-30 | 34.61% |
| 2019-03-31 | 33.66% |
| 2018-12-31 | 31.96% |
| 2018-09-30 | 35.50% |
| 2018-06-30 | 33.69% |
| 2018-03-31 | 33.24% |
| 2017-12-31 | 34.39% |
| 2017-09-30 | 35.76% |
| 2017-06-30 | 35.84% |
| 2017-03-31 | 37.11% |
| 2016-12-31 | 37.45% |
| 2016-09-30 | 41.76% |
| 2016-06-30 | 40.52% |
| 2016-03-31 | 41.10% |
| 2015-12-31 | 35.74% |
| 2015-09-30 | 44.52% |
| 2015-06-30 | 43.31% |
| 2015-03-31 | 41.82% |
| 2014-12-31 | 31.81% |
| 2014-09-30 | 46.07% |
| 2014-06-30 | 46.73% |
| 2014-03-31 | 49.18% |
| 2013-12-31 | 44.01% |
| 2013-09-30 | 45.88% |
| 2013-06-30 | 48.06% |
| 2013-03-31 | 54.22% |
| 2012-11-30 | 41.82% |
| 2012-08-31 | 51.53% |
| 2012-05-31 | 46.92% |
| 2012-02-29 | 55.02% |
| 2011-11-30 | 45.29% |
| 2011-08-31 | 58.52% |
| 2011-05-31 | 47.05% |
| 2011-02-28 | 44.31% |
| 2010-11-30 | 36.67% |
| 2010-08-31 | 24.97% |
| 2010-05-31 | 25.43% |
| 2010-02-28 | -10.09% |
| 2009-11-30 | 33.46% |
| 2009-08-31 | 50.95% |
| 2009-05-31 | 25.61% |
| 2009-02-28 | 16.10% |
| 2008-11-30 | 25.15% |
| 2008-08-31 | 21.97% |
| 2008-05-31 | 31.35% |
| 2008-02-29 | 17.96% |
| 2007-11-30 | -3.39% |
| 2007-08-31 | 26.56% |
| 2007-05-31 | 26.84% |
| 2007-02-28 | 30.40% |
| 2006-11-30 | 6.19% |
| 2006-08-31 | 32.79% |
| 2006-05-31 | 51.28% |
