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 11.64% is 31% below its 5-year average of 16.90%, near the low end of its 5-year range (10.58%–25.20%).
2.69% below its 12-month average of 11.96%.
Reported quarterly operating margin; no daily interpolation. Q3 FY2026 (2026-06-30): 13.29%.
OPERATING MARGIN
11.64%
OPERATING MARGIN AVG TTM
11.96%
OPERATING MARGIN AVG 3Y
14.55%
OPERATING MARGIN AVG 5Y
16.90%
OPERATING MARGIN AVG 10Y
15.01%
OPERATING MARGIN AVG 15Y
12.63%
OPERATING MARGIN AVG 20Y
11.18%
CURRENT VS TTM AVG
-2.69%
CURRENT VS 3Y AVG
-19.99%
CURRENT VS 5Y AVG
-31.11%
CURRENT VS 10Y AVG
-22.43%
CURRENT VS 15Y AVG
-7.86%
CURRENT VS 20Y AVG
+4.16%
SECTOR MEDIAN · CONSUMER CYCLICAL
11.23%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+3.70%
vs the sector median at left
D.R. Horton, Inc.
Market Cap
$39.26B
Operating Margin
11.64%
TTM Avg
11.96%
3Y Avg
14.55%
5Y Avg
16.90%
Market Cap
$37.42B
Operating Margin
30.99%
TTM Avg
31.31%
3Y Avg
31.84%
5Y Avg
31.07%
Market Cap
$42.97B
Operating Margin
15.20%
TTM Avg
16.91%
3Y Avg
15.76%
5Y Avg
13.09%
Market Cap
$32.58B
Operating Margin
18.79%
TTM Avg
12.16%
3Y Avg
10.42%
5Y Avg
2.41%
Market Cap
$30.37B
Operating Margin
16.34%
TTM Avg
15.56%
3Y Avg
1.05%
5Y Avg
-87.64%
Market Cap
$26.34B
Operating Margin
23.35%
TTM Avg
22.78%
3Y Avg
12.38%
5Y Avg
-2.35%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| D.R. Horton, Inc. (DHI) | $39.26B | 11.64% | 11.96% | 14.55% | 16.90% |
| Yum! Brands, Inc. (YUM)vs › | $37.42B | 30.99% | 31.31% | 31.84% | 31.07% |
| JD.com, Inc. (JD)vs › | $37.40B | 0.09% | 1.77% | 1.96% | 1.66% |
| Chipotle Mexican Grill, Inc. (CMG)vs › | $42.97B | 15.20% | 16.91% | 15.76% | 13.09% |
| Expedia Group, Inc. (EXPE)vs › | $32.58B | 18.79% | 12.16% | 10.42% | 2.41% |
| AutoZone, Inc. (AZO)vs › | $46.43B | 18.02% | 19.77% | 19.82% | 19.94% |
| Carnival Corporation & plc (CCL)vs › | $30.37B | 16.34% | 15.56% | 1.05% | -87.64% |
| eBay Inc. (EBAY)vs › | $50.13B | 20.52% | 21.52% | 21.56% | 23.99% |
| Las Vegas Sands Corp. (LVS)vs › | $26.34B | 23.35% | 22.78% | 12.38% | -2.35% |
| Williams-Sonoma, Inc. (WSM)vs › | $25.78B | 19.21% | 18.34% | 17.58% | 17.52% |
Gross Margin
22.6%
Operating Margin
11.6%
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 | 13.29% |
| 2026-03-31 | 10.58% |
| 2025-12-31 | 10.59% |
| 2025-09-30 | 11.63% |
| 2025-06-30 | 13.71% |
| 2025-03-31 | 12.95% |
| 2024-12-31 | 13.56% |
| 2024-09-30 | 16.58% |
| 2024-06-30 | 17.69% |
| 2024-03-31 | 16.36% |
| 2023-12-31 | 15.50% |
| 2023-09-30 | 18.89% |
| 2023-06-30 | 17.81% |
| 2023-03-31 | 15.52% |
| 2022-12-31 | 17.20% |
| 2022-09-30 | 21.72% |
| 2022-06-30 | 25.20% |
| 2022-03-31 | 23.82% |
| 2021-12-31 | 21.19% |
| 2021-09-30 | 21.45% |
| 2021-06-30 | 19.56% |
| 2021-03-31 | 18.53% |
| 2020-12-31 | 17.40% |
| 2020-09-30 | 16.76% |
| 2020-06-30 | 14.70% |
| 2020-03-31 | 13.16% |
| 2019-12-31 | 12.37% |
| 2019-09-30 | 12.84% |
| 2019-06-30 | 12.23% |
| 2019-03-31 | 10.57% |
| 2018-12-31 | 10.54% |
| 2018-09-30 | 13.10% |
| 2018-06-30 | 13.79% |
| 2018-03-31 | 12.19% |
| 2017-12-31 | 11.48% |
| 2017-09-30 | 11.69% |
| 2017-06-30 | 12.42% |
| 2017-03-31 | 11.43% |
| 2016-12-31 | 11.62% |
| 2016-09-30 | 12.12% |
| 2016-06-30 | 11.51% |
| 2016-03-31 | 10.70% |
| 2015-12-31 | 9.72% |
| 2015-09-30 | 10.73% |
| 2015-06-30 | 11.07% |
| 2015-03-31 | 9.30% |
| 2014-12-31 | 9.22% |
| 2014-09-30 | 9.88% |
| 2014-06-30 | 7.72% |
| 2014-03-31 | 11.36% |
| 2013-12-31 | 11.00% |
| 2013-09-30 | 10.50% |
| 2013-06-30 | 11.73% |
| 2013-03-31 | 9.73% |
| 2012-12-31 | 8.34% |
| 2012-09-30 | 7.60% |
| 2012-06-30 | 6.45% |
| 2012-03-31 | 4.47% |
| 2011-12-31 | 3.50% |
| 2011-09-30 | -0.94% |
| 2011-06-30 | 3.43% |
| 2011-03-31 | -2.48% |
| 2010-12-31 | -0.82% |
| 2010-09-30 | 0.93% |
| 2010-06-30 | 4.99% |
| 2010-03-31 | 3.26% |
| 2009-12-31 | 5.70% |
| 2009-09-30 | -19.93% |
| 2009-06-30 | -15.22% |
| 2009-03-31 | -11.11% |
| 2008-12-31 | -5.32% |
| 2008-09-30 | -60.24% |
| 2008-06-30 | -25.26% |
| 2008-03-28 | -52.93% |
| 2007-12-31 | -11.88% |
| 2007-09-30 | -1.61% |
| 2007-06-29 | -26.24% |
| 2007-03-31 | 2.97% |
| 2006-12-31 | 5.60% |
| 2006-09-30 | 9.15% |
| 2006-06-30 | 12.68% |
| 2006-03-31 | 15.80% |
| 2005-12-31 | 17.01% |
| 2005-09-30 | 17.64% |
| 2005-06-30 | 17.77% |
| 2005-03-31 | 16.28% |
| 2004-12-31 | 15.18% |
| 2004-09-30 | 15.92% |
| 2004-06-30 | 14.27% |
| 2004-03-31 | 13.28% |
| 2003-12-31 | 13.44% |
| 2003-09-30 | 13.17% |
| 2003-06-30 | 11.40% |
| 2003-03-31 | 10.62% |
| 2002-12-31 | 10.04% |
| 2002-09-30 | 10.53% |
