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 16.00% is 36% above its 5-year average of 11.74%, around the middle of its 5-year range (2.69%–22.00%).
1.30% above its 12-month average of 15.79%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
16.00%
OPERATING MARGIN AVG TTM
15.79%
OPERATING MARGIN AVG 3Y
13.51%
OPERATING MARGIN AVG 5Y
11.74%
OPERATING MARGIN AVG 10Y
14.57%
OPERATING MARGIN AVG 15Y
17.26%
OPERATING MARGIN AVG 20Y
17.70%
CURRENT VS TTM AVG
+1.30%
CURRENT VS 3Y AVG
+18.44%
CURRENT VS 5Y AVG
+36.26%
CURRENT VS 10Y AVG
+9.80%
CURRENT VS 15Y AVG
-7.32%
CURRENT VS 20Y AVG
-9.59%
SECTOR MEDIAN · COMMUNICATION SERVICES
16.00%
median of 31 covered companies
CURRENT VS SECTOR MEDIAN
0.00%
vs the sector median at left
The Walt Disney Company
Market Cap
$182.84B
Operating Margin
16.00%
TTM Avg
15.79%
3Y Avg
13.51%
5Y Avg
11.74%
Market Cap
$194.71B
Operating Margin
20.30%
TTM Avg
21.68%
3Y Avg
17.44%
5Y Avg
14.67%
Market Cap
$209.36B
Operating Margin
20.54%
TTM Avg
21.94%
3Y Avg
21.92%
5Y Avg
22.48%
Market Cap
$111.52B
Operating Margin
14.65%
TTM Avg
10.75%
3Y Avg
3.13%
5Y Avg
1.63%
Market Cap
$94.00B
Operating Margin
14.66%
TTM Avg
17.77%
3Y Avg
18.34%
5Y Avg
18.02%
Market Cap
$70.83B
Operating Margin
5.35%
TTM Avg
-11.00%
3Y Avg
-11.88%
5Y Avg
-1.25%
Market Cap
$40.38B
Operating Margin
3.44%
TTM Avg
4.72%
3Y Avg
4.64%
5Y Avg
-12.83%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Walt Disney Company (DIS) | $182.84B | 16.00% | 15.79% | 13.51% | 11.74% |
| AT&T Inc. (T)vs › | $175.87B | 20.38% | 19.86% | 14.04% | 15.07% |
| T-Mobile US, Inc. (TMUS)vs › | $194.71B | 20.30% | 21.68% | 17.44% | 14.67% |
| Verizon Communications Inc. (VZ)vs › | $209.36B | 20.54% | 21.94% | 21.92% | 22.48% |
| Spotify Technology S.A. (SPOT)vs › | $111.52B | 14.65% | 10.75% | 3.13% | 1.63% |
| Comcast Corporation (CMCSA)vs › | $94.00B | 14.66% | 17.77% | 18.34% | 18.02% |
| DoorDash, Inc. (DASH)vs › | $92.25B | 6.34% | 2.46% | -4.72% | -7.20% |
| Warner Bros. Discovery, Inc. (WBD)vs › | $70.83B | 5.35% | -11.00% | -11.88% | -1.25% |
| Live Nation Entertainment, Inc. (LYV)vs › | $40.38B | 3.44% | 4.72% | 4.64% | -12.83% |
| Netflix, Inc. (NFLX)vs › | $325.83B | 29.68% | 28.10% | 23.66% | 22.31% |
Gross Margin
37.6%
Operating Margin
16.0%
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 |
|---|---|
| 2026-06-27 | 22.00% |
| 2026-03-28 | 15.05% |
| 2025-12-27 | 14.91% |
| 2025-09-27 | 11.59% |
| 2025-06-28 | 15.41% |
| 2025-03-29 | 14.84% |
| 2024-12-28 | 16.52% |
| 2024-09-28 | 12.16% |
| 2024-06-29 | 14.48% |
| 2024-03-30 | 13.04% |
| 2023-12-30 | 12.47% |
| 2023-09-30 | 9.81% |
| 2023-07-01 | 11.83% |
| 2023-04-01 | 10.43% |
| 2022-12-31 | 8.48% |
| 2022-09-30 | 2.69% |
| 2022-07-02 | 11.31% |
| 2022-04-02 | 8.31% |
| 2022-01-01 | 10.06% |
| 2021-09-30 | 3.23% |
| 2021-07-03 | 7.96% |
| 2021-04-03 | 9.26% |
| 2021-01-02 | 1.59% |
| 2020-09-30 | -3.08% |
| 2020-06-27 | 0.43% |
| 2020-03-28 | 7.55% |
| 2019-12-28 | 13.58% |
| 2019-09-30 | 11.96% |
| 2019-06-29 | 13.58% |
| 2019-03-30 | 22.70% |
| 2018-12-31 | 22.34% |
| 2018-09-30 | 21.55% |
| 2018-06-30 | 25.77% |
| 2018-03-31 | 27.75% |
| 2017-12-31 | 24.71% |
| 2017-09-30 | 20.57% |
| 2017-06-30 | 26.60% |
| 2017-03-31 | 28.12% |
| 2016-12-31 | 25.07% |
| 2016-09-30 | 21.77% |
| 2016-06-30 | 29.03% |
| 2016-03-31 | 25.93% |
| 2015-12-31 | 26.17% |
| 2015-09-30 | 23.30% |
| 2015-06-30 | 28.72% |
| 2015-03-31 | 24.93% |
| 2014-12-31 | 23.96% |
| 2014-09-30 | 19.34% |
| 2014-06-30 | 28.06% |
| 2014-03-31 | 25.59% |
| 2013-12-31 | 21.65% |
| 2013-09-30 | 18.66% |
| 2013-06-30 | 25.95% |
| 2013-03-31 | 20.80% |
| 2012-12-31 | 18.45% |
| 2012-09-30 | 18.77% |
| 2012-06-30 | 26.70% |
| 2012-03-31 | 17.52% |
| 2011-12-31 | 20.34% |
| 2011-09-30 | 17.91% |
| 2011-06-30 | 22.91% |
| 2011-03-31 | 16.83% |
| 2010-12-31 | 18.10% |
| 2010-09-30 | 15.61% |
| 2010-06-30 | 22.79% |
| 2010-03-31 | 17.62% |
| 2009-12-31 | 14.52% |
| 2009-09-30 | 16.16% |
| 2009-06-30 | 18.59% |
| 2009-03-31 | 15.91% |
| 2008-12-31 | 12.68% |
| 2008-09-30 | 15.37% |
| 2008-06-30 | 21.88% |
| 2008-03-31 | 21.79% |
| 2007-12-31 | 19.45% |
| 2007-09-30 | 17.59% |
| 2007-06-30 | 22.37% |
| 2007-03-31 | 19.02% |
| 2006-12-31 | 17.47% |
| 2006-09-30 | 15.29% |
| 2006-06-30 | 20.53% |
| 2006-03-31 | 14.78% |
| 2005-12-31 | 13.11% |
| 2005-09-30 | 5.34% |
| 2005-06-30 | 16.62% |
| 2005-03-31 | 14.17% |
| 2004-12-31 | 12.88% |
| 2004-09-30 | 9.96% |
| 2004-06-30 | 14.67% |
| 2004-03-31 | 14.41% |
| 2003-12-31 | 13.63% |
| 2003-09-30 | 10.85% |
| 2003-06-30 | 14.83% |
| 2003-03-31 | 10.98% |
| 2002-12-31 | 5.23% |
| 2002-09-30 | 5.88% |
