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 16.29% is 14% above its 5-year average of 14.29%, near the high end of its 5-year range (8.79%–17.16%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.72% above its 12-month average of 15.27%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
16.29%
OPERATING MARGIN AVG TTM
15.27%
OPERATING MARGIN AVG 3Y
15.15%
OPERATING MARGIN AVG 5Y
14.57%
OPERATING MARGIN AVG 10Y
13.80%
OPERATING MARGIN AVG 15Y
14.17%
OPERATING MARGIN AVG 20Y
14.61%
CURRENT VS TTM AVG
+6.72%
CURRENT VS 3Y AVG
+7.54%
CURRENT VS 5Y AVG
+11.83%
CURRENT VS 10Y AVG
+18.03%
CURRENT VS 15Y AVG
+14.98%
CURRENT VS 20Y AVG
+11.54%
SECTOR MEDIAN · HEALTHCARE
15.12%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+7.75%
vs the sector median at left
Market Cap
$11.29B
Operating Margin
12.70%
TTM Avg
13.11%
3Y Avg
19.83%
5Y Avg
21.02%
Market Cap
$12.41B
Operating Margin
13.33%
TTM Avg
15.23%
3Y Avg
16.08%
5Y Avg
17.45%
Market Cap
$12.57B
Operating Margin
11.77%
TTM Avg
9.13%
3Y Avg
12.39%
5Y Avg
13.51%
Market Cap
$10.37B
Operating Margin
-2.02%
TTM Avg
-7.24%
3Y Avg
-2.92%
5Y Avg
-1.15%
Market Cap
$10.36B
Operating Margin
11.36%
TTM Avg
11.05%
3Y Avg
9.46%
5Y Avg
10.06%
Market Cap
$10.09B
Operating Margin
5.60%
TTM Avg
5.75%
3Y Avg
6.18%
5Y Avg
6.20%
Market Cap
$10.02B
Operating Margin
0.66%
TTM Avg
2.96%
3Y Avg
3.72%
5Y Avg
4.01%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DaVita Inc. (DVA) | $11.85B | 16.29% | 15.27% | 15.15% | 14.57% |
| Bio-Techne Corporation (TECH)vs › | $11.29B | 12.70% | 13.11% | 19.83% | 21.02% |
| Align Technology, Inc. (ALGN)vs › | $12.41B | 13.33% | 15.23% | 16.08% | 17.45% |
| Revvity, Inc. (RVTY)vs › | $12.56B | 12.32% | 13.70% | 16.38% | 21.25% |
| Charles River Laboratories International, Inc. (CRL)vs › | $12.57B | 11.77% | 9.13% | 12.39% | 13.51% |
| Walgreens Boots Alliance, Inc. (WBA)vs › | $10.37B | -2.02% | -7.24% | -2.92% | -1.15% |
| Universal Health Services, Inc. (UHS)vs › | $10.36B | 11.36% | 11.05% | 9.46% | 10.06% |
| Henry Schein, Inc. (HSIC)vs › | $10.09B | 5.60% | 5.75% | 6.18% | 6.20% |
| Molina Healthcare, Inc. (MOH)vs › | $10.02B | 0.66% | 2.96% | 3.72% | 4.01% |
| Baxter International Inc. (BAX)vs › | $14.23B | -2.39% | -1.31% | -6.02% | 0.15% |
Gross Margin
27.0%
Operating Margin
16.3%
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 |
|---|---|
| 2026-06-30 | 16.29% |
| 2026-03-31 | 14.11% |
| 2025-12-31 | 15.23% |
| 2025-09-30 | 14.79% |
| 2025-06-30 | 15.91% |
| 2025-03-31 | 13.62% |
| 2024-12-31 | 17.16% |
| 2024-09-30 | 16.39% |
| 2024-06-30 | 15.89% |
| 2024-03-31 | 15.76% |
| 2023-12-31 | 12.39% |
| 2023-09-30 | 15.89% |
| 2023-06-30 | 13.51% |
| 2023-03-31 | 10.85% |
| 2022-12-31 | 8.79% |
| 2022-09-30 | 10.57% |
| 2022-06-30 | 14.78% |
| 2022-03-31 | 12.01% |
| 2021-12-31 | 13.23% |
| 2021-09-30 | 16.16% |
| 2021-06-30 | 16.82% |
| 2021-03-31 | 15.70% |
| 2020-12-31 | 13.14% |
| 2020-09-30 | 14.97% |
| 2020-06-30 | 14.23% |
| 2020-03-31 | 16.38% |
| 2019-12-31 | 15.96% |
| 2019-09-30 | 13.03% |
| 2019-06-30 | 16.25% |
| 2019-03-31 | 12.41% |
| 2018-12-31 | 13.75% |
| 2018-09-30 | 10.15% |
| 2018-06-30 | 15.18% |
| 2018-03-31 | 14.41% |
| 2017-12-31 | 5.41% |
| 2017-09-30 | 10.08% |
| 2017-06-30 | 10.09% |
| 2017-03-31 | 23.69% |
| 2016-12-31 | 9.78% |
| 2016-09-30 | 21.96% |
| 2016-06-30 | 8.85% |
| 2016-03-31 | 10.19% |
| 2015-12-31 | 6.93% |
| 2015-09-30 | 14.45% |
| 2015-06-30 | 13.99% |
| 2015-03-31 | -1.95% |
| 2014-12-31 | 13.58% |
| 2014-09-30 | 13.46% |
| 2014-06-30 | 15.27% |
| 2014-03-31 | 14.50% |
| 2013-12-31 | 15.81% |
| 2013-09-30 | 12.57% |
| 2013-06-30 | 18.18% |
| 2013-03-31 | 5.90% |
| 2012-12-31 | 15.64% |
| 2012-09-30 | 17.37% |
| 2012-06-30 | 12.81% |
| 2012-03-31 | 17.19% |
| 2011-12-31 | 17.73% |
| 2011-09-30 | 17.63% |
| 2011-06-30 | 14.41% |
| 2011-03-31 | 14.65% |
| 2010-12-31 | 15.48% |
| 2010-09-30 | 15.54% |
| 2010-06-30 | 15.27% |
| 2010-03-31 | 15.56% |
| 2009-12-31 | 15.22% |
| 2009-09-30 | 15.57% |
| 2009-06-30 | 15.53% |
| 2009-03-31 | 15.24% |
| 2008-12-31 | 14.48% |
| 2008-09-30 | 14.37% |
| 2008-06-30 | 15.52% |
| 2008-03-31 | 15.30% |
| 2007-12-31 | 14.41% |
| 2007-09-30 | 16.11% |
| 2007-06-30 | 19.90% |
| 2007-03-31 | 15.12% |
| 2006-12-31 | 14.81% |
| 2006-09-30 | 17.55% |
| 2006-06-30 | 14.22% |
| 2006-03-31 | 13.93% |
| 2005-12-31 | 13.17% |
| 2005-09-30 | 15.56% |
| 2005-06-30 | 15.78% |
| 2005-03-31 | 16.21% |
| 2004-12-31 | 17.07% |
| 2004-09-30 | 18.75% |
| 2004-06-30 | 17.49% |
| 2004-03-31 | 18.09% |
| 2003-12-31 | 20.77% |
| 2003-09-30 | 18.55% |
| 2003-06-30 | 16.90% |
| 2003-03-31 | 17.25% |
| 2002-12-31 | 23.89% |
| 2002-09-30 | 23.13% |