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 20.52% is in line with its 5-year average of 22.23%, around the middle of its 5-year range (16.00%–27.87%).
2.83% above its 12-month average of 19.95%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 21.57%.
OPERATING MARGIN
20.52%
OPERATING MARGIN AVG TTM
19.95%
OPERATING MARGIN AVG 3Y
20.70%
OPERATING MARGIN AVG 5Y
22.23%
OPERATING MARGIN AVG 10Y
22.88%
OPERATING MARGIN AVG 15Y
22.56%
OPERATING MARGIN AVG 20Y
22.82%
CURRENT VS TTM AVG
+2.83%
CURRENT VS 3Y AVG
-0.87%
CURRENT VS 5Y AVG
-7.68%
CURRENT VS 10Y AVG
-10.30%
CURRENT VS 15Y AVG
-9.03%
CURRENT VS 20Y AVG
-10.07%
SECTOR MEDIAN · CONSUMER CYCLICAL
11.23%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+82.81%
vs the sector median at left
Market Cap
$47.49B
Operating Margin
18.02%
TTM Avg
19.77%
3Y Avg
19.82%
5Y Avg
19.94%
Market Cap
$45.11B
Operating Margin
15.20%
TTM Avg
16.91%
3Y Avg
15.76%
5Y Avg
13.09%
Market Cap
$39.19B
Operating Margin
30.99%
TTM Avg
31.31%
3Y Avg
31.84%
5Y Avg
31.07%
Market Cap
$38.72B
Operating Margin
11.64%
TTM Avg
14.77%
3Y Avg
17.54%
5Y Avg
17.35%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| eBay Inc. (EBAY) | $47.53B | 20.52% | 19.95% | 20.70% | 22.23% |
| AutoZone, Inc. (AZO)vs › | $47.49B | 18.02% | 19.77% | 19.82% | 19.94% |
| Chipotle Mexican Grill, Inc. (CMG)vs › | $45.11B | 15.20% | 16.91% | 15.76% | 13.09% |
| NIKE, Inc. (NKE)vs › | $53.73B | 8.19% | 8.09% | 10.00% | 11.65% |
| Ford Motor Company (F)vs › | $54.53B | 1.97% | 2.05% | 2.80% | 1.88% |
| Yum! Brands, Inc. (YUM)vs › | $39.19B | 30.99% | 31.31% | 31.84% | 31.07% |
| D.R. Horton, Inc. (DHI)vs › | $38.72B | 11.64% | 14.77% | 17.54% | 17.35% |
| JD.com, Inc. (JD)vs › | $38.14B | 0.09% | 1.77% | 1.96% | 1.66% |
| Sea Limited (SE)vs › | $62.15B | 7.95% | 6.04% | 0.46% | -7.31% |
| Expedia Group, Inc. (EXPE)vs › | $32.91B | 18.79% | 12.16% | 10.42% | 2.41% |
Gross Margin
72.5%
Operating Margin
20.5%
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 | 21.57% |
| 2026-03-31 | 19.78% |
| 2025-12-31 | 20.27% |
| 2025-09-30 | 20.43% |
| 2025-06-30 | 17.73% |
| 2025-03-31 | 23.83% |
| 2024-12-31 | 21.05% |
| 2024-09-30 | 23.10% |
| 2024-06-30 | 21.35% |
| 2024-03-31 | 24.69% |
| 2023-12-31 | 16.00% |
| 2023-09-30 | 18.20% |
| 2023-06-30 | 20.39% |
| 2023-03-31 | 22.23% |
| 2022-12-31 | 22.51% |
| 2022-09-30 | 23.87% |
| 2022-06-30 | 21.68% |
| 2022-03-31 | 27.87% |
| 2021-12-31 | 26.33% |
| 2021-09-30 | 26.47% |
| 2021-06-30 | 27.44% |
| 2021-03-31 | 31.88% |
| 2020-12-31 | 23.61% |
| 2020-09-30 | 29.32% |
| 2020-06-30 | 32.69% |
| 2020-03-31 | 26.54% |
| 2019-12-31 | 21.94% |
| 2019-09-30 | 19.59% |
| 2019-06-30 | 23.03% |
| 2019-03-31 | 24.58% |
| 2018-12-31 | 23.67% |
| 2018-09-30 | 20.99% |
| 2018-06-30 | 15.38% |
| 2018-03-31 | 22.44% |
| 2017-12-31 | 25.37% |
| 2017-09-30 | 22.98% |
| 2017-06-30 | 19.84% |
| 2017-03-31 | 23.75% |
| 2016-12-31 | 26.64% |
| 2016-09-30 | 24.45% |
| 2016-06-30 | 23.81% |
| 2016-03-31 | 28.73% |
| 2015-12-31 | 28.51% |
| 2015-09-30 | 27.54% |
| 2015-06-30 | 20.28% |
| 2015-03-31 | 25.67% |
| 2014-12-31 | 21.56% |
| 2014-09-30 | 27.72% |
| 2014-06-30 | 20.81% |
| 2014-03-31 | 20.60% |
| 2013-12-31 | 22.56% |
| 2013-09-30 | 20.53% |
| 2013-06-30 | 19.34% |
| 2013-03-31 | 21.34% |
| 2012-12-31 | 21.86% |
| 2012-09-30 | 19.59% |
| 2012-06-30 | 20.45% |
| 2012-03-31 | 19.93% |
| 2011-12-31 | 22.28% |
| 2011-09-30 | 18.11% |
| 2011-06-30 | 18.80% |
| 2011-03-31 | 22.19% |
| 2010-12-31 | 23.69% |
| 2010-09-30 | 21.92% |
| 2010-06-30 | 22.27% |
| 2010-03-31 | 22.64% |
| 2009-12-31 | 7.62% |
| 2009-09-30 | 20.36% |
| 2009-06-30 | 20.46% |
| 2009-03-31 | 21.25% |
| 2008-12-31 | 24.69% |
| 2008-09-30 | 24.75% |
| 2008-06-30 | 24.84% |
| 2008-03-31 | 25.22% |
| 2007-12-31 | 28.71% |
| 2007-09-30 | -49.63% |
| 2007-06-30 | 24.91% |
| 2007-03-31 | 26.46% |
| 2006-12-31 | 26.16% |
| 2006-09-30 | 23.40% |
| 2006-06-30 | 22.07% |
| 2006-03-31 | 23.20% |
| 2005-12-31 | 27.87% |
| 2005-09-30 | 32.27% |
| 2005-06-30 | 34.89% |
| 2005-03-31 | 32.53% |
| 2004-12-31 | 30.43% |
| 2004-09-30 | 31.51% |
| 2004-06-30 | 32.82% |
| 2004-03-31 | 35.27% |
| 2003-12-31 | 31.33% |
| 2003-09-30 | 29.36% |
| 2003-06-30 | 23.97% |
| 2003-03-31 | 31.09% |
| 2002-12-31 | 27.52% |
| 2002-09-30 | 31.21% |
