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 17.37% is 17% above its 5-year average of 14.82%, near the high end of its 5-year range (9.29%–18.73%).
0.27% below its 12-month average of 17.42%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
17.37%
OPERATING MARGIN AVG TTM
17.42%
OPERATING MARGIN AVG 3Y
16.46%
OPERATING MARGIN AVG 5Y
14.82%
OPERATING MARGIN AVG 10Y
14.81%
OPERATING MARGIN AVG 15Y
13.83%
OPERATING MARGIN AVG 20Y
13.40%
CURRENT VS TTM AVG
-0.27%
CURRENT VS 3Y AVG
+5.50%
CURRENT VS 5Y AVG
+17.24%
CURRENT VS 10Y AVG
+17.30%
CURRENT VS 15Y AVG
+25.57%
CURRENT VS 20Y AVG
+29.63%
SECTOR MEDIAN · BASIC MATERIALS
16.68%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+4.11%
vs the sector median at left
Market Cap
$79.26B
Operating Margin
16.36%
TTM Avg
16.21%
3Y Avg
15.41%
5Y Avg
15.09%
Market Cap
$74.24B
Operating Margin
52.36%
TTM Avg
41.12%
3Y Avg
33.81%
5Y Avg
34.92%
Market Cap
$70.38B
Operating Margin
72.80%
TTM Avg
58.56%
3Y Avg
53.73%
5Y Avg
54.19%
Market Cap
$88.66B
Operating Margin
13.90%
TTM Avg
11.27%
3Y Avg
10.80%
5Y Avg
10.46%
Market Cap
$66.34B
Operating Margin
-4.71%
TTM Avg
14.81%
3Y Avg
16.96%
5Y Avg
19.20%
Market Cap
$58.54B
Operating Margin
11.47%
TTM Avg
8.93%
3Y Avg
11.94%
5Y Avg
14.44%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ecolab Inc. (ECL) | $78.18B | 17.37% | 17.42% | 16.46% | 14.82% |
| The Sherwin-Williams Company (SHW)vs › | $79.26B | 16.36% | 16.21% | 15.41% | 15.09% |
| Barrick Mining Corporation (B)vs › | $74.24B | 52.36% | 41.12% | 33.81% | 34.92% |
| Wheaton Precious Metals Corp. (WPM)vs › | $70.38B | 72.80% | 58.56% | 53.73% | 54.19% |
| Johnson Controls International plc (JCI)vs › | $88.66B | 13.90% | 11.27% | 10.80% | 10.46% |
| Vale S.A. (VALE)vs › | $66.55B | 28.32% | 28.66% | 32.64% | 35.64% |
| Air Products and Chemicals, Inc. (APD)vs › | $66.34B | -4.71% | 14.81% | 16.96% | 19.20% |
| CRH plc (CRH)vs › | $61.01B | 14.21% | 14.27% | 13.76% | 12.85% |
| Nucor Corporation (NUE)vs › | $58.54B | 11.47% | 8.93% | 11.94% | 14.44% |
| Corteva, Inc. (CTVA)vs › | $57.52B | 17.08% | 13.73% | 12.69% | 10.85% |
Gross Margin
44.1%
Operating Margin
17.4%
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 | 17.16% |
| 2026-03-31 | 15.30% |
| 2025-12-31 | 18.73% |
| 2025-09-30 | 18.25% |
| 2025-06-30 | 17.64% |
| 2025-03-31 | 15.88% |
| 2024-12-31 | 17.13% |
| 2024-09-30 | 17.69% |
| 2024-06-30 | 16.88% |
| 2024-03-31 | 14.57% |
| 2023-12-31 | 15.58% |
| 2023-09-30 | 15.76% |
| 2023-06-30 | 13.47% |
| 2023-03-31 | 11.33% |
| 2022-12-31 | 14.85% |
| 2022-09-30 | 10.98% |
| 2022-06-30 | 10.00% |
| 2022-03-31 | 9.29% |
| 2021-12-31 | 11.45% |
| 2021-09-30 | 13.99% |
| 2021-06-30 | 15.21% |
| 2021-03-31 | 12.01% |
| 2020-12-31 | 15.56% |
| 2020-09-30 | 19.36% |
| 2020-06-30 | 10.80% |
| 2020-03-31 | 12.68% |
| 2019-12-31 | 16.67% |
| 2019-09-30 | 17.60% |
| 2019-06-30 | 14.43% |
| 2019-03-31 | 11.63% |
| 2018-12-31 | 14.22% |
| 2018-09-30 | 15.42% |
| 2018-06-30 | 11.40% |
| 2018-03-31 | 12.91% |
| 2017-12-31 | 17.91% |
| 2017-09-30 | 19.61% |
| 2017-06-30 | 16.28% |
| 2017-03-31 | 11.89% |
| 2016-12-31 | 15.90% |
| 2016-09-30 | 17.24% |
| 2016-06-30 | 12.44% |
| 2016-03-31 | 11.99% |
| 2015-12-31 | 9.46% |
| 2015-09-30 | 11.98% |
| 2015-06-30 | 12.92% |
| 2015-03-31 | 11.76% |
| 2014-12-31 | 14.14% |
| 2014-09-30 | 15.46% |
| 2014-06-30 | 14.35% |
| 2014-03-31 | 10.52% |
| 2013-12-31 | 13.22% |
| 2013-09-30 | 13.66% |
| 2013-06-30 | 10.55% |
| 2013-03-31 | 9.11% |
| 2012-12-31 | 12.99% |
| 2012-09-30 | 13.27% |
| 2012-06-30 | 11.04% |
| 2012-03-31 | 5.90% |
| 2011-12-31 | 8.90% |
| 2011-09-30 | 13.80% |
| 2011-06-30 | 11.67% |
| 2011-03-31 | 9.99% |
| 2010-12-31 | 12.92% |
| 2010-09-30 | 15.69% |
| 2010-06-30 | 13.44% |
| 2010-03-31 | 10.74% |
| 2009-12-31 | 12.52% |
| 2009-09-30 | 14.42% |
| 2009-06-30 | 11.45% |
| 2009-03-31 | 7.23% |
| 2008-12-31 | 9.42% |
| 2008-09-30 | 12.40% |
| 2008-06-30 | 13.41% |
| 2008-03-31 | 11.01% |
| 2007-12-31 | 12.11% |
| 2007-09-30 | 12.14% |
| 2007-06-30 | 12.70% |
| 2007-03-31 | 11.83% |
| 2006-12-31 | 11.46% |
| 2006-09-30 | 14.18% |
| 2006-06-30 | 12.49% |
| 2006-03-31 | 11.74% |
| 2005-12-31 | 8.59% |
| 2005-09-30 | 14.73% |
| 2005-06-30 | 12.63% |
| 2005-03-31 | 11.81% |
| 2004-12-31 | 11.48% |
| 2004-09-30 | 14.58% |
| 2004-06-30 | 13.03% |
| 2004-03-31 | 11.86% |
| 2003-12-31 | 11.95% |
| 2003-09-30 | 14.80% |
| 2003-06-30 | 12.82% |
| 2003-03-31 | 11.59% |
| 2002-12-31 | 10.58% |
| 2002-09-30 | 14.63% |
