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 18.05% is 11% above its 5-year average of 16.32%, near the low end of its 5-year range (13.62%–36.23%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.67% above its 12-month average of 17.93%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
18.05%
OPERATING MARGIN AVG TTM
17.93%
OPERATING MARGIN AVG 3Y
17.24%
OPERATING MARGIN AVG 5Y
16.32%
OPERATING MARGIN AVG 10Y
16.22%
OPERATING MARGIN AVG 15Y
17.24%
OPERATING MARGIN AVG 20Y
16.96%
CURRENT VS TTM AVG
+0.67%
CURRENT VS 3Y AVG
+4.74%
CURRENT VS 5Y AVG
+10.62%
CURRENT VS 10Y AVG
+11.30%
CURRENT VS 15Y AVG
+4.71%
CURRENT VS 20Y AVG
+6.46%
SECTOR MEDIAN · HEALTHCARE
15.73%
median of 85 covered companies
CURRENT VS SECTOR MEDIAN
+14.78%
vs the sector median at left
Encompass Health Corporation
Market Cap
$11.86B
Operating Margin
18.05%
TTM Avg
17.93%
3Y Avg
17.24%
5Y Avg
16.32%
Market Cap
$11.38B
Operating Margin
13.33%
TTM Avg
15.23%
3Y Avg
16.08%
5Y Avg
17.45%
Market Cap
$11.35B
Operating Margin
20.73%
TTM Avg
14.55%
3Y Avg
18.31%
5Y Avg
20.93%
Market Cap
$12.38B
Operating Margin
-19.76%
TTM Avg
-59.77%
3Y Avg
-59.80%
5Y Avg
-72.77%
Market Cap
$11.13B
Operating Margin
20.75%
TTM Avg
11.46%
3Y Avg
13.43%
5Y Avg
14.29%
Market Cap
$10.50B
Operating Margin
9.08%
TTM Avg
10.48%
3Y Avg
12.70%
5Y Avg
14.08%
Market Cap
$10.45B
Operating Margin
11.36%
TTM Avg
11.05%
3Y Avg
9.46%
5Y Avg
10.06%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Encompass Health Corporation (EHC) | $11.86B | 18.05% | 17.93% | 17.24% | 16.32% |
| DaVita Inc. (DVA)vs › | $11.48B | 15.06% | 15.52% | 13.94% | 14.32% |
| Align Technology, Inc. (ALGN)vs › | $11.38B | 13.33% | 15.23% | 16.08% | 17.45% |
| Bio-Techne Corporation (TECH)vs › | $11.35B | 20.73% | 14.55% | 18.31% | 20.93% |
| Tempus AI, Inc. (TEM)vs › | $12.38B | -19.76% | -59.77% | -59.80% | -72.77% |
| Globus Medical, Inc. (GMED)vs › | $11.13B | 20.75% | 11.46% | 13.43% | 14.29% |
| Penumbra, Inc. (PEN)vs › | $12.64B | 12.45% | 10.35% | 7.09% | 3.40% |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $10.50B | 9.08% | 10.48% | 12.70% | 14.08% |
| Universal Health Services, Inc. (UHS)vs › | $10.45B | 11.36% | 11.05% | 9.46% | 10.06% |
| Molina Healthcare, Inc. (MOH)vs › | $10.37B | 0.66% | 2.96% | 3.72% | 4.01% |
Gross Margin
95.7%
Operating Margin
18.1%
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 | 18.05% |
| 2026-03-31 | 19.01% |
| 2025-12-31 | 18.35% |
| 2025-09-30 | 16.49% |
| 2025-06-30 | 17.77% |
| 2025-03-31 | 18.35% |
| 2024-12-31 | 16.53% |
| 2024-09-30 | 15.48% |
| 2024-06-30 | 16.57% |
| 2024-03-31 | 15.77% |
| 2023-12-31 | 35.68% |
| 2023-09-30 | 35.66% |
| 2023-06-30 | 36.16% |
| 2023-03-31 | 36.23% |
| 2022-12-31 | 15.80% |
| 2022-09-30 | 13.62% |
| 2022-06-30 | 14.07% |
| 2022-03-31 | 14.41% |
| 2021-12-31 | 13.67% |
| 2021-09-30 | 16.50% |
| 2021-06-30 | 17.01% |
| 2021-03-31 | 16.88% |
| 2020-12-31 | 15.89% |
| 2020-09-30 | 14.69% |
| 2020-06-30 | 9.24% |
| 2020-03-31 | 15.48% |
| 2019-12-31 | 13.73% |
| 2019-09-30 | 14.80% |
| 2019-06-30 | 15.02% |
| 2019-03-31 | 16.68% |
| 2018-12-31 | 14.84% |
| 2018-09-30 | 16.21% |
| 2018-06-30 | 16.55% |
| 2018-03-31 | 16.17% |
| 2017-12-31 | 16.71% |
| 2017-09-30 | 16.53% |
| 2017-06-30 | 16.11% |
| 2017-03-31 | 16.99% |
| 2016-12-31 | 17.08% |
| 2016-09-30 | 17.77% |
| 2016-06-30 | 18.38% |
| 2016-03-31 | 17.97% |
| 2015-12-31 | 17.50% |
| 2015-09-30 | 17.70% |
| 2015-06-30 | 18.37% |
| 2015-03-31 | 17.63% |
| 2014-12-31 | 17.98% |
| 2014-09-30 | 19.28% |
| 2014-06-30 | 21.31% |
| 2014-03-31 | 19.92% |
| 2013-12-31 | 20.93% |
| 2013-09-30 | 19.75% |
| 2013-06-30 | 19.66% |
| 2013-03-31 | 21.30% |
| 2012-12-31 | 18.69% |
| 2012-09-30 | 18.94% |
| 2012-06-30 | 19.51% |
| 2012-03-31 | 19.80% |
| 2011-12-31 | 74.46% |
| 2011-09-30 | 18.12% |
| 2011-06-30 | 20.00% |
| 2011-03-31 | 19.69% |
| 2010-12-31 | 18.07% |
| 2010-09-30 | 16.32% |
| 2010-06-30 | 16.86% |
| 2010-03-31 | 17.90% |
| 2010-01-20 | 16.08% |
| 2009-09-30 | 14.18% |
| 2009-06-30 | 7.75% |
| 2009-03-31 | 19.60% |
| 2008-12-31 | 8.78% |
| 2008-09-30 | 8.89% |
| 2008-06-30 | 15.86% |
| 2008-03-31 | 20.14% |
| 2007-12-31 | 14.10% |
| 2007-09-30 | 12.40% |
| 2007-06-30 | 10.55% |
| 2007-03-31 | 5.87% |
| 2006-12-31 | 8.50% |
| 2006-09-30 | 6.60% |
| 2006-06-30 | 10.01% |
| 2006-03-31 | 3.58% |
| 2005-12-31 | 51.88% |
| 2005-09-30 | 13.97% |
| 2005-06-30 | 7.13% |
| 2005-03-31 | -14.90% |
| 2004-12-31 | -0.55% |
| 2003-12-31 | -66.94% |
| 2002-12-31 | -22.01% |
| 2002-09-30 | 28.05% |
| 2002-06-30 | 35.77% |
| 2002-03-31 | 34.82% |
| 2001-12-31 | 34.40% |
| 2001-09-28 | 33.57% |
| 2001-06-30 | 34.24% |
| 2001-03-31 | 32.50% |
