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 18.98% is 210% above its 5-year average of 6.13%, near the high end of its 5-year range (-160.61%–27.36%).
As of the fiscal period ended Tuesday, March 31, 2026. 29.67% above its 12-month average of 14.64%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
18.98%
OPERATING MARGIN AVG TTM
14.64%
OPERATING MARGIN AVG 3Y
13.81%
OPERATING MARGIN AVG 5Y
14.57%
OPERATING MARGIN AVG 10Y
11.96%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+29.67%
CURRENT VS 3Y AVG
+37.48%
CURRENT VS 5Y AVG
+30.26%
CURRENT VS 10Y AVG
+58.72%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
10.96%
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
+73.14%
vs the sector median at left
Market Cap
$6.90B
Operating Margin
4.89%
TTM Avg
5.57%
3Y Avg
2.66%
5Y Avg
4.87%
Market Cap
$8.89B
Operating Margin
15.88%
TTM Avg
15.84%
3Y Avg
2.63%
5Y Avg
-109.26%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Etsy, Inc. (ETSY) | $7.65B | 18.98% | 14.64% | 13.81% | 14.57% |
| CAVA Group, Inc. (CAVA)vs › | $7.22B | 7.17% | 5.60% | 0.32% | -1.86% |
| CarMax, Inc. (KMX)vs › | $8.27B | -1.85% | -1.21% | -1.06% | -0.18% |
| Mohawk Industries, Inc. (MHK)vs › | $6.90B | 4.89% | 5.57% | 2.66% | 4.87% |
| The Gap, Inc. (GAP)vs › | $6.84B | 8.44% | 7.31% | 4.49% | 2.76% |
| Crocs, Inc. (CROX)vs › | $6.69B | 21.50% | 23.44% | 24.30% | 23.70% |
| Chewy, Inc. (CHWY)vs › | $8.64B | 1.72% | 1.48% | 0.92% | 0.50% |
| LKQ Corporation (LKQ)vs › | $6.58B | 7.30% | 8.08% | 9.58% | 9.68% |
| Norwegian Cruise Line Holdings Ltd. (NCLH)vs › | $8.89B | 15.88% | 15.84% | 2.63% | -109.26% |
| Macy's, Inc. (M)vs › | $6.15B | 4.47% | 4.25% | 3.25% | 5.13% |
Gross Margin
72.0%
Operating Margin
19.0%
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 |
|---|---|
| 2026-03-31 | 18.98% |
| 2025-12-31 | 14.68% |
| 2025-09-30 | 12.20% |
| 2025-06-30 | 11.36% |
| 2025-03-31 | 15.98% |
| 2024-12-31 | 18.20% |
| 2024-09-30 | 13.11% |
| 2024-06-30 | 10.83% |
| 2024-03-31 | 10.54% |
| 2023-12-31 | 13.71% |
| 2023-09-30 | 13.92% |
| 2023-06-30 | -0.38% |
| 2023-03-31 | 12.20% |
| 2022-12-31 | 17.26% |
| 2022-09-30 | -160.61% |
| 2022-06-30 | 12.40% |
| 2022-03-31 | 14.56% |
| 2021-12-31 | 19.84% |
| 2021-09-30 | 15.73% |
| 2021-06-30 | 16.85% |
| 2021-03-31 | 27.36% |
| 2020-12-31 | 26.13% |
| 2020-09-30 | 26.17% |
| 2020-06-30 | 27.79% |
| 2020-03-31 | 11.12% |
| 2019-12-31 | 9.27% |
| 2019-09-30 | 7.19% |
| 2019-06-30 | 9.86% |
| 2019-03-31 | 18.69% |
| 2018-12-31 | 14.74% |
| 2018-09-30 | 12.46% |
| 2018-06-30 | 9.64% |
| 2018-03-31 | 11.41% |
| 2017-12-31 | 13.42% |
| 2017-09-30 | 6.98% |
| 2017-06-30 | -11.52% |
| 2017-03-31 | -2.17% |
| 2016-12-31 | 3.13% |
| 2016-09-30 | 3.05% |
| 2016-06-30 | 5.47% |
| 2016-03-31 | 8.29% |
| 2015-12-31 | 9.58% |
| 2015-09-30 | -2.54% |
| 2015-06-30 | -6.18% |
| 2015-03-31 | -8.27% |
| 2014-12-31 | 0.27% |
| 2014-09-30 | -6.41% |
| 2014-06-30 | -8.93% |
| 2014-03-31 | 1.03% |
| 2013-12-31 | 3.50% |
| 2013-09-30 | -1.78% |
| 2013-06-30 | -1.88% |
| 2013-03-31 | -0.35% |
