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 10.59% is in line with its 5-year average of 10.33%, around the middle of its 5-year range (8.75%–12.08%).
As of the fiscal period ended Tuesday, March 31, 2026. 8.90% above its 12-month average of 9.73%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
10.59%
OPERATING MARGIN AVG TTM
9.73%
OPERATING MARGIN AVG 3Y
9.86%
OPERATING MARGIN AVG 5Y
10.33%
OPERATING MARGIN AVG 10Y
10.16%
OPERATING MARGIN AVG 15Y
9.97%
OPERATING MARGIN AVG 20Y
9.64%
CURRENT VS TTM AVG
+8.90%
CURRENT VS 3Y AVG
+7.46%
CURRENT VS 5Y AVG
+2.51%
CURRENT VS 10Y AVG
+4.32%
CURRENT VS 15Y AVG
+6.24%
CURRENT VS 20Y AVG
+9.86%
SECTOR MEDIAN · INDUSTRIALS
13.71%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-22.73%
vs the sector median at left
Expeditors International of Washington, Inc.
Market Cap
$21.96B
Operating Margin
10.59%
TTM Avg
9.73%
3Y Avg
9.86%
5Y Avg
10.33%
Market Cap
$22.00B
Operating Margin
3.46%
TTM Avg
1.35%
3Y Avg
1.96%
5Y Avg
-3.91%
Market Cap
$21.23B
Operating Margin
23.78%
TTM Avg
25.75%
3Y Avg
25.91%
5Y Avg
25.40%
Market Cap
$22.96B
Operating Margin
22.74%
TTM Avg
23.23%
3Y Avg
23.00%
5Y Avg
22.67%
Market Cap
$23.60B
Operating Margin
9.61%
TTM Avg
8.56%
3Y Avg
6.91%
5Y Avg
5.59%
Market Cap
$24.88B
Operating Margin
17.22%
TTM Avg
16.69%
3Y Avg
16.04%
5Y Avg
13.42%
Market Cap
$24.97B
Operating Margin
20.21%
TTM Avg
20.11%
3Y Avg
18.47%
5Y Avg
16.67%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Expeditors International of Washington, Inc. (EXPD) | $21.96B | 10.59% | 9.73% | 9.86% | 10.33% |
| Southwest Airlines Co. (LUV)vs › | $22.00B | 3.46% | 1.35% | 1.96% | -3.91% |
| Snap-on Incorporated (SNA)vs › | $21.23B | 23.78% | 25.75% | 25.91% | 25.40% |
| Veralto Corporation (VLTO)vs › | $22.96B | 22.74% | 23.23% | 23.00% | 22.67% |
| MasTec, Inc. (MTZ)vs › | $20.79B | 5.79% | 4.05% | 2.67% | 2.65% |
| XPO Logistics, Inc. (XPO)vs › | $23.60B | 9.61% | 8.56% | 6.91% | 5.59% |
| Equifax Inc. (EFX)vs › | $20.28B | 17.85% | 18.19% | 18.68% | 19.04% |
| nVent Electric plc (NVT)vs › | $24.88B | 17.22% | 16.69% | 16.04% | 13.42% |
| Hubbell Incorporated (HUBB)vs › | $24.97B | 20.21% | 20.11% | 18.47% | 16.67% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.52B | 7.52% | 7.04% | 7.71% | 7.80% |
Gross Margin
20.2%
Operating Margin
10.6%
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 | 10.59% |
| 2025-12-31 | 8.79% |
| 2025-09-30 | 9.95% |
| 2025-06-30 | 9.34% |
| 2025-03-31 | 9.97% |
| 2024-12-31 | 10.19% |
| 2024-09-30 | 10.05% |
| 2024-06-30 | 9.18% |
| 2024-03-31 | 9.73% |
| 2023-12-31 | 8.75% |
| 2023-09-30 | 9.87% |
| 2023-06-30 | 11.09% |
| 2023-03-31 | 10.64% |
| 2022-12-31 | 9.58% |
| 2022-09-30 | 12.08% |
| 2022-06-30 | 10.99% |
| 2022-03-31 | 9.90% |
| 2021-12-31 | 11.55% |
| 2021-09-30 | 11.34% |
| 2021-06-30 | 11.38% |
| 2021-03-31 | 12.05% |
| 2020-12-31 | 8.89% |
| 2020-09-30 | 10.73% |
| 2020-06-30 | 10.27% |
| 2020-03-31 | 8.36% |
| 2019-12-31 | 8.82% |
| 2019-09-30 | 9.95% |
| 2019-06-30 | 9.44% |
| 2019-03-31 | 9.29% |
| 2018-12-31 | 9.71% |
| 2018-09-30 | 9.72% |
| 2018-06-30 | 9.38% |
| 2018-03-31 | 10.40% |
| 2017-12-31 | 10.47% |
| 2017-09-30 | 10.37% |
| 2017-06-30 | 10.06% |
| 2017-03-31 | 9.46% |
| 2016-12-31 | 10.49% |
| 2016-09-30 | 10.71% |
| 2016-06-30 | 12.13% |
| 2016-03-31 | 10.70% |
| 2015-12-31 | 11.15% |
| 2015-09-30 | 11.62% |
| 2015-06-30 | 10.80% |
| 2015-03-31 | 10.07% |
| 2014-12-31 | 8.93% |
| 2014-09-30 | 9.33% |
| 2014-06-30 | 8.91% |
| 2014-03-31 | 9.06% |
| 2013-12-31 | 8.18% |
| 2013-09-30 | 9.51% |
| 2013-06-30 | 9.55% |
| 2013-03-31 | 9.09% |
| 2012-12-31 | 8.35% |
| 2012-09-30 | 9.47% |
| 2012-06-30 | 8.80% |
| 2012-03-31 | 8.88% |
| 2011-12-31 | 10.32% |
| 2011-09-30 | 10.19% |
| 2011-06-30 | 9.63% |
| 2011-03-31 | 10.08% |
| 2010-12-31 | 9.39% |
| 2010-09-30 | 9.57% |
| 2010-06-30 | 9.13% |
| 2010-03-31 | 8.37% |
| 2009-12-31 | 8.85% |
| 2009-09-30 | 9.28% |
| 2009-06-30 | 9.71% |
| 2009-03-31 | 10.02% |
| 2008-12-31 | 9.12% |
| 2008-09-30 | 8.65% |
| 2008-06-30 | 7.77% |
| 2008-03-31 | 8.07% |
| 2007-12-31 | 7.44% |
| 2007-09-30 | 8.47% |
| 2007-06-30 | 8.08% |
| 2007-03-31 | 8.45% |
| 2006-12-31 | 8.02% |
| 2006-09-30 | 8.22% |
| 2006-06-30 | 7.85% |
| 2006-03-31 | 8.32% |
| 2005-12-31 | 8.42% |
| 2005-09-30 | 7.40% |
| 2005-06-30 | 6.33% |
| 2005-03-31 | 6.11% |
| 2004-12-31 | 7.12% |
| 2004-09-30 | 7.51% |
| 2004-06-30 | 7.29% |
| 2004-03-31 | 7.11% |
| 2003-12-31 | 8.00% |
| 2003-09-30 | 6.94% |
| 2003-06-30 | 6.60% |
| 2003-03-31 | 6.75% |
| 2002-12-31 | 7.95% |
| 2002-09-30 | 7.63% |
| 2002-06-30 | 6.74% |
