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 5.38% is 83% above its 5-year average of 2.94%, near the high end of its 5-year range (-1.98%–6.90%).
As of the fiscal period ended Tuesday, March 31, 2026. 239.61% above its 12-month average of 1.59%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
5.38%
OPERATING MARGIN AVG TTM
1.59%
OPERATING MARGIN AVG 3Y
2.41%
OPERATING MARGIN AVG 5Y
2.94%
OPERATING MARGIN AVG 10Y
2.72%
OPERATING MARGIN AVG 15Y
3.40%
OPERATING MARGIN AVG 20Y
3.55%
CURRENT VS TTM AVG
+239.61%
CURRENT VS 3Y AVG
+123.24%
CURRENT VS 5Y AVG
+83.46%
CURRENT VS 10Y AVG
+97.64%
CURRENT VS 15Y AVG
+58.44%
CURRENT VS 20Y AVG
+51.64%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.96%
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
-50.89%
vs the sector median at left
Market Cap
$41.62B
Operating Margin
12.92%
TTM Avg
14.77%
3Y Avg
17.54%
5Y Avg
17.35%
Market Cap
$41.07B
Operating Margin
31.47%
TTM Avg
31.31%
3Y Avg
31.84%
5Y Avg
31.07%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ford Motor Company (F) | $56.16B | 5.38% | 1.59% | 2.41% | 2.94% |
| Sea Limited (SE)vs › | $60.03B | 8.20% | 6.04% | 0.46% | -7.31% |
| NIKE, Inc. (NKE)vs › | $61.71B | 8.19% | 8.09% | 10.00% | 11.65% |
| eBay Inc. (EBAY)vs › | $48.57B | 19.58% | 21.52% | 21.56% | 23.99% |
| AutoZone, Inc. (AZO)vs › | $48.28B | 18.02% | 19.77% | 19.82% | 19.94% |
| Carvana Co. (CVNA)vs › | $66.31B | 9.19% | 8.29% | 1.23% | -0.31% |
| JD.com, Inc. (JD)vs › | $42.38B | -0.30% | 1.77% | 1.96% | 1.66% |
| D.R. Horton, Inc. (DHI)vs › | $41.62B | 12.92% | 14.77% | 17.54% | 17.35% |
| Yum! Brands, Inc. (YUM)vs › | $41.07B | 31.47% | 31.31% | 31.84% | 31.07% |
| Chipotle Mexican Grill, Inc. (CMG)vs › | $40.78B | 15.79% | 16.91% | 15.76% | 13.09% |
Gross Margin
9.2%
Operating Margin
5.4%
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 |
|---|---|
| 2026-03-31 | 5.38% |
| 2025-12-31 | -1.98% |
| 2025-09-30 | 3.25% |
| 2025-06-30 | 0.87% |
| 2025-03-31 | 0.40% |
| 2024-12-31 | 2.79% |
| 2024-09-30 | 1.60% |
| 2024-06-30 | 3.67% |
| 2024-03-31 | 2.95% |
| 2023-12-31 | -0.53% |
| 2023-09-30 | 2.66% |
| 2023-06-30 | 5.29% |
| 2023-03-31 | 5.01% |
| 2022-12-31 | 3.66% |
| 2022-09-30 | 1.54% |
| 2022-06-30 | 6.90% |
| 2022-03-31 | 4.12% |
| 2021-12-31 | 2.92% |
| 2021-09-30 | 3.95% |
| 2021-06-30 | 0.87% |
| 2021-03-31 | 6.32% |
| 2020-12-31 | -7.86% |
| 2020-09-30 | 6.99% |
| 2020-06-30 | -12.96% |
| 2020-03-31 | -5.39% |
| 2019-12-31 | -1.01% |
| 2019-09-30 | -1.07% |
| 2019-06-30 | 0.45% |
| 2019-03-31 | 2.91% |
| 2018-12-31 | 1.51% |
| 2018-09-30 | 2.13% |
| 2018-06-30 | 0.75% |
| 2018-03-31 | 2.38% |
| 2017-12-31 | 1.86% |
| 2017-09-30 | 2.35% |
| 2017-06-30 | 3.53% |
| 2017-03-31 | 3.38% |
| 2016-12-31 | -4.87% |
| 2016-09-30 | 1.63% |
| 2016-06-30 | 4.87% |
| 2016-03-31 | 6.50% |
| 2015-12-31 | 5.81% |
| 2015-09-30 | 6.92% |
| 2015-06-30 | 7.11% |
| 2015-03-31 | 3.67% |
| 2014-12-31 | 0.78% |
| 2014-09-30 | 1.41% |
| 2014-06-30 | 5.08% |
| 2014-03-31 | 2.14% |
| 2013-12-31 | 1.42% |
| 2013-09-30 | 4.76% |
| 2013-06-30 | 3.79% |
| 2013-03-31 | 4.98% |
| 2012-12-31 | -4.38% |
| 2012-09-30 | 5.55% |
| 2012-06-30 | 4.77% |
| 2012-03-31 | 5.62% |
| 2011-12-31 | 5.13% |
| 2011-09-30 | 7.77% |
| 2011-06-30 | 9.42% |
| 2011-03-31 | 10.88% |
| 2010-12-31 | 6.62% |
| 2010-09-30 | 10.18% |
| 2010-06-30 | 12.07% |
| 2010-03-31 | 10.57% |
| 2009-12-31 | 6.85% |
| 2009-09-30 | 8.09% |
| 2009-06-30 | -0.24% |
| 2009-03-31 | -4.58% |
| 2008-12-31 | -6.57% |
| 2008-09-30 | 6.84% |
| 2008-06-30 | -16.53% |
| 2008-03-31 | 5.54% |
| 2007-12-31 | 0.73% |
| 2007-09-30 | 7.15% |
| 2007-06-30 | 6.75% |
| 2007-03-31 | 5.27% |
| 2006-12-31 | -8.60% |
| 2006-09-30 | -13.33% |
| 2006-06-30 | 2.56% |
| 2006-03-31 | -1.24% |
| 2005-12-31 | 2.81% |
| 2005-09-30 | 2.16% |
| 2005-06-30 | 3.87% |
| 2005-03-31 | 3.86% |
| 2004-12-31 | 1.72% |
| 2004-09-30 | 5.48% |
| 2004-06-30 | 7.36% |
| 2004-03-31 | 10.06% |
| 2003-12-31 | 1.54% |
| 2003-09-30 | 5.26% |
| 2003-06-30 | 5.75% |
| 2003-03-31 | 1.97% |
| 2002-12-31 | 24.38% |
| 2002-09-30 | -1.89% |
| 2002-06-30 | 7.14% |