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 20.29% is in line with its 5-year average of 20.46%, around the middle of its 5-year range (18.90%–21.56%).
0.51% below its 12-month average of 20.39%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
20.29%
OPERATING MARGIN AVG TTM
20.39%
OPERATING MARGIN AVG 3Y
20.32%
OPERATING MARGIN AVG 5Y
20.46%
OPERATING MARGIN AVG 10Y
20.25%
OPERATING MARGIN AVG 15Y
20.57%
OPERATING MARGIN AVG 20Y
20.22%
CURRENT VS TTM AVG
-0.51%
CURRENT VS 3Y AVG
-0.13%
CURRENT VS 5Y AVG
-0.84%
CURRENT VS 10Y AVG
+0.21%
CURRENT VS 15Y AVG
-1.36%
CURRENT VS 20Y AVG
+0.34%
SECTOR MEDIAN · INDUSTRIALS
11.95%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+69.86%
vs the sector median at left
Fastenal Company
Market Cap
$56.92B
Operating Margin
20.29%
TTM Avg
20.39%
3Y Avg
20.32%
5Y Avg
20.46%
Market Cap
$56.67B
Operating Margin
16.46%
TTM Avg
12.54%
3Y Avg
9.81%
5Y Avg
8.67%
Market Cap
$52.72B
Operating Margin
8.08%
TTM Avg
9.46%
3Y Avg
8.92%
5Y Avg
-5.16%
Market Cap
$62.53B
Operating Margin
14.57%
TTM Avg
15.18%
3Y Avg
15.12%
5Y Avg
13.50%
Market Cap
$51.03B
Operating Margin
18.71%
TTM Avg
20.71%
3Y Avg
22.42%
5Y Avg
22.42%
Market Cap
$62.86B
Operating Margin
24.79%
TTM Avg
25.59%
3Y Avg
26.46%
5Y Avg
25.20%
Market Cap
$49.22B
Operating Margin
7.05%
TTM Avg
9.05%
3Y Avg
10.00%
5Y Avg
11.75%
Market Cap
$65.00B
Operating Margin
46.19%
TTM Avg
45.81%
3Y Avg
44.20%
5Y Avg
41.06%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fastenal Company (FAST) | $56.92B | 20.29% | 20.39% | 20.32% | 20.46% |
| Comfort Systems USA, Inc. (FIX)vs › | $56.67B | 16.46% | 12.54% | 9.81% | 8.67% |
| AMETEK, Inc. (AME)vs › | $54.49B | 26.13% | 25.89% | 25.52% | 24.72% |
| Delta Air Lines, Inc. (DAL)vs › | $52.72B | 8.08% | 9.46% | 8.92% | -5.16% |
| W.W. Grainger, Inc. (GWW)vs › | $62.53B | 14.57% | 15.18% | 15.12% | 13.50% |
| Honeywell Aerospace Inc (HONA)vs › | $51.03B | 18.71% | 20.71% | 22.42% | 22.42% |
| United Rentals, Inc. (URI)vs › | $62.86B | 24.79% | 25.59% | 26.46% | 25.20% |
| Carrier Global Corporation (CARR)vs › | $49.22B | 7.05% | 9.05% | 10.00% | 11.75% |
| TransDigm Group Incorporated (TDG)vs › | $65.00B | 46.19% | 45.81% | 44.20% | 41.06% |
| Rockwell Automation, Inc. (ROK)vs › | $48.27B | 21.69% | 16.18% | 17.07% | 15.99% |
Gross Margin
44.7%
Operating Margin
20.3%
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 | 21.02% |
| 2026-03-31 | 20.33% |
| 2025-12-31 | 18.96% |
| 2025-09-30 | 20.70% |
| 2025-06-30 | 20.96% |
| 2025-03-31 | 20.10% |
| 2024-12-31 | 18.90% |
| 2024-09-30 | 20.32% |
| 2024-06-30 | 20.19% |
| 2024-03-31 | 20.59% |
| 2023-12-31 | 20.12% |
| 2023-09-30 | 20.95% |
| 2023-06-30 | 20.97% |
| 2023-03-31 | 21.15% |
| 2022-12-31 | 19.63% |
| 2022-09-30 | 21.04% |
| 2022-06-30 | 21.56% |
| 2022-03-31 | 21.01% |
| 2021-12-31 | 19.64% |
| 2021-09-30 | 20.49% |
| 2021-06-30 | 21.08% |
| 2021-03-31 | 19.78% |
| 2020-12-31 | 19.47% |
| 2020-09-30 | 20.53% |
| 2020-06-30 | 20.94% |
| 2020-03-31 | 19.85% |
| 2019-12-31 | 18.71% |
| 2019-09-30 | 20.44% |
| 2019-06-30 | 20.10% |
| 2019-03-31 | 19.96% |
| 2018-12-31 | 18.95% |
| 2018-09-30 | 20.50% |
| 2018-06-30 | 21.22% |
| 2018-03-31 | 19.78% |
| 2017-12-31 | 18.68% |
| 2017-09-30 | 20.17% |
| 2017-06-30 | 21.18% |
| 2017-03-31 | 20.28% |
| 2016-12-31 | 19.25% |
| 2016-09-30 | 20.03% |
| 2016-06-30 | 20.63% |
| 2016-03-31 | 20.39% |
| 2015-12-31 | 19.41% |
| 2015-09-30 | 22.11% |
| 2015-06-30 | 22.63% |
| 2015-03-31 | 21.37% |
| 2014-12-31 | 20.41% |
| 2014-09-30 | 21.70% |
| 2014-06-30 | 21.77% |
| 2014-03-31 | 20.41% |
| 2013-12-31 | 19.31% |
| 2013-09-30 | 21.96% |
| 2013-06-30 | 22.68% |
| 2013-03-31 | 21.67% |
| 2012-12-31 | 20.85% |
| 2012-09-30 | 21.89% |
| 2012-06-30 | 22.23% |
| 2012-03-31 | 20.94% |
| 2011-12-31 | 20.15% |
| 2011-09-30 | 21.36% |
| 2011-06-30 | 21.39% |
| 2011-03-31 | 20.09% |
| 2010-12-31 | 18.63% |
| 2010-09-30 | 19.96% |
| 2010-06-30 | 19.58% |
| 2010-03-31 | 17.37% |
| 2009-12-31 | 14.90% |
| 2009-09-30 | 15.61% |
| 2009-06-30 | 14.73% |
| 2009-03-31 | 16.02% |
| 2008-12-31 | 18.22% |
| 2008-09-30 | 18.82% |
| 2008-06-30 | 20.41% |
| 2008-03-21 | 19.42% |
| 2007-12-31 | 17.65% |
| 2007-09-30 | 18.52% |
| 2007-06-30 | 18.74% |
| 2007-03-31 | 18.08% |
| 2006-12-31 | 16.25% |
| 2006-09-30 | 18.54% |
| 2006-06-30 | 18.05% |
| 2006-03-31 | 17.82% |
| 2005-12-31 | 16.36% |
| 2005-09-30 | 18.37% |
| 2005-06-30 | 18.72% |
| 2005-03-31 | 16.88% |
| 2004-12-31 | 15.84% |
| 2004-09-30 | 17.10% |
| 2004-06-30 | 18.02% |
| 2004-03-31 | 15.88% |
| 2003-12-31 | 12.68% |
| 2003-09-30 | 14.47% |
| 2003-06-30 | 14.15% |
| 2003-03-31 | 12.97% |
| 2002-12-31 | 12.15% |
| 2002-09-30 | 12.86% |