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 22.51% is 13% below its 5-year average of 25.81%, near the low end of its 5-year range (16.95%–43.66%).
2.79% above its 12-month average of 21.90%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 22.82%.
OPERATING MARGIN
22.51%
OPERATING MARGIN AVG TTM
21.90%
OPERATING MARGIN AVG 3Y
20.59%
OPERATING MARGIN AVG 5Y
25.81%
OPERATING MARGIN AVG 10Y
19.91%
OPERATING MARGIN AVG 15Y
23.78%
OPERATING MARGIN AVG 20Y
19.56%
CURRENT VS TTM AVG
+2.79%
CURRENT VS 3Y AVG
+9.35%
CURRENT VS 5Y AVG
-12.80%
CURRENT VS 10Y AVG
+13.08%
CURRENT VS 15Y AVG
-5.36%
CURRENT VS 20Y AVG
+15.08%
SECTOR MEDIAN · FINANCIAL SERVICES
17.79%
median of 428 covered companies
CURRENT VS SECTOR MEDIAN
+26.53%
vs the sector median at left
First Business Financial Services, Inc.
Market Cap
$590.70M
Operating Margin
22.51%
TTM Avg
21.90%
3Y Avg
20.59%
5Y Avg
25.81%
Market Cap
$596.62M
Operating Margin
N/A
TTM Avg
-317.88%
3Y Avg
-805.85%
5Y Avg
-866.17%
Market Cap
$584.49M
Operating Margin
32.12%
TTM Avg
29.10%
3Y Avg
29.51%
5Y Avg
33.70%
Market Cap
$583.39M
Operating Margin
13.66%
TTM Avg
11.34%
3Y Avg
3.91%
5Y Avg
14.51%
Market Cap
$598.14M
Operating Margin
-35.00%
TTM Avg
-20.70%
3Y Avg
-9.86%
5Y Avg
-7.36%
Market Cap
$582.80M
Operating Margin
-358.60%
TTM Avg
-237.62%
3Y Avg
-264.25%
5Y Avg
-264.25%
Market Cap
$569.67M
Operating Margin
13.20%
TTM Avg
19.04%
3Y Avg
25.89%
5Y Avg
29.84%
Market Cap
$567.90M
Operating Margin
9.10%
TTM Avg
8.14%
3Y Avg
4.10%
5Y Avg
4.71%
Market Cap
$617.85M
Operating Margin
16.19%
TTM Avg
19.79%
3Y Avg
24.58%
5Y Avg
29.63%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Business Financial Services, Inc. (FBIZ) | $590.70M | 22.51% | 21.90% | 20.59% | 25.81% |
| Chaince Digital Holdings Inc. (CD)vs › | $596.62M | N/A | -317.88% | -805.85% | -866.17% |
| Greene County Bancorp, Inc. (GCBC)vs › | $584.49M | 32.12% | 29.10% | 29.51% | 33.70% |
| Kearny Financial Corp. (KRNY)vs › | $583.39M | 13.66% | 11.34% | 3.91% | 14.51% |
| Forward Industries, Inc. (FWDI)vs › | $598.14M | -35.00% | -20.70% | -9.86% | -7.36% |
| Gemini Space Station, Inc. (GEMI)vs › | $582.80M | -358.60% | -237.62% | -264.25% | -264.25% |
| Bridgewater Bancshares, Inc. (BWB)vs › | $569.67M | 13.20% | 19.04% | 25.89% | 29.84% |
| Donegal Group Inc. (DGICB)vs › | $567.90M | 9.10% | 8.14% | 4.10% | 4.71% |
| Arrow Financial Corporation (AROW)vs › | $617.85M | 16.19% | 19.79% | 24.58% | 29.63% |
| Gladstone Investment Corp. (GAIN)vs › | $618.83M | 315.85% | 194.26% | 136.11% | 119.24% |
Operating Margin
22.5%
Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
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 | 22.82% |
| 2026-03-31 | 20.35% |
| 2025-12-31 | 23.13% |
| 2025-09-30 | 23.69% |
| 2025-06-30 | 19.51% |
| 2025-03-31 | 20.06% |
| 2024-12-31 | 22.46% |
| 2024-09-30 | 19.40% |
| 2024-06-30 | 18.94% |
| 2024-03-31 | 16.95% |
| 2023-12-31 | 20.16% |
| 2023-09-30 | 20.25% |
| 2023-06-30 | 19.91% |
| 2023-03-31 | 23.35% |
| 2022-12-31 | 27.72% |
| 2022-09-30 | 35.12% |
| 2022-06-30 | 43.66% |
| 2022-03-31 | 34.29% |
| 2021-12-31 | 36.83% |
| 2021-09-30 | 38.73% |
| 2021-06-30 | 34.76% |
| 2021-03-31 | 41.28% |
| 2020-12-31 | 22.76% |
| 2020-09-30 | 18.38% |
| 2020-06-30 | 5.12% |
| 2020-03-31 | 13.94% |
| 2019-12-31 | 22.69% |
| 2019-09-30 | 20.74% |
| 2019-06-30 | 20.59% |
| 2019-03-31 | 16.26% |
| 2018-12-31 | 9.18% |
| 2018-09-30 | 23.89% |
| 2018-06-30 | 14.80% |
| 2018-03-31 | 17.75% |
| 2017-12-31 | 17.26% |
| 2017-09-30 | 15.40% |
| 2017-06-30 | 9.81% |
| 2017-03-31 | 21.52% |
| 2016-12-31 | 21.46% |
| 2016-09-30 | -1.85% |
| 2016-06-30 | 21.14% |
| 2016-03-31 | 29.00% |
| 2015-12-31 | 26.63% |
| 2015-09-30 | 28.97% |
| 2015-06-30 | 26.89% |
| 2015-03-31 | 28.83% |
| 2014-12-31 | 26.21% |
| 2014-09-30 | 33.29% |
| 2014-06-30 | 34.53% |
| 2014-03-31 | 32.37% |
| 2013-12-31 | 36.49% |
| 2013-09-30 | 35.44% |
| 2013-06-30 | 31.49% |
| 2013-03-31 | 32.24% |
| 2012-12-31 | 24.20% |
| 2012-09-30 | 24.96% |
| 2012-06-30 | 14.74% |
| 2012-03-31 | 22.22% |
| 2011-12-31 | 23.04% |
| 2011-09-30 | 23.01% |
| 2011-06-30 | 16.34% |
| 2011-03-31 | 12.65% |
| 2010-12-31 | 7.04% |
| 2010-09-30 | 9.45% |
| 2010-06-30 | -5.85% |
| 2010-03-31 | 9.93% |
| 2009-12-31 | -4.11% |
| 2009-09-30 | 14.37% |
| 2009-06-30 | 2.59% |
| 2009-03-31 | -2.00% |
| 2008-12-31 | 0.98% |
| 2008-09-30 | 12.59% |
| 2008-06-30 | 10.87% |
| 2008-03-31 | 7.73% |
| 2007-12-31 | 8.22% |
| 2007-09-30 | 8.69% |
| 2007-06-30 | 8.35% |
| 2007-03-31 | 6.28% |
| 2006-12-31 | 9.71% |
| 2006-09-30 | 8.92% |
| 2006-06-30 | 12.92% |
| 2006-03-31 | 10.98% |
| 2005-12-31 | 14.83% |
| 2005-09-30 | 13.52% |
| 2005-06-30 | 18.75% |
| 2004-12-31 | 5.65% |
| 2004-09-30 | 47.34% |
| 2004-06-30 | 51.15% |
| 2004-03-31 | 33.97% |
