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 26.70% is in line with its 5-year average of 28.83%, around the middle of its 5-year range (14.40%–41.02%).
2.77% below its 12-month average of 27.46%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
26.70%
OPERATING MARGIN AVG TTM
27.46%
OPERATING MARGIN AVG 3Y
26.66%
OPERATING MARGIN AVG 5Y
28.83%
OPERATING MARGIN AVG 10Y
22.97%
OPERATING MARGIN AVG 15Y
24.08%
OPERATING MARGIN AVG 20Y
28.91%
CURRENT VS TTM AVG
-2.77%
CURRENT VS 3Y AVG
+0.15%
CURRENT VS 5Y AVG
-7.38%
CURRENT VS 10Y AVG
+16.22%
CURRENT VS 15Y AVG
+10.90%
CURRENT VS 20Y AVG
-7.66%
SECTOR MEDIAN · BASIC MATERIALS
16.68%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+60.02%
vs the sector median at left
Freeport-McMoRan Inc.
Market Cap
$110.16B
Operating Margin
26.70%
TTM Avg
27.46%
3Y Avg
26.66%
5Y Avg
28.83%
Market Cap
$88.66B
Operating Margin
13.90%
TTM Avg
11.27%
3Y Avg
10.80%
5Y Avg
10.46%
Market Cap
$133.91B
Operating Margin
51.36%
TTM Avg
38.91%
3Y Avg
24.23%
5Y Avg
23.10%
Market Cap
$79.16B
Operating Margin
16.36%
TTM Avg
16.21%
3Y Avg
15.41%
5Y Avg
15.09%
Market Cap
$73.89B
Operating Margin
52.36%
TTM Avg
41.12%
3Y Avg
33.81%
5Y Avg
34.92%
Market Cap
$70.44B
Operating Margin
72.80%
TTM Avg
58.56%
3Y Avg
53.73%
5Y Avg
54.19%
Market Cap
$66.30B
Operating Margin
-4.71%
TTM Avg
14.81%
3Y Avg
16.96%
5Y Avg
19.20%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Freeport-McMoRan Inc. (FCX) | $110.16B | 26.70% | 27.46% | 26.66% | 28.83% |
| Johnson Controls International plc (JCI)vs › | $88.66B | 13.90% | 11.27% | 10.80% | 10.46% |
| Newmont Corporation (NEM)vs › | $133.91B | 51.36% | 38.91% | 24.23% | 23.10% |
| The Sherwin-Williams Company (SHW)vs › | $79.16B | 16.36% | 16.21% | 15.41% | 15.09% |
| Ecolab Inc. (ECL)vs › | $78.27B | 17.37% | 17.36% | 15.04% | 14.65% |
| Barrick Mining Corporation (B)vs › | $73.89B | 52.36% | 41.12% | 33.81% | 34.92% |
| Wheaton Precious Metals Corp. (WPM)vs › | $70.44B | 72.80% | 58.56% | 53.73% | 54.19% |
| Vale S.A. (VALE)vs › | $66.36B | 28.32% | 28.66% | 32.64% | 35.64% |
| Air Products and Chemicals, Inc. (APD)vs › | $66.30B | -4.71% | 14.81% | 16.96% | 19.20% |
| CRH plc (CRH)vs › | $60.55B | 14.21% | 14.27% | 13.76% | 12.85% |
Gross Margin
26.9%
Operating Margin
26.7%
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 | 28.50% |
| 2026-03-31 | 34.28% |
| 2025-12-31 | 14.40% |
| 2025-09-30 | 28.06% |
| 2025-06-30 | 32.08% |
| 2025-03-31 | 19.64% |
| 2024-12-31 | 23.08% |
| 2024-09-30 | 27.65% |
| 2024-06-30 | 28.45% |
| 2024-03-31 | 24.67% |
| 2023-12-31 | 27.92% |
| 2023-09-30 | 26.19% |
| 2023-06-30 | 27.04% |
| 2023-03-31 | 25.88% |
| 2022-12-31 | 22.24% |
| 2022-09-30 | 24.50% |
| 2022-06-30 | 40.07% |
| 2022-03-31 | 41.02% |
| 2021-12-31 | 34.73% |
| 2021-09-30 | 40.51% |
| 2021-06-30 | 34.45% |
| 2021-03-31 | 29.05% |
| 2020-12-31 | 22.77% |
| 2020-09-30 | 21.41% |
| 2020-06-30 | 12.14% |
| 2020-03-31 | -7.01% |
| 2019-12-31 | 7.34% |
| 2019-09-30 | 1.03% |
| 2019-06-30 | 4.29% |
| 2019-03-31 | 4.50% |
| 2018-12-31 | 8.37% |
| 2018-09-30 | 27.22% |
| 2018-06-30 | 31.79% |
| 2018-03-31 | 31.33% |
| 2017-12-31 | 25.07% |
| 2017-09-30 | 23.34% |
| 2017-06-30 | 17.55% |
| 2017-03-31 | 13.88% |
| 2016-12-31 | 17.18% |
| 2016-09-30 | 14.83% |
| 2016-06-30 | 0.54% |
| 2016-03-31 | -119.43% |
| 2015-12-31 | -108.04% |
| 2015-09-30 | -107.17% |
| 2015-06-30 | -55.89% |
| 2015-03-31 | -71.35% |
| 2014-12-31 | -63.02% |
| 2014-09-30 | 19.87% |
| 2014-06-30 | 20.88% |
| 2014-03-31 | 22.29% |
| 2013-12-31 | 28.04% |
| 2013-09-30 | 27.69% |
| 2013-06-30 | 14.90% |
| 2013-03-31 | 29.57% |
| 2012-12-31 | 30.09% |
| 2012-09-30 | 31.94% |
| 2012-06-30 | 29.30% |
| 2012-03-31 | 37.65% |
| 2011-12-31 | 31.16% |
| 2011-09-30 | 41.39% |
| 2011-06-30 | 47.42% |
| 2011-03-31 | 51.43% |
| 2010-12-31 | 55.27% |
| 2010-09-30 | 48.51% |
| 2010-06-30 | 36.85% |
| 2010-03-31 | 46.94% |
| 2009-12-31 | 48.57% |
| 2009-09-30 | 50.29% |
| 2009-06-30 | 40.93% |
| 2009-03-31 | 25.83% |
| 2008-12-31 | -884.95% |
| 2008-09-30 | 24.55% |
| 2008-06-30 | 37.73% |
| 2008-03-31 | 42.24% |
| 2007-12-31 | 27.53% |
| 2007-09-30 | 37.05% |
| 2007-06-30 | 41.31% |
| 2007-03-31 | 51.20% |
| 2006-12-31 | 52.51% |
| 2006-09-30 | 44.95% |
| 2006-06-30 | 51.84% |
| 2006-03-31 | 48.96% |
| 2005-12-31 | 62.40% |
| 2005-09-30 | 46.74% |
| 2005-06-30 | 47.67% |
| 2005-03-31 | 44.53% |
| 2004-12-31 | 50.48% |
| 2004-09-30 | 24.75% |
| 2004-06-30 | 9.60% |
| 2004-03-31 | 11.49% |
| 2003-12-31 | 23.42% |
| 2003-09-30 | 45.30% |
| 2003-06-30 | 39.58% |
| 2003-03-31 | 36.47% |
| 2002-12-31 | 39.25% |
| 2002-09-30 | 38.25% |
