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 10.44% is 33% above its 5-year average of 7.86%, near the high end of its 5-year range (4.21%–10.55%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.57% above its 12-month average of 9.80%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
10.44%
OPERATING MARGIN AVG TTM
9.80%
OPERATING MARGIN AVG 3Y
9.13%
OPERATING MARGIN AVG 5Y
7.86%
OPERATING MARGIN AVG 10Y
6.44%
OPERATING MARGIN AVG 15Y
7.09%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+6.57%
CURRENT VS 3Y AVG
+14.42%
CURRENT VS 5Y AVG
+32.86%
CURRENT VS 10Y AVG
+62.19%
CURRENT VS 15Y AVG
+47.37%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
12.01%
median of 151 covered companies
CURRENT VS SECTOR MEDIAN
-13.03%
vs the sector median at left
Market Cap
$41.82B
Operating Margin
17.09%
TTM Avg
15.05%
3Y Avg
15.68%
5Y Avg
14.53%
Market Cap
$41.31B
Operating Margin
25.84%
TTM Avg
25.66%
3Y Avg
27.17%
5Y Avg
26.29%
Market Cap
$46.37B
Operating Margin
27.64%
TTM Avg
27.84%
3Y Avg
29.41%
5Y Avg
28.25%
Market Cap
$46.89B
Operating Margin
24.04%
TTM Avg
22.17%
3Y Avg
22.07%
5Y Avg
21.76%
Market Cap
$37.27B
Operating Margin
-38.03%
TTM Avg
-40.77%
3Y Avg
-54.59%
5Y Avg
-89.77%
Market Cap
$47.94B
Operating Margin
21.69%
TTM Avg
16.18%
3Y Avg
17.07%
5Y Avg
15.99%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ferrovial SE (FER) | $42.60B | 10.44% | 9.80% | 9.13% | 7.86% |
| Waste Connections, Inc. (WCN)vs › | $41.82B | 17.09% | 15.05% | 15.68% | 14.53% |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $41.31B | 25.84% | 25.66% | 27.17% | 26.29% |
| Ferguson plc (FERG)vs › | $44.31B | 9.01% | 9.34% | 9.14% | 9.16% |
| Paychex, Inc. (PAYX)vs › | $45.19B | 38.55% | 39.08% | 39.99% | 39.31% |
| Thomson Reuters Corporation (TRI)vs › | $46.37B | 27.64% | 27.84% | 29.41% | 28.25% |
| HEICO Corporation (HEI)vs › | $46.89B | 24.04% | 22.17% | 22.07% | 21.76% |
| Rocket Lab USA, Inc. (RKLB)vs › | $37.27B | -38.03% | -40.77% | -54.59% | -89.77% |
| Rockwell Automation, Inc. (ROK)vs › | $47.94B | 21.69% | 16.18% | 17.07% | 15.99% |
| HEICO Corporation (HEI-A)vs › | $48.16B | 24.04% | 22.17% | 22.07% | 21.76% |
Gross Margin
24.9%
Operating Margin
10.4%
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 |
|---|---|
| 2026-06-30 | 10.44% |
| 2026-03-31 | 9.39% |
| 2025-12-31 | 10.39% |
| 2025-09-30 | 9.13% |
| 2025-06-30 | 9.64% |
| 2024-12-31 | 10.55% |
| 2024-06-30 | 9.02% |
| 2023-12-31 | 8.53% |
| 2023-06-30 | 5.05% |
| 2022-12-31 | 6.42% |
| 2022-06-30 | 4.78% |
| 2021-12-31 | 4.21% |
| 2021-06-30 | 4.63% |
| 2020-12-31 | 6.28% |
| 2020-06-30 | -0.20% |
| 2019-12-31 | 1.99% |
| 2019-06-30 | 5.31% |
| 2018-12-31 | -248.73% |
| 2018-06-30 | 5.72% |
| 2017-12-31 | 4.59% |
| 2017-06-30 | 4.54% |
| 2016-12-31 | 5.15% |
| 2016-06-30 | 6.11% |
| 2015-12-31 | 7.33% |
| 2015-06-30 | 8.40% |
| 2014-12-31 | 9.01% |
| 2014-06-30 | 7.48% |
| 2013-12-31 | 11.03% |
| 2013-06-30 | 7.99% |
| 2012-12-31 | 10.60% |
| 2012-06-30 | 9.11% |
| 2011-12-31 | 15.98% |
| 2011-06-30 | 19.55% |
| 2010-12-31 | 26.91% |
| 2010-06-30 | 9.61% |
| 2009-12-31 | 6.43% |
| 2009-06-30 | 10.00% |