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 5.17% is 23% above its 5-year average of 4.21%, near the high end of its 5-year range (-3.60%–5.68%).
1.87% above its 12-month average of 5.08%.
Reported quarterly operating margin; no daily interpolation. Q1 FY2027 (2026-06-26): 4.94%.
OPERATING MARGIN
5.17%
OPERATING MARGIN AVG TTM
5.08%
OPERATING MARGIN AVG 3Y
4.48%
OPERATING MARGIN AVG 5Y
4.21%
OPERATING MARGIN AVG 10Y
3.20%
OPERATING MARGIN AVG 15Y
2.94%
OPERATING MARGIN AVG 20Y
2.57%
CURRENT VS TTM AVG
+1.87%
CURRENT VS 3Y AVG
+15.48%
CURRENT VS 5Y AVG
+22.75%
CURRENT VS 10Y AVG
+61.44%
CURRENT VS 15Y AVG
+75.92%
CURRENT VS 20Y AVG
+101.38%
SECTOR MEDIAN · TECHNOLOGY
11.96%
median of 217 covered companies
CURRENT VS SECTOR MEDIAN
-56.77%
vs the sector median at left
Market Cap
$44.16B
Operating Margin
15.52%
TTM Avg
8.57%
3Y Avg
21.94%
5Y Avg
22.20%
Market Cap
$44.40B
Operating Margin
29.93%
TTM Avg
26.93%
3Y Avg
23.33%
5Y Avg
24.40%
Market Cap
$44.76B
Operating Margin
27.55%
TTM Avg
23.61%
3Y Avg
21.88%
5Y Avg
19.70%
Market Cap
$40.77B
Operating Margin
31.74%
TTM Avg
33.33%
3Y Avg
7.61%
5Y Avg
-1.87%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Flex Ltd. (FLEX) | $43.08B | 5.17% | 5.08% | 4.48% | 4.21% |
| Microchip Technology Incorporated (MCHP)vs › | $44.16B | 15.52% | 8.57% | 21.94% | 22.20% |
| Block, Inc. (XYZ)vs › | $44.24B | 10.15% | 9.79% | 5.29% | 3.65% |
| Veeva Systems Inc. (VEEV)vs › | $44.40B | 29.93% | 26.93% | 23.33% | 24.40% |
| NetApp, Inc. (NTAP)vs › | $44.40B | 25.73% | 22.41% | 20.05% | 19.41% |
| Celestica Inc. (CLS)vs › | $44.53B | 8.86% | 7.43% | 5.77% | 4.72% |
| Twilio Inc. (TWLO)vs › | $44.71B | 5.51% | 1.27% | -8.45% | -15.67% |
| Autodesk, Inc. (ADSK)vs › | $44.76B | 27.55% | 23.61% | 21.88% | 19.70% |
| Credo Technology Group Holding Ltd (CRDO)vs › | $40.77B | 31.74% | 33.33% | 7.61% | -1.87% |
| Everpure, Inc. (P)vs › | $46.58B | 5.26% | 2.91% | 2.68% | 1.25% |
Gross Margin
9.5%
Operating Margin
5.2%
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 |
|---|---|
| 2026-06-26 | 4.94% |
| 2026-03-31 | 5.68% |
| 2025-12-31 | 5.67% |
| 2025-09-26 | 4.35% |
| 2025-06-27 | 4.73% |
| 2025-03-31 | 4.77% |
| 2024-12-31 | 5.09% |
| 2024-09-27 | 4.54% |
| 2024-06-28 | 3.69% |
| 2024-03-31 | -3.60% |
| 2023-12-31 | 3.08% |
| 2023-09-29 | 4.05% |
| 2023-06-30 | 3.12% |
| 2023-03-31 | 3.56% |
| 2022-12-31 | 4.14% |
| 2022-09-30 | 4.18% |
| 2022-07-01 | 3.70% |
| 2022-03-31 | 3.31% |
| 2021-12-31 | 3.79% |
| 2021-10-01 | 3.80% |
| 2021-07-02 | 4.02% |
| 2021-03-31 | 4.53% |
| 2020-12-31 | 3.57% |
| 2020-09-25 | 2.92% |
| 2020-06-26 | 1.90% |
| 2020-03-31 | 2.72% |
| 2019-12-31 | 3.03% |
| 2019-09-27 | -0.53% |
| 2019-06-28 | 2.04% |
| 2019-03-31 | 2.16% |
| 2018-12-31 | 1.44% |
| 2018-09-28 | 2.33% |
| 2018-06-29 | 1.51% |
| 2018-03-31 | 1.24% |
| 2017-12-31 | 2.66% |
| 2017-09-29 | 1.64% |
| 2017-06-30 | 2.27% |
| 2017-03-31 | 2.45% |
| 2016-12-31 | 2.72% |
| 2016-09-30 | 0.79% |
| 2016-07-01 | 2.46% |
| 2016-03-31 | 1.65% |
| 2015-12-31 | 2.85% |
| 2015-09-25 | 2.60% |
| 2015-06-26 | 2.43% |
| 2015-03-31 | 2.61% |
| 2014-12-31 | 2.63% |
| 2014-09-26 | 2.52% |
| 2014-06-27 | 2.48% |
| 2014-03-31 | 2.10% |
| 2013-12-31 | 2.35% |
| 2013-09-30 | 2.22% |
| 2013-06-28 | 1.37% |
| 2013-03-31 | -0.53% |
| 2012-12-31 | 0.54% |
| 2012-09-28 | 2.71% |
| 2012-06-29 | 2.66% |
| 2012-03-31 | 2.21% |
| 2011-12-31 | 1.71% |
| 2011-09-30 | 1.88% |
| 2011-07-01 | 2.33% |
| 2011-03-31 | 2.35% |
| 2010-12-31 | 2.41% |
| 2010-10-01 | 2.39% |
| 2010-07-02 | 2.39% |
| 2010-03-31 | 1.94% |
| 2009-12-31 | 2.23% |
| 2009-10-02 | 0.15% |
| 2009-07-03 | -0.02% |
| 2009-03-31 | 0.25% |
| 2008-12-31 | -0.14% |
| 2008-09-26 | 1.22% |
| 2008-06-27 | 2.51% |
| 2008-03-31 | 3.92% |
| 2007-12-31 | 0.39% |
| 2007-09-28 | 2.65% |
| 2007-06-29 | 2.28% |
| 2007-03-31 | 3.10% |
| 2006-12-31 | 2.83% |
| 2006-09-30 | 0.46% |
| 2006-06-30 | 2.70% |
| 2006-03-31 | -12.96% |
| 2005-12-31 | 4.85% |
| 2005-09-30 | 1.44% |
| 2005-07-01 | 2.93% |
| 2005-03-31 | 2.83% |
| 2004-12-31 | 3.44% |
| 2004-09-30 | 2.98% |
| 2004-06-30 | 2.49% |
| 2004-03-31 | 2.36% |
| 2003-12-31 | 2.61% |
| 2003-09-30 | 1.85% |
| 2003-06-30 | 1.28% |
| 2003-03-31 | 1.41% |
| 2002-12-31 | 2.37% |
| 2002-09-30 | 1.99% |