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 1.46% is 74% below its 5-year average of 5.63%, near the high end of its 5-year range (-170.24%–14.66%).
134.23% above its 12-month average of -4.26%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): -29.91%.
OPERATING MARGIN
1.46%
OPERATING MARGIN AVG TTM
-4.26%
OPERATING MARGIN AVG 3Y
0.78%
OPERATING MARGIN AVG 5Y
5.63%
OPERATING MARGIN AVG 10Y
7.55%
OPERATING MARGIN AVG 15Y
9.49%
OPERATING MARGIN AVG 20Y
10.72%
CURRENT VS TTM AVG
+134.23%
CURRENT VS 3Y AVG
+86.36%
CURRENT VS 5Y AVG
-74.08%
CURRENT VS 10Y AVG
-80.66%
CURRENT VS 15Y AVG
-84.61%
CURRENT VS 20Y AVG
-86.38%
SECTOR MEDIAN · INDUSTRIALS
5.97%
median of 360 covered companies
CURRENT VS SECTOR MEDIAN
-75.56%
vs the sector median at left
Forward Air Corporation
Market Cap
$477.85M
Operating Margin
1.46%
TTM Avg
-4.26%
3Y Avg
0.78%
5Y Avg
5.63%
Market Cap
$487.58M
Operating Margin
-3.08%
TTM Avg
1.89%
3Y Avg
6.20%
5Y Avg
6.57%
Market Cap
$464.88M
Operating Margin
17.70%
TTM Avg
14.02%
3Y Avg
14.02%
5Y Avg
14.02%
Market Cap
$504.44M
Operating Margin
11.47%
TTM Avg
11.08%
3Y Avg
12.14%
5Y Avg
8.36%
Market Cap
$503.40M
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$443.72M
Operating Margin
7.78%
TTM Avg
10.57%
3Y Avg
11.02%
5Y Avg
11.02%
Market Cap
$511.47M
Operating Margin
-2.09%
TTM Avg
-0.99%
3Y Avg
-0.30%
5Y Avg
-0.38%
Market Cap
$512.57M
Operating Margin
59.35%
TTM Avg
56.70%
3Y Avg
58.71%
5Y Avg
50.16%
Market Cap
$415.82M
Operating Margin
2.25%
TTM Avg
-12.34%
3Y Avg
-18.91%
5Y Avg
-20.78%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Forward Air Corporation (FWRD) | $477.85M | 1.46% | -4.26% | 0.78% | 5.63% |
| Columbus McKinnon Corporation (CMCO)vs › | $487.58M | -3.08% | 1.89% | 6.20% | 6.57% |
| BUUU Group Ltd (BUUU)vs › | $464.88M | 17.70% | 14.02% | 14.02% | 14.02% |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $504.44M | 11.47% | 11.08% | 12.14% | 8.36% |
| Accelevation Holdings Corp. (ACCV)vs › | $503.40M | N/A | N/A | N/A | N/A |
| Cardinal Infrastructure Group Inc. (CDNL)vs › | $443.72M | 7.78% | 10.57% | 11.02% | 11.02% |
| Kelly Services, Inc. (KELYB)vs › | $511.47M | -2.09% | -0.99% | -0.30% | -0.38% |
| Euroseas Ltd. (ESEA)vs › | $512.57M | 59.35% | 56.70% | 58.71% | 50.16% |
| Acacia Research Corporation (ACTG)vs › | $415.82M | 2.25% | -12.34% | -18.91% | -20.78% |
| Montauk Renewables, Inc. (MNTK)vs › | $409.94M | 1.23% | 5.74% | 11.67% | 8.75% |
Gross Margin
20.5%
Operating Margin
1.5%
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 | -29.91% |
| 2026-03-31 | 3.51% |
| 2025-12-31 | -0.45% |
| 2025-09-30 | 2.38% |
| 2025-06-30 | 3.15% |
| 2025-03-31 | 0.78% |
| 2024-12-31 | -0.51% |
| 2024-09-30 | 5.71% |
| 2024-06-30 | -170.24% |
| 2024-03-31 | -12.13% |
| 2023-12-31 | -6.25% |
| 2023-09-30 | 4.54% |
| 2023-06-30 | 7.89% |
| 2023-03-31 | 13.19% |
| 2022-12-31 | 12.76% |
| 2022-09-30 | 14.05% |
| 2022-06-30 | 14.66% |
| 2022-03-31 | 12.28% |
| 2021-12-31 | 11.30% |
| 2021-09-30 | 10.12% |
| 2021-06-30 | 10.01% |
| 2021-03-31 | 6.27% |
| 2020-12-31 | 5.92% |
| 2020-09-30 | 7.08% |
| 2020-06-30 | 4.94% |
| 2020-03-31 | 5.16% |
| 2019-12-31 | 8.61% |
| 2019-09-30 | 8.49% |
| 2019-06-30 | 8.84% |
| 2019-03-31 | 7.69% |
| 2018-12-31 | 9.83% |
| 2018-09-30 | 9.02% |
| 2018-06-30 | 9.95% |
| 2018-03-31 | 8.01% |
| 2017-12-31 | 9.40% |
| 2017-09-30 | 9.60% |
| 2017-06-30 | 11.14% |
| 2017-03-31 | 9.39% |
| 2016-12-31 | 10.66% |
| 2016-09-30 | 9.90% |
| 2016-06-30 | -6.01% |
| 2016-03-31 | 9.32% |
| 2015-12-31 | 11.32% |
| 2015-09-30 | 9.96% |
| 2015-06-30 | 7.97% |
| 2015-03-31 | 4.01% |
| 2014-12-31 | 11.98% |
| 2014-09-30 | 13.35% |
| 2014-06-30 | 14.24% |
| 2014-03-31 | 9.48% |
| 2013-12-31 | 12.81% |
| 2013-09-30 | 13.44% |
| 2013-06-30 | 14.08% |
| 2013-03-31 | 11.15% |
| 2012-12-31 | 15.45% |
| 2012-09-30 | 13.68% |
| 2012-06-30 | 15.56% |
| 2012-03-31 | 12.25% |
| 2011-12-31 | 15.94% |
| 2011-09-30 | 14.97% |
| 2011-06-30 | 15.04% |
| 2011-03-31 | 11.05% |
| 2010-12-31 | 14.01% |
| 2010-09-30 | 12.76% |
| 2010-06-30 | 11.06% |
| 2010-03-31 | 5.66% |
| 2009-12-31 | 10.20% |
| 2009-09-30 | 6.47% |
| 2009-06-30 | 4.89% |
| 2009-03-31 | -5.20% |
| 2009-02-24 | 11.38% |
| 2008-10-31 | 15.91% |
| 2008-06-30 | 16.67% |
| 2008-04-23 | 15.43% |
| 2008-02-19 | 17.46% |
| 2007-09-30 | 17.29% |
| 2007-06-30 | 19.66% |
| 2007-03-31 | 18.13% |
| 2006-12-31 | 20.26% |
| 2006-09-30 | 21.88% |
| 2006-06-30 | 22.78% |
| 2006-03-31 | 20.60% |
| 2005-12-31 | 20.88% |
| 2005-09-30 | 22.00% |
| 2005-06-30 | 21.67% |
| 2005-03-31 | 19.24% |
| 2004-12-31 | 20.18% |
| 2004-09-30 | 19.20% |
| 2004-06-30 | 19.59% |
| 2004-03-31 | 16.69% |
| 2003-12-31 | 17.76% |
| 2003-09-30 | 16.56% |
| 2003-06-30 | 16.93% |
| 2003-03-31 | 15.13% |
| 2002-12-31 | 15.56% |
| 2002-09-30 | 12.56% |
