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 10.32% is in line with its 5-year average of 10.36%, around the middle of its 5-year range (9.48%–11.52%).
0.05% below its 12-month average of 10.33%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-07-05): 10.36%.
OPERATING MARGIN
10.32%
OPERATING MARGIN AVG TTM
10.33%
OPERATING MARGIN AVG 3Y
10.16%
OPERATING MARGIN AVG 5Y
10.36%
OPERATING MARGIN AVG 10Y
11.22%
OPERATING MARGIN AVG 15Y
11.58%
OPERATING MARGIN AVG 20Y
11.64%
CURRENT VS TTM AVG
-0.05%
CURRENT VS 3Y AVG
+1.56%
CURRENT VS 5Y AVG
-0.40%
CURRENT VS 10Y AVG
-8.00%
CURRENT VS 15Y AVG
-10.90%
CURRENT VS 20Y AVG
-11.32%
SECTOR MEDIAN · INDUSTRIALS
11.95%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-13.60%
vs the sector median at left
General Dynamics Corporation
Market Cap
$95.52B
Operating Margin
10.32%
TTM Avg
10.33%
3Y Avg
10.16%
5Y Avg
10.36%
Market Cap
$95.72B
Operating Margin
6.20%
TTM Avg
5.71%
3Y Avg
5.61%
5Y Avg
5.56%
Market Cap
$96.01B
Operating Margin
19.12%
TTM Avg
17.88%
3Y Avg
13.21%
5Y Avg
10.99%
Market Cap
$94.41B
Operating Margin
17.94%
TTM Avg
18.13%
3Y Avg
16.94%
5Y Avg
15.73%
Market Cap
$91.89B
Operating Margin
28.33%
TTM Avg
24.16%
3Y Avg
21.33%
5Y Avg
19.81%
Market Cap
$84.38B
Operating Margin
18.54%
TTM Avg
18.55%
3Y Avg
18.32%
5Y Avg
17.72%
Market Cap
$84.12B
Operating Margin
7.31%
TTM Avg
9.21%
3Y Avg
10.43%
5Y Avg
10.75%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| General Dynamics Corporation (GD) | $95.52B | 10.32% | 10.33% | 10.16% | 10.36% |
| Quanta Services, Inc. (PWR)vs › | $95.72B | 6.20% | 5.71% | 5.61% | 5.56% |
| Vertiv Holdings Co (VRT)vs › | $96.01B | 19.12% | 17.88% | 13.21% | 10.99% |
| Trane Technologies plc (TT)vs › | $94.41B | 17.94% | 18.13% | 16.94% | 15.73% |
| Howmet Aerospace Inc. (HWM)vs › | $91.89B | 28.33% | 24.16% | 21.33% | 19.81% |
| CSX Corporation (CSX)vs › | $87.25B | 34.15% | 34.49% | 36.59% | 38.09% |
| 3M Company (MMM)vs › | $85.60B | 19.01% | 19.18% | 16.68% | 18.27% |
| Waste Management, Inc. (WM)vs › | $84.38B | 18.54% | 18.55% | 18.32% | 17.72% |
| United Parcel Service, Inc. (UPS)vs › | $84.12B | 7.31% | 9.21% | 10.43% | 10.75% |
| Emerson Electric Co. (EMR)vs › | $83.97B | 20.11% | 17.42% | 17.53% | 16.97% |
Gross Margin
15.4%
Operating Margin
10.3%
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 |
|---|---|
| 2026-07-05 | 10.36% |
| 2026-04-05 | 10.53% |
| 2025-12-31 | 10.10% |
| 2025-09-28 | 10.31% |
| 2025-06-29 | 10.01% |
| 2025-03-30 | 10.37% |
| 2024-12-31 | 10.67% |
| 2024-09-29 | 10.12% |
| 2024-06-30 | 9.65% |
| 2024-03-31 | 9.65% |
| 2023-12-31 | 11.04% |
| 2023-10-01 | 10.00% |
| 2023-07-02 | 9.48% |
| 2023-04-02 | 9.49% |
| 2022-12-31 | 11.31% |
| 2022-10-02 | 11.01% |
| 2022-07-03 | 10.64% |
| 2022-04-03 | 9.67% |
| 2021-12-31 | 11.52% |
| 2021-10-03 | 11.29% |
| 2021-07-04 | 10.40% |
| 2021-04-04 | 9.99% |
| 2020-12-31 | 12.09% |
| 2020-09-27 | 11.37% |
| 2020-06-28 | 9.00% |
| 2020-03-29 | 10.68% |
| 2019-12-31 | 12.33% |
| 2019-09-29 | 12.46% |
| 2019-06-30 | 11.41% |
| 2019-03-31 | 10.95% |
| 2018-12-31 | 11.81% |
| 2018-09-30 | 12.48% |
| 2018-07-01 | 11.84% |
| 2018-04-01 | 13.38% |
| 2017-12-31 | 12.49% |
| 2017-10-01 | 14.02% |
| 2017-07-02 | 13.90% |
| 2017-04-02 | 14.06% |
| 2016-12-31 | 13.57% |
| 2016-10-02 | 13.26% |
| 2016-07-03 | 13.21% |
| 2016-04-03 | 12.36% |
| 2015-12-31 | 13.27% |
| 2015-10-04 | 12.93% |
| 2015-07-05 | 13.71% |
| 2015-04-05 | 13.19% |
| 2014-12-31 | 12.76% |
| 2014-09-28 | 12.89% |
| 2014-06-29 | 12.70% |
| 2014-03-30 | 12.03% |
| 2013-12-31 | 11.36% |
| 2013-09-29 | 12.42% |
| 2013-06-30 | 12.27% |
| 2013-03-31 | 11.44% |
| 2012-12-31 | -23.55% |
| 2012-09-30 | 11.41% |
| 2012-07-01 | 12.24% |
| 2012-04-01 | 11.35% |
| 2011-12-31 | 10.39% |
| 2011-10-02 | 12.71% |
| 2011-07-03 | 12.04% |
| 2011-04-03 | 11.91% |
| 2010-12-31 | 12.51% |
| 2010-10-03 | 12.06% |
| 2010-07-04 | 12.15% |
| 2010-04-04 | 11.85% |
| 2009-12-31 | 12.04% |
| 2009-10-04 | 11.32% |
| 2009-07-05 | 11.67% |
| 2009-04-05 | 10.95% |
| 2008-12-31 | 11.95% |
| 2008-09-28 | 13.07% |
| 2008-06-29 | 12.61% |
| 2008-03-30 | 12.29% |
| 2007-12-31 | 11.59% |
| 2007-09-30 | 11.72% |
| 2007-07-01 | 11.53% |
| 2007-04-01 | 10.81% |
| 2006-12-31 | 10.79% |
| 2006-10-01 | 11.16% |
| 2006-07-02 | 10.94% |
| 2006-04-02 | 10.75% |
| 2005-12-31 | 10.50% |
| 2005-10-02 | 10.84% |
| 2005-07-03 | 10.49% |
| 2005-04-03 | 9.58% |
| 2004-12-31 | 10.30% |
| 2004-10-03 | 10.74% |
| 2004-07-04 | 10.43% |
| 2004-04-04 | 9.38% |
| 2003-12-31 | 8.56% |
| 2003-09-28 | 8.06% |
| 2003-06-29 | 9.61% |
| 2003-03-30 | 9.30% |
| 2002-12-31 | 10.21% |
| 2002-09-29 | 12.89% |