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 16.07% is 10% above its 5-year average of 14.58%, near the high end of its 5-year range (10.41%–16.72%).
As of the fiscal period ended Tuesday, June 30, 2026. 10.11% above its 12-month average of 14.60%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
16.07%
OPERATING MARGIN AVG TTM
14.60%
OPERATING MARGIN AVG 3Y
15.39%
OPERATING MARGIN AVG 5Y
14.99%
OPERATING MARGIN AVG 10Y
12.42%
OPERATING MARGIN AVG 15Y
12.78%
OPERATING MARGIN AVG 20Y
12.27%
CURRENT VS TTM AVG
+10.11%
CURRENT VS 3Y AVG
+4.45%
CURRENT VS 5Y AVG
+7.21%
CURRENT VS 10Y AVG
+29.41%
CURRENT VS 15Y AVG
+25.79%
CURRENT VS 20Y AVG
+31.01%
SECTOR MEDIAN · INDUSTRIALS
14.09%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
+14.07%
vs the sector median at left
W.W. Grainger, Inc.
Market Cap
$60.32B
Operating Margin
16.07%
TTM Avg
14.60%
3Y Avg
15.39%
5Y Avg
14.99%
Market Cap
$60.07B
Operating Margin
8.08%
TTM Avg
9.46%
3Y Avg
8.92%
5Y Avg
-5.16%
Market Cap
$59.64B
Operating Margin
16.46%
TTM Avg
12.54%
3Y Avg
9.81%
5Y Avg
8.67%
Market Cap
$59.49B
Operating Margin
20.29%
TTM Avg
20.10%
3Y Avg
20.46%
5Y Avg
20.38%
Market Cap
$64.60B
Operating Margin
11.24%
TTM Avg
2.58%
3Y Avg
-8.07%
5Y Avg
-9.18%
Market Cap
$66.01B
Operating Margin
20.00%
TTM Avg
20.06%
3Y Avg
19.25%
5Y Avg
18.72%
Market Cap
$53.41B
Operating Margin
18.71%
TTM Avg
18.71%
3Y Avg
18.71%
5Y Avg
18.71%
Market Cap
$53.38B
Operating Margin
10.04%
TTM Avg
9.64%
3Y Avg
9.52%
5Y Avg
10.34%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| W.W. Grainger, Inc. (GWW) | $60.32B | 16.07% | 14.60% | 15.39% | 14.99% |
| Delta Air Lines, Inc. (DAL)vs › | $60.07B | 8.08% | 9.46% | 8.92% | -5.16% |
| Comfort Systems USA, Inc. (FIX)vs › | $59.64B | 16.46% | 12.54% | 9.81% | 8.67% |
| Fastenal Company (FAST)vs › | $59.49B | 20.29% | 20.10% | 20.46% | 20.38% |
| AMETEK, Inc. (AME)vs › | $58.14B | 26.13% | 25.89% | 25.52% | 24.72% |
| Bloom Energy Corporation (BE)vs › | $64.60B | 11.24% | 2.58% | -8.07% | -9.18% |
| Republic Services, Inc. (RSG)vs › | $66.01B | 20.00% | 20.06% | 19.25% | 18.72% |
| Honeywell Aerospace Inc (HONA)vs › | $53.41B | 18.71% | 18.71% | 18.71% | 18.71% |
| L3Harris Technologies, Inc. (LHX)vs › | $53.38B | 10.04% | 9.64% | 9.52% | 10.34% |
| Carrier Global Corporation (CARR)vs › | $52.77B | 7.05% | 9.05% | 10.00% | 11.75% |
Gross Margin
39.4%
Operating Margin
16.1%
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 | 16.07% |
| 2026-03-31 | 16.72% |
| 2025-12-31 | 14.33% |
| 2025-09-30 | 10.97% |
| 2025-06-30 | 14.89% |
| 2025-03-31 | 15.61% |
| 2024-12-31 | 14.95% |
| 2024-09-30 | 15.63% |
| 2024-06-30 | 15.05% |
| 2024-03-31 | 15.80% |
| 2023-12-31 | 13.94% |
| 2023-09-30 | 15.85% |
| 2023-06-30 | 15.81% |
| 2023-03-31 | 16.62% |
| 2022-12-31 | 14.31% |
| 2022-09-30 | 15.30% |
| 2022-06-30 | 13.92% |
| 2022-03-31 | 14.64% |
| 2021-12-31 | 12.41% |
| 2021-09-30 | 12.99% |
| 2021-06-30 | 10.41% |
| 2021-03-31 | 11.61% |
| 2020-12-31 | 9.35% |
| 2020-09-30 | 12.59% |
| 2020-06-30 | 7.23% |
| 2020-03-31 | 5.30% |
| 2019-12-31 | 6.36% |
| 2019-09-30 | 11.47% |
| 2019-06-30 | 13.14% |
| 2019-03-31 | 12.97% |
| 2018-12-31 | 10.50% |
| 2018-09-30 | 6.68% |
| 2018-06-30 | 12.03% |
| 2018-03-31 | 12.10% |
| 2017-12-31 | 9.11% |
| 2017-09-30 | 10.67% |
| 2017-06-30 | 8.87% |
| 2017-03-31 | 11.63% |
| 2016-12-31 | 7.05% |
| 2016-09-30 | 12.42% |
| 2016-06-30 | 11.92% |
| 2016-03-31 | 12.65% |
| 2015-12-31 | 10.15% |
| 2015-09-30 | 13.45% |
| 2015-06-30 | 14.14% |
| 2015-03-31 | 14.40% |
| 2014-12-31 | 10.61% |
| 2014-09-30 | 15.05% |
| 2014-06-30 | 13.60% |
| 2014-03-31 | 14.85% |
| 2013-12-31 | 10.80% |
| 2013-09-30 | 14.46% |
| 2013-06-30 | 14.70% |
| 2013-03-31 | 15.05% |
| 2012-12-31 | 11.61% |
| 2012-09-30 | 11.15% |
| 2012-06-30 | 13.96% |
| 2012-03-31 | 13.88% |
| 2011-12-31 | 10.66% |
| 2011-09-30 | 14.33% |
| 2011-06-30 | 13.24% |
| 2011-03-31 | 13.94% |
| 2010-12-31 | 11.57% |
| 2010-09-30 | 13.23% |
| 2010-06-30 | 12.05% |
| 2010-03-31 | 10.94% |
| 2009-12-31 | 10.12% |
| 2009-09-30 | 11.75% |
| 2009-06-30 | 10.04% |
| 2009-03-31 | 10.87% |
| 2008-12-31 | 11.34% |
| 2008-09-30 | 12.58% |
| 2008-06-30 | 10.52% |
| 2008-03-31 | 11.19% |
| 2007-12-31 | 10.37% |
| 2007-09-30 | 10.51% |
| 2007-06-30 | 10.40% |
| 2007-03-31 | 10.51% |
| 2006-12-31 | 10.11% |
| 2006-09-30 | 9.96% |
| 2006-06-30 | 9.75% |
| 2006-03-31 | 9.47% |
| 2005-12-31 | 10.63% |
| 2005-09-30 | 9.49% |
| 2005-06-30 | 9.25% |
| 2005-03-31 | 8.14% |
| 2004-12-31 | 9.84% |
| 2004-09-30 | 8.26% |
| 2004-06-30 | 8.51% |
| 2004-03-31 | 8.21% |
| 2003-12-31 | 9.42% |
| 2003-09-30 | 7.86% |
| 2003-06-30 | 7.91% |
| 2003-03-31 | 8.02% |
| 2002-12-31 | 9.71% |
| 2002-09-30 | 8.33% |
