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 41.72% is in line with its 5-year average of 42.02%, near the low end of its 5-year range (38.60%–49.45%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.59% below its 12-month average of 44.19%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
41.72%
OPERATING MARGIN AVG TTM
44.19%
OPERATING MARGIN AVG 3Y
42.55%
OPERATING MARGIN AVG 5Y
42.02%
OPERATING MARGIN AVG 10Y
38.83%
OPERATING MARGIN AVG 15Y
36.09%
OPERATING MARGIN AVG 20Y
33.59%
CURRENT VS TTM AVG
-5.59%
CURRENT VS 3Y AVG
-1.94%
CURRENT VS 5Y AVG
-0.71%
CURRENT VS 10Y AVG
+7.45%
CURRENT VS 15Y AVG
+15.62%
CURRENT VS 20Y AVG
+24.20%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.96%
median of 92 covered companies
CURRENT VS SECTOR MEDIAN
+280.53%
vs the sector median at left
Hermes International Societe en commandite par actions Unsponsored ADR
Market Cap
$190.25B
Operating Margin
41.72%
TTM Avg
44.19%
3Y Avg
42.55%
5Y Avg
42.02%
Market Cap
$184.77B
Operating Margin
45.84%
TTM Avg
45.64%
3Y Avg
44.35%
5Y Avg
43.35%
Market Cap
$156.96B
Operating Margin
34.49%
TTM Avg
33.16%
3Y Avg
30.87%
5Y Avg
22.83%
Market Cap
$148.25B
Operating Margin
12.83%
TTM Avg
11.54%
3Y Avg
10.87%
5Y Avg
9.18%
Market Cap
$256.86B
Operating Margin
21.88%
TTM Avg
22.10%
3Y Avg
24.23%
5Y Avg
23.57%
Market Cap
$122.28B
Operating Margin
9.43%
TTM Avg
12.29%
3Y Avg
13.81%
5Y Avg
13.10%
Market Cap
$120.55B
Operating Margin
22.17%
TTM Avg
24.55%
3Y Avg
24.02%
5Y Avg
14.61%
Market Cap
$115.92B
Operating Margin
11.38%
TTM Avg
12.14%
3Y Avg
12.03%
5Y Avg
11.91%
Market Cap
$109.44B
Operating Margin
20.81%
TTM Avg
21.89%
3Y Avg
20.13%
5Y Avg
-3.09%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hermes International Societe en commandite par actions Unsponsored ADR (HESAY) | $190.25B | 41.72% | 44.19% | 42.55% | 42.02% |
| McDonald's Corporation (MCD)vs › | $184.77B | 45.84% | 45.64% | 44.35% | 43.35% |
| Booking Holdings Inc. (BKNG)vs › | $156.96B | 34.49% | 33.16% | 30.87% | 22.83% |
| The TJX Companies, Inc. (TJX)vs › | $148.25B | 12.83% | 11.54% | 10.87% | 9.18% |
| LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY)vs › | $256.86B | 21.88% | 22.10% | 24.23% | 23.57% |
| Starbucks Corporation (SBUX)vs › | $122.28B | 9.43% | 12.29% | 13.81% | 13.10% |
| PDD Holdings Inc. (PDD)vs › | $120.55B | 22.17% | 24.55% | 24.02% | 14.61% |
| Lowe's Companies, Inc. (LOW)vs › | $115.92B | 11.38% | 12.14% | 12.03% | 11.91% |
| Airbnb, Inc. (ABNB)vs › | $109.44B | 20.81% | 21.89% | 20.13% | -3.09% |
| BYD Company Limited (BYDDY)vs › | $104.48B | 3.87% | 4.67% | 5.19% | 4.57% |
Gross Margin
71.1%
Operating Margin
41.7%
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 | 41.72% |
| 2025-12-31 | 49.45% |
| 2025-06-30 | 41.41% |
| 2024-12-31 | 39.16% |
| 2024-06-30 | 41.95% |
| 2023-12-31 | 39.72% |
| 2023-06-30 | 44.45% |
| 2022-12-31 | 40.75% |
| 2022-06-30 | 43.45% |
| 2021-12-31 | 38.60% |
| 2021-06-30 | 41.60% |
| 2020-12-31 | 38.34% |
| 2020-06-30 | 22.50% |
| 2019-12-31 | 33.26% |
| 2019-06-30 | 35.63% |
| 2018-12-31 | 34.44% |
| 2018-06-30 | 36.07% |
| 2017-12-31 | 35.87% |
| 2017-06-30 | 34.94% |
| 2016-12-31 | 31.36% |
| 2016-06-30 | 34.50% |
| 2015-12-31 | 31.45% |
| 2015-06-30 | 32.76% |
| 2014-12-31 | 30.91% |
| 2014-06-30 | 32.78% |
| 2013-12-31 | 32.02% |
| 2013-06-30 | 33.10% |
| 2012-12-31 | 32.11% |
| 2012-06-30 | 32.11% |
| 2011-12-31 | 31.16% |
| 2011-06-30 | 31.16% |
| 2010-12-31 | 27.83% |
| 2010-06-30 | 27.83% |
| 2009-12-31 | 24.18% |
| 2009-06-30 | 24.18% |
| 2009-01-31 | 24.18% |
| 2008-06-30 | 25.45% |
| 2008-01-31 | 25.45% |
| 2007-06-30 | 26.07% |
| 2007-01-31 | 26.07% |
| 2006-06-30 | 27.41% |
| 2006-01-31 | 27.41% |
| 2005-06-30 | 26.87% |
| 2005-01-31 | 26.87% |
| 2004-06-30 | 25.66% |
| 2004-01-31 | 25.66% |
| 2003-06-30 | 27.59% |
| 2003-01-31 | 27.59% |
| 2002-06-30 | 26.41% |
| 2002-01-31 | 26.41% |
| 2001-06-30 | 25.72% |
| 2001-01-31 | 25.72% |
