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 44.92% is 19% above its 5-year average of 37.68%, around the middle of its 5-year range (34.70%–55.03%).
3.22% above its 12-month average of 43.52%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
44.92%
OPERATING MARGIN AVG TTM
43.52%
OPERATING MARGIN AVG 3Y
37.45%
OPERATING MARGIN AVG 5Y
37.68%
OPERATING MARGIN AVG 10Y
38.59%
OPERATING MARGIN AVG 15Y
38.07%
OPERATING MARGIN AVG 20Y
45.98%
CURRENT VS TTM AVG
+3.22%
CURRENT VS 3Y AVG
+19.94%
CURRENT VS 5Y AVG
+19.21%
CURRENT VS 10Y AVG
+16.39%
CURRENT VS 15Y AVG
+17.99%
CURRENT VS 20Y AVG
-2.29%
SECTOR MEDIAN · FINANCIAL SERVICES
23.41%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+91.88%
vs the sector median at left
Intercontinental Exchange, Inc.
Market Cap
$90.53B
Operating Margin
44.92%
TTM Avg
43.52%
3Y Avg
37.45%
5Y Avg
37.68%
Market Cap
$90.04B
Operating Margin
28.56%
TTM Avg
24.76%
3Y Avg
19.95%
5Y Avg
18.38%
Market Cap
$88.64B
Operating Margin
21.62%
TTM Avg
23.42%
3Y Avg
22.68%
5Y Avg
21.71%
Market Cap
$85.48B
Operating Margin
45.10%
TTM Avg
43.34%
3Y Avg
40.19%
5Y Avg
42.01%
Market Cap
$97.99B
Operating Margin
26.71%
TTM Avg
23.23%
3Y Avg
24.84%
5Y Avg
25.60%
Market Cap
$98.54B
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$99.60B
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Intercontinental Exchange, Inc. (ICE) | $90.53B | 44.92% | 43.52% | 37.45% | 37.68% |
| Brookfield Corporation (BN)vs › | $90.04B | 28.56% | 24.76% | 19.95% | 18.38% |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $88.64B | 21.62% | 23.42% | 22.68% | 21.71% |
| Moody's Corporation (MCO)vs › | $85.48B | 45.10% | 43.34% | 40.19% | 42.01% |
| KKR & Co. Inc. (KKR)vs › | $96.73B | 2.55% | 3.42% | 3.89% | 12.83% |
| The PNC Financial Services Group, Inc. (PNC)vs › | $97.99B | 26.71% | 23.23% | 24.84% | 25.60% |
| Invesco S&P 500 Equal Weight ETF (RSP)vs › | $98.54B | N/A | N/A | N/A | N/A |
| U.S. Bancorp (USB)vs › | $98.71B | 23.95% | 20.36% | 21.07% | 25.19% |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $99.60B | N/A | N/A | N/A | N/A |
| iShares Russell 2000 ETF (IWM)vs › | $81.42B | N/A | N/A | N/A | N/A |
Gross Margin
61.9%
Operating Margin
44.9%
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 | 55.03% |
| 2026-03-31 | 45.42% |
| 2025-12-31 | 38.34% |
| 2025-09-30 | 39.04% |
| 2025-06-30 | 39.76% |
| 2025-03-31 | 37.81% |
| 2024-12-31 | 35.54% |
| 2024-09-30 | 36.37% |
| 2024-06-30 | 36.80% |
| 2024-03-31 | 37.95% |
| 2023-12-31 | 34.70% |
| 2023-09-30 | 34.79% |
| 2023-06-30 | 40.88% |
| 2023-03-31 | 39.20% |
| 2022-12-31 | 36.35% |
| 2022-09-30 | 38.25% |
| 2022-06-30 | 36.01% |
| 2022-03-31 | 40.34% |
| 2021-12-31 | 37.80% |
| 2021-09-30 | 38.56% |
| 2021-06-30 | 37.44% |
| 2021-03-31 | 36.72% |
| 2020-12-31 | 34.93% |
| 2020-09-30 | 32.49% |
| 2020-06-30 | 37.84% |
| 2020-03-31 | 41.70% |
| 2019-12-31 | 37.31% |
| 2019-09-30 | 42.45% |
| 2019-06-30 | 41.62% |
| 2019-03-31 | 42.01% |
| 2018-12-31 | 40.31% |
| 2018-09-30 | 41.15% |
| 2018-06-30 | 42.10% |
| 2018-03-31 | 41.14% |
| 2017-12-31 | 41.14% |
| 2017-09-30 | 41.53% |
| 2017-06-30 | 40.71% |
| 2017-03-31 | 39.56% |
| 2016-12-31 | 37.60% |
| 2016-09-30 | 33.47% |
| 2016-06-30 | 36.64% |
| 2016-03-31 | 37.58% |
| 2015-12-31 | 32.10% |
| 2015-09-30 | 37.07% |
| 2015-06-30 | 39.23% |
| 2015-03-31 | 39.15% |
| 2014-12-31 | 34.97% |
| 2014-09-30 | 32.67% |
| 2014-06-30 | 32.19% |
| 2014-03-31 | 36.78% |
| 2013-12-31 | 22.23% |
| 2013-09-30 | 59.76% |
| 2013-06-30 | 60.48% |
| 2013-03-31 | 56.82% |
| 2012-12-31 | 59.49% |
| 2012-09-30 | 60.04% |
| 2012-06-30 | 61.33% |
| 2012-03-31 | 61.66% |
| 2011-12-31 | 59.54% |
| 2011-09-30 | 59.88% |
| 2011-06-30 | 58.69% |
| 2011-03-31 | 60.82% |
| 2010-12-31 | 55.64% |
| 2010-09-30 | 52.78% |
| 2010-06-30 | 60.20% |
| 2010-03-31 | 58.17% |
| 2009-12-31 | 48.28% |
| 2009-09-30 | 54.63% |
| 2009-06-30 | 53.89% |
| 2009-03-31 | 49.15% |
| 2008-12-31 | 46.96% |
| 2008-09-30 | 59.14% |
| 2008-06-30 | 67.35% |
| 2008-03-31 | 69.63% |
| 2007-12-31 | 60.60% |
| 2007-09-30 | 66.47% |
| 2007-06-30 | 56.00% |
| 2007-03-31 | 62.91% |
| 2006-12-31 | 67.38% |
| 2006-09-30 | 69.07% |
| 2006-06-30 | 64.43% |
| 2006-03-31 | 55.00% |
