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 7.78% is 18% above its 5-year average of 6.61%, near the high end of its 5-year range (-93.82%–10.57%).
1.88% above its 12-month average of 7.64%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 8.09%.
OPERATING MARGIN
7.78%
OPERATING MARGIN AVG TTM
7.64%
OPERATING MARGIN AVG 3Y
6.82%
OPERATING MARGIN AVG 5Y
6.61%
OPERATING MARGIN AVG 10Y
10.35%
OPERATING MARGIN AVG 15Y
12.97%
OPERATING MARGIN AVG 20Y
13.72%
CURRENT VS TTM AVG
+1.88%
CURRENT VS 3Y AVG
+14.07%
CURRENT VS 5Y AVG
+17.65%
CURRENT VS 10Y AVG
-24.82%
CURRENT VS 15Y AVG
-40.03%
CURRENT VS 20Y AVG
-43.28%
SECTOR MEDIAN · BASIC MATERIALS
16.68%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
-53.37%
vs the sector median at left
International Flavors & Fragrances Inc.
Market Cap
$21.35B
Operating Margin
7.78%
TTM Avg
7.64%
3Y Avg
6.82%
5Y Avg
6.61%
Market Cap
$21.41B
Operating Margin
63.14%
TTM Avg
62.41%
3Y Avg
55.77%
5Y Avg
54.80%
Market Cap
$21.21B
Operating Margin
35.02%
TTM Avg
25.93%
3Y Avg
10.54%
5Y Avg
15.78%
Market Cap
$22.02B
Operating Margin
22.47%
TTM Avg
20.30%
3Y Avg
14.38%
5Y Avg
6.55%
Market Cap
$20.56B
Operating Margin
3.24%
TTM Avg
1.71%
3Y Avg
5.24%
5Y Avg
6.88%
Market Cap
$20.44B
Operating Margin
38.12%
TTM Avg
31.40%
3Y Avg
37.10%
5Y Avg
32.72%
Market Cap
$20.13B
Operating Margin
7.88%
TTM Avg
7.83%
3Y Avg
10.53%
5Y Avg
10.70%
Market Cap
$19.96B
Operating Margin
24.83%
TTM Avg
24.18%
3Y Avg
34.53%
5Y Avg
31.19%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| International Flavors & Fragrances Inc. (IFF) | $21.35B | 7.78% | 7.64% | 6.82% | 6.61% |
| Royal Gold, Inc. (RGLD)vs › | $21.41B | 63.14% | 62.41% | 55.77% | 54.80% |
| Coeur Mining, Inc. (CDE)vs › | $21.21B | 35.02% | 25.93% | 10.54% | 15.78% |
| Dow Inc. (DOW)vs › | $20.97B | -0.08% | 2.73% | 5.11% | 6.91% |
| Carpenter Technology Corporation (CRS)vs › | $22.02B | 22.47% | 20.30% | 14.38% | 6.55% |
| LyondellBasell Industries N.V. (LYB)vs › | $20.56B | 3.24% | 1.71% | 5.24% | 6.88% |
| CF Industries Holdings, Inc. (CF)vs › | $20.44B | 38.12% | 31.40% | 37.10% | 32.72% |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.13B | 7.88% | 7.83% | 10.53% | 10.70% |
| Sociedad Química y Minera de Chile S.A. (SQM)vs › | $19.96B | 24.83% | 24.18% | 34.53% | 31.19% |
| PPG Industries, Inc. (PPG)vs › | $23.45B | 12.48% | 14.04% | 12.82% | 12.37% |
Gross Margin
37.5%
Operating Margin
7.8%
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 | 8.09% |
| 2026-03-31 | 10.18% |
| 2025-12-31 | 4.36% |
| 2025-09-30 | 8.39% |
| 2025-06-30 | 7.16% |
| 2025-03-31 | -31.76% |
| 2024-12-31 | 4.58% |
| 2024-09-30 | 8.51% |
| 2024-06-30 | 6.61% |
| 2024-03-31 | 6.86% |
| 2023-12-31 | -93.82% |
| 2023-09-30 | 5.32% |
| 2023-06-30 | 4.95% |
| 2023-03-31 | 4.33% |
| 2022-12-31 | 3.69% |
| 2022-09-30 | -64.81% |
| 2022-06-30 | 6.44% |
| 2022-03-31 | 10.57% |
| 2021-12-31 | 5.71% |
| 2021-09-30 | 9.70% |
| 2021-06-30 | 3.56% |
| 2021-03-31 | 0.16% |
| 2020-12-31 | 7.92% |
| 2020-09-30 | 11.83% |
| 2020-06-30 | 10.01% |
| 2020-03-31 | 14.55% |
| 2019-12-31 | 9.10% |
| 2019-09-30 | 14.57% |
| 2019-06-30 | 15.48% |
| 2019-03-31 | 12.63% |
| 2018-12-31 | 7.81% |
| 2018-09-30 | 17.55% |
| 2018-06-30 | 16.79% |
| 2018-03-31 | 18.78% |
| 2017-12-31 | 14.88% |
| 2017-09-30 | 17.07% |
| 2017-06-30 | 18.00% |
| 2017-03-31 | 15.70% |
| 2016-12-31 | 14.60% |
| 2016-09-30 | 16.01% |
| 2016-06-30 | 20.75% |
| 2016-03-31 | 21.69% |
| 2015-12-31 | 16.91% |
| 2015-09-30 | 20.48% |
| 2015-06-30 | 19.39% |
| 2015-03-31 | 20.88% |
| 2014-12-31 | 17.32% |
| 2014-09-30 | 19.72% |
| 2014-06-30 | 19.42% |
| 2014-03-31 | 20.26% |
| 2013-12-31 | 13.08% |
| 2013-09-30 | 19.07% |
| 2013-06-30 | 19.07% |
| 2013-03-31 | 18.91% |
| 2012-12-31 | 14.58% |
| 2012-09-30 | 18.93% |
| 2012-06-30 | 18.34% |
| 2012-03-31 | 17.25% |
| 2011-12-31 | 8.94% |
| 2011-09-30 | 17.93% |
| 2011-06-30 | 17.04% |
| 2011-03-31 | 18.67% |
| 2010-12-31 | 13.39% |
| 2010-09-30 | 18.25% |
| 2010-06-30 | 16.47% |
| 2010-03-31 | 16.76% |
| 2009-12-31 | 16.31% |
| 2009-09-30 | 16.04% |
| 2009-06-30 | 15.42% |
| 2009-03-31 | 14.63% |
| 2008-12-31 | 12.28% |
| 2008-09-30 | 16.29% |
| 2008-06-30 | 15.98% |
| 2008-03-31 | 16.01% |
| 2007-12-31 | 12.80% |
| 2007-09-30 | 16.52% |
| 2007-06-30 | 17.87% |
| 2007-03-31 | 16.83% |
| 2006-12-31 | 12.95% |
| 2006-09-30 | 16.77% |
| 2006-06-30 | 17.14% |
| 2006-03-31 | 15.85% |
| 2005-12-31 | 6.07% |
| 2005-09-30 | 14.59% |
| 2005-06-30 | 16.58% |
| 2005-03-31 | 15.56% |
| 2004-12-31 | 13.65% |
| 2004-09-30 | 13.18% |
| 2004-06-30 | 17.08% |
| 2004-03-31 | 16.85% |
| 2003-12-31 | 13.16% |
| 2003-09-30 | 16.80% |
| 2003-06-30 | 19.15% |
| 2003-03-31 | 16.63% |
| 2002-12-31 | 15.78% |
| 2002-09-30 | 18.53% |