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 19.01% is 11% below its 5-year average of 21.26%, around the middle of its 5-year range (10.88%–31.38%).
As of the fiscal period ended Tuesday, March 31, 2026. 11.19% below its 12-month average of 21.41%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
19.01%
OPERATING MARGIN AVG TTM
21.41%
OPERATING MARGIN AVG 3Y
21.47%
OPERATING MARGIN AVG 5Y
21.27%
OPERATING MARGIN AVG 10Y
21.10%
OPERATING MARGIN AVG 15Y
20.21%
OPERATING MARGIN AVG 20Y
19.74%
CURRENT VS TTM AVG
-11.19%
CURRENT VS 3Y AVG
-11.43%
CURRENT VS 5Y AVG
-10.61%
CURRENT VS 10Y AVG
-9.89%
CURRENT VS 15Y AVG
-5.91%
CURRENT VS 20Y AVG
-3.66%
SECTOR MEDIAN · CONSUMER DEFENSIVE
11.75%
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+61.75%
vs the sector median at left
Keurig Dr Pepper Inc.
Market Cap
$42.34B
Operating Margin
19.01%
TTM Avg
21.41%
3Y Avg
21.47%
5Y Avg
21.27%
Market Cap
$38.20B
Operating Margin
1.52%
TTM Avg
2.09%
3Y Avg
3.17%
5Y Avg
3.15%
Market Cap
$36.28B
Operating Margin
13.27%
TTM Avg
15.23%
3Y Avg
13.80%
5Y Avg
14.22%
Market Cap
$48.51B
Operating Margin
12.00%
TTM Avg
11.89%
3Y Avg
12.15%
5Y Avg
11.22%
Market Cap
$35.50B
Operating Margin
17.58%
TTM Avg
19.00%
3Y Avg
20.66%
5Y Avg
21.21%
Market Cap
$30.65B
Operating Margin
-19.16%
TTM Avg
-6.10%
3Y Avg
4.67%
5Y Avg
6.39%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Keurig Dr Pepper Inc. (KDP) | $42.34B | 19.01% | 21.41% | 21.47% | 21.27% |
| Sysco Corporation (SYY)vs › | $40.76B | 3.59% | 3.93% | 3.82% | 3.62% |
| Archer-Daniels-Midland Company (ADM)vs › | $38.20B | 1.52% | 2.09% | 3.17% | 3.15% |
| Kenvue Inc. (KVUE)vs › | $36.94B | 19.62% | 14.89% | 15.99% | 12.76% |
| Kimberly-Clark Corporation (KMB)vs › | $36.28B | 13.27% | 15.23% | 13.80% | 14.22% |
| Coca-Cola Europacific Partners PLC (CCEP)vs › | $48.51B | 12.00% | 11.89% | 12.15% | 11.22% |
| The Hershey Company (HSY)vs › | $35.50B | 17.58% | 19.00% | 20.66% | 21.21% |
| The Kroger Co. (KR)vs › | $35.37B | 1.33% | 1.95% | 1.99% | 2.25% |
| The Kraft Heinz Company (KHC)vs › | $30.65B | -19.16% | -6.10% | 4.67% | 6.39% |
| The Estée Lauder Companies Inc. (EL)vs › | $30.34B | 7.56% | 6.46% | 10.07% | 10.11% |
Gross Margin
53.8%
Operating Margin
19.0%
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 |
|---|---|
| 2026-03-31 | 19.01% |
| 2025-12-31 | 21.32% |
| 2025-09-30 | 23.11% |
| 2025-06-30 | 21.57% |
| 2025-03-31 | 22.04% |
| 2024-12-31 | 19.19% |
| 2024-09-30 | 23.18% |
| 2024-06-30 | 21.95% |
| 2024-03-31 | 22.06% |
| 2023-12-31 | 24.39% |
| 2023-09-30 | 23.55% |
| 2023-06-30 | 20.30% |
| 2023-03-31 | 17.42% |
| 2022-12-31 | 17.70% |
| 2022-09-30 | 10.88% |
| 2022-06-30 | 16.09% |
| 2022-03-31 | 31.38% |
| 2021-12-31 | 21.38% |
| 2021-09-30 | 24.46% |
| 2021-06-30 | 23.38% |
| 2021-03-31 | 22.05% |
| 2020-12-31 | 22.43% |
| 2020-09-30 | 24.93% |
| 2020-06-30 | 19.59% |
| 2020-03-31 | 17.83% |
| 2019-12-31 | 24.30% |
| 2019-09-30 | 20.21% |
| 2019-06-30 | 20.87% |
| 2019-03-31 | 19.89% |
| 2018-12-31 | 19.45% |
| 2018-09-30 | 12.63% |
| 2018-06-30 | 17.60% |
| 2018-03-31 | 18.78% |
| 2017-12-31 | 22.09% |
| 2017-09-30 | 21.09% |
| 2017-06-30 | 20.87% |
| 2017-03-31 | 18.94% |
| 2016-12-31 | 21.23% |
| 2016-09-30 | 22.20% |
| 2016-06-30 | 24.31% |
| 2016-03-31 | 21.05% |
| 2015-12-31 | 20.83% |
| 2015-09-30 | 20.67% |
| 2015-06-30 | 22.30% |
| 2015-03-31 | 18.61% |
| 2014-12-31 | 16.96% |
| 2014-09-30 | 19.96% |
| 2014-06-30 | 21.34% |
| 2014-03-31 | 18.60% |
| 2013-12-31 | 18.05% |
| 2013-09-30 | 19.44% |
| 2013-06-30 | 17.69% |
| 2013-03-31 | 14.28% |
| 2012-12-31 | 19.68% |
| 2012-09-30 | 20.16% |
| 2012-06-30 | 18.51% |
| 2012-03-31 | 14.10% |
| 2011-12-31 | 18.55% |
| 2011-09-30 | 17.07% |
| 2011-06-30 | 18.33% |
| 2011-03-31 | 15.18% |
| 2010-12-31 | 18.98% |
| 2010-09-30 | 17.84% |
| 2010-06-30 | 20.41% |
| 2010-03-31 | 14.98% |
| 2009-12-31 | 18.51% |
| 2009-09-30 | 18.97% |
| 2009-06-30 | 20.05% |
| 2009-03-31 | 21.03% |
| 2008-12-31 | -62.34% |
| 2008-09-30 | 14.26% |
| 2008-06-30 | 17.41% |
| 2008-03-31 | 14.36% |
| 2007-12-31 | -238.62% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 100.00% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | -770.28% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
