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 5.13% is 18% below its 5-year average of 6.24%, near the high end of its 5-year range (-87.61%–40.04%).
As of the fiscal period ended Tuesday, March 31, 2026. 32.41% below its 12-month average of 7.59%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
5.13%
OPERATING MARGIN AVG TTM
7.59%
OPERATING MARGIN AVG 3Y
7.17%
OPERATING MARGIN AVG 5Y
13.32%
OPERATING MARGIN AVG 10Y
21.14%
OPERATING MARGIN AVG 15Y
-4.52%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-32.41%
CURRENT VS 3Y AVG
-28.45%
CURRENT VS 5Y AVG
-61.48%
CURRENT VS 10Y AVG
-75.72%
CURRENT VS 15Y AVG
+213.47%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
22.96%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
-77.65%
vs the sector median at left
Market Cap
$91.72B
Operating Margin
21.62%
TTM Avg
23.42%
3Y Avg
22.68%
5Y Avg
21.71%
Market Cap
$94.64B
Operating Margin
28.32%
TTM Avg
24.76%
3Y Avg
19.95%
5Y Avg
18.38%
Market Cap
$97.40B
Operating Margin
22.17%
TTM Avg
16.12%
3Y Avg
15.62%
5Y Avg
19.79%
Market Cap
$86.37B
Operating Margin
40.84%
TTM Avg
37.69%
3Y Avg
37.61%
5Y Avg
37.47%
Market Cap
$100.39B
Operating Margin
30.73%
TTM Avg
24.28%
3Y Avg
25.36%
5Y Avg
25.95%
Market Cap
$83.86B
Operating Margin
45.10%
TTM Avg
43.34%
3Y Avg
40.19%
5Y Avg
42.01%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| KKR & Co. Inc. (KKR) | $92.18B | 5.13% | 7.59% | 7.17% | 13.32% |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $91.72B | 21.62% | 23.42% | 22.68% | 21.71% |
| CME Group Inc. (CME)vs › | $94.21B | 65.10% | 64.50% | 62.66% | 60.18% |
| Brookfield Corporation (BN)vs › | $94.64B | 28.32% | 24.76% | 19.95% | 18.38% |
| The Bank of New York Mellon Corporation (BK)vs › | $97.40B | 22.17% | 16.12% | 15.62% | 19.79% |
| Intercontinental Exchange, Inc. (ICE)vs › | $86.37B | 40.84% | 37.69% | 37.61% | 37.47% |
| U.S. Bancorp (USB)vs › | $100.36B | 23.95% | 20.36% | 21.07% | 25.19% |
| The PNC Financial Services Group, Inc. (PNC)vs › | $100.39B | 30.73% | 24.28% | 25.36% | 25.95% |
| Moody's Corporation (MCO)vs › | $83.86B | 45.10% | 43.34% | 40.19% | 42.01% |
| Robinhood Markets, Inc. (HOOD)vs › | $83.53B | 46.28% | 41.27% | -4.33% | -17.73% |
Gross Margin
41.8%
Operating Margin
5.1%
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 |
|---|---|
| 2026-03-31 | 5.13% |
| 2025-12-31 | 40.04% |
| 2025-09-30 | 9.38% |
| 2025-06-30 | 6.54% |
| 2025-03-31 | -23.13% |
| 2024-12-31 | 9.15% |
| 2024-09-30 | 1.35% |
| 2024-06-30 | 5.54% |
| 2024-03-31 | 3.56% |
| 2023-12-31 | 8.26% |
| 2023-09-30 | 30.62% |
| 2023-06-30 | 14.05% |
| 2023-03-31 | 8.75% |
| 2022-12-31 | 2.95% |
| 2022-09-30 | 9.49% |
| 2022-06-30 | -87.61% |
| 2022-03-31 | -34.54% |
| 2021-12-31 | 22.74% |
| 2021-09-30 | 29.45% |
| 2021-06-30 | 36.86% |
| 2021-03-31 | 32.37% |
| 2020-12-31 | 41.20% |
| 2020-09-30 | 42.29% |
| 2020-06-30 | 43.16% |
| 2020-03-31 | 90.35% |
| 2019-12-31 | 29.33% |
| 2019-09-30 | 21.63% |
| 2019-06-30 | 31.45% |
| 2019-03-31 | 38.63% |
| 2018-12-31 | 233.52% |
| 2018-09-30 | 34.49% |
| 2018-06-30 | 30.52% |
| 2018-03-31 | 7.62% |
| 2017-12-31 | 32.38% |
| 2017-09-30 | 29.27% |
| 2017-06-30 | 38.01% |
| 2017-03-31 | 29.66% |
| 2016-12-31 | 5.95% |
| 2016-09-30 | 25.61% |
| 2016-06-30 | 26.62% |
| 2016-03-31 | -89.38% |
| 2015-12-31 | -70.53% |
| 2015-09-30 | -46.81% |
| 2015-06-30 | -116.58% |
| 2015-03-31 | -76.78% |
| 2014-12-31 | -197.34% |
| 2014-09-30 | -46.30% |
| 2014-06-30 | -134.72% |
| 2014-03-31 | -56.20% |
| 2013-12-31 | -158.02% |
| 2013-09-30 | -107.02% |
| 2013-06-30 | -75.52% |
| 2013-03-31 | -190.49% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | -175.37% |
| 2012-06-30 | -210.38% |
| 2012-03-31 | -282.83% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |