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 10.04% is in line with its 5-year average of 10.48%, around the middle of its 5-year range (6.66%–13.18%).
0.14% above its 12-month average of 10.03%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-07-03): 11.12%.
OPERATING MARGIN
10.04%
OPERATING MARGIN AVG TTM
10.03%
OPERATING MARGIN AVG 3Y
10.28%
OPERATING MARGIN AVG 5Y
10.48%
OPERATING MARGIN AVG 10Y
12.46%
OPERATING MARGIN AVG 15Y
13.87%
OPERATING MARGIN AVG 20Y
14.33%
CURRENT VS TTM AVG
+0.14%
CURRENT VS 3Y AVG
-2.29%
CURRENT VS 5Y AVG
-4.22%
CURRENT VS 10Y AVG
-19.41%
CURRENT VS 15Y AVG
-27.59%
CURRENT VS 20Y AVG
-29.95%
SECTOR MEDIAN · INDUSTRIALS
11.95%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-15.95%
vs the sector median at left
L3Harris Technologies, Inc.
Market Cap
$45.72B
Operating Margin
10.04%
TTM Avg
10.03%
3Y Avg
10.28%
5Y Avg
10.48%
Market Cap
$45.31B
Operating Margin
24.04%
TTM Avg
22.17%
3Y Avg
22.07%
5Y Avg
21.76%
Market Cap
$47.37B
Operating Margin
7.05%
TTM Avg
9.05%
3Y Avg
10.00%
5Y Avg
11.75%
Market Cap
$44.03B
Operating Margin
24.04%
TTM Avg
22.17%
3Y Avg
22.07%
5Y Avg
21.76%
Market Cap
$47.67B
Operating Margin
21.69%
TTM Avg
16.18%
3Y Avg
17.07%
5Y Avg
15.99%
Market Cap
$47.84B
Operating Margin
16.54%
TTM Avg
16.11%
3Y Avg
14.35%
5Y Avg
13.08%
Market Cap
$42.50B
Operating Margin
27.64%
TTM Avg
27.84%
3Y Avg
29.41%
5Y Avg
28.25%
Market Cap
$50.16B
Operating Margin
18.71%
TTM Avg
20.71%
3Y Avg
22.42%
5Y Avg
22.42%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| L3Harris Technologies, Inc. (LHX) | $45.72B | 10.04% | 10.03% | 10.28% | 10.48% |
| HEICO Corporation (HEI-A)vs › | $45.31B | 24.04% | 22.17% | 22.07% | 21.76% |
| Carrier Global Corporation (CARR)vs › | $47.37B | 7.05% | 9.05% | 10.00% | 11.75% |
| HEICO Corporation (HEI)vs › | $44.03B | 24.04% | 22.17% | 22.07% | 21.76% |
| Rockwell Automation, Inc. (ROK)vs › | $47.67B | 21.69% | 16.18% | 17.07% | 15.99% |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $47.84B | 16.54% | 16.11% | 14.35% | 13.08% |
| Ferguson plc (FERG)vs › | $43.16B | 9.01% | 9.34% | 9.14% | 9.16% |
| Thomson Reuters Corporation (TRI)vs › | $42.50B | 27.64% | 27.84% | 29.41% | 28.25% |
| Honeywell Aerospace Inc (HONA)vs › | $50.16B | 18.71% | 20.71% | 22.42% | 22.42% |
| Paychex, Inc. (PAYX)vs › | $41.19B | 38.55% | 39.08% | 39.99% | 39.31% |
Gross Margin
25.5%
Operating Margin
10.0%
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 |
|---|---|
| 2026-07-03 | 11.12% |
| 2026-04-03 | 11.18% |
| 2026-01-02 | 6.66% |
| 2025-10-03 | 11.15% |
| 2025-06-27 | 10.76% |
| 2025-03-28 | 10.80% |
| 2025-01-03 | 13.18% |
| 2024-09-27 | 9.35% |
| 2024-06-28 | 8.98% |
| 2024-03-29 | 7.25% |
| 2023-12-29 | 13.13% |
| 2023-09-29 | 9.75% |
| 2023-06-30 | 8.52% |
| 2023-03-31 | 8.79% |
| 2022-12-30 | 10.81% |
| 2022-09-30 | 10.65% |
| 2022-07-01 | 11.70% |
| 2022-04-01 | 12.14% |
| 2021-12-31 | 11.54% |
| 2021-10-01 | 12.18% |
| 2021-07-02 | 11.27% |
| 2021-04-02 | 12.11% |
| 2021-01-01 | 12.19% |
| 2020-10-02 | 11.07% |
| 2020-07-03 | 8.23% |
| 2020-04-03 | 11.09% |
| 2019-12-31 | 8.69% |
| 2019-09-27 | 4.29% |
| 2019-06-28 | 15.71% |
| 2019-03-29 | 16.15% |
| 2018-12-28 | 16.03% |
| 2018-09-28 | 16.41% |
| 2018-06-29 | 19.33% |
| 2018-03-30 | 16.39% |
| 2017-12-29 | 17.72% |
| 2017-09-29 | 19.29% |
| 2017-06-30 | 17.83% |
| 2017-03-31 | 18.47% |
| 2016-12-30 | 19.12% |
| 2016-09-30 | 17.32% |
| 2016-07-01 | 14.50% |
| 2016-04-01 | 17.29% |
| 2016-01-01 | 18.76% |
| 2015-10-02 | 14.47% |
| 2015-07-03 | 5.99% |
| 2015-04-03 | 17.94% |
| 2015-01-02 | 17.41% |
| 2014-09-26 | 17.14% |
| 2014-06-27 | 16.99% |
| 2014-03-28 | 17.62% |
| 2013-12-27 | 18.24% |
| 2013-09-27 | 17.59% |
| 2013-06-28 | 12.58% |
| 2013-03-29 | 16.42% |
| 2012-12-28 | 17.75% |
| 2012-09-28 | 17.04% |
| 2012-06-29 | 23.74% |
| 2012-03-30 | 18.05% |
| 2011-12-30 | 17.70% |
| 2011-09-30 | 16.38% |
| 2011-07-01 | 13.61% |
| 2011-04-01 | 16.65% |
| 2010-12-31 | 16.88% |
| 2010-10-01 | 19.15% |
| 2010-07-02 | 16.90% |
| 2010-04-02 | 19.89% |
| 2010-01-01 | 18.35% |
| 2009-10-02 | 14.86% |
| 2009-07-03 | 26.54% |
| 2009-04-03 | 16.88% |
| 2009-01-02 | 16.21% |
| 2008-09-26 | 16.30% |
| 2008-06-27 | 12.07% |
| 2008-03-28 | 11.98% |
| 2007-12-28 | 13.60% |
| 2007-09-28 | 13.33% |
| 2007-06-29 | 11.74% |
| 2007-03-30 | 10.43% |
| 2006-12-29 | 14.87% |
| 2006-09-29 | 14.42% |
| 2006-06-30 | 13.69% |
| 2006-03-31 | 13.52% |
| 2005-12-30 | 8.12% |
| 2005-09-30 | 10.98% |
| 2005-07-01 | 11.61% |
| 2005-04-01 | 11.49% |
| 2004-12-31 | 9.88% |
| 2004-10-01 | 9.61% |
| 2004-07-02 | 7.81% |
| 2004-04-02 | 8.82% |
| 2004-01-02 | 8.84% |
| 2003-09-26 | 7.78% |
| 2003-06-27 | 0.76% |
| 2003-03-28 | 6.75% |
| 2002-12-27 | 5.02% |
| 2002-09-27 | 4.02% |
