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 21.72% is 1228% above its 5-year average of -1.93%, around the middle of its 5-year range (-43.27%–63.62%).
As of the fiscal period ended Saturday, March 28, 2026. 500.48% above its 12-month average of 3.62%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
21.72%
OPERATING MARGIN AVG TTM
3.62%
OPERATING MARGIN AVG 3Y
-14.15%
OPERATING MARGIN AVG 5Y
-5.20%
OPERATING MARGIN AVG 10Y
3.55%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+500.48%
CURRENT VS 3Y AVG
+253.51%
CURRENT VS 5Y AVG
+517.53%
CURRENT VS 10Y AVG
+511.80%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
14.05%
median of 176 covered companies
CURRENT VS SECTOR MEDIAN
+54.55%
vs the sector median at left
Lumentum Holdings Inc.
Market Cap
$69.26B
Operating Margin
21.72%
TTM Avg
3.62%
3Y Avg
-14.15%
5Y Avg
-5.20%
Market Cap
$68.86B
Operating Margin
28.72%
TTM Avg
25.27%
3Y Avg
26.59%
5Y Avg
24.48%
Market Cap
$70.47B
Operating Margin
6.60%
TTM Avg
6.45%
3Y Avg
6.93%
5Y Avg
6.89%
Market Cap
$62.72B
Operating Margin
19.09%
TTM Avg
18.22%
3Y Avg
17.75%
5Y Avg
17.70%
Market Cap
$77.61B
Operating Margin
25.05%
TTM Avg
24.98%
3Y Avg
22.80%
5Y Avg
21.71%
Market Cap
$60.45B
Operating Margin
28.65%
TTM Avg
27.04%
3Y Avg
27.60%
5Y Avg
23.10%
Market Cap
$59.30B
Operating Margin
21.74%
TTM Avg
21.40%
3Y Avg
21.97%
5Y Avg
25.01%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lumentum Holdings Inc. (LITE) | $69.26B | 21.72% | 3.62% | -14.15% | -5.20% |
| Monolithic Power Systems, Inc. (MPWR)vs › | $68.86B | 28.72% | 25.27% | 26.59% | 24.48% |
| Hewlett Packard Enterprise Company (HPE)vs › | $70.47B | 6.60% | 6.45% | 6.93% | 6.89% |
| Coherent, Inc. (COHR)vs › | $74.17B | 10.28% | 6.04% | 7.50% | 8.05% |
| TE Connectivity plc (TEL)vs › | $62.72B | 19.09% | 18.22% | 17.75% | 17.70% |
| Motorola Solutions, Inc. (MSI)vs › | $77.61B | 25.05% | 24.98% | 22.80% | 21.71% |
| NXP Semiconductors N.V. (NXPI)vs › | $60.45B | 28.65% | 27.04% | 27.60% | 23.10% |
| Garmin Ltd. (GRMN)vs › | $59.96B | 27.61% | 25.60% | 23.31% | 23.81% |
| Teradyne, Inc. (TER)vs › | $59.30B | 21.74% | 21.40% | 21.97% | 25.01% |
| Synopsys, Inc. (SNPS)vs › | $79.65B | 8.36% | 17.55% | 20.98% | 19.71% |
Gross Margin
28.0%
Operating Margin
21.7%
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 |
|---|---|
| 2026-03-28 | 21.72% |
| 2025-12-27 | 9.60% |
| 2025-09-27 | 2.81% |
| 2025-06-28 | -0.67% |
| 2025-03-29 | -15.38% |
| 2024-12-28 | -12.66% |
| 2024-09-28 | -24.46% |
| 2024-06-29 | -43.27% |
| 2024-03-30 | -24.46% |
| 2023-12-30 | -43.27% |
| 2023-09-30 | -25.44% |
| 2023-06-30 | -15.08% |
| 2023-04-01 | -13.41% |
| 2022-12-31 | -4.33% |
| 2022-10-01 | 2.66% |
| 2022-06-30 | 13.12% |
| 2022-04-02 | 11.84% |
| 2022-01-01 | 19.07% |
| 2021-10-02 | 25.85% |
| 2021-06-30 | 11.68% |
| 2021-04-03 | 63.62% |
| 2020-12-26 | 24.08% |
| 2020-09-26 | 21.88% |
| 2020-06-30 | 7.33% |
| 2020-03-28 | 10.55% |
| 2019-12-28 | 16.34% |
| 2019-09-28 | 13.29% |
| 2019-06-30 | -3.41% |
| 2019-03-30 | -17.65% |
| 2018-12-29 | 3.08% |
| 2018-09-29 | 16.13% |
| 2018-06-30 | 6.94% |
| 2018-03-31 | 8.53% |
| 2017-12-30 | 22.44% |
| 2017-09-30 | 1.11% |
| 2017-06-30 | 1.75% |
| 2017-04-01 | 5.32% |
| 2016-12-31 | 5.02% |
| 2016-10-01 | 6.51% |
| 2016-06-30 | 4.18% |
| 2016-04-02 | -1.00% |
| 2015-12-26 | 2.84% |
| 2015-09-26 | -1.18% |
| 2015-06-30 | -7.52% |
| 2015-03-31 | -5.44% |
| 2014-12-31 | -1.52% |
| 2014-09-30 | 2.37% |
| 2014-06-30 | -3.38% |
| 2014-03-31 | 3.51% |
| 2013-12-28 | 2.28% |
| 2013-09-28 | 2.28% |
