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 43.92% is 23% above its 5-year average of 35.61%, near the high end of its 5-year range (22.51%–47.65%).
1.40% below its 12-month average of 44.54%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
43.92%
OPERATING MARGIN AVG TTM
44.54%
OPERATING MARGIN AVG 3Y
39.82%
OPERATING MARGIN AVG 5Y
35.61%
OPERATING MARGIN AVG 10Y
30.24%
OPERATING MARGIN AVG 15Y
26.81%
OPERATING MARGIN AVG 20Y
25.90%
CURRENT VS TTM AVG
-1.40%
CURRENT VS 3Y AVG
+10.30%
CURRENT VS 5Y AVG
+23.35%
CURRENT VS 10Y AVG
+45.26%
CURRENT VS 15Y AVG
+63.81%
CURRENT VS 20Y AVG
+69.56%
SECTOR MEDIAN · HEALTHCARE
14.90%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+194.77%
vs the sector median at left
Eli Lilly and Company
Market Cap
$1.06T
Operating Margin
43.92%
TTM Avg
44.54%
3Y Avg
39.82%
5Y Avg
35.61%
Market Cap
$648.55B
Operating Margin
26.81%
TTM Avg
26.05%
3Y Avg
26.47%
5Y Avg
26.06%
Market Cap
$366.74B
Operating Margin
36.17%
TTM Avg
33.84%
3Y Avg
25.86%
5Y Avg
23.98%
Market Cap
$364.02B
Operating Margin
4.82%
TTM Avg
6.16%
3Y Avg
7.45%
5Y Avg
7.80%
Market Cap
$344.74B
Operating Margin
29.16%
TTM Avg
25.33%
3Y Avg
25.67%
5Y Avg
27.00%
Market Cap
$248.20B
Operating Margin
22.77%
TTM Avg
20.95%
3Y Avg
17.06%
5Y Avg
15.08%
Market Cap
$224.09B
Operating Margin
17.69%
TTM Avg
18.04%
3Y Avg
18.11%
5Y Avg
20.54%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Eli Lilly and Company (LLY) | $1.06T | 43.92% | 44.54% | 39.82% | 35.61% |
| Johnson & Johnson (JNJ)vs › | $648.55B | 26.81% | 26.05% | 26.47% | 26.06% |
| AbbVie Inc. (ABBV)vs › | $439.68B | 29.32% | 24.54% | 25.94% | 26.75% |
| Merck & Co., Inc. (MRK)vs › | $366.74B | 36.17% | 33.84% | 25.86% | 23.98% |
| UnitedHealth Group Incorporated (UNH)vs › | $364.02B | 4.82% | 6.16% | 7.45% | 7.80% |
| Roche Holding AG (RHHBY)vs › | $344.74B | 29.16% | 25.33% | 25.67% | 27.00% |
| AstraZeneca PLC (AZN)vs › | $248.20B | 22.77% | 20.95% | 17.06% | 15.08% |
| Thermo Fisher Scientific Inc. (TMO)vs › | $224.09B | 17.69% | 18.04% | 18.11% | 20.54% |
| Amgen Inc. (AMGN)vs › | $212.20B | 33.18% | 25.38% | 28.78% | 30.08% |
| Novo Nordisk A/S (NVO)vs › | $200.54B | 43.10% | 42.74% | 42.98% | 42.70% |
Gross Margin
84.0%
Operating Margin
43.9%
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 | 39.08% |
| 2026-03-31 | 44.70% |
| 2025-12-31 | 45.49% |
| 2025-09-30 | 47.65% |
| 2025-06-30 | 45.80% |
| 2025-03-31 | 42.49% |
| 2024-12-31 | 42.84% |
| 2024-09-30 | 39.77% |
| 2024-06-30 | 39.09% |
| 2024-03-31 | 31.20% |
| 2023-12-31 | 34.14% |
| 2023-09-30 | 37.28% |
| 2023-06-30 | 28.13% |
| 2023-03-31 | 24.64% |
| 2022-12-31 | 30.23% |
| 2022-09-30 | 29.36% |
| 2022-06-30 | 26.89% |
| 2022-03-31 | 34.10% |
| 2021-12-31 | 30.89% |
| 2021-09-30 | 31.47% |
| 2021-06-30 | 22.51% |
| 2021-03-31 | 25.75% |
| 2020-12-31 | 32.06% |
| 2020-09-30 | 26.02% |
| 2020-06-30 | 26.81% |
| 2020-03-31 | 29.82% |
| 2019-12-31 | 26.23% |
| 2019-09-30 | 28.50% |
| 2019-06-30 | 27.91% |
| 2019-03-31 | 24.78% |
| 2018-12-31 | 24.81% |
| 2018-09-30 | 27.86% |
| 2018-06-30 | 29.52% |
| 2018-03-31 | 28.39% |
| 2017-12-31 | 12.47% |
| 2017-09-30 | 21.51% |
| 2017-06-30 | 22.57% |
| 2017-03-31 | 21.38% |
| 2016-12-31 | 18.29% |
| 2016-09-30 | 19.05% |
| 2016-06-30 | 18.16% |
| 2016-03-31 | 17.41% |
| 2015-12-31 | 13.84% |
| 2015-09-30 | 20.24% |
| 2015-06-30 | 19.19% |
| 2015-03-31 | 19.14% |
| 2014-12-31 | 17.23% |
| 2014-09-30 | 14.22% |
| 2014-06-30 | 17.96% |
| 2014-03-31 | 18.50% |
| 2013-12-31 | 17.10% |
| 2013-09-30 | 26.76% |
| 2013-06-30 | 26.42% |
| 2013-03-31 | 25.77% |
| 2012-12-31 | 21.29% |
| 2012-09-30 | 20.93% |
| 2012-06-30 | 21.47% |
| 2012-03-31 | 25.08% |
| 2011-12-31 | 20.44% |
| 2011-09-30 | 26.21% |
| 2011-06-30 | 27.53% |
| 2011-03-31 | 29.96% |
| 2010-12-31 | 24.70% |
| 2010-09-30 | 30.99% |
| 2010-06-30 | 31.00% |
| 2010-03-31 | 31.16% |
| 2009-12-31 | 22.46% |
| 2009-09-30 | 30.32% |
| 2009-06-30 | 30.17% |
| 2009-03-31 | 34.76% |
| 2008-12-31 | 28.96% |
| 2008-09-30 | 27.87% |
| 2008-06-30 | 25.20% |
| 2008-03-31 | 26.39% |
| 2007-12-31 | 23.27% |
| 2007-09-30 | 26.38% |
| 2007-06-30 | 27.06% |
| 2007-03-31 | 26.80% |
| 2006-12-31 | 24.91% |
| 2006-09-30 | 27.17% |
| 2006-06-30 | 25.70% |
| 2006-03-31 | 27.58% |
| 2005-12-31 | 25.30% |
| 2005-09-30 | 25.92% |
| 2005-06-30 | 24.21% |
| 2005-03-31 | 24.18% |
| 2004-12-31 | 26.75% |
| 2004-09-30 | 26.33% |
| 2004-06-30 | 25.46% |
| 2004-03-31 | 27.09% |
| 2003-12-31 | 25.68% |
| 2003-09-30 | 29.58% |
| 2003-06-30 | 27.83% |
| 2003-03-31 | 28.52% |
| 2002-12-31 | 30.20% |
| 2002-09-30 | 32.11% |