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 12.36% is in line with its 5-year average of 11.70%, near the high end of its 5-year range (3.74%–14.31%).
As of the fiscal period ended Sunday, June 28, 2026. 19.63% above its 12-month average of 10.33%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
12.36%
OPERATING MARGIN AVG TTM
10.33%
OPERATING MARGIN AVG 3Y
12.11%
OPERATING MARGIN AVG 5Y
12.57%
OPERATING MARGIN AVG 10Y
12.75%
OPERATING MARGIN AVG 15Y
12.20%
OPERATING MARGIN AVG 20Y
11.62%
CURRENT VS TTM AVG
+19.63%
CURRENT VS 3Y AVG
+2.00%
CURRENT VS 5Y AVG
-1.69%
CURRENT VS 10Y AVG
-3.08%
CURRENT VS 15Y AVG
+1.29%
CURRENT VS 20Y AVG
+6.35%
SECTOR MEDIAN · INDUSTRIALS
13.49%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
-8.41%
vs the sector median at left
Lockheed Martin Corporation
Market Cap
$134.49B
Operating Margin
12.36%
TTM Avg
10.33%
3Y Avg
12.11%
5Y Avg
12.57%
Market Cap
$123.13B
Operating Margin
20.87%
TTM Avg
20.02%
3Y Avg
18.67%
5Y Avg
17.65%
Market Cap
$146.26B
Operating Margin
7.96%
TTM Avg
5.65%
3Y Avg
-0.29%
5Y Avg
-1.61%
Market Cap
$112.93B
Operating Margin
27.75%
TTM Avg
24.16%
3Y Avg
21.33%
5Y Avg
19.81%
Market Cap
$159.98B
Operating Margin
18.38%
TTM Avg
18.84%
3Y Avg
21.89%
5Y Avg
20.22%
Market Cap
$161.22B
Operating Margin
17.68%
TTM Avg
19.30%
3Y Avg
17.86%
5Y Avg
16.51%
Market Cap
$103.74B
Operating Margin
10.32%
TTM Avg
10.12%
3Y Avg
10.24%
5Y Avg
10.45%
Market Cap
$100.57B
Operating Margin
17.94%
TTM Avg
18.13%
3Y Avg
16.94%
5Y Avg
15.73%
Market Cap
$100.14B
Operating Margin
6.20%
TTM Avg
5.71%
3Y Avg
5.61%
5Y Avg
5.56%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lockheed Martin Corporation (LMT) | $134.49B | 12.36% | 10.33% | 12.11% | 12.57% |
| Parker-Hannifin Corporation (PH)vs › | $123.13B | 20.87% | 20.02% | 18.67% | 17.65% |
| Siemens Energy AG (SMEGF)vs › | $146.26B | 7.96% | 5.65% | -0.29% | -1.61% |
| Howmet Aerospace Inc. (HWM)vs › | $112.93B | 27.75% | 24.16% | 21.33% | 19.81% |
| Deere & Company (DE)vs › | $159.98B | 18.38% | 18.84% | 21.89% | 20.22% |
| Eaton Corporation plc (ETN)vs › | $161.22B | 17.68% | 19.30% | 17.86% | 16.51% |
| General Dynamics Corporation (GD)vs › | $103.74B | 10.32% | 10.12% | 10.24% | 10.45% |
| Trane Technologies plc (TT)vs › | $100.57B | 17.94% | 18.13% | 16.94% | 15.73% |
| Quanta Services, Inc. (PWR)vs › | $100.14B | 6.20% | 5.71% | 5.61% | 5.56% |
| The Boeing Company (BA)vs › | $170.83B | -5.41% | -11.16% | -7.16% | -9.20% |
Gross Margin
11.8%
Operating Margin
12.4%
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 |
|---|---|
| 2026-06-28 | 12.36% |
| 2026-03-29 | 11.45% |
| 2025-12-31 | 11.47% |
| 2025-09-28 | 12.25% |
| 2025-06-29 | 4.12% |
| 2025-03-30 | 13.20% |
| 2024-12-31 | 3.74% |
| 2024-09-29 | 12.51% |
| 2024-06-30 | 11.85% |
| 2024-03-31 | 11.80% |
| 2023-12-31 | 12.15% |
| 2023-09-24 | 12.10% |
| 2023-06-25 | 12.79% |
| 2023-03-26 | 13.47% |
| 2022-12-31 | 12.07% |
| 2022-09-25 | 13.02% |
| 2022-06-26 | 12.66% |
| 2022-03-27 | 12.92% |
| 2021-12-31 | 13.85% |
| 2021-09-26 | 14.31% |
| 2021-06-27 | 12.87% |
| 2021-03-28 | 13.42% |
| 2020-12-31 | 13.44% |
| 2020-09-27 | 13.02% |
| 2020-06-28 | 12.86% |
| 2020-03-29 | 13.56% |
| 2019-12-31 | 13.53% |
| 2019-09-29 | 13.88% |
| 2019-06-30 | 13.92% |
| 2019-03-31 | 15.92% |
| 2018-12-31 | 12.84% |
| 2018-09-30 | 13.71% |
| 2018-06-24 | 13.40% |
| 2018-03-25 | 14.83% |
| 2017-12-31 | 12.28% |
| 2017-09-24 | 11.57% |
| 2017-06-25 | 11.82% |
| 2017-03-26 | 10.39% |
| 2016-12-31 | 10.38% |
| 2016-09-25 | 13.75% |
| 2016-06-26 | 11.88% |
| 2016-03-27 | 11.17% |
| 2015-12-31 | 9.92% |
| 2015-09-27 | 11.85% |
| 2015-06-28 | 12.41% |
| 2015-03-29 | 13.41% |
| 2014-12-31 | 10.71% |
| 2014-09-28 | 12.52% |
| 2014-06-29 | 12.61% |
| 2014-03-30 | 13.45% |
| 2013-12-31 | 7.23% |
| 2013-09-29 | 11.05% |
| 2013-06-30 | 11.38% |
| 2013-03-31 | 10.11% |
| 2012-12-31 | 9.29% |
| 2012-09-30 | 9.58% |
| 2012-06-24 | 10.00% |
| 2012-03-25 | 8.93% |
| 2011-12-31 | 8.86% |
| 2011-09-25 | 8.59% |
| 2011-06-26 | 8.60% |
| 2011-03-27 | 8.13% |
| 2010-12-31 | 10.46% |
| 2010-09-26 | 7.82% |
| 2010-06-27 | 9.92% |
| 2010-03-28 | 9.23% |
| 2009-12-31 | 9.91% |
| 2009-09-27 | 9.81% |
| 2009-06-28 | 9.64% |
| 2009-03-29 | 10.19% |
| 2008-12-31 | 12.11% |
| 2008-09-28 | 11.74% |
| 2008-06-29 | 12.35% |
| 2008-03-30 | 11.80% |
| 2007-12-31 | 11.21% |
| 2007-09-30 | 10.48% |
| 2007-06-30 | 11.56% |
| 2007-03-31 | 11.02% |
| 2006-12-31 | 10.46% |
| 2006-09-30 | 9.42% |
| 2006-06-30 | 9.47% |
| 2006-03-31 | 8.25% |
| 2005-12-31 | 8.66% |
| 2005-09-30 | 7.67% |
| 2005-06-30 | 7.08% |
| 2005-03-31 | 6.39% |
| 2004-12-31 | 5.73% |
| 2004-09-30 | 6.13% |
| 2004-06-30 | 6.07% |
| 2004-03-31 | 5.61% |
| 2003-12-31 | 6.19% |
| 2003-09-30 | 6.66% |
| 2003-06-30 | 5.32% |
| 2003-03-31 | 6.69% |
| 2002-12-31 | 6.11% |
| 2002-09-30 | 8.45% |
