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 22.43% is in line with its 5-year average of 24.55%, around the middle of its 5-year range (19.26%–27.86%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.60% above its 12-month average of 22.08%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
22.43%
OPERATING MARGIN AVG TTM
22.08%
OPERATING MARGIN AVG 3Y
23.34%
OPERATING MARGIN AVG 5Y
24.55%
OPERATING MARGIN AVG 10Y
22.81%
OPERATING MARGIN AVG 15Y
21.90%
OPERATING MARGIN AVG 20Y
20.23%
CURRENT VS TTM AVG
+1.60%
CURRENT VS 3Y AVG
-3.91%
CURRENT VS 5Y AVG
-8.62%
CURRENT VS 10Y AVG
-1.66%
CURRENT VS 15Y AVG
+2.43%
CURRENT VS 20Y AVG
+10.89%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.96%
median of 92 covered companies
CURRENT VS SECTOR MEDIAN
+104.56%
vs the sector median at left
LVMH Moët Hennessy - Louis Vuitton, Société Européenne
Market Cap
$256.86B
Operating Margin
22.43%
TTM Avg
22.08%
3Y Avg
23.34%
5Y Avg
24.55%
Market Cap
$278.78B
Operating Margin
5.78%
TTM Avg
9.98%
3Y Avg
10.89%
5Y Avg
10.70%
Market Cap
$190.25B
Operating Margin
40.10%
TTM Avg
40.32%
3Y Avg
40.80%
5Y Avg
39.16%
Market Cap
$327.66B
Operating Margin
12.43%
TTM Avg
13.09%
3Y Avg
13.46%
5Y Avg
14.18%
Market Cap
$184.77B
Operating Margin
45.84%
TTM Avg
45.64%
3Y Avg
44.35%
5Y Avg
43.35%
Market Cap
$156.96B
Operating Margin
34.49%
TTM Avg
33.16%
3Y Avg
30.87%
5Y Avg
22.83%
Market Cap
$148.25B
Operating Margin
12.83%
TTM Avg
11.54%
3Y Avg
10.87%
5Y Avg
9.18%
Market Cap
$122.28B
Operating Margin
9.43%
TTM Avg
12.29%
3Y Avg
13.81%
5Y Avg
13.10%
Market Cap
$120.55B
Operating Margin
22.17%
TTM Avg
24.55%
3Y Avg
24.02%
5Y Avg
14.61%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY) | $256.86B | 22.43% | 22.08% | 23.34% | 24.55% |
| Alibaba Group Holding Limited (BABA)vs › | $278.78B | 5.78% | 9.98% | 10.89% | 10.70% |
| Hermes International Societe en commandite par actions Unsponsored ADR (HESAY)vs › | $190.25B | 40.10% | 40.32% | 40.80% | 39.16% |
| The Home Depot, Inc. (HD)vs › | $327.66B | 12.43% | 13.09% | 13.46% | 14.18% |
| McDonald's Corporation (MCD)vs › | $184.77B | 45.84% | 45.64% | 44.35% | 43.35% |
| Booking Holdings Inc. (BKNG)vs › | $156.96B | 34.49% | 33.16% | 30.87% | 22.83% |
| The TJX Companies, Inc. (TJX)vs › | $148.25B | 12.83% | 11.54% | 10.87% | 9.18% |
| Starbucks Corporation (SBUX)vs › | $122.28B | 9.43% | 12.29% | 13.81% | 13.10% |
| PDD Holdings Inc. (PDD)vs › | $120.55B | 22.17% | 24.55% | 24.02% | 14.61% |
| Lowe's Companies, Inc. (LOW)vs › | $115.92B | 11.38% | 12.14% | 12.03% | 11.91% |
Gross Margin
66.2%
Operating Margin
22.4%
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 |
|---|---|
| 2026-06-30 | 22.43% |
| 2025-12-31 | 21.20% |
| 2025-06-30 | 22.60% |
| 2024-12-31 | 19.26% |
| 2024-06-30 | 25.49% |
| 2023-12-31 | 25.00% |
| 2023-06-30 | 27.42% |
| 2022-12-31 | 25.41% |
| 2022-06-30 | 27.86% |
| 2021-12-31 | 26.67% |
| 2021-06-30 | 26.68% |
| 2020-12-31 | 25.29% |
| 2020-06-30 | 9.14% |
| 2019-12-31 | 21.62% |
| 2019-06-30 | 21.06% |
| 2018-12-31 | 21.24% |
| 2018-06-30 | 21.31% |
| 2017-12-31 | 20.26% |
| 2017-06-30 | 18.39% |
| 2016-12-31 | 19.89% |
| 2016-06-30 | 17.10% |
| 2015-12-31 | 19.17% |
| 2015-06-30 | 17.74% |
| 2014-12-31 | 18.80% |
| 2014-06-30 | 18.34% |
| 2013-12-31 | 21.61% |
| 2013-06-30 | 19.78% |
| 2012-12-31 | 21.44% |
| 2012-06-30 | 20.34% |
| 2011-12-31 | 21.78% |
| 2011-06-30 | 21.78% |
| 2010-12-31 | 20.52% |
| 2010-06-30 | 20.52% |
| 2009-12-31 | 18.54% |
| 2009-06-30 | 18.54% |
| 2009-01-31 | 20.27% |
| 2008-06-30 | 20.27% |
| 2008-01-31 | 20.81% |
| 2007-06-30 | 20.81% |
| 2007-01-31 | 19.94% |
| 2006-06-30 | 19.94% |
| 2006-01-31 | 18.13% |
| 2005-06-30 | 18.13% |
| 2005-01-31 | 19.17% |
| 2004-06-30 | 19.17% |
| 2004-01-31 | 18.24% |
| 2003-06-30 | 18.24% |
| 2003-01-31 | 15.82% |
| 2002-06-30 | 15.82% |
| 2002-01-31 | 15.82% |
| 2001-06-30 | 12.76% |
| 2001-01-31 | 12.76% |
