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 19.21% is 135% above its 5-year average of 8.17%, near the high end of its 5-year range (-36.87%–25.55%).
As of the fiscal period ended Tuesday, June 30, 2026. 18.43% below its 12-month average of 23.56%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
19.21%
OPERATING MARGIN AVG TTM
23.56%
OPERATING MARGIN AVG 3Y
22.68%
OPERATING MARGIN AVG 5Y
8.17%
OPERATING MARGIN AVG 10Y
13.74%
OPERATING MARGIN AVG 15Y
24.37%
OPERATING MARGIN AVG 20Y
18.47%
CURRENT VS TTM AVG
-18.43%
CURRENT VS 3Y AVG
-15.27%
CURRENT VS 5Y AVG
+135.08%
CURRENT VS 10Y AVG
+39.80%
CURRENT VS 15Y AVG
-21.16%
CURRENT VS 20Y AVG
+4.03%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.96%
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
+75.23%
vs the sector median at left
Las Vegas Sands Corp.
Market Cap
$30.53B
Operating Margin
19.21%
TTM Avg
23.56%
3Y Avg
22.68%
5Y Avg
8.17%
Market Cap
$29.76B
Operating Margin
16.15%
TTM Avg
12.16%
3Y Avg
10.42%
5Y Avg
2.41%
Market Cap
$31.88B
Operating Margin
5.89%
TTM Avg
5.45%
3Y Avg
4.97%
5Y Avg
4.83%
Market Cap
$26.70B
Operating Margin
17.97%
TTM Avg
18.13%
3Y Avg
17.58%
5Y Avg
17.52%
Market Cap
$25.47B
Operating Margin
6.24%
TTM Avg
5.95%
3Y Avg
8.70%
5Y Avg
9.29%
Market Cap
$36.06B
Operating Margin
16.34%
TTM Avg
15.56%
3Y Avg
1.05%
5Y Avg
-87.64%
Market Cap
$24.85B
Operating Margin
14.61%
TTM Avg
19.50%
3Y Avg
20.41%
5Y Avg
19.35%
Market Cap
$22.79B
Operating Margin
14.53%
TTM Avg
13.85%
3Y Avg
12.51%
5Y Avg
12.58%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Las Vegas Sands Corp. (LVS) | $30.53B | 19.21% | 23.56% | 22.68% | 8.17% |
| Expedia Group, Inc. (EXPE)vs › | $29.76B | 16.15% | 12.16% | 10.42% | 2.41% |
| Casey's General Stores, Inc. (CASY)vs › | $31.88B | 5.89% | 5.45% | 4.97% | 4.83% |
| Tapestry, Inc. (TPR)vs › | $28.81B | 11.32% | 11.50% | 14.55% | 10.66% |
| Williams-Sonoma, Inc. (WSM)vs › | $26.70B | 17.97% | 18.13% | 17.58% | 17.52% |
| Smurfit Westrock plc (SW)vs › | $25.47B | 6.24% | 5.95% | 8.70% | 9.29% |
| Carnival Corporation & plc (CCL)vs › | $36.06B | 16.34% | 15.56% | 1.05% | -87.64% |
| PulteGroup, Inc. (PHM)vs › | $24.85B | 14.61% | 19.50% | 20.41% | 19.35% |
| Ralph Lauren Corporation (RL)vs › | $22.79B | 14.53% | 13.85% | 12.51% | 12.58% |
| Packaging Corporation of America (PKG)vs › | $22.67B | 13.16% | 13.55% | 14.41% | 14.48% |
Gross Margin
49.8%
Operating Margin
19.2%
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 | 19.21% |
| 2026-03-31 | 25.55% |
| 2025-12-31 | 23.98% |
| 2025-09-30 | 23.84% |
| 2025-06-30 | 25.20% |
| 2025-03-31 | 21.66% |
| 2024-12-31 | 20.82% |
| 2024-09-30 | 18.79% |
| 2024-06-30 | 21.41% |
| 2024-03-31 | 24.23% |
| 2023-12-31 | 24.36% |
| 2023-09-30 | 24.62% |
| 2023-06-30 | 21.13% |
| 2023-03-31 | 17.83% |
| 2022-12-31 | -14.86% |
| 2022-09-30 | -17.61% |
| 2022-06-30 | -14.07% |
| 2022-03-31 | -32.03% |
| 2021-12-31 | -13.69% |
| 2021-09-30 | -36.87% |
| 2021-06-30 | -11.85% |
| 2021-03-31 | -8.03% |
| 2020-12-31 | -18.41% |
| 2020-09-30 | -117.26% |
| 2020-06-30 | -1220.97% |
| 2020-03-31 | 0.42% |
| 2019-12-31 | 26.62% |
| 2019-09-30 | 27.66% |
| 2019-06-30 | 26.81% |
| 2019-03-31 | 26.63% |
| 2018-12-31 | 25.15% |
| 2018-09-30 | 27.34% |
| 2018-06-30 | 24.13% |
| 2018-03-31 | 32.36% |
| 2017-12-31 | 29.89% |
| 2017-09-30 | 27.05% |
| 2017-06-30 | 26.28% |
| 2017-03-31 | 24.91% |
| 2016-12-31 | 21.76% |
| 2016-09-30 | 24.25% |
| 2016-06-30 | 19.55% |
| 2016-03-31 | 21.57% |
| 2015-12-31 | 24.53% |
| 2015-09-30 | 25.54% |
| 2015-06-30 | 23.60% |
| 2015-03-31 | 23.61% |
| 2014-12-31 | 29.93% |
| 2014-09-30 | 27.49% |
| 2014-06-30 | 26.53% |
| 2014-03-31 | 28.52% |
| 2013-12-31 | 24.24% |
| 2013-09-30 | 25.64% |
| 2013-06-30 | 24.07% |
| 2013-03-31 | 25.03% |
| 2012-12-31 | 21.84% |
| 2012-09-30 | 19.71% |
| 2012-06-30 | 15.40% |
| 2012-03-31 | 25.61% |
| 2011-12-31 | 26.07% |
| 2011-09-30 | 26.25% |
| 2011-06-30 | 25.93% |
| 2011-03-31 | 23.01% |
| 2010-12-31 | 24.25% |
| 2010-09-30 | 20.08% |
| 2010-06-30 | 10.46% |
| 2010-03-31 | 10.62% |
| 2009-12-31 | 3.42% |
| 2009-09-30 | 5.47% |
| 2009-06-30 | -16.18% |
| 2009-03-31 | 3.36% |
| 2008-12-31 | -3.14% |
| 2008-09-30 | 2.55% |
| 2008-06-30 | 6.59% |
| 2008-03-31 | 8.95% |
| 2007-12-31 | 12.74% |
| 2007-09-30 | -3.15% |
| 2007-06-30 | 14.07% |
| 2007-03-31 | 20.85% |
| 2006-12-31 | 26.14% |
| 2006-09-30 | 24.13% |
| 2006-06-30 | 24.26% |
| 2006-03-31 | 28.07% |
| 2005-12-31 | 28.26% |
| 2005-09-30 | 24.79% |
| 2005-06-30 | 28.62% |
| 2005-03-31 | 31.04% |
| 2004-12-31 | 25.75% |
| 2004-09-30 | -14.09% |
| 2004-06-30 | 185.66% |
| 2004-03-31 | 34.41% |
