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 1.62% is 23% above its 5-year average of 1.31%, around the middle of its 5-year range (0.47%–2.33%).
6.67% above its 12-month average of 1.52%.
Reported quarterly operating margin; no daily interpolation. Q1 FY2027 (2026-06-30): 1.25%.
OPERATING MARGIN
1.62%
OPERATING MARGIN AVG TTM
1.52%
OPERATING MARGIN AVG 3Y
1.25%
OPERATING MARGIN AVG 5Y
1.31%
OPERATING MARGIN AVG 10Y
1.39%
OPERATING MARGIN AVG 15Y
1.52%
OPERATING MARGIN AVG 20Y
1.54%
CURRENT VS TTM AVG
+6.67%
CURRENT VS 3Y AVG
+29.58%
CURRENT VS 5Y AVG
+23.46%
CURRENT VS 10Y AVG
+16.66%
CURRENT VS 15Y AVG
+6.93%
CURRENT VS 20Y AVG
+5.08%
SECTOR MEDIAN · HEALTHCARE
14.90%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
-89.13%
vs the sector median at left
McKesson Corporation
Market Cap
$102.98B
Operating Margin
1.62%
TTM Avg
1.52%
3Y Avg
1.25%
5Y Avg
1.31%
Market Cap
$107.39B
Operating Margin
22.03%
TTM Avg
20.93%
3Y Avg
20.75%
5Y Avg
21.02%
Market Cap
$92.89B
Operating Margin
15.48%
TTM Avg
15.38%
3Y Avg
15.15%
5Y Avg
15.20%
Market Cap
$89.84B
Operating Margin
3.51%
TTM Avg
4.55%
3Y Avg
4.90%
5Y Avg
5.40%
Market Cap
$81.33B
Operating Margin
25.56%
TTM Avg
26.52%
3Y Avg
32.61%
5Y Avg
38.03%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| McKesson Corporation (MCK) | $102.98B | 1.62% | 1.52% | 1.25% | 1.31% |
| Sanofi (SNY)vs › | $103.59B | 14.74% | 18.46% | 19.67% | 22.87% |
| GSK plc (GSK)vs › | $102.30B | 20.72% | 19.17% | 20.63% | 20.79% |
| Stryker Corporation (SYK)vs › | $107.39B | 22.03% | 20.93% | 20.75% | 21.02% |
| HCA Healthcare, Inc. (HCA)vs › | $92.89B | 15.48% | 15.38% | 15.15% | 15.20% |
| CVS Health Corp. (CVS)vs › | $115.18B | 2.00% | 2.43% | 2.79% | 3.48% |
| Elevance Health Inc. (ELV)vs › | $89.84B | 3.51% | 4.55% | 4.90% | 5.40% |
| Medtronic plc (MDT)vs › | $118.75B | 18.08% | 17.77% | 17.25% | 17.00% |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $81.33B | 25.56% | 26.52% | 32.61% | 38.03% |
| Bristol-Myers Squibb Company (BMY)vs › | $128.36B | 28.27% | 24.24% | 21.84% | 19.75% |
Gross Margin
3.6%
Operating Margin
1.6%
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 | 1.25% |
| 2026-03-31 | 2.33% |
| 2025-12-31 | 1.53% |
| 2025-09-30 | 1.42% |
| 2025-06-30 | 1.06% |
| 2025-03-31 | 1.14% |
| 2024-12-31 | 1.35% |
| 2024-09-30 | 0.80% |
| 2024-06-30 | 1.34% |
| 2024-03-31 | 1.80% |
| 2023-12-31 | 0.77% |
| 2023-09-30 | 1.16% |
| 2023-06-30 | 1.39% |
| 2023-03-31 | 1.60% |
| 2022-12-31 | 1.62% |
| 2022-09-30 | 1.63% |
| 2022-06-30 | 1.58% |
| 2022-03-31 | 1.19% |
| 2021-12-31 | 0.47% |
| 2021-09-30 | 1.03% |
| 2021-06-30 | 1.28% |
| 2021-03-31 | 1.87% |
| 2020-12-31 | 1.43% |
| 2020-09-30 | 1.32% |
| 2020-06-30 | 1.16% |
| 2020-03-31 | 2.06% |
| 2019-12-31 | 0.84% |
| 2019-09-30 | 1.16% |
| 2019-06-30 | 1.18% |
| 2019-03-31 | 1.68% |
| 2018-12-31 | 1.26% |
| 2018-09-30 | 1.45% |
| 2018-06-30 | 1.17% |
| 2018-03-31 | 1.47% |
| 2017-12-31 | 1.36% |
| 2017-09-30 | 1.58% |
| 2017-06-30 | 1.19% |
| 2017-03-31 | 1.46% |
| 2016-12-31 | 1.81% |
| 2016-09-30 | 1.79% |
| 2016-06-30 | 1.95% |
| 2016-03-31 | 1.59% |
| 2015-12-31 | 1.92% |
| 2015-09-30 | 1.96% |
| 2015-06-30 | 1.96% |
| 2015-03-31 | 1.56% |
| 2014-12-31 | 1.66% |
| 2014-09-30 | 1.76% |
| 2014-06-30 | 1.56% |
| 2014-03-31 | 1.46% |
| 2013-12-31 | 1.41% |
| 2013-09-30 | 2.06% |
| 2013-06-30 | 2.01% |
| 2013-03-31 | 2.09% |
| 2012-12-31 | 1.56% |
| 2012-09-30 | 2.05% |
| 2012-06-30 | 1.88% |
| 2012-03-31 | 2.23% |
| 2011-12-31 | 1.60% |
| 2011-09-30 | 1.58% |
| 2011-06-30 | 1.57% |
| 2011-03-31 | 2.16% |
| 2010-12-31 | 1.09% |
| 2010-09-30 | 1.51% |
| 2010-06-30 | 1.73% |
| 2010-03-31 | 2.15% |
| 2009-12-31 | 1.80% |
| 2009-09-30 | 1.72% |
| 2009-06-30 | 1.72% |
| 2009-03-31 | 1.90% |
| 2008-12-31 | -0.20% |
| 2008-09-30 | 1.43% |
| 2008-06-30 | 1.39% |
| 2008-03-31 | 1.83% |
| 2007-12-31 | 1.06% |
| 2007-09-30 | 1.47% |
| 2007-06-30 | 1.45% |
| 2007-03-31 | 1.52% |
| 2006-12-31 | 1.38% |
| 2006-09-30 | 1.37% |
| 2006-06-30 | 1.15% |
| 2006-03-31 | 1.46% |
| 2005-12-31 | 1.29% |
| 2005-09-30 | 1.06% |
| 2005-06-30 | 1.24% |
| 2005-03-31 | 1.87% |
| 2004-12-31 | -4.65% |
| 2004-09-30 | 0.65% |
| 2004-06-30 | 1.36% |
| 2004-03-31 | 1.92% |
| 2003-12-31 | 0.09% |
| 2003-09-30 | 1.35% |
| 2003-06-30 | 1.52% |
| 2003-03-31 | 1.99% |
| 2002-12-31 | 1.41% |
| 2002-09-30 | 1.61% |
