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 8.26% is 23% below its 5-year average of 10.70%, around the middle of its 5-year range (1.09%–19.99%).
9.62% below its 12-month average of 9.14%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 6.72%.
OPERATING MARGIN
8.26%
OPERATING MARGIN AVG TTM
9.14%
OPERATING MARGIN AVG 3Y
11.11%
OPERATING MARGIN AVG 5Y
10.70%
OPERATING MARGIN AVG 10Y
7.11%
OPERATING MARGIN AVG 15Y
13.91%
OPERATING MARGIN AVG 20Y
17.28%
CURRENT VS TTM AVG
-9.62%
CURRENT VS 3Y AVG
-25.68%
CURRENT VS 5Y AVG
-22.80%
CURRENT VS 10Y AVG
+16.22%
CURRENT VS 15Y AVG
-40.63%
CURRENT VS 20Y AVG
-52.20%
SECTOR MEDIAN · CONSUMER CYCLICAL
11.23%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-26.41%
vs the sector median at left
MercadoLibre, Inc.
Market Cap
$92.72B
Operating Margin
8.26%
TTM Avg
9.14%
3Y Avg
11.11%
5Y Avg
10.70%
Market Cap
$91.58B
Operating Margin
4.05%
TTM Avg
4.67%
3Y Avg
5.19%
5Y Avg
4.57%
Market Cap
$87.94B
Operating Margin
15.80%
TTM Avg
15.41%
3Y Avg
15.95%
5Y Avg
12.87%
Market Cap
$77.21B
Operating Margin
0.98%
TTM Avg
4.20%
3Y Avg
5.10%
5Y Avg
5.52%
Market Cap
$109.09B
Operating Margin
11.38%
TTM Avg
12.14%
3Y Avg
12.03%
5Y Avg
11.91%
Market Cap
$110.10B
Operating Margin
9.43%
TTM Avg
12.29%
3Y Avg
13.81%
5Y Avg
13.10%
Market Cap
$111.14B
Operating Margin
21.87%
TTM Avg
24.55%
3Y Avg
24.02%
5Y Avg
14.61%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MercadoLibre, Inc. (MELI) | $92.72B | 8.26% | 9.14% | 11.11% | 10.70% |
| BYD Company Limited (BYDDY)vs › | $91.58B | 4.05% | 4.67% | 5.19% | 4.57% |
| Marriott International, Inc. (MAR)vs › | $87.94B | 15.80% | 15.41% | 15.95% | 12.87% |
| Airbnb, Inc. (ABNB)vs › | $99.90B | 20.95% | 22.10% | 20.24% | -3.02% |
| General Motors Company (GM)vs › | $77.21B | 0.98% | 4.20% | 5.10% | 5.52% |
| Lowe's Companies, Inc. (LOW)vs › | $109.09B | 11.38% | 12.14% | 12.03% | 11.91% |
| Starbucks Corporation (SBUX)vs › | $110.10B | 9.43% | 12.29% | 13.81% | 13.10% |
| PDD Holdings Inc. (PDD)vs › | $111.14B | 21.87% | 24.55% | 24.02% | 14.61% |
| Carvana Co. (CVNA)vs › | $73.37B | 8.93% | 8.29% | 1.23% | -0.31% |
| Ross Stores, Inc. (ROST)vs › | $72.58B | 13.75% | 12.07% | 11.53% | 10.31% |
Gross Margin
42.7%
Operating Margin
8.3%
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 | 6.72% |
| 2026-03-31 | 6.91% |
| 2025-12-31 | 10.15% |
| 2025-09-30 | 9.77% |
| 2025-06-30 | 12.15% |
| 2025-03-31 | 12.86% |
| 2024-12-31 | 13.53% |
| 2024-09-30 | 10.49% |
| 2024-06-30 | 14.31% |
| 2024-03-31 | 12.19% |
| 2023-12-31 | 5.63% |
| 2023-09-30 | 19.99% |
| 2023-06-30 | 18.66% |
| 2023-03-31 | 13.12% |
| 2022-12-31 | 11.63% |
| 2022-09-30 | 11.00% |
| 2022-06-30 | 9.63% |
| 2022-03-31 | 6.18% |
| 2021-12-31 | 1.09% |
| 2021-09-30 | 8.61% |
| 2021-06-30 | 9.75% |
| 2021-03-31 | 6.60% |
| 2020-12-31 | -1.89% |
| 2020-09-30 | 7.45% |
| 2020-06-30 | 11.32% |
| 2020-03-31 | -4.55% |
| 2019-12-31 | -10.22% |
| 2019-09-30 | -13.59% |
| 2019-06-30 | -2.29% |
| 2019-03-31 | 2.14% |
| 2018-12-31 | -0.19% |
| 2018-09-30 | -3.10% |
| 2018-06-30 | -8.42% |
| 2018-03-31 | -9.17% |
| 2017-12-31 | -14.79% |
| 2017-09-30 | 9.03% |
| 2017-06-30 | 10.58% |
| 2017-03-31 | 23.48% |
| 2016-12-31 | 25.24% |
| 2016-09-30 | 23.27% |
| 2016-06-30 | 16.12% |
| 2016-03-31 | 19.34% |
| 2015-12-31 | 18.64% |
| 2015-09-30 | 26.85% |
| 2015-06-30 | 22.45% |
| 2015-03-31 | 17.28% |
| 2014-12-31 | 28.03% |
| 2014-09-30 | 31.87% |
| 2014-06-30 | -4.48% |
| 2014-03-31 | 29.47% |
| 2013-12-31 | 38.71% |
| 2013-09-30 | 30.39% |
| 2013-06-30 | 31.60% |
| 2013-03-31 | 27.81% |
| 2012-12-31 | 37.71% |
| 2012-09-30 | 34.66% |
| 2012-06-30 | 35.89% |
| 2012-03-31 | 29.77% |
| 2011-12-31 | 33.50% |
| 2011-09-30 | 36.71% |
| 2011-06-30 | 31.06% |
| 2011-03-31 | 31.39% |
| 2010-12-31 | 33.65% |
| 2010-09-30 | 34.51% |
| 2010-06-30 | 35.83% |
| 2010-03-31 | 33.75% |
| 2009-12-31 | 36.46% |
| 2009-09-30 | 37.52% |
| 2009-06-30 | 30.35% |
| 2009-03-31 | 20.94% |
| 2008-12-31 | 33.36% |
| 2008-09-30 | 29.00% |
| 2008-06-30 | 23.64% |
| 2008-03-31 | 22.68% |
| 2007-12-31 | 27.13% |
| 2007-09-30 | 26.26% |
| 2007-06-30 | 24.94% |
| 2007-03-31 | 17.73% |
| 2006-12-31 | -240.84% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | -288.50% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
