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 6.91% is 35% below its 5-year average of 10.68%, around the middle of its 5-year range (1.09%–19.99%).
As of the fiscal period ended Tuesday, March 31, 2026. 33.37% below its 12-month average of 10.37%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
6.91%
OPERATING MARGIN AVG TTM
10.37%
OPERATING MARGIN AVG 3Y
11.01%
OPERATING MARGIN AVG 5Y
10.69%
OPERATING MARGIN AVG 10Y
7.41%
OPERATING MARGIN AVG 15Y
14.32%
OPERATING MARGIN AVG 20Y
17.42%
CURRENT VS TTM AVG
-33.37%
CURRENT VS 3Y AVG
-37.26%
CURRENT VS 5Y AVG
-35.40%
CURRENT VS 10Y AVG
-6.84%
CURRENT VS 15Y AVG
-51.75%
CURRENT VS 20Y AVG
-60.34%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.61%
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
-34.89%
vs the sector median at left
MercadoLibre, Inc.
Market Cap
$95.21B
Operating Margin
6.91%
TTM Avg
10.37%
3Y Avg
11.01%
5Y Avg
10.69%
Market Cap
$98.31B
Operating Margin
16.02%
TTM Avg
15.41%
3Y Avg
15.95%
5Y Avg
12.87%
Market Cap
$85.37B
Operating Margin
27.32%
TTM Avg
26.14%
3Y Avg
16.08%
5Y Avg
-66.10%
Market Cap
$108.29B
Operating Margin
3.87%
TTM Avg
4.67%
3Y Avg
5.19%
5Y Avg
4.57%
Market Cap
$80.54B
Operating Margin
12.22%
TTM Avg
12.07%
3Y Avg
11.53%
5Y Avg
10.31%
Market Cap
$80.37B
Operating Margin
0.98%
TTM Avg
4.20%
3Y Avg
5.10%
5Y Avg
5.52%
Market Cap
$74.05B
Operating Margin
19.56%
TTM Avg
19.46%
3Y Avg
19.91%
5Y Avg
20.42%
Market Cap
$116.57B
Operating Margin
11.55%
TTM Avg
11.93%
3Y Avg
12.56%
5Y Avg
12.52%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MercadoLibre, Inc. (MELI) | $95.21B | 6.91% | 10.37% | 11.01% | 10.69% |
| Marriott International, Inc. (MAR)vs › | $98.31B | 16.02% | 15.41% | 15.95% | 12.87% |
| Airbnb, Inc. (ABNB)vs › | $89.93B | 20.49% | 21.89% | 20.13% | -3.09% |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $85.37B | 27.32% | 26.14% | 16.08% | -66.10% |
| BYD Company Limited (BYDDY)vs › | $108.29B | 3.87% | 4.67% | 5.19% | 4.57% |
| Ross Stores, Inc. (ROST)vs › | $80.54B | 12.22% | 12.07% | 11.53% | 10.31% |
| General Motors Company (GM)vs › | $80.37B | 0.98% | 4.20% | 5.10% | 5.52% |
| O'Reilly Automotive, Inc. (ORLY)vs › | $74.05B | 19.56% | 19.46% | 19.91% | 20.42% |
| Lowe's Companies, Inc. (LOW)vs › | $116.57B | 11.55% | 11.93% | 12.56% | 12.52% |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $72.13B | 23.35% | 21.79% | 22.30% | 16.16% |
Gross Margin
43.9%
Operating Margin
6.9%
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 |
|---|---|
| 2026-03-31 | 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% |
