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 16.49% is in line with its 5-year average of 16.09%, near the high end of its 5-year range (-169.09%–24.80%).
4.36% above its 12-month average of 15.80%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 20.11%.
OPERATING MARGIN
16.49%
OPERATING MARGIN AVG TTM
15.80%
OPERATING MARGIN AVG 3Y
13.88%
OPERATING MARGIN AVG 5Y
16.09%
OPERATING MARGIN AVG 10Y
17.08%
OPERATING MARGIN AVG 15Y
16.31%
OPERATING MARGIN AVG 20Y
15.92%
CURRENT VS TTM AVG
+4.36%
CURRENT VS 3Y AVG
+18.81%
CURRENT VS 5Y AVG
+2.46%
CURRENT VS 10Y AVG
-3.44%
CURRENT VS 15Y AVG
+1.10%
CURRENT VS 20Y AVG
+3.61%
SECTOR MEDIAN · TECHNOLOGY
14.00%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+17.79%
vs the sector median at left
Market Cap
$17.18B
Operating Margin
13.03%
TTM Avg
11.82%
3Y Avg
10.16%
5Y Avg
10.41%
Market Cap
$17.52B
Operating Margin
16.09%
TTM Avg
14.87%
3Y Avg
12.34%
5Y Avg
13.57%
Market Cap
$16.99B
Operating Margin
35.78%
TTM Avg
30.73%
3Y Avg
34.76%
5Y Avg
35.99%
Market Cap
$16.96B
Operating Margin
-487.41%
TTM Avg
-513.54%
3Y Avg
-628.28%
5Y Avg
-726.04%
Market Cap
$16.88B
Operating Margin
18.23%
TTM Avg
18.27%
3Y Avg
18.13%
5Y Avg
17.06%
Market Cap
$18.05B
Operating Margin
16.38%
TTM Avg
16.67%
3Y Avg
18.42%
5Y Avg
16.86%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MKS Inc. (MKSI) | $17.33B | 16.49% | 15.80% | 13.88% | 16.09% |
| Toast, Inc. (TOST)vs › | $17.44B | 6.39% | 2.64% | -4.05% | -9.38% |
| Dynatrace, Inc. (DT)vs › | $17.18B | 13.03% | 11.82% | 10.16% | 10.41% |
| Zebra Technologies Corporation (ZBRA)vs › | $17.52B | 16.09% | 14.87% | 12.34% | 13.57% |
| BE Semiconductor Industries N.V. (BESIY)vs › | $16.99B | 35.78% | 30.73% | 34.76% | 35.99% |
| IonQ, Inc. (IONQ)vs › | $16.96B | -487.41% | -513.54% | -628.28% | -726.04% |
| Fortive Corporation (FTV)vs › | $16.88B | 18.23% | 18.27% | 18.13% | 17.06% |
| Fidelity National Information Services, Inc. (FIS)vs › | $18.05B | 16.38% | 16.67% | 18.42% | 16.86% |
| CDW Corporation (CDW)vs › | $18.10B | 7.15% | 7.62% | 7.60% | 7.27% |
| IREN Limited (IREN)vs › | $16.53B | -148.05% | -71.82% | -55.63% | -37.62% |
Gross Margin
44.1%
Operating Margin
16.5%
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 | 20.11% |
| 2026-03-31 | 16.05% |
| 2025-12-31 | 15.00% |
| 2025-09-30 | 13.97% |
| 2025-06-30 | 13.87% |
| 2025-03-31 | 11.86% |
| 2024-12-31 | 14.56% |
| 2024-09-30 | 14.29% |
| 2024-06-30 | 14.32% |
| 2024-03-31 | 12.21% |
| 2023-12-31 | 2.69% |
| 2023-09-30 | 12.66% |
| 2023-06-30 | -169.09% |
| 2023-03-31 | 0.13% |
| 2022-12-31 | 15.01% |
| 2022-09-30 | 12.37% |
| 2022-06-30 | 21.44% |
| 2022-03-31 | 23.18% |
| 2021-12-31 | 23.80% |
| 2021-09-30 | 23.58% |
| 2021-06-30 | 24.80% |
| 2021-03-31 | 22.48% |
| 2020-12-31 | 22.22% |
| 2020-09-30 | 19.74% |
| 2020-06-30 | 18.52% |
| 2020-03-31 | 16.78% |
| 2019-12-31 | 13.22% |
| 2019-09-30 | 14.44% |
| 2019-06-30 | 13.48% |
| 2019-03-31 | 4.98% |
| 2018-12-31 | 20.43% |
| 2018-09-30 | 24.03% |
| 2018-06-30 | 26.40% |
| 2018-03-31 | 23.75% |
| 2017-12-31 | 23.45% |
| 2017-09-30 | 22.65% |
| 2017-06-30 | 19.32% |
| 2017-03-31 | 19.12% |
| 2016-12-31 | 15.43% |
| 2016-09-30 | 13.93% |
| 2016-06-30 | 5.89% |
| 2016-03-31 | 12.28% |
| 2015-12-31 | 12.88% |
| 2015-09-30 | 19.76% |
| 2015-06-30 | 21.12% |
| 2015-03-31 | 21.98% |
| 2014-12-31 | 18.99% |
| 2014-09-30 | 15.07% |
| 2014-06-30 | 16.60% |
| 2014-03-31 | 18.31% |
| 2013-12-31 | 15.14% |
| 2013-09-30 | 7.41% |
| 2013-06-30 | 6.64% |
| 2013-03-31 | 3.30% |
| 2012-12-31 | 4.94% |
| 2012-09-30 | 4.52% |
| 2012-06-30 | 15.70% |
| 2012-03-31 | 17.48% |
| 2011-12-31 | 17.48% |
| 2011-09-30 | 21.14% |
| 2011-06-30 | 25.53% |
| 2011-03-31 | 24.37% |
| 2010-12-31 | 22.10% |
| 2010-09-30 | 24.82% |
| 2010-06-30 | 22.64% |
| 2010-03-31 | 21.53% |
| 2009-12-31 | 13.67% |
| 2009-09-30 | 2.56% |
| 2009-06-30 | -196.51% |
| 2009-03-31 | -52.93% |
| 2008-12-31 | -10.55% |
| 2008-09-30 | 5.08% |
| 2008-06-30 | 7.55% |
| 2008-03-31 | 14.39% |
| 2007-12-31 | 11.08% |
| 2007-09-30 | 12.74% |
| 2007-06-30 | 13.55% |
| 2007-03-31 | 16.97% |
| 2006-12-31 | 15.31% |
| 2006-09-30 | 17.33% |
| 2006-06-30 | 17.37% |
| 2006-03-31 | 12.21% |
| 2005-12-31 | 11.49% |
| 2005-09-30 | 6.96% |
| 2005-06-30 | 7.96% |
| 2005-03-31 | 5.35% |
| 2004-12-31 | 6.98% |
| 2004-09-30 | 10.56% |
| 2004-06-30 | 13.47% |
| 2004-03-31 | 11.74% |
| 2003-12-31 | 2.40% |
| 2003-09-30 | -6.55% |
| 2003-06-30 | -6.64% |
| 2003-03-31 | -10.20% |
| 2002-12-31 | -13.95% |
| 2002-09-30 | -8.10% |
