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 55.95% is in line with its 5-year average of 56.83%, around the middle of its 5-year range (48.00%–61.55%).
2.09% below its 12-month average of 57.14%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
55.95%
OPERATING MARGIN AVG TTM
57.14%
OPERATING MARGIN AVG 3Y
56.33%
OPERATING MARGIN AVG 5Y
56.83%
OPERATING MARGIN AVG 10Y
53.44%
OPERATING MARGIN AVG 15Y
49.54%
OPERATING MARGIN AVG 20Y
45.45%
CURRENT VS TTM AVG
-2.09%
CURRENT VS 3Y AVG
-0.68%
CURRENT VS 5Y AVG
-1.55%
CURRENT VS 10Y AVG
+4.69%
CURRENT VS 15Y AVG
+12.95%
CURRENT VS 20Y AVG
+23.10%
SECTOR MEDIAN · CONSUMER DEFENSIVE
11.72%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+377.19%
vs the sector median at left
Altria Group, Inc.
Market Cap
$113.83B
Operating Margin
55.95%
TTM Avg
57.14%
3Y Avg
56.33%
5Y Avg
56.83%
Market Cap
$118.95B
Operating Margin
39.04%
TTM Avg
24.81%
3Y Avg
7.48%
5Y Avg
18.07%
Market Cap
$84.40B
Operating Margin
29.16%
TTM Avg
27.47%
3Y Avg
26.85%
5Y Avg
29.22%
Market Cap
$78.66B
Operating Margin
11.42%
TTM Avg
13.40%
3Y Avg
13.32%
5Y Avg
14.00%
Market Cap
$70.74B
Operating Margin
20.65%
TTM Avg
21.56%
3Y Avg
21.08%
5Y Avg
21.73%
Market Cap
$157.02B
Operating Margin
26.38%
TTM Avg
26.14%
3Y Avg
25.23%
5Y Avg
24.48%
Market Cap
$47.22B
Operating Margin
13.36%
TTM Avg
11.89%
3Y Avg
12.15%
5Y Avg
11.22%
Market Cap
$44.29B
Operating Margin
16.82%
TTM Avg
21.78%
3Y Avg
21.23%
5Y Avg
21.52%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Altria Group, Inc. (MO) | $113.83B | 55.95% | 57.14% | 56.33% | 56.83% |
| British American Tobacco p.l.c. (BTI)vs › | $118.95B | 39.04% | 24.81% | 7.48% | 18.07% |
| Monster Beverage Corporation (MNST)vs › | $84.40B | 29.16% | 27.47% | 26.85% | 29.22% |
| Mondelez International, Inc. (MDLZ)vs › | $78.66B | 11.42% | 13.40% | 13.32% | 14.00% |
| Target Corporation (TGT)vs › | $73.90B | 5.59% | 5.05% | 5.14% | 5.48% |
| Colgate-Palmolive Company (CL)vs › | $70.74B | 20.65% | 21.56% | 21.08% | 21.73% |
| Anheuser-Busch InBev SA/NV (BUD)vs › | $157.02B | 26.38% | 26.14% | 25.23% | 24.48% |
| Coca-Cola Europacific Partners PLC (CCEP)vs › | $47.22B | 13.36% | 11.89% | 12.15% | 11.22% |
| Keurig Dr Pepper Inc. (KDP)vs › | $44.29B | 16.82% | 21.78% | 21.23% | 21.52% |
| Archer-Daniels-Midland Company (ADM)vs › | $40.73B | 2.46% | 2.09% | 3.17% | 3.15% |
Gross Margin
71.0%
Operating Margin
56.0%
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 | 51.32% |
| 2026-03-31 | 54.46% |
| 2025-12-31 | 57.31% |
| 2025-09-30 | 61.55% |
| 2025-06-30 | 61.08% |
| 2025-03-31 | 58.88% |
| 2024-12-31 | 56.44% |
| 2024-09-30 | 58.98% |
| 2024-06-30 | 48.00% |
| 2024-03-31 | 56.69% |
| 2023-12-31 | 55.65% |
| 2023-09-30 | 58.54% |
| 2023-06-30 | 53.42% |
| 2023-03-31 | 57.88% |
| 2022-12-31 | 55.44% |
| 2022-09-30 | 57.50% |
| 2022-06-30 | 57.78% |
| 2022-03-31 | 59.85% |
| 2021-12-31 | 53.74% |
| 2021-09-30 | 53.35% |
| 2021-06-30 | 56.75% |
| 2021-03-31 | 55.12% |
| 2020-12-31 | 51.06% |
| 2020-09-30 | 55.65% |
| 2020-06-30 | 55.24% |
| 2020-03-31 | 46.29% |
| 2019-12-31 | 50.54% |
| 2019-09-30 | 54.40% |
| 2019-06-30 | 52.32% |
| 2019-03-31 | 50.99% |
| 2018-12-31 | 36.44% |
| 2018-09-30 | 48.32% |
| 2018-06-30 | 51.20% |
| 2018-03-31 | 49.59% |
| 2017-12-31 | 45.88% |
| 2017-09-30 | 50.54% |
| 2017-06-30 | 49.88% |
| 2017-03-31 | 48.79% |
| 2016-12-31 | 42.11% |
| 2016-09-30 | 45.87% |
| 2016-06-30 | 49.38% |
| 2016-03-31 | 43.64% |
| 2015-12-31 | 41.55% |
| 2015-09-30 | 46.34% |
| 2015-06-30 | 45.62% |
| 2015-03-31 | 43.66% |
| 2014-12-31 | 41.45% |
| 2014-09-30 | 42.06% |
| 2014-06-30 | 43.21% |
| 2014-03-31 | 43.26% |
| 2013-12-31 | 40.85% |
| 2013-09-30 | 44.79% |
| 2013-06-30 | 44.21% |
| 2013-03-31 | 54.17% |
| 2012-12-31 | 39.57% |
| 2012-09-30 | 44.09% |
| 2012-06-30 | 40.98% |
| 2012-03-31 | 41.11% |
| 2011-12-31 | 31.20% |
| 2011-09-30 | 43.39% |
| 2011-06-30 | 32.36% |
| 2011-03-31 | 39.03% |
| 2010-12-31 | 36.07% |
| 2010-09-30 | 39.81% |
| 2010-06-30 | 35.22% |
| 2010-03-31 | 36.19% |
| 2009-12-31 | 29.27% |
| 2009-09-30 | 32.28% |
| 2009-06-30 | 36.50% |
| 2009-03-31 | 31.24% |
| 2008-12-31 | 79.52% |
| 2008-09-30 | 25.37% |
| 2008-06-30 | 26.55% |
| 2008-03-31 | 33.66% |
| 2007-12-31 | 32.81% |
| 2007-09-30 | 37.18% |
| 2007-06-30 | 33.11% |
| 2007-03-31 | 32.08% |
| 2006-12-31 | 23.45% |
| 2006-09-30 | 35.65% |
| 2006-06-30 | 18.81% |
| 2006-03-31 | 18.86% |
| 2005-12-31 | 20.36% |
| 2005-09-30 | 24.93% |
| 2005-06-30 | 25.81% |
| 2005-03-31 | 25.37% |
| 2004-12-31 | 21.09% |
| 2004-09-30 | 26.08% |
| 2004-06-30 | 23.78% |
| 2004-03-31 | 24.10% |
| 2003-12-31 | 23.54% |
| 2003-09-30 | 27.60% |
| 2003-06-30 | 27.06% |
| 2003-03-31 | 26.68% |
| 2002-12-31 | 22.44% |
| 2002-09-30 | 29.91% |
