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 56.23% is in line with its 5-year average of 53.95%, near the high end of its 5-year range (49.91%–56.49%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.22% above its 12-month average of 55.55%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
56.23%
OPERATING MARGIN AVG TTM
55.55%
OPERATING MARGIN AVG 3Y
54.84%
OPERATING MARGIN AVG 5Y
53.95%
OPERATING MARGIN AVG 10Y
51.00%
OPERATING MARGIN AVG 15Y
46.16%
OPERATING MARGIN AVG 20Y
43.48%
CURRENT VS TTM AVG
+1.22%
CURRENT VS 3Y AVG
+2.52%
CURRENT VS 5Y AVG
+4.23%
CURRENT VS 10Y AVG
+10.26%
CURRENT VS 15Y AVG
+21.82%
CURRENT VS 20Y AVG
+29.31%
SECTOR MEDIAN · FINANCIAL SERVICES
22.96%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+144.90%
vs the sector median at left
Market Cap
$41.66B
Operating Margin
14.66%
TTM Avg
14.34%
3Y Avg
12.87%
5Y Avg
10.09%
Market Cap
$42.07B
Operating Margin
22.90%
TTM Avg
25.79%
3Y Avg
21.14%
5Y Avg
20.23%
Market Cap
$42.36B
Operating Margin
7.10%
TTM Avg
6.21%
3Y Avg
3.69%
5Y Avg
4.90%
Market Cap
$38.90B
Operating Margin
15.21%
TTM Avg
15.71%
3Y Avg
13.62%
5Y Avg
13.05%
Market Cap
$38.59B
Operating Margin
19.99%
TTM Avg
27.57%
3Y Avg
-8.73%
5Y Avg
6.06%
Market Cap
$44.83B
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$35.70B
Operating Margin
33.19%
TTM Avg
27.34%
3Y Avg
28.64%
5Y Avg
30.53%
Market Cap
$35.12B
Operating Margin
27.71%
TTM Avg
25.31%
3Y Avg
22.05%
5Y Avg
20.79%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MSCI Inc. (MSCI) | $41.60B | 56.23% | 55.55% | 54.84% | 53.95% |
| American International Group, Inc. (AIG)vs › | $41.66B | 14.66% | 14.34% | 12.87% | 10.09% |
| Ares Management Corporation (ARES)vs › | $42.07B | 22.90% | 25.79% | 21.14% | 20.23% |
| Prudential Financial, Inc. (PRU)vs › | $42.36B | 7.10% | 6.21% | 3.69% | 4.90% |
| The Hartford Insurance Group, Inc. (HIG)vs › | $38.90B | 15.21% | 15.71% | 13.62% | 13.05% |
| Coinbase Global, Inc. (COIN)vs › | $38.59B | 19.99% | 27.57% | -8.73% | 6.06% |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $44.83B | N/A | N/A | N/A | N/A |
| M&T Bank Corporation (MTB)vs › | $35.70B | 33.19% | 27.34% | 28.64% | 30.53% |
| Arch Capital Group Ltd. (ACGL)vs › | $35.12B | 27.71% | 25.31% | 22.05% | 20.79% |
| Huntington Bancshares Incorporated (HBAN)vs › | $34.54B | 20.36% | 20.81% | 24.63% | 23.87% |
Gross Margin
83.0%
Operating Margin
56.2%
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 | 56.23% |
| 2026-03-31 | 53.70% |
| 2025-12-31 | 56.37% |
| 2025-09-30 | 56.42% |
| 2025-06-30 | 55.03% |
| 2025-03-31 | 50.55% |
| 2024-12-31 | 54.50% |
| 2024-09-30 | 55.38% |
| 2024-06-30 | 54.04% |
| 2024-03-31 | 49.91% |
| 2023-12-31 | 53.72% |
| 2023-09-30 | 56.49% |
| 2023-06-30 | 55.69% |
| 2023-03-31 | 53.12% |
| 2022-12-31 | 53.58% |
| 2022-09-30 | 55.21% |
| 2022-06-30 | 54.44% |
| 2022-03-31 | 51.61% |
| 2021-12-31 | 51.03% |
| 2021-09-30 | 54.19% |
| 2021-06-30 | 51.69% |
| 2021-03-31 | 53.17% |
| 2020-12-31 | 52.76% |
| 2020-09-30 | 53.52% |
| 2020-06-30 | 52.53% |
| 2020-03-31 | 49.88% |
| 2019-12-31 | 49.05% |
| 2019-09-30 | 51.04% |
| 2019-06-30 | 49.90% |
| 2019-03-31 | 43.80% |
| 2018-12-31 | 46.95% |
| 2018-09-30 | 49.28% |
| 2018-06-30 | 47.79% |
| 2018-03-31 | 47.58% |
| 2017-12-31 | 45.99% |
| 2017-09-30 | 46.15% |
| 2017-06-30 | 46.18% |
| 2017-03-31 | 43.36% |
| 2016-12-31 | 43.04% |
| 2016-09-30 | 42.73% |
| 2016-06-30 | 43.25% |
| 2016-03-31 | 40.58% |
| 2015-12-31 | 39.41% |
| 2015-09-30 | 40.59% |
| 2015-06-30 | 36.41% |
| 2015-03-31 | 33.77% |
| 2014-12-31 | 33.89% |
| 2014-09-30 | 33.39% |
| 2014-06-30 | 34.82% |
| 2014-03-31 | 33.17% |
| 2013-12-31 | 34.14% |
| 2013-09-30 | 35.79% |
| 2013-06-30 | 37.68% |
| 2013-03-31 | 35.94% |
| 2012-12-31 | 38.57% |
| 2012-09-30 | 35.48% |
| 2012-06-30 | 36.52% |
| 2012-03-31 | 35.35% |
| 2011-12-31 | 36.10% |
| 2011-09-30 | 36.55% |
| 2011-06-30 | 36.51% |
| 2011-03-31 | 33.78% |
| 2010-11-30 | 33.15% |
| 2010-08-31 | 20.45% |
| 2010-05-31 | 37.31% |
| 2010-02-28 | 38.84% |
| 2009-11-30 | 36.83% |
| 2009-08-31 | 34.72% |
| 2009-05-31 | 33.51% |
| 2009-02-28 | 30.95% |
| 2008-11-30 | 28.12% |
| 2008-08-31 | 33.98% |
| 2008-05-31 | 30.91% |
| 2008-02-29 | 33.05% |
| 2007-11-30 | 39.61% |
| 2007-08-31 | 35.55% |
| 2007-05-31 | 31.98% |
| 2007-02-28 | 100.00% |
| 2006-11-30 | -192.76% |
| 2006-08-31 | 100.00% |
| 2006-05-31 | 100.00% |
| 2006-02-28 | 100.00% |
| 2005-11-30 | -194.25% |
| 2005-08-31 | 100.00% |
| 2005-05-31 | 100.00% |
| 2005-02-28 | 100.00% |