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 51.36% is 90% above its 5-year average of 27.03%, near the high end of its 5-year range (-19.79%–60.63%).
7.59% above its 12-month average of 47.74%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
51.36%
OPERATING MARGIN AVG TTM
47.74%
OPERATING MARGIN AVG 3Y
35.33%
OPERATING MARGIN AVG 5Y
27.03%
OPERATING MARGIN AVG 10Y
22.63%
OPERATING MARGIN AVG 15Y
22.47%
OPERATING MARGIN AVG 20Y
25.15%
CURRENT VS TTM AVG
+7.59%
CURRENT VS 3Y AVG
+45.39%
CURRENT VS 5Y AVG
+90.02%
CURRENT VS 10Y AVG
+126.95%
CURRENT VS 15Y AVG
+128.58%
CURRENT VS 20Y AVG
+104.19%
SECTOR MEDIAN · BASIC MATERIALS
16.68%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+207.82%
vs the sector median at left
Newmont Corporation
Market Cap
$134.97B
Operating Margin
51.36%
TTM Avg
47.74%
3Y Avg
35.33%
5Y Avg
27.03%
Market Cap
$104.54B
Operating Margin
26.70%
TTM Avg
25.70%
3Y Avg
27.64%
5Y Avg
26.53%
Market Cap
$165.83B
Operating Margin
56.90%
TTM Avg
50.38%
3Y Avg
46.81%
5Y Avg
46.97%
Market Cap
$167.82B
Operating Margin
25.85%
TTM Avg
27.51%
3Y Avg
29.58%
5Y Avg
33.84%
Market Cap
$87.80B
Operating Margin
13.90%
TTM Avg
11.27%
3Y Avg
10.80%
5Y Avg
10.46%
Market Cap
$81.01B
Operating Margin
16.36%
TTM Avg
16.21%
3Y Avg
15.41%
5Y Avg
15.09%
Market Cap
$74.98B
Operating Margin
52.36%
TTM Avg
41.12%
3Y Avg
33.81%
5Y Avg
34.92%
Market Cap
$70.38B
Operating Margin
72.80%
TTM Avg
58.56%
3Y Avg
53.73%
5Y Avg
54.19%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Newmont Corporation (NEM) | $134.97B | 51.36% | 47.74% | 35.33% | 27.03% |
| Freeport-McMoRan Inc. (FCX)vs › | $104.54B | 26.70% | 25.70% | 27.64% | 26.53% |
| Southern Copper Corporation (SCCO)vs › | $165.83B | 56.90% | 50.38% | 46.81% | 46.97% |
| Rio Tinto Group (RIO)vs › | $167.82B | 25.85% | 27.51% | 29.58% | 33.84% |
| Johnson Controls International plc (JCI)vs › | $87.80B | 13.90% | 11.27% | 10.80% | 10.46% |
| The Sherwin-Williams Company (SHW)vs › | $81.01B | 16.36% | 16.21% | 15.41% | 15.09% |
| Ecolab Inc. (ECL)vs › | $78.60B | 17.37% | 17.36% | 15.04% | 14.65% |
| Barrick Mining Corporation (B)vs › | $74.98B | 52.36% | 41.12% | 33.81% | 34.92% |
| Wheaton Precious Metals Corp. (WPM)vs › | $70.38B | 72.80% | 58.56% | 53.73% | 54.19% |
| Air Products and Chemicals, Inc. (APD)vs › | $67.09B | -4.71% | 14.81% | 16.96% | 19.20% |
Gross Margin
54.5%
Operating Margin
51.4%
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 | 31.85% |
| 2026-03-31 | 60.63% |
| 2025-12-31 | 56.13% |
| 2025-09-30 | 45.71% |
| 2025-06-30 | 44.38% |
| 2025-03-31 | 38.29% |
| 2024-12-31 | 40.86% |
| 2024-09-30 | 27.93% |
| 2024-06-30 | 28.60% |
| 2024-03-31 | 23.27% |
| 2023-12-31 | -11.99% |
| 2023-09-30 | 10.63% |
| 2023-06-30 | 15.64% |
| 2023-03-31 | 18.40% |
| 2022-12-31 | -5.11% |
| 2022-09-30 | 12.91% |
| 2022-06-30 | 20.93% |
| 2022-03-31 | 26.04% |
| 2021-12-31 | -19.79% |
| 2021-09-30 | 23.33% |
| 2021-06-30 | 32.15% |
| 2021-03-31 | 31.74% |
| 2020-12-31 | 29.11% |
| 2020-09-30 | 30.73% |
| 2020-06-30 | 18.77% |
| 2020-03-31 | 19.39% |
| 2019-12-31 | 18.76% |
| 2019-09-30 | 18.01% |
| 2019-06-30 | 5.90% |
| 2019-03-31 | 19.28% |
| 2018-12-31 | 17.79% |
| 2018-09-30 | 15.04% |
| 2018-06-30 | 13.79% |
| 2018-03-31 | 17.81% |
| 2017-12-31 | 15.45% |
| 2017-09-30 | 16.46% |
| 2017-06-30 | 19.41% |
| 2017-03-31 | 15.73% |
| 2016-12-31 | 10.03% |
| 2016-09-30 | 16.32% |
| 2016-06-30 | 24.24% |
| 2016-03-31 | 24.06% |
| 2015-12-31 | -2.53% |
| 2015-09-30 | 15.69% |
| 2015-06-30 | 22.48% |
| 2015-03-31 | 25.96% |
| 2014-12-31 | 16.06% |
| 2014-09-30 | 4.07% |
| 2014-06-30 | 12.18% |
| 2014-03-31 | 11.96% |
| 2013-12-31 | 5.58% |
| 2013-09-30 | 20.02% |
| 2013-06-30 | -15.25% |
| 2013-03-31 | 29.77% |
| 2012-12-31 | 36.79% |
| 2012-09-30 | 31.45% |
| 2012-06-30 | 32.21% |
| 2012-03-31 | 43.79% |
| 2011-12-31 | 38.26% |
| 2011-09-30 | 42.93% |
| 2011-06-30 | 37.96% |
| 2011-03-31 | 41.42% |
| 2010-12-31 | 49.76% |
| 2010-09-30 | 47.21% |
| 2010-06-30 | 38.88% |
| 2010-03-31 | 40.45% |
| 2009-12-31 | 46.86% |
| 2009-09-30 | 43.39% |
| 2009-06-30 | 29.53% |
| 2009-03-31 | 26.42% |
| 2008-12-31 | -7.30% |
| 2008-09-30 | 17.24% |
| 2008-06-30 | 29.17% |
| 2008-03-31 | 44.88% |
| 2007-12-31 | 21.18% |
| 2007-09-30 | 37.61% |
| 2007-06-30 | 19.43% |
| 2007-03-31 | 11.39% |
| 2006-12-31 | 32.47% |
| 2006-09-30 | 21.05% |
| 2006-06-30 | 31.37% |
| 2006-03-31 | 30.40% |
| 2005-12-31 | 23.15% |
| 2005-09-30 | 26.72% |
| 2005-06-30 | 20.28% |
| 2005-03-31 | 17.38% |
| 2004-12-31 | 30.81% |
| 2004-09-30 | 28.87% |
| 2004-06-30 | 18.95% |
| 2004-03-31 | 27.22% |
| 2003-12-31 | 25.89% |
| 2003-09-30 | 24.87% |
| 2003-06-30 | 14.75% |
| 2003-03-31 | 32.32% |
| 2002-12-31 | 17.42% |
| 2002-09-30 | 7.86% |
