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 15.93% is 40% below its 5-year average of 26.73%, around the middle of its 5-year range (1.53%–48.70%).
0.09% above its 12-month average of 15.92%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 2.49%.
OPERATING MARGIN
15.93%
OPERATING MARGIN AVG TTM
15.92%
OPERATING MARGIN AVG 3Y
23.76%
OPERATING MARGIN AVG 5Y
26.73%
OPERATING MARGIN AVG 10Y
27.80%
OPERATING MARGIN AVG 15Y
25.98%
OPERATING MARGIN AVG 20Y
22.94%
CURRENT VS TTM AVG
+0.09%
CURRENT VS 3Y AVG
-32.96%
CURRENT VS 5Y AVG
-40.41%
CURRENT VS 10Y AVG
-42.69%
CURRENT VS 15Y AVG
-38.68%
CURRENT VS 20Y AVG
-30.55%
SECTOR MEDIAN · FINANCIAL SERVICES
16.09%
median of 716 covered companies
CURRENT VS SECTOR MEDIAN
-0.99%
vs the sector median at left
Northwest Bancshares, Inc.
Market Cap
$2.18B
Operating Margin
15.93%
TTM Avg
15.92%
3Y Avg
23.76%
5Y Avg
26.73%
Market Cap
$2.16B
Operating Margin
27.68%
TTM Avg
29.75%
3Y Avg
35.32%
5Y Avg
34.62%
Market Cap
$2.22B
Operating Margin
18.81%
TTM Avg
18.81%
3Y Avg
18.81%
5Y Avg
18.81%
Market Cap
$2.25B
Operating Margin
15.52%
TTM Avg
8.64%
3Y Avg
12.84%
5Y Avg
15.04%
Market Cap
$2.26B
Operating Margin
14.68%
TTM Avg
14.31%
3Y Avg
12.19%
5Y Avg
6.11%
Market Cap
$2.27B
Operating Margin
34.05%
TTM Avg
30.19%
3Y Avg
32.18%
5Y Avg
33.85%
Market Cap
$2.09B
Operating Margin
37.73%
TTM Avg
23.66%
3Y Avg
20.43%
5Y Avg
26.08%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northwest Bancshares, Inc. (NWBI) | $2.18B | 15.93% | 15.92% | 23.76% | 26.73% |
| Enterprise Financial Services Corp (EFSC)vs › | $2.16B | 27.68% | 29.75% | 35.32% | 34.62% |
| WaFd, Inc. (WAFD)vs › | $2.21B | 23.63% | 19.20% | 27.25% | 29.28% |
| eToro Group Ltd. (ETOR)vs › | $2.21B | 3.75% | 2.06% | 0.59% | -1.21% |
| Ethos Technologies Inc. (LIFE)vs › | $2.22B | 18.81% | 18.81% | 18.81% | 18.81% |
| Brighthouse Financial, Inc. (BHFAP)vs › | $2.25B | 15.52% | 8.64% | 12.84% | 15.04% |
| Skyward Specialty Insurance Group, Inc. (SKWD)vs › | $2.26B | 14.68% | 14.31% | 12.19% | 6.11% |
| Stock Yards Bancorp, Inc. (SYBT)vs › | $2.27B | 34.05% | 30.19% | 32.18% | 33.85% |
| Encore Capital Group, Inc. (ECPG)vs › | $2.09B | 37.73% | 23.66% | 20.43% | 26.08% |
| Merchants Bancorp (MBIN)vs › | $2.28B | 21.15% | 24.27% | 31.54% | 42.14% |
Operating Margin
15.9%
Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
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 | 2.49% |
| 2026-03-31 | 28.47% |
| 2025-12-31 | 25.22% |
| 2025-09-30 | 1.53% |
| 2025-06-30 | 21.87% |
| 2025-03-31 | 27.09% |
| 2024-12-31 | 20.19% |
| 2024-09-30 | 21.91% |
| 2024-06-30 | 3.77% |
| 2024-03-31 | 20.09% |
| 2023-12-31 | 19.79% |
| 2023-09-30 | 27.86% |
| 2023-06-30 | 25.13% |
| 2023-03-31 | 27.75% |
| 2022-12-31 | 29.15% |
| 2022-09-30 | 33.97% |
| 2022-06-30 | 31.84% |
| 2022-03-31 | 29.51% |
| 2021-12-31 | 30.40% |
| 2021-09-30 | 34.28% |
| 2021-06-30 | 48.70% |
| 2021-03-31 | 37.20% |
| 2020-12-31 | 31.05% |
| 2020-09-30 | 31.26% |
| 2020-06-30 | -5.12% |
| 2020-03-31 | 7.00% |
| 2019-12-31 | 24.69% |
| 2019-09-30 | 32.66% |
| 2019-06-30 | 26.14% |
| 2019-03-31 | 26.10% |
| 2018-12-31 | 28.29% |
| 2018-09-30 | 29.55% |
| 2018-06-30 | 28.48% |
| 2018-03-31 | 28.81% |
| 2017-12-31 | 25.36% |
| 2017-09-30 | 31.51% |
| 2017-06-30 | 34.72% |
| 2017-03-31 | 23.84% |
| 2016-12-31 | 32.93% |
| 2016-09-30 | 18.00% |
| 2016-06-30 | -9.99% |
| 2016-03-31 | 25.05% |
| 2015-12-31 | 23.65% |
| 2015-09-30 | 18.37% |
| 2015-06-30 | 24.50% |
| 2015-03-31 | 25.34% |
| 2014-12-31 | 25.09% |
| 2014-09-30 | 24.67% |
| 2014-06-30 | 18.32% |
| 2014-03-31 | 20.96% |
| 2013-12-31 | 30.11% |
| 2013-09-30 | 24.82% |
| 2013-06-30 | 20.10% |
| 2013-03-31 | 22.64% |
| 2012-12-31 | 23.03% |
| 2012-09-30 | 22.40% |
| 2012-06-30 | 23.89% |
| 2012-03-31 | 21.51% |
| 2011-12-31 | 20.95% |
| 2011-09-30 | 22.52% |
| 2011-06-30 | 19.91% |
| 2011-03-31 | 23.47% |
| 2010-12-31 | 16.31% |
| 2010-09-30 | 19.92% |
| 2010-06-30 | 21.47% |
| 2010-03-31 | 15.10% |
| 2009-12-31 | -3.28% |
| 2009-09-30 | 15.20% |
| 2009-06-30 | 9.00% |
| 2009-03-31 | 17.01% |
| 2008-12-31 | 16.03% |
| 2008-09-30 | 11.44% |
| 2008-06-30 | 18.64% |
| 2008-03-31 | 15.12% |
| 2007-12-31 | 20.66% |
| 2007-09-30 | 10.33% |
| 2007-06-30 | 15.33% |
| 2007-03-31 | 14.46% |
| 2006-12-31 | 12.35% |
| 2006-09-30 | 17.01% |
| 2006-06-30 | 17.76% |
| 2006-03-31 | 21.79% |
| 2005-09-30 | 22.15% |
| 2005-06-30 | 21.49% |
| 2005-03-31 | 22.42% |
| 2004-12-31 | 21.33% |
| 2004-09-30 | 23.52% |
| 2004-06-30 | 21.91% |
| 2004-03-31 | 23.39% |
| 2003-12-31 | 21.21% |
| 2003-09-30 | 22.60% |
| 2003-06-30 | 17.32% |
| 2003-03-31 | 18.70% |
| 2002-12-31 | 19.05% |
| 2002-09-30 | 19.54% |
| 2002-06-30 | 18.20% |
