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 13.78% is 28% above its 5-year average of 10.73%, near the high end of its 5-year range (-92.86%–15.70%).
2.33% above its 12-month average of 13.47%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 14.04%.
OPERATING MARGIN
13.78%
OPERATING MARGIN AVG TTM
13.47%
OPERATING MARGIN AVG 3Y
11.08%
OPERATING MARGIN AVG 5Y
10.73%
OPERATING MARGIN AVG 10Y
N/A
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+2.33%
CURRENT VS 3Y AVG
+24.40%
CURRENT VS 5Y AVG
+28.46%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
11.23%
median of 104 covered companies
CURRENT VS SECTOR MEDIAN
+22.76%
vs the sector median at left
On Holding AG
Market Cap
$10.28B
Operating Margin
13.78%
TTM Avg
13.47%
3Y Avg
11.08%
5Y Avg
10.73%
Market Cap
$9.85B
Operating Margin
19.54%
TTM Avg
18.99%
3Y Avg
18.30%
5Y Avg
18.13%
Market Cap
$10.73B
Operating Margin
17.76%
TTM Avg
21.79%
3Y Avg
21.92%
5Y Avg
20.69%
Market Cap
$10.77B
Operating Margin
22.67%
TTM Avg
23.36%
3Y Avg
21.59%
5Y Avg
20.68%
Market Cap
$9.22B
Operating Margin
-2.93%
TTM Avg
-6.51%
3Y Avg
-25.51%
5Y Avg
-59.96%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| On Holding AG (ONON) | $10.28B | 13.78% | 13.47% | 11.08% | 10.73% |
| Domino's Pizza, Inc. (DPZ)vs › | $9.85B | 19.54% | 18.99% | 18.30% | 18.13% |
| Lululemon Athletica Inc. (LULU)vs › | $10.73B | 17.76% | 21.79% | 21.92% | 20.69% |
| Deckers Outdoor Corporation (DECK)vs › | $10.77B | 22.67% | 23.36% | 21.59% | 20.68% |
| Li Auto Inc. (LI)vs › | $10.80B | -6.72% | 1.97% | 0.41% | -1.48% |
| Murphy USA Inc. (MUSA)vs › | $9.51B | 4.38% | 3.74% | 3.86% | 3.98% |
| GameStop Corp. (GME)vs › | $11.08B | 13.79% | 3.59% | 0.32% | -1.59% |
| DraftKings Inc. (DKNG)vs › | $9.22B | -2.93% | -6.51% | -25.51% | -59.96% |
| Aptiv PLC (APTV)vs › | $9.21B | 5.47% | 8.13% | 8.06% | 7.80% |
| DICK'S Sporting Goods, Inc. (DKS)vs › | $11.63B | 6.80% | 9.34% | 9.52% | 10.78% |
Gross Margin
64.8%
Operating Margin
13.8%
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 | 14.04% |
| 2026-03-31 | 14.11% |
| 2025-12-31 | 11.09% |
| 2025-09-30 | 15.70% |
| 2025-06-30 | 12.39% |
| 2025-03-31 | 10.60% |
| 2024-12-31 | 8.75% |
| 2024-09-30 | 11.42% |
| 2024-06-30 | 8.33% |
| 2024-03-31 | 7.58% |
| 2023-12-31 | 9.10% |
| 2023-09-30 | 12.03% |
| 2023-06-30 | 8.87% |
| 2023-03-31 | 10.07% |
| 2022-12-31 | 4.01% |
| 2022-09-30 | 12.41% |
| 2022-06-30 | 9.02% |
| 2022-03-31 | 1.43% |
| 2021-12-31 | -92.86% |
| 2021-09-30 | 10.95% |
| 2021-06-30 | 13.36% |
| 2021-03-31 | -7.76% |
| 2020-12-31 | -1.44% |
| 2020-09-30 | 10.77% |
| 2020-06-30 | -17.15% |
| 2020-03-31 | -17.15% |