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 9.81% is 23% below its 5-year average of 12.72%, near the low end of its 5-year range (8.83%–17.10%).
2.18% below its 12-month average of 10.03%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
9.81%
OPERATING MARGIN AVG TTM
10.03%
OPERATING MARGIN AVG 3Y
13.09%
OPERATING MARGIN AVG 5Y
12.72%
OPERATING MARGIN AVG 10Y
11.14%
OPERATING MARGIN AVG 15Y
10.84%
OPERATING MARGIN AVG 20Y
11.31%
CURRENT VS TTM AVG
-2.18%
CURRENT VS 3Y AVG
-25.05%
CURRENT VS 5Y AVG
-22.86%
CURRENT VS 10Y AVG
-11.92%
CURRENT VS 15Y AVG
-9.52%
CURRENT VS 20Y AVG
-13.27%
SECTOR MEDIAN · INDUSTRIALS
11.95%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-17.87%
vs the sector median at left
Market Cap
$64.52B
Operating Margin
46.19%
TTM Avg
45.81%
3Y Avg
44.20%
5Y Avg
41.06%
Market Cap
$65.97B
Operating Margin
14.09%
TTM Avg
18.38%
3Y Avg
18.34%
5Y Avg
18.14%
Market Cap
$63.45B
Operating Margin
24.79%
TTM Avg
25.59%
3Y Avg
26.46%
5Y Avg
25.20%
Market Cap
$68.21B
Operating Margin
20.00%
TTM Avg
20.06%
3Y Avg
19.25%
5Y Avg
18.72%
Market Cap
$60.39B
Operating Margin
14.57%
TTM Avg
15.18%
3Y Avg
15.12%
5Y Avg
13.50%
Market Cap
$58.00B
Operating Margin
16.46%
TTM Avg
12.54%
3Y Avg
9.81%
5Y Avg
8.67%
Market Cap
$56.69B
Operating Margin
20.29%
TTM Avg
20.10%
3Y Avg
20.46%
5Y Avg
20.38%
Market Cap
$73.46B
Operating Margin
10.18%
TTM Avg
10.43%
3Y Avg
9.29%
5Y Avg
10.67%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PACCAR Inc (PCAR) | $64.81B | 9.81% | 10.03% | 13.09% | 12.72% |
| TransDigm Group Incorporated (TDG)vs › | $64.52B | 46.19% | 45.81% | 44.20% | 41.06% |
| Honeywell International Inc. (HON)vs › | $65.97B | 14.09% | 18.38% | 18.34% | 18.14% |
| United Rentals, Inc. (URI)vs › | $63.45B | 24.79% | 25.59% | 26.46% | 25.20% |
| Republic Services, Inc. (RSG)vs › | $68.21B | 20.00% | 20.06% | 19.25% | 18.72% |
| W.W. Grainger, Inc. (GWW)vs › | $60.39B | 14.57% | 15.18% | 15.12% | 13.50% |
| Comfort Systems USA, Inc. (FIX)vs › | $58.00B | 16.46% | 12.54% | 9.81% | 8.67% |
| Fastenal Company (FAST)vs › | $56.69B | 20.29% | 20.10% | 20.46% | 20.38% |
| Northrop Grumman Corporation (NOC)vs › | $73.46B | 10.18% | 10.43% | 9.29% | 10.67% |
| Norfolk Southern Corporation (NSC)vs › | $73.89B | 31.63% | 31.98% | 31.05% | 33.01% |
Gross Margin
14.9%
Operating Margin
9.8%
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 | 11.65% |
| 2026-03-31 | 8.97% |
| 2025-12-31 | 8.83% |
| 2025-09-30 | 9.53% |
| 2025-06-30 | 11.16% |
| 2025-03-31 | 11.89% |
| 2024-12-31 | 12.72% |
| 2024-09-30 | 13.63% |
| 2024-06-30 | 15.29% |
| 2024-03-31 | 16.26% |
| 2023-12-31 | 16.72% |
| 2023-09-30 | 16.73% |
| 2023-06-30 | 16.76% |
| 2023-03-31 | 17.10% |
| 2022-12-31 | 13.77% |
| 2022-09-30 | 13.08% |
| 2022-06-30 | 12.49% |
| 2022-03-31 | 11.46% |
| 2021-12-31 | 9.21% |
| 2021-09-30 | 9.22% |
| 2021-06-30 | 10.58% |
| 2021-03-31 | 10.10% |
| 2020-12-31 | 9.12% |
| 2020-09-30 | 9.53% |
| 2020-06-30 | 5.08% |
| 2020-03-31 | 8.39% |
| 2019-12-31 | 10.75% |
| 2019-09-30 | 11.70% |
| 2019-06-30 | 11.81% |
| 2019-03-31 | 12.17% |
| 2018-12-31 | 11.37% |
| 2018-09-30 | 11.20% |
| 2018-06-30 | 11.86% |
| 2018-03-31 | 11.33% |
| 2017-12-31 | 10.95% |
| 2017-09-30 | 11.13% |
| 2017-06-30 | 11.02% |
| 2017-03-31 | 10.05% |
| 2016-12-31 | 10.30% |
| 2016-09-30 | 11.48% |
| 2016-06-30 | 12.07% |
| 2016-03-31 | 11.80% |
| 2015-12-31 | 11.37% |
| 2015-09-30 | 12.86% |
| 2015-06-30 | 12.76% |
| 2015-03-31 | 11.61% |
| 2014-12-31 | 11.21% |
| 2014-09-30 | 11.16% |
| 2014-06-30 | 10.39% |
| 2014-03-31 | 9.18% |
| 2013-12-31 | 10.42% |
| 2013-09-30 | 10.14% |
| 2013-06-30 | 9.87% |
| 2013-03-31 | 8.47% |
| 2012-12-31 | 13.12% |
| 2012-09-30 | 8.85% |
| 2012-06-30 | 9.86% |
| 2012-03-31 | 9.80% |
| 2011-12-31 | 8.46% |
| 2011-09-30 | 7.85% |
| 2011-06-30 | 7.34% |
| 2011-03-31 | 7.14% |
| 2010-12-31 | 6.00% |
| 2010-09-30 | 5.01% |
| 2010-06-30 | 4.14% |
| 2010-03-31 | 2.02% |
| 2009-12-31 | 1.49% |
| 2009-09-30 | -3.01% |
| 2009-06-30 | -3.54% |
| 2009-03-31 | 0.16% |
| 2008-12-31 | 15.40% |
| 2008-09-30 | 8.73% |
| 2008-06-30 | 8.81% |
| 2008-03-31 | 15.33% |
| 2007-12-31 | 15.88% |
| 2007-09-30 | 16.01% |
| 2007-06-30 | 15.82% |
| 2007-03-31 | 12.38% |
| 2006-12-31 | 2.68% |
| 2006-09-30 | 16.60% |
| 2006-06-30 | 16.04% |
| 2006-03-31 | 15.93% |
| 2005-12-31 | 15.34% |
| 2005-09-30 | 15.81% |
| 2005-06-30 | 15.27% |
| 2005-03-31 | 12.18% |
| 2004-12-31 | 14.62% |
| 2004-09-30 | 14.37% |
| 2004-06-30 | 14.91% |
| 2004-03-31 | 13.52% |
| 2003-12-31 | 13.38% |
| 2003-09-30 | 12.34% |
| 2003-06-30 | 12.06% |
| 2003-03-31 | 11.75% |
| 2002-12-31 | 12.26% |
| 2002-09-30 | 12.94% |
