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 194.62% is 73% above its 5-year average of 112.75%, around the middle of its 5-year range (-41.51%–357.56%).
8.96% above its 12-month average of 178.62%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 128.10%.
OPERATING MARGIN
194.62%
OPERATING MARGIN AVG TTM
178.62%
OPERATING MARGIN AVG 3Y
130.14%
OPERATING MARGIN AVG 5Y
112.75%
OPERATING MARGIN AVG 10Y
84.33%
OPERATING MARGIN AVG 15Y
84.93%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+8.96%
CURRENT VS 3Y AVG
+49.55%
CURRENT VS 5Y AVG
+72.62%
CURRENT VS 10Y AVG
+130.80%
CURRENT VS 15Y AVG
+129.15%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
22.38%
median of 112 covered companies
CURRENT VS SECTOR MEDIAN
+769.42%
vs the sector median at left
PIMCO California Municipal Income Fund
Market Cap
$434.47M
Operating Margin
194.62%
TTM Avg
178.62%
3Y Avg
130.14%
5Y Avg
112.75%
Market Cap
$432.09M
Operating Margin
72.86%
TTM Avg
63.95%
3Y Avg
42.30%
5Y Avg
29787.73%
Market Cap
$311.82M
Operating Margin
N/A
TTM Avg
82.45%
3Y Avg
79.24%
5Y Avg
84.19%
Market Cap
$561.19M
Operating Margin
N/A
TTM Avg
28.93%
3Y Avg
-61.51%
5Y Avg
-43.05%
Market Cap
$277.61M
Operating Margin
19.76%
TTM Avg
17.94%
3Y Avg
23.75%
5Y Avg
23.91%
Market Cap
$266.59M
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$645.66M
Operating Margin
108.91%
TTM Avg
111.19%
3Y Avg
116.54%
5Y Avg
65.65%
Market Cap
$203.22M
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PIMCO California Municipal Income Fund (PCQ) | $434.47M | 194.62% | 178.62% | 130.14% | 112.75% |
| Invesco California Value Municipal Income Trust (VCV)vs › | $432.09M | 72.86% | 63.95% | 42.30% | 29787.73% |
| BlackRock Floating Rate Income Trust (BGT)vs › | $311.82M | N/A | 82.45% | 79.24% | 84.19% |
| Nuveen California AMT-Free Quality Municipal Income Fund (NKX)vs › | $561.19M | N/A | 28.93% | -61.51% | -43.05% |
| Isabella Bank Corporation (ISBA)vs › | $277.61M | 19.76% | 17.94% | 23.75% | 23.91% |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.59M | N/A | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 4.49% | 3.18% | 3.44% | 5.62% |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $645.66M | 108.91% | 111.19% | 116.54% | 65.65% |
| Astoria US Equal Weight Quality Kings ETF (ROE)vs › | $203.22M | N/A | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $203.22M | 37.40% | 2.93% | 77.28% | 1.18% |
Gross Margin
81.1%
Operating Margin
194.6%
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 | 128.10% |
| 2025-12-31 | 323.77% |
| 2025-06-30 | 83.99% |
| 2024-12-31 | 60.61% |
| 2024-06-30 | -41.51% |
| 2023-12-31 | 357.56% |
| 2023-06-30 | -1.54% |
| 2022-12-31 | 83.10% |
| 2022-06-30 | 83.17% |
| 2021-12-31 | 81.11% |
| 2021-06-30 | 81.84% |
| 2020-12-31 | 146.59% |
| 2020-06-30 | 11.69% |
| 2019-12-31 | 83.93% |
| 2019-06-30 | 86.02% |
| 2018-12-31 | 85.20% |
| 2018-06-30 | 86.83% |
| 2017-12-31 | 85.86% |
| 2017-06-30 | 85.40% |
| 2016-12-31 | 85.42% |
| 2016-06-30 | 84.34% |
| 2015-12-31 | 0.00% |
| 2015-01-31 | 84.84% |
| 2014-07-31 | 84.62% |
| 2014-01-31 | 85.80% |
| 2013-07-31 | 85.61% |
| 2013-01-31 | 85.42% |
| 2012-07-31 | 86.02% |
| 2012-01-31 | 87.52% |
| 2011-10-30 | 87.51% |
