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 21.55% is 13% above its 5-year average of 19.13%, near the high end of its 5-year range (14.16%–23.86%).
0.39% above its 12-month average of 21.47%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
21.55%
OPERATING MARGIN AVG TTM
21.47%
OPERATING MARGIN AVG 3Y
20.22%
OPERATING MARGIN AVG 5Y
19.13%
OPERATING MARGIN AVG 10Y
16.59%
OPERATING MARGIN AVG 15Y
14.78%
OPERATING MARGIN AVG 20Y
13.67%
CURRENT VS TTM AVG
+0.39%
CURRENT VS 3Y AVG
+6.55%
CURRENT VS 5Y AVG
+12.67%
CURRENT VS 10Y AVG
+29.87%
CURRENT VS 15Y AVG
+45.77%
CURRENT VS 20Y AVG
+57.70%
SECTOR MEDIAN · INDUSTRIALS
11.95%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+80.41%
vs the sector median at left
Parker-Hannifin Corporation
Market Cap
$120.73B
Operating Margin
21.55%
TTM Avg
21.47%
3Y Avg
20.22%
5Y Avg
19.13%
Market Cap
$123.76B
Operating Margin
11.88%
TTM Avg
10.09%
3Y Avg
11.35%
5Y Avg
12.04%
Market Cap
$113.36B
Operating Margin
19.12%
TTM Avg
17.88%
3Y Avg
13.21%
5Y Avg
10.99%
Market Cap
$98.41B
Operating Margin
17.94%
TTM Avg
18.13%
3Y Avg
16.94%
5Y Avg
15.73%
Market Cap
$143.83B
Operating Margin
9.00%
TTM Avg
5.65%
3Y Avg
-0.29%
5Y Avg
-1.61%
Market Cap
$97.24B
Operating Margin
6.20%
TTM Avg
5.71%
3Y Avg
5.61%
5Y Avg
5.56%
Market Cap
$96.47B
Operating Margin
10.32%
TTM Avg
10.12%
3Y Avg
10.24%
5Y Avg
10.45%
Market Cap
$93.87B
Operating Margin
28.33%
TTM Avg
24.16%
3Y Avg
21.33%
5Y Avg
19.81%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Parker-Hannifin Corporation (PH) | $120.73B | 21.55% | 21.47% | 20.22% | 19.13% |
| Lockheed Martin Corporation (LMT)vs › | $123.76B | 11.88% | 10.09% | 11.35% | 12.04% |
| Vertiv Holdings Co (VRT)vs › | $113.36B | 19.12% | 17.88% | 13.21% | 10.99% |
| Trane Technologies plc (TT)vs › | $98.41B | 17.94% | 18.13% | 16.94% | 15.73% |
| Siemens Energy AG (SMEGF)vs › | $143.83B | 9.00% | 5.65% | -0.29% | -1.61% |
| Quanta Services, Inc. (PWR)vs › | $97.24B | 6.20% | 5.71% | 5.61% | 5.56% |
| General Dynamics Corporation (GD)vs › | $96.47B | 10.32% | 10.12% | 10.24% | 10.45% |
| Howmet Aerospace Inc. (HWM)vs › | $93.87B | 28.33% | 24.16% | 21.33% | 19.81% |
| CSX Corporation (CSX)vs › | $91.18B | 34.15% | 34.49% | 36.59% | 38.09% |
| Waste Management, Inc. (WM)vs › | $87.22B | 18.54% | 18.55% | 18.32% | 17.72% |
Gross Margin
37.7%
Operating Margin
21.6%
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 | 23.86% |
| 2026-03-31 | 20.65% |
| 2025-12-31 | 21.14% |
| 2025-09-30 | 20.34% |
| 2025-06-30 | 21.33% |
| 2025-03-31 | 21.09% |
| 2024-12-31 | 20.35% |
| 2024-09-30 | 19.84% |
| 2024-06-30 | 20.16% |
| 2024-03-31 | 19.82% |
| 2023-12-31 | 19.40% |
| 2023-09-30 | 18.47% |
| 2023-06-30 | 20.10% |
| 2023-03-31 | 17.16% |
| 2022-12-31 | 14.16% |
| 2022-09-30 | 15.81% |
| 2022-06-30 | 18.12% |
| 2022-03-31 | 17.11% |
| 2021-12-31 | 17.19% |
| 2021-09-30 | 17.15% |
| 2021-06-30 | 18.40% |
| 2021-03-31 | 17.56% |
| 2020-12-31 | 16.38% |
| 2020-09-30 | 14.50% |
| 2020-06-30 | 15.41% |
| 2020-03-31 | 14.71% |
| 2019-12-31 | 12.60% |
| 2019-09-30 | 14.25% |
| 2019-06-30 | 15.61% |
| 2019-03-31 | 15.31% |
| 2018-12-31 | 13.82% |
| 2018-09-30 | 14.33% |
| 2018-06-30 | 15.57% |
| 2018-03-31 | 14.15% |
| 2017-12-31 | 12.56% |
| 2017-09-30 | 13.62% |
| 2017-06-30 | 13.15% |
| 2017-03-31 | 11.53% |
| 2016-12-31 | 11.14% |
| 2016-09-30 | 11.84% |
| 2016-06-30 | 10.60% |
| 2016-03-31 | 10.02% |
| 2015-12-31 | 9.25% |
| 2015-09-30 | 10.39% |
| 2015-06-30 | 9.45% |
| 2015-03-31 | 13.19% |
| 2014-12-31 | 11.28% |
| 2014-09-30 | 12.51% |
| 2014-06-30 | 11.86% |
| 2014-03-31 | 10.28% |
| 2013-12-31 | 9.25% |
| 2013-09-30 | 10.63% |
| 2013-06-30 | 10.98% |
| 2013-03-31 | 10.83% |
| 2012-12-31 | 8.56% |
| 2012-09-30 | 11.08% |
| 2012-06-30 | 12.58% |
| 2012-03-31 | 12.55% |
| 2011-12-31 | 11.49% |
| 2011-09-30 | 13.39% |
| 2011-06-30 | 11.90% |
| 2011-03-31 | 12.41% |
| 2010-12-31 | 11.35% |
| 2010-09-30 | 12.65% |
| 2010-06-30 | 11.59% |
| 2010-03-31 | 9.04% |
| 2009-12-31 | 7.45% |
| 2009-09-30 | 6.01% |
| 2009-06-30 | 4.27% |
| 2009-03-31 | 5.04% |
| 2008-12-31 | 8.56% |
| 2008-09-30 | 12.88% |
| 2008-06-30 | 11.90% |
| 2008-03-31 | 12.20% |
| 2007-12-31 | 11.17% |
| 2007-09-30 | 12.20% |
| 2007-06-30 | 11.03% |
| 2007-03-31 | 11.10% |
| 2006-12-31 | 11.16% |
| 2006-09-30 | 12.24% |
| 2006-06-30 | 10.92% |
| 2006-03-31 | 10.78% |
| 2005-12-31 | 9.55% |
| 2005-09-30 | 10.45% |
| 2005-06-30 | 10.68% |
| 2005-03-31 | 9.83% |
| 2004-12-31 | 9.04% |
| 2004-09-30 | 11.07% |
| 2004-06-30 | 9.88% |
| 2004-03-31 | 8.42% |
| 2003-12-31 | 6.12% |
| 2003-09-30 | 6.80% |
| 2003-06-30 | 5.58% |
| 2003-03-31 | 5.83% |
| 2002-12-31 | 5.35% |
| 2002-09-30 | 6.92% |