Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 37.61% is 39% above its 5-year average of 26.99%, near the high end of its 5-year range (12.45%–37.61%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.41% above its 12-month average of 29.99%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
37.61%
OPERATING MARGIN AVG TTM
29.99%
OPERATING MARGIN AVG 3Y
23.19%
OPERATING MARGIN AVG 5Y
26.99%
OPERATING MARGIN AVG 10Y
28.83%
OPERATING MARGIN AVG 15Y
29.66%
OPERATING MARGIN AVG 20Y
28.12%
CURRENT VS TTM AVG
+25.41%
CURRENT VS 3Y AVG
+62.21%
CURRENT VS 5Y AVG
+39.38%
CURRENT VS 10Y AVG
+30.48%
CURRENT VS 15Y AVG
+26.83%
CURRENT VS 20Y AVG
+33.76%
SECTOR MEDIAN · FINANCIAL SERVICES
22.96%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+63.83%
vs the sector median at left
The PNC Financial Services Group, Inc.
Market Cap
$100.39B
Operating Margin
37.61%
TTM Avg
29.99%
3Y Avg
23.19%
5Y Avg
26.99%
Market Cap
$97.40B
Operating Margin
22.17%
TTM Avg
16.12%
3Y Avg
15.62%
5Y Avg
19.79%
Market Cap
$94.64B
Operating Margin
28.32%
TTM Avg
24.76%
3Y Avg
19.95%
5Y Avg
18.38%
Market Cap
$107.43B
Operating Margin
22.17%
TTM Avg
16.12%
3Y Avg
15.62%
5Y Avg
19.79%
Market Cap
$91.72B
Operating Margin
21.62%
TTM Avg
23.42%
3Y Avg
22.68%
5Y Avg
21.71%
Market Cap
$86.37B
Operating Margin
40.84%
TTM Avg
37.69%
3Y Avg
37.61%
5Y Avg
37.47%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The PNC Financial Services Group, Inc. (PNC) | $100.39B | 37.61% | 29.99% | 23.19% | 26.99% |
| U.S. Bancorp (USB)vs › | $100.36B | 23.95% | 20.36% | 21.07% | 25.19% |
| The Bank of New York Mellon Corporation (BK)vs › | $97.40B | 22.17% | 16.12% | 15.62% | 19.79% |
| Brookfield Corporation (BN)vs › | $94.64B | 28.32% | 24.76% | 19.95% | 18.38% |
| CME Group Inc. (CME)vs › | $94.21B | 65.10% | 64.50% | 62.66% | 60.18% |
| Bank of New York Mellon Corp (BNY)vs › | $107.43B | 22.17% | 16.12% | 15.62% | 19.79% |
| KKR & Co. Inc. (KKR)vs › | $92.18B | 2.40% | 3.34% | 3.85% | 12.80% |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $91.72B | 21.62% | 23.42% | 22.68% | 21.71% |
| Intercontinental Exchange, Inc. (ICE)vs › | $86.37B | 40.84% | 37.69% | 37.61% | 37.47% |
| Moody's Corporation (MCO)vs › | $83.86B | 45.10% | 43.34% | 40.19% | 42.01% |
Gross Margin
79.6%
Operating Margin
37.6%
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 | 37.61% |
| 2026-03-31 | 35.47% |
| 2025-12-31 | 26.71% |
| 2025-09-30 | 26.01% |
| 2025-06-30 | 24.16% |
| 2025-03-31 | 22.79% |
| 2024-12-31 | 22.33% |
| 2024-09-30 | 21.06% |
| 2024-06-30 | 22.92% |
| 2024-03-31 | 19.76% |
| 2023-12-31 | 12.45% |
| 2023-09-30 | 23.19% |
| 2023-06-30 | 22.97% |
| 2023-03-31 | 26.76% |
| 2022-12-31 | 26.23% |
| 2022-09-30 | 32.67% |
| 2022-06-30 | 34.34% |
| 2022-03-31 | 35.89% |
| 2021-12-31 | 31.85% |
| 2021-09-30 | 34.10% |
| 2021-06-30 | 27.47% |
| 2021-03-31 | 50.77% |
| 2020-12-31 | 40.37% |
| 2020-09-30 | 38.37% |
| 2020-06-30 | -20.63% |
| 2020-03-31 | 17.52% |
| 2019-12-31 | 29.81% |
| 2019-09-30 | 27.40% |
| 2019-06-30 | 27.31% |
| 2019-03-31 | 28.99% |
| 2018-12-31 | 30.95% |
| 2018-09-30 | 32.48% |
| 2018-06-30 | 33.25% |
| 2018-03-31 | 31.96% |
| 2017-12-31 | 22.66% |
| 2017-09-30 | 33.64% |
| 2017-06-30 | 33.13% |
| 2017-03-31 | 32.85% |
| 2016-12-31 | 32.55% |
| 2016-09-30 | 32.54% |
| 2016-06-30 | 31.80% |
| 2016-03-31 | 31.00% |
| 2015-12-31 | 33.58% |
| 2015-09-30 | 33.10% |
| 2015-06-30 | 35.30% |
| 2015-03-31 | 33.38% |
| 2014-12-31 | 33.13% |
| 2014-09-30 | 35.15% |
| 2014-06-30 | 34.93% |
| 2014-03-31 | 35.55% |
| 2013-12-31 | 32.97% |
| 2013-09-30 | 33.60% |
| 2013-06-30 | 35.13% |
| 2013-03-31 | 32.34% |
| 2012-12-31 | 21.36% |
| 2012-09-30 | 27.76% |
| 2012-06-30 | 18.47% |
| 2012-03-31 | 27.04% |
| 2011-12-31 | 16.48% |
| 2011-09-30 | 29.32% |
| 2011-06-30 | 28.66% |
| 2011-03-31 | 28.23% |
| 2010-12-31 | 28.51% |
| 2010-09-30 | 23.36% |
| 2010-06-30 | 24.99% |
| 2010-03-31 | 20.41% |
| 2009-12-31 | 46.36% |
| 2009-09-30 | 15.60% |
| 2009-06-30 | 4.70% |
| 2009-03-31 | 13.57% |
| 2008-12-31 | -21.32% |
| 2008-09-30 | 14.13% |
| 2008-06-30 | 27.97% |
| 2008-03-31 | 24.56% |
| 2007-12-31 | 8.59% |
| 2007-09-30 | 22.43% |
| 2007-06-30 | 24.48% |
| 2007-03-31 | 28.71% |
| 2006-12-31 | 475.83% |
| 2006-09-30 | 55.98% |
| 2006-06-30 | 24.53% |
| 2006-03-31 | 23.77% |
| 2005-12-31 | 24.53% |
| 2005-09-30 | 23.02% |
| 2005-06-30 | 24.10% |
| 2005-03-31 | 26.21% |
| 2004-12-31 | 26.35% |
| 2004-09-30 | 22.85% |
| 2004-06-30 | 29.46% |
| 2004-03-31 | 31.14% |
| 2003-12-31 | 32.23% |
| 2003-09-30 | 26.66% |
| 2003-06-30 | 19.89% |
| 2003-03-31 | 26.56% |
| 2002-12-31 | 27.27% |
| 2002-09-30 | 28.05% |
