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 6.72% is 42% below its 5-year average of 11.53%, near the low end of its 5-year range (4.75%–17.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 41.88% below its 12-month average of 11.56%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
6.72%
OPERATING MARGIN AVG TTM
11.56%
OPERATING MARGIN AVG 3Y
13.47%
OPERATING MARGIN AVG 5Y
11.53%
OPERATING MARGIN AVG 10Y
12.43%
OPERATING MARGIN AVG 15Y
12.27%
OPERATING MARGIN AVG 20Y
11.48%
CURRENT VS TTM AVG
-41.88%
CURRENT VS 3Y AVG
-50.13%
CURRENT VS 5Y AVG
-41.73%
CURRENT VS 10Y AVG
-45.93%
CURRENT VS 15Y AVG
-45.24%
CURRENT VS 20Y AVG
-41.45%
SECTOR MEDIAN · BASIC MATERIALS
14.15%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
-52.52%
vs the sector median at left
PPG Industries, Inc.
Market Cap
$25.06B
Operating Margin
6.72%
TTM Avg
11.56%
3Y Avg
13.47%
5Y Avg
11.53%
Market Cap
$26.32B
Operating Margin
22.47%
TTM Avg
20.30%
3Y Avg
14.38%
5Y Avg
6.55%
Market Cap
$22.08B
Operating Margin
-11.69%
TTM Avg
-4.38%
3Y Avg
1.45%
5Y Avg
3.56%
Market Cap
$20.57B
Operating Margin
7.56%
TTM Avg
7.20%
3Y Avg
-3.66%
5Y Avg
0.25%
Market Cap
$20.46B
Operating Margin
7.88%
TTM Avg
7.83%
3Y Avg
10.53%
5Y Avg
10.70%
Market Cap
$19.86B
Operating Margin
3.29%
TTM Avg
1.71%
3Y Avg
5.24%
5Y Avg
6.88%
Market Cap
$18.76B
Operating Margin
15.35%
TTM Avg
13.66%
3Y Avg
14.27%
5Y Avg
14.36%
Market Cap
$18.58B
Operating Margin
35.68%
TTM Avg
31.40%
3Y Avg
37.10%
5Y Avg
32.72%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PPG Industries, Inc. (PPG) | $25.06B | 6.72% | 11.56% | 13.47% | 11.53% |
| Carpenter Technology Corporation (CRS)vs › | $26.32B | 22.47% | 20.30% | 14.38% | 6.55% |
| International Paper Company (IP)vs › | $22.08B | -11.69% | -4.38% | 1.45% | 3.56% |
| Dow Inc. (DOW)vs › | $21.88B | -0.08% | 2.73% | 5.11% | 6.91% |
| International Flavors & Fragrances Inc. (IFF)vs › | $20.57B | 7.56% | 7.20% | -3.66% | 0.25% |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.46B | 7.88% | 7.83% | 10.53% | 10.70% |
| LyondellBasell Industries N.V. (LYB)vs › | $19.86B | 3.29% | 1.71% | 5.24% | 6.88% |
| DuPont de Nemours, Inc. (DD)vs › | $18.76B | 15.35% | 13.66% | 14.27% | 14.36% |
| CF Industries Holdings, Inc. (CF)vs › | $18.58B | 35.68% | 31.40% | 37.10% | 32.72% |
| Nutrien Ltd. (NTR)vs › | $32.22B | 14.15% | 12.88% | 16.89% | 14.85% |
Gross Margin
40.1%
Operating Margin
6.7%
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 | 6.72% |
| 2026-03-31 | 13.36% |
| 2025-12-31 | 11.50% |
| 2025-09-30 | 10.73% |
| 2025-06-30 | 15.49% |
| 2025-03-31 | 13.06% |
| 2024-12-31 | 17.60% |
| 2024-09-30 | 13.46% |
| 2024-06-30 | 16.41% |
| 2024-03-31 | 12.80% |
| 2023-12-31 | 10.21% |
| 2023-09-30 | 12.81% |
| 2023-06-30 | 14.24% |
| 2023-03-31 | 8.33% |
| 2022-12-31 | 8.75% |
| 2022-09-30 | 10.54% |
| 2022-06-30 | 10.64% |
| 2022-03-31 | 8.73% |
| 2021-12-31 | 4.75% |
| 2021-09-30 | 9.81% |
| 2021-06-30 | 12.18% |
| 2021-03-31 | 13.58% |
| 2020-12-31 | 13.57% |
| 2020-09-30 | 16.26% |
| 2020-06-30 | 11.18% |
| 2020-03-31 | 9.89% |
| 2019-12-31 | 11.55% |
| 2019-09-30 | 13.54% |
| 2019-06-30 | 14.04% |
| 2019-03-31 | 12.11% |
| 2018-12-31 | 10.15% |
| 2018-09-30 | 12.18% |
| 2018-06-30 | 13.75% |
| 2018-03-31 | 12.14% |
| 2017-12-31 | 10.35% |
| 2017-09-30 | 14.49% |
| 2017-06-30 | 16.30% |
| 2017-03-31 | 13.11% |
| 2016-12-31 | 12.15% |
| 2016-09-30 | -11.12% |
| 2016-06-30 | 16.92% |
| 2016-03-31 | 13.90% |
| 2015-12-31 | 11.66% |
| 2015-09-30 | 15.14% |
| 2015-06-30 | 15.00% |
| 2015-03-31 | 12.12% |
| 2014-12-31 | 9.74% |
| 2014-09-30 | 13.37% |
| 2014-06-30 | 13.47% |
| 2014-03-31 | 11.17% |
| 2013-12-31 | 10.43% |
| 2013-09-30 | 12.53% |
| 2013-06-30 | 11.80% |
| 2013-03-31 | 9.33% |
| 2012-12-31 | 10.03% |
| 2012-09-30 | 12.59% |
| 2012-06-30 | 12.90% |
| 2012-03-31 | 10.38% |
| 2011-12-31 | 8.73% |
| 2011-09-30 | 12.11% |
| 2011-06-30 | 12.82% |
| 2011-03-31 | 11.01% |
| 2010-12-31 | 8.88% |
| 2010-09-30 | 11.56% |
| 2010-06-30 | 12.29% |
| 2010-03-31 | 7.61% |
| 2009-12-31 | 6.32% |
| 2009-09-30 | 8.87% |
| 2009-06-30 | 8.57% |
| 2009-03-31 | 4.78% |
| 2008-12-31 | 5.65% |
| 2008-09-30 | 9.21% |
| 2008-06-30 | 9.43% |
| 2008-03-31 | 6.11% |
| 2007-12-31 | 9.50% |
| 2007-09-30 | 11.10% |
| 2007-06-30 | 12.68% |
| 2007-03-31 | 10.64% |
| 2006-12-31 | 9.27% |
| 2006-09-30 | 21.45% |
| 2006-06-30 | 14.52% |
| 2006-03-31 | 12.17% |
| 2005-12-31 | 10.38% |
| 2005-09-30 | 12.84% |
| 2005-06-30 | 14.16% |
| 2005-03-31 | 12.56% |
| 2004-12-31 | 10.99% |
| 2004-09-30 | 12.49% |
| 2004-06-30 | 12.97% |
| 2004-03-31 | 10.03% |
| 2003-12-31 | 10.21% |
| 2003-09-30 | 12.24% |
| 2003-06-30 | 12.93% |
| 2003-03-31 | 8.84% |
| 2002-12-31 | 9.70% |
| 2002-09-30 | 12.48% |
