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 18.78% is in line with its 5-year average of 17.37%, near the high end of its 5-year range (10.97%–21.76%).
0.76% above its 12-month average of 18.64%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 21.76%.
OPERATING MARGIN
18.78%
OPERATING MARGIN AVG TTM
18.64%
OPERATING MARGIN AVG 3Y
17.21%
OPERATING MARGIN AVG 5Y
17.37%
OPERATING MARGIN AVG 10Y
16.13%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.76%
CURRENT VS 3Y AVG
+9.13%
CURRENT VS 5Y AVG
+8.11%
CURRENT VS 10Y AVG
+16.42%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
23.64%
median of 103 covered companies
CURRENT VS SECTOR MEDIAN
-20.56%
vs the sector median at left
PayPal Holdings, Inc.
Market Cap
$46.06B
Operating Margin
18.78%
TTM Avg
18.64%
3Y Avg
17.21%
5Y Avg
17.37%
Market Cap
$47.29B
Operating Margin
19.99%
TTM Avg
27.57%
3Y Avg
-8.73%
5Y Avg
6.06%
Market Cap
$43.76B
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$49.62B
Operating Margin
20.11%
TTM Avg
23.65%
3Y Avg
26.39%
5Y Avg
28.69%
Market Cap
$42.48B
Operating Margin
23.18%
TTM Avg
25.79%
3Y Avg
21.14%
5Y Avg
20.23%
Market Cap
$49.92B
Operating Margin
27.14%
TTM Avg
25.58%
3Y Avg
25.51%
5Y Avg
24.31%
Market Cap
$41.34B
Operating Margin
7.68%
TTM Avg
6.09%
3Y Avg
3.63%
5Y Avg
4.86%
Market Cap
$50.92B
Operating Margin
19.05%
TTM Avg
15.97%
3Y Avg
17.22%
5Y Avg
19.88%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PayPal Holdings, Inc. (PYPL) | $46.06B | 18.78% | 18.64% | 17.21% | 17.37% |
| Coinbase Global, Inc. (COIN)vs › | $47.29B | 19.99% | 27.57% | -8.73% | 6.06% |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $43.76B | N/A | N/A | N/A | N/A |
| Fifth Third Bancorp (FITB)vs › | $49.62B | 20.11% | 23.65% | 26.39% | 28.69% |
| Ares Management Corporation (ARES)vs › | $42.48B | 23.18% | 25.79% | 21.14% | 20.23% |
| Ameriprise Financial, Inc. (AMP)vs › | $49.92B | 27.14% | 25.58% | 25.51% | 24.31% |
| Nasdaq, Inc. (NDAQ)vs › | $50.38B | 31.58% | 26.33% | 25.95% | 25.04% |
| Prudential Financial, Inc. (PRU)vs › | $41.34B | 7.68% | 6.09% | 3.63% | 4.86% |
| State Street Corporation (STT)vs › | $50.92B | 19.05% | 15.97% | 17.22% | 19.88% |
| MSCI Inc. (MSCI)vs › | $39.97B | 55.66% | 54.09% | 54.16% | 53.56% |
Gross Margin
45.8%
Operating Margin
18.8%
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 | 21.76% |
| 2026-03-31 | 17.81% |
| 2025-12-31 | 17.42% |
| 2025-09-30 | 18.06% |
| 2025-06-30 | 18.15% |
| 2025-03-31 | 19.64% |
| 2024-12-31 | 17.22% |
| 2024-09-30 | 17.73% |
| 2024-06-30 | 16.80% |
| 2024-03-31 | 15.17% |
| 2023-12-31 | 21.53% |
| 2023-09-30 | 15.75% |
| 2023-06-30 | 15.55% |
| 2023-03-31 | 14.19% |
| 2022-12-31 | 16.85% |
| 2022-09-30 | 16.33% |
| 2022-06-30 | 11.23% |
| 2022-03-31 | 10.97% |
| 2021-12-31 | 15.18% |
| 2021-09-30 | 16.87% |
| 2021-06-30 | 18.07% |
| 2021-03-31 | 17.27% |
| 2020-12-31 | 15.75% |
| 2020-09-30 | 17.90% |
| 2020-06-30 | 18.08% |
| 2020-03-31 | 8.62% |
| 2019-12-31 | 16.11% |
| 2019-09-30 | 15.92% |
| 2019-06-30 | 16.38% |
| 2019-03-31 | 12.55% |
| 2018-12-31 | 14.15% |
| 2018-09-30 | 13.30% |
| 2018-06-30 | 14.83% |
| 2018-03-31 | 14.49% |
| 2017-12-31 | 22.52% |
| 2017-09-30 | 13.06% |
| 2017-06-30 | 13.71% |
| 2017-03-31 | 14.49% |
| 2016-12-31 | 15.43% |
| 2016-09-30 | 13.05% |
| 2016-06-30 | 14.00% |
| 2016-03-31 | 16.00% |
| 2015-12-31 | 16.08% |
| 2015-09-30 | 14.61% |
| 2015-06-30 | 17.33% |
| 2015-03-31 | 15.07% |
| 2014-12-31 | 15.87% |
| 2014-09-30 | 13.77% |
| 2014-06-30 | 16.64% |
| 2014-03-31 | 16.97% |
