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 27.74% is in line with its 5-year average of 28.35%, around the middle of its 5-year range (20.04%–35.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.94% above its 12-month average of 25.70%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
27.74%
OPERATING MARGIN AVG TTM
25.70%
OPERATING MARGIN AVG 3Y
27.21%
OPERATING MARGIN AVG 5Y
28.35%
OPERATING MARGIN AVG 10Y
31.83%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+7.94%
CURRENT VS 3Y AVG
+1.94%
CURRENT VS 5Y AVG
-2.16%
CURRENT VS 10Y AVG
-12.86%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
11.03%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+151.48%
vs the sector median at left
Restaurant Brands International Inc.
Market Cap
$27.02B
Operating Margin
27.74%
TTM Avg
25.70%
3Y Avg
27.21%
5Y Avg
28.35%
Market Cap
$26.88B
Operating Margin
19.21%
TTM Avg
18.13%
3Y Avg
17.58%
5Y Avg
17.52%
Market Cap
$27.24B
Operating Margin
13.86%
TTM Avg
13.02%
3Y Avg
10.87%
5Y Avg
12.02%
Market Cap
$27.84B
Operating Margin
5.89%
TTM Avg
5.45%
3Y Avg
4.97%
5Y Avg
4.83%
Market Cap
$28.38B
Operating Margin
23.35%
TTM Avg
22.78%
3Y Avg
12.38%
5Y Avg
-2.35%
Market Cap
$24.60B
Operating Margin
5.42%
TTM Avg
5.95%
3Y Avg
8.70%
5Y Avg
9.29%
Market Cap
$24.55B
Operating Margin
11.98%
TTM Avg
11.98%
3Y Avg
11.60%
5Y Avg
11.67%
Market Cap
$24.38B
Operating Margin
14.61%
TTM Avg
19.50%
3Y Avg
20.41%
5Y Avg
19.35%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Restaurant Brands International Inc. (QSR) | $27.02B | 27.74% | 25.70% | 27.21% | 28.35% |
| Williams-Sonoma, Inc. (WSM)vs › | $26.88B | 19.21% | 18.13% | 17.58% | 17.52% |
| SharkNinja, Inc. (SN)vs › | $27.24B | 13.86% | 13.02% | 10.87% | 12.02% |
| Casey's General Stores, Inc. (CASY)vs › | $27.84B | 5.89% | 5.45% | 4.97% | 4.83% |
| Las Vegas Sands Corp. (LVS)vs › | $28.38B | 23.35% | 22.78% | 12.38% | -2.35% |
| Tapestry, Inc. (TPR)vs › | $24.93B | 23.92% | 14.92% | 16.13% | 16.50% |
| Smurfit Westrock plc (SW)vs › | $24.60B | 5.42% | 5.95% | 8.70% | 9.29% |
| Darden Restaurants, Inc. (DRI)vs › | $24.55B | 11.98% | 11.98% | 11.60% | 11.67% |
| PulteGroup, Inc. (PHM)vs › | $24.38B | 14.61% | 19.50% | 20.41% | 19.35% |
| Ulta Beauty, Inc. (ULTA)vs › | $23.09B | 12.53% | 13.24% | 13.84% | 14.44% |
Gross Margin
44.9%
Operating Margin
27.7%
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 | 27.74% |
| 2026-03-31 | 26.99% |
| 2025-12-31 | 26.24% |
| 2025-09-30 | 27.48% |
| 2025-06-30 | 20.04% |
| 2025-03-31 | 20.63% |
| 2024-12-31 | 27.66% |
| 2024-09-30 | 25.19% |
| 2024-06-30 | 31.87% |
| 2024-03-31 | 31.28% |
| 2023-12-31 | 25.71% |
| 2023-09-30 | 31.68% |
| 2023-06-30 | 31.21% |
| 2023-03-31 | 28.11% |
| 2022-12-31 | 20.49% |
| 2022-09-30 | 32.50% |
| 2022-06-30 | 33.01% |
| 2022-03-31 | 31.01% |
| 2021-12-31 | 26.91% |
| 2021-09-30 | 35.65% |
| 2021-06-30 | 33.94% |
| 2021-03-31 | 35.08% |
| 2020-12-31 | 27.47% |
| 2020-09-30 | 31.19% |
| 2020-06-30 | 23.19% |
| 2020-03-31 | 31.76% |
| 2019-12-31 | 34.55% |
| 2019-09-30 | 39.16% |
| 2019-06-30 | 35.07% |
| 2019-03-31 | 34.28% |
| 2018-12-31 | 37.31% |
| 2018-09-30 | 34.76% |
| 2018-06-30 | 37.38% |
| 2018-03-31 | 33.57% |
| 2017-12-31 | 41.00% |
| 2017-09-30 | 39.66% |
| 2017-06-30 | 36.59% |
| 2017-03-31 | 33.60% |
| 2016-12-31 | 44.23% |
| 2016-09-30 | 39.09% |
| 2016-06-30 | 40.76% |
| 2016-03-31 | 35.99% |
| 2015-12-31 | 30.46% |
| 2015-09-30 | 33.74% |
| 2015-06-30 | 28.99% |
| 2015-03-31 | 24.01% |
| 2014-12-31 | -24.33% |
| 2014-09-30 | 0.32% |
| 2014-06-30 | 58.00% |
| 2014-03-31 | 54.50% |
| 2013-12-31 | 59.62% |
| 2013-09-30 | 55.83% |
| 2013-06-30 | 54.80% |
| 2013-03-31 | 36.86% |
| 2012-12-31 | 32.98% |
