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 11.21% is 20% above its 5-year average of 9.36%, near the high end of its 5-year range (-10.37%–11.57%).
2.23% above its 12-month average of 10.97%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 11.38%.
OPERATING MARGIN
11.21%
OPERATING MARGIN AVG TTM
10.97%
OPERATING MARGIN AVG 3Y
10.13%
OPERATING MARGIN AVG 5Y
9.36%
OPERATING MARGIN AVG 10Y
10.68%
OPERATING MARGIN AVG 15Y
11.78%
OPERATING MARGIN AVG 20Y
12.40%
CURRENT VS TTM AVG
+2.23%
CURRENT VS 3Y AVG
+10.63%
CURRENT VS 5Y AVG
+19.80%
CURRENT VS 10Y AVG
+4.96%
CURRENT VS 15Y AVG
-4.83%
CURRENT VS 20Y AVG
-9.60%
SECTOR MEDIAN · INDUSTRIALS
11.95%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-6.15%
vs the sector median at left
RTX Corporation
Market Cap
$265.28B
Operating Margin
11.21%
TTM Avg
10.97%
3Y Avg
10.13%
5Y Avg
9.36%
Market Cap
$180.72B
Operating Margin
18.97%
TTM Avg
18.84%
3Y Avg
21.89%
5Y Avg
20.22%
Market Cap
$180.22B
Operating Margin
16.86%
TTM Avg
16.88%
3Y Avg
16.63%
5Y Avg
16.14%
Market Cap
$360.55B
Operating Margin
17.52%
TTM Avg
18.38%
3Y Avg
17.35%
5Y Avg
15.63%
Market Cap
$166.89B
Operating Margin
39.93%
TTM Avg
40.09%
3Y Avg
39.43%
5Y Avg
40.11%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| RTX Corporation (RTX) | $265.28B | 11.21% | 10.97% | 10.13% | 9.36% |
| GE Vernova Inc. (GEV)vs › | $246.38B | 4.35% | 2.95% | -1.65% | -1.86% |
| Siemens AG (SIEGY)vs › | $229.79B | 12.01% | 12.00% | 11.66% | 10.82% |
| GE Aerospace (GE)vs › | $324.65B | 20.79% | 18.30% | 15.57% | 10.78% |
| Deere & Company (DE)vs › | $180.72B | 18.97% | 18.84% | 21.89% | 20.22% |
| Schneider Electric S.E. (SBGSY)vs › | $180.22B | 16.86% | 16.88% | 16.63% | 16.14% |
| ABB Ltd (ABBNY)vs › | $171.84B | 17.29% | 16.82% | 15.02% | 14.32% |
| Caterpillar Inc. (CAT)vs › | $360.55B | 17.52% | 18.38% | 17.35% | 15.63% |
| Union Pacific Corporation (UNP)vs › | $166.89B | 39.93% | 40.09% | 39.43% | 40.11% |
| Rolls-Royce Holdings plc (RYCEY)vs › | $161.83B | 16.82% | 16.09% | 12.54% | 6.26% |
Gross Margin
20.4%
Operating Margin
11.2%
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 | 11.38% |
| 2026-03-31 | 11.57% |
| 2025-12-31 | 10.71% |
| 2025-09-30 | 11.22% |
| 2025-06-30 | 9.94% |
| 2025-03-31 | 10.02% |
| 2024-12-31 | 9.76% |
| 2024-09-30 | 10.10% |
| 2024-06-30 | 2.68% |
| 2024-03-31 | 9.69% |
| 2023-12-31 | 8.92% |
| 2023-09-30 | -10.37% |
| 2023-06-30 | 8.15% |
| 2023-03-31 | 9.80% |
| 2022-12-31 | 8.30% |
| 2022-09-30 | 8.97% |
| 2022-06-30 | 8.29% |
| 2022-03-31 | 6.87% |
| 2021-12-31 | 7.74% |
| 2021-09-30 | 8.28% |
| 2021-06-30 | 8.07% |
| 2021-03-31 | 6.64% |
| 2020-12-31 | 0.86% |
| 2020-09-30 | 2.94% |
| 2020-06-30 | -26.74% |
| 2020-03-31 | 11.40% |
| 2019-12-31 | 9.47% |
| 2019-09-30 | 12.57% |
| 2019-06-30 | 12.23% |
| 2019-03-31 | 11.14% |
| 2018-12-31 | 10.59% |
| 2018-09-30 | 11.13% |
| 2018-06-30 | 17.22% |
| 2018-03-31 | 12.65% |
| 2017-12-31 | 12.45% |
| 2017-09-30 | 13.49% |
| 2017-06-30 | 14.16% |
| 2017-03-31 | 15.52% |
| 2016-12-31 | 11.18% |
| 2016-09-30 | 15.68% |
| 2016-06-30 | 15.71% |
| 2016-03-31 | 14.56% |
| 2015-12-31 | 2.74% |
| 2015-09-30 | 16.70% |
| 2015-06-30 | 16.44% |
| 2015-03-31 | 16.38% |
| 2014-12-31 | 15.12% |
| 2014-09-30 | 17.87% |
| 2014-06-30 | 13.70% |
| 2014-03-31 | 14.23% |
| 2013-12-31 | 13.90% |
| 2013-09-30 | 15.30% |
| 2013-06-30 | 15.66% |
| 2013-03-31 | 13.93% |
| 2012-12-31 | 15.82% |
| 2012-09-30 | 13.57% |
| 2012-06-30 | 15.78% |
| 2012-03-31 | 13.80% |
| 2011-12-31 | 12.68% |
| 2011-09-30 | 13.49% |
| 2011-06-30 | 14.86% |
| 2011-03-31 | 12.54% |
| 2010-12-31 | 11.97% |
| 2010-09-30 | 14.16% |
| 2010-06-30 | 13.64% |
| 2010-03-31 | 12.65% |
| 2009-12-31 | 12.82% |
| 2009-09-30 | 13.24% |
| 2009-06-30 | 12.41% |
| 2009-03-31 | 10.20% |
| 2008-12-31 | 12.44% |
| 2008-09-30 | 13.58% |
| 2008-06-30 | 13.16% |
| 2008-03-31 | 11.99% |
| 2007-12-31 | 12.19% |
| 2007-09-30 | 13.62% |
| 2007-06-30 | 13.41% |
| 2007-03-31 | 12.25% |
| 2006-12-31 | 11.17% |
| 2006-09-30 | 13.54% |
| 2006-06-30 | 14.20% |
| 2006-03-31 | 12.08% |
| 2005-12-31 | 10.84% |
| 2005-09-30 | 12.69% |
| 2005-06-30 | 13.35% |
| 2005-03-31 | 11.57% |
| 2004-12-31 | 10.99% |
| 2004-09-30 | 12.10% |
| 2004-06-30 | 12.65% |
| 2004-03-31 | 10.64% |
| 2003-12-31 | 10.79% |
| 2003-09-30 | 13.18% |
| 2003-06-30 | 13.26% |
| 2003-03-31 | 12.49% |
| 2002-12-31 | 11.46% |
| 2002-09-30 | 13.73% |