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 10.52% is 21% below its 5-year average of 13.33%, around the middle of its 5-year range (6.86%–18.20%).
As of the fiscal period ended Sunday, June 28, 2026. 10.34% above its 12-month average of 9.53%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
10.52%
OPERATING MARGIN AVG TTM
9.53%
OPERATING MARGIN AVG 3Y
12.43%
OPERATING MARGIN AVG 5Y
13.33%
OPERATING MARGIN AVG 10Y
14.58%
OPERATING MARGIN AVG 15Y
15.52%
OPERATING MARGIN AVG 20Y
14.36%
CURRENT VS TTM AVG
+10.34%
CURRENT VS 3Y AVG
-15.39%
CURRENT VS 5Y AVG
-21.09%
CURRENT VS 10Y AVG
-27.87%
CURRENT VS 15Y AVG
-32.24%
CURRENT VS 20Y AVG
-26.75%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.61%
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
-0.88%
vs the sector median at left
Starbucks Corporation
Market Cap
$119.98B
Operating Margin
10.52%
TTM Avg
9.53%
3Y Avg
12.43%
5Y Avg
13.33%
Market Cap
$116.57B
Operating Margin
11.55%
TTM Avg
11.93%
3Y Avg
12.56%
5Y Avg
12.52%
Market Cap
$126.06B
Operating Margin
22.17%
TTM Avg
24.55%
3Y Avg
24.02%
5Y Avg
14.61%
Market Cap
$108.29B
Operating Margin
3.87%
TTM Avg
4.67%
3Y Avg
5.19%
5Y Avg
4.57%
Market Cap
$98.31B
Operating Margin
16.02%
TTM Avg
15.41%
3Y Avg
15.95%
5Y Avg
12.87%
Market Cap
$95.21B
Operating Margin
9.59%
TTM Avg
11.87%
3Y Avg
12.07%
5Y Avg
9.62%
Market Cap
$149.47B
Operating Margin
34.28%
TTM Avg
33.16%
3Y Avg
30.87%
5Y Avg
22.83%
Market Cap
$85.37B
Operating Margin
27.32%
TTM Avg
26.14%
3Y Avg
16.08%
5Y Avg
-66.10%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Starbucks Corporation (SBUX) | $119.98B | 10.52% | 9.53% | 12.43% | 13.33% |
| Lowe's Companies, Inc. (LOW)vs › | $116.57B | 11.55% | 11.93% | 12.56% | 12.52% |
| PDD Holdings Inc. (PDD)vs › | $126.06B | 22.17% | 24.55% | 24.02% | 14.61% |
| BYD Company Limited (BYDDY)vs › | $108.29B | 3.87% | 4.67% | 5.19% | 4.57% |
| Marriott International, Inc. (MAR)vs › | $98.31B | 16.02% | 15.41% | 15.95% | 12.87% |
| MercadoLibre, Inc. (MELI)vs › | $95.21B | 9.59% | 11.87% | 12.07% | 9.62% |
| Booking Holdings Inc. (BKNG)vs › | $149.47B | 34.28% | 33.16% | 30.87% | 22.83% |
| Airbnb, Inc. (ABNB)vs › | $89.93B | 20.49% | 21.89% | 20.13% | -3.09% |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $85.37B | 27.32% | 26.14% | 16.08% | -66.10% |
| Ross Stores, Inc. (ROST)vs › | $80.54B | 12.22% | 12.07% | 11.53% | 10.31% |
Gross Margin
31.8%
Operating Margin
10.5%
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 |
|---|---|
| 2026-06-28 | 10.52% |
| 2026-03-29 | 8.16% |
| 2025-12-28 | 9.18% |
| 2025-09-28 | 9.91% |
| 2025-06-29 | 9.89% |
| 2025-03-30 | 6.86% |
| 2024-12-29 | 11.94% |
| 2024-09-30 | 14.40% |
| 2024-06-30 | 16.65% |
| 2024-03-31 | 12.83% |
| 2023-12-31 | 15.76% |
| 2023-09-30 | 18.20% |
| 2023-07-02 | 17.28% |
| 2023-04-02 | 15.22% |
| 2023-01-01 | 14.38% |
| 2022-09-30 | 14.21% |
| 2022-07-03 | 15.90% |
| 2022-04-03 | 12.43% |
| 2022-01-02 | 14.63% |
| 2021-09-30 | 18.19% |
| 2021-06-27 | 19.86% |
| 2021-03-28 | 14.81% |
| 2020-12-27 | 13.53% |
| 2020-09-30 | 9.00% |
| 2020-06-28 | -16.67% |
| 2020-03-29 | 8.13% |
| 2019-12-29 | 17.19% |
| 2019-09-30 | 16.06% |
| 2019-06-30 | 16.43% |
| 2019-03-31 | 13.60% |
| 2018-12-30 | 15.31% |
| 2018-09-30 | 15.17% |
| 2018-07-01 | 16.45% |
| 2018-04-01 | 12.81% |
| 2017-12-31 | 18.38% |
| 2017-09-30 | 17.95% |
| 2017-07-02 | 18.44% |
| 2017-04-02 | 17.67% |
| 2017-01-01 | 19.76% |
| 2016-09-30 | 21.49% |
| 2016-06-26 | 19.52% |
| 2016-03-27 | 17.31% |
| 2015-12-27 | 19.69% |
| 2015-09-30 | 19.72% |
| 2015-06-28 | 19.23% |
| 2015-03-29 | 17.04% |
| 2014-12-28 | 19.06% |
| 2014-09-30 | 20.45% |
| 2014-06-29 | 18.50% |
| 2014-03-30 | 16.63% |
| 2013-12-29 | 19.19% |
| 2013-09-30 | -55.74% |
| 2013-06-30 | 16.47% |
| 2013-03-31 | 15.33% |
| 2012-12-30 | 16.62% |
| 2012-09-30 | 15.44% |
| 2012-07-01 | 14.88% |
| 2012-04-01 | 13.47% |
| 2012-01-01 | 16.18% |
| 2011-09-30 | 18.64% |
| 2011-07-03 | 13.72% |
| 2011-04-03 | 13.50% |
| 2011-01-02 | 17.01% |
| 2010-09-30 | 14.07% |
| 2010-06-27 | 11.16% |
| 2010-03-28 | 13.41% |
| 2009-12-27 | 12.95% |
| 2009-09-30 | 8.23% |
| 2009-06-28 | 8.49% |
| 2009-03-29 | 1.75% |
| 2008-12-28 | 4.50% |
| 2008-09-30 | 0.56% |
| 2008-06-29 | -0.84% |
| 2008-03-30 | 7.05% |
| 2007-12-30 | 12.04% |
| 2007-09-30 | 10.16% |
| 2007-07-01 | 10.39% |
| 2007-04-01 | 10.68% |
| 2006-12-31 | 13.57% |
| 2006-09-30 | 9.87% |
| 2006-07-02 | 10.93% |
| 2006-04-02 | 10.71% |
| 2006-01-01 | 14.47% |
| 2005-09-30 | 11.84% |
| 2005-07-03 | 12.46% |
| 2005-04-03 | 10.36% |
| 2005-01-02 | 14.30% |
| 2004-09-30 | 10.75% |
| 2004-06-27 | 11.66% |
| 2004-03-28 | 9.97% |
| 2003-12-28 | 13.63% |
| 2003-09-30 | 10.38% |
| 2003-06-29 | 10.23% |
| 2003-03-30 | 8.96% |
| 2002-12-29 | 12.04% |
| 2002-09-30 | 10.35% |
