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 43.67% is 21% above its 5-year average of 36.06%, near the high end of its 5-year range (18.97%–45.14%).
As of the fiscal period ended Tuesday, March 31, 2026. 4.49% above its 12-month average of 41.80%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
43.67%
OPERATING MARGIN AVG TTM
41.80%
OPERATING MARGIN AVG 3Y
32.85%
OPERATING MARGIN AVG 5Y
36.06%
OPERATING MARGIN AVG 10Y
38.68%
OPERATING MARGIN AVG 15Y
35.69%
OPERATING MARGIN AVG 20Y
34.53%
CURRENT VS TTM AVG
+4.49%
CURRENT VS 3Y AVG
+32.94%
CURRENT VS 5Y AVG
+21.12%
CURRENT VS 10Y AVG
+12.89%
CURRENT VS 15Y AVG
+22.35%
CURRENT VS 20Y AVG
+26.48%
SECTOR MEDIAN · FINANCIAL SERVICES
22.96%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+90.21%
vs the sector median at left
The Charles Schwab Corporation
Market Cap
$177.34B
Operating Margin
43.67%
TTM Avg
41.80%
3Y Avg
32.85%
5Y Avg
36.06%
Market Cap
$163.62B
Operating Margin
31.12%
TTM Avg
34.88%
3Y Avg
35.16%
5Y Avg
35.70%
Market Cap
$160.74B
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$158.53B
Operating Margin
87.09%
TTM Avg
85.08%
3Y Avg
82.13%
5Y Avg
76.31%
Market Cap
$156.13B
Operating Margin
50.31%
TTM Avg
54.35%
3Y Avg
48.73%
5Y Avg
53.98%
Market Cap
$222.55B
Operating Margin
17.14%
TTM Avg
17.26%
3Y Avg
16.84%
5Y Avg
17.11%
Market Cap
$126.21B
Operating Margin
43.88%
TTM Avg
40.76%
3Y Avg
39.48%
5Y Avg
42.90%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Charles Schwab Corporation (SCHW) | $177.34B | 43.67% | 41.80% | 32.85% | 36.06% |
| BlackRock, Inc. (BLK)vs › | $163.62B | 31.12% | 34.88% | 35.16% | 35.70% |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $160.74B | N/A | N/A | N/A | N/A |
| Interactive Brokers Group, Inc. (IBKR)vs › | $158.53B | 87.09% | 85.08% | 82.13% | 76.31% |
| Blackstone Inc. (BX)vs › | $156.13B | 50.31% | 54.35% | 48.73% | 53.98% |
| Chubb Limited (CB)vs › | $139.53B | 18.19% | 21.11% | 19.08% | 18.64% |
| American Express Company (AXP)vs › | $222.55B | 17.14% | 17.26% | 16.84% | 17.11% |
| Citigroup Inc. (C)vs › | $226.75B | 16.09% | 10.88% | 12.21% | 16.43% |
| S&P Global Inc. (SPGI)vs › | $126.21B | 43.88% | 40.76% | 39.48% | 42.90% |
| Capital One Financial Corporation (COF)vs › | $124.44B | 4.33% | 7.13% | 12.64% | 18.34% |
Gross Margin
87.6%
Operating Margin
43.7%
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 |
|---|---|
| 2026-03-31 | 43.67% |
| 2025-12-31 | 44.36% |
| 2025-09-30 | 42.91% |
| 2025-06-30 | 41.12% |
| 2025-03-31 | 36.92% |
| 2024-12-31 | 34.66% |
| 2024-09-30 | 28.11% |
| 2024-06-30 | 27.52% |
| 2024-03-31 | 27.88% |
| 2023-12-31 | 18.97% |
| 2023-09-30 | 21.62% |
| 2023-06-30 | 26.13% |
| 2023-03-31 | 33.17% |
| 2022-12-31 | 41.19% |
| 2022-09-30 | 45.14% |
| 2022-06-30 | 43.22% |
| 2022-03-31 | 38.25% |
| 2021-12-31 | 41.85% |
| 2021-09-30 | 42.85% |
| 2021-06-30 | 36.98% |
| 2021-03-31 | 40.67% |
| 2020-12-31 | 34.55% |
| 2020-09-30 | 35.00% |
| 2020-06-30 | 34.86% |
| 2020-03-31 | 38.03% |
| 2019-12-31 | 40.09% |
| 2019-09-30 | 41.59% |
| 2019-06-30 | 41.21% |
| 2019-03-31 | 41.58% |
| 2018-12-31 | 40.92% |
| 2018-09-30 | 43.43% |
| 2018-06-30 | 42.38% |
| 2018-03-31 | 39.20% |
| 2017-12-31 | 40.36% |
| 2017-09-30 | 41.83% |
| 2017-06-30 | 41.24% |
| 2017-03-31 | 39.47% |
| 2016-12-31 | 40.85% |
| 2016-09-30 | 40.61% |
| 2016-06-30 | 38.54% |
| 2016-03-31 | 36.31% |
| 2015-12-31 | 37.35% |
| 2015-09-30 | 35.85% |
| 2015-06-30 | 35.50% |
| 2015-03-31 | 31.21% |
| 2014-12-31 | 35.13% |
| 2014-09-30 | 32.85% |
| 2014-06-30 | 34.80% |
| 2014-03-31 | 34.68% |
| 2013-12-31 | 34.13% |
| 2013-09-30 | 33.29% |
| 2013-06-30 | 30.25% |
| 2013-03-31 | 25.00% |
| 2012-12-31 | 28.13% |
| 2012-09-30 | 29.00% |
| 2012-06-30 | 32.58% |
| 2012-03-31 | 25.51% |
| 2011-12-31 | 21.58% |
| 2011-09-30 | 28.89% |
| 2011-06-30 | 31.18% |
| 2011-03-31 | 31.20% |
| 2010-12-31 | 19.07% |
| 2010-09-30 | 17.70% |
| 2010-06-30 | 29.81% |
| 2010-03-31 | 1.24% |
| 2009-12-31 | 24.91% |
| 2009-09-30 | 29.52% |
| 2009-06-30 | 28.95% |
| 2009-03-31 | 30.47% |
| 2008-12-31 | 37.98% |
| 2008-09-30 | 37.10% |
| 2008-06-30 | 37.82% |
| 2008-03-31 | 36.34% |
| 2007-12-31 | 35.61% |
| 2007-09-30 | 35.29% |
| 2007-06-30 | 30.97% |
| 2007-03-31 | 29.62% |
| 2006-12-31 | 57.14% |
| 2006-09-30 | 30.58% |
| 2006-06-30 | 29.26% |
| 2006-03-31 | 29.29% |
| 2005-12-31 | 22.18% |
| 2005-09-30 | 25.00% |
| 2005-06-30 | 24.16% |
| 2005-03-31 | 20.55% |
| 2004-12-31 | 13.79% |
| 2004-09-30 | 6.72% |
| 2004-06-30 | 15.58% |
| 2004-03-31 | 21.00% |
| 2003-12-31 | 19.90% |
| 2003-09-30 | 17.81% |
| 2003-06-30 | 16.82% |
| 2003-03-31 | 10.06% |
| 2002-12-31 | -10.57% |
| 2002-09-30 | -0.45% |
| 2002-06-30 | 14.29% |
