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 12.49% is in line with its 5-year average of 11.55%, near the high end of its 5-year range (7.45%–13.96%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.96% above its 12-month average of 12.13%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
12.49%
OPERATING MARGIN AVG TTM
12.13%
OPERATING MARGIN AVG 3Y
12.67%
OPERATING MARGIN AVG 5Y
11.55%
OPERATING MARGIN AVG 10Y
10.50%
OPERATING MARGIN AVG 15Y
9.82%
OPERATING MARGIN AVG 20Y
9.24%
CURRENT VS TTM AVG
+2.96%
CURRENT VS 3Y AVG
-1.36%
CURRENT VS 5Y AVG
+8.18%
CURRENT VS 10Y AVG
+19.01%
CURRENT VS 15Y AVG
+27.16%
CURRENT VS 20Y AVG
+35.23%
SECTOR MEDIAN · INDUSTRIALS
13.71%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-8.88%
vs the sector median at left
Market Cap
$290.06B
Operating Margin
11.21%
TTM Avg
9.30%
3Y Avg
8.00%
5Y Avg
6.10%
Market Cap
$189.10B
Operating Margin
16.35%
TTM Avg
16.88%
3Y Avg
16.63%
5Y Avg
16.14%
Market Cap
$173.55B
Operating Margin
39.93%
TTM Avg
40.09%
3Y Avg
39.43%
5Y Avg
40.11%
Market Cap
$170.83B
Operating Margin
-5.41%
TTM Avg
-11.16%
3Y Avg
-7.16%
5Y Avg
-9.20%
Market Cap
$161.22B
Operating Margin
17.68%
TTM Avg
19.30%
3Y Avg
17.86%
5Y Avg
16.51%
Market Cap
$159.98B
Operating Margin
18.38%
TTM Avg
18.84%
3Y Avg
21.89%
5Y Avg
20.22%
Market Cap
$149.69B
Operating Margin
7.96%
TTM Avg
5.65%
3Y Avg
-0.29%
5Y Avg
-1.61%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Siemens AG (SIEGY) | $250.58B | 12.49% | 12.13% | 12.67% | 11.55% |
| RTX Corporation (RTX)vs › | $290.06B | 11.21% | 9.30% | 8.00% | 6.10% |
| Schneider Electric S.E. (SBGSY)vs › | $189.10B | 16.35% | 16.88% | 16.63% | 16.14% |
| ABB Ltd (ABBNY)vs › | $179.01B | 17.29% | 16.82% | 15.02% | 14.32% |
| Union Pacific Corporation (UNP)vs › | $173.55B | 39.93% | 40.09% | 39.43% | 40.11% |
| The Boeing Company (BA)vs › | $170.83B | -5.41% | -11.16% | -7.16% | -9.20% |
| Eaton Corporation plc (ETN)vs › | $161.22B | 17.68% | 19.30% | 17.86% | 16.51% |
| Deere & Company (DE)vs › | $159.98B | 18.38% | 18.84% | 21.89% | 20.22% |
| Siemens Energy AG (SMEGF)vs › | $149.69B | 7.96% | 5.65% | -0.29% | -1.61% |
| Lockheed Martin Corporation (LMT)vs › | $134.49B | 11.88% | 10.09% | 11.35% | 12.04% |
Gross Margin
38.9%
Operating Margin
12.5%
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 |
|---|---|
| 2026-03-31 | 12.49% |
| 2025-12-31 | 13.03% |
| 2025-09-30 | 8.15% |
| 2025-06-30 | 13.49% |
| 2025-03-31 | 13.50% |
| 2024-12-31 | 11.25% |
| 2024-09-30 | 12.74% |
| 2024-06-30 | 13.83% |
| 2024-03-31 | 10.88% |
| 2023-12-31 | 12.88% |
| 2023-09-30 | 13.96% |
| 2023-06-30 | 12.49% |
| 2023-03-31 | 11.45% |
| 2022-12-31 | 12.31% |
| 2022-09-30 | 7.83% |
| 2022-06-30 | 13.61% |
| 2022-03-31 | 7.45% |
| 2021-12-31 | 11.91% |
| 2021-09-30 | 8.89% |
| 2021-06-30 | 10.33% |
| 2021-03-31 | 10.04% |
| 2020-12-31 | 12.34% |
| 2020-09-30 | 9.11% |
| 2020-06-30 | 8.67% |
| 2020-03-31 | 17.43% |
| 2019-12-31 | 8.57% |
| 2019-09-30 | 12.48% |
| 2019-06-30 | 9.38% |
| 2019-03-31 | 9.48% |
| 2018-12-31 | 6.57% |
| 2018-09-30 | 6.03% |
| 2018-06-30 | 7.36% |
| 2018-03-31 | 8.49% |
| 2017-12-31 | 8.10% |
| 2017-09-30 | 6.34% |
| 2017-06-30 | 7.50% |
| 2017-03-31 | 11.42% |
| 2016-12-31 | 11.93% |
| 2016-09-30 | 7.35% |
| 2016-06-30 | 9.95% |
| 2016-03-31 | 9.35% |
| 2015-12-31 | 9.41% |
| 2015-09-30 | 6.17% |
| 2015-06-30 | 6.79% |
| 2015-03-31 | 8.54% |
| 2014-12-31 | 9.14% |
| 2014-09-30 | 7.07% |
| 2014-06-30 | 9.13% |
| 2014-03-31 | 7.95% |
| 2013-12-31 | 10.78% |
| 2013-09-30 | 5.38% |
| 2013-06-30 | 6.20% |
| 2013-03-31 | 7.09% |
| 2012-12-31 | 8.89% |
| 2012-09-30 | 8.51% |
| 2012-06-30 | 8.51% |
| 2012-03-31 | 10.17% |
| 2011-12-31 | 8.29% |
| 2011-09-30 | 10.04% |
| 2011-06-30 | 9.29% |
| 2011-03-31 | 11.57% |
| 2010-12-31 | 13.48% |
| 2010-09-30 | 8.70% |
| 2010-06-30 | 11.03% |
| 2010-03-31 | 10.43% |
| 2009-12-31 | 11.12% |
| 2009-09-30 | 8.77% |
| 2009-06-30 | 5.53% |
| 2009-03-31 | 7.75% |
| 2008-12-31 | 9.46% |
| 2008-09-30 | -6.02% |
| 2008-06-30 | 9.20% |
| 2008-03-31 | 4.17% |
| 2007-12-31 | 6.51% |
| 2007-09-30 | 8.98% |
| 2007-06-30 | 7.19% |
| 2007-03-31 | 8.44% |
| 2006-12-31 | 3.41% |
| 2006-09-30 | 3.40% |
| 2006-06-30 | 5.13% |
| 2006-03-31 | 5.24% |
| 2005-12-31 | 3.84% |
| 2005-09-30 | 3.00% |
| 2005-06-30 | 3.55% |
| 2005-03-31 | 4.52% |
| 2004-12-31 | 4.71% |
| 2004-09-30 | 3.24% |
| 2004-06-30 | 5.34% |
| 2004-03-31 | 3.55% |
| 2003-12-31 | 4.70% |
| 2003-09-30 | 2.42% |
| 2003-06-30 | 3.85% |
| 2003-03-31 | 3.61% |
| 2002-12-31 | 2.55% |
| 2002-09-30 | 0.30% |
| 2002-06-30 | 3.80% |
