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 34.75% is in line with its 5-year average of 32.86%, around the middle of its 5-year range (26.00%–40.47%).
As of the fiscal period ended Sunday, May 31, 2026. 9.37% above its 12-month average of 31.77%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
34.75%
OPERATING MARGIN AVG TTM
31.77%
OPERATING MARGIN AVG 3Y
33.10%
OPERATING MARGIN AVG 5Y
32.48%
OPERATING MARGIN AVG 10Y
32.47%
OPERATING MARGIN AVG 15Y
29.68%
OPERATING MARGIN AVG 20Y
25.19%
CURRENT VS TTM AVG
+9.37%
CURRENT VS 3Y AVG
+4.97%
CURRENT VS 5Y AVG
+6.98%
CURRENT VS 10Y AVG
+7.03%
CURRENT VS 15Y AVG
+17.09%
CURRENT VS 20Y AVG
+37.93%
SECTOR MEDIAN · CONSUMER DEFENSIVE
11.75%
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+195.60%
vs the sector median at left
Constellation Brands, Inc.
Market Cap
$22.24B
Operating Margin
34.75%
TTM Avg
31.77%
3Y Avg
33.10%
5Y Avg
32.48%
Market Cap
$23.41B
Operating Margin
17.47%
TTM Avg
15.30%
3Y Avg
14.93%
5Y Avg
16.93%
Market Cap
$19.08B
Operating Margin
20.02%
TTM Avg
15.06%
3Y Avg
16.43%
5Y Avg
16.94%
Market Cap
$28.02B
Operating Margin
5.26%
TTM Avg
4.69%
3Y Avg
6.12%
5Y Avg
6.78%
Market Cap
$30.34B
Operating Margin
7.56%
TTM Avg
6.46%
3Y Avg
10.07%
5Y Avg
10.11%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Constellation Brands, Inc. (STZ) | $22.24B | 34.75% | 31.77% | 33.10% | 32.48% |
| Church & Dwight Co., Inc. (CHD)vs › | $23.41B | 17.47% | 15.30% | 14.93% | 16.93% |
| Tyson Foods, Inc. (TSN)vs › | $20.63B | 2.30% | 2.65% | 3.21% | 4.85% |
| Bunge Global S.A. (BG)vs › | $20.41B | 2.27% | 2.44% | 3.39% | 3.44% |
| Dollar Tree, Inc. (DLTR)vs › | $24.45B | 8.54% | 8.28% | 9.04% | 9.52% |
| General Mills, Inc. (GIS)vs › | $19.08B | 20.02% | 15.06% | 16.43% | 16.94% |
| Dollar General Corporation (DG)vs › | $28.02B | 5.26% | 4.69% | 6.12% | 6.78% |
| Kellanova (K)vs › | $29.03B | 14.61% | 13.08% | 11.88% | 11.77% |
| The Estée Lauder Companies Inc. (EL)vs › | $30.34B | 7.56% | 6.46% | 10.07% | 10.11% |
| The Kraft Heinz Company (KHC)vs › | $30.65B | -19.16% | -6.10% | 4.67% | 6.39% |
Gross Margin
52.6%
Operating Margin
34.7%
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 |
|---|---|
| 2026-05-31 | 34.75% |
| 2026-02-28 | 26.00% |
| 2025-11-30 | 31.13% |
| 2025-08-31 | 35.23% |
| 2025-05-31 | 31.75% |
| 2025-02-28 | 40.47% |
| 2024-11-30 | 31.77% |
| 2024-08-31 | 37.26% |
| 2024-05-31 | 33.07% |
| 2024-02-29 | 29.49% |
| 2023-11-30 | 34.02% |
| 2023-08-31 | 34.29% |
| 2023-05-31 | 31.37% |
| 2023-02-28 | 29.42% |
| 2022-11-30 | 31.66% |
| 2022-08-31 | 32.39% |
| 2022-05-31 | 35.95% |
| 2022-02-28 | 29.86% |
| 2021-11-30 | 36.51% |
| 2021-08-31 | 30.27% |
| 2021-05-31 | 33.46% |
| 2021-02-28 | 26.20% |
| 2020-11-30 | 33.87% |
| 2020-08-31 | 38.52% |
| 2020-05-31 | 38.40% |
| 2020-02-29 | 29.95% |
| 2019-11-30 | 32.91% |
| 2019-08-31 | 36.47% |
| 2019-05-31 | 35.85% |
| 2019-02-28 | 32.76% |
| 2018-11-30 | 32.47% |
| 2018-08-31 | 35.07% |
| 2018-05-31 | 30.13% |
| 2018-02-28 | 29.49% |
| 2017-11-30 | 27.17% |
| 2017-08-31 | 34.35% |
| 2017-05-31 | 29.10% |
| 2017-02-28 | 27.49% |
| 2016-11-30 | 30.11% |
| 2016-08-31 | 31.15% |
| 2016-05-31 | 29.53% |
| 2016-02-29 | 26.64% |
| 2015-11-30 | 27.27% |
| 2015-08-31 | 27.66% |
| 2015-05-31 | 26.19% |
| 2015-02-28 | 26.08% |
| 2014-11-30 | 24.36% |
| 2014-08-31 | 23.61% |
| 2014-05-31 | 25.70% |
| 2014-02-28 | 25.51% |
| 2013-11-30 | 25.21% |
| 2013-08-31 | 27.23% |
| 2013-05-31 | 10.47% |
| 2013-02-28 | 18.31% |
| 2012-11-30 | 20.71% |
| 2012-08-31 | 18.70% |
| 2012-05-31 | 16.71% |
| 2012-02-29 | 12.64% |
| 2011-11-30 | 22.88% |
| 2011-08-31 | 21.02% |
| 2011-05-31 | 16.01% |
| 2011-02-28 | 14.39% |
| 2010-11-30 | 17.60% |
| 2010-08-31 | 15.44% |
| 2010-05-31 | 12.23% |
| 2010-02-28 | -6.32% |
| 2009-11-30 | 13.63% |
| 2009-08-31 | 15.81% |
| 2009-05-31 | 10.50% |
| 2009-02-28 | -39.03% |
| 2008-11-30 | 19.17% |
| 2008-08-31 | 2.25% |
| 2008-05-31 | 9.73% |
| 2008-02-29 | -83.72% |
| 2007-11-30 | 18.11% |
| 2007-08-31 | 13.13% |
| 2007-05-31 | 7.57% |
| 2007-02-28 | 12.16% |
| 2006-11-30 | 15.71% |
| 2006-08-31 | 12.79% |
| 2006-05-31 | 12.37% |
| 2006-02-28 | 12.48% |
| 2005-11-30 | 17.47% |
| 2005-08-31 | 14.61% |
| 2005-05-31 | 12.75% |
| 2005-02-28 | 11.53% |
| 2004-11-30 | 16.73% |
| 2004-08-31 | 15.06% |
| 2004-05-31 | 11.91% |
| 2004-02-29 | 14.87% |
| 2003-11-30 | 16.33% |
| 2003-08-31 | 10.58% |
| 2003-05-31 | 12.83% |
| 2003-02-28 | 13.07% |
| 2002-11-30 | 17.34% |
| 2002-08-31 | 15.32% |
