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 24.85% is 24% above its 5-year average of 20.10%, around the middle of its 5-year range (-23.68%–69.47%).
3.59% above its 12-month average of 23.99%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 25.46%.
OPERATING MARGIN
24.85%
OPERATING MARGIN AVG TTM
23.99%
OPERATING MARGIN AVG 3Y
17.88%
OPERATING MARGIN AVG 5Y
20.10%
OPERATING MARGIN AVG 10Y
24.86%
OPERATING MARGIN AVG 15Y
29.79%
OPERATING MARGIN AVG 20Y
25.75%
CURRENT VS TTM AVG
+3.59%
CURRENT VS 3Y AVG
+38.97%
CURRENT VS 5Y AVG
+23.64%
CURRENT VS 10Y AVG
-0.05%
CURRENT VS 15Y AVG
-16.57%
CURRENT VS 20Y AVG
-3.48%
SECTOR MEDIAN · FINANCIAL SERVICES
16.09%
median of 716 covered companies
CURRENT VS SECTOR MEDIAN
+54.44%
vs the sector median at left
Texas Capital Bancshares, Inc.
Market Cap
$4.00B
Operating Margin
24.85%
TTM Avg
23.99%
3Y Avg
17.88%
5Y Avg
20.10%
Market Cap
$4.03B
Operating Margin
33.16%
TTM Avg
26.13%
3Y Avg
33.77%
5Y Avg
37.03%
Market Cap
$3.96B
Operating Margin
31.34%
TTM Avg
26.39%
3Y Avg
28.21%
5Y Avg
31.50%
Market Cap
$4.05B
Operating Margin
24.85%
TTM Avg
14.14%
3Y Avg
19.18%
5Y Avg
19.80%
Market Cap
$3.87B
Operating Margin
15.37%
TTM Avg
14.21%
3Y Avg
13.04%
5Y Avg
12.66%
Market Cap
$3.87B
Operating Margin
19.68%
TTM Avg
19.61%
3Y Avg
25.14%
5Y Avg
28.67%
Market Cap
$3.83B
Operating Margin
22.66%
TTM Avg
24.12%
3Y Avg
32.30%
5Y Avg
31.61%
Market Cap
$4.18B
Operating Margin
-90.64%
TTM Avg
-22.00%
3Y Avg
-139.75%
5Y Avg
-136.75%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Texas Capital Bancshares, Inc. (TCBIO) | $4.00B | 24.85% | 23.99% | 17.88% | 20.10% |
| Cathay General Bancorp (CATY)vs › | $4.03B | 33.16% | 26.13% | 33.77% | 37.03% |
| WSFS Financial Corporation (WSFS)vs › | $3.96B | 31.34% | 26.39% | 28.21% | 31.50% |
| Texas Capital Bancshares, Inc. (TCBI)vs › | $4.05B | 24.85% | 14.14% | 19.18% | 19.80% |
| CorVel Corporation (CRVL)vs › | $3.87B | 15.37% | 14.21% | 13.04% | 12.66% |
| WesBanco, Inc. (WSBCO)vs › | $3.87B | 19.68% | 19.61% | 25.14% | 28.67% |
| Defiance Quantum ETF (QTUM)vs › | $4.14B | N/A | N/A | N/A | N/A |
| Independent Bank Corp. (INDB)vs › | $3.83B | 22.66% | 24.12% | 32.30% | 31.61% |
| Marathon Digital Holdings, Inc. (MARA)vs › | $4.18B | -90.64% | -22.00% | -139.75% | -136.75% |
| Sezzle Inc. (SEZL)vs › | $3.80B | 40.39% | 34.80% | 15.22% | -7.78% |
Operating Margin
24.9%
Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
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 | 25.46% |
| 2026-03-31 | 19.33% |
| 2025-12-31 | 28.41% |
| 2025-09-30 | 26.04% |
| 2025-06-30 | 20.70% |
| 2025-03-31 | 12.82% |
| 2024-12-31 | 19.02% |
| 2024-09-30 | -23.68% |
| 2024-06-30 | 12.40% |
| 2024-03-31 | 7.62% |
| 2023-12-31 | 5.68% |
| 2023-09-30 | 17.15% |
| 2023-06-30 | 19.95% |
| 2023-03-31 | 12.00% |
| 2022-12-31 | 69.47% |
| 2022-09-30 | 15.94% |
| 2022-06-30 | 16.93% |
| 2022-03-31 | 23.05% |
| 2021-12-31 | 35.35% |
| 2021-09-30 | 23.99% |
| 2021-06-30 | 40.06% |
| 2021-03-31 | 37.27% |
| 2020-12-31 | 29.42% |
| 2020-09-30 | 24.74% |
| 2020-06-30 | -13.86% |
| 2020-03-31 | -7.07% |
| 2019-12-31 | 25.66% |
| 2019-09-30 | 30.51% |
| 2019-06-30 | 27.16% |
| 2019-03-31 | 30.05% |
| 2018-12-31 | 27.24% |
| 2018-09-30 | 33.60% |
| 2018-06-30 | 29.98% |
| 2018-03-31 | 33.81% |
| 2017-12-31 | 36.25% |
| 2017-09-30 | 35.03% |
| 2017-06-30 | 34.29% |
| 2017-03-31 | 32.80% |
| 2016-12-31 | 35.92% |
| 2016-09-30 | 33.56% |
| 2016-06-30 | 32.70% |
| 2016-03-31 | 22.96% |
| 2015-12-31 | 31.58% |
| 2015-09-30 | 35.10% |
| 2015-06-30 | 35.68% |
| 2015-03-31 | 35.75% |
| 2014-12-31 | 39.04% |
| 2014-09-30 | 39.57% |
| 2014-06-30 | 38.55% |
| 2014-03-31 | 34.93% |
| 2013-12-31 | 36.68% |
| 2013-09-30 | 41.54% |
| 2013-06-30 | 30.93% |
| 2013-03-31 | 44.71% |
| 2012-12-31 | 40.97% |
| 2012-09-30 | 45.21% |
| 2012-06-30 | 43.51% |
| 2012-03-31 | 41.19% |
| 2011-12-31 | 40.00% |
| 2011-09-30 | 36.99% |
| 2011-06-30 | 30.98% |
| 2011-03-31 | 23.50% |
| 2010-12-31 | 21.93% |
| 2010-09-30 | 18.10% |
| 2010-06-30 | 16.29% |
| 2010-03-31 | 16.13% |
| 2009-12-31 | 13.19% |
| 2009-09-30 | 11.73% |
| 2009-06-30 | 14.60% |
| 2009-03-31 | 14.85% |
| 2008-12-31 | 8.05% |
| 2008-09-30 | 17.10% |
| 2008-06-30 | 13.23% |
| 2008-03-31 | 16.91% |
| 2007-12-31 | 12.55% |
| 2007-09-30 | 16.44% |
| 2007-06-30 | 16.53% |
| 2007-03-31 | 15.92% |
| 2006-12-31 | 16.72% |
| 2006-09-30 | 18.11% |
| 2006-06-30 | 15.62% |
| 2006-03-31 | 19.26% |
| 2005-12-31 | 21.22% |
| 2005-09-30 | 24.35% |
| 2005-06-30 | 22.77% |
| 2005-03-31 | 20.83% |
| 2004-12-31 | 25.04% |
| 2004-09-30 | 24.26% |
| 2004-06-30 | 23.10% |
| 2004-03-31 | 21.30% |
| 2003-12-31 | 21.05% |
| 2003-09-30 | 20.89% |
| 2003-06-30 | -12.49% |
| 2003-03-31 | 18.92% |
| 2002-12-31 | 5.33% |
| 2002-09-30 | 22.48% |
