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 20.73% is in line with its 5-year average of 21.67%, near the high end of its 5-year range (-7.53%–31.37%).
38.43% above its 12-month average of 14.98%.
Reported quarterly operating margin; no daily interpolation. Q4 FY2026 (2026-06-30): 23.13%.
OPERATING MARGIN
20.73%
OPERATING MARGIN AVG TTM
14.98%
OPERATING MARGIN AVG 3Y
18.91%
OPERATING MARGIN AVG 5Y
21.67%
OPERATING MARGIN AVG 10Y
21.73%
OPERATING MARGIN AVG 15Y
26.69%
OPERATING MARGIN AVG 20Y
35.33%
CURRENT VS TTM AVG
+38.43%
CURRENT VS 3Y AVG
+9.61%
CURRENT VS 5Y AVG
-4.33%
CURRENT VS 10Y AVG
-4.58%
CURRENT VS 15Y AVG
-22.34%
CURRENT VS 20Y AVG
-41.32%
SECTOR MEDIAN · HEALTHCARE
14.90%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+39.13%
vs the sector median at left
Bio-Techne Corporation
Market Cap
$11.37B
Operating Margin
20.73%
TTM Avg
14.98%
3Y Avg
18.91%
5Y Avg
21.67%
Market Cap
$10.83B
Operating Margin
11.36%
TTM Avg
11.05%
3Y Avg
9.46%
5Y Avg
10.06%
Market Cap
$10.80B
Operating Margin
12.84%
TTM Avg
17.41%
3Y Avg
16.25%
5Y Avg
15.86%
Market Cap
$12.08B
Operating Margin
-2.39%
TTM Avg
-1.31%
3Y Avg
-6.02%
5Y Avg
0.15%
Market Cap
$10.51B
Operating Margin
13.33%
TTM Avg
15.23%
3Y Avg
16.08%
5Y Avg
17.45%
Market Cap
$12.25B
Operating Margin
18.00%
TTM Avg
16.91%
3Y Avg
21.06%
5Y Avg
16.78%
Market Cap
$10.26B
Operating Margin
9.08%
TTM Avg
10.48%
3Y Avg
12.70%
5Y Avg
14.08%
Market Cap
$10.21B
Operating Margin
8.52%
TTM Avg
8.41%
3Y Avg
8.37%
5Y Avg
8.78%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bio-Techne Corporation (TECH) | $11.37B | 20.73% | 14.98% | 18.91% | 21.67% |
| DaVita Inc. (DVA)vs › | $11.46B | 15.06% | 15.52% | 13.94% | 14.32% |
| Universal Health Services, Inc. (UHS)vs › | $10.83B | 11.36% | 11.05% | 9.46% | 10.06% |
| The Cooper Companies, Inc. (COO)vs › | $10.80B | 12.84% | 17.41% | 16.25% | 15.86% |
| Baxter International Inc. (BAX)vs › | $12.08B | -2.39% | -1.31% | -6.02% | 0.15% |
| Align Technology, Inc. (ALGN)vs › | $10.51B | 13.33% | 15.23% | 16.08% | 17.45% |
| Encompass Health Corporation (EHC)vs › | $12.25B | 18.00% | 16.91% | 21.06% | 16.78% |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $10.26B | 9.08% | 10.48% | 12.70% | 14.08% |
| The Ensign Group, Inc. (ENSG)vs › | $10.21B | 8.52% | 8.41% | 8.37% | 8.78% |
| Penumbra, Inc. (PEN)vs › | $12.56B | 12.45% | 10.35% | 7.09% | 3.40% |
Gross Margin
65.8%
Operating Margin
20.7%
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 |
|---|---|
| 2026-06-30 | 23.13% |
| 2026-03-31 | 24.24% |
| 2025-12-31 | 18.41% |
| 2025-09-30 | 16.63% |
| 2025-06-30 | -7.53% |
| 2025-03-31 | 12.24% |
| 2024-12-31 | 15.96% |
| 2024-09-30 | 13.81% |
| 2024-06-30 | 14.97% |
| 2024-03-31 | 22.08% |
| 2023-12-31 | 13.94% |
| 2023-09-30 | 20.17% |
| 2023-06-30 | 31.37% |
| 2023-03-31 | 27.27% |
| 2022-12-31 | 25.00% |
| 2022-09-30 | 20.88% |
| 2022-06-30 | 27.95% |
| 2022-03-31 | 31.15% |
| 2021-12-31 | 23.15% |
| 2021-09-30 | 24.53% |
| 2021-06-30 | 26.48% |
| 2021-03-31 | 28.18% |
| 2020-12-31 | 22.74% |
| 2020-09-30 | 24.04% |
| 2020-06-30 | 22.36% |
| 2020-03-31 | 24.55% |
| 2019-12-31 | 20.00% |
| 2019-09-30 | 18.19% |
| 2019-06-30 | 22.57% |
| 2019-03-31 | 23.85% |
| 2018-12-31 | 19.26% |
| 2018-09-30 | 15.81% |
| 2018-06-30 | 23.81% |
| 2018-03-31 | 26.28% |
| 2017-12-31 | 15.66% |
| 2017-09-30 | 18.00% |
| 2017-06-30 | 26.49% |
| 2017-03-31 | 22.43% |
| 2016-12-31 | 12.25% |
| 2016-09-30 | 19.48% |
| 2016-06-30 | 29.69% |
| 2016-03-31 | 33.23% |
| 2015-12-31 | 29.80% |
| 2015-09-30 | 27.61% |
| 2015-06-30 | 32.13% |
| 2015-03-31 | 34.54% |
| 2014-12-31 | 30.89% |
| 2014-09-30 | 32.46% |
| 2014-06-30 | 41.99% |
| 2014-03-31 | 47.90% |
| 2013-12-31 | 42.54% |
| 2013-09-30 | 45.98% |
| 2013-06-30 | 50.10% |
| 2013-03-31 | 54.26% |
| 2012-12-31 | 49.15% |
| 2012-09-30 | 50.39% |
| 2012-06-30 | 52.39% |
| 2012-03-31 | 55.44% |
| 2011-12-31 | 50.47% |
| 2011-09-30 | 52.77% |
| 2011-06-30 | 54.59% |
| 2011-03-31 | 58.66% |
| 2010-12-31 | 55.16% |
| 2010-09-30 | 56.46% |
| 2010-06-30 | 58.35% |
| 2010-03-31 | 59.26% |
| 2009-12-31 | 55.79% |
| 2009-09-30 | 58.92% |
| 2009-06-30 | 56.15% |
| 2009-03-31 | 59.59% |
| 2008-12-31 | 52.78% |
| 2008-09-30 | 59.50% |
| 2008-06-30 | 57.25% |
| 2008-03-31 | 57.91% |
| 2007-12-31 | 52.95% |
| 2007-09-30 | 55.74% |
| 2007-06-30 | 55.58% |
| 2007-03-31 | 58.77% |
| 2006-12-31 | 52.40% |
| 2006-09-30 | 54.99% |
| 2006-06-30 | 55.14% |
| 2006-03-31 | 55.74% |
| 2005-12-31 | 50.57% |
| 2005-09-30 | 52.30% |
| 2005-06-30 | 56.33% |
| 2005-03-31 | 57.33% |
| 2004-12-31 | 52.29% |
| 2004-09-30 | 52.31% |
| 2004-06-30 | 52.47% |
| 2004-03-31 | 53.26% |
| 2003-12-31 | 48.23% |
| 2003-09-30 | 49.70% |
| 2003-06-30 | 48.34% |
| 2003-03-31 | 49.04% |
| 2002-12-31 | 43.74% |
| 2002-09-30 | 44.69% |
