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 7.86% is 14% below its 5-year average of 9.15%, around the middle of its 5-year range (4.52%–13.96%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.74% above its 12-month average of 7.51%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
7.86%
OPERATING MARGIN AVG TTM
7.51%
OPERATING MARGIN AVG 3Y
9.66%
OPERATING MARGIN AVG 5Y
9.15%
OPERATING MARGIN AVG 10Y
8.68%
OPERATING MARGIN AVG 15Y
8.53%
OPERATING MARGIN AVG 20Y
7.72%
CURRENT VS TTM AVG
+4.74%
CURRENT VS 3Y AVG
-18.60%
CURRENT VS 5Y AVG
-14.11%
CURRENT VS 10Y AVG
-9.40%
CURRENT VS 15Y AVG
-7.78%
CURRENT VS 20Y AVG
+1.88%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.93%
median of 94 covered companies
CURRENT VS SECTOR MEDIAN
-28.03%
vs the sector median at left
Toyota Motor Corporation
Market Cap
$232.74B
Operating Margin
7.86%
TTM Avg
7.51%
3Y Avg
9.66%
5Y Avg
9.15%
Market Cap
$258.61B
Operating Margin
21.88%
TTM Avg
22.10%
3Y Avg
24.23%
5Y Avg
23.57%
Market Cap
$273.24B
Operating Margin
4.23%
TTM Avg
9.98%
3Y Avg
10.89%
5Y Avg
10.70%
Market Cap
$191.80B
Operating Margin
40.10%
TTM Avg
40.32%
3Y Avg
40.80%
5Y Avg
39.16%
Market Cap
$187.25B
Operating Margin
45.84%
TTM Avg
45.64%
3Y Avg
44.35%
5Y Avg
43.35%
Market Cap
$154.27B
Operating Margin
34.49%
TTM Avg
33.16%
3Y Avg
30.87%
5Y Avg
22.83%
Market Cap
$147.93B
Operating Margin
12.83%
TTM Avg
11.54%
3Y Avg
10.87%
5Y Avg
9.18%
Market Cap
$326.88B
Operating Margin
12.43%
TTM Avg
13.09%
3Y Avg
13.46%
5Y Avg
14.18%
Market Cap
$121.13B
Operating Margin
9.43%
TTM Avg
12.29%
3Y Avg
13.81%
5Y Avg
13.10%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Toyota Motor Corporation (TM) | $232.74B | 7.86% | 7.51% | 9.66% | 9.15% |
| LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY)vs › | $258.61B | 21.88% | 22.10% | 24.23% | 23.57% |
| Alibaba Group Holding Limited (BABA)vs › | $273.24B | 4.23% | 9.98% | 10.89% | 10.70% |
| Hermes International Societe en commandite par actions Unsponsored ADR (HESAY)vs › | $191.80B | 40.10% | 40.32% | 40.80% | 39.16% |
| McDonald's Corporation (MCD)vs › | $187.25B | 45.84% | 45.64% | 44.35% | 43.35% |
| Booking Holdings Inc. (BKNG)vs › | $154.27B | 34.49% | 33.16% | 30.87% | 22.83% |
| The TJX Companies, Inc. (TJX)vs › | $147.93B | 12.83% | 11.54% | 10.87% | 9.18% |
| The Home Depot, Inc. (HD)vs › | $326.88B | 12.43% | 13.09% | 13.46% | 14.18% |
| Starbucks Corporation (SBUX)vs › | $121.13B | 9.43% | 12.29% | 13.81% | 13.10% |
| PDD Holdings Inc. (PDD)vs › | $119.57B | 22.17% | 24.55% | 24.02% | 14.61% |
Gross Margin
16.7%
Operating Margin
7.9%
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 | 7.86% |
| 2026-03-31 | 4.52% |
| 2025-12-31 | 8.85% |
| 2025-09-30 | 6.78% |
| 2025-06-30 | 9.52% |
| 2025-03-31 | 9.03% |
| 2024-12-31 | 9.81% |
| 2024-09-30 | 10.10% |
| 2024-06-30 | 11.05% |
| 2024-03-31 | 10.05% |
| 2023-12-31 | 13.96% |
| 2023-09-30 | 12.58% |
| 2023-06-30 | 10.63% |
| 2023-03-31 | 6.47% |
| 2022-12-31 | 9.81% |
| 2022-09-30 | 6.11% |
| 2022-06-30 | 6.81% |
| 2022-03-31 | 5.72% |
| 2021-12-31 | 10.07% |
| 2021-09-30 | 9.94% |
| 2021-06-30 | 12.57% |
| 2021-03-31 | 8.97% |
| 2020-12-31 | 12.12% |
| 2020-09-30 | 7.47% |
| 2020-06-30 | 0.30% |
| 2020-03-31 | 4.84% |
| 2019-12-31 | 8.67% |
| 2019-09-30 | 8.67% |
| 2019-06-30 | 9.70% |
| 2019-03-31 | 6.83% |
| 2018-12-31 | 8.67% |
| 2018-09-30 | 7.92% |
| 2018-06-30 | 9.27% |
| 2018-03-31 | 8.30% |
| 2017-12-31 | 8.86% |
| 2017-09-30 | 7.31% |
| 2017-06-30 | 8.15% |
| 2017-03-31 | 5.90% |
| 2016-12-31 | 6.19% |
| 2016-09-30 | 7.32% |
| 2016-06-30 | 9.75% |
| 2016-03-31 | 7.86% |
| 2015-12-31 | 9.84% |
| 2015-09-30 | 11.65% |
| 2015-06-30 | 10.82% |
| 2015-03-31 | 8.93% |
| 2014-12-31 | 10.64% |
| 2014-09-30 | 10.06% |
| 2014-06-30 | 10.84% |
| 2014-03-31 | 6.64% |
| 2013-12-31 | 9.12% |
| 2013-09-30 | 9.42% |
| 2013-06-30 | 10.61% |
| 2013-03-31 | 8.61% |
| 2012-12-31 | 2.35% |
| 2012-09-30 | 6.30% |
| 2012-06-30 | 6.42% |
| 2012-03-31 | 4.18% |
| 2011-12-31 | 3.08% |
| 2011-09-30 | 1.65% |
| 2011-06-30 | -3.14% |
| 2011-03-31 | 0.99% |
| 2010-12-31 | 2.12% |
| 2010-09-30 | 2.32% |
| 2010-06-30 | 4.34% |
| 2010-03-31 | 1.80% |
| 2009-12-31 | 3.57% |
| 2009-09-30 | 1.28% |
| 2009-06-30 | -5.08% |
| 2009-03-31 | -19.20% |
| 2008-12-31 | -7.51% |
| 2008-09-30 | 2.84% |
| 2008-06-30 | 6.64% |
| 2008-03-31 | 5.95% |
| 2007-12-31 | 8.96% |
| 2007-09-30 | 9.20% |
| 2007-06-30 | 10.35% |
| 2007-03-31 | 9.01% |
| 2006-12-31 | 9.35% |
| 2006-09-30 | 9.96% |
| 2006-06-30 | 9.09% |
| 2006-03-31 | 10.35% |
| 2005-12-31 | 9.04% |
| 2005-09-30 | 8.13% |
| 2005-06-30 | 8.13% |
| 2005-03-31 | 8.06% |
| 2004-12-31 | 9.11% |
| 2004-09-30 | 9.24% |
| 2004-06-30 | 9.95% |
| 2004-03-31 | 10.59% |
| 2003-12-31 | 9.16% |
| 2003-09-30 | 9.34% |
| 2003-06-30 | 8.33% |
| 2003-03-31 | 5.61% |
| 2002-12-31 | 9.06% |
| 2002-09-30 | 9.00% |