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 28.34% is 18% below its 5-year average of 34.58%, around the middle of its 5-year range (16.61%–50.98%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.95% below its 12-month average of 29.81%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
28.34%
OPERATING MARGIN AVG TTM
29.81%
OPERATING MARGIN AVG 3Y
31.23%
OPERATING MARGIN AVG 5Y
32.15%
OPERATING MARGIN AVG 10Y
39.44%
OPERATING MARGIN AVG 15Y
41.51%
OPERATING MARGIN AVG 20Y
42.98%
CURRENT VS TTM AVG
-4.95%
CURRENT VS 3Y AVG
-9.26%
CURRENT VS 5Y AVG
-11.86%
CURRENT VS 10Y AVG
-28.15%
CURRENT VS 15Y AVG
-31.74%
CURRENT VS 20Y AVG
-34.06%
SECTOR MEDIAN · FINANCIAL SERVICES
22.93%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+23.58%
vs the sector median at left
T. Rowe Price Group, Inc.
Market Cap
$24.43B
Operating Margin
28.34%
TTM Avg
29.81%
3Y Avg
31.23%
5Y Avg
32.15%
Market Cap
$24.28B
Operating Margin
12.13%
TTM Avg
10.39%
3Y Avg
15.08%
5Y Avg
14.18%
Market Cap
$23.90B
Operating Margin
28.47%
TTM Avg
28.76%
3Y Avg
28.02%
5Y Avg
27.63%
Market Cap
$23.77B
Operating Margin
16.58%
TTM Avg
11.71%
3Y Avg
11.02%
5Y Avg
8.19%
Market Cap
$23.58B
Operating Margin
13.22%
TTM Avg
8.66%
3Y Avg
-2.78%
5Y Avg
-16.52%
Market Cap
$25.57B
Operating Margin
23.57%
TTM Avg
23.05%
3Y Avg
23.22%
5Y Avg
25.99%
Market Cap
$26.66B
Operating Margin
13.69%
TTM Avg
16.23%
3Y Avg
15.58%
5Y Avg
14.10%
Market Cap
$26.82B
Operating Margin
29.77%
TTM Avg
26.83%
3Y Avg
30.14%
5Y Avg
31.51%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| T. Rowe Price Group, Inc. (TROW) | $24.43B | 28.34% | 29.81% | 31.23% | 32.15% |
| KeyCorp (KEY)vs › | $24.53B | 18.05% | 8.61% | 14.51% | 20.70% |
| Principal Financial Group, Inc. (PFG)vs › | $24.28B | 12.13% | 10.39% | 15.08% | 14.18% |
| Brown & Brown, Inc. (BRO)vs › | $23.90B | 28.47% | 28.76% | 28.02% | 27.63% |
| Loews Corporation (L)vs › | $23.77B | 16.58% | 11.71% | 11.02% | 8.19% |
| SoFi Technologies, Inc. (SOFI)vs › | $23.58B | 13.22% | 8.66% | -2.78% | -16.52% |
| Synchrony Financial (SYF)vs › | $25.57B | 23.57% | 23.05% | 23.22% | 25.99% |
| W. R. Berkley Corporation (WRB)vs › | $26.66B | 13.69% | 16.23% | 15.58% | 14.10% |
| Regions Financial Corporation (RF)vs › | $26.82B | 29.77% | 26.83% | 30.14% | 31.51% |
| Cincinnati Financial Corporation (CINF)vs › | $27.14B | 29.83% | 24.40% | 15.24% | 19.88% |
Gross Margin
62.7%
Operating Margin
28.3%
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 | 28.34% |
| 2026-03-31 | 34.65% |
| 2025-12-31 | 24.35% |
| 2025-09-30 | 33.97% |
| 2025-06-30 | 27.75% |
| 2025-03-31 | 33.81% |
| 2024-12-31 | 31.15% |
| 2024-09-30 | 34.36% |
| 2024-06-30 | 32.58% |
| 2024-03-31 | 33.52% |
| 2023-12-31 | 23.58% |
| 2023-09-30 | 34.79% |
| 2023-06-30 | 33.13% |
| 2023-03-31 | 31.49% |
| 2022-12-31 | 16.61% |
| 2022-09-30 | 36.18% |
| 2022-06-30 | 44.19% |
| 2022-03-31 | 47.10% |
| 2021-12-31 | 43.97% |
| 2021-09-30 | 50.98% |
| 2021-06-30 | 49.66% |
| 2021-03-31 | 48.89% |
| 2020-12-31 | 43.62% |
| 2020-09-30 | 45.68% |
| 2020-06-30 | 39.12% |
| 2020-03-31 | 48.35% |
| 2019-12-31 | 39.51% |
| 2019-09-30 | 46.20% |
| 2019-06-30 | 44.09% |
| 2019-03-31 | 40.12% |
| 2018-12-31 | 41.56% |
| 2018-09-30 | 45.93% |
| 2018-06-30 | 44.22% |
| 2018-03-31 | 43.96% |
| 2017-12-31 | 41.29% |
| 2017-09-30 | 44.28% |
| 2017-06-30 | 42.80% |
| 2017-03-31 | 46.06% |
| 2016-12-31 | 51.62% |
| 2016-09-30 | 43.53% |
| 2016-06-30 | 27.14% |
| 2016-03-31 | 41.33% |
| 2015-12-31 | 43.24% |
| 2015-09-30 | 43.69% |
| 2015-06-30 | 47.35% |
| 2015-03-31 | 46.52% |
| 2014-12-31 | 46.95% |
| 2014-09-30 | 47.87% |
| 2014-06-30 | 48.06% |
| 2014-03-31 | 47.05% |
| 2013-12-31 | 47.33% |
| 2013-09-30 | 48.16% |
| 2013-06-30 | 46.68% |
| 2013-03-31 | 45.68% |
| 2012-12-31 | 45.74% |
| 2012-09-30 | 46.63% |
| 2012-06-30 | 44.52% |
| 2012-03-31 | 43.39% |
| 2011-12-31 | 43.72% |
| 2011-09-30 | 43.45% |
| 2011-06-30 | 45.76% |
| 2011-03-31 | 45.65% |
| 2010-12-31 | 43.68% |
| 2010-09-30 | 44.69% |
| 2010-06-30 | 43.83% |
| 2010-03-31 | 42.92% |
| 2009-12-31 | 42.00% |
| 2009-09-30 | 41.62% |
| 2009-06-30 | 34.80% |
| 2009-03-31 | 28.76% |
| 2008-12-31 | 29.09% |
| 2008-09-30 | 43.04% |
| 2008-06-30 | 44.09% |
| 2008-03-31 | 41.16% |
| 2007-12-31 | 43.93% |
| 2007-09-30 | 46.20% |
| 2007-06-30 | 45.56% |
| 2007-03-31 | 43.06% |
| 2006-12-31 | 43.95% |
| 2006-09-30 | 44.40% |
| 2006-06-30 | 43.25% |
| 2006-03-31 | 41.48% |
| 2005-12-31 | 42.79% |
| 2005-09-30 | 46.16% |
| 2005-06-30 | 42.67% |
| 2005-03-31 | 41.25% |
| 2004-12-31 | 41.53% |
| 2004-09-30 | 41.29% |
| 2004-06-30 | 41.23% |
| 2004-03-31 | 40.09% |
| 2003-12-31 | 39.10% |
| 2003-09-30 | 40.86% |
| 2003-06-30 | 35.60% |
| 2003-03-31 | 29.36% |
| 2002-12-31 | 34.22% |
| 2002-09-30 | 32.53% |