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 25.47% is 24% below its 5-year average of 33.73%, near the low end of its 5-year range (10.31%–62.29%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.52% below its 12-month average of 27.25%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
25.47%
OPERATING MARGIN AVG TTM
27.25%
OPERATING MARGIN AVG 3Y
30.42%
OPERATING MARGIN AVG 5Y
31.93%
OPERATING MARGIN AVG 10Y
30.92%
OPERATING MARGIN AVG 15Y
29.51%
OPERATING MARGIN AVG 20Y
33.28%
CURRENT VS TTM AVG
-6.52%
CURRENT VS 3Y AVG
-16.27%
CURRENT VS 5Y AVG
-20.22%
CURRENT VS 10Y AVG
-17.62%
CURRENT VS 15Y AVG
-13.67%
CURRENT VS 20Y AVG
-23.45%
SECTOR MEDIAN · BASIC MATERIALS
14.15%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+80.02%
vs the sector median at left
Market Cap
$62.09B
Operating Margin
11.47%
TTM Avg
8.93%
3Y Avg
15.28%
5Y Avg
14.44%
Market Cap
$60.94B
Operating Margin
71.81%
TTM Avg
58.56%
3Y Avg
53.73%
5Y Avg
54.19%
Market Cap
$67.57B
Operating Margin
-4.71%
TTM Avg
14.81%
3Y Avg
16.96%
5Y Avg
19.20%
Market Cap
$73.20B
Operating Margin
51.71%
TTM Avg
41.12%
3Y Avg
33.81%
5Y Avg
34.92%
Market Cap
$51.39B
Operating Margin
17.08%
TTM Avg
13.73%
3Y Avg
12.69%
5Y Avg
10.85%
Market Cap
$37.62B
Operating Margin
10.57%
TTM Avg
9.60%
3Y Avg
14.71%
5Y Avg
15.17%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vale S.A. (VALE) | $62.73B | 25.47% | 27.25% | 30.42% | 31.93% |
| Nucor Corporation (NUE)vs › | $62.09B | 11.47% | 8.93% | 15.28% | 14.44% |
| Wheaton Precious Metals Corp. (WPM)vs › | $60.94B | 71.81% | 58.56% | 53.73% | 54.19% |
| CRH plc (CRH)vs › | $67.14B | 13.48% | 14.27% | 13.76% | 12.85% |
| Air Products and Chemicals, Inc. (APD)vs › | $67.57B | -4.71% | 14.81% | 16.96% | 19.20% |
| Barrick Mining Corporation (B)vs › | $73.20B | 51.71% | 41.12% | 33.81% | 34.92% |
| Corteva, Inc. (CTVA)vs › | $51.39B | 17.08% | 13.73% | 12.69% | 10.85% |
| Ecolab Inc. (ECL)vs › | $80.26B | 17.37% | 17.36% | 15.04% | 14.65% |
| Steel Dynamics, Inc. (STLD)vs › | $37.62B | 10.57% | 9.60% | 14.71% | 15.17% |
| Vulcan Materials Company (VMC)vs › | $36.89B | 19.92% | 19.23% | 17.45% | 17.74% |
Gross Margin
34.3%
Operating Margin
25.5%
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 | 25.47% |
| 2026-03-31 | 28.84% |
| 2025-12-31 | 26.33% |
| 2025-09-30 | 32.84% |
| 2025-06-30 | 22.76% |
| 2025-03-31 | 22.16% |
| 2024-12-31 | 10.31% |
| 2024-09-30 | 38.47% |
| 2024-06-30 | 39.06% |
| 2024-03-31 | 28.94% |
| 2023-12-31 | 39.70% |
| 2023-09-30 | 30.83% |
| 2023-06-30 | 29.69% |
| 2023-03-31 | 34.16% |
| 2022-12-31 | 29.24% |
| 2022-09-30 | 28.43% |
| 2022-06-30 | 38.46% |
| 2022-03-31 | 61.04% |
| 2021-12-31 | 29.14% |
| 2021-09-30 | 50.19% |
| 2021-06-30 | 62.29% |
| 2021-03-31 | 61.03% |
| 2020-12-31 | 12.15% |
| 2020-09-30 | 46.47% |
| 2020-06-30 | 27.72% |
| 2020-03-31 | 28.17% |
| 2019-12-31 | -24.24% |
| 2019-09-30 | 35.40% |
| 2019-06-30 | 19.62% |
| 2019-03-31 | -20.54% |
| 2018-12-31 | 29.20% |
| 2018-09-30 | 34.28% |
| 2018-06-30 | 33.12% |
| 2018-03-31 | 34.46% |
| 2017-12-31 | 27.05% |
| 2017-09-30 | 33.31% |
| 2017-06-30 | 21.05% |
| 2017-03-31 | 45.94% |
| 2016-12-31 | 33.18% |
| 2016-09-30 | 27.73% |
| 2016-06-30 | 19.21% |
| 2016-03-31 | 20.18% |
| 2015-12-31 | -146.38% |
| 2015-09-30 | 12.08% |
| 2015-06-30 | 14.14% |
| 2015-03-31 | 11.75% |
| 2014-12-31 | 3.37% |
| 2014-09-30 | 17.93% |
| 2014-06-30 | 22.43% |
| 2014-03-31 | 31.79% |
| 2013-12-31 | 19.30% |
| 2013-09-30 | 38.41% |
| 2013-06-30 | 32.65% |
| 2013-03-31 | 38.01% |
| 2012-12-31 | -7.94% |
| 2012-09-30 | 24.68% |
| 2012-06-30 | 32.99% |
| 2012-03-31 | 34.83% |
| 2011-12-31 | 42.55% |
| 2011-09-30 | 51.57% |
| 2011-06-30 | 51.68% |
| 2011-03-31 | 60.31% |
| 2010-12-31 | 48.01% |
| 2010-09-30 | 55.57% |
| 2010-06-30 | 47.94% |
| 2010-03-31 | 31.22% |
| 2009-12-31 | 22.67% |
| 2009-09-30 | 29.18% |
| 2009-06-30 | 19.73% |
| 2009-03-31 | 31.65% |
| 2008-12-31 | 18.84% |
| 2008-09-30 | 48.85% |
| 2008-06-30 | 49.39% |
| 2008-03-31 | 37.22% |
| 2007-12-31 | 32.87% |
| 2007-09-30 | 43.43% |
| 2007-06-30 | 50.38% |
| 2007-03-31 | 36.08% |
| 2006-12-31 | 29.81% |
| 2006-09-30 | 46.33% |
| 2006-06-30 | 45.18% |
| 2006-03-31 | 40.00% |
| 2005-12-31 | 42.18% |
| 2005-09-30 | 50.08% |
| 2005-06-30 | 50.08% |
| 2005-03-31 | 35.92% |
| 2004-12-31 | 35.48% |
| 2004-09-30 | 40.77% |
| 2004-06-30 | 43.33% |
| 2004-03-31 | 32.86% |
| 2003-12-31 | 23.93% |
| 2003-09-30 | 34.99% |
| 2003-06-30 | 33.16% |
| 2003-03-31 | 32.70% |
| 2002-12-31 | 38.70% |
| 2002-09-30 | 36.56% |
