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 72.86% is in line with its 5-year average of 70.71%, around the middle of its 5-year range (-240.27%–326.76%).
131.41% above its 12-month average of 31.49%.
Reported quarterly operating margin; no daily interpolation. Q4 FY2025 (2026-02-28): 326.76%.
OPERATING MARGIN
72.86%
OPERATING MARGIN AVG TTM
31.49%
OPERATING MARGIN AVG 3Y
62.96%
OPERATING MARGIN AVG 5Y
70.71%
OPERATING MARGIN AVG 10Y
85.89%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+131.41%
CURRENT VS 3Y AVG
+15.72%
CURRENT VS 5Y AVG
+3.04%
CURRENT VS 10Y AVG
-15.17%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
22.38%
median of 112 covered companies
CURRENT VS SECTOR MEDIAN
+225.49%
vs the sector median at left
Invesco California Value Municipal Income Trust
Market Cap
$432.09M
Operating Margin
72.86%
TTM Avg
31.49%
3Y Avg
62.96%
5Y Avg
70.71%
Market Cap
$434.47M
Operating Margin
194.62%
TTM Avg
140.64%
3Y Avg
1290.84%
5Y Avg
888.77%
Market Cap
$311.82M
Operating Margin
N/A
TTM Avg
82.45%
3Y Avg
79.24%
5Y Avg
84.19%
Market Cap
$561.19M
Operating Margin
N/A
TTM Avg
28.93%
3Y Avg
-61.51%
5Y Avg
-43.05%
Market Cap
$277.61M
Operating Margin
19.76%
TTM Avg
17.94%
3Y Avg
23.75%
5Y Avg
23.91%
Market Cap
$266.59M
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$645.66M
Operating Margin
108.91%
TTM Avg
111.19%
3Y Avg
116.54%
5Y Avg
65.65%
Market Cap
$203.22M
Operating Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Invesco California Value Municipal Income Trust (VCV) | $432.09M | 72.86% | 31.49% | 62.96% | 70.71% |
| PIMCO California Municipal Income Fund (PCQ)vs › | $434.47M | 194.62% | 140.64% | 1290.84% | 888.77% |
| BlackRock Floating Rate Income Trust (BGT)vs › | $311.82M | N/A | 82.45% | 79.24% | 84.19% |
| Nuveen California AMT-Free Quality Municipal Income Fund (NKX)vs › | $561.19M | N/A | 28.93% | -61.51% | -43.05% |
| Isabella Bank Corporation (ISBA)vs › | $277.61M | 19.76% | 17.94% | 23.75% | 23.91% |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.59M | N/A | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 4.49% | 3.18% | 3.44% | 5.62% |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $645.66M | 108.91% | 111.19% | 116.54% | 65.65% |
| Astoria US Equal Weight Quality Kings ETF (ROE)vs › | $203.22M | N/A | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $203.22M | 37.40% | 2.93% | 77.28% | 1.18% |
Gross Margin
85.8%
Operating Margin
72.9%
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 |
|---|---|
| 2026-02-28 | 326.76% |
| 2025-08-31 | -240.27% |
| 2025-02-28 | 7.97% |
| 2024-08-31 | 85.46% |
| 2024-02-28 | 86.77% |
| 2023-08-31 | 86.98% |
| 2023-02-28 | 87.08% |
| 2022-08-31 | 85.06% |
| 2022-02-28 | 84.12% |
| 2021-08-31 | 83.72% |
| 2021-02-28 | 84.18% |
| 2020-08-31 | 84.73% |
| 2020-02-28 | 127.35% |
| 2019-08-31 | 251.38% |
| 2019-02-28 | 84.64% |
| 2018-08-31 | 85.93% |
| 2018-02-28 | 85.52% |
| 2017-08-31 | 86.00% |
| 2017-02-28 | 87.29% |
| 2016-08-31 | 88.11% |
| 2016-02-28 | 88.72% |
| 2015-08-31 | 91.35% |
| 2015-02-28 | 92.07% |
| 2014-08-31 | 92.33% |
| 2014-02-28 | 92.97% |
| 2013-08-31 | 92.40% |
| 2013-02-28 | 92.15% |
| 2012-08-31 | 86.78% |
