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 22.74% is in line with its 4-year average of 22.97%, around the middle of its 4-year range (19.71%–24.53%).
0.11% below its 12-month average of 22.77%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-07-03): 21.37%.
OPERATING MARGIN
22.74%
OPERATING MARGIN AVG TTM
22.77%
OPERATING MARGIN AVG 3Y
22.92%
OPERATING MARGIN AVG 5Y
N/A
OPERATING MARGIN AVG 10Y
N/A
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.11%
CURRENT VS 3Y AVG
-0.78%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
11.95%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+90.37%
vs the sector median at left
Veralto Corporation
Market Cap
$23.20B
Operating Margin
22.74%
TTM Avg
22.77%
3Y Avg
22.92%
5Y Avg
N/A
Market Cap
$24.17B
Operating Margin
20.21%
TTM Avg
20.11%
3Y Avg
18.47%
5Y Avg
16.67%
Market Cap
$22.18B
Operating Margin
7.52%
TTM Avg
7.04%
3Y Avg
7.71%
5Y Avg
7.80%
Market Cap
$21.65B
Operating Margin
15.11%
TTM Avg
13.50%
3Y Avg
6.89%
5Y Avg
6.22%
Market Cap
$25.06B
Operating Margin
16.87%
TTM Avg
16.27%
3Y Avg
16.18%
5Y Avg
15.81%
Market Cap
$25.13B
Operating Margin
9.83%
TTM Avg
9.66%
3Y Avg
10.03%
5Y Avg
10.25%
Market Cap
$25.37B
Operating Margin
15.35%
TTM Avg
14.43%
3Y Avg
14.78%
5Y Avg
14.45%
Market Cap
$20.98B
Operating Margin
18.85%
TTM Avg
17.59%
3Y Avg
17.19%
5Y Avg
15.99%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veralto Corporation (VLTO) | $23.20B | 22.74% | 22.77% | 22.92% | N/A |
| Hubbell Incorporated (HUBB)vs › | $24.17B | 20.21% | 20.11% | 18.47% | 16.67% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $22.18B | 7.52% | 7.04% | 7.71% | 7.80% |
| MTU Aero Engines AG (MTUAY)vs › | $21.65B | 15.11% | 13.50% | 6.89% | 6.22% |
| Xylem Inc. (XYL)vs › | $25.04B | 14.48% | 12.66% | 11.36% | 10.70% |
| Dover Corporation (DOV)vs › | $25.06B | 16.87% | 16.27% | 16.18% | 15.81% |
| Expeditors International of Washington, Inc. (EXPD)vs › | $25.13B | 9.83% | 9.66% | 10.03% | 10.25% |
| Otis Worldwide Corporation (OTIS)vs › | $25.37B | 15.35% | 14.43% | 14.78% | 14.45% |
| Curtiss-Wright Corporation (CW)vs › | $20.98B | 18.85% | 17.59% | 17.19% | 15.99% |
| nVent Electric plc (NVT)vs › | $25.78B | 17.22% | 16.69% | 16.04% | 13.42% |
Gross Margin
60.2%
Operating Margin
22.7%
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 |
|---|---|
| 2026-07-03 | 21.37% |
| 2026-04-03 | 23.77% |
| 2025-12-31 | 22.64% |
| 2025-10-03 | 23.22% |
| 2025-07-04 | 22.83% |
| 2025-04-04 | 24.17% |
| 2024-12-31 | 22.90% |
| 2024-09-27 | 23.44% |
| 2024-06-28 | 23.21% |
| 2024-03-31 | 23.52% |
| 2023-12-31 | 22.20% |
| 2023-09-30 | 21.75% |
| 2023-06-30 | 23.06% |
| 2023-03-31 | 23.84% |
| 2022-12-31 | 20.68% |
| 2022-09-30 | 23.38% |
| 2022-07-01 | 24.53% |
| 2022-04-30 | 19.71% |