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 19.92% is 16% above its 5-year average of 17.22%, near the high end of its 5-year range (9.54%–23.80%).
1.50% below its 12-month average of 20.22%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
19.92%
OPERATING MARGIN AVG TTM
20.22%
OPERATING MARGIN AVG 3Y
19.06%
OPERATING MARGIN AVG 5Y
17.22%
OPERATING MARGIN AVG 10Y
17.57%
OPERATING MARGIN AVG 15Y
15.81%
OPERATING MARGIN AVG 20Y
14.86%
CURRENT VS TTM AVG
-1.50%
CURRENT VS 3Y AVG
+4.50%
CURRENT VS 5Y AVG
+15.65%
CURRENT VS 10Y AVG
+13.34%
CURRENT VS 15Y AVG
+25.98%
CURRENT VS 20Y AVG
+34.02%
SECTOR MEDIAN · BASIC MATERIALS
16.68%
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+19.39%
vs the sector median at left
Vulcan Materials Company
Market Cap
$33.50B
Operating Margin
19.92%
TTM Avg
20.22%
3Y Avg
19.06%
5Y Avg
17.22%
Market Cap
$34.54B
Operating Margin
10.57%
TTM Avg
9.60%
3Y Avg
14.71%
5Y Avg
15.17%
Market Cap
$34.82B
Operating Margin
16.47%
TTM Avg
8.18%
3Y Avg
15.04%
5Y Avg
14.83%
Market Cap
$30.77B
Operating Margin
21.09%
TTM Avg
32.34%
3Y Avg
26.96%
5Y Avg
24.51%
Market Cap
$24.49B
Operating Margin
12.48%
TTM Avg
14.04%
3Y Avg
12.82%
5Y Avg
12.37%
Market Cap
$23.09B
Operating Margin
22.47%
TTM Avg
20.30%
3Y Avg
14.38%
5Y Avg
6.55%
Market Cap
$22.26B
Operating Margin
63.14%
TTM Avg
62.41%
3Y Avg
55.77%
5Y Avg
54.80%
Market Cap
$21.89B
Operating Margin
7.78%
TTM Avg
7.20%
3Y Avg
-3.66%
5Y Avg
0.25%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vulcan Materials Company (VMC) | $33.50B | 19.92% | 20.22% | 19.06% | 17.22% |
| Steel Dynamics, Inc. (STLD)vs › | $34.54B | 10.57% | 9.60% | 14.71% | 15.17% |
| Teck Resources Limited (TECK)vs › | $34.82B | 16.47% | 8.18% | 15.04% | 14.83% |
| Martin Marietta Materials, Inc. (MLM)vs › | $30.77B | 21.09% | 32.34% | 26.96% | 24.51% |
| Nutrien Ltd. (NTR)vs › | $38.75B | 14.69% | 12.88% | 16.89% | 14.85% |
| PPG Industries, Inc. (PPG)vs › | $24.49B | 12.48% | 14.04% | 12.82% | 12.37% |
| Carpenter Technology Corporation (CRS)vs › | $23.09B | 22.47% | 20.30% | 14.38% | 6.55% |
| Royal Gold, Inc. (RGLD)vs › | $22.26B | 63.14% | 62.41% | 55.77% | 54.80% |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.89B | 7.78% | 7.20% | -3.66% | 0.25% |
| Coeur Mining, Inc. (CDE)vs › | $21.52B | 35.02% | 25.93% | 10.54% | 15.78% |
Gross Margin
27.4%
Operating Margin
19.9%
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 | 19.73% |
| 2026-03-31 | 16.83% |
| 2025-12-31 | 18.35% |
| 2025-09-30 | 23.80% |
| 2025-06-30 | 22.40% |
| 2025-03-31 | 13.85% |
| 2024-12-31 | 21.63% |
| 2024-09-30 | 16.82% |
| 2024-06-30 | 22.52% |
| 2024-03-31 | 11.19% |
| 2023-12-31 | 20.18% |
| 2023-09-30 | 19.16% |
| 2023-06-30 | 21.35% |
| 2023-03-31 | 11.35% |
| 2022-12-31 | 11.06% |
| 2022-09-30 | 14.62% |
| 2022-06-30 | 15.74% |
| 2022-03-31 | 9.54% |
| 2021-12-31 | 13.16% |
| 2021-09-30 | 17.30% |
| 2021-06-30 | 21.12% |
| 2021-03-31 | 23.35% |
| 2020-12-31 | 16.72% |
| 2020-09-30 | 21.99% |
| 2020-06-30 | 22.60% |
| 2020-03-31 | 10.70% |
| 2019-12-31 | 16.32% |
| 2019-09-30 | 21.38% |
| 2019-06-30 | 20.79% |
| 2019-03-31 | 10.48% |
| 2018-12-31 | 17.14% |
| 2018-09-30 | 20.09% |
| 2018-06-30 | 19.19% |
| 2018-03-31 | 9.50% |
| 2017-12-31 | 15.47% |
| 2017-09-30 | 20.78% |
| 2017-06-30 | 18.62% |
| 2017-03-31 | 8.94% |
| 2016-12-31 | 19.91% |
| 2016-09-30 | 22.52% |
| 2016-06-30 | 22.34% |
| 2016-03-31 | 8.60% |
| 2015-12-31 | 20.18% |
| 2015-09-30 | 20.43% |
| 2015-06-30 | 17.18% |
| 2015-03-31 | 1.70% |
| 2014-12-31 | 13.23% |
| 2014-09-30 | 16.06% |
| 2014-06-30 | 13.05% |
| 2014-03-31 | 33.89% |
| 2013-12-31 | 7.91% |
| 2013-09-30 | 12.26% |
| 2013-06-30 | 11.76% |
| 2013-03-31 | -9.30% |
| 2012-12-31 | 9.13% |
| 2012-09-30 | 7.66% |
| 2012-06-30 | 2.83% |
| 2012-03-31 | -8.64% |
| 2011-12-31 | -0.90% |
| 2011-09-30 | 14.02% |
| 2011-06-30 | 3.35% |
| 2011-03-31 | -12.56% |
| 2010-12-31 | -5.02% |
| 2010-09-30 | 6.79% |
| 2010-06-30 | 0.16% |
| 2010-03-31 | -7.45% |
| 2009-12-31 | 0.24% |
| 2009-09-30 | 10.63% |
| 2009-06-30 | 9.10% |
| 2009-03-31 | -0.22% |
| 2008-12-31 | -23.08% |
| 2008-09-30 | 12.66% |
| 2008-06-30 | 23.34% |
| 2008-03-31 | 8.17% |
| 2007-12-31 | 17.01% |
| 2007-09-30 | 23.68% |
| 2007-06-30 | 24.72% |
| 2007-03-31 | 19.96% |
| 2006-12-31 | 21.03% |
| 2006-09-30 | 22.24% |
| 2006-06-30 | 24.56% |
| 2006-03-31 | 13.97% |
| 2005-12-31 | 19.16% |
| 2005-09-30 | 19.87% |
| 2005-06-30 | 19.78% |
| 2005-03-31 | 7.72% |
| 2004-12-31 | 207.33% |
| 2004-09-30 | 20.19% |
| 2004-06-30 | 17.48% |
| 2004-03-31 | 8.37% |
| 2003-12-31 | 15.91% |
| 2003-09-30 | 16.44% |
| 2003-06-30 | 13.20% |
| 2003-03-31 | 3.32% |
| 2002-12-31 | 8.09% |
| 2002-09-30 | 14.82% |