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 11.32% is 10% above its 5-year average of 10.26%, near the high end of its 5-year range (6.07%–13.46%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.28% above its 12-month average of 9.82%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
11.32%
OPERATING MARGIN AVG TTM
9.82%
OPERATING MARGIN AVG 3Y
9.88%
OPERATING MARGIN AVG 5Y
10.26%
OPERATING MARGIN AVG 10Y
9.05%
OPERATING MARGIN AVG 15Y
8.38%
OPERATING MARGIN AVG 20Y
7.74%
CURRENT VS TTM AVG
+15.28%
CURRENT VS 3Y AVG
+14.57%
CURRENT VS 5Y AVG
+10.33%
CURRENT VS 10Y AVG
+25.13%
CURRENT VS 15Y AVG
+35.08%
CURRENT VS 20Y AVG
+46.28%
SECTOR MEDIAN · INDUSTRIALS
11.95%
median of 146 covered companies
CURRENT VS SECTOR MEDIAN
-5.19%
vs the sector median at left
Market Cap
$12.51B
Operating Margin
11.06%
TTM Avg
10.99%
3Y Avg
10.94%
5Y Avg
9.92%
Market Cap
$13.52B
Operating Margin
19.37%
TTM Avg
19.46%
3Y Avg
17.17%
5Y Avg
15.99%
Market Cap
$11.71B
Operating Margin
5.18%
TTM Avg
4.75%
3Y Avg
5.41%
5Y Avg
5.86%
Market Cap
$14.17B
Operating Margin
13.65%
TTM Avg
17.39%
3Y Avg
18.33%
5Y Avg
17.11%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Watsco, Inc. (WSO) | $12.89B | 11.32% | 9.82% | 9.88% | 10.26% |
| Graco Inc. (GGG)vs › | $12.89B | 27.44% | 27.14% | 27.62% | 27.44% |
| Applied Industrial Technologies, Inc. (AIT)vs › | $12.51B | 11.06% | 10.99% | 10.94% | 9.92% |
| Lennox International Inc. (LII)vs › | $13.52B | 19.37% | 19.46% | 17.17% | 15.99% |
| Allegion plc (ALLE)vs › | $13.58B | 20.83% | 20.91% | 19.79% | 18.75% |
| Crane Company (CR)vs › | $12.07B | 17.93% | 17.55% | 12.21% | 11.42% |
| Huntington Ingalls Industries, Inc. (HII)vs › | $11.71B | 5.18% | 4.75% | 5.41% | 5.86% |
| Textron Inc. (TXT)vs › | $14.16B | 8.27% | 8.44% | 7.46% | 7.24% |
| CNH Industrial N.V. (CNH)vs › | $14.17B | 13.65% | 17.39% | 18.33% | 17.11% |
| Generac Holdings Inc. (GNRC)vs › | $11.61B | 9.50% | 9.68% | 10.34% | 13.33% |
Gross Margin
27.9%
Operating Margin
11.3%
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 | 11.32% |
| 2026-03-31 | 7.19% |
| 2025-12-31 | 6.07% |
| 2025-09-30 | 11.36% |
| 2025-06-30 | 13.18% |
| 2025-03-31 | 7.33% |
| 2024-12-31 | 7.76% |
| 2024-09-30 | 11.59% |
| 2024-06-30 | 12.56% |
| 2024-03-31 | 8.09% |
| 2023-12-31 | 6.72% |
| 2023-09-30 | 12.07% |
| 2023-06-30 | 13.26% |
| 2023-03-31 | 10.62% |
| 2022-12-31 | 8.68% |
| 2022-09-30 | 11.60% |
| 2022-06-30 | 13.46% |
| 2022-03-31 | 11.23% |
| 2021-12-31 | 8.14% |
| 2021-09-30 | 11.60% |
| 2021-06-30 | 11.72% |
| 2021-03-31 | 7.21% |
| 2020-12-31 | 6.04% |
| 2020-09-30 | 10.20% |
| 2020-06-30 | 9.54% |
| 2020-03-31 | 4.49% |
| 2019-12-31 | 4.85% |
| 2019-09-30 | 8.98% |
| 2019-06-30 | 9.80% |
| 2019-03-31 | 5.92% |
| 2018-12-31 | 5.90% |
| 2018-09-30 | 9.44% |
| 2018-06-30 | 10.31% |
| 2018-03-31 | 5.82% |
| 2017-12-31 | 6.36% |
| 2017-09-30 | 9.31% |
| 2017-06-30 | 10.14% |
| 2017-03-31 | 5.58% |
| 2016-12-31 | 6.36% |
| 2016-09-30 | 9.61% |
| 2016-06-30 | 9.68% |
| 2016-03-31 | 5.95% |
| 2015-12-31 | 6.00% |
| 2015-09-30 | 9.40% |
| 2015-06-30 | 10.21% |
| 2015-03-31 | 5.81% |
| 2014-12-31 | 5.93% |
| 2014-09-30 | 9.27% |
| 2014-06-30 | 9.65% |
| 2014-03-31 | 4.66% |
| 2013-12-31 | 4.85% |
| 2013-09-30 | 8.82% |
| 2013-06-30 | 9.38% |
| 2013-03-31 | 4.28% |
| 2012-12-31 | 4.37% |
| 2012-09-30 | 8.39% |
| 2012-06-30 | 8.49% |
| 2012-03-31 | 3.14% |
| 2011-12-31 | 5.03% |
| 2011-09-30 | 8.13% |
| 2011-06-30 | 8.55% |
| 2011-03-31 | 3.13% |
| 2010-12-31 | 3.32% |
| 2010-09-30 | 7.87% |
| 2010-06-30 | 8.20% |
| 2010-03-31 | 1.74% |
| 2009-12-31 | 2.64% |
| 2009-09-30 | 5.59% |
| 2009-06-30 | 6.49% |
| 2009-03-31 | -0.54% |
| 2008-12-31 | 1.72% |
| 2008-09-30 | 7.93% |
| 2008-06-30 | 8.30% |
| 2008-03-31 | 3.37% |
| 2007-12-31 | 2.97% |
| 2007-09-30 | 8.07% |
| 2007-06-30 | 8.39% |
| 2007-03-31 | 4.78% |
| 2006-12-31 | 4.96% |
| 2006-09-30 | 9.32% |
| 2006-06-30 | 9.19% |
| 2006-03-31 | 5.54% |
| 2005-12-31 | 5.62% |
| 2005-09-30 | 8.41% |
| 2005-06-30 | 8.38% |
| 2005-03-31 | 4.57% |
| 2004-12-31 | 3.70% |
| 2004-09-30 | 7.47% |
| 2004-06-30 | 8.66% |
| 2004-03-31 | 4.23% |
| 2003-12-31 | 2.96% |
| 2003-09-30 | 6.39% |
| 2003-06-30 | 6.72% |
| 2003-03-31 | 2.93% |
| 2002-12-31 | 0.96% |
| 2002-09-30 | 6.22% |
