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 12.31% is 46% above its 5-year average of 8.45%, around the middle of its 5-year range (3.04%–32.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 27.02% above its 12-month average of 9.69%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
12.31%
OPERATING MARGIN AVG TTM
9.69%
OPERATING MARGIN AVG 3Y
8.00%
OPERATING MARGIN AVG 5Y
7.24%
OPERATING MARGIN AVG 10Y
5.73%
OPERATING MARGIN AVG 15Y
2.51%
OPERATING MARGIN AVG 20Y
4.49%
CURRENT VS TTM AVG
+27.02%
CURRENT VS 3Y AVG
+53.90%
CURRENT VS 5Y AVG
+70.09%
CURRENT VS 10Y AVG
+114.96%
CURRENT VS 15Y AVG
+390.29%
CURRENT VS 20Y AVG
+174.24%
SECTOR MEDIAN · INDUSTRIALS
14.09%
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-12.60%
vs the sector median at left
XPO Logistics, Inc.
Market Cap
$23.72B
Operating Margin
12.31%
TTM Avg
9.69%
3Y Avg
8.00%
5Y Avg
7.24%
Market Cap
$23.97B
Operating Margin
22.74%
TTM Avg
23.23%
3Y Avg
23.00%
5Y Avg
22.67%
Market Cap
$23.37B
Operating Margin
9.83%
TTM Avg
9.66%
3Y Avg
10.03%
5Y Avg
10.25%
Market Cap
$23.02B
Operating Margin
3.46%
TTM Avg
1.35%
3Y Avg
1.96%
5Y Avg
-3.91%
Market Cap
$25.22B
Operating Margin
7.52%
TTM Avg
7.04%
3Y Avg
7.71%
5Y Avg
7.80%
Market Cap
$25.55B
Operating Margin
18.48%
TTM Avg
17.59%
3Y Avg
17.19%
5Y Avg
15.99%
Market Cap
$21.54B
Operating Margin
23.78%
TTM Avg
25.75%
3Y Avg
25.91%
5Y Avg
25.40%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| XPO Logistics, Inc. (XPO) | $23.72B | 12.31% | 9.69% | 8.00% | 7.24% |
| Veralto Corporation (VLTO)vs › | $23.97B | 22.74% | 23.23% | 23.00% | 22.67% |
| Expeditors International of Washington, Inc. (EXPD)vs › | $23.37B | 9.83% | 9.66% | 10.03% | 10.25% |
| Southwest Airlines Co. (LUV)vs › | $23.02B | 3.46% | 1.35% | 1.96% | -3.91% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.22B | 7.52% | 7.04% | 7.71% | 7.80% |
| Curtiss-Wright Corporation (CW)vs › | $25.55B | 18.48% | 17.59% | 17.19% | 15.99% |
| MasTec, Inc. (MTZ)vs › | $21.88B | 5.79% | 4.05% | 2.67% | 2.65% |
| Symbotic Inc. (SYM)vs › | $25.78B | 1.25% | -5.31% | -13.31% | -36.95% |
| Snap-on Incorporated (SNA)vs › | $21.54B | 23.78% | 25.75% | 25.91% | 25.40% |
| Equifax Inc. (EFX)vs › | $21.45B | 17.85% | 18.19% | 18.68% | 19.04% |
Gross Margin
12.8%
Operating Margin
12.3%
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 | 12.31% |
| 2026-03-31 | 8.78% |
| 2025-12-31 | 8.06% |
| 2025-09-30 | 9.81% |
| 2025-06-30 | 9.52% |
| 2025-03-31 | 7.73% |
| 2024-12-31 | 7.75% |
| 2024-09-30 | 8.57% |
| 2024-06-30 | 9.48% |
| 2024-03-31 | 6.84% |
| 2023-12-31 | 6.13% |
| 2023-09-30 | 7.78% |
| 2023-06-30 | 5.58% |
| 2023-03-31 | 3.04% |
| 2022-12-31 | 32.68% |
| 2022-09-30 | 7.14% |
| 2022-06-30 | 8.35% |
| 2022-03-31 | 3.33% |
| 2021-12-31 | 5.18% |
| 2021-09-30 | 3.43% |
| 2021-06-30 | 5.99% |
| 2021-03-31 | 4.65% |
| 2020-12-31 | 4.89% |
| 2020-09-30 | 4.07% |
| 2020-06-30 | -4.03% |
| 2020-03-31 | 2.10% |
| 2019-12-31 | 4.88% |
| 2019-09-30 | 5.51% |
| 2019-06-30 | 6.09% |
| 2019-03-31 | 3.20% |
| 2018-12-31 | 2.87% |
| 2018-09-30 | 4.82% |
| 2018-06-30 | 5.23% |
| 2018-03-31 | 3.36% |
| 2017-12-31 | 3.29% |
| 2017-09-30 | 4.55% |
| 2017-06-30 | 4.66% |
| 2017-03-31 | 2.93% |
| 2016-12-31 | 2.36% |
| 2016-09-30 | 4.55% |
| 2016-06-30 | 4.62% |
| 2016-03-31 | 1.76% |
| 2015-12-31 | -1.14% |
| 2015-09-30 | 1.87% |
| 2015-06-30 | -2.48% |
| 2015-03-31 | -0.68% |
| 2014-12-31 | 0.72% |
| 2014-09-30 | -2.05% |
| 2014-06-30 | -2.05% |
| 2014-03-31 | -7.58% |
| 2013-12-31 | -3.31% |
| 2013-09-30 | -9.50% |
| 2013-06-30 | -10.22% |
| 2013-03-31 | -9.97% |
| 2012-12-31 | -10.22% |
| 2012-09-30 | -13.07% |
| 2012-06-30 | -6.18% |
| 2012-03-31 | -9.48% |
| 2011-12-31 | -5.42% |
| 2011-09-30 | 0.99% |
| 2011-06-30 | 3.73% |
| 2011-03-31 | 4.82% |
| 2010-12-31 | 3.28% |
| 2010-09-30 | 6.57% |
| 2010-06-30 | 6.55% |
| 2010-03-31 | 4.82% |
| 2009-12-31 | 3.55% |
| 2009-09-30 | 5.51% |
| 2009-06-30 | 2.84% |
| 2009-03-31 | -0.13% |
| 2008-12-31 | 2.76% |
| 2008-09-30 | 5.80% |
| 2008-06-30 | 4.59% |
| 2008-03-31 | 4.05% |
| 2007-12-31 | 5.08% |
| 2007-09-30 | 5.82% |
| 2007-06-30 | 9.19% |
| 2007-03-31 | 26.28% |
| 2006-12-31 | 5.22% |
| 2006-09-30 | 9.08% |
| 2006-06-30 | 8.19% |
| 2006-03-31 | -10.63% |
| 2005-12-31 | 28.29% |
| 2005-09-30 | -5.20% |
| 2005-06-30 | -10.16% |
| 2005-03-31 | 19.05% |
| 2004-12-31 | 70.03% |
| 2004-09-30 | 15.65% |
| 2004-06-30 | 17.83% |
| 2004-03-31 | 17.37% |
| 2003-12-31 | -0.55% |
| 2003-09-30 | 2.88% |
| 2003-06-30 | 6.58% |
| 2003-03-31 | 6.75% |
| 2002-12-31 | 5.93% |
| 2002-09-30 | 5.69% |
