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 9.83% is 36% above its 5-year average of 7.24%, near the low end of its 5-year range (3.04%–32.68%).
1.40% above its 12-month average of 9.69%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 12.31%.
OPERATING MARGIN
9.83%
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
+1.40%
CURRENT VS 3Y AVG
+22.85%
CURRENT VS 5Y AVG
+35.78%
CURRENT VS 10Y AVG
+71.59%
CURRENT VS 15Y AVG
+291.38%
CURRENT VS 20Y AVG
+118.92%
SECTOR MEDIAN · INDUSTRIALS
11.95%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-17.71%
vs the sector median at left
XPO Logistics, Inc.
Market Cap
$20.80B
Operating Margin
9.83%
TTM Avg
9.69%
3Y Avg
8.00%
5Y Avg
7.24%
Market Cap
$20.59B
Operating Margin
3.46%
TTM Avg
1.35%
3Y Avg
1.96%
5Y Avg
-3.91%
Market Cap
$20.33B
Operating Margin
18.85%
TTM Avg
17.59%
3Y Avg
17.19%
5Y Avg
15.99%
Market Cap
$22.11B
Operating Margin
15.11%
TTM Avg
13.50%
3Y Avg
6.89%
5Y Avg
6.22%
Market Cap
$22.30B
Operating Margin
7.52%
TTM Avg
7.04%
3Y Avg
7.71%
5Y Avg
7.80%
Market Cap
$19.23B
Operating Margin
23.78%
TTM Avg
25.75%
3Y Avg
25.91%
5Y Avg
25.40%
Market Cap
$23.35B
Operating Margin
22.74%
TTM Avg
23.23%
3Y Avg
23.00%
5Y Avg
22.67%
Market Cap
$17.81B
Operating Margin
26.88%
TTM Avg
25.50%
3Y Avg
25.93%
5Y Avg
24.37%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| XPO Logistics, Inc. (XPO) | $20.80B | 9.83% | 9.69% | 8.00% | 7.24% |
| Southwest Airlines Co. (LUV)vs › | $20.59B | 3.46% | 1.35% | 1.96% | -3.91% |
| Curtiss-Wright Corporation (CW)vs › | $20.33B | 18.85% | 17.59% | 17.19% | 15.99% |
| MTU Aero Engines AG (MTUAY)vs › | $22.11B | 15.11% | 13.50% | 6.89% | 6.22% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $22.30B | 7.52% | 7.04% | 7.71% | 7.80% |
| Snap-on Incorporated (SNA)vs › | $19.23B | 23.78% | 25.75% | 25.91% | 25.40% |
| Equifax Inc. (EFX)vs › | $18.77B | 17.85% | 18.19% | 18.68% | 19.04% |
| Veralto Corporation (VLTO)vs › | $23.35B | 22.74% | 23.23% | 23.00% | 22.67% |
| Nordson Corporation (NDSN)vs › | $17.81B | 26.88% | 25.50% | 25.93% | 24.37% |
| MasTec, Inc. (MTZ)vs › | $17.80B | 5.79% | 4.05% | 2.67% | 2.65% |
Gross Margin
12.8%
Operating Margin
9.8%
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% |
