Highest operating-margin companies
Companies with the highest trailing operating margin — operating profit as a share of revenue. Delayed fundamentals from market data, shown with their as-of date.
96 companies were left out of this ranking: 92 because the latest figure is from a fiscal year older than this ranking's window; 4 because profit larger than the revenue it is divided by — gains from outside revenue or a partial revenue line, not a margin.
Ranked by operating margin, Millrose Properties (MRP) leads the covered catalog at +80.9%.
| # | Company | Sector | Operating margin | Net margin | Market cap |
|---|---|---|---|---|---|
| 1 | Millrose Properties (MRP) | Consumer Discretionary | +80.9% | +63.3% | n/a |
| 2 | LTC PROPERTIES REIT INC (LTC) | Real Estate | +77.9% | +44.9% | $2.3B |
| 3 | AppLovin (APP) | Communication Services | +75.8% | +60.8% | $91.2B |
| 4 | Gaming and Leisure Properties (GLPI) | Real Estate | +75.3% | +51.7% | $11.4B |
| 5 | Micron Technology (MU) | Information Technology | +74.6% | +63.8% | $1.01T |
| 6 | Texas Pacific Land Corporation (TPL) | Energy | +74.2% | +60.3% | $23.6B |
| 7 | Regency Centers (REG) | Real Estate | +72.3% | +34.0% | $13.4B |
| 8 | Cousins Properties (CUZ) | Real Estate | +67.8% | +4.1% | $4.6B |
| 9 | Verisign (VRSN) | Information Technology | +67.7% | +49.8% | $27.7B |
| 10 | HIGHWOODS PROPERTIES REIT INC (HIW) | Real Estate | +67.6% | +20.2% | $3.2B |
| 11 | SAUL CENTERS REIT INC (BFS) | Real Estate | +67.4% | +12.9% | $729M |
| 12 | Royalty Pharma (RPRX) | Health Care | +65.6% | +32.4% | $35.8B |
| 13 | SL GREEN REALTY REIT CORP (SLG) | Real Estate | +65.0% | -9.7% | $3.3B |
| 14 | CME Group (CME) | Financials | +64.9% | +62.5% | $106.2B |
| 15 | ESSENTIAL PROPERTIES REALTY TRUST (EPRT) | Real Estate | +64.1% | +45.1% | $5.6B |
| 16 | NNN Reit (NNN) | Real Estate | +63.6% | +42.1% | $8.0B |
| 17 | WINMARK CORP (WINA) | Consumer Discretionary | +63.4% | +48.4% | $1.1B |
| 18 | Royal Gold (RGLD) | Materials | +61.9% | +45.2% | $20.2B |
| 19 | BROOKFIELD INFRASTRUCTURE CORP CLA (BIPC) | Utilities | +61.5% | +19.1% | n/a |
| 20 | Sandisk (SNDK) | Information Technology | +61.2% | +56.5% | $199.9B |
| 21 | NVE CORP (NVEC) | Information Technology | +60.5% | +57.7% | $494M |
| 22 | Nvidia (NVDA) | Information Technology | +60.4% | +55.6% | $5.22T |
| 23 | Visa Inc. (V) | Financials | +60.0% | +50.1% | $771.7B |
| 24 | LandBridge Co LLC (LB) | Energy | +59.5% | +15.1% | $6.1B |
| 25 | EPR Properties (EPR) | Real Estate | +57.7% | +38.3% | $4.2B |
Find more highest operating-margin companies like these →
Data: SEC EDGAR (filings) + market data (fundamentals, delayed daily-close). Every figure is shown with its as-of date on the company page; a company with no data for this metric is excluded from the ranking, never estimated.
Last updated 2026-10-20 — rankings shift as the underlying data refreshes.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.