Abercrombie & Fitch (ANF) Operating Margin (2010 - 2026)
Abercrombie & Fitch (ANF) reported Operating Margin of 7.97% for Q2 2026, down 128.0% on a YoY basis from 28.47% in Q2 2025, and down 43.58% sequentially from 14.13% in Q1 2026.
Abercrombie & Fitch (ANF) Operating Margin (2010 - 2026) Analysis & Trends
Abercrombie & Fitch (ANF) has 17 years of Operating Margin data on file, last reported at 7.97% in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 128.0% year-over-year to 7.97%; the trailing twelve-month figure through May 2026 stood at 12.99% (down 119.0% YoY), and the FY2026 full-year result was 13.28%, down 169.0% from the prior year.
- Operating Margin slipped to 7.97% in Q2 2026, from 14.13% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 17.1% in Q3 2025 to a low of 1.2% in Q2 2022.
- A 5-year average of 9.89% and a median of 10.81% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin sank 1354 bps in 2022 and soared 1107 bps in 2023, its largest moves.
- Tracing ANF's Operating Margin over 5 years: stood at 1.99% in 2022, then surged by 555 bps to 13.06% in 2023, then climbed by 14 bps to 14.83% in 2024, then slipped by 19 bps to 12.01% in 2025, then sank by 34 bps to 7.97% in 2026.
- Business Quant data shows ANF's Operating Margin at 7.97% in Q2 2026, 14.13% in Q1 2026, and 12.01% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 169.48 Bn | 163.90 Bn | 4.48 Bn | 11.77% |
| 2 | Ross Stores | 74.91 Bn | 70.31 Bn | 1.80 Bn | 12.27% |
| 3 | Burlington Stores | 21.30 Bn | 20.55 Bn | 1.26 Bn | -51.06% |
| 4 | Lululemon Athletica | 12.32 Bn | 10.51 Bn | 2.00 Bn | 22.31% |
| 5 | Gap | 6.81 Bn | 4.25 Bn | 1.42 Bn | 12.73% |
| 6 | Victoria's Secret | 6.71 Bn | 6.55 Bn | 585.00 Mn | 4.87% |
| 7 | Urban Outfitters | 5.96 Bn | 5.55 Bn | 542.57 Mn | 9.43% |
| 8 | Boot Barn Holdings | 4.50 Bn | 4.30 Bn | 281.24 Mn | 16.27% |
| 9 | Abercrombie & Fitch | 4.04 Bn | 3.43 Bn | 682.63 Mn | 7.97% |
| 10 | American Eagle Outfitters | 2.94 Bn | 2.70 Bn | 651.06 Mn | 34.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 7.97% |
| Jan 31, 2026 | 14.13% |
| Nov 1, 2025 | 12.01% |
| Aug 2, 2025 | 17.10% |
| May 3, 2025 | 9.25% |
| Feb 1, 2025 | 16.16% |
| Nov 2, 2024 | 14.83% |
| Aug 3, 2024 | 15.49% |
| May 4, 2024 | 12.72% |
| Feb 3, 2024 | 15.33% |
| Oct 28, 2023 | 13.06% |
| Jul 29, 2023 | 9.61% |
| Apr 29, 2023 | 4.07% |
| Jan 28, 2023 | 7.25% |
| Oct 29, 2022 | 1.99% |
| Jul 30, 2022 | -0.27% |
| Apr 30, 2022 | -1.20% |
| Jan 29, 2022 | 8.45% |
| Oct 30, 2021 | 8.04% |
| Jul 31, 2021 | 13.27% |