Astrazeneca (AZN) Operating Margin (2009 - 2026)
Astrazeneca's Operating Margin was 20.57% in Q2 2026, down 3.70 percentage points from 24.27% a year earlier and down 7.21 percentage points from the prior quarter.
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Analysis
Astrazeneca (AZN) Operating Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Astrazeneca's Operating Margin was 22.77% through Jun 30, 2026, up 2.72 percentage points year-over-year; for FY2025, it came in at 23.40%, up 4.90 percentage points from FY2024.
- Operating Margin has now increased for four consecutive years, with a five-year change of +4.00 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 18.50% in FY2024 (+0.61 pp), 17.88% in FY2023 (+9.41 pp), 8.47% in FY2022 (+5.65 pp) and 2.82% in FY2021 (-16.57 pp).
- Quarterly Operating Margin has moved between -16.97% (Q3 2021) and 27.77% (Q1 2026) over five years.
- Compared with a year earlier, Operating Margin was higher in six of the last eight quarters, with an average year-over-year change of +2.26 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q3 2022 (a gain of 28.30 percentage points); the worst was Q3 2021 (a drop of 34.77 percentage points).
- Per Business Quant data, AZN's Operating Margin in the three quarters before Q2 2026 was 27.77% (Q1 2026), 19.21% (Q4 2025) and 23.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,170.46 Bn | 1,139.04 Bn | 19.71 Bn | 51.16% |
| 2 | Johnson & Johnson | 648.38 Bn | 568.24 Bn | 17.30 Bn | 24.35% |
| 3 | AbbVie | 504.43 Bn | 477.54 Bn | 12.70 Bn | 37.86% |
| 4 | Merck | 367.73 Bn | 322.11 Bn | 12.21 Bn | -3.52% |
| 5 | Novartis Ag | 303.35 Bn | 267.34 Bn | 11.24 Bn | 32.97% |
| 6 | Astrazeneca | 268.20 Bn | 241.88 Bn | 12.86 Bn | 20.57% |
| 7 | Amgen | 242.55 Bn | 197.95 Bn | 7.24 Bn | 34.95% |
| 8 | Gilead Sciences | 194.80 Bn | 169.00 Bn | 6.22 Bn | -133.21% |
| 9 | Pfizer | 173.31 Bn | 119.95 Bn | 10.94 Bn | 28.37% |
| 10 | Vertex Pharmaceuticals | 135.97 Bn | 107.97 Bn | 2.84 Bn | 37.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.57% |
| Mar 31, 2026 | 29.51% |
| Dec 31, 2025 | 20.48% |
| Sep 30, 2025 | 24.94% |
| Jun 30, 2025 | 24.27% |
| Mar 31, 2025 | 28.54% |
| Dec 31, 2024 | 15.24% |
| Sep 30, 2024 | 16.27% |
| Jun 30, 2024 | 21.22% |
| Mar 31, 2024 | 25.58% |
| Dec 31, 2023 | 10.90% |
| Sep 30, 2023 | 17.73% |
| Jun 30, 2023 | 21.51% |
| Mar 31, 2023 | 24.12% |
| Dec 31, 2022 | 10.13% |
| Sep 30, 2022 | 11.76% |
| Jun 30, 2022 | 5.00% |
| Mar 31, 2022 | 8.00% |
| Dec 31, 2021 | -2.54% |
| Sep 30, 2021 | -17.19% |
API Access
Astrazeneca Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=AZN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "AZN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=AZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();