Five Below (FIVE) Operating Margin (2011 - 2026)
Five Below's (FIVE) quarterly Operating Margin came in at 21.83% in Q3 2026, up 1673.0% on a YoY basis from 1.23% in Q3 2025, and up 81.93% quarter-over-quarter from 12.0% in Q2 2026.
Analysis
Five Below (FIVE) Operating Margin (2011 - 2026) Analysis & Trends
Five Below (FIVE) has reported Operating Margin for 16 consecutive years, with 21.83% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Operating Margin rose 1673.0% year-over-year to 21.83%; the trailing twelve-month figure through Aug 2026 stood at 14.75% (up 649.0% YoY), and the FY2026 full-year result was 9.6%, up 125.0% from the prior year.
- Operating Margin climbed to 21.83% in Q3 2026 per FIVE's latest filing, from 12.0% in the prior quarter.
- Across five years, Operating Margin topped out at 21.83% in Q3 2026 and bottomed at 0.07% in Q4 2024.
- Historically, Operating Margin has averaged 9.81% across 5 years, with a median of 6.62% in 2022.
- The sharpest annual moves came in 2022 and 2026: Operating Margin sank 495 bps in 2022, then surged 1673 bps in 2026.
- Over 5 years, Operating Margin stood at 3.25% in 2022, then slumped by 33 bps to 2.19% in 2023, then sank by 103 bps to 0.07% in 2024, then soared by 5907 bps to 4.17% in 2025, then surged by 423 bps to 21.83% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 21.83%, 12.0%, and 17.99% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Target | 70.81 Bn | 65.40 Bn | 8.94 Bn | 9.65% |
| 2 | Five Below | 13.31 Bn | 12.12 Bn | 612.42 Mn | 21.83% |
| 3 | Ollie's Bargain Outlet Holdings | 4.32 Bn | 4.14 Bn | 322.17 Mn | 14.63% |
| 4 | MINISO Group Holding | 2.77 Bn | 1.69 Bn | 387.56 Mn | 2.04% |
| 5 | Savers Value Village | 1.48 Bn | 1.39 Bn | 254.92 Mn | 9.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 21.83% |
| May 2, 2026 | 12.00% |
| Jan 31, 2026 | 17.99% |
| Nov 1, 2025 | 4.17% |
| Aug 2, 2025 | 5.10% |
| May 3, 2025 | 5.24% |
| Feb 1, 2025 | 17.74% |
| Nov 2, 2024 | -0.07% |
| Aug 3, 2024 | 5.00% |
| May 4, 2024 | 4.45% |
| Feb 3, 2024 | 20.07% |
| Oct 28, 2023 | 2.19% |
| Jul 29, 2023 | 7.72% |
| Apr 29, 2023 | 5.84% |
| Jan 28, 2023 | 20.11% |
| Oct 29, 2022 | 3.25% |
| Jul 30, 2022 | 8.37% |
| Apr 30, 2022 | 6.62% |
| Jan 29, 2022 | 18.83% |
| Oct 30, 2021 | 6.99% |