Urban Outfitters (URBN) Operating Margin (2009 - 2026)
Urban Outfitters' (URBN) quarterly Operating Margin came in at 9.43% in Q2 2026, down 22.0% YoY from 12.09% in Q2 2025, and up 7.05% on a QoQ basis from 8.81% in Q1 2026.
Urban Outfitters (URBN) Operating Margin (2009 - 2026) Analysis & Trends
Urban Outfitters (URBN) has 18 years of Operating Margin data on file, last reported at 9.43% in Q2 2026.
- Quarterly Operating Margin fell 22.0% year-over-year to 9.43% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 9.77% (up 48.0% YoY) and the FY2026 annual result came in at 9.82%, up 129.0% from the prior year.
- Operating Margin rose to 9.43% in Q2 2026, from 8.81% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 11.59% in Q3 2025 to a low of 2.69% in Q1 2023.
- A 5-year average of 7.52% and a median of 8.08% in 2023 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin slumped 707 bps — and 2025, when it soared 380 bps.
- Tracing URBN's Operating Margin over 5 years: stood at 4.88% in 2022, then surged by 74 bps to 8.51% in 2023, then advanced by 11 bps to 9.45% in 2024, then declined by 0 bps to 9.44% in 2025, then dropped by 0 bps to 9.43% in 2026.
- The last three Operating Margin figures came in at 9.43% (Q2 2026), 8.81% (Q1 2026), and 9.44% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 155.98 Bn | 150.40 Bn | 4.48 Bn | 11.77% |
| 2 | Ross Stores | 76.07 Bn | 71.94 Bn | 1.78 Bn | 13.38% |
| 3 | Burlington Stores | 20.95 Bn | 20.20 Bn | 1.26 Bn | -50.84% |
| 4 | Lululemon Athletica | 13.67 Bn | 12.15 Bn | 1.34 Bn | 11.21% |
| 5 | Gap | 7.32 Bn | 4.76 Bn | 1.42 Bn | 12.73% |
| 6 | Victoria's Secret | 7.07 Bn | 6.87 Bn | 585.00 Mn | 4.87% |
| 7 | Urban Outfitters | 6.55 Bn | 6.14 Bn | 542.57 Mn | 9.43% |
| 8 | Boot Barn Holdings | 5.04 Bn | 4.90 Bn | - | - |
| 9 | Abercrombie & Fitch | 4.83 Bn | 4.21 Bn | 682.63 Mn | 7.97% |
| 10 | American Eagle Outfitters | 2.72 Bn | 2.62 Bn | 456.17 Mn | 2.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 9.43% |
| Jan 31, 2026 | 8.81% |
| Oct 31, 2025 | 9.44% |
| Jul 31, 2025 | 11.59% |
| Apr 30, 2025 | 9.64% |
| Jan 31, 2025 | 7.66% |
| Oct 31, 2024 | 9.45% |
| Jul 31, 2024 | 10.74% |
| Apr 30, 2024 | 6.21% |
| Jan 31, 2024 | 3.86% |
| Oct 31, 2023 | 8.51% |
| Jul 31, 2023 | 10.38% |
| Apr 30, 2023 | 6.41% |
| Jan 31, 2023 | 2.69% |
| Oct 31, 2022 | 4.88% |
| Jul 31, 2022 | 7.25% |
| Apr 30, 2022 | 4.40% |
| Jan 31, 2022 | 4.00% |
| Oct 31, 2021 | 10.24% |
| Jul 31, 2021 | 14.33% |