CL · Operating margin
Computed from CL's latest annual filing — every figure below is the filed value, cited to the filing, never estimated.
| Line item | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | TTM* ended 2026-06-30 — derived: computed by Echelon from filed periods, not as filed |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15,195 (accession 0000021665-19-000003) | 15,454 (accession 0000021665-20-000004) | 15,544 (accession 0000021665-21-000007) | 15,693 (accession 0000021665-22-000003) | 16,471 (accession 0000021665-23-000007) | 17,421 (accession 0000021665-24-000003) | 17,967 (accession 0000021665-25-000008) | 19,457 (accession 0000021665-26-000006) | 20,101 (accession 0000021665-26-000006) | 20,382 (accession 0000021665-26-000006) | 21,046 |
| YoY | -5.2% | +1.7% | +0.6% | +1% | +5% | +5.8% | +3.1% | +8.3% | +3.3% | +1.4% | — |
| Cost of revenue | 6,072 (accession 0000021665-19-000003) | 6,174 (accession 0000021665-20-000004) | 6,313 (accession 0000021665-21-000007) | 6,368 (accession 0000021665-22-000003) | 6,454 (accession 0000021665-23-000007) | 7,046 (accession 0000021665-24-000003) | 7,719 (accession 0000021665-25-000008) | 8,131 (accession 0000021665-26-000006) | 7,940 (accession 0000021665-26-000006) | 8,131 (accession 0000021665-26-000006) | 8,329 |
| YoY | -8.5% | +1.7% | +2.3% | +0.9% | +1.4% | +9.2% | +9.6% | +5.3% | -2.3% | +2.4% | — |
| Gross profit | 9,123 (accession 0000021665-19-000003) | 9,280 (accession 0000021665-20-000004) | 9,231 (accession 0000021665-21-000007) | 9,325 (accession 0000021665-22-000003) | 10,017 (accession 0000021665-23-000007) | 10,375 (accession 0000021665-24-000003) | 10,248 (accession 0000021665-25-000008) | 11,326 (accession 0000021665-26-000006) | 12,161 (accession 0000021665-26-000006) | 12,251 (accession 0000021665-26-000006) | 12,717 |
| YoY | -2.9% | +1.7% | -0.5% | +1% | +7.4% | +3.6% | -1.2% | +10.5% | +7.4% | +0.7% | — |
| Operating expenses | — | — | — | — | — | — | — | — | — | — | — |
| Operating income | 3,955 (accession 0000021665-19-000003) | 3,707 (accession 0000021665-20-000004) | 3,694 (accession 0000021665-21-000007) | 3,554 (accession 0000021665-22-000003) | 3,885 (accession 0000021665-23-000007) | 3,332 (accession 0000021665-24-000003) | 2,893 (accession 0000021665-25-000008) | 3,984 (accession 0000021665-26-000006) | 4,268 (accession 0000021665-26-000006) | 3,306 (accession 0000021665-26-000006) | 3,130 |
| YoY | +41.8% | -6.3% | -0.4% | -3.8% | +9.3% | -14.2% | -13.2% | +37.7% | +7.1% | -22.5% | — |
| Net income | 2,441 (accession 0000021665-19-000003) | 2,024 (accession 0000021665-20-000004) | 2,400 (accession 0000021665-21-000007) | 2,367 (accession 0000021665-22-000003) | 2,695 (accession 0000021665-23-000007) | 2,166 (accession 0000021665-24-000003) | 1,785 (accession 0000021665-25-000008) | 2,300 (accession 0000021665-26-000006) | 2,889 (accession 0000021665-26-000006) | 2,132 (accession 0000021665-26-000006) | 2,038 |
| YoY | +76.4% | -17.1% | +18.6% | -1.4% | +13.9% | -19.6% | -17.6% | +28.9% | +25.6% | -26.2% | — |
| Diluted EPS | 2.72 (accession 0000021665-19-000003) | 2.28 (accession 0000021665-20-000004) | 2.75 (accession 0000021665-21-000007) | 2.75 (accession 0000021665-22-000003) | 3.14 (accession 0000021665-23-000007) | 2.55 (accession 0000021665-24-000003) | 2.13 (accession 0000021665-25-000008) | 2.77 (accession 0000021665-26-000006) | 3.51 (accession 0000021665-26-000006) | 2.63 (accession 0000021665-26-000006) | — |
| YoY | +78.9% | -16.2% | +20.6% | 0% | +14.2% | -18.8% | -16.5% | +30% | +26.7% | -25.1% | — |
USD lines in millions; EPS per share. Annual columns are fiscal years, labeled by their period-end month (a filer's own fiscal label may differ). “—” is an honest gap: the filer did not tag that line for that period. *TTM (twelve months ended 2026-06-30) is computed from filed periods — latest fiscal year plus newer quarters minus their year-ago pairs; each line’s full trail rides the CSV export. Every column cites its accession in the export. Figures as filed via SEC EDGAR, never estimated.
Answers come strictly from CL's 10-K filed 2026-02-23, and every answer links the exact passages it used. Questions asking what to do with the stock are refused — that's the point.
Operating income as a share of revenue — what remains after both the direct cost of sales and the operating expenses (R&D, sales & marketing, G&A) that run the business. It measures how much of the gross margin survives the cost of operating the company.
Operating margin = Operating income ÷ Revenue
Each one computed from the same filings and cited the same way.
Educational use only — not investment advice. Figures come from public SEC filings; Echelon teaches you to analyze data, it never recommends buying or selling any security.