Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 28.36% is 33% above its 5-year average of 21.33%, around the middle of its 5-year range (15.10%–47.46%).
0.48% above its 12-month average of 28.22%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
28.36%
OPERATING MARGIN AVG TTM
28.22%
OPERATING MARGIN AVG 3Y
23.07%
OPERATING MARGIN AVG 5Y
21.33%
OPERATING MARGIN AVG 10Y
20.23%
OPERATING MARGIN AVG 15Y
20.08%
OPERATING MARGIN AVG 20Y
19.44%
CURRENT VS TTM AVG
+0.48%
CURRENT VS 3Y AVG
+22.95%
CURRENT VS 5Y AVG
+32.94%
CURRENT VS 10Y AVG
+40.16%
CURRENT VS 15Y AVG
+41.25%
CURRENT VS 20Y AVG
+45.86%
SECTOR MEDIAN · UTILITIES
22.28%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+27.29%
vs the sector median at left
American Electric Power Company, Inc.
Market Cap
$68.28B
Operating Margin
28.36%
TTM Avg
28.22%
3Y Avg
23.07%
5Y Avg
21.33%
Market Cap
$58.24B
Operating Margin
25.13%
TTM Avg
24.60%
3Y Avg
20.82%
5Y Avg
19.21%
Market Cap
$50.64B
Operating Margin
22.22%
TTM Avg
22.95%
3Y Avg
20.59%
5Y Avg
19.26%
Market Cap
$48.02B
Operating Margin
20.98%
TTM Avg
18.69%
3Y Avg
17.68%
5Y Avg
17.58%
Market Cap
$45.28B
Operating Margin
20.79%
TTM Avg
19.98%
3Y Avg
18.97%
5Y Avg
16.56%
Market Cap
$94.52B
Operating Margin
27.60%
TTM Avg
26.36%
3Y Avg
24.49%
5Y Avg
23.31%
Market Cap
$39.90B
Operating Margin
17.98%
TTM Avg
17.62%
3Y Avg
16.92%
5Y Avg
18.31%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Electric Power Company, Inc. (AEP) | $68.28B | 28.36% | 28.22% | 23.07% | 21.33% |
| Dominion Energy, Inc. (D)vs › | $58.24B | 25.13% | 24.60% | 20.82% | 19.21% |
| Sempra (SRE)vs › | $55.90B | 26.86% | 22.79% | 21.92% | 22.52% |
| Vistra Corp. (VST)vs › | $51.16B | 2.34% | 20.00% | 20.00% | 14.33% |
| Entergy Corporation (ETR)vs › | $50.64B | 22.22% | 22.95% | 20.59% | 19.26% |
| Xcel Energy Inc. (XEL)vs › | $48.02B | 20.98% | 18.69% | 17.68% | 17.58% |
| Exelon Corporation (EXC)vs › | $45.28B | 20.79% | 19.98% | 18.97% | 16.56% |
| Duke Energy Corporation (DUK)vs › | $94.52B | 27.60% | 26.36% | 24.49% | 23.31% |
| Consolidated Edison, Inc. (ED)vs › | $39.90B | 17.98% | 17.62% | 16.92% | 18.31% |
| PG&E Corporation (PCG)vs › | $39.72B | 19.99% | 18.93% | 16.65% | 14.64% |
Gross Margin
31.8%
Operating Margin
28.4%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 47.46% |
| 2026-03-31 | 22.59% |
| 2025-12-31 | 18.25% |
| 2025-09-30 | 25.31% |
| 2025-06-30 | 27.51% |
| 2025-03-31 | 25.84% |
| 2024-12-31 | 23.35% |
| 2024-09-30 | 25.87% |
| 2024-06-30 | 18.94% |
| 2024-03-31 | 24.37% |
| 2023-12-31 | 17.08% |
| 2023-09-30 | 25.49% |
| 2023-06-30 | 22.20% |
| 2023-03-31 | 20.00% |
| 2022-12-31 | 15.10% |
| 2022-09-30 | 18.30% |
| 2022-06-30 | 18.39% |
| 2022-03-31 | 18.76% |
| 2021-12-31 | 16.81% |
| 2021-09-30 | 21.74% |
| 2021-06-30 | 20.77% |
| 2021-03-31 | 18.90% |
| 2020-12-31 | 15.86% |
| 2020-09-30 | 22.99% |
| 2020-06-30 | 20.50% |
| 2020-03-31 | 20.27% |
| 2019-12-31 | 12.54% |
| 2019-09-30 | 21.81% |
| 2019-06-30 | 15.34% |
| 2019-03-31 | 19.36% |
| 2018-12-31 | 16.19% |
| 2018-09-30 | 15.03% |
| 2018-06-30 | 18.27% |
| 2018-03-31 | 17.72% |
| 2017-12-31 | 21.38% |
| 2017-09-30 | 23.38% |
| 2017-06-30 | 20.21% |
| 2017-03-31 | 22.03% |
| 2016-12-31 | 14.42% |
| 2016-09-30 | 24.23% |
| 2016-06-30 | 22.25% |
| 2016-03-31 | 22.07% |
| 2015-12-31 | 12.88% |
| 2015-09-30 | 21.67% |
| 2015-06-30 | 21.01% |
| 2015-03-31 | 24.08% |
| 2014-12-31 | 12.39% |
| 2014-09-30 | 21.75% |
| 2014-06-30 | 18.97% |
| 2014-03-31 | 22.40% |
| 2013-12-31 | 17.97% |
| 2013-09-30 | 20.95% |
| 2013-06-30 | 15.27% |
| 2013-03-31 | 19.73% |
| 2012-12-31 | 6.89% |
| 2012-09-30 | 21.94% |
| 2012-06-30 | 20.87% |
| 2012-03-31 | 20.80% |
| 2011-12-31 | 9.96% |
| 2011-09-30 | 20.54% |
| 2011-06-30 | 19.87% |
| 2011-03-31 | 22.31% |
| 2010-12-31 | 14.15% |
| 2010-09-30 | 25.22% |
| 2010-06-30 | 11.73% |
| 2010-03-31 | 21.24% |
| 2009-12-31 | 14.66% |
| 2009-09-30 | 24.19% |
| 2009-06-30 | 21.30% |
| 2009-03-31 | 21.69% |
| 2008-12-31 | 13.44% |
| 2008-09-30 | 17.59% |
| 2008-06-30 | 16.53% |
| 2008-03-31 | 30.08% |
| 2007-12-31 | 12.64% |
| 2007-09-30 | 21.01% |
| 2007-06-30 | 17.36% |
| 2007-03-31 | 16.47% |
| 2006-12-31 | 12.40% |
| 2006-09-30 | 14.89% |
| 2006-06-30 | 12.64% |
| 2006-03-31 | 19.98% |
| 2005-12-31 | 10.70% |
| 2005-09-30 | 18.72% |
| 2005-06-30 | 16.14% |
| 2005-03-31 | 17.78% |
| 2004-12-31 | 23.30% |
| 2004-09-30 | 16.90% |
| 2004-06-30 | 11.96% |
| 2004-03-31 | 18.61% |
| 2003-12-31 | -2.20% |
| 2003-09-30 | 18.65% |
| 2003-06-30 | 11.39% |
| 2003-03-31 | 16.64% |
| 2002-12-31 | 12.60% |
| 2002-09-30 | 20.52% |