Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 2.02% is 186% above its 5-year average of -2.34%, near the high end of its 5-year range (-57.33%–18.96%).
As of the fiscal period ended Tuesday, March 31, 2026. 33.10% below its 12-month average of 3.03%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
2.02%
OPERATING MARGIN AVG TTM
3.03%
OPERATING MARGIN AVG 3Y
10.85%
OPERATING MARGIN AVG 5Y
3.15%
OPERATING MARGIN AVG 10Y
N/A
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-33.10%
CURRENT VS 3Y AVG
-81.34%
CURRENT VS 5Y AVG
-35.78%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
16.21%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-87.51%
vs the sector median at left
Array Technologies, Inc.
Market Cap
$908.34M
Operating Margin
2.02%
TTM Avg
3.03%
3Y Avg
10.85%
5Y Avg
3.15%
Market Cap
$995.64M
Operating Margin
-0.55%
TTM Avg
-4.38%
3Y Avg
0.71%
5Y Avg
1.87%
Market Cap
$1.24B
Operating Margin
37.53%
TTM Avg
47.39%
3Y Avg
60.23%
5Y Avg
60.44%
Market Cap
$222.39M
Operating Margin
-152.39%
TTM Avg
-138.06%
3Y Avg
-267.60%
5Y Avg
-178.40%
Market Cap
$2.86B
Operating Margin
-17.89%
TTM Avg
-106.78%
3Y Avg
-51.72%
5Y Avg
-31.09%
Market Cap
$3.44B
Operating Margin
6.20%
TTM Avg
11.29%
3Y Avg
11.09%
5Y Avg
-4.30%
Market Cap
$3.54B
Operating Margin
6.74%
TTM Avg
11.02%
3Y Avg
14.68%
5Y Avg
17.04%
Market Cap
$4.62B
Operating Margin
20.70%
TTM Avg
22.83%
3Y Avg
29.75%
5Y Avg
25.77%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Array Technologies, Inc. (ARRY) | $908.34M | 2.02% | 3.03% | 10.85% | 3.15% |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | -0.55% | -4.38% | 0.71% | 1.87% |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.24B | 37.53% | 47.39% | 60.23% | 60.44% |
| Star Group, L.P. (SGU)vs › | $417.32M | 6.66% | 4.42% | 3.55% | 3.63% |
| enCore Energy Corp. (EU)vs › | $222.39M | -152.39% | -138.06% | -267.60% | -178.40% |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.86B | -17.89% | -106.78% | -51.72% | -31.09% |
| Helmerich & Payne, Inc. (HP)vs › | $3.44B | 6.20% | 11.29% | 11.09% | -4.30% |
| Centrus Energy Corp. (LEU)vs › | $3.54B | 6.74% | 11.02% | 14.68% | 17.04% |
| California Resources Corp (CRC)vs › | $4.62B | 20.70% | 22.83% | 29.75% | 25.77% |
| Enphase Energy, Inc. (ENPH)vs › | $5.32B | 8.27% | 8.49% | 13.92% | 15.90% |
Gross Margin
23.7%
Operating Margin
2.0%
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 |
|---|---|
| 2026-03-31 | 2.02% |
| 2025-12-31 | -20.52% |
| 2025-09-30 | 11.81% |
| 2025-06-30 | 12.84% |
| 2025-03-31 | 8.97% |
| 2024-12-31 | -51.72% |
| 2024-09-30 | -57.33% |
| 2024-06-30 | 15.48% |
| 2024-03-31 | 5.48% |
| 2023-12-31 | 8.85% |
| 2023-09-30 | 11.47% |
| 2023-06-30 | 18.96% |
| 2023-03-31 | 12.60% |
| 2022-12-31 | 1.84% |
| 2022-09-30 | 3.34% |
| 2022-06-30 | -3.18% |
| 2022-03-31 | -12.76% |
| 2021-12-31 | -12.88% |
| 2021-09-30 | -10.34% |
| 2021-06-30 | -0.29% |
| 2021-03-31 | 6.19% |
| 2020-12-31 | -1.24% |
| 2020-09-30 | -3.66% |
| 2020-06-30 | 1.05% |
| 2020-03-31 | 23.15% |
| 2019-12-31 | 18.02% |
| 2019-09-30 | 14.33% |
| 2019-06-30 | 6.46% |
| 2019-03-31 | 6.46% |
