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 18.76% is 30% above its 5-year average of 14.41%, near the high end of its 5-year range (5.40%–23.51%).
8.62% above its 12-month average of 17.27%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 13.08%.
OPERATING MARGIN
18.76%
OPERATING MARGIN AVG TTM
17.27%
OPERATING MARGIN AVG 3Y
16.09%
OPERATING MARGIN AVG 5Y
14.41%
OPERATING MARGIN AVG 10Y
16.00%
OPERATING MARGIN AVG 15Y
15.79%
OPERATING MARGIN AVG 20Y
14.98%
CURRENT VS TTM AVG
+8.62%
CURRENT VS 3Y AVG
+16.62%
CURRENT VS 5Y AVG
+30.18%
CURRENT VS 10Y AVG
+17.23%
CURRENT VS 15Y AVG
+18.81%
CURRENT VS 20Y AVG
+25.20%
SECTOR MEDIAN · UTILITIES
22.28%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-15.80%
vs the sector median at left
Avista Corporation
Market Cap
$2.94B
Operating Margin
18.76%
TTM Avg
17.27%
3Y Avg
16.09%
5Y Avg
14.41%
Market Cap
$1.98B
Operating Margin
31.63%
TTM Avg
23.98%
3Y Avg
19.88%
5Y Avg
19.61%
Market Cap
$1.38B
Operating Margin
-4.05%
TTM Avg
-0.53%
3Y Avg
-7.30%
5Y Avg
-8.75%
Market Cap
$987.04M
Operating Margin
-0.08%
TTM Avg
-16.22%
3Y Avg
-7.63%
5Y Avg
0.99%
Market Cap
$5.32B
Operating Margin
23.79%
TTM Avg
23.46%
3Y Avg
21.26%
5Y Avg
21.88%
Market Cap
$8.65B
Operating Margin
10.61%
TTM Avg
15.88%
3Y Avg
20.68%
5Y Avg
27.41%
Market Cap
$10.59B
Operating Margin
17.48%
TTM Avg
16.31%
3Y Avg
17.25%
5Y Avg
19.67%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Avista Corporation (AVA) | $2.94B | 18.76% | 17.27% | 16.09% | 14.41% |
| Northwest Natural Holding Company (NWN)vs › | $1.98B | 31.63% | 23.98% | 19.88% | 19.61% |
| Fluence Energy, Inc. (FLNC)vs › | $1.38B | -4.05% | -0.53% | -7.30% | -8.75% |
| XPLR Infrastructure, LP (XIFR)vs › | $987.04M | -0.08% | -16.22% | -7.63% | 0.99% |
| Black Hills Corporation (BKH)vs › | $5.32B | 23.79% | 23.46% | 21.26% | 21.88% |
| Oklo Inc. (OKLO)vs › | $6.66B | 0.00% | 0.00% | 0.00% | 0.00% |
| UGI Corporation (UGI)vs › | $7.80B | 14.05% | 12.93% | 6.55% | 12.12% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $8.65B | 10.61% | 15.88% | 20.68% | 27.41% |
| The AES Corporation (AES)vs › | $10.59B | 17.48% | 16.31% | 17.25% | 19.67% |
| Pinnacle West Capital Corporation (PNW)vs › | $11.04B | 27.03% | 20.34% | 18.79% | 19.72% |
Gross Margin
24.2%
Operating Margin
18.8%
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 | 13.08% |
| 2026-03-31 | 23.51% |
| 2025-12-31 | 21.01% |
| 2025-09-30 | 14.89% |
| 2025-06-30 | 13.87% |
| 2025-03-31 | 20.26% |
| 2024-12-31 | 19.12% |
| 2024-09-30 | 12.39% |
| 2024-06-30 | 13.68% |
| 2024-03-31 | 16.58% |
| 2023-12-31 | 19.17% |
| 2023-09-30 | 10.03% |
| 2023-06-30 | 11.53% |
| 2023-03-31 | 16.14% |
| 2022-12-31 | 12.46% |
| 2022-09-30 | 5.40% |
| 2022-06-30 | 6.41% |
| 2022-03-31 | 17.96% |
| 2021-12-31 | 16.30% |
| 2021-09-30 | 8.18% |
| 2021-06-30 | 10.65% |
| 2021-03-31 | 24.68% |
| 2020-12-31 | 22.89% |
| 2020-09-30 | 10.45% |
| 2020-06-30 | 12.54% |
| 2020-03-31 | 21.06% |
| 2019-12-31 | 20.11% |
| 2019-09-30 | 10.66% |
| 2019-06-30 | 13.22% |
| 2019-03-31 | 16.92% |
| 2018-12-31 | 20.74% |
| 2018-09-30 | 12.31% |
| 2018-06-30 | 16.69% |
| 2018-03-31 | 23.01% |
| 2017-12-31 | 20.61% |
| 2017-09-30 | 10.45% |
| 2017-06-30 | 17.84% |
| 2017-03-31 | 26.44% |
| 2016-12-31 | 20.52% |
| 2016-09-30 | 13.05% |
| 2016-06-30 | 19.32% |
| 2016-03-31 | 25.37% |
| 2015-12-31 | 18.17% |
| 2015-09-30 | 11.45% |
| 2015-06-30 | 17.00% |
| 2015-03-31 | 20.06% |
| 2014-12-31 | 16.21% |
| 2014-09-30 | 10.86% |
| 2014-06-30 | 20.07% |
| 2014-03-31 | 18.97% |
| 2013-12-31 | 14.81% |
| 2013-09-30 | 10.50% |
| 2013-06-30 | 16.40% |
| 2013-03-31 | 17.61% |
| 2012-12-31 | 10.00% |
| 2012-09-30 | 8.81% |
| 2012-06-30 | 14.06% |
| 2012-03-31 | 17.41% |
| 2011-12-31 | 13.76% |
| 2011-09-30 | 10.15% |
| 2011-06-30 | 15.40% |
| 2011-03-31 | 17.80% |
| 2010-12-31 | 16.79% |
| 2010-09-30 | 10.28% |
| 2010-06-30 | 17.12% |
| 2010-03-31 | 14.86% |
| 2009-12-31 | 13.14% |
| 2009-09-30 | 7.55% |
| 2009-06-30 | 18.91% |
| 2009-03-31 | 13.51% |
| 2008-12-31 | 9.84% |
| 2008-09-30 | 6.62% |
| 2008-06-30 | 16.13% |
| 2008-03-31 | 11.90% |
| 2007-12-31 | 11.25% |
| 2007-09-30 | 4.44% |
| 2007-06-30 | 13.23% |
| 2007-03-31 | 8.48% |
| 2006-12-31 | 12.24% |
| 2006-09-30 | 11.64% |
| 2006-06-30 | 14.82% |
| 2006-03-31 | 14.21% |
| 2005-12-31 | 12.15% |
| 2005-09-30 | 1.81% |
| 2005-06-30 | 18.04% |
| 2005-03-31 | 10.53% |
| 2004-12-31 | 16.49% |
| 2004-09-30 | 1.88% |
| 2004-06-30 | 16.20% |
| 2004-03-31 | 12.57% |
| 2003-12-31 | 12.06% |
| 2003-09-30 | 12.53% |
| 2003-06-30 | 20.18% |
| 2003-03-31 | 17.00% |
| 2002-12-31 | 15.20% |
| 2002-09-30 | 10.61% |
