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 14.36% is in line with its 5-year average of 13.13%, near the low end of its 5-year range (-24.77%–382.07%).
2.31% above its 12-month average of 14.04%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 24.12%.
OPERATING MARGIN
14.36%
OPERATING MARGIN AVG TTM
14.04%
OPERATING MARGIN AVG 3Y
12.19%
OPERATING MARGIN AVG 5Y
13.13%
OPERATING MARGIN AVG 10Y
19.69%
OPERATING MARGIN AVG 15Y
24.11%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+2.31%
CURRENT VS 3Y AVG
+17.79%
CURRENT VS 5Y AVG
+9.38%
CURRENT VS 10Y AVG
-27.05%
CURRENT VS 15Y AVG
-40.45%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
22.28%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-35.55%
vs the sector median at left
Clearway Energy, Inc.
Market Cap
$6.03B
Operating Margin
14.36%
TTM Avg
14.04%
3Y Avg
12.19%
5Y Avg
13.13%
Market Cap
$5.40B
Operating Margin
23.79%
TTM Avg
23.46%
3Y Avg
21.26%
5Y Avg
21.88%
Market Cap
$8.67B
Operating Margin
10.61%
TTM Avg
15.88%
3Y Avg
20.68%
5Y Avg
27.41%
Market Cap
$2.96B
Operating Margin
18.76%
TTM Avg
16.91%
3Y Avg
14.91%
5Y Avg
15.52%
Market Cap
$1.99B
Operating Margin
31.63%
TTM Avg
23.98%
3Y Avg
19.88%
5Y Avg
19.61%
Market Cap
$10.63B
Operating Margin
17.48%
TTM Avg
16.31%
3Y Avg
17.25%
5Y Avg
19.67%
Market Cap
$1.40B
Operating Margin
-4.05%
TTM Avg
-0.53%
3Y Avg
-7.30%
5Y Avg
-8.75%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Clearway Energy, Inc. (CWEN) | $6.03B | 14.36% | 14.04% | 12.19% | 13.13% |
| Oklo Inc. (OKLO)vs › | $6.24B | 0.00% | 0.00% | 0.00% | 0.00% |
| Black Hills Corporation (BKH)vs › | $5.40B | 23.79% | 23.46% | 21.26% | 21.88% |
| UGI Corporation (UGI)vs › | $7.98B | 14.05% | 12.93% | 6.55% | 12.12% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $8.67B | 10.61% | 15.88% | 20.68% | 27.41% |
| Avista Corporation (AVA)vs › | $2.96B | 18.76% | 16.91% | 14.91% | 15.52% |
| Northwest Natural Holding Company (NWN)vs › | $1.99B | 31.63% | 23.98% | 19.88% | 19.61% |
| The AES Corporation (AES)vs › | $10.63B | 17.48% | 16.31% | 17.25% | 19.67% |
| Fluence Energy, Inc. (FLNC)vs › | $1.40B | -4.05% | -0.53% | -7.30% | -8.75% |
| XPLR Infrastructure, LP (XIFR)vs › | $979.49M | -0.08% | -16.22% | -7.63% | 0.99% |
Gross Margin
15.2%
Operating Margin
14.4%
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 | 24.12% |
| 2026-03-31 | 7.63% |
| 2025-12-31 | -9.35% |
| 2025-09-30 | 26.11% |
| 2025-06-30 | 21.68% |
| 2025-03-31 | 1.01% |
| 2024-12-31 | -14.45% |
| 2024-09-30 | 36.63% |
| 2024-06-30 | 22.95% |
| 2024-03-31 | -11.03% |
| 2023-12-31 | -8.84% |
| 2023-09-30 | 25.34% |
| 2023-06-30 | 36.70% |
| 2023-03-31 | 14.58% |
| 2022-12-31 | 4.48% |
| 2022-09-30 | 30.88% |
| 2022-06-30 | 382.07% |
| 2022-03-31 | -24.77% |
| 2021-12-31 | 18.55% |
| 2021-09-30 | 25.36% |
| 2021-06-30 | 35.00% |
| 2021-03-31 | -5.91% |
| 2020-12-31 | 10.00% |
| 2020-09-30 | 37.05% |
| 2020-06-30 | 39.51% |
| 2020-03-31 | 20.16% |
| 2019-12-31 | 2.55% |
| 2019-09-30 | 30.41% |
| 2019-06-30 | 30.63% |
| 2019-03-31 | 18.89% |
| 2018-12-31 | 23.58% |
| 2018-09-30 | 34.25% |
| 2018-06-30 | 46.91% |
| 2018-03-31 | 21.78% |
| 2017-12-31 | 4.96% |
| 2017-09-30 | 35.85% |
| 2017-06-30 | 42.96% |
| 2017-03-31 | 24.77% |
| 2016-12-31 | -42.67% |
| 2016-09-30 | 43.01% |
| 2016-06-30 | 43.80% |
| 2016-03-31 | 30.91% |
| 2015-12-31 | 21.29% |
| 2015-09-30 | 41.15% |
| 2015-06-30 | 40.09% |
| 2015-03-31 | 26.67% |
| 2014-12-31 | 31.08% |
| 2014-09-30 | 43.48% |
| 2014-06-30 | 38.06% |
| 2014-03-31 | 34.55% |
| 2013-12-31 | 38.37% |
| 2013-09-30 | 47.37% |
| 2013-06-30 | 48.10% |
| 2013-03-31 | 22.64% |
| 2012-12-31 | 7.14% |
| 2012-09-30 | 23.40% |
| 2012-06-30 | 19.05% |
| 2012-03-31 | 20.45% |