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 12.35% is in line with its 5-year average of 13.31%, around the middle of its 5-year range (3.72%–19.33%).
2.88% below its 12-month average of 12.72%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 11.87%.
OPERATING MARGIN
12.35%
OPERATING MARGIN AVG TTM
12.72%
OPERATING MARGIN AVG 3Y
15.21%
OPERATING MARGIN AVG 5Y
13.31%
OPERATING MARGIN AVG 10Y
13.28%
OPERATING MARGIN AVG 15Y
13.31%
OPERATING MARGIN AVG 20Y
13.35%
CURRENT VS TTM AVG
-2.88%
CURRENT VS 3Y AVG
-18.81%
CURRENT VS 5Y AVG
-7.19%
CURRENT VS 10Y AVG
-6.98%
CURRENT VS 15Y AVG
-7.22%
CURRENT VS 20Y AVG
-7.51%
SECTOR MEDIAN · UTILITIES
22.28%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-44.57%
vs the sector median at left
DTE Energy Company
Market Cap
$25.27B
Operating Margin
12.35%
TTM Avg
12.72%
3Y Avg
15.21%
5Y Avg
13.31%
Market Cap
$25.06B
Operating Margin
18.57%
TTM Avg
18.20%
3Y Avg
17.33%
5Y Avg
17.48%
Market Cap
$26.02B
Operating Margin
36.94%
TTM Avg
36.62%
3Y Avg
35.58%
5Y Avg
34.30%
Market Cap
$26.24B
Operating Margin
36.97%
TTM Avg
32.86%
3Y Avg
28.15%
5Y Avg
28.06%
Market Cap
$24.27B
Operating Margin
23.24%
TTM Avg
22.79%
3Y Avg
20.65%
5Y Avg
18.82%
Market Cap
$24.11B
Operating Margin
24.02%
TTM Avg
22.05%
3Y Avg
20.28%
5Y Avg
22.45%
Market Cap
$23.95B
Operating Margin
22.34%
TTM Avg
22.40%
3Y Avg
20.71%
5Y Avg
20.89%
Market Cap
$27.51B
Operating Margin
24.87%
TTM Avg
21.46%
3Y Avg
20.68%
5Y Avg
21.00%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DTE Energy Company (DTE) | $25.27B | 12.35% | 12.72% | 15.21% | 13.31% |
| FirstEnergy Corp. (FE)vs › | $25.06B | 18.57% | 18.20% | 17.33% | 17.48% |
| American Water Works Company, Inc. (AWK)vs › | $26.02B | 36.94% | 36.62% | 35.58% | 34.30% |
| Atmos Energy Corporation (ATO)vs › | $26.24B | 36.97% | 32.86% | 28.15% | 28.06% |
| CenterPoint Energy, Inc. (CNP)vs › | $24.27B | 23.24% | 22.79% | 20.65% | 18.82% |
| PPL Corporation (PPL)vs › | $24.11B | 24.02% | 22.05% | 20.28% | 22.45% |
| Eversource Energy (ES)vs › | $23.95B | 22.34% | 22.40% | 20.71% | 20.89% |
| Ameren Corporation (AEE)vs › | $27.51B | 24.87% | 21.46% | 20.68% | 21.00% |
| NRG Energy, Inc. (NRG)vs › | $21.18B | 5.38% | 7.32% | 5.59% | 7.82% |
| Edison International (EIX)vs › | $20.26B | 36.72% | 26.68% | 19.52% | 16.16% |
Gross Margin
84.9%
Operating Margin
12.3%
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 | 11.87% |
| 2026-03-31 | 8.01% |
| 2025-12-31 | 13.66% |
| 2025-09-30 | 17.55% |
| 2025-06-30 | 12.49% |
| 2025-03-31 | 14.05% |
| 2024-12-31 | 16.15% |
| 2024-09-30 | 17.79% |
| 2024-06-30 | 17.46% |
| 2024-03-31 | 15.96% |
| 2023-12-31 | 19.33% |
| 2023-09-30 | 18.63% |
| 2023-06-30 | 14.79% |
| 2023-03-31 | 17.25% |
| 2022-12-31 | 10.32% |
| 2022-09-30 | 10.38% |
| 2022-06-30 | 3.72% |
| 2022-03-31 | 12.19% |
| 2021-12-31 | 8.93% |
| 2021-09-30 | 10.90% |
| 2021-06-30 | 8.01% |
| 2021-03-31 | 12.09% |
| 2020-12-31 | 14.14% |
| 2020-09-30 | 15.55% |
| 2020-06-30 | 14.21% |
| 2020-03-31 | 18.07% |
| 2019-12-31 | 13.18% |
| 2019-09-30 | 14.43% |
| 2019-06-30 | 10.39% |
| 2019-03-31 | 15.42% |
| 2018-12-31 | 8.85% |
| 2018-09-30 | 12.08% |
| 2018-06-30 | 10.41% |
| 2018-03-31 | 13.43% |
| 2017-12-31 | 10.88% |
| 2017-09-30 | 13.37% |
| 2017-06-30 | 11.21% |
| 2017-03-31 | 18.08% |
| 2016-12-31 | 10.47% |
| 2016-09-30 | 17.32% |
| 2016-06-30 | 11.32% |
| 2016-03-31 | 14.85% |
| 2015-12-31 | 5.39% |
| 2015-09-30 | 16.94% |
| 2015-06-30 | 8.99% |
| 2015-03-31 | 15.45% |
| 2014-12-31 | 17.61% |
| 2014-09-30 | 9.21% |
| 2014-06-30 | 9.23% |
| 2014-03-31 | 14.25% |
| 2013-12-31 | 9.51% |
| 2013-09-30 | 13.78% |
| 2013-06-30 | 10.02% |
| 2013-03-31 | 16.30% |
| 2012-12-31 | 11.38% |
| 2012-09-30 | 18.54% |
| 2012-06-30 | 14.52% |
| 2012-03-31 | 13.87% |
| 2011-12-31 | 15.92% |
| 2011-09-30 | 17.62% |
| 2011-06-30 | 14.20% |
| 2011-03-31 | 16.04% |
| 2010-12-31 | 16.11% |
| 2010-09-30 | 18.05% |
| 2010-06-30 | 14.29% |
| 2010-03-31 | 19.24% |
| 2009-12-31 | 14.03% |
| 2009-09-30 | 16.93% |
| 2009-06-30 | 12.74% |
| 2009-03-31 | 17.52% |
| 2008-12-31 | 13.92% |
| 2008-09-30 | 16.04% |
| 2008-06-30 | 6.97% |
| 2008-03-31 | 11.63% |
| 2007-12-31 | 97.79% |
| 2007-09-30 | 11.83% |
| 2007-06-30 | -9.96% |
| 2007-03-31 | 10.26% |
| 2006-12-31 | 5.53% |
| 2006-09-30 | 16.71% |
| 2006-06-30 | 5.12% |
| 2006-03-31 | 8.99% |
| 2005-12-31 | 14.53% |
| 2005-09-30 | -2.77% |
| 2005-06-30 | 3.66% |
| 2005-03-31 | 6.41% |
| 2004-12-31 | 19.52% |
| 2004-09-30 | 7.69% |
| 2004-06-30 | 2.27% |
| 2004-03-31 | 15.15% |
| 2003-12-31 | 9.16% |
| 2003-09-30 | 13.24% |
| 2003-06-30 | 3.00% |
| 2003-03-31 | 10.36% |
| 2002-12-31 | 16.27% |
| 2002-09-30 | 17.34% |
