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 27.60% is 13% above its 5-year average of 24.44%, near the high end of its 5-year range (18.34%–29.69%).
2.73% above its 12-month average of 26.87%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
27.60%
OPERATING MARGIN AVG TTM
26.87%
OPERATING MARGIN AVG 3Y
26.32%
OPERATING MARGIN AVG 5Y
24.44%
OPERATING MARGIN AVG 10Y
23.60%
OPERATING MARGIN AVG 15Y
22.52%
OPERATING MARGIN AVG 20Y
21.73%
CURRENT VS TTM AVG
+2.73%
CURRENT VS 3Y AVG
+4.85%
CURRENT VS 5Y AVG
+12.93%
CURRENT VS 10Y AVG
+16.96%
CURRENT VS 15Y AVG
+22.54%
CURRENT VS 20Y AVG
+27.01%
SECTOR MEDIAN · UTILITIES
22.28%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+23.88%
vs the sector median at left
Duke Energy Corporation
Market Cap
$94.41B
Operating Margin
27.60%
TTM Avg
26.87%
3Y Avg
26.32%
5Y Avg
24.44%
Market Cap
$102.12B
Operating Margin
24.19%
TTM Avg
25.52%
3Y Avg
23.12%
5Y Avg
22.07%
Market Cap
$108.98B
Operating Margin
14.65%
TTM Avg
15.28%
3Y Avg
9.76%
5Y Avg
6.46%
Market Cap
$68.39B
Operating Margin
28.36%
TTM Avg
24.11%
3Y Avg
21.79%
5Y Avg
21.13%
Market Cap
$58.50B
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
$47.85B
Operating Margin
20.98%
TTM Avg
18.69%
3Y Avg
17.68%
5Y Avg
17.58%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Duke Energy Corporation (DUK) | $94.41B | 27.60% | 26.87% | 26.32% | 24.44% |
| The Southern Company (SO)vs › | $102.12B | 24.19% | 25.52% | 23.12% | 22.07% |
| Constellation Energy Corporation (CEG)vs › | $108.98B | 14.65% | 15.28% | 9.76% | 6.46% |
| American Electric Power Company, Inc. (AEP)vs › | $68.39B | 28.36% | 24.11% | 21.79% | 21.13% |
| Dominion Energy, Inc. (D)vs › | $58.50B | 25.13% | 24.60% | 20.82% | 19.21% |
| Sempra (SRE)vs › | $55.93B | 26.86% | 22.79% | 21.92% | 22.52% |
| Vistra Corp. (VST)vs › | $52.08B | 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 › | $47.85B | 20.98% | 18.69% | 17.68% | 17.58% |
| Exelon Corporation (EXC)vs › | $45.52B | 20.79% | 19.98% | 18.97% | 16.56% |
Gross Margin
31.6%
Operating Margin
27.6%
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 | 26.99% |
| 2026-03-31 | 29.69% |
| 2025-12-31 | 26.51% |
| 2025-09-30 | 26.92% |
| 2025-06-30 | 24.23% |
| 2025-03-31 | 28.40% |
| 2024-12-31 | 28.70% |
| 2024-09-30 | 26.29% |
| 2024-06-30 | 23.80% |
| 2024-03-31 | 25.59% |
| 2023-12-31 | 25.72% |
| 2023-09-30 | 26.41% |
| 2023-06-30 | 21.74% |
| 2023-03-31 | 23.01% |
| 2022-12-31 | 19.33% |
| 2022-09-30 | 26.22% |
| 2022-06-30 | 22.06% |
| 2022-03-31 | 18.74% |
| 2021-12-31 | 18.34% |
| 2021-09-30 | 24.27% |
| 2021-06-30 | 20.30% |
| 2021-03-31 | 23.58% |
| 2020-12-31 | 1.28% |
| 2020-09-30 | 26.99% |
| 2020-06-30 | 21.71% |
| 2020-03-31 | 25.01% |
| 2019-12-31 | 18.17% |
| 2019-09-30 | 27.80% |
| 2019-06-30 | 22.10% |
| 2019-03-31 | 22.28% |
| 2018-12-31 | 14.24% |
| 2018-09-30 | 23.82% |
| 2018-06-30 | 17.35% |
| 2018-03-31 | 20.47% |
| 2017-12-31 | 20.85% |
| 2017-09-30 | 25.62% |
| 2017-06-30 | 24.36% |
| 2017-03-31 | 24.47% |
| 2016-12-31 | 17.46% |
| 2016-09-30 | 30.21% |
| 2016-06-30 | 24.15% |
| 2016-03-31 | 23.06% |
| 2015-12-31 | 12.93% |
| 2015-09-30 | 26.04% |
| 2015-06-30 | 22.29% |
| 2015-03-31 | 24.01% |
| 2014-12-31 | 17.77% |
| 2014-09-30 | 25.32% |
| 2014-06-30 | 22.58% |
| 2014-03-31 | 21.75% |
| 2013-12-31 | 19.49% |
| 2013-09-30 | 26.70% |
| 2013-06-30 | 20.12% |
| 2013-03-31 | 20.57% |
| 2012-12-31 | 13.43% |
| 2012-09-30 | 21.96% |
| 2012-06-30 | 21.97% |
| 2012-03-31 | 13.64% |
| 2011-12-31 | 15.35% |
| 2011-09-30 | 19.35% |
| 2011-06-30 | 19.21% |
| 2011-03-31 | 21.95% |
| 2010-12-31 | 19.77% |
| 2010-09-30 | 26.18% |
| 2010-06-30 | -0.43% |
| 2010-03-31 | 21.17% |
| 2009-12-31 | 19.13% |
| 2009-09-30 | 13.10% |
| 2009-06-30 | 18.13% |
| 2009-03-31 | 20.56% |
| 2008-12-31 | 15.16% |
| 2008-09-30 | 16.45% |
| 2008-06-30 | 21.15% |
| 2008-03-31 | 22.51% |
| 2007-12-31 | 20.64% |
| 2007-09-30 | 24.08% |
| 2007-06-30 | 15.58% |
| 2007-03-31 | 18.65% |
| 2006-12-31 | 10.22% |
| 2006-09-30 | 19.06% |
| 2006-06-30 | 7.41% |
| 2006-03-31 | 20.86% |
| 2005-12-31 | 18.26% |
| 2005-09-30 | 29.39% |
| 2005-06-30 | 14.52% |
| 2005-03-31 | 12.50% |
| 2004-12-31 | 11.61% |
| 2004-09-30 | 16.63% |
| 2004-06-30 | 14.71% |
| 2004-03-31 | 12.62% |
| 2003-12-31 | -47.50% |
| 2003-09-30 | 5.17% |
| 2003-06-30 | 12.93% |
| 2003-03-31 | 14.37% |
| 2002-12-31 | 3.60% |
| 2002-09-30 | 13.56% |