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 17.65% is 49% above its 5-year average of 11.85%, near the high end of its 5-year range (-11.05%–23.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 121.58% above its 12-month average of 7.97%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
17.65%
OPERATING MARGIN AVG TTM
7.97%
OPERATING MARGIN AVG 3Y
8.29%
OPERATING MARGIN AVG 5Y
14.24%
OPERATING MARGIN AVG 10Y
8.64%
OPERATING MARGIN AVG 15Y
1.37%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+121.58%
CURRENT VS 3Y AVG
+113.05%
CURRENT VS 5Y AVG
+24.00%
CURRENT VS 10Y AVG
+104.39%
CURRENT VS 15Y AVG
+1190.01%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
15.72%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+12.29%
vs the sector median at left
Enphase Energy, Inc.
Market Cap
$4.62B
Operating Margin
17.65%
TTM Avg
7.97%
3Y Avg
8.29%
5Y Avg
14.24%
Market Cap
$4.49B
Operating Margin
20.70%
TTM Avg
22.83%
3Y Avg
29.75%
5Y Avg
25.77%
Market Cap
$5.90B
Operating Margin
12.70%
TTM Avg
16.19%
3Y Avg
14.46%
5Y Avg
3.45%
Market Cap
$3.34B
Operating Margin
6.20%
TTM Avg
11.29%
3Y Avg
11.09%
5Y Avg
-4.30%
Market Cap
$3.03B
Operating Margin
6.74%
TTM Avg
11.02%
3Y Avg
14.68%
5Y Avg
17.04%
Market Cap
$2.37B
Operating Margin
-17.89%
TTM Avg
-106.78%
3Y Avg
-51.72%
5Y Avg
-31.09%
Market Cap
$1.30B
Operating Margin
37.53%
TTM Avg
47.39%
3Y Avg
60.23%
5Y Avg
60.44%
Market Cap
$995.64M
Operating Margin
-0.55%
TTM Avg
-4.38%
3Y Avg
0.71%
5Y Avg
1.87%
Market Cap
$739.90M
Operating Margin
4.24%
TTM Avg
-9.52%
3Y Avg
-1.64%
5Y Avg
0.24%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enphase Energy, Inc. (ENPH) | $4.62B | 17.65% | 7.97% | 8.29% | 14.24% |
| California Resources Corp (CRC)vs › | $4.49B | 20.70% | 22.83% | 29.75% | 25.77% |
| Weatherford International plc (WFRD)vs › | $5.90B | 12.70% | 16.19% | 14.46% | 3.45% |
| Helmerich & Payne, Inc. (HP)vs › | $3.34B | 6.20% | 11.29% | 11.09% | -4.30% |
| Centrus Energy Corp. (LEU)vs › | $3.03B | 6.74% | 11.02% | 14.68% | 17.04% |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.37B | -17.89% | -106.78% | -51.72% | -31.09% |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.30B | 37.53% | 47.39% | 60.23% | 60.44% |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | -0.55% | -4.38% | 0.71% | 1.87% |
| Array Technologies, Inc. (ARRY)vs › | $739.90M | 4.24% | -9.52% | -1.64% | 0.24% |
| Star Group, L.P. (SGU)vs › | $412.72M | 6.66% | 4.42% | 3.55% | 3.63% |
Gross Margin
47.0%
Operating Margin
17.7%
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 | 17.65% |
| 2026-03-31 | -10.48% |
| 2025-12-31 | 6.35% |
| 2025-09-30 | 16.12% |
| 2025-06-30 | 10.19% |
| 2025-03-31 | 8.96% |
| 2024-12-31 | 14.32% |
| 2024-09-30 | 13.07% |
| 2024-06-30 | 0.59% |
| 2024-03-31 | -11.05% |
| 2023-12-31 | -3.38% |
| 2023-09-30 | 21.41% |
| 2023-06-30 | 23.95% |
| 2023-03-31 | 23.09% |
| 2022-12-31 | 21.66% |
| 2022-09-30 | 21.34% |
| 2022-06-30 | 17.74% |
| 2022-03-31 | 14.01% |
| 2021-12-31 | 13.98% |
| 2021-09-30 | 10.63% |
| 2021-06-30 | 18.79% |
| 2021-03-31 | 20.34% |
| 2020-12-31 | 29.87% |
| 2020-09-30 | 29.00% |
| 2020-06-30 | 8.65% |
| 2020-03-31 | 21.75% |
| 2019-12-31 | 21.16% |
| 2019-09-30 | 18.72% |
| 2019-06-30 | 13.01% |
| 2019-03-31 | 7.12% |
| 2018-12-31 | 5.42% |
| 2018-09-30 | -0.48% |
| 2018-06-30 | -0.74% |
| 2018-03-31 | -3.54% |
| 2017-12-31 | -2.68% |
| 2017-09-30 | -7.66% |
| 2017-06-30 | -12.38% |
| 2017-03-31 | -40.36% |
| 2016-12-31 | -11.14% |
| 2016-09-30 | -19.99% |
| 2016-06-30 | -19.94% |
| 2016-03-31 | -29.77% |
| 2015-12-31 | -23.12% |
| 2015-09-30 | 1.73% |
| 2015-06-30 | -0.36% |
| 2015-03-31 | -6.40% |
| 2014-12-31 | 1.85% |
| 2014-09-30 | 1.91% |
| 2014-06-30 | -3.03% |
| 2014-03-31 | -10.05% |
| 2013-12-31 | -2.40% |
| 2013-09-30 | -8.61% |
| 2013-06-30 | -9.44% |
| 2013-03-31 | -21.31% |
| 2012-12-31 | -10.73% |
| 2012-09-30 | -13.48% |
| 2012-06-30 | -13.47% |
| 2012-03-31 | -21.78% |
| 2011-12-31 | -6.70% |
| 2011-09-30 | -14.39% |
| 2011-06-30 | -32.07% |
| 2011-03-31 | -49.57% |
| 2010-12-31 | -32.40% |
| 2010-09-30 | -30.94% |
| 2010-06-30 | -41.99% |
| 2010-03-31 | -32.22% |
