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 11.71% is 11% below its 5-year average of 13.19%, near the low end of its 5-year range (10.98%–15.79%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.14% below its 12-month average of 13.49%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
11.71%
OPERATING MARGIN AVG TTM
13.49%
OPERATING MARGIN AVG 3Y
13.32%
OPERATING MARGIN AVG 5Y
13.19%
OPERATING MARGIN AVG 10Y
14.43%
OPERATING MARGIN AVG 15Y
12.62%
OPERATING MARGIN AVG 20Y
11.17%
CURRENT VS TTM AVG
-13.14%
CURRENT VS 3Y AVG
-12.07%
CURRENT VS 5Y AVG
-11.19%
CURRENT VS 10Y AVG
-18.80%
CURRENT VS 15Y AVG
-7.20%
CURRENT VS 20Y AVG
+4.86%
SECTOR MEDIAN · ENERGY
16.66%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-29.69%
vs the sector median at left
Enterprise Products Partners L.P.
Market Cap
$81.67B
Operating Margin
11.71%
TTM Avg
13.49%
3Y Avg
13.32%
5Y Avg
13.19%
Market Cap
$85.89B
Operating Margin
7.53%
TTM Avg
3.20%
3Y Avg
5.87%
5Y Avg
3.82%
Market Cap
$86.11B
Operating Margin
40.31%
TTM Avg
34.31%
3Y Avg
33.92%
5Y Avg
31.49%
Market Cap
$87.06B
Operating Margin
7.95%
TTM Avg
4.06%
3Y Avg
6.83%
5Y Avg
2.22%
Market Cap
$71.77B
Operating Margin
39.26%
TTM Avg
34.86%
3Y Avg
36.23%
5Y Avg
28.41%
Market Cap
$70.96B
Operating Margin
27.38%
TTM Avg
32.16%
3Y Avg
34.03%
5Y Avg
30.70%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enterprise Products Partners L.P. (EPD) | $81.67B | 11.71% | 13.49% | 13.32% | 13.19% |
| Phillips 66 (PSX)vs › | $81.75B | 6.67% | 2.14% | 3.95% | 2.34% |
| Eni S.p.A. (E)vs › | $77.67B | 4.94% | 8.46% | 10.75% | 10.27% |
| Valero Energy Corporation (VLO)vs › | $85.89B | 7.53% | 3.20% | 5.87% | 3.82% |
| The Williams Companies, Inc. (WMB)vs › | $86.11B | 40.31% | 34.31% | 33.92% | 31.49% |
| Marathon Petroleum Corporation (MPC)vs › | $87.06B | 7.95% | 4.06% | 6.83% | 2.22% |
| Slb N.V. (SLB)vs › | $74.99B | 13.40% | 16.36% | 16.02% | 13.86% |
| EOG Resources, Inc. (EOG)vs › | $71.77B | 39.26% | 34.86% | 36.23% | 28.41% |
| Suncor Energy Inc. (SU)vs › | $70.96B | 27.38% | 32.16% | 34.03% | 30.70% |
| Energy Transfer LP (ET)vs › | $69.27B | 10.60% | 11.23% | 10.41% | 10.39% |
Gross Margin
13.3%
Operating Margin
11.7%
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 | 11.71% |
| 2026-03-31 | 12.64% |
| 2025-12-31 | 14.06% |
| 2025-09-30 | 14.02% |
| 2025-06-30 | 14.99% |
| 2025-03-31 | 11.42% |
| 2024-12-31 | 13.88% |
| 2024-09-30 | 12.92% |
| 2024-06-30 | 13.09% |
| 2024-03-31 | 12.34% |
| 2023-12-31 | 13.14% |
| 2023-09-30 | 14.13% |
| 2023-06-30 | 14.82% |
| 2023-03-31 | 13.93% |
| 2022-12-31 | 12.93% |
| 2022-09-30 | 11.07% |
| 2022-06-30 | 10.98% |
| 2022-03-31 | 12.81% |
| 2021-12-31 | 12.34% |
| 2021-09-30 | 13.97% |
| 2021-06-30 | 15.79% |
| 2021-03-31 | 18.51% |
| 2020-12-31 | 10.05% |
| 2020-09-30 | 19.97% |
| 2020-06-30 | 24.99% |
| 2020-03-31 | 20.15% |
| 2019-12-31 | 17.71% |
| 2019-09-30 | 18.51% |
| 2019-06-30 | 18.85% |
| 2019-03-31 | 19.03% |
| 2018-12-31 | 17.86% |
| 2018-09-30 | 17.14% |
| 2018-06-30 | 11.65% |
| 2018-03-31 | 12.24% |
| 2017-12-31 | 12.81% |
| 2017-09-30 | 12.77% |
| 2017-06-30 | 14.21% |
| 2017-03-31 | 14.09% |
| 2016-12-31 | 14.25% |
| 2016-09-30 | 15.29% |
| 2016-06-30 | 14.90% |
| 2016-03-31 | 18.29% |
| 2015-12-31 | 15.18% |
| 2015-09-30 | 14.42% |
| 2015-06-30 | 11.28% |
| 2015-03-31 | 11.99% |
| 2014-12-31 | 9.04% |
| 2014-09-30 | 7.60% |
| 2014-06-30 | 7.06% |
| 2014-03-31 | 8.00% |
| 2013-12-31 | 6.99% |
| 2013-09-30 | 6.78% |
| 2013-06-30 | 6.85% |
| 2013-03-31 | 8.04% |
| 2012-12-31 | 7.28% |
| 2012-09-30 | 7.74% |
| 2012-06-30 | 7.65% |
| 2012-03-31 | 6.66% |
| 2011-12-31 | 7.85% |
| 2011-09-30 | 6.01% |
| 2011-06-30 | 5.64% |
| 2011-03-31 | 6.14% |
| 2010-12-31 | 5.00% |
| 2010-09-30 | 6.73% |
| 2010-06-30 | 7.15% |
| 2010-03-31 | 6.45% |
| 2009-12-31 | 5.43% |
| 2009-09-30 | 7.93% |
| 2009-06-30 | 10.64% |
| 2009-03-31 | 14.10% |
| 2008-12-31 | 9.85% |
| 2008-09-30 | 5.07% |
| 2008-06-30 | 5.90% |
| 2008-03-31 | 6.45% |
| 2007-12-31 | 5.09% |
| 2007-09-30 | 5.13% |
| 2007-06-30 | 5.09% |
| 2007-03-31 | 5.66% |
| 2006-12-31 | 6.16% |
| 2006-09-30 | 7.08% |
| 2006-06-30 | 5.29% |
| 2006-03-31 | 5.95% |
| 2005-12-31 | 4.70% |
| 2005-09-30 | 5.98% |
| 2005-06-30 | 4.70% |
| 2005-03-31 | 6.47% |
| 2004-12-31 | 6.12% |
| 2004-09-30 | 4.57% |
| 2004-06-30 | 3.85% |
| 2004-03-31 | 5.21% |
| 2003-12-31 | 4.66% |
| 2003-09-30 | 2.48% |
| 2003-06-30 | 5.48% |
| 2003-03-31 | 5.74% |
| 2002-12-31 | 7.46% |
| 2002-09-30 | 7.20% |
