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 23.89% is 15% above its 5-year average of 20.76%, near the high end of its 5-year range (17.24%–25.38%).
As of the fiscal period ended Tuesday, March 31, 2026. 6.46% above its 12-month average of 22.44%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
23.89%
OPERATING MARGIN AVG TTM
22.44%
OPERATING MARGIN AVG 3Y
21.84%
OPERATING MARGIN AVG 5Y
20.76%
OPERATING MARGIN AVG 10Y
21.68%
OPERATING MARGIN AVG 15Y
21.31%
OPERATING MARGIN AVG 20Y
19.14%
CURRENT VS TTM AVG
+6.46%
CURRENT VS 3Y AVG
+9.41%
CURRENT VS 5Y AVG
+15.09%
CURRENT VS 10Y AVG
+10.18%
CURRENT VS 15Y AVG
+12.12%
CURRENT VS 20Y AVG
+24.83%
SECTOR MEDIAN · UTILITIES
21.18%
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+12.80%
vs the sector median at left
Eversource Energy
Market Cap
$26.65B
Operating Margin
23.89%
TTM Avg
22.44%
3Y Avg
21.84%
5Y Avg
20.76%
Market Cap
$27.18B
Operating Margin
23.24%
TTM Avg
22.79%
3Y Avg
20.65%
5Y Avg
18.82%
Market Cap
$27.34B
Operating Margin
36.72%
TTM Avg
26.68%
3Y Avg
19.52%
5Y Avg
16.16%
Market Cap
$25.84B
Operating Margin
36.94%
TTM Avg
36.62%
3Y Avg
35.58%
5Y Avg
34.30%
Market Cap
$27.72B
Operating Margin
18.57%
TTM Avg
18.20%
3Y Avg
17.33%
5Y Avg
17.48%
Market Cap
$28.42B
Operating Margin
35.87%
TTM Avg
32.86%
3Y Avg
28.15%
5Y Avg
28.06%
Market Cap
$29.10B
Operating Margin
12.71%
TTM Avg
15.90%
3Y Avg
14.62%
5Y Avg
13.68%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Eversource Energy (ES) | $26.65B | 23.89% | 22.44% | 21.84% | 20.76% |
| PPL Corporation (PPL)vs › | $26.14B | 23.50% | 22.05% | 20.28% | 22.45% |
| CenterPoint Energy, Inc. (CNP)vs › | $27.18B | 23.24% | 22.79% | 20.65% | 18.82% |
| Edison International (EIX)vs › | $27.34B | 36.72% | 26.68% | 19.52% | 16.16% |
| American Water Works Company, Inc. (AWK)vs › | $25.84B | 36.94% | 36.62% | 35.58% | 34.30% |
| FirstEnergy Corp. (FE)vs › | $27.72B | 18.57% | 18.20% | 17.33% | 17.48% |
| NRG Energy, Inc. (NRG)vs › | $28.10B | 3.00% | 7.32% | 5.59% | 7.82% |
| Atmos Energy Corporation (ATO)vs › | $28.42B | 35.87% | 32.86% | 28.15% | 28.06% |
| DTE Energy Company (DTE)vs › | $29.10B | 12.71% | 15.90% | 14.62% | 13.68% |
| Ameren Corporation (AEE)vs › | $29.99B | 24.87% | 21.46% | 20.68% | 21.00% |
Gross Margin
30.1%
Operating Margin
23.9%
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 |
|---|---|
| 2026-03-31 | 23.89% |
| 2025-12-31 | 21.08% |
| 2025-09-30 | 21.38% |
| 2025-06-30 | 23.36% |
| 2025-03-31 | 22.49% |
| 2024-12-31 | 21.70% |
| 2024-09-30 | 19.99% |
| 2024-06-30 | 23.78% |
| 2024-03-31 | 25.38% |
| 2023-12-31 | 20.73% |
| 2023-09-30 | 19.01% |
| 2023-06-30 | 21.32% |
| 2023-03-31 | 19.75% |
| 2022-12-31 | 17.24% |
| 2022-09-30 | 17.33% |
| 2022-06-30 | 17.71% |
| 2022-03-31 | 19.10% |
| 2021-12-31 | 19.05% |
| 2021-09-30 | 19.64% |
| 2021-06-30 | 21.28% |
| 2021-03-31 | 20.72% |
| 2020-12-31 | 20.36% |
| 2020-09-30 | 23.95% |
| 2020-06-30 | 22.20% |
| 2020-03-31 | 22.71% |
| 2019-12-31 | 21.24% |
| 2019-09-30 | 23.40% |
| 2019-06-30 | 8.01% |
| 2019-03-31 | 20.48% |
| 2018-12-31 | 19.66% |
| 2018-09-30 | 20.52% |
| 2018-06-30 | 21.11% |
| 2018-03-31 | 19.34% |
| 2017-12-31 | 23.79% |
| 2017-09-30 | 25.28% |
| 2017-06-30 | 25.85% |
| 2017-03-31 | 24.18% |
| 2016-12-31 | 24.66% |
| 2016-09-30 | 25.00% |
| 2016-06-30 | 23.96% |
| 2016-03-31 | 23.77% |
| 2015-12-31 | 22.79% |
| 2015-09-30 | 24.27% |
| 2015-06-30 | 22.67% |
| 2015-03-31 | 19.79% |
| 2014-12-31 | 22.87% |
| 2014-09-30 | 23.30% |
| 2014-06-30 | 17.52% |
| 2014-03-31 | 20.42% |
| 2013-12-31 | 20.29% |
| 2013-09-30 | 21.10% |
| 2013-06-30 | 21.43% |
| 2013-03-31 | 21.00% |
| 2012-12-31 | 19.68% |
| 2012-09-30 | 22.18% |
| 2012-06-30 | 9.79% |
| 2012-03-31 | 19.50% |
| 2011-12-31 | 17.31% |
| 2011-09-30 | 18.28% |
| 2011-06-30 | 17.01% |
| 2011-03-31 | 18.41% |
| 2010-12-31 | 16.22% |
| 2010-09-30 | 16.06% |
| 2010-06-30 | 16.05% |
| 2010-03-31 | 16.92% |
| 2009-12-31 | 14.62% |
| 2009-09-30 | 12.44% |
| 2009-06-30 | 14.63% |
| 2009-03-31 | 13.64% |
| 2008-12-31 | 11.83% |
| 2008-09-30 | 9.89% |
| 2008-06-30 | 10.42% |
| 2008-03-31 | 8.70% |
| 2007-12-31 | 11.25% |
| 2007-09-30 | 8.50% |
| 2007-06-30 | 8.43% |
| 2007-03-31 | 9.12% |
| 2006-12-31 | 4.23% |
| 2006-09-30 | 4.85% |
| 2006-06-30 | 4.50% |
| 2006-03-31 | 0.35% |
| 2005-12-31 | -0.93% |
| 2005-09-30 | -3.50% |
| 2005-06-30 | 0.86% |
| 2005-03-31 | -5.29% |
| 2004-12-31 | 2.09% |
| 2004-09-30 | 6.66% |
| 2004-06-30 | 6.19% |
| 2004-03-31 | 9.40% |
| 2003-12-31 | 3.97% |
| 2003-09-30 | 6.31% |
| 2003-06-30 | 7.21% |
| 2003-03-31 | 9.72% |
| 2002-12-31 | -3.24% |
| 2002-09-30 | 8.68% |
| 2002-06-30 | 5.62% |
