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 20.79% is 12% above its 5-year average of 18.53%, near the high end of its 5-year range (6.43%–22.88%).
4.11% above its 12-month average of 19.97%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
20.79%
OPERATING MARGIN AVG TTM
19.97%
OPERATING MARGIN AVG 3Y
19.34%
OPERATING MARGIN AVG 5Y
18.53%
OPERATING MARGIN AVG 10Y
14.77%
OPERATING MARGIN AVG 15Y
14.64%
OPERATING MARGIN AVG 20Y
17.33%
CURRENT VS TTM AVG
+4.11%
CURRENT VS 3Y AVG
+7.49%
CURRENT VS 5Y AVG
+12.19%
CURRENT VS 10Y AVG
+40.73%
CURRENT VS 15Y AVG
+42.04%
CURRENT VS 20Y AVG
+19.99%
SECTOR MEDIAN · UTILITIES
22.28%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-6.69%
vs the sector median at left
Exelon Corporation
Market Cap
$45.35B
Operating Margin
20.79%
TTM Avg
19.97%
3Y Avg
19.34%
5Y Avg
18.53%
Market Cap
$47.91B
Operating Margin
20.98%
TTM Avg
18.69%
3Y Avg
17.68%
5Y Avg
17.58%
Market Cap
$50.70B
Operating Margin
22.22%
TTM Avg
22.95%
3Y Avg
20.59%
5Y Avg
19.26%
Market Cap
$39.93B
Operating Margin
17.98%
TTM Avg
17.62%
3Y Avg
16.92%
5Y Avg
18.31%
Market Cap
$39.37B
Operating Margin
19.99%
TTM Avg
18.93%
3Y Avg
16.65%
5Y Avg
14.64%
Market Cap
$37.04B
Operating Margin
23.14%
TTM Avg
23.68%
3Y Avg
23.56%
5Y Avg
18.18%
Market Cap
$34.83B
Operating Margin
24.12%
TTM Avg
24.63%
3Y Avg
22.69%
5Y Avg
22.49%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Exelon Corporation (EXC) | $45.35B | 20.79% | 19.97% | 19.34% | 18.53% |
| Xcel Energy Inc. (XEL)vs › | $47.91B | 20.98% | 18.69% | 17.68% | 17.58% |
| Entergy Corporation (ETR)vs › | $50.70B | 22.22% | 22.95% | 20.59% | 19.26% |
| Consolidated Edison, Inc. (ED)vs › | $39.93B | 17.98% | 17.62% | 16.92% | 18.31% |
| PG&E Corporation (PCG)vs › | $39.37B | 19.99% | 18.93% | 16.65% | 14.64% |
| Vistra Corp. (VST)vs › | $51.80B | 2.34% | 20.00% | 20.00% | 14.33% |
| Public Service Enterprise Group Incorporated (PEG)vs › | $37.04B | 23.14% | 23.68% | 23.56% | 18.18% |
| WEC Energy Group, Inc. (WEC)vs › | $34.83B | 24.12% | 24.63% | 22.69% | 22.49% |
| Sempra (SRE)vs › | $55.94B | 26.86% | 22.79% | 21.92% | 22.52% |
| Dominion Energy, Inc. (D)vs › | $58.56B | 25.13% | 24.60% | 20.82% | 19.21% |
Gross Margin
24.5%
Operating Margin
20.8%
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 | 16.41% |
| 2026-03-31 | 22.16% |
| 2025-12-31 | 21.82% |
| 2025-09-30 | 22.37% |
| 2025-06-30 | 17.08% |
| 2025-03-31 | 22.88% |
| 2024-12-31 | 20.07% |
| 2024-09-30 | 19.43% |
| 2024-06-30 | 17.03% |
| 2024-03-31 | 18.43% |
| 2023-12-31 | 20.35% |
| 2023-09-30 | 18.78% |
| 2023-06-30 | 14.61% |
| 2023-03-31 | 19.88% |
| 2022-12-31 | 15.19% |
| 2022-09-30 | 20.87% |
| 2022-06-30 | 16.37% |
| 2022-03-31 | 16.90% |
| 2021-12-31 | 6.43% |
| 2021-09-30 | 15.55% |
| 2021-06-30 | 14.43% |
| 2021-03-31 | 17.79% |
| 2020-12-31 | 3.31% |
| 2020-09-30 | 8.69% |
| 2020-06-30 | 7.72% |
| 2020-03-31 | 13.95% |
| 2019-12-31 | 11.53% |
| 2019-09-30 | 15.15% |
| 2019-06-30 | 10.94% |
| 2019-03-31 | 12.85% |
| 2018-12-31 | 8.04% |
| 2018-09-30 | 12.19% |
| 2018-06-30 | 11.66% |
| 2018-03-31 | 11.36% |
| 2017-12-31 | 15.03% |
| 2017-09-30 | 17.09% |
| 2017-06-30 | 3.94% |
| 2017-03-31 | 14.94% |
| 2016-12-31 | 9.05% |
| 2016-09-30 | 14.07% |
| 2016-06-30 | 9.36% |
| 2016-03-31 | 6.38% |
| 2015-12-31 | 10.56% |
| 2015-09-30 | 16.21% |
| 2015-06-30 | 17.41% |
| 2015-03-31 | 15.47% |
| 2014-12-31 | 9.72% |
| 2014-09-30 | 25.14% |
| 2014-06-30 | 13.98% |
| 2014-03-31 | 2.32% |
| 2013-12-31 | 14.40% |
| 2013-09-30 | 19.29% |
| 2013-06-30 | 16.37% |
| 2013-03-31 | 8.35% |
| 2012-12-31 | 11.20% |
| 2012-09-30 | 9.19% |
| 2012-06-30 | 11.99% |
| 2012-03-31 | 7.66% |
| 2011-12-31 | 26.63% |
| 2011-09-30 | 22.30% |
| 2011-06-30 | 22.54% |
| 2011-03-31 | 23.79% |
| 2010-12-31 | 20.92% |
| 2010-09-30 | 25.82% |
| 2010-06-30 | 23.15% |
| 2010-03-31 | 31.43% |
| 2009-12-31 | 26.14% |
| 2009-09-30 | 32.33% |
| 2009-06-30 | 24.54% |
| 2009-03-31 | 26.58% |
| 2008-12-31 | 29.67% |
| 2008-09-30 | 27.03% |
| 2008-06-30 | 30.94% |
| 2008-03-31 | 24.86% |
| 2007-12-31 | 11.05% |
| 2007-09-30 | 26.85% |
| 2007-06-30 | 27.35% |
| 2007-03-31 | 24.66% |
| 2006-12-31 | 31.07% |
| 2006-09-30 | 9.95% |
| 2006-06-30 | 32.51% |
| 2006-03-31 | 21.19% |
| 2005-12-31 | -10.84% |
| 2005-09-30 | 29.33% |
| 2005-06-30 | 25.75% |
| 2005-03-31 | 26.14% |
| 2004-12-31 | 18.98% |
| 2004-09-30 | 31.00% |
| 2004-06-30 | 24.03% |
| 2004-03-31 | 20.71% |
| 2003-12-31 | 18.43% |
| 2003-09-30 | 0.14% |
| 2003-06-30 | 21.50% |
| 2003-03-31 | 18.58% |
| 2002-12-31 | 23.77% |
| 2002-09-30 | 22.88% |
