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 27.68% is 45% below its 5-year average of 50.27%, around the middle of its 5-year range (2.74%–71.46%).
1.49% above its 12-month average of 27.27%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 45.16%.
OPERATING MARGIN
27.68%
OPERATING MARGIN AVG TTM
27.27%
OPERATING MARGIN AVG 3Y
38.76%
OPERATING MARGIN AVG 5Y
50.27%
OPERATING MARGIN AVG 10Y
46.01%
OPERATING MARGIN AVG 15Y
42.25%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+1.49%
CURRENT VS 3Y AVG
-28.59%
CURRENT VS 5Y AVG
-44.94%
CURRENT VS 10Y AVG
-39.84%
CURRENT VS 15Y AVG
-34.48%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
18.52%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+49.50%
vs the sector median at left
Diamondback Energy, Inc.
Market Cap
$52.51B
Operating Margin
27.68%
TTM Avg
27.27%
3Y Avg
38.76%
5Y Avg
50.27%
Market Cap
$51.76B
Operating Margin
23.86%
TTM Avg
24.34%
3Y Avg
30.59%
5Y Avg
24.82%
Market Cap
$56.55B
Operating Margin
23.01%
TTM Avg
19.63%
3Y Avg
24.70%
5Y Avg
17.59%
Market Cap
$57.41B
Operating Margin
12.92%
TTM Avg
12.49%
3Y Avg
11.06%
5Y Avg
8.98%
Market Cap
$59.64B
Operating Margin
23.13%
TTM Avg
18.91%
3Y Avg
15.82%
5Y Avg
14.84%
Market Cap
$61.19B
Operating Margin
46.09%
TTM Avg
43.13%
3Y Avg
42.95%
5Y Avg
43.43%
Market Cap
$38.36B
Operating Margin
14.57%
TTM Avg
16.48%
3Y Avg
11.17%
5Y Avg
5.18%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Diamondback Energy, Inc. (FANG) | $52.51B | 27.68% | 27.27% | 38.76% | 50.27% |
| Devon Energy Corporation (DVN)vs › | $51.76B | 23.86% | 24.34% | 30.59% | 24.82% |
| ONEOK, Inc. (OKE)vs › | $55.85B | 18.48% | 21.96% | 20.06% | 19.87% |
| Occidental Petroleum Corporation (OXY)vs › | $56.55B | 23.01% | 19.63% | 24.70% | 17.59% |
| Baker Hughes Company (BKR)vs › | $57.41B | 12.92% | 12.49% | 11.06% | 8.98% |
| MPLX Lp (MPLX)vs › | $57.64B | 42.91% | 44.40% | 45.59% | 37.76% |
| Targa Resources Corp. (TRGP)vs › | $59.64B | 23.13% | 18.91% | 15.82% | 14.84% |
| TC Energy Corporation (TRP)vs › | $61.19B | 46.09% | 43.13% | 42.95% | 43.43% |
| Cameco Corporation (CCJ)vs › | $38.36B | 14.57% | 16.48% | 11.17% | 5.18% |
| Kinder Morgan, Inc. (KMI)vs › | $68.47B | 29.04% | 28.73% | 26.70% | 27.54% |
Gross Margin
35.2%
Operating Margin
27.7%
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 | 45.16% |
| 2026-03-31 | 2.74% |
| 2025-12-31 | 25.77% |
| 2025-09-30 | 31.50% |
| 2025-06-30 | 31.20% |
| 2025-03-31 | 41.50% |
| 2024-12-31 | 38.20% |
| 2024-09-30 | 26.93% |
| 2024-06-30 | 46.74% |
| 2024-03-31 | 50.41% |
| 2023-12-31 | 54.35% |
| 2023-09-30 | 57.26% |
| 2023-06-30 | 52.11% |
| 2023-03-31 | 53.25% |
| 2022-12-31 | 61.87% |
| 2022-09-30 | 66.23% |
| 2022-06-30 | 71.46% |
| 2022-03-31 | 68.94% |
| 2021-12-31 | 64.84% |
| 2021-09-30 | 60.94% |
| 2021-06-30 | 56.81% |
| 2021-03-31 | 48.23% |
| 2020-12-31 | -97.01% |
| 2020-09-30 | -174.44% |
| 2020-06-30 | -628.71% |
| 2020-03-31 | -89.21% |
| 2019-12-31 | -34.78% |
| 2019-09-30 | 35.79% |
| 2019-06-30 | 40.25% |
| 2019-03-31 | 36.92% |
| 2018-12-31 | 30.86% |
| 2018-09-30 | 49.91% |
| 2018-06-30 | 53.32% |
| 2018-03-31 | 55.74% |
| 2017-12-31 | 53.52% |
| 2017-09-30 | 47.35% |
| 2017-06-30 | 49.11% |
| 2017-03-31 | 49.49% |
| 2016-12-31 | 47.07% |
| 2016-09-30 | 4.71% |
| 2016-06-30 | -119.83% |
| 2016-03-31 | -31.55% |
| 2015-12-31 | -164.28% |
| 2015-09-30 | -227.59% |
| 2015-06-30 | -251.23% |
| 2015-03-31 | 1.42% |
| 2014-12-31 | 28.80% |
| 2014-09-30 | 45.65% |
| 2014-06-30 | 49.76% |
| 2014-03-31 | 49.04% |
| 2013-12-31 | 49.70% |
| 2013-09-30 | 50.91% |
| 2013-06-30 | 42.70% |
| 2013-03-31 | 29.96% |
| 2012-12-31 | 9.13% |
| 2012-09-30 | 24.30% |
| 2012-06-30 | 26.87% |
| 2012-03-31 | 41.20% |
| 2011-12-31 | 33.41% |
| 2011-09-30 | 25.63% |
| 2011-06-30 | 35.68% |
| 2011-03-31 | 27.78% |
| 2010-12-31 | 1.60% |
