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 18.57% is in line with its 5-year average of 17.37%, near the high end of its 5-year range (8.42%–20.20%).
0.28% below its 12-month average of 18.62%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
18.57%
OPERATING MARGIN AVG TTM
18.62%
OPERATING MARGIN AVG 3Y
18.89%
OPERATING MARGIN AVG 5Y
17.37%
OPERATING MARGIN AVG 10Y
18.99%
OPERATING MARGIN AVG 15Y
17.72%
OPERATING MARGIN AVG 20Y
17.52%
CURRENT VS TTM AVG
-0.28%
CURRENT VS 3Y AVG
-1.71%
CURRENT VS 5Y AVG
+6.90%
CURRENT VS 10Y AVG
-2.21%
CURRENT VS 15Y AVG
+4.79%
CURRENT VS 20Y AVG
+5.98%
SECTOR MEDIAN · UTILITIES
22.28%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-16.65%
vs the sector median at left
FirstEnergy Corp.
Market Cap
$26.66B
Operating Margin
18.57%
TTM Avg
18.62%
3Y Avg
18.89%
5Y Avg
17.37%
Market Cap
$26.41B
Operating Margin
22.34%
TTM Avg
22.40%
3Y Avg
20.71%
5Y Avg
20.89%
Market Cap
$26.22B
Operating Margin
23.24%
TTM Avg
22.79%
3Y Avg
20.65%
5Y Avg
18.82%
Market Cap
$27.82B
Operating Margin
36.97%
TTM Avg
32.86%
3Y Avg
28.15%
5Y Avg
28.06%
Market Cap
$28.01B
Operating Margin
36.94%
TTM Avg
36.62%
3Y Avg
35.58%
5Y Avg
34.30%
Market Cap
$28.31B
Operating Margin
12.35%
TTM Avg
15.90%
3Y Avg
14.62%
5Y Avg
13.68%
Market Cap
$29.35B
Operating Margin
24.87%
TTM Avg
21.46%
3Y Avg
20.68%
5Y Avg
21.00%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FirstEnergy Corp. (FE) | $26.66B | 18.57% | 18.62% | 18.89% | 17.37% |
| Eversource Energy (ES)vs › | $26.41B | 22.34% | 22.40% | 20.71% | 20.89% |
| CenterPoint Energy, Inc. (CNP)vs › | $26.22B | 23.24% | 22.79% | 20.65% | 18.82% |
| PPL Corporation (PPL)vs › | $26.04B | 24.02% | 22.05% | 20.28% | 22.45% |
| Atmos Energy Corporation (ATO)vs › | $27.82B | 36.97% | 32.86% | 28.15% | 28.06% |
| American Water Works Company, Inc. (AWK)vs › | $28.01B | 36.94% | 36.62% | 35.58% | 34.30% |
| DTE Energy Company (DTE)vs › | $28.31B | 12.35% | 15.90% | 14.62% | 13.68% |
| NRG Energy, Inc. (NRG)vs › | $24.22B | 5.38% | 7.32% | 5.59% | 7.82% |
| Ameren Corporation (AEE)vs › | $29.35B | 24.87% | 21.46% | 20.68% | 21.00% |
| Edison International (EIX)vs › | $22.34B | 36.72% | 26.68% | 19.52% | 16.16% |
Gross Margin
53.4%
Operating Margin
18.6%
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 | 18.41% |
| 2026-03-31 | 19.70% |
| 2025-12-31 | 15.88% |
| 2025-09-30 | 20.01% |
| 2025-06-30 | 19.11% |
| 2025-03-31 | 20.03% |
| 2024-12-31 | 19.30% |
| 2024-09-30 | 19.50% |
| 2024-06-30 | 12.90% |
| 2024-03-31 | 18.62% |
| 2023-12-31 | 18.05% |
| 2023-09-30 | 19.10% |
| 2023-06-30 | 16.00% |
| 2023-03-31 | 17.05% |
| 2022-12-31 | 12.56% |
| 2022-09-30 | 14.53% |
| 2022-06-30 | 15.86% |
| 2022-03-31 | 18.70% |
| 2021-12-31 | 8.42% |
| 2021-09-30 | 20.20% |
| 2021-06-30 | 11.90% |
| 2021-03-31 | 20.51% |
| 2020-12-31 | 15.53% |
| 2020-09-30 | 23.86% |
| 2020-06-30 | 20.42% |
| 2020-03-31 | 19.64% |
| 2019-12-31 | 23.01% |
| 2019-09-30 | 22.98% |
| 2019-06-30 | 23.25% |
| 2019-03-31 | 21.82% |
| 2018-12-31 | 18.89% |
| 2018-09-30 | 23.17% |
| 2018-06-30 | 25.89% |
| 2018-03-31 | 19.49% |
| 2017-12-31 | -53.17% |
| 2017-09-30 | 19.74% |
| 2017-06-30 | 17.35% |
| 2017-03-31 | 17.68% |
| 2016-12-31 | -264.41% |
| 2016-09-30 | 21.98% |
| 2016-06-30 | -28.67% |
| 2016-03-31 | 20.06% |
| 2015-12-31 | 6.66% |
| 2015-09-30 | 22.02% |
| 2015-06-30 | 15.99% |
| 2015-03-31 | 15.24% |
| 2014-12-31 | -9.68% |
| 2014-09-30 | 18.42% |
| 2014-06-30 | 8.35% |
| 2014-03-31 | 9.33% |
| 2013-12-31 | 11.00% |
| 2013-09-30 | 12.59% |
| 2013-06-30 | 1.19% |
| 2013-03-31 | 17.38% |
| 2012-12-31 | -1.12% |
| 2012-09-30 | 20.92% |
| 2012-06-30 | 14.40% |
| 2012-03-31 | 18.29% |
| 2011-12-31 | -3.20% |
| 2011-09-30 | 22.40% |
| 2011-06-30 | 12.83% |
| 2011-03-31 | 9.79% |
| 2010-12-31 | 13.93% |
| 2010-09-30 | 11.13% |
| 2010-06-30 | 16.82% |
| 2010-03-31 | 12.61% |
| 2009-12-31 | 8.23% |
| 2009-09-30 | 14.29% |
| 2009-06-30 | 24.52% |
| 2009-03-31 | 10.38% |
| 2008-12-31 | 20.68% |
| 2008-09-30 | 21.67% |
| 2008-06-30 | 17.94% |
| 2008-03-31 | 18.86% |
| 2007-12-31 | 15.43% |
| 2007-09-30 | 20.41% |
| 2007-06-30 | 18.66% |
| 2007-03-31 | 25.03% |
| 2006-12-31 | 19.84% |
| 2006-09-30 | 20.76% |
| 2006-06-30 | 18.81% |
| 2006-03-31 | 21.51% |
| 2005-12-31 | 23.19% |
| 2005-09-30 | 16.81% |
| 2005-06-30 | 14.13% |
| 2005-03-31 | 11.80% |
| 2004-12-31 | 20.18% |
| 2004-09-30 | 16.51% |
| 2004-06-30 | 15.59% |
| 2004-03-31 | 14.42% |
| 2003-12-31 | 18.44% |
| 2003-09-30 | 14.15% |
| 2003-06-30 | 8.17% |
| 2003-03-31 | 12.79% |
| 2002-12-31 | 11.28% |
| 2002-09-30 | 20.38% |
