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 29.22% is in line with its 5-year average of 26.80%, around the middle of its 5-year range (18.63%–34.73%).
1.44% above its 12-month average of 28.81%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 32.35%.
OPERATING MARGIN
29.22%
OPERATING MARGIN AVG TTM
28.81%
OPERATING MARGIN AVG 3Y
27.19%
OPERATING MARGIN AVG 5Y
26.80%
OPERATING MARGIN AVG 10Y
26.92%
OPERATING MARGIN AVG 15Y
26.85%
OPERATING MARGIN AVG 20Y
26.35%
CURRENT VS TTM AVG
+1.44%
CURRENT VS 3Y AVG
+7.47%
CURRENT VS 5Y AVG
+9.02%
CURRENT VS 10Y AVG
+8.54%
CURRENT VS 15Y AVG
+8.84%
CURRENT VS 20Y AVG
+10.88%
SECTOR MEDIAN · UTILITIES
20.39%
median of 62 covered companies
CURRENT VS SECTOR MEDIAN
+43.31%
vs the sector median at left
Middlesex Water Company
Market Cap
$1.00B
Operating Margin
29.22%
TTM Avg
28.81%
3Y Avg
27.19%
5Y Avg
26.80%
Market Cap
$979.49M
Operating Margin
-0.08%
TTM Avg
-16.22%
3Y Avg
-7.63%
5Y Avg
0.99%
Market Cap
$678.23M
Operating Margin
13.01%
TTM Avg
-20.47%
3Y Avg
-5.57%
5Y Avg
-3.91%
Market Cap
$1.47B
Operating Margin
-4.05%
TTM Avg
-0.53%
3Y Avg
-7.30%
5Y Avg
-8.75%
Market Cap
$490.73M
Operating Margin
12.23%
TTM Avg
13.74%
3Y Avg
14.49%
5Y Avg
12.08%
Market Cap
$413.83M
Operating Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$357.22M
Operating Margin
-57.19%
TTM Avg
-43.28%
3Y Avg
-67.40%
5Y Avg
-69.10%
Market Cap
$348.61M
Operating Margin
31.99%
TTM Avg
27.88%
3Y Avg
25.66%
5Y Avg
25.41%
Market Cap
$333.36M
Operating Margin
0.00%
TTM Avg
-2084.41%
3Y Avg
-26888.15%
5Y Avg
-26888.15%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Middlesex Water Company (MSEX) | $1.00B | 29.22% | 28.81% | 27.19% | 26.80% |
| XPLR Infrastructure, LP (XIFR)vs › | $979.49M | -0.08% | -16.22% | -7.63% | 0.99% |
| Hallador Energy Company (HNRG)vs › | $678.23M | 13.01% | -20.47% | -5.57% | -3.91% |
| Fluence Energy, Inc. (FLNC)vs › | $1.47B | -4.05% | -0.53% | -7.30% | -8.75% |
| Consolidated Water Co. Ltd. (CWCO)vs › | $490.73M | 12.23% | 13.74% | 14.49% | 12.08% |
| Terra Innovatum Global N.V. Ordinary shares (NKLR)vs › | $413.83M | 0.00% | 0.00% | 0.00% | 0.00% |
| Digi Power X Inc. (DGXX)vs › | $357.22M | -57.19% | -43.28% | -67.40% | -69.10% |
| Artesian Resources Corporation (ARTNA)vs › | $348.61M | 31.99% | 27.88% | 25.66% | 25.41% |
| Terrestrial Energy Inc. (IMSR)vs › | $333.36M | 0.00% | -2084.41% | -26888.15% | -26888.15% |
| Cadiz Inc. (CDZI)vs › | $297.63M | -156.92% | -199.45% | -638.51% | -1305.27% |
Gross Margin
43.6%
Operating Margin
29.2%
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 | 32.35% |
| 2026-03-31 | 26.90% |
| 2025-12-31 | 23.85% |
| 2025-09-30 | 32.73% |
| 2025-06-30 | 28.21% |
| 2025-03-31 | 26.09% |
| 2024-12-31 | 22.35% |
| 2024-09-30 | 31.76% |
| 2024-06-30 | 31.16% |
| 2024-03-31 | 24.34% |
| 2023-12-31 | 21.35% |
| 2023-09-30 | 27.45% |
| 2023-06-30 | 24.93% |
| 2023-03-31 | 19.63% |
| 2022-12-31 | 20.98% |
| 2022-09-30 | 34.73% |
| 2022-06-30 | 25.42% |
| 2022-03-31 | 34.60% |
| 2021-12-31 | 18.63% |
| 2021-09-30 | 28.65% |
| 2021-06-30 | 26.74% |
| 2021-03-31 | 17.31% |
| 2020-12-31 | 24.06% |
| 2020-09-30 | 33.01% |
| 2020-06-30 | 26.60% |
| 2020-03-31 | 20.55% |
| 2019-12-31 | 23.09% |
| 2019-09-30 | 31.73% |
| 2019-06-30 | 26.80% |
| 2019-03-31 | 22.89% |
| 2018-12-31 | 21.50% |
| 2018-09-30 | 33.37% |
| 2018-06-30 | 30.70% |
| 2018-03-31 | 20.37% |
| 2017-12-31 | 26.93% |
| 2017-09-30 | 34.83% |
| 2017-06-30 | 28.35% |
| 2017-03-31 | 25.14% |
| 2016-12-31 | 24.67% |
| 2016-09-30 | 37.46% |
| 2016-06-30 | 31.56% |
| 2016-03-31 | 27.15% |
| 2015-12-31 | 27.36% |
| 2015-09-30 | 33.07% |
| 2015-06-30 | 29.16% |
| 2015-03-31 | 23.23% |
| 2014-12-31 | 28.67% |
| 2014-09-30 | 35.57% |
| 2014-06-30 | 29.97% |
| 2014-03-31 | 21.96% |
| 2013-12-31 | 24.30% |
| 2013-09-30 | 32.83% |
| 2013-06-30 | 28.08% |
| 2013-03-31 | 21.69% |
| 2012-12-31 | 21.11% |
| 2012-09-30 | 33.51% |
| 2012-06-30 | 26.31% |
| 2012-03-31 | 16.47% |
| 2011-12-31 | 17.94% |
| 2011-09-30 | 29.70% |
| 2011-06-30 | 25.81% |
| 2011-03-31 | 19.87% |
| 2010-12-31 | 21.60% |
| 2010-09-30 | 33.87% |
| 2010-06-30 | 29.75% |
| 2010-03-31 | 15.19% |
| 2009-12-31 | 19.42% |
| 2009-09-30 | 28.72% |
| 2009-06-30 | 24.03% |
| 2009-03-31 | 14.58% |
| 2008-12-31 | 20.77% |
| 2008-09-30 | 32.68% |
| 2008-06-30 | 29.63% |
| 2008-03-31 | 20.84% |
| 2007-12-31 | 23.26% |
| 2007-09-30 | 32.02% |
| 2007-06-30 | 28.88% |
| 2007-03-31 | 19.60% |
| 2006-12-31 | 22.64% |
| 2006-09-30 | 30.31% |
| 2006-06-30 | 29.23% |
| 2006-03-31 | 21.80% |
| 2005-12-31 | 20.29% |
| 2005-09-30 | 28.86% |
| 2005-06-30 | 23.11% |
| 2005-03-31 | 18.94% |
| 2004-12-31 | 22.10% |
| 2004-09-30 | 31.28% |
| 2004-06-30 | 23.23% |
| 2004-03-31 | 17.18% |
| 2003-12-31 | 20.12% |
| 2003-09-30 | 26.41% |
| 2003-06-30 | 25.62% |
| 2003-03-31 | 19.96% |
| 2002-12-31 | 25.92% |
| 2002-09-30 | 30.23% |
