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 29.49% is in line with its 5-year average of 28.68%, near the high end of its 5-year range (-26.82%–43.81%).
1.10% above its 12-month average of 29.17%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 29.71%.
OPERATING MARGIN
29.49%
OPERATING MARGIN AVG TTM
29.17%
OPERATING MARGIN AVG 3Y
30.94%
OPERATING MARGIN AVG 5Y
28.68%
OPERATING MARGIN AVG 10Y
27.84%
OPERATING MARGIN AVG 15Y
26.01%
OPERATING MARGIN AVG 20Y
23.71%
CURRENT VS TTM AVG
+1.10%
CURRENT VS 3Y AVG
-4.68%
CURRENT VS 5Y AVG
+2.81%
CURRENT VS 10Y AVG
+5.91%
CURRENT VS 15Y AVG
+13.38%
CURRENT VS 20Y AVG
+24.39%
SECTOR MEDIAN · UTILITIES
22.28%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+32.36%
vs the sector median at left
NextEra Energy, Inc.
Market Cap
$167.65B
Operating Margin
29.49%
TTM Avg
29.17%
3Y Avg
30.94%
5Y Avg
28.68%
Market Cap
$99.20B
Operating Margin
24.19%
TTM Avg
25.52%
3Y Avg
23.12%
5Y Avg
22.07%
Market Cap
$93.20B
Operating Margin
14.65%
TTM Avg
15.28%
3Y Avg
9.76%
5Y Avg
6.46%
Market Cap
$91.81B
Operating Margin
27.60%
TTM Avg
26.36%
3Y Avg
24.49%
5Y Avg
23.31%
Market Cap
$65.70B
Operating Margin
28.36%
TTM Avg
24.11%
3Y Avg
21.79%
5Y Avg
21.13%
Market Cap
$55.86B
Operating Margin
25.13%
TTM Avg
24.60%
3Y Avg
20.82%
5Y Avg
19.21%
Market Cap
$47.75B
Operating Margin
22.22%
TTM Avg
22.95%
3Y Avg
20.59%
5Y Avg
19.26%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NextEra Energy, Inc. (NEE) | $167.65B | 29.49% | 29.17% | 30.94% | 28.68% |
| The Southern Company (SO)vs › | $99.20B | 24.19% | 25.52% | 23.12% | 22.07% |
| Constellation Energy Corporation (CEG)vs › | $93.20B | 14.65% | 15.28% | 9.76% | 6.46% |
| Duke Energy Corporation (DUK)vs › | $91.81B | 27.60% | 26.36% | 24.49% | 23.31% |
| American Electric Power Company, Inc. (AEP)vs › | $65.70B | 28.36% | 24.11% | 21.79% | 21.13% |
| Dominion Energy, Inc. (D)vs › | $55.86B | 25.13% | 24.60% | 20.82% | 19.21% |
| Sempra (SRE)vs › | $53.42B | 26.86% | 22.79% | 21.92% | 22.52% |
| Entergy Corporation (ETR)vs › | $47.75B | 22.22% | 22.95% | 20.59% | 19.26% |
| Vistra Corp. (VST)vs › | $47.34B | 2.34% | 20.00% | 20.00% | 14.33% |
| Xcel Energy Inc. (XEL)vs › | $45.42B | 20.98% | 18.69% | 17.68% | 17.58% |
Gross Margin
62.8%
Operating Margin
29.5%
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 | 29.71% |
| 2026-03-31 | 31.73% |
| 2025-12-31 | 24.17% |
| 2025-09-30 | 31.72% |
| 2025-06-30 | 28.52% |
| 2025-03-31 | 36.11% |
| 2024-12-31 | 17.47% |
| 2024-09-30 | 37.74% |
| 2024-06-30 | 27.52% |
| 2024-03-31 | 35.12% |
| 2023-12-31 | 38.67% |
| 2023-09-30 | 25.60% |
| 2023-06-30 | 38.09% |
| 2023-03-31 | 43.81% |
| 2022-12-31 | 33.19% |
| 2022-09-30 | 27.71% |
| 2022-06-30 | 18.29% |
| 2022-03-31 | -26.82% |
| 2021-12-31 | 26.85% |
| 2021-09-30 | 8.67% |
| 2021-06-30 | 12.99% |
| 2021-03-31 | 17.95% |
| 2020-12-31 | 21.39% |
| 2020-09-30 | 21.07% |
| 2020-06-30 | 28.21% |
| 2020-03-31 | 42.94% |
| 2019-12-31 | 19.12% |
| 2019-09-30 | 28.59% |
| 2019-06-30 | 35.15% |
| 2019-03-31 | 27.85% |
| 2018-12-31 | 25.16% |
| 2018-09-30 | 21.92% |
| 2018-06-30 | 28.21% |
| 2018-03-31 | 27.46% |
| 2017-12-31 | 5.89% |
| 2017-09-30 | 28.10% |
| 2017-06-30 | 28.97% |
| 2017-03-31 | 59.47% |
| 2016-12-31 | 25.04% |
| 2016-09-30 | 26.62% |
| 2016-06-30 | 30.63% |
| 2016-03-31 | 32.18% |
| 2015-12-31 | 21.50% |
| 2015-09-30 | 29.90% |
| 2015-06-30 | 26.30% |
| 2015-03-31 | 27.51% |
| 2014-12-31 | 32.83% |
| 2014-09-30 | 24.99% |
| 2014-06-30 | 23.60% |
| 2014-03-31 | 20.09% |
| 2013-12-31 | 17.63% |
| 2013-09-30 | 26.97% |
| 2013-06-30 | 25.59% |
| 2013-03-31 | 13.24% |
| 2012-12-31 | 19.59% |
| 2012-09-30 | 19.31% |
| 2012-06-30 | 27.27% |
| 2012-03-31 | 23.82% |
| 2011-12-31 | 29.29% |
| 2011-09-30 | 20.79% |
| 2011-06-30 | 22.90% |
| 2011-03-31 | 13.66% |
| 2010-12-31 | 13.77% |
| 2010-09-30 | 23.98% |
| 2010-06-30 | 19.74% |
| 2010-03-31 | 25.92% |
| 2009-12-31 | 15.24% |
| 2009-09-30 | 18.98% |
| 2009-06-30 | 15.88% |
| 2009-03-31 | 15.74% |
| 2008-12-31 | 17.64% |
| 2008-09-30 | 24.80% |
| 2008-06-30 | 8.73% |
| 2008-03-31 | 12.90% |
| 2007-12-31 | 11.43% |
| 2007-09-30 | 19.67% |
| 2007-06-30 | 16.90% |
| 2007-03-31 | 9.69% |
| 2006-12-31 | 8.94% |
| 2006-09-30 | 18.58% |
| 2006-06-30 | 11.42% |
| 2006-03-31 | 13.20% |
| 2005-12-31 | 11.13% |
| 2005-09-30 | 15.95% |
| 2005-06-30 | 12.62% |
| 2005-03-31 | 9.60% |
| 2004-12-31 | 9.81% |
| 2004-09-30 | 17.53% |
| 2004-06-30 | 17.45% |
| 2004-03-31 | 11.20% |
| 2003-12-31 | 12.84% |
| 2003-09-30 | 20.36% |
| 2003-06-30 | 16.84% |
| 2003-03-31 | 14.12% |
| 2002-12-31 | 12.04% |
| 2002-09-30 | 11.35% |
