Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 54.52% is 33% below its 5-year average of 81.82%, near the low end of its 5-year range (54.52%–114.86%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.96% below its 12-month average of 65.65%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
54.52%
OPERATING MARGIN AVG TTM
65.65%
OPERATING MARGIN AVG 3Y
79.14%
OPERATING MARGIN AVG 5Y
81.82%
OPERATING MARGIN AVG 10Y
74.51%
OPERATING MARGIN AVG 15Y
71.47%
OPERATING MARGIN AVG 20Y
67.83%
CURRENT VS TTM AVG
-16.96%
CURRENT VS 3Y AVG
-31.11%
CURRENT VS 5Y AVG
-33.37%
CURRENT VS 10Y AVG
-26.83%
CURRENT VS 15Y AVG
-23.72%
CURRENT VS 20Y AVG
-19.63%
SECTOR MEDIAN · ENERGY
16.66%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+227.23%
vs the sector median at left
Natural Resource Partners L.P.
Market Cap
$1.39B
Operating Margin
54.52%
TTM Avg
65.65%
3Y Avg
79.14%
5Y Avg
81.82%
Market Cap
$1.34B
Operating Margin
37.53%
TTM Avg
47.39%
3Y Avg
60.23%
5Y Avg
60.44%
Market Cap
$1.97B
Operating Margin
-24.07%
TTM Avg
-106.78%
3Y Avg
-51.72%
5Y Avg
-31.09%
Market Cap
$776.82M
Operating Margin
3.32%
TTM Avg
-9.52%
3Y Avg
-1.64%
5Y Avg
0.24%
Market Cap
$235.01M
Operating Margin
-152.39%
TTM Avg
-138.06%
3Y Avg
-267.60%
5Y Avg
-178.40%
Market Cap
$3.60B
Operating Margin
11.19%
TTM Avg
11.02%
3Y Avg
14.68%
5Y Avg
17.04%
Market Cap
$4.42B
Operating Margin
6.07%
TTM Avg
11.29%
3Y Avg
11.09%
5Y Avg
-4.30%
Market Cap
$4.73B
Operating Margin
26.54%
TTM Avg
22.83%
3Y Avg
29.75%
5Y Avg
25.77%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Natural Resource Partners L.P. (NRP) | $1.39B | 54.52% | 65.65% | 79.14% | 81.82% |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.34B | 37.53% | 47.39% | 60.23% | 60.44% |
| SolarEdge Technologies, Inc. (SEDG)vs › | $1.97B | -24.07% | -106.78% | -51.72% | -31.09% |
| Array Technologies, Inc. (ARRY)vs › | $776.82M | 3.32% | -9.52% | -1.64% | 0.24% |
| Star Group, L.P. (SGU)vs › | $415.02M | 5.83% | 4.42% | 3.55% | 3.63% |
| enCore Energy Corp. (EU)vs › | $235.01M | -152.39% | -138.06% | -267.60% | -178.40% |
| Centrus Energy Corp. (LEU)vs › | $3.60B | 11.19% | 11.02% | 14.68% | 17.04% |
| Helmerich & Payne, Inc. (HP)vs › | $4.42B | 6.07% | 11.29% | 11.09% | -4.30% |
| California Resources Corp (CRC)vs › | $4.73B | 26.54% | 22.83% | 29.75% | 25.77% |
| Enphase Energy, Inc. (ENPH)vs › | $5.35B | 8.27% | 8.49% | 13.92% | 15.90% |
Gross Margin
81.5%
Operating Margin
54.5%
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 | 54.52% |
| 2026-03-31 | 60.24% |
| 2025-12-31 | 69.92% |
| 2025-09-30 | 65.46% |
| 2025-06-30 | 78.11% |
| 2025-03-31 | 77.08% |
| 2024-12-31 | 71.49% |
| 2024-09-30 | 81.94% |
| 2024-06-30 | 88.05% |
| 2024-03-31 | 84.32% |
| 2023-12-31 | 90.19% |
| 2023-09-30 | 92.57% |
| 2023-06-30 | 114.86% |
| 2023-03-31 | 102.83% |
| 2022-12-31 | 71.97% |
| 2022-09-30 | 94.08% |
| 2022-06-30 | 92.97% |
| 2022-03-31 | 97.87% |
| 2021-12-31 | 88.98% |
| 2021-09-30 | 78.21% |
| 2021-06-30 | 62.48% |
| 2021-03-31 | 52.26% |
| 2020-12-31 | 73.88% |
| 2020-09-30 | 62.52% |
| 2020-06-30 | -342.73% |
| 2020-03-31 | 67.22% |
| 2019-12-31 | -262.34% |
| 2019-09-30 | 113.27% |
| 2019-06-30 | 87.06% |
| 2019-03-31 | 90.63% |
| 2018-12-31 | 102.92% |
| 2018-09-30 | 53.55% |
| 2018-06-30 | 60.29% |
| 2018-03-31 | 55.95% |
| 2017-12-31 | 56.79% |
| 2017-09-30 | 55.31% |
| 2017-06-30 | 60.60% |
| 2017-03-31 | 47.27% |
| 2016-12-31 | 35.21% |
| 2016-09-30 | 48.21% |
| 2016-06-30 | 64.82% |
| 2016-03-31 | 66.39% |
| 2015-12-31 | 1.98% |
| 2015-09-30 | -510.61% |
| 2015-06-30 | 44.37% |
| 2015-03-31 | 41.60% |
| 2014-12-31 | 24.90% |
| 2014-09-30 | 67.17% |
| 2014-06-30 | 62.10% |
| 2014-03-31 | 74.35% |
| 2013-12-31 | 80.69% |
| 2013-09-30 | 68.83% |
| 2013-06-30 | 70.11% |
| 2013-03-31 | 71.64% |
| 2012-12-31 | 71.47% |
| 2012-09-30 | 69.70% |
| 2012-06-30 | 70.03% |
| 2012-03-31 | 70.56% |
| 2011-12-31 | -0.02% |
| 2011-09-30 | -15.92% |
| 2011-06-30 | 70.91% |
| 2011-03-31 | 65.83% |
| 2010-12-31 | 68.16% |
| 2010-09-30 | 62.34% |
| 2010-06-30 | 65.28% |
| 2010-03-31 | 64.41% |
| 2009-12-31 | 66.01% |
| 2009-09-30 | 64.72% |
| 2009-06-30 | 46.50% |
| 2009-03-31 | 62.06% |
| 2008-12-31 | 72.87% |
| 2008-09-30 | 70.71% |
| 2008-06-30 | 62.31% |
| 2008-03-31 | 63.65% |
| 2007-12-31 | 61.96% |
| 2007-09-30 | 62.65% |
| 2007-06-30 | 56.91% |
| 2007-03-31 | 56.55% |
| 2006-12-31 | 66.28% |
| 2006-09-30 | 68.86% |
| 2006-06-30 | 68.23% |
| 2006-03-31 | 67.97% |
| 2005-12-31 | 65.19% |
| 2005-09-30 | 61.86% |
| 2005-06-30 | 65.26% |
| 2005-03-31 | 62.55% |
| 2004-12-31 | 53.12% |
| 2004-09-30 | 63.43% |
| 2004-06-30 | 59.23% |
| 2004-03-31 | 54.09% |
| 2003-12-31 | 51.62% |
| 2003-09-30 | 53.34% |
| 2003-06-30 | 53.83% |
| 2003-03-31 | 46.44% |
| 2002-12-31 | 104.84% |
| 2002-09-30 | 67.15% |
