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 31.63% is 141% above its 5-year average of 13.14%, near the high end of its 5-year range (-14.19%–44.74%).
50.41% above its 12-month average of 21.03%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 13.61%.
OPERATING MARGIN
31.63%
OPERATING MARGIN AVG TTM
21.03%
OPERATING MARGIN AVG 3Y
14.80%
OPERATING MARGIN AVG 5Y
13.14%
OPERATING MARGIN AVG 10Y
13.05%
OPERATING MARGIN AVG 15Y
13.25%
OPERATING MARGIN AVG 20Y
12.84%
CURRENT VS TTM AVG
+50.41%
CURRENT VS 3Y AVG
+113.67%
CURRENT VS 5Y AVG
+140.68%
CURRENT VS 10Y AVG
+142.40%
CURRENT VS 15Y AVG
+138.77%
CURRENT VS 20Y AVG
+146.36%
SECTOR MEDIAN · UTILITIES
22.28%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+41.97%
vs the sector median at left
Northwest Natural Holding Company
Market Cap
$1.98B
Operating Margin
31.63%
TTM Avg
21.03%
3Y Avg
14.80%
5Y Avg
13.14%
Market Cap
$1.44B
Operating Margin
-4.05%
TTM Avg
-0.53%
3Y Avg
-7.30%
5Y Avg
-8.75%
Market Cap
$2.94B
Operating Margin
18.76%
TTM Avg
16.91%
3Y Avg
14.91%
5Y Avg
15.52%
Market Cap
$984.21M
Operating Margin
-0.08%
TTM Avg
-16.22%
3Y Avg
-7.63%
5Y Avg
0.99%
Market Cap
$5.35B
Operating Margin
23.79%
TTM Avg
23.46%
3Y Avg
21.26%
5Y Avg
21.88%
Market Cap
$8.57B
Operating Margin
10.61%
TTM Avg
15.88%
3Y Avg
20.68%
5Y Avg
27.41%
Market Cap
$10.60B
Operating Margin
17.48%
TTM Avg
16.31%
3Y Avg
17.25%
5Y Avg
19.67%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northwest Natural Holding Company (NWN) | $1.98B | 31.63% | 21.03% | 14.80% | 13.14% |
| Fluence Energy, Inc. (FLNC)vs › | $1.44B | -4.05% | -0.53% | -7.30% | -8.75% |
| Avista Corporation (AVA)vs › | $2.94B | 18.76% | 16.91% | 14.91% | 15.52% |
| XPLR Infrastructure, LP (XIFR)vs › | $984.21M | -0.08% | -16.22% | -7.63% | 0.99% |
| Black Hills Corporation (BKH)vs › | $5.35B | 23.79% | 23.46% | 21.26% | 21.88% |
| Oklo Inc. (OKLO)vs › | $6.46B | 0.00% | 0.00% | 0.00% | 0.00% |
| UGI Corporation (UGI)vs › | $7.75B | 14.05% | 12.93% | 6.55% | 12.12% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $8.57B | 10.61% | 15.88% | 20.68% | 27.41% |
| The AES Corporation (AES)vs › | $10.60B | 17.48% | 16.31% | 17.25% | 19.67% |
| Pinnacle West Capital Corporation (PNW)vs › | $11.32B | 27.03% | 20.34% | 18.79% | 19.72% |
Gross Margin
45.2%
Operating Margin
31.6%
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 | 13.61% |
| 2026-03-31 | 44.74% |
| 2025-12-31 | 42.82% |
| 2025-09-30 | -7.54% |
| 2025-06-30 | 11.52% |
| 2025-03-31 | 31.23% |
| 2024-12-31 | 22.90% |
| 2024-09-30 | -14.12% |
| 2024-06-30 | 7.42% |
| 2024-03-31 | 25.34% |
| 2023-12-31 | 21.13% |
| 2023-09-30 | -12.42% |
| 2023-06-30 | 5.82% |
| 2023-03-31 | 24.55% |
| 2022-12-31 | 21.65% |
| 2022-09-30 | -12.78% |
| 2022-06-30 | 6.94% |
| 2022-03-31 | 25.02% |
| 2021-12-31 | 23.86% |
| 2021-09-30 | -14.19% |
| 2021-06-30 | 8.48% |
| 2021-03-31 | 29.98% |
| 2020-12-31 | 28.64% |
| 2020-09-30 | -12.42% |
| 2020-06-30 | 6.63% |
| 2020-03-31 | 26.81% |
| 2019-12-31 | 24.66% |
| 2019-09-30 | -10.67% |
| 2019-06-30 | 13.04% |
| 2019-03-31 | 26.65% |
| 2018-12-31 | 27.46% |
| 2018-09-30 | -6.70% |
| 2018-06-30 | 6.64% |
| 2018-03-31 | 25.44% |
| 2017-12-31 | -56.55% |
| 2017-09-30 | -7.55% |
| 2017-06-30 | 9.66% |
| 2017-03-31 | 25.64% |
| 2016-12-31 | 24.42% |
| 2016-09-30 | -5.06% |
| 2016-06-30 | 12.71% |
| 2016-03-31 | 28.99% |
| 2015-12-31 | 26.10% |
| 2015-09-30 | -2.01% |
| 2015-06-30 | 9.34% |
| 2015-03-31 | 20.26% |
| 2014-12-31 | 24.87% |
| 2014-09-30 | -5.82% |
| 2014-06-30 | 9.96% |
| 2014-03-31 | 25.57% |
| 2013-12-31 | 22.72% |
| 2013-09-30 | -4.29% |
| 2013-06-30 | 9.93% |
| 2013-03-31 | 26.71% |
| 2012-12-31 | 26.05% |
| 2012-09-30 | -5.34% |
| 2012-06-30 | 11.11% |
| 2012-03-31 | 24.78% |
| 2011-12-31 | 22.08% |
| 2011-09-30 | -5.95% |
| 2011-06-30 | 7.85% |
| 2011-03-31 | 24.10% |
| 2010-12-31 | 22.24% |
| 2010-09-30 | -3.54% |
| 2010-06-30 | 12.45% |
| 2010-03-31 | 28.31% |
| 2009-12-31 | 19.70% |
| 2009-09-30 | -0.62% |
| 2009-06-30 | 9.27% |
| 2009-03-31 | 19.36% |
| 2008-12-31 | 17.64% |
| 2008-09-30 | -7.05% |
| 2008-06-30 | 6.30% |
| 2008-03-31 | 20.15% |
| 2007-12-31 | 17.19% |
| 2007-09-30 | -0.81% |
| 2007-06-30 | 7.30% |
| 2007-03-31 | 21.71% |
| 2006-12-31 | 16.99% |
| 2006-09-30 | -5.30% |
| 2006-06-30 | 6.91% |
| 2006-03-31 | 18.91% |
| 2005-12-31 | 14.76% |
| 2005-09-30 | -5.08% |
| 2005-06-30 | 6.60% |
| 2005-03-31 | 23.26% |
| 2004-12-31 | 18.88% |
| 2004-09-30 | -7.99% |
| 2004-06-30 | 6.27% |
| 2004-03-31 | 23.65% |
| 2003-12-31 | 18.75% |
| 2003-09-30 | -5.20% |
| 2003-06-30 | 12.37% |
| 2003-03-31 | 24.47% |
| 2002-12-31 | 20.48% |
| 2002-09-30 | -1.83% |
