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 27.94% is 85% above its 5-year average of 15.08%, near the high end of its 5-year range (-115.87%–43.89%).
As of the fiscal period ended Tuesday, March 31, 2026. 11.01% above its 12-month average of 25.17%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
27.94%
OPERATING MARGIN AVG TTM
25.17%
OPERATING MARGIN AVG 3Y
26.32%
OPERATING MARGIN AVG 5Y
23.91%
OPERATING MARGIN AVG 10Y
22.37%
OPERATING MARGIN AVG 15Y
23.13%
OPERATING MARGIN AVG 20Y
22.80%
CURRENT VS TTM AVG
+11.01%
CURRENT VS 3Y AVG
+6.14%
CURRENT VS 5Y AVG
+16.82%
CURRENT VS 10Y AVG
+24.87%
CURRENT VS 15Y AVG
+20.77%
CURRENT VS 20Y AVG
+22.52%
SECTOR MEDIAN · UTILITIES
21.85%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+27.86%
vs the sector median at left
Public Service Enterprise Group Incorporated
Market Cap
$38.21B
Operating Margin
27.94%
TTM Avg
25.17%
3Y Avg
26.32%
5Y Avg
23.91%
Market Cap
$40.11B
Operating Margin
17.33%
TTM Avg
17.62%
3Y Avg
16.92%
5Y Avg
18.31%
Market Cap
$35.64B
Operating Margin
24.12%
TTM Avg
24.63%
3Y Avg
22.69%
5Y Avg
22.49%
Market Cap
$30.33B
Operating Margin
24.87%
TTM Avg
21.46%
3Y Avg
20.68%
5Y Avg
21.00%
Market Cap
$46.58B
Operating Margin
19.99%
TTM Avg
18.93%
3Y Avg
16.65%
5Y Avg
14.64%
Market Cap
$46.88B
Operating Margin
20.79%
TTM Avg
19.98%
3Y Avg
18.97%
5Y Avg
16.56%
Market Cap
$29.52B
Operating Margin
12.71%
TTM Avg
15.90%
3Y Avg
14.62%
5Y Avg
13.68%
Market Cap
$28.84B
Operating Margin
35.87%
TTM Avg
32.86%
3Y Avg
28.15%
5Y Avg
28.06%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Public Service Enterprise Group Incorporated (PEG) | $38.21B | 27.94% | 25.17% | 26.32% | 23.91% |
| Consolidated Edison, Inc. (ED)vs › | $40.11B | 17.33% | 17.62% | 16.92% | 18.31% |
| WEC Energy Group, Inc. (WEC)vs › | $35.64B | 24.12% | 24.63% | 22.69% | 22.49% |
| Ameren Corporation (AEE)vs › | $30.33B | 24.87% | 21.46% | 20.68% | 21.00% |
| PG&E Corporation (PCG)vs › | $46.58B | 19.99% | 18.93% | 16.65% | 14.64% |
| Exelon Corporation (EXC)vs › | $46.88B | 20.79% | 19.98% | 18.97% | 16.56% |
| DTE Energy Company (DTE)vs › | $29.52B | 12.71% | 15.90% | 14.62% | 13.68% |
| Atmos Energy Corporation (ATO)vs › | $28.84B | 35.87% | 32.86% | 28.15% | 28.06% |
| NRG Energy, Inc. (NRG)vs › | $28.33B | 3.00% | 7.32% | 5.59% | 7.82% |
| Edison International (EIX)vs › | $28.23B | 36.72% | 26.68% | 19.52% | 16.16% |
Gross Margin
69.0%
Operating Margin
27.9%
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 |
|---|---|
| 2026-03-31 | 27.94% |
| 2025-12-31 | 17.53% |
| 2025-09-30 | 26.50% |
| 2025-06-30 | 29.13% |
| 2025-03-31 | 24.74% |
| 2024-12-31 | 18.05% |
| 2024-09-30 | 24.26% |
| 2024-06-30 | 24.02% |
| 2024-03-31 | 24.82% |
| 2023-12-31 | 26.56% |
| 2023-09-30 | 22.43% |
| 2023-06-30 | 32.80% |
| 2023-03-31 | 43.89% |
| 2022-12-31 | 30.71% |
| 2022-09-30 | 7.61% |
| 2022-06-30 | 14.26% |
| 2022-03-31 | -2.25% |
| 2021-12-31 | 29.52% |
| 2021-09-30 | -115.87% |
| 2021-06-30 | -15.69% |
| 2021-03-31 | 25.65% |
| 2020-12-31 | 18.03% |
| 2020-09-30 | 26.71% |
| 2020-06-30 | 19.85% |
| 2020-03-31 | 28.66% |
| 2019-12-31 | 20.46% |
| 2019-09-30 | 21.29% |
| 2019-06-30 | 6.91% |
| 2019-03-31 | 26.38% |
| 2018-12-31 | 20.30% |
| 2018-09-30 | 23.14% |
| 2018-06-30 | 20.39% |
| 2018-03-31 | 29.52% |
| 2017-12-31 | 17.27% |
| 2017-09-30 | 30.62% |
| 2017-06-30 | 9.14% |
| 2017-03-31 | 6.87% |
| 2016-12-31 | -8.37% |
| 2016-09-30 | 23.55% |
| 2016-06-30 | 18.22% |
| 2016-03-31 | 31.61% |
| 2015-12-31 | 23.35% |
| 2015-09-30 | 30.28% |
| 2015-06-30 | 24.55% |
| 2015-03-31 | 33.43% |
| 2014-12-31 | 29.10% |
| 2014-09-30 | 28.25% |
| 2014-06-30 | 16.23% |
| 2014-03-31 | 21.87% |
| 2013-12-31 | 15.75% |
| 2013-09-30 | 27.88% |
| 2013-06-30 | 26.49% |
| 2013-03-31 | 21.90% |
| 2012-12-31 | 19.45% |
| 2012-09-30 | 24.73% |
| 2012-06-30 | 20.64% |
| 2012-03-31 | 27.23% |
| 2011-12-31 | 26.90% |
| 2011-09-30 | 21.22% |
| 2011-06-30 | 25.15% |
| 2011-03-31 | 25.52% |
| 2010-12-31 | 23.46% |
| 2010-09-30 | 29.84% |
| 2010-06-30 | 18.25% |
| 2010-03-31 | 25.71% |
| 2009-12-31 | 21.96% |
| 2009-09-30 | 30.40% |
| 2009-06-30 | 24.87% |
| 2009-03-31 | 23.64% |
| 2008-12-31 | 20.23% |
| 2008-09-30 | 25.95% |
| 2008-06-30 | 6.91% |
| 2008-03-31 | 21.33% |
| 2007-12-31 | 21.32% |
| 2007-09-30 | 27.88% |
| 2007-06-30 | 21.49% |
| 2007-03-31 | 19.40% |
| 2006-12-31 | 15.56% |
| 2006-09-30 | 22.52% |
| 2006-06-30 | 5.26% |
| 2006-03-31 | 14.06% |
| 2005-12-31 | 13.65% |
| 2005-09-30 | 16.88% |
| 2005-06-30 | 12.53% |
| 2005-03-31 | 17.89% |
| 2004-12-31 | 11.29% |
| 2004-09-30 | 21.26% |
| 2004-06-30 | 13.36% |
| 2004-03-31 | 19.75% |
| 2003-12-31 | 12.18% |
| 2003-09-30 | 17.58% |
| 2003-06-30 | 16.00% |
| 2003-03-31 | 20.15% |
| 2002-12-31 | 21.59% |
| 2002-09-30 | 22.65% |
| 2002-06-30 | -8.87% |
