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 23.14% is in line with its 5-year average of 23.47%, near the high end of its 5-year range (-115.87%–43.89%).
2.89% below its 12-month average of 23.83%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 18.05%.
OPERATING MARGIN
23.14%
OPERATING MARGIN AVG TTM
23.83%
OPERATING MARGIN AVG 3Y
23.67%
OPERATING MARGIN AVG 5Y
23.47%
OPERATING MARGIN AVG 10Y
22.00%
OPERATING MARGIN AVG 15Y
23.00%
OPERATING MARGIN AVG 20Y
22.86%
CURRENT VS TTM AVG
-2.89%
CURRENT VS 3Y AVG
-2.24%
CURRENT VS 5Y AVG
-1.39%
CURRENT VS 10Y AVG
+5.20%
CURRENT VS 15Y AVG
+0.62%
CURRENT VS 20Y AVG
+1.25%
SECTOR MEDIAN · UTILITIES
22.28%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+3.86%
vs the sector median at left
Public Service Enterprise Group Incorporated
Market Cap
$35.09B
Operating Margin
23.14%
TTM Avg
23.83%
3Y Avg
23.67%
5Y Avg
23.47%
Market Cap
$35.24B
Operating Margin
19.99%
TTM Avg
18.93%
3Y Avg
16.65%
5Y Avg
14.64%
Market Cap
$33.72B
Operating Margin
24.12%
TTM Avg
24.63%
3Y Avg
22.69%
5Y Avg
22.49%
Market Cap
$38.78B
Operating Margin
17.98%
TTM Avg
17.62%
3Y Avg
16.92%
5Y Avg
18.31%
Market Cap
$28.51B
Operating Margin
24.87%
TTM Avg
21.46%
3Y Avg
20.68%
5Y Avg
21.00%
Market Cap
$27.43B
Operating Margin
36.94%
TTM Avg
36.62%
3Y Avg
35.58%
5Y Avg
34.30%
Market Cap
$27.13B
Operating Margin
12.35%
TTM Avg
15.90%
3Y Avg
14.62%
5Y Avg
13.68%
Market Cap
$27.05B
Operating Margin
36.97%
TTM Avg
32.86%
3Y Avg
28.15%
5Y Avg
28.06%
Market Cap
$43.47B
Operating Margin
20.79%
TTM Avg
19.98%
3Y Avg
18.97%
5Y Avg
16.56%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Public Service Enterprise Group Incorporated (PEG) | $35.09B | 23.14% | 23.83% | 23.67% | 23.47% |
| PG&E Corporation (PCG)vs › | $35.24B | 19.99% | 18.93% | 16.65% | 14.64% |
| WEC Energy Group, Inc. (WEC)vs › | $33.72B | 24.12% | 24.63% | 22.69% | 22.49% |
| Consolidated Edison, Inc. (ED)vs › | $38.78B | 17.98% | 17.62% | 16.92% | 18.31% |
| Ameren Corporation (AEE)vs › | $28.51B | 24.87% | 21.46% | 20.68% | 21.00% |
| American Water Works Company, Inc. (AWK)vs › | $27.43B | 36.94% | 36.62% | 35.58% | 34.30% |
| DTE Energy Company (DTE)vs › | $27.13B | 12.35% | 15.90% | 14.62% | 13.68% |
| Atmos Energy Corporation (ATO)vs › | $27.05B | 36.97% | 32.86% | 28.15% | 28.06% |
| Exelon Corporation (EXC)vs › | $43.47B | 20.79% | 19.98% | 18.97% | 16.56% |
| FirstEnergy Corp. (FE)vs › | $26.23B | 18.57% | 18.20% | 17.33% | 17.48% |
Gross Margin
69.0%
Operating Margin
23.1%
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 | 18.05% |
| 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% |
