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 6.67% is 68% above its 5-year average of 3.96%, near the high end of its 5-year range (-1.23%–9.79%).
17.23% above its 12-month average of 5.69%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
6.67%
OPERATING MARGIN AVG TTM
5.69%
OPERATING MARGIN AVG 3Y
3.26%
OPERATING MARGIN AVG 5Y
3.96%
OPERATING MARGIN AVG 10Y
2.65%
OPERATING MARGIN AVG 15Y
2.63%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+17.23%
CURRENT VS 3Y AVG
+104.69%
CURRENT VS 5Y AVG
+68.41%
CURRENT VS 10Y AVG
+151.40%
CURRENT VS 15Y AVG
+153.69%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
18.52%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
-63.98%
vs the sector median at left
Market Cap
$107.00B
Operating Margin
18.62%
TTM Avg
32.87%
3Y Avg
30.29%
5Y Avg
25.02%
Market Cap
$111.58B
Operating Margin
7.53%
TTM Avg
3.20%
3Y Avg
5.87%
5Y Avg
3.82%
Market Cap
$117.00B
Operating Margin
7.95%
TTM Avg
4.06%
3Y Avg
6.83%
5Y Avg
2.22%
Market Cap
$92.28B
Operating Margin
40.31%
TTM Avg
34.31%
3Y Avg
33.92%
5Y Avg
31.49%
Market Cap
$84.83B
Operating Margin
12.97%
TTM Avg
13.09%
3Y Avg
13.00%
5Y Avg
14.24%
Market Cap
$81.35B
Operating Margin
27.54%
TTM Avg
32.16%
3Y Avg
34.03%
5Y Avg
30.70%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Phillips 66 (PSX) | $104.73B | 6.67% | 5.69% | 3.26% | 3.96% |
| Canadian Natural Resources Limited (CNQ)vs › | $107.00B | 18.62% | 32.87% | 30.29% | 25.02% |
| Valero Energy Corporation (VLO)vs › | $111.58B | 7.53% | 3.20% | 5.87% | 3.82% |
| Marathon Petroleum Corporation (MPC)vs › | $117.00B | 7.95% | 4.06% | 6.83% | 2.22% |
| The Williams Companies, Inc. (WMB)vs › | $92.28B | 40.31% | 34.31% | 33.92% | 31.49% |
| Slb N.V. (SLB)vs › | $85.06B | 13.40% | 16.36% | 16.02% | 13.86% |
| Enterprise Products Partners L.P. (EPD)vs › | $84.83B | 12.97% | 13.09% | 13.00% | 14.24% |
| Suncor Energy Inc. (SU)vs › | $81.35B | 27.54% | 32.16% | 34.03% | 30.70% |
| Eni S.p.A. (E)vs › | $81.03B | 4.94% | 8.46% | 10.75% | 10.27% |
| EOG Resources, Inc. (EOG)vs › | $78.62B | 39.07% | 34.86% | 36.23% | 28.41% |
Gross Margin
9.8%
Operating Margin
6.7%
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 | 9.79% |
| 2026-03-31 | 8.38% |
| 2025-12-31 | 4.40% |
| 2025-09-30 | 2.61% |
| 2025-06-30 | 3.27% |
| 2025-03-31 | -0.54% |
| 2024-12-31 | 0.12% |
| 2024-09-30 | -1.23% |
| 2024-06-30 | 2.41% |
| 2024-03-31 | 3.32% |
| 2023-12-31 | 3.25% |
| 2023-09-30 | 8.09% |
| 2023-06-30 | 5.03% |
| 2023-03-31 | 5.95% |
| 2022-12-31 | 5.40% |
| 2022-09-30 | 6.54% |
| 2022-06-30 | 8.04% |
| 2022-03-31 | 2.91% |
| 2021-12-31 | 2.40% |
| 2021-09-30 | 2.69% |
| 2021-06-30 | 0.34% |
| 2021-03-31 | -2.16% |
| 2020-12-31 | -1.49% |
| 2020-09-30 | -2.82% |
| 2020-06-30 | -2.60% |
| 2020-03-31 | -4.19% |
| 2019-12-31 | 1.91% |
| 2019-09-30 | 4.46% |
| 2019-06-30 | 4.36% |
| 2019-03-31 | 1.04% |
| 2018-12-31 | 5.68% |
| 2018-09-30 | 5.13% |
| 2018-06-30 | 5.10% |
| 2018-03-31 | 1.68% |
| 2017-12-31 | 2.03% |
| 2017-09-30 | 1.95% |
| 2017-06-30 | 1.48% |
| 2017-03-31 | -0.14% |
| 2016-12-31 | 0.15% |
| 2016-09-30 | 2.40% |
| 2016-06-30 | 1.61% |
| 2016-03-31 | 1.89% |
| 2015-12-31 | 3.55% |
| 2015-09-30 | 6.75% |
| 2015-06-30 | 3.46% |
| 2015-03-31 | 3.86% |
| 2014-12-31 | 2.67% |
| 2014-09-30 | 2.94% |
| 2014-06-30 | 1.48% |
| 2014-03-31 | 1.34% |
| 2013-12-31 | 0.94% |
| 2013-09-30 | 0.56% |
| 2013-06-30 | 1.90% |
| 2013-03-31 | 2.71% |
| 2012-12-31 | 2.16% |
| 2012-09-30 | 4.18% |
| 2012-06-30 | 3.07% |
| 2012-03-31 | 0.82% |
| 2011-12-31 | 3.70% |
| 2011-09-30 | 2.38% |
| 2011-06-30 | 1.55% |
| 2011-03-31 | 0.82% |
| 2010-12-31 | -0.26% |
