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 13.28% is in line with its 5-year average of 13.89%, around the middle of its 5-year range (0.00%–20.51%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.59% above its 12-month average of 12.82%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
13.28%
OPERATING MARGIN AVG TTM
12.82%
OPERATING MARGIN AVG 3Y
11.92%
OPERATING MARGIN AVG 5Y
13.89%
OPERATING MARGIN AVG 10Y
10.22%
OPERATING MARGIN AVG 15Y
10.13%
OPERATING MARGIN AVG 20Y
11.39%
CURRENT VS TTM AVG
+3.59%
CURRENT VS 3Y AVG
+11.38%
CURRENT VS 5Y AVG
-4.39%
CURRENT VS 10Y AVG
+29.95%
CURRENT VS 15Y AVG
+31.03%
CURRENT VS 20Y AVG
+16.55%
SECTOR MEDIAN · ENERGY
18.52%
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
-28.29%
vs the sector median at left
TotalEnergies SE
Market Cap
$192.30B
Operating Margin
13.28%
TTM Avg
12.82%
3Y Avg
11.92%
5Y Avg
13.89%
Market Cap
$158.80B
Operating Margin
22.68%
TTM Avg
21.49%
3Y Avg
25.61%
5Y Avg
19.93%
Market Cap
$107.68B
Operating Margin
7.95%
TTM Avg
4.06%
3Y Avg
6.83%
5Y Avg
2.22%
Market Cap
$102.18B
Operating Margin
18.62%
TTM Avg
32.87%
3Y Avg
30.29%
5Y Avg
25.02%
Market Cap
$101.45B
Operating Margin
7.53%
TTM Avg
3.20%
3Y Avg
5.87%
5Y Avg
3.82%
Market Cap
$90.18B
Operating Margin
40.31%
TTM Avg
34.31%
3Y Avg
33.92%
5Y Avg
31.49%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TotalEnergies SE (TTE) | $192.30B | 13.28% | 12.82% | 11.92% | 13.89% |
| ConocoPhillips (COP)vs › | $158.80B | 22.68% | 21.49% | 25.61% | 19.93% |
| Shell plc (SHEL)vs › | $253.47B | 12.28% | 10.44% | 11.79% | 6.92% |
| Marathon Petroleum Corporation (MPC)vs › | $107.68B | 7.95% | 4.06% | 6.83% | 2.22% |
| Canadian Natural Resources Limited (CNQ)vs › | $102.18B | 18.62% | 32.87% | 30.29% | 25.02% |
| Valero Energy Corporation (VLO)vs › | $101.45B | 7.53% | 3.20% | 5.87% | 3.82% |
| Phillips 66 (PSX)vs › | $97.83B | 6.67% | 2.14% | 3.95% | 2.34% |
| The Williams Companies, Inc. (WMB)vs › | $90.18B | 40.31% | 34.31% | 33.92% | 31.49% |
| Slb N.V. (SLB)vs › | $85.09B | 13.40% | 16.36% | 16.02% | 13.86% |
| Enterprise Products Partners L.P. (EPD)vs › | $84.42B | 12.97% | 13.09% | 13.00% | 14.24% |
Gross Margin
30.7%
Operating Margin
13.3%
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 | 13.28% |
| 2026-03-31 | 20.51% |
| 2025-12-31 | 7.57% |
| 2025-09-30 | 13.04% |
| 2025-06-30 | 9.69% |
| 2025-03-31 | 13.36% |
| 2024-12-31 | 11.97% |
| 2024-09-30 | 10.06% |
| 2024-06-30 | 12.74% |
| 2024-03-31 | 14.32% |
| 2023-12-31 | 12.30% |
| 2023-09-30 | 0.00% |
| 2023-06-30 | 12.80% |
| 2023-03-31 | 15.36% |
| 2022-12-31 | 19.22% |
| 2022-09-30 | 19.06% |
| 2022-06-30 | 19.51% |
| 2022-03-31 | 18.98% |
| 2021-12-31 | 14.86% |
| 2021-09-30 | 13.84% |
| 2021-06-30 | 11.90% |
| 2021-03-31 | 12.59% |
| 2020-12-31 | 4.01% |
| 2020-09-30 | 4.00% |
| 2020-06-30 | -39.38% |
| 2020-03-31 | -0.54% |
| 2019-12-31 | 7.89% |
| 2019-09-30 | 9.42% |
| 2019-06-30 | 8.63% |
| 2019-03-31 | 10.91% |
| 2018-12-31 | 3.06% |
| 2018-09-30 | 11.70% |
| 2018-06-30 | 11.17% |
| 2018-03-31 | 8.75% |
| 2017-12-31 | 2.94% |
| 2017-09-30 | 9.14% |
| 2017-06-30 | 5.75% |
| 2017-03-31 | 3.23% |
| 2016-12-31 | 0.12% |
| 2016-09-30 | 6.04% |
| 2016-06-30 | 5.53% |
| 2016-03-31 | 3.17% |
| 2015-12-31 | -15.71% |
| 2015-09-30 | 3.56% |
| 2015-06-30 | 9.43% |
| 2015-03-31 | 5.35% |
| 2014-12-31 | -15.52% |
| 2014-09-30 | 9.51% |
| 2014-06-30 | 9.57% |
| 2014-03-31 | 10.56% |
| 2013-12-31 | 9.47% |
| 2013-09-30 | 10.21% |
| 2013-06-30 | 10.27% |
| 2013-03-31 | 12.49% |
| 2012-12-31 | 9.72% |
| 2012-09-30 | 12.77% |
| 2012-06-30 | 9.10% |
| 2012-03-31 | 15.95% |
| 2011-12-31 | 9.15% |
| 2011-09-30 | 12.84% |
| 2011-06-30 | 15.92% |
| 2011-03-31 | 18.51% |
| 2010-12-31 | 7.85% |
| 2010-09-30 | 12.79% |
| 2010-06-30 | 15.18% |
| 2010-03-31 | 14.58% |
| 2009-12-31 | 11.41% |
| 2009-09-30 | 12.54% |
| 2009-06-30 | 14.15% |
| 2009-03-31 | 14.91% |
| 2008-12-31 | -1.90% |
| 2008-09-30 | 15.10% |
| 2008-06-30 | 21.27% |
| 2008-03-31 | 18.98% |
| 2007-12-31 | 18.80% |
| 2007-09-30 | 17.28% |
| 2007-06-30 | 18.97% |
| 2007-03-31 | 18.42% |
| 2006-12-31 | 16.65% |
| 2006-09-30 | 16.19% |
| 2006-06-30 | 19.15% |
| 2006-03-31 | 20.77% |
| 2005-12-31 | 8.33% |
| 2005-09-30 | 22.81% |
| 2005-06-30 | 21.73% |
| 2005-03-31 | 22.90% |
| 2004-12-31 | 12.21% |
| 2004-09-30 | 14.27% |
| 2004-06-30 | 17.93% |
| 2004-03-31 | 12.58% |
| 2003-12-31 | 11.58% |
| 2003-09-30 | 11.85% |
| 2003-06-30 | 11.79% |
| 2003-03-31 | 13.65% |
| 2002-12-31 | -201.19% |
| 2002-09-30 | 100.00% |
