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 25.94% is 26% below its 2-year average of 35.03%, near the low end of its 2-year range (20.41%–45.16%).
As of the fiscal period ended Tuesday, March 31, 2026. 25.90% below its 12-month average of 35.01%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
25.94%
OPERATING MARGIN AVG TTM
35.01%
OPERATING MARGIN AVG 3Y
N/A
OPERATING MARGIN AVG 5Y
N/A
OPERATING MARGIN AVG 10Y
N/A
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-25.90%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
16.21%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+60.03%
vs the sector median at left
Market Cap
$28.05B
Operating Margin
18.84%
TTM Avg
24.34%
3Y Avg
30.59%
5Y Avg
24.82%
Market Cap
$27.77B
Operating Margin
74.42%
TTM Avg
75.28%
3Y Avg
77.94%
5Y Avg
77.33%
Market Cap
$37.62B
Operating Margin
16.59%
TTM Avg
16.48%
3Y Avg
11.17%
5Y Avg
5.18%
Market Cap
$26.94B
Operating Margin
11.44%
TTM Avg
13.43%
3Y Avg
14.48%
5Y Avg
8.81%
Market Cap
$24.72B
Operating Margin
31.10%
TTM Avg
28.70%
3Y Avg
37.80%
5Y Avg
36.12%
Market Cap
$21.77B
Operating Margin
17.49%
TTM Avg
-0.77%
3Y Avg
17.98%
5Y Avg
-10.55%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Venture Global, Inc. (VG) | $32.67B | 25.94% | 35.01% | N/A | N/A |
| EQT Corporation (EQT)vs › | $33.33B | 34.70% | 23.91% | 28.96% | 10.49% |
| Tenaris S.A. (TS)vs › | $30.76B | 19.10% | 19.23% | 23.17% | 15.11% |
| Devon Energy Corporation (DVN)vs › | $28.05B | 18.84% | 24.34% | 30.59% | 24.82% |
| Texas Pacific Land Corporation (TPL)vs › | $27.77B | 74.42% | 75.28% | 77.94% | 77.33% |
| Cameco Corporation (CCJ)vs › | $37.62B | 16.59% | 16.48% | 11.17% | 5.18% |
| Halliburton Company (HAL)vs › | $26.94B | 11.44% | 13.43% | 14.48% | 8.81% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 31.10% | 28.70% | 37.80% | 36.12% |
| Expand Energy Corporation (EXE)vs › | $21.77B | 17.49% | -0.77% | 17.98% | -10.55% |
| APA Corporation (APA)vs › | $13.19B | 32.67% | 31.84% | 37.53% | 31.29% |
Gross Margin
44.6%
Operating Margin
25.9%
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 | 25.94% |
| 2025-12-31 | 38.65% |
| 2025-09-30 | 39.65% |
| 2025-06-30 | 33.47% |
| 2025-03-31 | 37.32% |
| 2024-12-31 | 38.98% |
| 2024-09-30 | 20.41% |
| 2024-06-30 | 32.76% |
| 2024-03-31 | 43.64% |
| 2023-12-31 | 45.16% |
| 2023-09-30 | 29.32% |
