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 37.70% is in line with its 3-year average of 36.04%, around the middle of its 3-year range (20.41%–47.18%).
1.95% above its 12-month average of 36.98%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 47.18%.
OPERATING MARGIN
37.70%
OPERATING MARGIN AVG TTM
36.98%
OPERATING MARGIN AVG 3Y
36.04%
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
+1.95%
CURRENT VS 3Y AVG
+4.61%
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
18.52%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+103.62%
vs the sector median at left
Venture Global, Inc.
Market Cap
$37.34B
Operating Margin
37.70%
TTM Avg
36.98%
3Y Avg
36.04%
5Y Avg
N/A
Market Cap
$39.72B
Operating Margin
14.57%
TTM Avg
16.48%
3Y Avg
11.17%
5Y Avg
5.18%
Market Cap
$29.80B
Operating Margin
11.44%
TTM Avg
13.43%
3Y Avg
14.48%
5Y Avg
8.81%
Market Cap
$27.48B
Operating Margin
34.04%
TTM Avg
33.50%
3Y Avg
35.21%
5Y Avg
27.57%
Market Cap
$25.63B
Operating Margin
74.92%
TTM Avg
75.28%
3Y Avg
77.94%
5Y Avg
77.33%
Market Cap
$21.81B
Operating Margin
17.49%
TTM Avg
-0.77%
3Y Avg
17.98%
5Y Avg
-10.55%
Market Cap
$21.75B
Operating Margin
33.65%
TTM Avg
31.87%
3Y Avg
22.13%
5Y Avg
20.05%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Venture Global, Inc. (VG) | $37.34B | 37.70% | 36.98% | 36.04% | N/A |
| Cameco Corporation (CCJ)vs › | $39.72B | 14.57% | 16.48% | 11.17% | 5.18% |
| EQT Corporation (EQT)vs › | $33.22B | 34.70% | 23.91% | 28.96% | 10.49% |
| Tenaris S.A. (TS)vs › | $30.39B | 18.55% | 19.23% | 23.17% | 15.11% |
| Halliburton Company (HAL)vs › | $29.80B | 11.44% | 13.43% | 14.48% | 8.81% |
| Pembina Pipeline Corporation (PBA)vs › | $27.48B | 34.04% | 33.50% | 35.21% | 27.57% |
| Texas Pacific Land Corporation (TPL)vs › | $25.63B | 74.92% | 75.28% | 77.94% | 77.33% |
| Expand Energy Corporation (EXE)vs › | $21.81B | 17.49% | -0.77% | 17.98% | -10.55% |
| First Solar, Inc. (FSLR)vs › | $21.75B | 33.65% | 31.87% | 22.13% | 20.05% |
| Baker Hughes Company (BKR)vs › | $56.30B | 12.92% | 12.49% | 11.06% | 8.98% |
Gross Margin
47.8%
Operating Margin
37.7%
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 | 47.18% |
| 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% |
| 2024-03-31 | 32.76% |
| 2024-03-31 | 43.64% |
| 2023-12-31 | 45.16% |
| 2023-09-30 | 29.32% |
