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 2.34% is 88% below its 5-year average of 19.02%, around the middle of its 5-year range (-74.76%–51.77%).
170.50% above its 12-month average of -3.32%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 13.77%.
OPERATING MARGIN
2.34%
OPERATING MARGIN AVG TTM
-3.32%
OPERATING MARGIN AVG 3Y
20.62%
OPERATING MARGIN AVG 5Y
19.02%
OPERATING MARGIN AVG 10Y
12.20%
OPERATING MARGIN AVG 15Y
10.79%
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+170.50%
CURRENT VS 3Y AVG
-88.65%
CURRENT VS 5Y AVG
-87.70%
CURRENT VS 10Y AVG
-80.81%
CURRENT VS 15Y AVG
-78.31%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
22.28%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-89.50%
vs the sector median at left
Market Cap
$46.30B
Operating Margin
22.22%
TTM Avg
22.95%
3Y Avg
20.59%
5Y Avg
19.26%
Market Cap
$44.14B
Operating Margin
20.98%
TTM Avg
18.69%
3Y Avg
17.68%
5Y Avg
17.58%
Market Cap
$41.92B
Operating Margin
20.79%
TTM Avg
19.98%
3Y Avg
18.97%
5Y Avg
16.56%
Market Cap
$53.78B
Operating Margin
25.13%
TTM Avg
24.60%
3Y Avg
20.82%
5Y Avg
19.21%
Market Cap
$37.81B
Operating Margin
17.98%
TTM Avg
17.62%
3Y Avg
16.92%
5Y Avg
18.31%
Market Cap
$33.54B
Operating Margin
23.14%
TTM Avg
23.68%
3Y Avg
23.56%
5Y Avg
18.18%
Market Cap
$33.26B
Operating Margin
19.99%
TTM Avg
18.93%
3Y Avg
16.65%
5Y Avg
14.64%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vistra Corp. (VST) | $46.52B | 2.34% | -3.32% | 20.62% | 19.02% |
| Entergy Corporation (ETR)vs › | $46.30B | 22.22% | 22.95% | 20.59% | 19.26% |
| Xcel Energy Inc. (XEL)vs › | $44.14B | 20.98% | 18.69% | 17.68% | 17.58% |
| Exelon Corporation (EXC)vs › | $41.92B | 20.79% | 19.98% | 18.97% | 16.56% |
| Sempra (SRE)vs › | $51.66B | 26.86% | 22.79% | 21.92% | 22.52% |
| Dominion Energy, Inc. (D)vs › | $53.78B | 25.13% | 24.60% | 20.82% | 19.21% |
| Consolidated Edison, Inc. (ED)vs › | $37.81B | 17.98% | 17.62% | 16.92% | 18.31% |
| Public Service Enterprise Group Incorporated (PEG)vs › | $33.54B | 23.14% | 23.68% | 23.56% | 18.18% |
| PG&E Corporation (PCG)vs › | $33.26B | 19.99% | 18.93% | 16.65% | 14.64% |
| WEC Energy Group, Inc. (WEC)vs › | $32.95B | 24.12% | 24.63% | 22.69% | 22.49% |
Gross Margin
13.0%
Operating Margin
2.3%
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 | 13.77% |
| 2026-03-31 | 11.32% |
| 2025-12-31 | -74.76% |
| 2025-09-30 | 20.96% |
| 2025-06-30 | 12.12% |
| 2025-03-31 | 22.57% |
| 2024-12-31 | 51.77% |
| 2024-09-30 | 35.91% |
| 2024-06-30 | 16.73% |
| 2024-03-31 | -6.70% |
| 2023-12-31 | 15.80% |
| 2023-09-30 | 37.01% |
| 2023-06-30 | 20.06% |
| 2023-03-31 | 21.49% |
| 2022-12-31 | -10.16% |
| 2022-09-30 | 28.96% |
| 2022-06-30 | 6.66% |
| 2022-03-31 | 10.88% |
| 2021-12-31 | 23.54% |
| 2021-09-30 | 17.98% |
| 2021-06-30 | 7.64% |
| 2021-03-31 | -87.25% |
| 2020-12-31 | 1.42% |
| 2020-09-30 | 22.96% |
| 2020-06-30 | 12.84% |
| 2020-03-31 | 13.15% |
| 2019-12-31 | 10.54% |
| 2019-09-30 | 25.03% |
| 2019-06-30 | 8.88% |
| 2019-03-31 | 8.71% |
| 2018-12-31 | 7.92% |
| 2018-09-30 | 26.39% |
| 2018-06-30 | 5.89% |
| 2018-03-31 | 4.38% |
| 2017-12-31 | -13.21% |
| 2017-09-30 | 16.62% |
| 2017-06-30 | 4.75% |
| 2017-03-31 | -1.27% |
| 2016-12-31 | -7.00% |
| 2016-09-30 | 17.99% |
| 2016-06-30 | -9.08% |
| 2016-03-31 | 3.72% |
| 2015-12-31 | -431.22% |
| 2015-09-30 | 25.73% |
| 2015-06-30 | 2.63% |
| 2015-03-31 | 15.17% |
| 2014-12-31 | 5.45% |
| 2014-09-30 | 17.71% |
| 2014-06-30 | 2.63% |
| 2014-03-31 | -11.21% |
| 2013-12-31 | -11.23% |
| 2013-09-30 | 20.39% |
| 2013-06-30 | 7.89% |
| 2013-03-31 | -25.48% |
| 2012-12-31 | -2.19% |
| 2012-09-30 | 10.10% |
