NextEra Energy Partners
NEP
#3924
Rank
C$3.40 B
Marketcap
$36.35
Share price
3.72%
Change (1 day)
-46.01%
Change (1 year)

Operating Margin for NextEra Energy Partners (NEP)

Operating Margin as of September 2024 (TTM): 8.14%

According to NextEra Energy Partners 's latest financial reports and stock price the company's current Operating Margin is 8.14%. At the end of 2023 the company had an Operating Margin of 12.71%.

Operating Margin history for NextEra Energy Partners from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202312.71%1439.34%
20220.83%-91.36%
20219.56%-75.86%
202039.59%24.43%
201931.81%-52.92%
201867.57%13.61%
201759.48%-22.44%
201676.68%49.49%
201551.30%0.63%
201450.97%18.5%
201343.02%-19.99%
201253.76%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
15.49% 90.29%๐Ÿ‡บ๐Ÿ‡ธ USA
17.86% 119.41%๐Ÿ‡บ๐Ÿ‡ธ USA
12.58% 54.55%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.