EnLink Midstream
ENLC
Operating Margin for EnLink Midstream (ENLC)
Operating Margin as of May 2024 (TTM): 9.04%
According to EnLink Midstream 's latest financial reports and stock price the company's current Operating Margin is 9.04%. At the end of 2022 the company had an Operating Margin of 4.25%.
Operating Margin history for EnLink Midstream from 2003 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 4.25% | 68.94% |
| 2021 | 2.52% | -156.85% |
| 2020 | -4.43% | -73% |
| 2019 | -16.40% | 8548.4% |
| 2018 | -0.19% | -108.83% |
| 2017 | 2.15% | -110.36% |
| 2016 | -20.72% | -33.47% |
| 2015 | -31.15% | -430.26% |
| 2014 | 9.43% | -249.29% |
| 2013 | -6.32% | 141.17% |
| 2012 | -2.62% | 1203.77% |
| 2011 | -0.20% | -86.92% |
| 2010 | -1.54% | -71.4% |
| 2009 | -5.37% | 745.16% |
| 2008 | -0.64% | -295.21% |
| 2007 | 0.33% | -62.68% |
| 2006 | 0.87% | -66.59% |
| 2005 | 2.61% | 273.02% |
| 2004 | 0.70% | -69.95% |
| 2003 | 2.33% | -743.92% |
| 2002 | -0.36% | -107.65% |
| 2001 | 4.72% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Magellan Midstream Partners
MMP | 29.62% | 227.65% | 🇺🇸 USA |
 Plains All American Pipeline PAA | 2.47% | -72.68% | 🇺🇸 USA |
 Phillips 66 Partners
PSXP | 79.32% | 777.43% | 🇺🇸 USA |
 PBF Logistics
PBFX | 52.88% | 484.96% | 🇺🇸 USA |
 NuStar Energy NS | 13.42% | 48.45% | 🇺🇸 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.