Equitrans Midstream
ETRN
$13.74
Share price
1.70%
Change (1 day)
168.88%
Change (1 year)
Operating Margin for Equitrans Midstream (ETRN)
Operating Margin as of May 2024 (TTM): 11.73%
According to Equitrans Midstream 's latest financial reports and stock price the company's current Operating Margin is 11.73%. At the end of 2022 the company had an Operating Margin of -18.46%.
Operating Margin history for Equitrans Midstream from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -18.46% | -85.79% |
| 2021 | -129.92% | -364.04% |
| 2020 | 49.20% | -5727.02% |
| 2019 | -0.87% | -102.2% |
| 2018 | 39.76% | -33.43% |
| 2017 | 59.72% | -9.89% |
| 2016 | 66.28% | -3.86% |
| 2015 | 68.94% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Kinder Morgan KMI | 24.70% | 110.57% | 🇺🇸 USA |
 NextDecade Corp NEXT | 0.00% | N/A | 🇺🇸 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.