Essential Utilities
WTRG
$36.42
Share price
0.93%
Change (1 day)
-14.70%
Change (1 year)
Categories
Operating Margin for Essential Utilities (WTRG)
Operating Margin as of April 2024 (TTM): 19.70%
According to Essential Utilities 's latest financial reports and stock price the company's current Operating Margin is 19.70%. At the end of 2022 the company had an Operating Margin of 19.71%.
Operating Margin history for Essential Utilities from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 19.71% | -12.29% |
| 2021 | 22.47% | 24.03% |
| 2020 | 18.12% | -23.81% |
| 2019 | 23.78% | 11.74% |
| 2018 | 21.28% | -32.89% |
| 2017 | 31.70% | 1.87% |
| 2016 | 31.12% | 16.91% |
| 2015 | 26.62% | -13.17% |
| 2014 | 30.66% | 3.5% |
| 2013 | 29.62% | -10.56% |
| 2012 | 33.12% | 9.24% |
| 2011 | 30.32% | 7.87% |
| 2010 | 28.11% | 9.45% |
| 2009 | 25.68% | -0.92% |
| 2008 | 25.92% | 0.4% |
| 2007 | 25.82% | -9.54% |
| 2006 | 28.54% | -4.25% |
| 2005 | 29.81% | -0.29% |
| 2004 | 29.89% | -5.95% |
| 2003 | 31.78% | -6.32% |
| 2002 | 33.93% | 5.21% |
| 2001 | 32.25% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Middlesex Water Company
MSEX | 21.69% | 10.10% | 🇺🇸 USA |
 Sabesp SBS | 22.67% | 15.08% | 🇧🇷 Brazil |
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.