EnLink Midstream
ENLC
#2242
Rank
โ‚ฌ6.43 B
Marketcap
14,09ย โ‚ฌ
Share price
-1.87%
Change (1 day)
22.69%
Change (1 year)

Operating Margin for EnLink Midstream (ENLC)

Operating Margin as of November 2024 (TTM): 8.58%

According to EnLink Midstream 's latest financial reports and stock price the company's current Operating Margin is 8.58%. At the end of 2023 the company had an Operating Margin of 6.00%.

Operating Margin history for EnLink Midstream from 2003 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.00%40.89%
20224.26%73.22%
20212.46%-155.85%
2020-4.40%-73.22%
2019-16.44%8563.17%
2018-0.19%-108.85%
20172.14%-110.35%
2016-20.72%-33.47%
2015-31.15%-432.99%
20149.36%15.42%
20138.11%-434.7%
2012-2.42%1105.2%
2011-0.20%-86.92%
2010-1.54%-68.96%
2009-4.95%132.1%
2008-2.13%-705.84%
20070.35%-59.65%
20060.87%-66.59%
20052.61%273.44%
20040.70%-69.91%
20032.32%-742.48%
2002-0.36%-107.65%
20014.72%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
79.32% 824.47%๐Ÿ‡บ๐Ÿ‡ธ USA
3.33%-61.19%๐Ÿ‡บ๐Ÿ‡ธ USA
29.62% 245.22%๐Ÿ‡บ๐Ÿ‡ธ USA
52.88% 516.32%๐Ÿ‡บ๐Ÿ‡ธ USA
13.42% 56.41%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.