According to PSEG's latest financial reports and stock price the company's current Operating Margin is 17.73%. At the end of 2024 the company had an Operating Margin of 17.74%.
Year | Operating Margin | Change |
---|---|---|
2024 | 17.74% | -35.31% |
2023 | 27.42% | 168.16% |
2022 | 10.22% | -191.28% |
2021 | -11.20% | -146.75% |
2020 | 23.96% | 23.81% |
2019 | 19.35% | 1.16% |
2018 | 19.13% | 37.21% |
2017 | 13.94% | -3.69% |
2016 | 14.48% | -43.74% |
2015 | 25.73% | 14.06% |
2014 | 22.56% | 9.43% |
2013 | 20.62% | 0.27% |
2012 | 20.56% | -4.45% |
2011 | 21.52% | -3% |
2010 | 22.18% | 1.28% |
2009 | 21.90% | 52.92% |
2008 | 14.32% | -22.62% |
2007 | 18.51% | 91.14% |
2006 | 9.68% | -17.21% |
2005 | 11.70% | -2.97% |
2004 | 12.05% | 2.03% |
2003 | 11.81% | 47.37% |
2002 | 8.02% | -51.55% |
2001 | 16.55% |
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.