WEC Energy Group
WEC
#690
Rank
โ‚ฌ26.74 B
Marketcap
84,63ย โ‚ฌ
Share price
-1.53%
Change (1 day)
4.30%
Change (1 year)

Operating Margin for WEC Energy Group (WEC)

Operating Margin as of September 2024 (TTM): 18.29%

According to WEC Energy Group's latest financial reports and stock price the company's current Operating Margin is 18.29%. At the end of 2023 the company had an Operating Margin of 25.45%.

Operating Margin history for WEC Energy Group from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202325.45%8.67%
202223.42%-1.13%
202123.69%-10.79%
202026.55%13.43%
201923.41%7.31%
201821.82%-16.74%
201726.20%2.54%
201625.55%7.74%
201523.72%-0.53%
201423.84%-7.7%
201325.83%-0.35%
201225.92%14.87%
201122.57%4.14%
201021.67%18.82%
200918.24%10.92%
200816.44%10.86%
200714.83%4.26%
200614.23%-3.58%
200514.75%-5.19%
200415.56%6.76%
200314.58%5.5%
200213.82%-10.28%
200115.40%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
17.55%-4.05%๐Ÿ‡บ๐Ÿ‡ธ USA
12.78%-30.13%๐Ÿ‡บ๐Ÿ‡ธ USA
17.86%-2.35%๐Ÿ‡บ๐Ÿ‡ธ USA
12.32%-32.64%๐Ÿ‡บ๐Ÿ‡ธ USA
16.40%-10.33%๐Ÿ‡บ๐Ÿ‡ธ USA
7.18%-60.74%๐Ÿ‡บ๐Ÿ‡ธ USA
11.43%-37.51%๐Ÿ‡บ๐Ÿ‡ธ USA
7.85%-57.08%๐Ÿ‡บ๐Ÿ‡ธ USA
21.07% 15.20%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.