Genie Energy
GNE
$15.36
Share price
0.79%
Change (1 day)
-4.00%
Change (1 year)
Categories
Operating Margin for Genie Energy (GNE)
Operating Margin as of April 2024 (TTM): 30.27%
According to Genie Energy 's latest financial reports and stock price the company's current Operating Margin is 30.27%. At the end of 2021 the company had an Operating Margin of 9.10%.
Operating Margin history for Genie Energy from 2011 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 9.10% | 42.61% |
| 2020 | 6.38% | 208.99% |
| 2019 | 2.06% | -38.6% |
| 2018 | 3.36% | -234.35% |
| 2017 | -2.50% | -155.95% |
| 2016 | 4.47% | -270.45% |
| 2015 | -2.62% | -67.11% |
| 2014 | -7.98% | -582.13% |
| 2013 | 1.65% | -38.97% |
| 2012 | 2.71% | -54.8% |
| 2011 | 6.00% | -61.45% |
| 2010 | 15.56% | 5.82% |
| 2009 | 14.70% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Consolidated Edison ED | 19.61% | -35.22% | 🇺🇸 USA |
 Exelon Corporation EXC | 12.59% | -58.41% | 🇺🇸 USA |
 FirstEnergy FE | 12.06% | -60.16% | 🇺🇸 USA |
 NiSource
NI | 14.44% | -52.30% | 🇺🇸 USA |
 UGI Corporation
UGI | 2.02% | -93.33% | 🇺🇸 USA |
 National Fuel Gas
NFG | 31.22% | 3.14% | 🇺🇸 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.