NextEra Energy Partners
NEP
#3627
Rank
$2.69 B
Marketcap
$28.77
Share price
4.77%
Change (1 day)
-54.84%
Change (1 year)

Operating Margin for NextEra Energy Partners (NEP)

Operating Margin as of April 2024 (TTM): 16.48%

According to NextEra Energy Partners 's latest financial reports and stock price the company's current Operating Margin is 16.48%. At the end of 2022 the company had an Operating Margin of 13.29%.

Operating Margin history for NextEra Energy Partners from 2013 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202213.29%-44.21%
202123.83%-39.8%
202039.59%24.43%
201931.81%-52.92%
201867.57%14.81%
201758.86%-23.2%
201676.64%65.59%
201546.28%-14%
201453.82%7.87%
201349.89%-7.2%
201253.76%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
15.77%-4.31%๐Ÿ‡บ๐Ÿ‡ธ USA
9.45%-42.66%๐Ÿ‡บ๐Ÿ‡ธ USA
13.29%-19.36%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.