Equitrans Midstream
ETRN
#2643
Rank
โ‚น457.88 B
Marketcap
โ‚น1,048
Share price
0.57%
Change (1 day)
42.64%
Change (1 year)

Operating Margin for Equitrans Midstream (ETRN)

Operating Margin as of November 2024 (TTM): 65.37%

According to Equitrans Midstream 's latest financial reports and stock price the company's current Operating Margin is 65.37%. At the end of 2023 the company had an Operating Margin of 31.27%.

Operating Margin history for Equitrans Midstream from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202331.27%-269.38%
2022-18.46%-86.03%
2021-132.16%-368.61%
202049.20%-5727.02%
2019-0.87%-102.2%
201839.76%-33.43%
201759.72%-9.89%
201666.28%-3.86%
201568.94%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ USA
28.39%-56.57%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.