What is the current annual operating margin of TRP?

As of today, TRP annual operating margin is 44.23%

What is 1-year change in TRP annual operating margin?

TRP annual operating margin is up +7.02% year-over-year

What is 3-year change in TRP annual operating margin?

TRP annual operating margin is up +14.56% over the past 3 years

How far is TRP annual operating margin from its all-time high?

TRP annual operating margin is currently -3.20% below its historical high of 45.69% set on December 31, 2000

How does TRP annual operating margin rank versus sector peers?

TRP annual operating margin is higher than 92.24% of companies in Energy sector

When is TRP next annual earnings release?

As of today, the next annual earnings release for TRP has not been scheduled

What is the current quarterly operating margin of TRP?

As of today, TRP quarterly operating margin is 52.11%

What is TRP quarterly operating margin most recent change?

TRP quarterly operating margin was up +17.90% on March 31, 2026

What is 1-year change in TRP quarterly operating margin?

TRP quarterly operating margin is up +10.17% year-over-year

How far is TRP quarterly operating margin from its all-time high?

TRP quarterly operating margin is currently -20.10% below its historical high of 65.22% set on June 30, 2005

How does TRP quarterly operating margin rank versus sector peers?

TRP quarterly operating margin is higher than 91.03% of companies in Energy sector

When is TRP next earnings release?

The next earnings release for TRP is on July 30, 2026

TRP Operating Margin History & Chart Since 1980

Annual Operating Margin

44.23%2.90%+7.02%

December 31, 2025

Summary

Current Value: As of today, TRP annual operating margin is 44.23%, up +7.02% on December 31, 2025
Historical Performance: TRP annual operating margin is up +14.56% over the past 3 years, up +0.68% over the past 5 years
All-Time High Comparison: TRP annual operating margin is currently -3.20% below its historical high of 45.69% set on December 31, 2000
3-Year Low Comparison: TRP annual operating margin is +14.56% above its 3-year low of 38.61% reached on an earlier date
Sector Comparison: TRP annual operating margin is higher than 92.24% of companies in Energy sector

Operating Margin Chart

Performance

TRP Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	44.23%	+7.0%	+14.6%	+0.7%	+36.8%
Quarterly Operating Margin	Mar 31, 26	52.11%	+10.2%	+15.8%	+9.7%	+31.3%
Price	May 11, 26	$65.94	+33.5%	+59.3%	+29.8%	+53.1%
PE Ratio	May 11, 26	28.57	+75.3%	-13.5%	-1.7%	+26.1%
Annual Revenue	Dec 31, 25	$10.88B	+9.5%	-0.6%	+13.7%	+38.2%
Annual Operating Profit	Dec 31, 25	$4.81B	+17.2%	+13.8%	+14.5%	+89.1%
Annual Gross Margin	Dec 31, 25	50.03%	+5.7%	+12.3%	+0.9%	+54.8%
Annual Net Margin	Dec 31, 25	28.33%	-22.6%	+414.2%	-26.0%	+65.6%

Operating Margin Highs

TRP Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	44.23%	Dec 31, 25	at high
5Y	44.23%	Dec 31, 25	at high
All	45.69%	Dec 31, 00	-3.2%

Operating Margin Lows

TRP Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	38.61%	N/A	+14.6%
5Y	38.61%	Dec 31, 22	+14.6%
All	8.62%	Dec 31, 97	+413.1%

Operating Margin History

Year	Value	Change
2025	44.23%	+7.0%
2024	41.33%	-3.9%
2023	42.99%	+11.3%
2022	38.61%	-10.3%
2021	43.05%	-2.0%
2020	43.93%	+3.0%
2019	42.63%	+7.0%
2018	39.85%	+17.4%
2017	33.94%	+2.7%
2016	33.06%	-1.9%
2015	33.70%	+3.2%
2014	32.65%	-0.2%
2013	32.72%	+2.3%
2012	31.99%	-10.6%
2011	35.80%	+10.7%
2010	32.33%	-1.3%
2009	32.75%	-1.6%
2008	33.28%	+5.1%
2007	31.68%	+1.7%
2006	31.16%	-6.9%
2005	33.47%	-7.7%
2004	36.27%	-6.1%
2003	38.62%	-8.2%

Year	Value	Change
2002	42.06%	+2.8%
2001	40.92%	-10.4%
2000	45.69%	+188.6%
1999	15.83%	+46.0%
1998	10.84%	+25.8%
1997	8.62%	-27.7%
1996	11.93%	-24.8%
1995	15.87%	-18.1%
1994	19.38%	+13.5%
1993	17.08%	-5.9%
1992	18.15%	+1.1%
1991	17.95%	+21.8%
1990	14.74%	+6.2%
1989	13.88%	-3.0%
1988	14.31%	-10.7%
1987	16.03%	+20.8%
1986	13.27%	-5.1%
1985	13.98%	+7.9%
1984	12.96%	-10.8%
1983	14.53%	+2.9%
1982	14.12%	+15.3%
1981	12.25%	+16.0%
1980	10.56%	-

FAQ

What is the current annual operating margin of TRP?
As of today, TRP annual operating margin is 44.23%
What is 1-year change in TRP annual operating margin?
TRP annual operating margin is up +7.02% year-over-year
What is 3-year change in TRP annual operating margin?
TRP annual operating margin is up +14.56% over the past 3 years
How far is TRP annual operating margin from its all-time high?
TRP annual operating margin is currently -3.20% below its historical high of 45.69% set on December 31, 2000
How does TRP annual operating margin rank versus sector peers?
TRP annual operating margin is higher than 92.24% of companies in Energy sector
When is TRP next annual earnings release?
As of today, the next annual earnings release for TRP has not been scheduled

Quarterly Operating Margin

52.11%7.91%+17.90%

March 31, 2026

Summary

Current Value: As of today, TRP quarterly operating margin is 52.11%, up +17.90% on March 31, 2026
Historical Performance: TRP quarterly operating margin is up +10.17% year-over-year, up +15.83% over the past 3 years
All-Time High Comparison: TRP quarterly operating margin is currently -20.10% below its historical high of 65.22% set on June 30, 2005
3-Year Low Comparison: TRP quarterly operating margin is +41.10% above its 3-year low of 36.93% reached on September 30, 2023
Sector Comparison: TRP quarterly operating margin is higher than 91.03% of companies in Energy sector

Performance

TRP Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Mar 31, 26	52.11%	+17.9%	+10.2%	+15.8%	+9.7%
Annual Operating Margin	Dec 31, 25	44.23%	–	+7.0%	+14.6%	+0.7%
Price	May 11, 26	$65.94	+8.2%	+33.5%	+59.3%	+29.8%
PE Ratio	May 11, 26	28.57	+9.5%	+75.3%	-13.5%	-1.7%
Quarterly Revenue	Mar 31, 26	$3.09B	+5.6%	+18.9%	+12.1%	+18.7%
Quarterly Operating Profit	Mar 31, 26	$1.61B	+24.5%	+31.0%	+29.9%	+30.2%
Quarterly Gross Margin	Mar 31, 26	56.70%	+14.1%	+6.3%	+11.0%	+6.0%
Quarterly Net Margin	Mar 31, 26	27.19%	-4.6%	-13.8%	-24.9%	+194.2%

Quarterly Operating Margin Highs

TRP Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	52.11%	Mar 31, 26	at high
3Y	52.11%	Mar 31, 26	at high
5Y	52.11%	Mar 31, 26	at high
All	65.22%	Jun 30, 05	-20.1%

Quarterly Operating Margin Lows

TRP Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	41.76%	Jun 30, 25	+24.8%
3Y	36.93%	Sep 30, 23	+41.1%
5Y	35.12%	Sep 30, 22	+48.4%
All	6.67%	Mar 31, 01	+681.3%

Quarterly Operating Margin History

Month	Value	Change
Mar 2026	52.11%	+17.9%
Dec 2025	44.20%	+1.9%
Sep 2025	43.39%	+3.9%
Jun 2025	41.76%	-11.7%
Mar 2025	47.30%	+0.6%
Dec 2024	47.01%	+18.7%
Sep 2024	39.61%	+4.8%
Jun 2024	37.81%	-12.0%
Mar 2024	42.96%	-1.2%
Dec 2023	43.46%	+17.7%
Sep 2023	36.93%	-3.2%
Jun 2023	38.17%	-15.2%
Mar 2023	44.99%	+14.0%
Dec 2022	39.47%	+12.4%
Sep 2022	35.12%	-1.3%
Jun 2022	35.60%	-15.7%
Mar 2022	42.25%	+0.5%
Dec 2021	42.04%	+6.9%
Sep 2021	39.34%	-9.1%
Jun 2021	43.27%	-8.9%
Mar 2021	47.52%	+10.6%
Dec 2020	42.97%	+3.0%
Sep 2020	41.70%	-2.7%
Jun 2020	42.85%	-10.7%
Mar 2020	48.00%	+16.2%
Dec 2019	41.30%	-2.6%
Sep 2019	42.40%	-2.9%
Jun 2019	43.65%	+1.2%
Mar 2019	43.14%	-1.2%
Dec 2018	43.67%	+12.1%
Sep 2018	38.97%	-0.9%
Jun 2018	39.33%	+6.4%
Mar 2018	36.96%	+10.6%
Dec 2017	33.43%	+3.0%
Sep 2017	32.46%	-2.2%
Jun 2017	33.20%	-8.9%
Mar 2017	36.43%	+3.8%
Dec 2016	35.11%	+9.7%
Sep 2016	32.02%	-20.4%
Jun 2016	40.21%	+16.9%
Mar 2016	34.41%	+7.2%
Dec 2015	32.11%	+0.1%
Sep 2015	32.07%	-9.5%
Jun 2015	35.42%	+16.6%
Mar 2015	30.38%	-13.7%
Dec 2014	35.22%	-4.0%
Sep 2014	36.68%	+14.7%
Jun 2014	31.97%	+18.5%
Mar 2014	26.98%	-12.8%
Dec 2013	30.95%	-7.3%
Sep 2013	33.38%	-3.5%

Month	Value	Change
Jun 2013	34.60%	+7.9%
Mar 2013	32.07%	+4.3%
Dec 2012	30.74%	-2.6%
Sep 2012	31.57%	-0.5%
Jun 2012	31.72%	-10.5%
Mar 2012	35.43%	+21.4%
Dec 2011	29.18%	-22.6%
Sep 2011	37.72%	+4.3%
Jun 2011	36.16%	-8.9%
Mar 2011	39.68%	+18.0%
Dec 2010	33.62%	+7.9%
Sep 2010	31.17%	-5.6%
Jun 2010	33.01%	+4.7%
Mar 2010	31.54%	+15.3%
Dec 2009	27.36%	-5.1%
Sep 2009	28.82%	-3.5%
Jun 2009	29.87%	-3.7%
Mar 2009	31.01%	-4.4%
Dec 2008	32.44%	-5.5%
Sep 2008	34.31%	+4.9%
Jun 2008	32.70%	-4.3%
Mar 2008	34.18%	+8.7%
Dec 2007	31.43%	-40.8%
Sep 2007	53.08%	+88.2%
Jun 2007	28.21%	-2.6%
Mar 2007	28.95%	-2.5%
Dec 2006	29.70%	-54.4%
Sep 2006	65.08%	+1.4%
Jun 2006	64.21%	+7.4%
Mar 2006	59.77%	+88.4%
Dec 2005	31.73%	-48.9%
Sep 2005	62.12%	-4.8%
Jun 2005	65.22%	+2.9%
Mar 2005	63.40%	+73.7%
Dec 2004	36.49%	-0.0%
Sep 2004	36.50%	+3.9%
Jun 2004	35.12%	-11.1%
Mar 2004	39.49%	+3.3%
Dec 2003	38.21%	+0.7%
Sep 2003	37.96%	-4.8%
Jun 2003	39.89%	+3.7%
Mar 2003	38.47%	-4.1%
Dec 2002	40.13%	-1.8%
Sep 2002	40.86%	-30.6%
Jun 2002	58.88%	+32.9%
Mar 2002	44.29%	-1.8%
Dec 2001	45.12%	+9.7%
Sep 2001	41.14%	+13.9%
Jun 2001	36.11%	+441.4%
Mar 2001	6.67%	-41.8%
Jun 2000	11.47%	-

FAQ

What is the current quarterly operating margin of TRP?
As of today, TRP quarterly operating margin is 52.11%
What is TRP quarterly operating margin most recent change?
TRP quarterly operating margin was up +17.90% on March 31, 2026
What is 1-year change in TRP quarterly operating margin?
TRP quarterly operating margin is up +10.17% year-over-year
How far is TRP quarterly operating margin from its all-time high?
TRP quarterly operating margin is currently -20.10% below its historical high of 65.22% set on June 30, 2005
How does TRP quarterly operating margin rank versus sector peers?
TRP quarterly operating margin is higher than 91.03% of companies in Energy sector
When is TRP next earnings release?
The next earnings release for TRP is on July 30, 2026

Operating Margin Formula

Operating Profit Margin = Operating Profit

Revenue × 100%

Data Sources & References

TRP Official Website www.tcenergy.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1232384/000123238426000015/0001232384-26-000015-index.htm
TRP Profile on Yahoo Finance finance.yahoo.com/quote/TRP
TRP Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/trp