Unitil annual operating margin
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2025
Unitil Operating Margin Growth & History (UTL)
Unitil's operating margin was 18.88% for fiscal 2025.
View full Unitil company overviewUnitil annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 18.88% | +0.57 pp |
| 2024 | 2024-12-31 | 18.31% | +2.68 pp |
| 2023 | 2023-12-31 | 15.63% | +1.34 pp |
| 2022 | 2022-12-31 | 14.29% | −2.14 pp |
| 2021 | 2021-12-31 | 16.44% | −0.62 pp |
| 2020 | 2020-12-31 | 17.06% | +0.37 pp |
| 2019 | 2019-12-31 | 16.68% | +0.65 pp |
| 2018 | 2018-12-31 | 16.03% | −2.53 pp |
| 2017 | 2017-12-31 | 18.56% | +0.25 pp |
| 2016 | 2016-12-31 | 18.31% | +3.53 pp |
| 2015 | 2015-12-31 | 14.78% | +0.69 pp |
| 2014 | 2014-12-31 | 14.09% | −0.49 pp |
| 2013 | 2013-12-31 | 14.58% | +1.13 pp |
| 2012 | 2012-12-31 | 13.45% | +0.07 pp |
| 2011 | 2011-12-31 | 13.38% | +5.57 pp |
| 2010 | 2010-12-31 | 7.81% | +0.70 pp |
| 2009 | 2009-12-31 | 7.11% | −0.00 pp |
| 2008 | 2008-12-31 | 7.11% | — |
Unitil quarterly operating margin
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Q2.10
Q3.10
Q4.10
Q1.11
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Q4.11
Q1.12
Q2.12
Q3.12
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Q1.13
Q2.13
Q3.13
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Q2.14
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Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
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Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 13.16% | +0.20 pp |
| Q1 2026 | 2026-03-31 | 25.77% | −1.28 pp |
| Q4 2025 | 2025-12-31 | 21.49% | −0.63 pp |
| Q3 2025 | 2025-09-30 | 6.92% | +0.68 pp |
| Q2 2025 | 2025-06-30 | 12.96% | +0.01 pp |
| Q1 2025 | 2025-03-31 | 27.05% | +2.31 pp |
| Q4 2024 | 2024-12-31 | 22.12% | +0.67 pp |
| Q3 2024 | 2024-09-30 | 6.24% | −1.46 pp |
| Q2 2024 | 2024-06-30 | 12.96% | +1.55 pp |
| Q1 2024 | 2024-03-31 | 24.73% | +6.80 pp |
| Q4 2023 | 2023-12-31 | 21.45% | +5.60 pp |
| Q3 2023 | 2023-09-30 | 7.70% | +1.17 pp |
| Q2 2023 | 2023-06-30 | 11.41% | −0.62 pp |
| Q1 2023 | 2023-03-31 | 17.94% | −0.65 pp |
| Q4 2022 | 2022-12-31 | 15.85% | −3.03 pp |
| Q3 2022 | 2022-09-30 | 6.53% | −0.81 pp |
| Q2 2022 | 2022-06-30 | 12.03% | +0.85 pp |
| Q1 2022 | 2022-03-31 | 18.59% | −5.48 pp |
| Q4 2021 | 2021-12-31 | 18.88% | −2.76 pp |
| Q3 2021 | 2021-09-30 | 7.34% | −1.13 pp |
| Q2 2021 | 2021-06-30 | 11.18% | −2.05 pp |
| Q1 2021 | 2021-03-31 | 24.06% | +2.90 pp |
| Q4 2020 | 2020-12-31 | 21.64% | +2.74 pp |
| Q3 2020 | 2020-09-30 | 8.47% | −3.26 pp |
| Q2 2020 | 2020-06-30 | 13.23% | −1.34 pp |
| Q1 2020 | 2020-03-31 | 21.17% | +2.23 pp |
| Q4 2019 | 2019-12-31 | 18.90% | +1.23 pp |
| Q3 2019 | 2019-09-30 | 11.72% | +0.05 pp |
| Q2 2019 | 2019-06-30 | 14.57% | +2.03 pp |
| Q1 2019 | 2019-03-31 | 18.93% | −0.34 pp |
| Q4 2018 | 2018-12-31 | 17.68% | −4.27 pp |
| Q3 2018 | 2018-09-30 | 11.68% | −0.70 pp |
| Q2 2018 | 2018-06-30 | 12.54% | −1.81 pp |
| Q1 2018 | 2018-03-31 | 19.27% | −3.01 pp |
| Q4 2017 | 2017-12-31 | 21.95% | −3.17 pp |
| Q3 2017 | 2017-09-30 | 12.38% | −1.71 pp |
| Q2 2017 | 2017-06-30 | 14.36% | +1.60 pp |
| Q1 2017 | 2017-03-31 | 22.28% | +3.68 pp |
| Q4 2016 | 2016-12-31 | 25.12% | +7.05 pp |
| Q3 2016 | 2016-09-30 | 14.09% | +4.31 pp |
| Q2 2016 | 2016-06-30 | 12.75% | +1.27 pp |
| Q1 2016 | 2016-03-31 | 18.60% | +2.11 pp |
| Q4 2015 | 2015-12-31 | 18.07% | +1.29 pp |
| Q3 2015 | 2015-09-30 | 9.77% | +0.11 pp |
| Q2 2015 | 2015-06-30 | 11.48% | +1.80 pp |
| Q1 2015 | 2015-03-31 | 16.49% | +0.22 pp |
| Q4 2014 | 2014-12-31 | 16.78% | −2.80 pp |
| Q3 2014 | 2014-09-30 | 9.66% | +1.94 pp |
| Q2 2014 | 2014-06-30 | 9.69% | +2.91 pp |
| Q1 2014 | 2014-03-31 | 16.27% | −2.26 pp |
| Q4 2013 | 2013-12-31 | 19.58% | −4.91 pp |
| Q3 2013 | 2013-09-30 | 7.72% | +0.71 pp |
| Q2 2013 | 2013-06-30 | 6.78% | +0.53 pp |
| Q1 2013 | 2013-03-31 | 18.53% | +6.27 pp |
| Q4 2012 | 2012-12-31 | 24.49% | −1.27 pp |
| Q3 2012 | 2012-09-30 | 7.01% | −0.09 pp |
| Q2 2012 | 2012-06-30 | 6.25% | +0.21 pp |
| Q1 2012 | 2012-03-31 | 12.26% | +0.65 pp |
| Q4 2011 | 2011-12-31 | 25.77% | +15.76 pp |
| Q3 2011 | 2011-09-30 | 7.10% | +0.93 pp |
| Q2 2011 | 2011-06-30 | 6.04% | +2.40 pp |
| Q1 2011 | 2011-03-31 | 11.61% | +1.97 pp |
| Q4 2010 | 2010-12-31 | 10.01% | — |
| Q3 2010 | 2010-09-30 | 6.18% | — |
| Q2 2010 | 2010-06-30 | 3.64% | — |
| Q1 2010 | 2010-03-31 | 9.65% | — |
Unitil operating margin trends
Over the last five reported fiscal years, Unitil's operating margin increased from 17.06% to 18.88%, a change of +1.82 percentage points. The latest reported quarter, Q2 2026, shows 13.16%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Unitil filings at SEC.gov ↗