Latest profit margin for Enerplus: 23.94% — see history and peer comparisons.
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+ FollowAs of Mar 2024
Trailing 12 months ending Mar 2024
Enerplus (ERF) currently reports a profit margin of 23.94% as of March 2024. That compares with 44.98% in the prior-year period — down 46.8% year over year. That is above the Energy sector average of 9.85%. Use the charts on this page to explore Enerplus's profit margin history and peer comparisons.
Enerplus's profit margin decreased from 44.98% to 23.94% — a 46.8% year-over-year decrease (period ending March 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Enerplus's profit margin of 23.94% is higher than the Energy sector average of 9.85%. That is roughly 142.9% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' profit margin, but Enerplus's current 23.94% should be judged against Energy norms (sector average: 9.85%) and against ERF's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current profit margin of 23.94%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Energy average is 9.85%. From there, open related valuation or income-statement pages for Enerplus, and consider following ERF for alerts when major investors trade the stock.