Latest profit margin for Equitrans Midstream: 30.54% — see history and peer comparisons.
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+ FollowAs of Jun 2024
Trailing 12 months ending Jun 2024
Equitrans Midstream's profit margin stands at 30.54% as of June 2024. That compares with -22.82% in the prior-year period — up 233.8% year over year. That is above the Energy sector average of 9.85%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Equitrans Midstream reported 30.54% in profit margin versus -22.82% a year earlier — a 233.8% year-over-year increase. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.
Equitrans Midstream sits higher the Energy benchmark (9.85%) with a profit margin of 30.54%. That is roughly 210.0% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A profit margin of 30.54% for Equitrans Midstream means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Equitrans Midstream's profit margin evolved across reporting periods, while the comparison chart places ETRN next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.