Tennessee Valley Authority (TVE) Operating Margin (2010 - 2026)

Tennessee Valley Authority has disclosed Operating Margin across 17 years of filings, most recently posting 20.14% for Q1 2026.

• Operating Margin for Q1 2026 came in at 20.14%, down 14.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.92% (up 152.0% YoY), and the FY2025 annual result was 19.05%, up 96.0% from the prior year.
• Operating Margin came in at 20.14% for Q1 2026 at Tennessee Valley Authority, up from 18.39% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 24.76% in Q3 2025 to a low of 8.78% in Q2 2023.
• The 5-year median for Operating Margin is 18.42% (2024), against an average of 17.76%.
• Across the five-year window, Operating Margin sank 1197 bps in 2022 and surged 716 bps in 2024, its largest moves.
• Tennessee Valley Authority's Operating Margin stood at 13.43% in 2022, then advanced by 6 bps to 14.24% in 2023, then decreased by 0 bps to 14.24% in 2024, then climbed by 29 bps to 18.39% in 2025, then climbed by 9 bps to 20.14% in 2026.
• The last three Operating Margin figures came in at 20.14% (Q1 2026), 18.39% (Q4 2025), and 24.76% (Q3 2025), per Business Quant data.