Company / Operating Margin
Tennessee Valley Authority Operating Margin History
FY2013-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
27.1%
FY2023
5-year range
22.9% / 27.1%
FY2019-FY2023
Trend
+2.4%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Operating Margin has increased for 3 consecutive years, from 22.9% in FY2020 to 27.1% in FY2023.
Based on SEC 10-K filings.
27.1% in FY2023 with a 10-year CAGR of +15.5%.
Improved from 24.8% to 27.1% over the past 2 years.
Operating Margin over time
Growth rates
- 3-Year Change
- +4.2pp
- 5-Year Change
- +5.2pp
- 10-Year Change
- +15.5pp
Key checks
Key Insights
- Tennessee Valley Authority's operating margin has grown for 3 consecutive years.
- In FY2023, operating margin increased 2.4% year-over-year.
- Lowest operating margin in the period was in FY2013.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2023 | 27.1% | +2.4% |
| FY2022 | 26.5% | +6.5% |
| FY2021 | 24.8% | +8.7% |
| FY2020 | 22.9% | -10.2% |
| FY2019 | 25.4% | +16.2% |
| FY2018 | 21.9% | +8.8% |
| FY2017 | 20.1% | +41.1% |
| FY2016 | 14.3% | +7.6% |
| FY2015 | 13.3% | +14.4% |
| FY2013 | 11.6% | -43.8% |
As of FY2023 · SEC 10-K · Updated Jun 28, 2026