3R Petroleum
RRRP3.SA
Operating Margin for 3R Petroleum (RRRP3.SA)
Operating Margin as of April 2024 (TTM): 11.88%
According to 3R Petroleum's latest financial reports and stock price the company's current Operating Margin is 11.88%. At the end of 2021 the company had an Operating Margin of -6.13%.
Operating Margin history for 3R Petroleum from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -6.13% | -95.85% |
| 2020 | -147.67% | 70.08% |
| 2019 | -86.82% | 253.13% |
| 2018 | -24.59% | -85.24% |
| 2017 | -166.62% |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.