According to Prio SA (Petro Rio)'s latest financial reports and stock price the company's current Operating Margin is 54.39%. At the end of 2023 the company had an Operating Margin of 56.91%.
Year | Operating Margin | Change |
---|---|---|
2023 | 56.91% | -10.8% |
2022 | 63.80% | 59.11% |
2021 | 40.10% | 13.04% |
2020 | 35.48% | -11.45% |
2019 | 40.06% | 37.36% |
2018 | 29.17% | 170.22% |
2017 | 10.79% | -83.29% |
2016 | 64.59% | 40.92% |
2015 | 45.84% | -121.52% |
2014 | -212.99% | -99.63% |
2013 | -58,158.73% | 1432.07% |
2012 | -3,796.09% | 44.87% |
2011 | -2,620.36% | 113.38% |
2010 | -1,228.00% | 1598.39% |
2009 | -72.30% | -214.11% |
2008 | 63.37% | -3.46% |
2007 | 65.64% |
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.