PrimeEnergy Resources
PNRG
#7513
Rank
A$0.35 B
Marketcap
$200.19
Share price
-0.17%
Change (1 day)
12.44%
Change (1 year)

Operating Margin for PrimeEnergy Resources (PNRG)

Operating Margin as of September 2024 (TTM): 32.79%

According to PrimeEnergy Resources's latest financial reports and stock price the company's current Operating Margin is 32.79%. At the end of 2022 the company had an Operating Margin of 47.16%.

Operating Margin history for PrimeEnergy Resources from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202247.16%636.16%
20216.41%-229.96%
2020-4.93%-201.72%
20194.85%-67.56%
201814.94%-66.38%
201744.43%235.3%
201613.25%-152.95%
2015-25.03%-184.16%
201429.74%83.58%
201316.20%-9.4%
201217.88%185.8%
20116.26%33.99%
20104.67%-112.54%
2009-37.22%-1063.1%
20083.86%-49.63%
20077.67%-75.22%
200630.97%-42.57%
200553.93%226.9%
200416.50%-5.42%
200317.44%171.01%
20026.44%-62.19%
200117.02%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
40.09% 22.26%๐Ÿ‡บ๐Ÿ‡ธ USA
22.75%-30.62%๐Ÿ‡บ๐Ÿ‡ธ USA
40.80% 24.43%๐Ÿ‡บ๐Ÿ‡ธ USA

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.