According to PTT Exploration and Production's latest financial reports and stock price the company's current Operating Margin is 49.00%. At the end of 2023 the company had an Operating Margin of 46.69%.
Year | Operating Margin | Change |
---|---|---|
2023 | 46.69% | 8.05% |
2022 | 43.22% | 17.76% |
2021 | 36.70% | 42.08% |
2020 | 25.83% | -29.26% |
2019 | 36.51% | 4.6% |
2018 | 34.91% | 94.01% |
2017 | 17.99% | 22.69% |
2016 | 14.66% | -302% |
2015 | -7.26% | -130.82% |
2014 | 23.56% | -48.51% |
2013 | 45.75% | -2.21% |
2012 | 46.79% | 1.36% |
2011 | 46.16% | 3.28% |
2010 | 44.69% | 33.07% |
2009 | 33.58% | -36.61% |
2008 | 52.98% | -0.25% |
2007 | 53.12% | -1.92% |
2006 | 54.15% | -6.67% |
2005 | 58.02% | 3.25% |
2004 | 56.20% |
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.