According to Seadrill 's latest financial reports and stock price the company's current Operating Margin is 24.02%. At the end of 2024 the company had an Operating Margin of 24.04%.
Year | Operating Margin | Change |
---|---|---|
2024 | 24.04% | 13.92% |
2023 | 21.11% | |
2021 | -63.07% | -86.32% |
2020 | -461.08% | 742.08% |
2019 | -54.76% |
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.