Berry Corporation
BRY
Operating Margin for Berry Corporation (BRY)
Operating Margin as of April 2024 (TTM): 28.56%
According to Berry Corporation's latest financial reports and stock price the company's current Operating Margin is 28.56%. At the end of 2021 the company had an Operating Margin of -2.01%.
Operating Margin history for Berry Corporation from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -2.01% | -96.97% |
| 2020 | -66.52% | -5786.12% |
| 2019 | 1.17% | -96.36% |
| 2018 | 32.16% | |
| 2016 | -300.65% |
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.