Borr Drilling
BORR
Operating Margin for Borr Drilling (BORR)
Operating Margin as of January 2023 (TTM): -49.82%
According to Borr Drilling 's latest financial reports and stock price the company's current Operating Margin is -49.82%. At the end of 2021 the company had an Operating Margin of -74.72%.
Operating Margin history for Borr Drilling from 2018 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -74.72% | -23.76% |
| 2020 | -98.02% | 13.75% |
| 2019 | -86.17% | -24.58% |
| 2018 | -114.25% | -99.87% |
| 2017 | -88,000.00% |
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.