Borr Drilling
BORR
#4328
Rank
$1.35 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$5.90
Share price
-4.53%
Change (1 day)
187.80%
Change (1 year)

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.