Borr Drilling
BORR
Operating Margin for Borr Drilling (BORR)
Operating Margin as of April 2024 (TTM): -15.92%
According to Borr Drilling 's latest financial reports and stock price the company's current Operating Margin is -15.92%. At the end of 2022 the company had an Operating Margin of -61.83%.
Operating Margin history for Borr Drilling from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -61.83% | -17.26% |
| 2021 | -74.72% | -20.49% |
| 2020 | -93.98% | 5.76% |
| 2019 | -88.87% | -22.22% |
| 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.