National Energy Services Reunited
NESR
#5939
Rank
C$1.13 B
Marketcap
$11.84
Share price
-0.96%
Change (1 day)
N/A
Change (1 year)

Operating Margin for National Energy Services Reunited (NESR)

Operating Margin as of December 2024 (TTM): 6.04%

According to National Energy Services Reunited 's latest financial reports and stock price the company's current Operating Margin is 6.04%. At the end of 2022 the company had an Operating Margin of 0.48%.

Operating Margin history for National Energy Services Reunited from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20220.48%-109.18%
2021-5.18%-196.06%
20205.39%-50.29%
201910.85%
201712.14%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.85%-85.93%๐Ÿ‡บ๐Ÿ‡ธ USA

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.