Solstad Offshore
SOFF.OL
#7044
Rank
C$0.47 B
Marketcap
$4.37
Share price
1.29%
Change (1 day)
36.09%
Change (1 year)

Operating Margin for Solstad Offshore (SOFF.OL)

Operating Margin as of September 2024 (TTM): -2.70%

According to Solstad Offshore's latest financial reports and stock price the company's current Operating Margin is -2.70%. At the end of 2023 the company had an Operating Margin of 5.13%.

Operating Margin history for Solstad Offshore from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.13%-168.36%
2022-7.50%-65.37%
2021-21.65%-114.47%
2020149.68%-352.74%
2019-59.22%-52.62%
2018-125.00%1272.45%
2017-9.11%-72.43%
2016-33.04%-25.81%
2015-44.53%-1250.04%
20143.87%-74.99%
201315.48%38.98%
201211.14%-183.05%
2011-13.42%-363.29%
20105.10%-85.19%
200934.40%-609.75%
2008-6.75%-113.54%
200749.85%-2.66%
200651.21%120.43%
200523.23%53.03%
200415.18%-21.73%
200319.40%-42.52%
200233.75%

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.