According to TXO Energy Partners's latest financial reports and stock price the company's current Operating Margin is -63.21%. At the end of 2023 the company had an Operating Margin of -26.15%.
Year | Operating Margin | Change |
---|---|---|
2023 | -26.15% | -12257.9% |
2022 | 0.22% | -99.16% |
2021 | 25.55% | -117.93% |
2020 | -142.54% |
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.