Chord Energy
CHRD
Operating Margin for Chord Energy (CHRD)
Operating Margin as of April 2024 (TTM): 49.21%
According to Chord Energy's latest financial reports and stock price the company's current Operating Margin is 49.21%. At the end of 2022 the company had an Operating Margin of 37.94%.
Operating Margin history for Chord Energy from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 37.94% | 218.86% |
| 2021 | 11.90% | -103.19% |
| 2020 | -372.64% | 1950.47% |
| 2019 | -18.17% | 1565.08% |
| 2018 | -1.09% |
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.