Civeo
CVEO
#6364
Rank
$0.36 B
Marketcap
$25.10
Share price
1.13%
Change (1 day)
17.73%
Change (1 year)

Operating Margin for Civeo (CVEO)

Operating Margin as of May 2024 (TTM): 0.31%

According to Civeo's latest financial reports and stock price the company's current Operating Margin is 0.31%. At the end of 2021 the company had an Operating Margin of 3.17%.

Operating Margin history for Civeo from 2013 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20213.17%-113.25%
2020-23.92%202.71%
2019-7.90%-57.58%
2018-18.63%-26.8%
2017-25.45%8.41%
2016-23.48%-13.85%
2015-27.25%90.49%
2014-14.31%-156.35%
201325.39%-21.38%
201232.29%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
13.77% 4,341.94%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
6.19% 1,896.77%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.17%-2,089.48%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.