Diamond Offshore Drilling
DO
#4559
Rank
$1.56 B
Marketcap
$15.25
Share price
2.83%
Change (1 day)
24.19%
Change (1 year)

Operating Margin for Diamond Offshore Drilling (DO)

Operating Margin as of May 2024 (TTM): -6.23%

According to Diamond Offshore Drilling's latest financial reports and stock price the company's current Operating Margin is -6.23%.

Operating Margin history for Diamond Offshore Drilling from 2022 to 2023

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.