According to Diamondback Energy 's latest financial reports and stock price the company's current Operating Margin is 59.48%. At the end of 2022 the company had an Operating Margin of 59.48%.
Year | Operating Margin | Change |
---|---|---|
2022 | 59.48% | 39.08% |
2021 | 42.77% | -120.83% |
2020 | -205.33% | -2348.45% |
2019 | 9.13% | -82.15% |
2018 | 51.15% | 23.99% |
2017 | 41.26% | -232.03% |
2016 | -31.25% | -81.36% |
2015 | -167.68% | -372.58% |
2014 | 61.52% | 48.2% |
2013 | 41.51% | 69.28% |
2012 | 24.52% | -20.37% |
2011 | 30.79% | -8.44% |
2010 | 33.63% | 219.69% |
2009 | 10.52% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Occidental Petroleum OXY | 38.53% | -35.22% | ๐บ๐ธ USA |
Pioneer Natural Resources PXD | 40.80% | -31.41% | ๐บ๐ธ USA |
Whiting Petroleum WLL | 23.37% | -60.71% | ๐บ๐ธ USA |
Canadian Natural Resources CNQ | 21.77% | -63.40% | ๐จ๐ฆ Canada |
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.