Dril-Quip
DRQ
#6698
Rank
$0.53 B
Marketcap
$15.41
Share price
-3.51%
Change (1 day)
-31.81%
Change (1 year)

Operating Margin for Dril-Quip (DRQ)

Operating Margin as of December 2024 (TTM): -3.64%

According to Dril-Quip's latest financial reports and stock price the company's current Operating Margin is -3.64%. At the end of 2023 the company had an Operating Margin of 3.18%.

Operating Margin history for Dril-Quip from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20233.18%144.41%
20221.30%-103.34%
2021-38.94%129.02%
2020-17.00%-776.2%
20192.51%-108.41%
2018-29.90%107.43%
2017-14.41%-167.01%
201621.51%-27.3%
201529.58%-1.42%
201430.01%16.82%
201325.69%16.15%
201222.12%2.3%
201121.62%-11.87%
201024.53%-6.94%
200926.36%-1.32%
200826.71%-9.51%
200729.52%4.25%
200628.32%103.57%
200513.91%79.06%
20047.77%31.3%
20035.92%-1.16%
20025.99%-34.84%
20019.19%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-1.28%-64.84%๐Ÿ‡บ๐Ÿ‡ธ USA
10.63%-392.03%๐Ÿ‡ฌ๐Ÿ‡ง UK
9.62%-364.29%๐Ÿ‡บ๐Ÿ‡ธ USA
15.94%-537.91%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.12% 13.19%๐Ÿ‡บ๐Ÿ‡ธ USA
4.77%-231.04%๐Ÿ‡บ๐Ÿ‡ธ USA
3.35%-192.03%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.