Dril-Quip
DRQ
$19.31
Share price
1.10%
Change (1 day)
-29.14%
Change (1 year)
Categories
Operating Margin for Dril-Quip (DRQ)
Operating Margin as of April 2024 (TTM): 4.90%
According to Dril-Quip's latest financial reports and stock price the company's current Operating Margin is 4.90%. At the end of 2021 the company had an Operating Margin of -38.72%.
Operating Margin history for Dril-Quip from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -38.72% | 127.76% |
| 2020 | -17.00% | -776.2% |
| 2019 | 2.51% | -108.41% |
| 2018 | -29.90% | 107.43% |
| 2017 | -14.41% | -167.01% |
| 2016 | 21.51% | -27.3% |
| 2015 | 29.58% | -1.42% |
| 2014 | 30.01% | 16.82% |
| 2013 | 25.69% | 16.15% |
| 2012 | 22.12% | 2.3% |
| 2011 | 21.62% | -11.87% |
| 2010 | 24.53% | -6.94% |
| 2009 | 26.36% | -1.32% |
| 2008 | 26.71% | -9.51% |
| 2007 | 29.52% | 4.25% |
| 2006 | 28.32% | 103.57% |
| 2005 | 13.91% | 79.06% |
| 2004 | 7.77% | 31.3% |
| 2003 | 5.92% | -1.16% |
| 2002 | 5.99% | -34.84% |
| 2001 | 9.19% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 NOV NOV | 7.29% | 48.78% | 🇺🇸 USA |
 Schlumberger SLB | 15.20% | 210.20% | 🇺🇸 USA |
 TechnipFMC
FTI | 2.07% | -57.76% | 🇬🇧 UK |
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 Flotek Industries FTK | -5.98% | -222.04% | 🇺🇸 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.