Earthstone Energy
ESTE
Operating Margin for Earthstone Energy (ESTE)
Operating Margin as of April 2024 (TTM): 43.82%
According to Earthstone Energy's latest financial reports and stock price the company's current Operating Margin is 43.82%. At the end of 2022 the company had an Operating Margin of 45.72%.
Operating Margin history for Earthstone Energy from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 45.72% | 202.79% |
| 2021 | 15.10% | -173.86% |
| 2020 | -20.44% | -1304.97% |
| 2019 | 1.70% | -97.13% |
| 2018 | 59.07% | -204.48% |
| 2017 | -56.54% | -55.75% |
| 2016 | -127.78% | -57.34% |
| 2015 | -299.54% | 2036.41% |
| 2014 | -14.02% | -176.62% |
| 2013 | 18.30% | -45.48% |
| 2012 | 33.56% | 52.34% |
| 2011 | 22.03% | 36.19% |
| 2010 | 16.18% | 301.63% |
| 2009 | 4.03% | -90.88% |
| 2008 | 44.15% | -7.12% |
| 2007 | 47.54% | 11.19% |
| 2006 | 42.75% | 12.52% |
| 2005 | 37.99% | 63.53% |
| 2004 | 23.23% | 38.44% |
| 2003 | 16.78% | 190.45% |
| 2002 | 5.78% | -79.94% |
| 2001 | 28.80% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Marathon Oil
MRO | 39.59% | -9.65% | 🇺🇸 USA |
 Northern Oil and Gas NOG | 75.72% | 72.80% | 🇺🇸 USA |
 Continental Resources
CLR | 38.22% | -12.78% | 🇺🇸 USA |
 SM Energy
SM | 41.71% | -4.82% | 🇺🇸 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.