Flex Lng
FLNG
#4986
Rank
โ‚ฌ1.27 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ
Country
23,48ย โ‚ฌ
Share price
-1.13%
Change (1 day)
-20.05%
Change (1 year)

Operating Margin for Flex Lng (FLNG)

Operating Margin as of October 2024 (TTM): 32.62%

According to Flex Lng 's latest financial reports and stock price the company's current Operating Margin is 32.62%. At the end of 2023 the company had an Operating Margin of 61.68%.

Operating Margin history for Flex Lng from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202361.68%-18.94%
202276.09%19.59%
202163.63%109.31%
202030.40%-28.53%
201942.53%11.13%
201838.27%-202.98%
2017-37.17%

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.