Target Hospitality
TH
#5509
Rank
โ‚ฌ0.88 B
Marketcap
8,80ย โ‚ฌ
Share price
0.77%
Change (1 day)
-33.30%
Change (1 year)
Categories

Operating Margin for Target Hospitality (TH)

Operating Margin as of September 2024 (TTM): 38.02%

According to Target Hospitality's latest financial reports and stock price the company's current Operating Margin is 38.02%. At the end of 2023 the company had an Operating Margin of 39.88%.

Operating Margin history for Target Hospitality from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202339.88%88.3%
202221.18%-2409.08%
2021-0.92%-93.85%
2020-14.92%-344.64%
20196.10%-12.21%
20186.95%-64.9%
201719.79%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
17.96%-52.76%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.