According to Veren's latest financial reports and stock price the company's current Operating Margin is 7.64%. At the end of 2024 the company had an Operating Margin of 7.79%.
Year | Operating Margin | Change |
---|---|---|
2024 | 7.79% | -73.64% |
2023 | 29.54% | -25.34% |
2022 | 39.56% | -59.51% |
2021 | 97.70% | -152.93% |
2020 | -184.59% | 420.18% |
2019 | -35.49% | -60.95% |
2018 | -90.86% | 12724.47% |
2017 | -0.71% | -98.63% |
2016 | -51.55% | -0.05% |
2015 | -51.58% | -367.1% |
2014 | 19.31% | 211.69% |
2013 | 6.20% | -19.98% |
2012 | 7.74% | -34.36% |
2011 | 11.80% | 159.03% |
2010 | 4.55% | 2577.86% |
2009 | 0.17% | -99.57% |
2008 | 39.91% | 5815.09% |
2007 | 0.67% | -95.3% |
2006 | 14.34% | 184.9% |
2005 | 5.04% | -55.32% |
2004 | 11.27% | -49.79% |
2003 | 22.44% | -33.01% |
2002 | 33.50% | -150.42% |
2001 | -66.44% |
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.