Flex Lng
FLNG
#4565
Rank
$1.50 B
Marketcap
🇧🇲 Bermuda
Country
$27.96
Share price
0.58%
Change (1 day)
-6.77%
Change (1 year)
Categories
Operating Margin for Flex Lng (FLNG)
Operating Margin as of June 2024 (TTM): 54.07%
According to Flex Lng 's latest financial reports and stock price the company's current Operating Margin is 54.07%. At the end of 2021 the company had an Operating Margin of 63.63%.
Operating Margin history for Flex Lng from 2017 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 63.63% | 109.31% |
| 2020 | 30.40% | -28.53% |
| 2019 | 42.53% | 11.66% |
| 2018 | 38.09% | -202.49% |
| 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.