Flex Lng
FLNG
#4674
Rank
$1.37 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$25.51
Share price
1.23%
Change (1 day)
-26.46%
Change (1 year)

Operating Margin for Flex Lng (FLNG)

Operating Margin as of February 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
202163.63%109.31%
202030.40%-28.53%
201942.53%11.66%
201838.09%-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.