Flotek Industries
FTK
#7390
Rank
$0.10 B
Marketcap
$3.44
Share price
-1.71%
Change (1 day)
454.84%
Change (1 year)

Operating Margin for Flotek Industries (FTK)

Operating Margin as of May 2024 (TTM): -5.98%

According to Flotek Industries's latest financial reports and stock price the company's current Operating Margin is -5.98%. At the end of 2021 the company had an Operating Margin of -70.64%.

Operating Margin history for Flotek Industries from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2021-70.64%-73.68%
2020-268.40%316.37%
2019-64.46%42.08%
2018-45.37%3316.52%
2017-1.33%-211.02%
20161.20%-118.94%
2015-6.32%-135.96%
201417.56%14.43%
201315.35%5.62%
201214.53%-4.24%
201115.17%-145.51%
2010-33.34%-22.92%
2009-43.26%138.06%
2008-18.17%-205.79%
200717.18%-3.6%
200617.82%0.51%
200517.73%63.9%
200410.82%5012.54%
20030.21%-100.64%
2002-32.97%289.32%
2001-8.47%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
7.29%-221.91%๐Ÿ‡บ๐Ÿ‡ธ USA
15.20%-354.18%๐Ÿ‡บ๐Ÿ‡ธ USA
2.07%-134.62%๐Ÿ‡ฌ๐Ÿ‡ง UK
-2.96%-50.50%๐Ÿ‡บ๐Ÿ‡ธ USA
2.03%-133.95%๐Ÿ‡บ๐Ÿ‡ธ USA
4.90%-181.94%๐Ÿ‡บ๐Ÿ‡ธ USA
9.46%-258.19%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.