Forum Energy Technologies
FET
$19.52
Share price
0.67%
Change (1 day)
-11.11%
Change (1 year)
Categories
Operating Margin for Forum Energy Technologies (FET)
Operating Margin as of April 2024 (TTM): 2.32%
According to Forum Energy Technologies 's latest financial reports and stock price the company's current Operating Margin is 2.32%. At the end of 2021 the company had an Operating Margin of -9.24%.
Operating Margin history for Forum Energy Technologies from 2011 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -9.24% | -40.43% |
| 2020 | -15.51% | -72.38% |
| 2019 | -56.17% | 67.33% |
| 2018 | -33.57% | 865.13% |
| 2017 | -3.48% | -81.52% |
| 2016 | -18.82% | 93.58% |
| 2015 | -9.72% | -162.1% |
| 2014 | 15.66% | 16.76% |
| 2013 | 13.41% | -20.68% |
| 2012 | 16.90% | 19.01% |
| 2011 | 14.20% | 69.74% |
| 2010 | 8.37% | 10.5% |
| 2009 | 7.57% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 NOV NOV | 7.29% | 214.22% | 🇺🇸 USA |
 Schlumberger SLB | 15.20% | 555.17% | 🇺🇸 USA |
 TechnipFMC
FTI | 2.07% | -10.78% | 🇬🇧 UK |
 Helix Energy Solutions HLX | -10.46% | -550.86% | 🇺🇸 USA |
 Dril-Quip DRQ | 4.90% | 111.21% | 🇺🇸 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.