Civeo
CVEO
#6991
Rank
ยฃ0.30 B
Marketcap
ยฃ21.16
Share price
0.80%
Change (1 day)
30.62%
Change (1 year)

Operating Margin for Civeo (CVEO)

Operating Margin as of October 2024 (TTM): 6.48%

According to Civeo's latest financial reports and stock price the company's current Operating Margin is 6.48%. At the end of 2023 the company had an Operating Margin of 7.64%.

Operating Margin history for Civeo from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.64%139.81%
20223.19%0.54%
20213.17%-113.25%
2020-23.92%202.71%
2019-7.90%-57.58%
2018-18.63%-26.8%
2017-25.45%8.41%
2016-23.48%-13.85%
2015-27.25%90.49%
2014-14.31%-156.35%
201325.39%-21.38%
201232.29%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-6.17%-195.18%๐Ÿ‡บ๐Ÿ‡ธ USA
5.20%-19.75%๐Ÿ‡บ๐Ÿ‡ธ USA
15.95% 146.14%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

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.