National Energy Services Reunited
NESR
#5881
Rank
ยฃ0.64 B
Marketcap
ยฃ6.74
Share price
-1.39%
Change (1 day)
N/A
Change (1 year)

Operating Margin for National Energy Services Reunited (NESR)

Operating Margin as of November 2024 (TTM): -5.09%

According to National Energy Services Reunited 's latest financial reports and stock price the company's current Operating Margin is -5.09%. At the end of 2022 the company had an Operating Margin of 0.48%.

Operating Margin history for National Energy Services Reunited from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20220.48%-109.18%
2021-5.18%-196.06%
20205.39%-50.29%
201910.85%
201712.14%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.85%-116.70%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.