Golar LNG
GLNG
#3224
Rank
$3.68 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$35.24
Share price
-0.34%
Change (1 day)
47.82%
Change (1 year)

Operating Margin for Golar LNG (GLNG)

Operating Margin as of July 2024 (TTM): 55.85%

According to Golar LNG 's latest financial reports and stock price the company's current Operating Margin is 55.85%. At the end of 2022 the company had an Operating Margin of 372.01%.

Operating Margin history for Golar LNG from 2003 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022372.01%-1603.17%
2021-24.75%170.65%
2020-9.14%-45.69%
2019-16.84%678.62%
2018-2.16%-97.38%
2017-82.44%-68.38%
2016-260.72%26.85%
2015-205.53%143.24%
2014-84.50%-181.85%
2013103.23%-58.38%
2012248.04%986.23%
201122.83%-2260.82%
2010-1.06%-107.71%
200913.71%-11536.88%
2008-0.12%-100.27%
200745.20%71.99%
200626.28%77.24%
200514.83%-52.32%
200431.10%-12.16%
200335.40%86.76%
200218.95%242.07%
20015.54%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
30.24%-45.85%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
36.14%-35.29%๐Ÿ‡จ๐Ÿ‡ฆ Canada
31.84%-42.99%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
21.59%-61.34%๐Ÿ‡จ๐Ÿ‡ฆ Canada
40.77%-27.00%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
4.45%-92.03%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.