According to HighPeak Energy's latest financial reports and stock price the company's current Operating Margin is 41.31%. At the end of 2021 the company had an Operating Margin of 32.92%.
Year | Operating Margin | Change |
---|---|---|
2021 | 32.92% | |
2019 | -142.69% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Patterson-UTI Energy PTEN | 12.72% | -69.21% | ๐บ๐ธ USA |
Transocean RIG | -35.25% | -185.33% | ๐จ๐ญ Switzerland |
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.