Valaris
VAL
#3083
Rank
HK$31.55 B
Marketcap
HK$433.80
Share price
-2.11%
Change (1 day)
-27.11%
Change (1 year)

Operating Margin for Valaris (VAL)

Operating Margin as of September 2024 (TTM): 10.85%

According to Valaris's latest financial reports and stock price the company's current Operating Margin is 10.85%. At the end of 2023 the company had an Operating Margin of 4.72%.

Operating Margin history for Valaris from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20234.72%-66.37%
202214.03%
2020-358.53%11438.28%
2019-3.11%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.32% 31.98%๐Ÿ‡บ๐Ÿ‡ธ USA
8.94%-17.60%๐Ÿ‡บ๐Ÿ‡ธ USA
10.93% 0.74%๐Ÿ‡บ๐Ÿ‡ธ USA
12.39% 14.22%๐Ÿ‡บ๐Ÿ‡ธ USA
7.25%-33.18%๐Ÿ‡บ๐Ÿ‡ธ USA
7.83%-27.83%๐Ÿ‡บ๐Ÿ‡ธ USA
2.94%-72.90%๐Ÿ‡บ๐Ÿ‡ธ USA
15.66% 44.33%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.