Borr Drilling
BORR
#5707
Rank
โ‚น77.20 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ
Country
โ‚น307.01
Share price
-1.64%
Change (1 day)
-48.79%
Change (1 year)

Operating Margin for Borr Drilling (BORR)

Operating Margin as of December 2024 (TTM): 32.45%

According to Borr Drilling 's latest financial reports and stock price the company's current Operating Margin is 32.45%. At the end of 2022 the company had an Operating Margin of -61.83%.

Operating Margin history for Borr Drilling from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-61.83%-17.26%
2021-74.72%-20.49%
2020-93.98%5.76%
2019-88.87%-22.22%
2018-114.25%-99.87%
2017-88,000.00%

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.