According to Brooge Energy 's latest financial reports and stock price the company's current Operating Margin is -45.72%. At the end of 2023 the company had an Operating Margin of -45.72%.
Year | Operating Margin | Change |
---|---|---|
2023 | -45.72% | -236.92% |
2022 | 33.39% | -45.72% |
2021 | 61.52% | 49.97% |
2020 | 41.02% | -124.02% |
2019 | -170.77% | -481.07% |
2018 | 44.81% | -101.07% |
2017 | -4,182.70% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | -45.72% | 0.00% | ๐ฆ๐ช UAE |
![]() | 48.60% | -206.30% | ๐บ๐ธ USA |
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.