According to Noble Corporation 's latest financial reports and stock price the company's current Operating Margin is 16.10%. At the end of 2023 the company had an Operating Margin of 22.07%.
Year | Operating Margin | Change |
---|---|---|
2023 | 22.07% | 33.22% |
2022 | 16.57% | |
2020 | -422.52% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | 20.65% | 28.26% | ๐บ๐ธ USA |
![]() | -14.84% | -192.17% | ๐จ๐ญ Switzerland |
![]() | -1.05% | -106.52% | ๐ง๐ฒ Bermuda |
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.