According to Precision Drilling Corporation's latest financial reports and stock price the company's current Operating Margin is 8.27%. At the end of 2024 the company had an Operating Margin of 11.71%.
Year | Operating Margin | Change |
---|---|---|
2024 | 11.71% | -34.56% |
2023 | 17.90% | 308.71% |
2022 | 4.38% | -142.78% |
2021 | -10.24% | 1234.08% |
2020 | -0.77% | -111.18% |
2019 | 6.86% | -152.53% |
2018 | -13.07% | 68.3% |
2017 | -7.76% | -54.18% |
2016 | -16.95% | -39.11% |
2015 | -27.84% | -610.03% |
2014 | 5.46% | -64.42% |
2013 | 15.34% | 177.22% |
2012 | 5.53% | -66.91% |
2011 | 16.72% | 0.66% |
2010 | 16.61% | -35.76% |
2009 | 25.86% | -19.67% |
2008 | 32.19% | -9.43% |
2007 | 35.55% | -14.1% |
2006 | 41.38% | 8.77% |
2005 | 38.05% | 18.11% |
2004 | 32.21% | 117.46% |
2003 | 14.81% | 61.36% |
2002 | 9.18% | -53.94% |
2001 | 19.93% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() Patterson-UTI Energy PTEN | -19.92% | -340.87% | ๐บ๐ธ USA |
![]() Helmerich & Payne
HP | 17.44% | 110.88% | ๐บ๐ธ USA |
![]() Nabors Industries
NBR | 1.16% | -85.97% | 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.