Sitio Royalties
STR
#3387
Rank
โ‚น287.94 B
Marketcap
โ‚น1,867
Share price
3.25%
Change (1 day)
-10.92%
Change (1 year)

Operating Margin for Sitio Royalties (STR)

Operating Margin as of September 2024 (TTM): 5.17%

According to Sitio Royalties's latest financial reports and stock price the company's current Operating Margin is 5.17%. At the end of 2023 the company had an Operating Margin of -10.28%.

Operating Margin history for Sitio Royalties from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-10.28%-120.01%
202251.35%29.07%
202139.79%-228.12%
2020-31.06%

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.