Kimbell Royalty Partners
KRP
Operating Margin for Kimbell Royalty Partners (KRP)
Operating Margin as of April 2024 (TTM): 61.90%
According to Kimbell Royalty Partners's latest financial reports and stock price the company's current Operating Margin is 61.90%. At the end of 2021 the company had an Operating Margin of 23.83%.
Operating Margin history for Kimbell Royalty Partners from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 23.83% | -108.62% |
| 2020 | -276.52% | 93.28% |
| 2019 | -143.06% | 83.22% |
| 2018 | -78.08% | |
| 2016 | -171.70% | -74.34% |
| 2015 | -669.09% | 553.12% |
| 2014 | -102.44% |
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.