Laredo Petroleum
LPI
Operating Margin for Laredo Petroleum (LPI)
Operating Margin as of April 2024 (TTM): 36.26%
According to Laredo Petroleum's latest financial reports and stock price the company's current Operating Margin is 36.26%. At the end of 2021 the company had an Operating Margin of 18.48%.
Operating Margin history for Laredo Petroleum from 2011 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 18.48% | -116.11% |
| 2020 | -114.71% | 235.11% |
| 2019 | -34.23% | -198.81% |
| 2018 | 34.64% | -55.23% |
| 2017 | 77.38% | -369.75% |
| 2016 | -28.69% | -92.39% |
| 2015 | -377.14% | -647.77% |
| 2014 | 68.85% | 59.88% |
| 2013 | 43.06% | 44.52% |
| 2012 | 29.80% | -29.45% |
| 2011 | 42.23% | 29.51% |
| 2010 | 32.61% | -112.59% |
| 2009 | -259.09% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Pioneer Natural Resources PXD | 40.80% | 12.52% | 🇺🇸 USA |
 Ring Energy
REI | 47.55% | 31.14% | 🇺🇸 USA |
 Comstock Resources CRK | 38.64% | 6.56% | 🇺🇸 USA |
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.