Nabors Industries
NBR
#5453
Rank
$0.74 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$79.18
Share price
-3.79%
Change (1 day)
-47.71%
Change (1 year)

Operating Margin for Nabors Industries (NBR)

Operating Margin as of February 2024 (TTM): -0.02%

According to Nabors Industries 's latest financial reports and stock price the company's current Operating Margin is -0.02%. At the end of 2021 the company had an Operating Margin of -24.19%.

Operating Margin history for Nabors Industries from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2021-24.19%-26.83%
2020-33.06%70.86%
2019-19.35%14.05%
2018-16.97%-25%
2017-22.62%-57.93%
2016-53.78%386.09%
2015-11.06%24.5%
2014-8.89%-614.94%
20131.73%-56.09%
20123.93%-51.17%
20118.05%313.53%
20101.95%-129%
2009-6.71%-144.4%
200815.11%-34.23%
200722.98%-22.78%
200629.76%20.92%
200524.61%79.41%
200413.72%51.05%
20039.08%-2.01%
20029.27%-63.75%
200125.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
1.50%-7,600.00%๐Ÿ‡บ๐Ÿ‡ธ USA
12.72%-63,700.00%๐Ÿ‡บ๐Ÿ‡ธ 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.