According to National Energy Services Reunited 's latest financial reports and stock price the company's current Operating Margin is 5.09%. At the end of 2020 the company had an Operating Margin of 9.19%.
Year | Operating Margin | Change |
---|---|---|
2020 | 9.19% | -15.25% |
2019 | 10.85% | |
2017 | 12.14% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
PEDEVCO
PED | -8.19% | -260.90% | ๐บ๐ธ USA |
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.