National Energy Services Reunited
NESR
#5302
Rank
$0.85 B
Marketcap
$9.00
Share price
0.00%
Change (1 day)
171.90%
Change (1 year)

Operating Margin for National Energy Services Reunited (NESR)

Operating Margin as of April 2024 (TTM): 5.09%

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%.

Operating Margin history for National Energy Services Reunited from 2019 to 2021

Operating Margin at the end of each year

Year Operating Margin Change
20209.19%-15.25%
201910.85%
201712.14%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-8.19%-260.90%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.