NexTier Oilfield
NEX
$10.61
Share price
0.00%
Change (1 day)
3.21%
Change (1 year)
Categories
Operating Margin for NexTier Oilfield (NEX)
Operating Margin as of April 2024 (TTM): 15.65%
According to NexTier Oilfield 's latest financial reports and stock price the company's current Operating Margin is 15.65%. At the end of 2022 the company had an Operating Margin of 9.85%.
Operating Margin history for NexTier Oilfield from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 9.85% | -219.05% |
| 2021 | -8.27% | -71.2% |
| 2020 | -28.72% | 397.56% |
| 2019 | -5.77% | -293.96% |
| 2018 | 2.98% | -227.52% |
| 2017 | -2.33% | -94.75% |
| 2016 | -44.48% | 151.98% |
| 2015 | -17.65% | 53.3% |
| 2014 | -11.52% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PEDEVCO
PED | -8.19% | -152.33% | 🇺🇸 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.