Nine Energy Service
NINE
Operating Margin for Nine Energy Service (NINE)
Operating Margin as of May 2024 (TTM): 8.34%
According to Nine Energy Service 's latest financial reports and stock price the company's current Operating Margin is 8.34%. At the end of 2021 the company had an Operating Margin of -18.49%.
Operating Margin history for Nine Energy Service from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -18.49% | -84.93% |
| 2020 | -122.70% | 361.11% |
| 2019 | -26.61% | 334.92% |
| 2018 | -6.12% | -54.23% |
| 2017 | -13.37% | -61.17% |
| 2016 | -34.42% | 213.73% |
| 2015 | -10.97% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PEDEVCO
PED | -8.19% | -198.20% | 🇺🇸 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.