Noble Corporation
NE
Operating Margin for Noble Corporation (NE)
Operating Margin as of April 2024 (TTM): 16.06%
According to Noble Corporation 's latest financial reports and stock price the company's current Operating Margin is 16.06%. At the end of 2022 the company had an Operating Margin of 16.57%.
Operating Margin history for Noble Corporation from 2022 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 16.57% | |
| 2020 | -422.52% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Helmerich & Payne
HP | 1.50% | -90.66% | 🇺🇸 USA |
 Transocean RIG | -35.25% | -319.49% | 🇨🇭 Switzerland |
 Nabors Industries
NBR | -0.02% | -100.12% | 🇧🇲 Bermuda |
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.