NOW Inc.
DNOW
$14.65
Share price
-0.54%
Change (1 day)
36.92%
Change (1 year)
Categories
Operating Margin for NOW Inc. (DNOW)
Operating Margin as of April 2024 (TTM): 6.80%
According to NOW Inc.'s latest financial reports and stock price the company's current Operating Margin is 6.80%. At the end of 2021 the company had an Operating Margin of 0.74%.
Operating Margin history for NOW Inc. from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 0.74% | -102.77% |
| 2020 | -26.56% | 742.77% |
| 2019 | -3.15% | -269.91% |
| 2018 | 1.85% | -194.45% |
| 2017 | -1.96% | -82.01% |
| 2016 | -10.92% | -36.57% |
| 2015 | -17.21% | -496.88% |
| 2014 | 4.34% | -16.09% |
| 2013 | 5.17% | 6.92% |
| 2012 | 4.83% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Teekay TK | -41.38% | -708.53% | 🇨🇦 Canada |
 Phillips 66 Partners
PSXP | 79.32% | 1,066.46% | 🇺🇸 USA |
 MPLX MPLX | 49.43% | 626.91% | 🇺🇸 USA |
 EnLink Midstream
ENLC | 9.04% | 32.94% | 🇺🇸 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.