KLX Energy Services
KLXE
#8472
Rank
NZ$0.16 B
Marketcap
$9.99
Share price
7.85%
Change (1 day)
-49.48%
Change (1 year)

Operating Margin for KLX Energy Services (KLXE)

Operating Margin as of September 2024 (TTM): -3.67%

According to KLX Energy Services's latest financial reports and stock price the company's current Operating Margin is -3.67%. At the end of 2023 the company had an Operating Margin of 6.61%.

Operating Margin history for KLX Energy Services from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.61%58.9%
20224.16%-103.82%
2021-108.78%681.71%
2020-13.92%-411.87%
20194.46%-159.59%
2018-7.49%-87.27%
2017-58.80%34.17%
2016-43.83%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.85%-123.16%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.