According to PermRock Royalty Trust's latest financial reports and stock price the company's current Operating Margin is 85.30%. At the end of 2023 the company had an Operating Margin of 87.14%.
Year | Operating Margin | Change |
---|---|---|
2023 | 87.14% | -6.67% |
2022 | 93.37% | 3.17% |
2021 | 90.50% | 51.05% |
2020 | 59.92% | -29.16% |
2019 | 84.58% | -11.9% |
2018 | 96.00% | -1368.94% |
2017 | -7.57% | -78.49% |
2016 | -35.17% |
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.