Patterson-UTI Energy
PTEN
Operating Margin for Patterson-UTI Energy (PTEN)
Operating Margin as of April 2024 (TTM): 12.72%
According to Patterson-UTI Energy's latest financial reports and stock price the company's current Operating Margin is 12.72%. At the end of 2022 the company had an Operating Margin of 6.34%.
Operating Margin history for Patterson-UTI Energy from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 6.34% | -111.95% |
| 2021 | -53.04% | -35.95% |
| 2020 | -82.81% | 285.77% |
| 2019 | -21.47% | 94.39% |
| 2018 | -11.04% | -20.61% |
| 2017 | -13.91% | -74.33% |
| 2016 | -54.18% | 131.59% |
| 2015 | -23.39% | -392.77% |
| 2014 | 7.99% | -26.79% |
| 2013 | 10.91% | -37.51% |
| 2012 | 17.47% | -12.25% |
| 2011 | 19.90% | 52.65% |
| 2010 | 13.04% | -297.77% |
| 2009 | -6.59% | -126.83% |
| 2008 | 24.58% | -22.54% |
| 2007 | 31.73% | -22.59% |
| 2006 | 40.99% | 22% |
| 2005 | 33.60% | 95.61% |
| 2004 | 17.18% | 51.23% |
| 2003 | 11.36% | 1462% |
| 2002 | 0.73% | -97.3% |
| 2001 | 26.92% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Helmerich & Payne
HP | 1.50% | -88.21% | 🇺🇸 USA |
 Transocean RIG | -35.25% | -377.12% | 🇨🇭 Switzerland |
 Nabors Industries
NBR | -0.02% | -100.16% | 🇧🇲 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.