Patterson-UTI Energy
PTEN
#2559
Rank
$4.91 B
Marketcap
$11.77
Share price
0.51%
Change (1 day)
-32.47%
Change (1 year)

Operating Margin for Patterson-UTI Energy (PTEN)

Operating Margin as of December 2023 (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
20226.34%-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%
20147.99%-26.79%
201310.91%-37.51%
201217.47%-12.25%
201119.90%52.65%
201013.04%-297.77%
2009-6.59%-126.83%
200824.58%-22.54%
200731.73%-22.59%
200640.99%22%
200533.60%95.61%
200417.18%51.23%
200311.36%1462%
20020.73%-97.3%
200126.92%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
1.50%-88.21%๐Ÿ‡บ๐Ÿ‡ธ USA
-35.25%-377.12%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
-0.02%-100.16%๐Ÿ‡ง๐Ÿ‡ฒ 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.