PEDEVCO
PED
Operating Margin for PEDEVCO (PED)
Operating Margin as of April 2024 (TTM): -8.19%
According to PEDEVCO 's latest financial reports and stock price the company's current Operating Margin is -8.19%. At the end of 2021 the company had an Operating Margin of -8.19%.
Operating Margin history for PEDEVCO from 2002 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -8.19% | -97.98% |
| 2020 | -405.63% | 373.96% |
| 2019 | -85.58% | -107.22% |
| 2018 | 1,185.21% | -198.25% |
| 2017 | -1,206.30% | 143.98% |
| 2016 | -494.43% | 23.51% |
| 2015 | -400.30% | -40.86% |
| 2014 | -676.91% | -72.26% |
| 2013 | -2,440.03% | 2.2% |
| 2012 | -2,387.55% | 157.18% |
| 2011 | -928.36% | 0.53% |
| 2010 | -923.45% | 101.43% |
| 2009 | -458.44% | -10.52% |
| 2008 | -512.31% | -59.55% |
| 2007 | -1,266.53% | 149.49% |
| 2006 | -507.65% | 87.77% |
| 2005 | -270.37% | -28.22% |
| 2004 | -376.65% | -49.52% |
| 2003 | -746.12% | 925.35% |
| 2002 | -72.77% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 RigNet RNET | -16.19% | 97.69% | 🇺🇸 USA |
 Oceaneering International
OII | 6.01% | -173.38% | 🇺🇸 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.