According to Permian Resources's latest financial reports and stock price the company's current Operating Margin is 46.47%. At the end of 2022 the company had an Operating Margin of 40.83%.
Year | Operating Margin | Change |
---|---|---|
2022 | 40.83% | 203.06% |
2021 | 13.47% | -110.15% |
2020 | -132.71% | -5742.34% |
2019 | 2.35% | -92.3% |
2018 | 30.55% | 15.71% |
2017 | 26.40% | -111.44% |
2016 | -230.81% | 436.78% |
2015 | -43.00% | -393.51% |
2014 | 14.65% |
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.