PermRock Royalty Trust
PRT
Operating Margin for PermRock Royalty Trust (PRT)
Operating Margin as of May 2024 (TTM): 93.81%
According to PermRock Royalty Trust's latest financial reports and stock price the company's current Operating Margin is 93.81%. At the end of 2022 the company had an Operating Margin of 93.37%.
Operating Margin history for PermRock Royalty Trust from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 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% |
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.