Petro Rio
PRIO3.SA
Operating Margin for Petro Rio (PRIO3.SA)
Operating Margin as of April 2024 (TTM): 56.87%
According to Petro Rio's latest financial reports and stock price the company's current Operating Margin is 56.87%. At the end of 2022 the company had an Operating Margin of 63.80%.
Operating Margin history for Petro Rio from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 63.80% | 59.11% |
| 2021 | 40.10% | 13.04% |
| 2020 | 35.48% | -27.15% |
| 2019 | 48.70% | 66.95% |
| 2018 | 29.17% | 170.22% |
| 2017 | 10.79% | -83.29% |
| 2016 | 64.59% | 21.73% |
| 2015 | 53.07% | -124.91% |
| 2014 | -212.99% | -99.62% |
| 2013 | -56,222.87% | 1381.07% |
| 2012 | -3,796.09% | -25.58% |
| 2011 | -5,101.11% | 315.4% |
| 2010 | -1,228.00% | 1003.94% |
| 2009 | -111.24% | -275.55% |
| 2008 | 63.37% | -3.46% |
| 2007 | 65.64% |
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.