Plains GP
PAGP
$19.01
Share price
0.80%
Change (1 day)
37.16%
Change (1 year)
Categories
Operating Margin for Plains GP (PAGP)
Operating Margin as of April 2024 (TTM): 4.25%
According to Plains GP's latest financial reports and stock price the company's current Operating Margin is 4.25%. At the end of 2022 the company had an Operating Margin of 2.46%.
Operating Margin history for Plains GP from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 2.46% | 45.09% |
| 2021 | 1.69% | -115.13% |
| 2020 | -11.19% | -268.4% |
| 2019 | 6.65% | -6.03% |
| 2018 | 7.07% | 107.03% |
| 2017 | 3.42% | -6.56% |
| 2016 | 3.66% | -14.57% |
| 2015 | 4.28% | 20.81% |
| 2014 | 3.54% | 1.15% |
| 2013 | 3.50% | 12.88% |
| 2012 | 3.10% | 3.07% |
| 2011 | 3.01% | 55.3% |
| 2010 | 1.94% |
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.