ProPetro
PUMP
$8.98
Share price
2.75%
Change (1 day)
32.06%
Change (1 year)
Categories
Operating Margin for ProPetro (PUMP)
Operating Margin as of April 2024 (TTM): 2.15%
According to ProPetro's latest financial reports and stock price the company's current Operating Margin is 2.15%. At the end of 2021 the company had an Operating Margin of -7.83%.
Operating Margin history for ProPetro from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -7.83% | -54.08% |
| 2020 | -17.04% | -263.82% |
| 2019 | 10.40% | -21.23% |
| 2018 | 13.21% | 723.79% |
| 2017 | 1.60% | -108.63% |
| 2016 | -18.57% | 48.45% |
| 2015 | -12.51% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PEDEVCO
PED | -8.19% | -480.93% | 🇺🇸 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.