Ramaco Resources
METC
$15.29
Share price
4.08%
Change (1 day)
80.09%
Change (1 year)
Operating Margin for Ramaco Resources (METC)
Operating Margin as of April 2024 (TTM): 22.87%
According to Ramaco Resources 's latest financial reports and stock price the company's current Operating Margin is 22.87%. At the end of 2021 the company had an Operating Margin of 15.67%.
Operating Margin history for Ramaco Resources from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 15.67% | -415.43% |
| 2020 | -4.97% | -138% |
| 2019 | 13.07% | 18.12% |
| 2018 | 11.07% | -143.82% |
| 2017 | -25.26% | -82.47% |
| 2016 | -144.09% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 NACCO Industries
NC | 32.57% | 42.41% | 🇺🇸 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.