Range Resources
RRC
#2018
Rank
$7.69 B
Marketcap
$31.78
Share price
0.63%
Change (1 day)
2.19%
Change (1 year)

Operating Margin for Range Resources (RRC)

Operating Margin as of July 2024 (TTM): 26.02%

According to Range Resources 's latest financial reports and stock price the company's current Operating Margin is 26.02%. At the end of 2023 the company had an Operating Margin of 43.10%.

Operating Margin history for Range Resources from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202343.10%62.63%
202226.50%136%
202111.23%-127.12%
2020-41.40%-51.42%
2019-85.22%59.89%
2018-53.30%-1656.25%
20173.42%-105.81%
2016-58.92%-33.83%
2015-89.05%-276.45%
201450.47%518.24%
20138.16%345.44%
20121.83%-72.17%
20116.59%-60.7%
201016.76%-358.88%
2009-6.47%-115.74%
200841.13%33.86%
200730.73%-24.11%
200640.49%22.31%
200533.10%58.98%
200420.82%3.56%
200320.11%74.47%
200211.52%49.17%
20017.73%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
41.48% 59.42%๐Ÿ‡บ๐Ÿ‡ธ USA
40.09% 54.07%๐Ÿ‡บ๐Ÿ‡ธ USA
40.80% 56.80%๐Ÿ‡บ๐Ÿ‡ธ USA
6.67%-74.37%๐Ÿ‡บ๐Ÿ‡ธ USA
25.16%-3.31%๐Ÿ‡บ๐Ÿ‡ธ 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.