Ranger Energy Services
RNGR
$10.25
Share price
0.00%
Change (1 day)
-7.66%
Change (1 year)
Categories
Operating Margin for Ranger Energy Services (RNGR)
Operating Margin as of April 2024 (TTM): 5.86%
According to Ranger Energy Services's latest financial reports and stock price the company's current Operating Margin is 5.86%. At the end of 2021 the company had an Operating Margin of -2.83%.
Operating Margin history for Ranger Energy Services from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -2.83% | -71.25% |
| 2020 | -9.85% | -602.84% |
| 2019 | 1.96% | -202.38% |
| 2018 | -1.91% | -89.05% |
| 2017 | -17.47% | 84.46% |
| 2016 | -9.47% | -70.04% |
| 2015 | -31.60% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 United Rentals
URI | 23.33% | 298.12% | 🇺🇸 USA |
 Ranger Energy Services RNGR | 5.86% | 0.00% | 🇺🇸 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.