According to Rattler Midstream 's latest financial reports and stock price the company's current Operating Margin is 48.35%. At the end of 2021 the company had an Operating Margin of 44.64%.
Year | Operating Margin | Change |
---|---|---|
2021 | 44.64% | 3.8% |
2020 | 43.00% | -9.62% |
2019 | 47.58% | 5.88% |
2018 | 44.94% | -26.38% |
2017 | 61.04% | -7.66% |
2016 | 66.11% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Rattler Midstream
RTLR | 48.35% | 0.00% | ๐บ๐ธ USA |
Phillips 66 Partners
PSXP | 79.32% | 64.05% | ๐บ๐ธ USA |
PBF Logistics
PBFX | 52.88% | 9.37% | ๐บ๐ธ USA |
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.