Ring Energy
REI
Operating Margin for Ring Energy (REI)
Operating Margin as of September 2023 (TTM): 47.55%
According to Ring Energy 's latest financial reports and stock price the company's current Operating Margin is 47.55%. At the end of 2021 the company had an Operating Margin of 9.12%.
Operating Margin history for Ring Energy from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 9.12% | -104.26% |
| 2020 | -213.93% | -832.58% |
| 2019 | 29.20% | 172.36% |
| 2018 | 10.72% | -41.24% |
| 2017 | 18.25% | -109.88% |
| 2016 | -184.69% | 330.43% |
| 2015 | -42.91% | -229.13% |
| 2014 | 33.23% | -1040.07% |
| 2013 | -3.53% | -96.45% |
| 2012 | -99.62% | -99.2% |
| 2011 | -12,441.08% | 1211.87% |
| 2010 | -948.35% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Laredo Petroleum LPI | 36.26% | -23.74% | 🇺🇸 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.