Summit Midstream
SMLP
#6789
Rank
S$0.52 B
Marketcap
$49.56
Share price
3.65%
Change (1 day)
164.93%
Change (1 year)

Operating Margin for Summit Midstream (SMLP)

Operating Margin as of September 2024 (TTM): 45.94%

According to Summit Midstream's latest financial reports and stock price the company's current Operating Margin is 45.94%. At the end of 2023 the company had an Operating Margin of -15.79%.

Operating Margin history for Summit Midstream from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-15.79%-58.7%
2022-38.22%443.88%
2021-7.03%-115.17%
202046.33%-476.04%
2019-12.32%-217.17%
201810.51%-42.01%
201718.13%-1039.14%
2016-1.93%-96.42%
2015-53.99%601.43%
2014-7.70%-146.51%
201316.55%-33.92%
201225.04%-32.9%
201137.32%42.5%
201026.19%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
40.38%-12.10%๐Ÿ‡บ๐Ÿ‡ธ USA
10.21%-77.78%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.