Sitio Royalties
STR
Operating Margin for Sitio Royalties (STR)
Operating Margin as of April 2024 (TTM): 40.90%
According to Sitio Royalties's latest financial reports and stock price the company's current Operating Margin is 40.90%. At the end of 2022 the company had an Operating Margin of 51.35%.
Operating Margin history for Sitio Royalties from 2022 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 51.35% | 29.07% |
| 2021 | 39.79% | -228.12% |
| 2020 | -31.06% |
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.