Summit Midstream
SMLP
Operating Margin for Summit Midstream (SMLP)
Operating Margin as of May 2024 (TTM): -11.42%
According to Summit Midstream's latest financial reports and stock price the company's current Operating Margin is -11.42%. At the end of 2021 the company had an Operating Margin of -7.03%.
Operating Margin history for Summit Midstream from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -7.03% | -115.17% |
| 2020 | 46.33% | -766.98% |
| 2019 | -6.95% | -166.06% |
| 2018 | 10.51% | -42.01% |
| 2017 | 18.13% | -1039.14% |
| 2016 | -1.93% | -96.18% |
| 2015 | -50.49% | 713.17% |
| 2014 | -6.21% | -133.98% |
| 2013 | 18.27% | -28.69% |
| 2012 | 25.62% | -31.34% |
| 2011 | 37.32% | 42.5% |
| 2010 | 26.19% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Williams Companies
WMB | 23.18% | -302.98% | 🇺🇸 USA |
 Targa Resources
TRGP | 10.35% | -190.63% | 🇺🇸 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.