Transocean
RIG
$5.76
Share price
-2.95%
Change (1 day)
-8.20%
Change (1 year)
Operating Margin for Transocean (RIG)
Operating Margin as of April 2024 (TTM): -35.25%
According to Transocean's latest financial reports and stock price the company's current Operating Margin is -35.25%. At the end of 2022 the company had an Operating Margin of -21.83%.
Operating Margin history for Transocean from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -21.83% | 18.69% |
| 2021 | -18.39% | 7.13% |
| 2020 | -17.16% | -55.76% |
| 2019 | -38.80% | -34.04% |
| 2018 | -58.81% | -41.77% |
| 2017 | -101.01% | -550% |
| 2016 | 22.45% | 60.96% |
| 2015 | 13.95% | -171.07% |
| 2014 | -19.62% | -211.83% |
| 2013 | 17.55% | 86.31% |
| 2012 | 9.42% | -115.84% |
| 2011 | -59.44% | -538.18% |
| 2010 | 13.57% | -60.05% |
| 2009 | 33.96% | -12.93% |
| 2008 | 39.00% | -26.5% |
| 2007 | 53.07% | 28.19% |
| 2006 | 41.40% | 49.18% |
| 2005 | 27.75% | 201.84% |
| 2004 | 9.19% | 936.06% |
| 2003 | 0.89% | -100.95% |
| 2002 | -93.08% | -828.12% |
| 2001 | 12.78% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Helmerich & Payne
HP | 1.50% | -104.26% | 🇺🇸 USA |
 Patterson-UTI Energy PTEN | 12.72% | -136.09% | 🇺🇸 USA |
 Nabors Industries
NBR | -0.02% | -99.94% | 🇧🇲 Bermuda |
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.