W&T Offshore
WTI
#6479
Rank
$0.32 B
Marketcap
$2.21
Share price
3.76%
Change (1 day)
-45.57%
Change (1 year)

Operating Margin for W&T Offshore (WTI)

Operating Margin as of May 2024 (TTM): 30.92%

According to W&T Offshore's latest financial reports and stock price the company's current Operating Margin is 30.92%. At the end of 2021 the company had an Operating Margin of -8.88%.

Operating Margin history for W&T Offshore from 2003 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-8.88%-502.92%
20202.20%-1163.61%
2019-0.21%-100.48%
201842.94%211.66%
201713.78%-118.85%
2016-73.10%-70.28%
2015-245.97%14375.83%
2014-1.70%-120.88%
20138.14%-40.45%
201213.67%-49.79%
201127.22%48.02%
201018.39%-142.88%
2009-42.89%-37.07%
2008-68.15%-451.81%
200719.37%-49.38%
200638.27%-22.79%
200549.57%9.87%
200445.11%7.34%
200342.03%47.66%
200228.46%-24.07%
200137.48%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
69.47% 124.68%๐Ÿ‡บ๐Ÿ‡ธ USA
-27.55%-189.10%๐Ÿ‡บ๐Ÿ‡ธ USA
27.65%-10.58%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.