Kinetik
KNTK
Operating Margin for Kinetik (KNTK)
Operating Margin as of June 2024 (TTM): 34.19%
According to Kinetik's latest financial reports and stock price the company's current Operating Margin is 34.19%. At the end of 2021 the company had an Operating Margin of 0.51%.
Operating Margin history for Kinetik from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 0.51% | -100.18% |
| 2020 | -281.22% | 660.41% |
| 2019 | -36.98% | 93.9% |
| 2018 | -19.07% |
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.