Genie Energy
GNE
#6337
Rank
$0.45 B
Marketcap
$16.73
Share price
-0.42%
Change (1 day)
22.12%
Change (1 year)

Operating Margin for Genie Energy (GNE)

Operating Margin as of July 2024 (TTM): 30.27%

According to Genie Energy 's latest financial reports and stock price the company's current Operating Margin is 30.27%. At the end of 2021 the company had an Operating Margin of 9.10%.

Operating Margin history for Genie Energy from 2011 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20219.10%42.61%
20206.38%208.99%
20192.06%-38.6%
20183.36%-234.35%
2017-2.50%-155.95%
20164.47%-270.45%
2015-2.62%-67.11%
2014-7.98%-582.13%
20131.65%-38.97%
20122.71%-54.8%
20116.00%-61.45%
201015.56%5.82%
200914.70%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
12.59%-58.41%๐Ÿ‡บ๐Ÿ‡ธ USA
14.44%-52.30%๐Ÿ‡บ๐Ÿ‡ธ USA
2.02%-93.33%๐Ÿ‡บ๐Ÿ‡ธ USA
12.06%-60.16%๐Ÿ‡บ๐Ÿ‡ธ USA
19.61%-35.22%๐Ÿ‡บ๐Ÿ‡ธ USA
31.22% 3.14%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.