PermRock Royalty Trust
PRT
#8097
Rank
$46.54 M
Marketcap
$3.83
Share price
-3.62%
Change (1 day)
-35.15%
Change (1 year)

Operating Margin for PermRock Royalty Trust (PRT)

Operating Margin as of July 2024 (TTM): 93.81%

According to PermRock Royalty Trust's latest financial reports and stock price the company's current Operating Margin is 93.81%. At the end of 2022 the company had an Operating Margin of 93.37%.

Operating Margin history for PermRock Royalty Trust from 2019 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202293.37%3.17%
202190.50%51.05%
202059.92%-29.16%
201984.58%-11.9%
201896.00%-1368.94%
2017-7.57%-78.49%
2016-35.17%

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.