Petro Rio
PRIO3.SA
#2194
Rank
$6.96 B
Marketcap
$8.32
Share price
-0.28%
Change (1 day)
-5.15%
Change (1 year)

Operating Margin for Petro Rio (PRIO3.SA)

Operating Margin as of July 2024 (TTM): 56.87%

According to Petro Rio's latest financial reports and stock price the company's current Operating Margin is 56.87%. At the end of 2022 the company had an Operating Margin of 63.80%.

Operating Margin history for Petro Rio from 2010 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202263.80%59.11%
202140.10%13.04%
202035.48%-27.15%
201948.70%66.95%
201829.17%170.22%
201710.79%-83.29%
201664.59%21.73%
201553.07%-124.91%
2014-212.99%-99.62%
2013-56,222.87%1381.07%
2012-3,796.09%-25.58%
2011-5,101.11%315.4%
2010-1,228.00%1003.94%
2009-111.24%-275.55%
200863.37%-3.46%
200765.64%

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.