PrimeEnergy Resources
PNRG
#7120
Rank
$0.21 B
Marketcap
$118.38
Share price
0.00%
Change (1 day)
31.42%
Change (1 year)

Operating Margin for PrimeEnergy Resources (PNRG)

Operating Margin as of July 2024 (TTM): 38.25%

According to PrimeEnergy Resources's latest financial reports and stock price the company's current Operating Margin is 38.25%. At the end of 2022 the company had an Operating Margin of 47.16%.

Operating Margin history for PrimeEnergy Resources from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202247.16%708.85%
20215.83%-218.28%
2020-4.93%-201.72%
20194.85%-67.56%
201814.94%-66.38%
201744.43%235.3%
201613.25%-152.95%
2015-25.03%-184.16%
201429.74%83.58%
201316.20%-9.4%
201217.88%170.76%
20116.60%45.9%
20104.53%-111.65%
2009-38.86%-11067.18%
20080.35%-95.38%
20077.67%-75.13%
200630.85%-42.79%
200553.93%226.9%
200416.50%-1.96%
200316.82%170.62%
20026.22%-63.47%
200117.02%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
31.90%-16.60%๐Ÿ‡บ๐Ÿ‡ธ USA
38.53% 0.73%๐Ÿ‡บ๐Ÿ‡ธ USA
40.80% 6.67%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.