Ring Energy
REI
#6493
Rank
$0.39 B
Marketcap
$2.00
Share price
0.75%
Change (1 day)
-0.74%
Change (1 year)

Operating Margin for Ring Energy (REI)

Operating Margin as of July 2024 (TTM): 47.55%

According to Ring Energy 's latest financial reports and stock price the company's current Operating Margin is 47.55%. At the end of 2021 the company had an Operating Margin of 9.12%.

Operating Margin history for Ring Energy from 2010 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20219.12%-104.26%
2020-213.93%-832.58%
201929.20%172.36%
201810.72%-41.24%
201718.25%-109.88%
2016-184.69%330.43%
2015-42.91%-229.13%
201433.23%-1040.07%
2013-3.53%-96.45%
2012-99.62%-99.2%
2011-12,441.08%1211.87%
2010-948.35%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
36.26%-23.74%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.