Sitio Royalties
STR
#3153
Rank
$3.85 B
Marketcap
$24.98
Share price
0.12%
Change (1 day)
-5.41%
Change (1 year)

Operating Margin for Sitio Royalties (STR)

Operating Margin as of July 2024 (TTM): 40.90%

According to Sitio Royalties's latest financial reports and stock price the company's current Operating Margin is 40.90%. At the end of 2022 the company had an Operating Margin of 51.35%.

Operating Margin history for Sitio Royalties from 2022 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202251.35%29.07%
202139.79%-228.12%
2020-31.06%

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.