Ranger Energy Services
RNGR
#7227
Rank
A$0.51 B
Marketcap
$23.14
Share price
0.79%
Change (1 day)
42.47%
Change (1 year)

Operating Margin for Ranger Energy Services (RNGR)

Operating Margin as of November 2024 (TTM): 4.19%

According to Ranger Energy Services's latest financial reports and stock price the company's current Operating Margin is 4.19%. At the end of 2023 the company had an Operating Margin of 4.87%.

Operating Margin history for Ranger Energy Services from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20234.87%85.2%
20222.63%-192.85%
2021-2.83%-71.25%
2020-9.85%-602.84%
20191.96%-202.38%
2018-1.91%-89.05%
2017-17.47%84.46%
2016-9.47%-70.04%
2015-31.60%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
22.57% 438.66%๐Ÿ‡บ๐Ÿ‡ธ USA
4.19% 0.00%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.