Arabian Drilling Company
2381.SR
#3807
Rank
C$3.65 B
Marketcap
$41.04
Share price
-1.43%
Change (1 day)
-37.76%
Change (1 year)

Operating Margin for Arabian Drilling Company (2381.SR)

Operating Margin as of November 2024 (TTM): 14.58%

According to Arabian Drilling Company's latest financial reports and stock price the company's current Operating Margin is 14.58%. At the end of 2023 the company had an Operating Margin of 20.03%.

Operating Margin history for Arabian Drilling Company from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202320.03%-2.17%
202220.48%37.72%
202114.87%

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.