Nabors Industries
NBR
#6707
Rank
C$0.73 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ
Country
$77.26
Share price
-1.86%
Change (1 day)
-31.88%
Change (1 year)

Operating Margin for Nabors Industries (NBR)

Operating Margin as of December 2024 (TTM): 0.33%

According to Nabors Industries 's latest financial reports and stock price the company's current Operating Margin is 0.33%. At the end of 2023 the company had an Operating Margin of 4.30%.

Operating Margin history for Nabors Industries from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20234.30%-146.4%
2022-9.26%-61.73%
2021-24.19%-26.83%
2020-33.06%70.86%
2019-19.35%14.05%
2018-16.97%-25%
2017-22.62%-57.93%
2016-53.78%386.09%
2015-11.06%24.5%
2014-8.89%-614.94%
20131.73%-57.36%
20124.05%-52.76%
20118.57%20.67%
20107.10%-255.69%
2009-4.56%-135.27%
200812.93%-43.73%
200722.98%-22.27%
200629.56%20.22%
200524.59%79.26%
200413.72%51.15%
20039.08%-2.07%
20029.27%-61.6%
200124.13%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
20.65% 6,157.58%๐Ÿ‡บ๐Ÿ‡ธ USA
-14.03%-4,351.52%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.