Greenfire Resources
GFR
#6701
Rank
โ‚น40.86 B
Marketcap
โ‚น588.30
Share price
-3.99%
Change (1 day)
16.75%
Change (1 year)

Operating Margin for Greenfire Resources (GFR)

Operating Margin as of November 2024 (TTM): -2.31%

According to Greenfire Resources's latest financial reports and stock price the company's current Operating Margin is -2.31%. At the end of 2023 the company had an Operating Margin of -17.20%.

Operating Margin history for Greenfire Resources from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-17.20%-490.37%
20224.41%-98.2%
2021244.37%

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.