NGL Energy Partners
NGL
#6453
Rank
โ‚น49.47 B
Marketcap
โ‚น374.76
Share price
-0.22%
Change (1 day)
10.75%
Change (1 year)

Operating Margin for NGL Energy Partners (NGL)

Operating Margin as of November 2024 (TTM): 1.66%

According to NGL Energy Partners 's latest financial reports and stock price the company's current Operating Margin is 1.66%. At the end of 2023 the company had an Operating Margin of 0.61%.

Operating Margin history for NGL Energy Partners from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20230.61%-126.34%
2022-2.30%-81.21%
2021-12.26%415.96%
2020-2.38%163.94%
2019-0.90%196.35%
2018-0.30%-139.9%
20170.76%-147.68%
2016-1.60%-675.99%
20150.28%-45.9%
20140.51%-54.79%
20131.13%75.44%
20120.65%
20100.99%-10.12%
20091.11%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
37.19% 2,140.36%๐Ÿ‡บ๐Ÿ‡ธ USA
0.17%-89.76%๐Ÿ‡บ๐Ÿ‡ธ USA
30.14% 1,715.66%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.