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Taxonomy & unit
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ratio: %
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Description
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The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
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Summary
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Ring Energy, Inc. quarterly/annual Operating Margin history and growth rate from 2020 to 2023.
- Ring Energy, Inc. Operating Margin for the quarter ending June 30, 2024 was 41.3 %, a 9.37% decline year-over-year.
- Ring Energy, Inc. annual Operating Margin for 2023 was 40.4 %, a 26.9% decline from 2022.
- Ring Energy, Inc. annual Operating Margin for 2022 was 55.2 %, a 13.2% increase from 2021.
- Ring Energy, Inc. annual Operating Margin for 2021 was 48.8 %.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)