Precision Drilling annual operating margin
2016
2017
2018
2019
2020
2021
2022
2023
Precision Drilling Operating Margin Growth & History (PDS)
Precision Drilling's operating margin was 31.54% for fiscal 2023.
View full Precision Drilling company overviewPrecision Drilling annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 31.54% | +12.27 pp |
| 2022 | 2022-12-31 | 19.27% | −0.27 pp |
| 2021 | 2021-12-31 | 19.53% | +15.15 pp |
| 2020 | 2020-12-31 | 4.38% | −1.76 pp |
| 2019 | 2019-12-31 | 6.14% | +18.99 pp |
| 2018 | 2018-12-31 | −12.85% | −6.19 pp |
| 2017 | 2017-12-31 | −6.67% | +8.88 pp |
| 2016 | 2016-12-31 | −15.55% | — |
Precision Drilling quarterly operating margin
No reported data
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
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Precision Drilling operating margin trends
Over the last five reported fiscal years, Precision Drilling's operating margin increased from −12.85% to 31.54%, a change of +44.39 percentage points.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Precision Drilling filings at SEC.gov ↗