TC Energy
TRP
$38.31
Share price
-0.21%
Change (1 day)
-3.60%
Change (1 year)
Operating Margin for TC Energy (TRP)
Operating Margin as of May 2024 (TTM): 9.17%
According to TC Energy 's latest financial reports and stock price the company's current Operating Margin is 9.17%. At the end of 2022 the company had an Operating Margin of 9.17%.
Operating Margin history for TC Energy from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 9.17% | -43.3% |
| 2021 | 16.18% | -58.82% |
| 2020 | 39.29% | 0.4% |
| 2019 | 39.13% | 35.55% |
| 2018 | 28.87% | 17.44% |
| 2017 | 24.58% | 267.26% |
| 2016 | 6.69% | -168.39% |
| 2015 | -9.79% | -135.3% |
| 2014 | 27.73% | -3.29% |
| 2013 | 28.67% | 18.45% |
| 2012 | 24.20% | -3.15% |
| 2011 | 24.99% | 14.05% |
| 2010 | 21.91% | 5.46% |
| 2009 | 20.78% | -17.55% |
| 2008 | 25.20% | 29.93% |
| 2007 | 19.39% | -4.51% |
| 2006 | 20.31% | -31.66% |
| 2005 | 29.72% | 2% |
| 2004 | 29.14% | 16.85% |
| 2003 | 24.93% | -1.66% |
| 2002 | 25.35% | 9.99% |
| 2001 | 23.05% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Kinder Morgan KMI | 24.70% | 169.36% | 🇺🇸 USA |
 Williams Companies
WMB | 23.18% | 152.78% | 🇺🇸 USA |
 Plains All American Pipeline PAA | 2.47% | -73.06% | 🇺🇸 USA |
 Enbridge ENB | 12.77% | 39.26% | 🇨🇦 Canada |
 Ultrapar Participacoes UGP | 2.79% | -69.57% | 🇧🇷 Brazil |
 TransAlta TAC | 11.86% | 29.33% | 🇨🇦 Canada |
 Sea (Garena) SE | -4.83% | -152.67% | 🇸🇬 Singapore |
 Enterprise Products EPD | 10.75% | 17.23% | 🇺🇸 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.