Qatar Gas Transport Company
QGTS.QA
$1.08
Share price
-0.56%
Change (1 day)
-1.82%
Change (1 year)
Operating Margin for Qatar Gas Transport Company (QGTS.QA)
Operating Margin as of May 2024 (TTM): 41.08%
According to Qatar Gas Transport Company's latest financial reports and stock price the company's current Operating Margin is 41.08%. At the end of 2022 the company had an Operating Margin of 71.52%.
Operating Margin history for Qatar Gas Transport Company from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 71.52% | 6.86% |
| 2021 | 66.93% | 3.31% |
| 2020 | 64.79% | -4.01% |
| 2019 | 67.50% | 1.9% |
| 2018 | 66.24% | 2.09% |
| 2017 | 64.88% | -5.42% |
| 2016 | 68.61% | -2.34% |
| 2015 | 70.25% | 2.23% |
| 2014 | 68.72% | 4.09% |
| 2013 | 66.02% | 278.42% |
| 2012 | 17.45% | -71.36% |
| 2011 | 60.92% | -43.08% |
| 2010 | 107.02% | -12.74% |
| 2009 | 122.64% | -75.95% |
| 2008 | 509.96% | 414.56% |
| 2007 | 99.11% | 0.22% |
| 2006 | 98.89% |
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.