AltaGas
ALA.TO
#2218
Rank
$6.56 B
Marketcap
$22.17
Share price
-0.05%
Change (1 day)
26.11%
Change (1 year)

Operating Margin for AltaGas (ALA.TO)

Operating Margin as of April 2024 (TTM): 6.80%

According to AltaGas 's latest financial reports and stock price the company's current Operating Margin is 6.80%. At the end of 2022 the company had an Operating Margin of 5.08%.

Operating Margin history for AltaGas from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20225.08%20.49%
20214.22%-66.28%
202012.51%-15.41%
201914.79%-187.82%
2018-16.84%-764.21%
20172.54%-77.33%
201611.19%126.13%
20154.95%-24.37%
20146.54%-45.99%
201312.11%4%
201211.64%60.59%
20117.25%-4.67%
20107.61%-32.29%
200911.23%26.01%
20088.92%10.61%
20078.06%-3.14%
20068.32%40.43%
20055.93%-27.69%
20048.19%-5.51%
20038.67%0.57%
20028.62%53.33%
20015.62%

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.