According to Granite Real Estate's latest financial reports and stock price the company's current Operating Margin is 60.91%. At the end of 2023 the company had an Operating Margin of 24.75%.
Year | Operating Margin | Change |
---|---|---|
2023 | 24.75% | 22.35% |
2022 | 20.23% | -94.87% |
2021 | 394.13% | 168.69% |
2020 | 146.68% | -5.53% |
2019 | 155.27% | -25.82% |
2018 | 209.31% | 37.98% |
2017 | 151.69% | 3.22% |
2016 | 146.96% | 37.2% |
2015 | 107.12% | 207.93% |
2014 | 34.79% | -40.11% |
2013 | 58.09% | -34.88% |
2012 | 89.20% | 201.37% |
2011 | 29.60% | -48.99% |
2010 | 58.02% | -398.25% |
2009 | -19.46% | 25% |
2008 | -15.56% | -854.88% |
2007 | 2.06% | -26.53% |
2006 | 2.81% | -230.63% |
2005 | -2.15% | -52.83% |
2004 | -4.55% | -70.78% |
2003 | -15.59% | -758.57% |
2002 | 2.37% | -75.98% |
2001 | 9.86% |
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.