Tidewater Renewables
LCFS.TO
#9239
Rank
A$72.17 M
Marketcap
$2.07
Share price
-3.54%
Change (1 day)
-78.04%
Change (1 year)

Operating Margin for Tidewater Renewables (LCFS.TO)

Operating Margin as of October 2024 (TTM): -6.80%

According to Tidewater Renewables's latest financial reports and stock price the company's current Operating Margin is -6.80%. At the end of 2023 the company had an Operating Margin of -65.37%.

Operating Margin history for Tidewater Renewables from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-65.37%-238.54%
202247.19%
2020-285.16%243.69%
2019-82.97%-290.38%
201843.58%

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.