Baytex Energy
BTE
Operating Margin for Baytex Energy (BTE)
Operating Margin as of April 2024 (TTM): 34.41%
According to Baytex Energy 's latest financial reports and stock price the company's current Operating Margin is 34.41%. At the end of 2022 the company had an Operating Margin of 30.84%.
Operating Margin history for Baytex Energy from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 30.84% | -66.01% |
| 2021 | 90.72% | -134.05% |
| 2020 | -266.47% | 5997.54% |
| 2019 | -4.37% | -85.38% |
| 2018 | -29.89% | 371.09% |
| 2017 | -6.34% | -93.47% |
| 2016 | -97.14% | -25.73% |
| 2015 | -130.79% | -126425.94% |
| 2014 | 0.10% | -99.47% |
| 2013 | 19.51% | -46.86% |
| 2012 | 36.72% | 78.29% |
| 2011 | 20.60% | 35.69% |
| 2010 | 15.18% | 51.85% |
| 2009 | 10.00% | -59.86% |
| 2008 | 24.90% | 63.39% |
| 2007 | 15.24% | -28.64% |
| 2006 | 21.36% | 43.25% |
| 2005 | 14.91% | -445.79% |
| 2004 | -4.31% | -144.34% |
| 2003 | 9.72% | -61.67% |
| 2002 | 25.37% | -137.68% |
| 2001 | -67.32% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Cabot Oil & Gas
COG | 25.16% | -26.89% | 🇺🇸 USA |
 Range Resources
RRC | 50.92% | 47.98% | 🇺🇸 USA |
 Laredo Petroleum LPI | 36.26% | 5.38% | 🇺🇸 USA |
 Enerplus
ERF | 52.35% | 52.14% | 🇨🇦 Canada |
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.