Genesis Energy
GNE.NZ
#5039
Rank
C$1.85 B
Marketcap
$1.70
Share price
-1.44%
Change (1 day)
-13.39%
Change (1 year)

Operating Margin for Genesis Energy (GNE.NZ)

Operating Margin at the end of 2023: 14.58%

According to Genesis Energy's latest financial reports and stock price the company's current Operating Margin is 14.57%. At the end of 2023 the company had an Operating Margin of 14.58%.

Operating Margin history for Genesis Energy from 2014 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202314.58%11.14%
202213.11%307.55%
20213.22%-35.34%
20204.98%-14.96%
20195.85%29.46%
20184.52%-61.92%
201711.87%-25.61%
201615.96%59.2%
201510.02%42.26%
20147.05%

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.