Gran Tierra Energy
GTE
#7866
Rank
C$0.25 B
Marketcap
$8.23
Share price
2.88%
Change (1 day)
-8.75%
Change (1 year)

Operating Margin for Gran Tierra Energy (GTE)

Operating Margin as of September 2024 (TTM): 16.66%

According to Gran Tierra Energy's latest financial reports and stock price the company's current Operating Margin is 16.66%. At the end of 2023 the company had an Operating Margin of 16.67%.

Operating Margin history for Gran Tierra Energy from 2005 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202316.67%-51.59%
202234.43%604.98%
20214.88%-101.36%
2020-358.80%-2234.6%
201916.81%-31.93%
201824.70%178.99%
20178.85%-103.94%
2016-224.79%68.56%
2015-133.36%4253.99%
2014-3.06%-106.41%
201347.81%22.58%
201239.00%-0.74%
201139.29%55.36%
201025.29%74.16%
200914.52%-62.74%
200838.97%-253.92%
2007-25.32%-40.6%
2006-42.63%-79.92%
2005-212.30%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
21.63% 29.83%๐Ÿ‡ง๐Ÿ‡ท Brazil
16.57%-0.54%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
23.20% 39.26%๐Ÿ‡จ๐Ÿ‡ด Colombia
35.13% 110.86%๐Ÿ‡จ๐Ÿ‡ฑ Chile

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.