SolarBank
SUUN
#8891
Rank
C$0.12 B
Marketcap
$3.96
Share price
3.27%
Change (1 day)
N/A
Change (1 year)

Operating Margin for SolarBank (SUUN)

Operating Margin as of November 2024 (TTM): -0.95%

According to SolarBank's latest financial reports and stock price the company's current Operating Margin is -0.95%. At the end of 2023 the company had an Operating Margin of -14.55%.

Operating Margin history for SolarBank from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-14.55%852.01%
2022-1.53%

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.