According to Topaz Energy's latest financial reports and stock price the company's current Operating Margin is 39.15%. At the end of 2023 the company had an Operating Margin of 22.48%.
Year | Operating Margin | Change |
---|---|---|
2023 | 22.48% | -37.27% |
2022 | 35.83% | 107.97% |
2021 | 17.23% | 636.46% |
2020 | 2.34% | -48.03% |
2019 | 4.50% |
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.