According to Trican Well Service's latest financial reports and stock price the company's current Operating Margin is 15.08%. At the end of 2024 the company had an Operating Margin of 14.84%.
Year | Operating Margin | Change |
---|---|---|
2024 | 14.84% | -9.23% |
2023 | 16.34% | 31.24% |
2022 | 12.45% | 484.8% |
2021 | 2.13% | -103.26% |
2020 | -65.27% | 315.88% |
2019 | -15.69% | -46.72% |
2018 | -29.46% | -598.6% |
2017 | 5.91% | -118.48% |
2016 | -31.97% | 147.51% |
2015 | -12.92% | 2507.68% |
2014 | -0.50% | -86.03% |
2013 | -3.55% | -234.92% |
2012 | 2.63% | -87.31% |
2011 | 20.70% | 46.27% |
2010 | 14.15% | -484.69% |
2009 | -3.68% | -67.66% |
2008 | -11.38% | -165.33% |
2007 | 17.42% | -41.67% |
2006 | 29.85% | -4.74% |
2005 | 31.34% | 28.29% |
2004 | 24.43% | 27.17% |
2003 | 19.21% | 72.89% |
2002 | 11.11% | -40.82% |
2001 | 18.78% |
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.