TXO Energy Partners
TXO
#6035
Rank
C$1.04 B
Marketcap
$25.46
Share price
1.28%
Change (1 day)
0.16%
Change (1 year)

Operating Margin for TXO Energy Partners (TXO)

Operating Margin as of November 2024 (TTM): -60.07%

According to TXO Energy Partners's latest financial reports and stock price the company's current Operating Margin is -60.07%. At the end of 2023 the company had an Operating Margin of -26.15%.

Operating Margin history for TXO Energy Partners from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-26.15%-12257.9%
20220.22%-99.16%
202125.55%-117.93%
2020-142.54%

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.