According to Canada Goose 's latest financial reports and stock price the company's current Operating Margin is 7.42%. At the end of 2023 the company had an Operating Margin of 7.68%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.68% | -28.3% |
2022 | 10.72% | 12.47% |
2021 | 9.53% | -42.48% |
2020 | 16.56% | -24.62% |
2019 | 21.97% | 3.77% |
2018 | 21.18% | 180.37% |
2017 | 7.55% | -33.35% |
2016 | 11.33% | 29.37% |
2015 | 8.76% |
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.