Canadian Tire
CTC.TO
Operating Margin for Canadian Tire (CTC.TO)
Operating Margin as of April 2024 (TTM): 7.91%
According to Canadian Tire's latest financial reports and stock price the company's current Operating Margin is 7.91%. At the end of 2022 the company had an Operating Margin of 8.89%.
Operating Margin history for Canadian Tire from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 8.89% | -14.87% |
| 2021 | 10.45% | 32.54% |
| 2020 | 7.88% | -3.16% |
| 2019 | 8.14% | 7.11% |
| 2018 | 7.60% | -8.24% |
| 2017 | 8.28% | 3.86% |
| 2016 | 7.97% | -2.23% |
| 2015 | 8.15% | 15.72% |
| 2014 | 7.05% | 5.85% |
| 2013 | 6.66% | 12.34% |
| 2012 | 5.93% | -2.28% |
| 2011 | 6.06% | -8.77% |
| 2010 | 6.65% | 20.5% |
| 2009 | 5.52% | -7.02% |
| 2008 | 5.93% | -17.51% |
| 2007 | 7.19% | 6.63% |
| 2006 | 6.75% | -0.62% |
| 2005 | 6.79% | 5.35% |
| 2004 | 6.44% | 15.64% |
| 2003 | 5.57% | 8.17% |
| 2002 | 5.15% | 0.18% |
| 2001 | 5.14% |
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.