Canadian Solar
CSIQ
$25.20
Share price
-2.36%
Change (1 day)
-30.52%
Change (1 year)
Categories
Operating Margin for Canadian Solar (CSIQ)
Operating Margin as of September 2023 (TTM): 6.09%
According to Canadian Solar 's latest financial reports and stock price the company's current Operating Margin is 6.09%. At the end of 2022 the company had an Operating Margin of 4.77%.
Operating Margin history for Canadian Solar from 2004 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 4.77% | 81.91% |
| 2021 | 2.62% | -32.17% |
| 2020 | 3.87% | -31.09% |
| 2019 | 5.61% | -29.58% |
| 2018 | 7.97% | 100.91% |
| 2017 | 3.97% | 29.15% |
| 2016 | 3.07% | -52.33% |
| 2015 | 6.44% | -40.53% |
| 2014 | 10.84% | 218.61% |
| 2013 | 3.40% | -122.17% |
| 2012 | -15.34% | 291.7% |
| 2011 | -3.92% | -186.66% |
| 2010 | 4.52% | -48% |
| 2009 | 8.69% | 11506.71% |
| 2008 | 0.07% | -157.45% |
| 2007 | -0.13% | -99.01% |
| 2006 | -13.19% | -154.82% |
| 2005 | 24.06% | 28.08% |
| 2004 | 18.79% | 73.97% |
| 2003 | 10.80% | -38.17% |
| 2002 | 17.47% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 SunPower
SPWR | 5.54% | -9.03% | 🇺🇸 USA |
 First Solar
FSLR | 5.21% | -14.45% | 🇺🇸 USA |
 Jinko Solar
JKS | 3.62% | -40.56% | 🇨🇳 China |
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.