Canadian Solar
CSIQ
#5050
Rank
$1.06 B
Marketcap
$16.02
Share price
-0.99%
Change (1 day)
-58.65%
Change (1 year)

Operating Margin for Canadian Solar (CSIQ)

Operating Margin as of June 2024 (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
20224.77%81.91%
20212.62%-32.17%
20203.87%-31.09%
20195.61%-29.58%
20187.97%100.91%
20173.97%29.15%
20163.07%-52.33%
20156.44%-40.53%
201410.84%218.61%
20133.40%-122.17%
2012-15.34%291.7%
2011-3.92%-186.66%
20104.52%-48%
20098.69%11506.71%
20080.07%-157.45%
2007-0.13%-99.01%
2006-13.19%-154.82%
200524.06%28.08%
200418.79%73.97%
200310.80%-38.17%
200217.47%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
5.54%-9.03%๐Ÿ‡บ๐Ÿ‡ธ USA
5.21%-14.45%๐Ÿ‡บ๐Ÿ‡ธ USA
3.62%-40.56%๐Ÿ‡จ๐Ÿ‡ณ 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.