Canopy Growth
CGC
Operating Margin for Canopy Growth (CGC)
Operating Margin as of April 2024 (TTM): -728.75%
According to Canopy Growth's latest financial reports and stock price the company's current Operating Margin is -728.75%. At the end of 2022 the company had an Operating Margin of -43.34%.
Operating Margin history for Canopy Growth from 2011 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -43.34% | -85.86% |
| 2021 | -306.50% | -18.64% |
| 2020 | -376.74% | 33.37% |
| 2019 | -282.48% | 179.16% |
| 2018 | -101.19% | 417.82% |
| 2017 | -19.54% | 88.28% |
| 2016 | -10.38% | |
| 2014 | -675.34% | -56.68% |
| 2013 | -1,559.07% | |
| 2011 | -536.27% | -89.06% |
| 2010 | -4,903.10% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Simply Good Foods SMPL | 13.71% | -101.88% | 🇺🇸 USA |
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.