Cardinal Energy
CJ.TO
Operating Margin for Cardinal Energy (CJ.TO)
Operating Margin as of May 2024 (TTM): 39.48%
According to Cardinal Energy's latest financial reports and stock price the company's current Operating Margin is 39.48%. At the end of 2021 the company had an Operating Margin of 66.54%.
Operating Margin history for Cardinal Energy from 2013 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 66.54% | -160.9% |
| 2020 | -109.26% | 3382.4% |
| 2019 | -3.14% | -112.24% |
| 2018 | 25.62% | -218.1% |
| 2017 | -21.70% | -61.56% |
| 2016 | -56.44% | -28.88% |
| 2015 | -79.37% | -330.15% |
| 2014 | 34.48% | -66.15% |
| 2013 | 101.88% | -211.26% |
| 2012 | -91.57% |
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.