Cargojet
CJT.TO
$84.61
Share price
-1.54%
Change (1 day)
13.65%
Change (1 year)
Categories
Operating Margin for Cargojet (CJT.TO)
Operating Margin as of April 2024 (TTM): 34.33%
According to Cargojet's latest financial reports and stock price the company's current Operating Margin is 34.33%. At the end of 2021 the company had an Operating Margin of 26.50%.
Operating Margin history for Cargojet from 2006 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 26.50% | -504.42% |
| 2020 | -6.55% | -253.28% |
| 2019 | 4.27% | -33.63% |
| 2018 | 6.44% | -26.6% |
| 2017 | 8.78% | 868.19% |
| 2016 | 0.91% | -112.33% |
| 2015 | -7.35% | 8.58% |
| 2014 | -6.77% | -363.09% |
| 2013 | 2.57% | -14.27% |
| 2012 | 3.00% | 0.29% |
| 2011 | 2.99% | -60.08% |
| 2010 | 7.50% | 47.01% |
| 2009 | 5.10% | -502.68% |
| 2008 | -1.27% | -127.44% |
| 2007 | 4.62% | 43.61% |
| 2006 | 3.21% | -372.04% |
| 2005 | -1.18% |
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.