Equinox Gold
EQX
$5.53
Share price
5.33%
Change (1 day)
11.27%
Change (1 year)
Categories
Operating Margin for Equinox Gold (EQX)
Operating Margin as of April 2024 (TTM): -7.72%
According to Equinox Gold 's latest financial reports and stock price the company's current Operating Margin is -7.72%. At the end of 2021 the company had an Operating Margin of 53.27%.
Operating Margin history for Equinox Gold from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 53.27% | 452.21% |
| 2020 | 9.65% | 524.62% |
| 2019 | 1.54% | -103.17% |
| 2018 | -48.69% | -24.3% |
| 2017 | -64.32% | -70.13% |
| 2016 | -215.34% |
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.