Gold Royalty Corp
GROY
#7643
Rank
โ‚ฌ0.20 B
Marketcap
1,18ย โ‚ฌ
Share price
-0.76%
Change (1 day)
-5.29%
Change (1 year)

Operating Margin for Gold Royalty Corp (GROY)

Operating Margin as of September 2024 (TTM): -467.06%

According to Gold Royalty Corp's latest financial reports and stock price the company's current Operating Margin is -467.06%. At the end of 2022 the company had an Operating Margin of -424.14%.

Operating Margin history for Gold Royalty Corp from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-424.14%-94.57%
2021-7,815.63%

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.