Tamarack Valley Energy
TVE.TO
#4643
Rank
โ‚ฌ1.49 B
Marketcap
2,74ย โ‚ฌ
Share price
0.98%
Change (1 day)
-0.73%
Change (1 year)

Operating Margin for Tamarack Valley Energy (TVE.TO)

Operating Margin as of September 2024 (TTM): 13.28%

According to Tamarack Valley Energy's latest financial reports and stock price the company's current Operating Margin is 13.28%. At the end of 2023 the company had an Operating Margin of 8.20%.

Operating Margin history for Tamarack Valley Energy from 2003 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20238.20%-73.04%
202230.41%-58.98%
202174.14%-141.27%
2020-179.64%1187.58%
2019-13.95%-194.23%
201814.81%-340.42%
2017-6.16%-78.07%
2016-28.08%15.8%
2015-24.25%-1.84%
2014-24.70%-203.66%
201323.83%-276.68%
2012-13.49%-41.93%
2011-23.23%-85.79%
2010-163.49%50.78%
2009-108.42%309.06%
2008-26.51%-0.66%
2007-26.68%230.83%
2006-8.07%-155.85%
200514.44%-192.2%
2004-15.66%-6.2%
2003-16.70%-94.54%
2002-305.74%

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.