Tanzanian Gold Corporation
TRX
#8373
Rank
ยฃ88.29 M
Marketcap
ยฃ0.32
Share price
3.16%
Change (1 day)
0.56%
Change (1 year)

Operating Margin for Tanzanian Gold Corporation (TRX)

Operating Margin as of September 2024 (TTM): 32.29%

According to Tanzanian Gold Corporation's latest financial reports and stock price the company's current Operating Margin is 32.29%. At the end of 2023 the company had an Operating Margin of 32.30%.

Operating Margin history for Tanzanian Gold Corporation from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202332.30%-358.47%
2022-12.50%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
19.76%-38.81%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-7,852.02%-24,417.19%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.