Gold Royalty Corp
GROY
$2.15
Share price
2.38%
Change (1 day)
0.94%
Change (1 year)
Categories
Operating Margin for Gold Royalty Corp (GROY)
Operating Margin as of April 2024 (TTM): -333.68%
According to Gold Royalty Corp's latest financial reports and stock price the company's current Operating Margin is -333.68%. At the end of 2022 the company had an Operating Margin of -424.14%.
Operating Margin history for Gold Royalty Corp from 2022 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -424.14% | -93.53% |
| 2021 | -6,553.09% |
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.