Gran Tierra Energy
GTE
Operating Margin for Gran Tierra Energy (GTE)
Operating Margin as of April 2024 (TTM): 4.88%
According to Gran Tierra Energy's latest financial reports and stock price the company's current Operating Margin is 4.88%. At the end of 2021 the company had an Operating Margin of 4.88%.
Operating Margin history for Gran Tierra Energy from 2005 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 4.88% | -101.36% |
| 2020 | -358.80% | -2234.6% |
| 2019 | 16.81% | -31.93% |
| 2018 | 24.70% | 178.99% |
| 2017 | 8.85% | -103.94% |
| 2016 | -224.79% | 68.56% |
| 2015 | -133.36% | 4253.99% |
| 2014 | -3.06% | -108.43% |
| 2013 | 36.34% | 7.38% |
| 2012 | 33.85% | -13.86% |
| 2011 | 39.29% | 55.85% |
| 2010 | 25.21% | 73.62% |
| 2009 | 14.52% | -62.74% |
| 2008 | 38.97% | -253.92% |
| 2007 | -25.32% | -40.6% |
| 2006 | -42.63% | -79.92% |
| 2005 | -212.30% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 YPF
(Yacimientos Petrolíferos Fiscales)
YPF | 16.06% | 229.10% | 🇦🇷 Argentina |
 Ecopetrol EC | 34.19% | 600.61% | 🇨🇴 Colombia |
 Petrobras PBR | 43.00% | 781.15% | 🇧🇷 Brazil |
 Geopark GPRK | 42.87% | 778.48% | 🇨🇱 Chile |
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.