According to Granite Real Estate's latest financial reports and stock price the company's current Operating Margin is -45.88%. At the end of 2022 the company had an Operating Margin of 20.23%.
Year | Operating Margin | Change |
---|---|---|
2022 | 20.23% | -94.87% |
2021 | 394.13% | 168.69% |
2020 | 146.68% | -5.53% |
2019 | 155.27% | -25.82% |
2018 | 209.31% | 25.55% |
2017 | 166.71% | 13.44% |
2016 | 146.96% | 37.2% |
2015 | 107.12% | 207.93% |
2014 | 34.79% | -37.94% |
2013 | 56.06% | 18.35% |
2012 | 47.36% | 58.95% |
2011 | 29.80% | -675.02% |
2010 | -5.18% | -60.42% |
2009 | -13.09% | 4.34% |
2008 | -12.55% | -2057.95% |
2007 | 0.64% | -77.17% |
2006 | 2.81% | -230.63% |
2005 | -2.15% | -43.11% |
2004 | -3.78% | -73.73% |
2003 | -14.37% | -707.26% |
2002 | 2.37% | -75.98% |
2001 | 9.86% |
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.