Granite Real Estate
GRP-UN
#3378
Rank
$3.20 B
Marketcap
$50.61
Share price
-1.35%
Change (1 day)
-16.35%
Change (1 year)

Operating Margin for Granite Real Estate (GRP-UN)

Operating Margin as of May 2024 (TTM): -45.88%

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%.

Operating Margin history for Granite Real Estate from 2004 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202220.23%-94.87%
2021394.13%168.69%
2020146.68%-5.53%
2019155.27%-25.82%
2018209.31%25.55%
2017166.71%13.44%
2016146.96%37.2%
2015107.12%207.93%
201434.79%-37.94%
201356.06%18.35%
201247.36%58.95%
201129.80%-675.02%
2010-5.18%-60.42%
2009-13.09%4.34%
2008-12.55%-2057.95%
20070.64%-77.17%
20062.81%-230.63%
2005-2.15%-43.11%
2004-3.78%-73.73%
2003-14.37%-707.26%
20022.37%-75.98%
20019.86%

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.