According to Tamarack Valley Energy's latest financial reports and stock price the company's current Operating Margin is 19.79%. At the end of 2023 the company had an Operating Margin of 8.20%.
Year | Operating Margin | Change |
---|---|---|
2023 | 8.20% | -73.04% |
2022 | 30.41% | -58.98% |
2021 | 74.14% | -141.27% |
2020 | -179.64% | 1187.58% |
2019 | -13.95% | -194.23% |
2018 | 14.81% | -340.42% |
2017 | -6.16% | -78.07% |
2016 | -28.08% | 15.8% |
2015 | -24.25% | -1.84% |
2014 | -24.70% | -203.66% |
2013 | 23.83% | -276.68% |
2012 | -13.49% | -41.93% |
2011 | -23.23% | -85.79% |
2010 | -163.49% | 50.78% |
2009 | -108.42% | 309.06% |
2008 | -26.51% | -0.66% |
2007 | -26.68% | 230.83% |
2006 | -8.07% | -155.85% |
2005 | 14.44% | -192.2% |
2004 | -15.66% | -6.2% |
2003 | -16.70% | -94.54% |
2002 | -305.74% |
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.