Cargojet
CJT.TO
#4891
Rank
โ‚น121.63 B
Marketcap
โ‚น7,669
Share price
-2.20%
Change (1 day)
45.15%
Change (1 year)

Operating Margin for Cargojet (CJT.TO)

Operating Margin as of November 2024 (TTM): 8.26%

According to Cargojet's latest financial reports and stock price the company's current Operating Margin is 8.26%. At the end of 2023 the company had an Operating Margin of 5.89%.

Operating Margin history for Cargojet from 2006 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.89%-73.76%
202222.45%-15.27%
202126.50%-504.42%
2020-6.55%-253.28%
20194.27%-33.63%
20186.44%-26.6%
20178.78%868.19%
20160.91%-112.36%
2015-7.34%8.35%
2014-6.77%-363.09%
20132.57%-14.27%
20123.00%0.29%
20112.99%-60.16%
20107.51%-11.77%
20098.51%-772.16%
2008-1.27%-127.44%
20074.62%43.61%
20063.21%-372.04%
2005-1.18%

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.