TC Energy
TRP
#406
Rank
โ‚น4.070 T
Marketcap
โ‚น3,919
Share price
0.35%
Change (1 day)
25.91%
Change (1 year)

Operating Margin for TC Energy (TRP)

Operating Margin as of September 2024 (TTM): 25.16%

According to TC Energy 's latest financial reports and stock price the company's current Operating Margin is 25.16%. At the end of 2023 the company had an Operating Margin of 25.17%.

Operating Margin history for TC Energy from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202325.17%174.32%
20229.17%-43.3%
202116.18%-58.82%
202039.29%0.4%
201939.13%35.55%
201828.87%17.44%
201724.58%268.49%
20166.67%-168.48%
2015-9.74%-135.14%
201427.73%-3.29%
201328.67%18.45%
201224.20%-16.97%
201129.15%12.21%
201025.98%14.08%
200922.77%-9.63%
200825.20%22.91%
200720.50%0.95%
200620.31%-31.66%
200529.72%11.05%
200426.76%14.68%
200323.34%-7.96%
200225.35%8.47%
200123.37%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
17.63%-29.93%๐Ÿ‡จ๐Ÿ‡ฆ Canada
10.77%-57.19%๐Ÿ‡บ๐Ÿ‡ธ USA
40.38% 60.49%๐Ÿ‡บ๐Ÿ‡ธ USA
0.48%-98.09%๐Ÿ‡ธ๐Ÿ‡ฌ Singapore
27.48% 9.22%๐Ÿ‡บ๐Ÿ‡ธ USA
3.33%-86.76%๐Ÿ‡บ๐Ÿ‡ธ USA
26.22% 4.21%๐Ÿ‡จ๐Ÿ‡ฆ Canada
4.77%-81.04%๐Ÿ‡ง๐Ÿ‡ท Brazil

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.