According to Telesat's latest financial reports and stock price the company's current Operating Margin is 76.20%. At the end of 2023 the company had an Operating Margin of 95.56%.
Year | Operating Margin | Change |
---|---|---|
2023 | 95.56% | -2503.04% |
2022 | -3.98% | -112.92% |
2021 | 30.78% | 5.03% |
2020 | 29.31% | 31.95% |
2019 | 22.21% |
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.