According to MEG Energy's latest financial reports and stock price the company's current Operating Margin is 14.44%. At the end of 2022 the company had an Operating Margin of 19.27%.
Year | Operating Margin | Change |
---|---|---|
2022 | 19.27% | 131.45% |
2021 | 8.32% | -140.15% |
2020 | -20.73% | 805.75% |
2019 | -2.29% | -62.24% |
2018 | -6.06% | -235.69% |
2017 | 4.47% | -113.17% |
2016 | -33.93% | -47.64% |
2015 | -64.81% | 9531.79% |
2014 | -0.67% | -93.59% |
2013 | -10.49% | -281.06% |
2012 | 5.79% | -45.42% |
2011 | 10.62% | 59.49% |
2010 | 6.66% | -95.69% |
2009 | 154.33% |
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.