MEG Energy
MEG.TO
#2307
Rank
$6.24 B
Marketcap
$22.97
Share price
0.81%
Change (1 day)
50.33%
Change (1 year)

Operating Margin for MEG Energy (MEG.TO)

Operating Margin as of March 2024 (TTM): 14.44%

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%.

Operating Margin history for MEG Energy from 2010 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202219.27%131.45%
20218.32%-140.15%
2020-20.73%805.75%
2019-2.29%-62.24%
2018-6.06%-235.69%
20174.47%-113.17%
2016-33.93%-47.64%
2015-64.81%9531.79%
2014-0.67%-93.59%
2013-10.49%-281.06%
20125.79%-45.42%
201110.62%59.49%
20106.66%-95.69%
2009154.33%

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.