New Gold
NGD
$1.82
Share price
1.11%
Change (1 day)
42.19%
Change (1 year)
Categories
Operating Margin for New Gold (NGD)
Operating Margin as of April 2024 (TTM): 21.50%
According to New Gold's latest financial reports and stock price the company's current Operating Margin is 21.50%. At the end of 2021 the company had an Operating Margin of 21.50%.
Operating Margin history for New Gold from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 21.50% | -284.46% |
| 2020 | -11.66% | -0.53% |
| 2019 | -11.72% | -93.54% |
| 2018 | -181.31% | 403.59% |
| 2017 | -36.00% | -12409.31% |
| 2016 | 0.29% | -100.68% |
| 2015 | -43.25% | -23.33% |
| 2014 | -56.40% | 129.54% |
| 2013 | -24.57% | -169.75% |
| 2012 | 35.23% | -5.1% |
| 2011 | 37.13% | 11.87% |
| 2010 | 33.19% | -163.76% |
| 2009 | -52.05% | 3.5% |
| 2008 | -50.29% | |
| 2005 | -709.79% | 233.42% |
| 2004 | -212.88% | -44.45% |
| 2003 | -383.20% | 18.8% |
| 2002 | -322.55% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Hecla Mining
HL | -7.21% | -133.53% | 🇺🇸 USA |
 Coeur Mining
CDE | -8.07% | -137.53% | 🇺🇸 USA |
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.