Canadian Tire
CTC.TO
#2404
Rank
NZ$10.70 B
Marketcap
$252.83
Share price
-3.94%
Change (1 day)
-21.63%
Change (1 year)

Operating Margin for Canadian Tire (CTC.TO)

Operating Margin as of December 2024 (TTM): 6.63%

According to Canadian Tire's latest financial reports and stock price the company's current Operating Margin is 6.63%. At the end of 2023 the company had an Operating Margin of 3.44%.

Operating Margin history for Canadian Tire from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20233.44%-61.33%
20228.89%-14.87%
202110.45%32.54%
20207.88%-3.16%
20198.14%7.11%
20187.60%-9.32%
20178.38%5.1%
20167.97%-2.23%
20158.15%15.72%
20147.05%5.85%
20136.66%12.4%
20125.92%-2.33%
20116.06%-4.79%
20106.37%15.45%
20095.52%-7.33%
20085.95%-16.18%
20077.10%5.28%
20066.75%-1.29%
20056.83%6.07%
20046.44%15.64%
20035.57%8.17%
20025.15%0.18%
20015.14%

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.