According to Cargojet's latest financial reports and stock price the company's current Operating Margin is 19.96%. At the end of 2024 the company had an Operating Margin of 13.76%.
Year | Operating Margin | Change |
---|---|---|
2024 | 13.76% | 133.53% |
2023 | 5.89% | -73.76% |
2022 | 22.45% | -15.27% |
2021 | 26.50% | -504.42% |
2020 | -6.55% | -253.28% |
2019 | 4.27% | -33.63% |
2018 | 6.44% | -26.6% |
2017 | 8.78% | 868.19% |
2016 | 0.91% | -112.36% |
2015 | -7.34% | 8.35% |
2014 | -6.77% | -363.09% |
2013 | 2.57% | -14.27% |
2012 | 3.00% | 0.29% |
2011 | 2.99% | -60.16% |
2010 | 7.51% | -11.77% |
2009 | 8.51% | -772.16% |
2008 | -1.27% | -127.44% |
2007 | 4.62% | 43.61% |
2006 | 3.21% | -372.04% |
2005 | -1.18% |
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.