According to PrairieSky Royalty 's latest financial reports and stock price the company's current Operating Margin is 64.63%. At the end of 2021 the company had an Operating Margin of 52.86%.
Year | Operating Margin | Change |
---|---|---|
2021 | 52.86% | 130.53% |
2020 | 22.93% | -44.46% |
2019 | 41.28% | 9% |
2018 | 37.87% | -5.94% |
2017 | 40.27% | 358.26% |
2016 | 8.79% | -77.18% |
2015 | 38.51% |
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.