PrairieSky Royalty
PSK.TO
Operating Margin for PrairieSky Royalty (PSK.TO)
Operating Margin as of April 2024 (TTM): 59.36%
According to PrairieSky Royalty 's latest financial reports and stock price the company's current Operating Margin is 59.36%. At the end of 2022 the company had an Operating Margin of 67.53%.
Operating Margin history for PrairieSky Royalty from 2015 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 67.53% | 27.75% |
| 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% |
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.