PrairieSky Royalty
PSK.TO
#2797
Rank
$3.79 B
Marketcap
$15.90
Share price
0.78%
Change (1 day)
13.65%
Change (1 year)

Operating Margin for PrairieSky Royalty (PSK.TO)

Operating Margin as of March 2023 (TTM): 64.63%

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%.

Operating Margin history for PrairieSky Royalty from 2015 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202152.86%130.53%
202022.93%-44.46%
201941.28%9%
201837.87%-5.94%
201740.27%358.26%
20168.79%-77.18%
201538.51%

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.