Secure Energy Services
SES.TO
#3879
Rank
$2.23 B
Marketcap
$7.99
Share price
-2.14%
Change (1 day)
56.97%
Change (1 year)

Operating Margin for Secure Energy Services (SES.TO)

Operating Margin as of April 2024 (TTM): 3.40%

According to Secure Energy Services's latest financial reports and stock price the company's current Operating Margin is 3.40%. At the end of 2021 the company had an Operating Margin of -7.25%.

Operating Margin history for Secure Energy Services from 2009 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2021-7.25%20.35%
2020-6.02%25496.01%
2019-0.02%-101.92%
20181.23%-202.71%
2017-1.20%-70.26%
2016-4.02%-70.56%
2015-13.66%-705.01%
20142.26%-38.93%
20133.70%-17.6%
20124.49%-22.5%
20115.79%-39.97%
20109.65%-164.42%
2009-14.97%-52.92%
2008-31.80%

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.