Tamarack Valley Energy
TVE.TO
#3924
Rank
$1.87 B
Marketcap
$3.37
Share price
-3.63%
Change (1 day)
-17.00%
Change (1 year)

Operating Margin for Tamarack Valley Energy (TVE.TO)

Operating Margin as of February 2023 (TTM): 47.47%

According to Tamarack Valley Energy's latest financial reports and stock price the company's current Operating Margin is 47.47%. At the end of 2021 the company had an Operating Margin of 74.14%.

Operating Margin history for Tamarack Valley Energy from 2003 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202174.14%-141.27%
2020-179.64%1187.58%
2019-13.95%-194.23%
201814.81%-339.51%
2017-6.18%-77.99%
2016-28.08%15.8%
2015-24.25%-1.84%
2014-24.70%-203.66%
201323.83%-276.68%
2012-13.49%-41.93%
2011-23.23%-80.1%
2010-116.72%8.97%
2009-107.11%304.11%
2008-26.51%-0.66%
2007-26.68%230.83%
2006-8.07%-155.85%
200514.44%-192.2%
2004-15.66%-5.81%
2003-16.63%-94.56%
2002-305.74%

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.