Teck Resources
TECK
$49.54
Share price
9.01%
Change (1 day)
9.45%
Change (1 year)
Categories
Teck Resources Ltd. is a Canadian mining company extracting and producing copper, zinc and steelmaking coal.
Operating Margin for Teck Resources (TECK)
Operating Margin as of April 2024 (TTM): 21.08%
According to Teck Resources 's latest financial reports and stock price the company's current Operating Margin is 21.08%. At the end of 2022 the company had an Operating Margin of 37.91%.
Operating Margin history for Teck Resources from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 37.91% | 12.78% |
| 2021 | 33.62% | -364.8% |
| 2020 | -12.70% | 223.74% |
| 2019 | -3.92% | -110.92% |
| 2018 | 35.90% | 8.77% |
| 2017 | 33.00% | 88.52% |
| 2016 | 17.51% | -143.55% |
| 2015 | -40.20% | -577.44% |
| 2014 | 8.42% | -51.92% |
| 2013 | 17.51% | 21.97% |
| 2012 | 14.36% | -60.32% |
| 2011 | 36.18% | 15.92% |
| 2010 | 31.21% | -9.27% |
| 2009 | 34.40% | 70.24% |
| 2008 | 20.21% | -48.66% |
| 2007 | 39.36% | -28.71% |
| 2006 | 55.21% | 26.96% |
| 2005 | 43.49% | 65.83% |
| 2004 | 26.23% | 200.97% |
| 2003 | 8.71% | 444.48% |
| 2002 | 1.60% | 8.78% |
| 2001 | 1.47% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 NACCO Industries
NC | 32.57% | 54.51% | 🇺🇸 USA |
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.