According to TerrAscend's latest financial reports and stock price the company's current Operating Margin is 16.37%. At the end of 2021 the company had an Operating Margin of 16.37%.
Year | Operating Margin | Change |
---|---|---|
2021 | 16.37% | -125.67% |
2020 | -63.77% | -75.1% |
2019 | -256.08% | -18.47% |
2018 | -314.09% |
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.